Eastern

More young people interested in agriculture, farming

April 28, 2014

(StarNews, Wilmington)

The number of people in their 20s and 30s interested in farming, spurred by enthusiasm for locally produced food, has increased, according to the Al Hight, director of the New Hanover County Cooperative Extension, though still only 5% of North Carolina's 50,000 farm operators are 34 or younger.

Wilmington's PPD names De Silva senior vice president

April 22, 2014

(StarNews, Wilmington)

Wilmington-based pharmaceutical company PPD named Bhooshi De Silva senior vice president of corporate development and strategy. De Silva, a former VP of business development at New York-based Pfizer, will focus on mergers and acquisitions.

New food plant to open in Nash County, create 64 jobs

April 21, 2014

(Rocky Mount Telegram)

Richmond, Va.-based Universal Corp. will invest $20 million and hire 64 people at a Nash County plant where it will produce dehydrated and juiced vegetable and fruit products. 

USDA: Farms must report pig virus

April 21, 2014

(The News & Observer, Raleigh)

The U.S. Department of Agriculture now will require farms infected with a deadly pig virus to report outbreaks in an effort to monitor and control the spread of the disease. North Carolina is among four states that has been hit the hardest by porcine epidemic diarrhea, which is nearly always fatal to young piglets. (Regional Report, April 2014) 

State officials working to protect Carteret County marine lab

April 21, 2014

(The Daily News, Jacksonville)

Rep. Walter Jones is working to protect the National Oceanic and Atmospheric marine lab, which is slated for closure in 2015. The lab, which performs scientific research to support menhaden managed fisheries, supports about 100 jobs in the Beaufort area.

 

Wrightsville Beach hotel celebrates 50 years in business

April 21, 2014

(StarNews, Wilmington)

Wrightsville Beach's Blockade Runner Beach Resort is celebrating its 50th anniversary. The family-owned business has withstood hurricanes, including Diana in 1984 which nearly destroyed the 150-room hotel, and other setbacks and has endured where other inns and hotels have come and gone.

School leaders concerned over increase in Wake County teacher resignations

April 18, 2014

(The News & Observer, Raleigh)

Teacher resignations in Wake County have increased 41% compared with the same time a year ago. Of Wake's 9,000 teachers, 612 have resigned since the school year began, up from 433 during the same time last year. North Carolina's average pay for teachers ranks 46th in the nation.

Fayetteville's Methodist University receives $1 million gift

April 17, 2014

(The Fayetteville Observer)

Methodist University received a $1 million gift to support three projects including a Judaic studies endowment and a lobby and gallery in the Reeves Fine Art Building. The school has raised $25 million towards a $35 million goal in the largest fundraising initiative in its history.

Isaiah Washington leads cast of 'The Sin Seer' in Wilmington

April 17, 2014

(StarNews, Wilmington)

Isaiah Washington and Lisa Arrindell Anderson will star in The Sin Seer, an upcoming film about a woman who can see sin in people's souls. The film will begin production April 28 in Wilmington.

Wilmington's Live Oak Bank to go public

April 16, 2014

(Greater Wilmington Business Journal)

In an SEC filing, Wilmington-based Live Oak Bank announced plans to go public though no share price was given. The statement says the bank, which began as a small-business lender, will use proceeds from the public offering to pay off about $8 million in debt and support expansion.

Wilmington may raises taxes, cut jobs to offset $2.3 million budget shortfall

April 16, 2014

(StarNews, Wilmington)

Wilmington may raise its property tax rate by two cents per $100 of value or cut up to 34 jobs to narrow a $2.34 million gap between expenses and revenue. The city council will adopt the budget in June for the fiscal year that begins July 1.

Duke Energy selects Lumberton site for possible development

April 15, 2014

(The Fayetteville Observer)

Duke Energy Progress has hired a consulting group to study a 257-acre site in Robeson County for a potential industrial or manufacturing project. The Lumberton site is one of five in the state chosen by the utility as part of its 2014 Site Readiness Program.

New owner of Smithfield Foods to hold IPO

April 15, 2014

(StarNews, Wilmington)

The Chinese company that bought Smithfield Foods last year will hold an initial public offering on the Hong Kong Stock Exchange. WH Group hopes to raise up to $5.3 billion, much of which will be used to pay off debts related to the Smithfield purchase. Shares are expected to start trading on April 30.

Two more environmental groups oppose sale of N.C. State research forest

April 14, 2014

(Jacksonville Daily News)

Audobon North Carolina and the North Carolina chapter of the Sierra Club have joined at least nine other environmental groups opposed to the prospective sale of Hofmann Forest in Onslow and Jones counties. N.C. State University announced plans in October to sell the land, previously used for research and education, to an Illinois-based agribusiness for $150 million.

PBS series filmed in Kinston wins Peabody Award

April 10, 2014

(StarNews, Wilmington)

The PBS series featuring Kinston chef Vivian Howard and the restaurant she co-owns with Ben Knight, Chef and the Farmer, won a Peabody Award, which recognizes excellence in broadcasting. A Chef's Life joins top-rated TV shows including ABC's Scandal and AMC's Breaking Bad in receiving the awards, which will be presented at a May 19 ceremony in New York. 

Walsh resigns as CEO of Wilmington's AAIPharma

April 10, 2014

(Greater Wilmington Business Journal)

The chief executive of Wilmington-based AAIPharma Services Corp. has stepped down. Patrick Walsh led the company through its merger with Wisconsin-based Cambridge Major Laboratories last year, and had planned to leave the position after the transition. Susan Nestegard was named interim CEO.

Comedy featuring Kristen Wiig, Allison Janney to film in Wilmington

April 10, 2014

(Greater Wilmington Business Journal)

A new movie titled The Heart, starring Kristen Wiig, will film in Wilmington. Pre-production of the comedy, which will also star Allison Janney and Sam Rockwell, is set to begin in May.

Pig virus still affecting NC farms; pork prices rising

April 9, 2014

(The News & Observer, Raleigh)

North Carolina is among four states that have been most affected by porcine epidemic diarrhea, the fast-spreading virus that is fatal to young piglets. The U.S. Department of Agriculture says the virus is responsible for a 3% reduction in the nation's pig population and pork prices have risen 10% or more.

General Assembly refutes film study, says incentives cost state $33 million

April 8, 2014

(StarNews, Wilmington)

A review of a film-incentive study released last week questions its conclusions and claims North Carolina lost $33.1 million in local and state tax revenue in 2012 due to the incentives. The state General Assembly's Fiscal Research Division re-evaluated the study performed by an N.C. State professor, and its findings dispute the study's claim the state made a profit of $25.4 million from tax revenue.

Dredging to improve port prospects at Morehead City

April 7, 2014

(Carteret County News-Times)

The U.S. Army Corps of Engineers will begin dredging in Beaufort Inlet today. The $7.9 million project will allow ships leaving the N.C. Port of Morehead City to carry more cargo by increasing the channel's depth to 43 feet. Sand removed from the inlet will be moved to beaches along Bogue Banks.