Triad
McCrory still weighing Alcoa dam issue
May 17, 2013
(Associated Press)
Gov. Pat McCrory needs more time before recommending how the state should proceed with ongoing legal wrangling over whether to grant Alcoa Inc. with a new license to operate four dams along the Yadkin River.
Davidson commissioners approve plan for industrial park
May 16, 2013
(Winston-Salem Journal)
Davidson County commissioners OKed the initial phase of a proposed 1,000-acre business park near Interstate 85. The first phase is expected to cost $7.6 million.
More layoffs expected at Energizer's Asheboro plants
May 15, 2013
(The Courier-Tribune, Asheboro)
More layoffs are possible at Energizer's Asheboro plants as the company struggles with declining sales. Energizer has not said yet which sites will bear the burden of most cuts.
Primo Water posts loss but sales improve
May 15, 2013
(Winston-Salem Journal)
Winston-Salem-based Primo Water reported a $1.3 million loss during the first quarter, but sales for the period rose about 13% to $22.3 million as water-dispenser sales improved.
Reynolds American to expand e-cigarattes production
May 10, 2013
(Winston-Salem Journal)
Reynolds American says it plans to expand its production of electronic cigarettes after testing the product in limited markets.
Developer plans to invest $150M in downtown Winston-Salem
May 10, 2013
(Winston-Salem Journal)
Developer Wexford Science & Technology plans to make a second major investment -- $150 million -- in downtown Winston-Salem as it continues investment in its research campus as well as in retail and housing projects.
Eden hospital vows independence despite losses
May 8, 2013
(News & Record, Greensboro)
Morehead Memorial Hospital in Eden has a $1.4 million operating deficit and is one of only a few independent hospitals in the Triad, but its CEO said it's not looking for a buyer.
Stanly County votes to end fight over Alcoa relicensing
May 7, 2013
(The Salisbury Post)
Stanly County commissioners voted Monday to end legal wrangling over a state water-quality certification Alcoa needs to continue to operate dams along the Yadkin River. The certification is stopping the company from getting a federal operating license.
N.C. hospitals fight back against state proposals
May 7, 2013
(Winston-Salem Journal)
North Carolina hospitals are increasing their lobbying to sway public opinion and that of legislators as they consider measures that could damage the hospitals' bottom lines.
Bennett College names new president
May 7, 2013
(News & Record, Greensboro)
Bennett College in Greensboro named Rosalind Fuse-Hall its 17th president. Fuse-Hall has held administrative roles at Florida A&M, N.C. Central University and UNC Chapel Hill.
Pipeline network in Greensboro a mixed blessing
May 6, 2013
(News & Record, Greensboro)
Greensboro is home to a network of thousands of miles of pipelines that carry fuels such as gasoline and jet fuel, bringing economic benefits to the city but also potential hazards.
Wake Forest researchers seek to revolutionize with nanotechnology
May 6, 2013
(Winston-Salem Journal)
Researchers at Wake Forest University hope to revolutionize the electronics industry with nanotechnology discoveries that could eventually be used for uses such as electronic displays in hard-to-reach places and retractable televisions.
Former Southern Community leaders sue bank's purchaser
April 30, 2013
(Winston-Salem Journal)
Two former Southern Community Banking Corp. executives are suing Capitol Bank Financial Corp, which purchased the bank last year, for breach of contract after they were fired and not given $4 million in payments they say they were due. They also accused the two banks of colluding during negotiations.
Randolph County targets 200 acres for development
April 30, 2013
(News & Record, Greensboro)
Randolph County is partnering with Charlotte-based Duke Energy to examine what type of industries could possibly choose 200 acres north of Asheboro for development.
Herbalife to start work on Winston-Salem plant
April 29, 2013
(News & Record, Greensboro)
Supplements maker Herbalife is expected to start converting the former Dell plant in Winston-Salem for its specifications in June after hiring the Raleigh office of Kansas City-based CRB Builders LLC as general contractor.
Yadkin Valley reports higher net income
April 26, 2013
(Winston-Salem Journal)
Elkin-based Yadkin Valley Financial reported that first-quarter net income rose 58% to $4.2 million compared to the year before after it took a large fourth-quarter hit to shore up its loan-loss reserves. The company also announced it will change its name next month to Yadkin Financial and unify several bank brand names.
Duke to study High Point Market's economic impact
April 25, 2013
(Winston-Salem Journal)
The High Point Market Authority awarded a $50,000 contract to Duke University to study its economic impact. The last analysis, conducted several years ago, pegged economic impact at $1.5 billion annually.
Linwood Furniture liquidation moving forward
April 24, 2013
(Winston-Salem Journal)
Linwood Furniture's liquidation will go forward at the end of the month with an auction to sell its inventory and machinery.
Reynolds American first-quarter income rises
April 24, 2013
(Winston-Salem Journal)
Winston-Salem-based Reynolds American posted a 9.3% increase in first-quarter profit as it gained market share and cut expenses.
Burlington developer plans Greensboro apartments
April 24, 2013
(News & Record, Greensboro)
Burlington developer Tom Holderby has proposed a 360-unit apartment complex for south Greensboro. He has already built about 900 apartments between the Triad and South Carolina.
