Triad
Randolph leaders take a second look at proposed megasite
May 24, 2013
(News & Record, Greensboro)
Randolph County officials are re-examining whether to go forward with a proposed 2,030-acre industrial megasite in Liberty in light of uncertainty about the Department of Commerce's structure as Gov. Pat McCrory proposes taking its economic-development functions private as well as continued opposition from nearby landowners.
Greensboro company buys Orlando apartments for $48M
May 23, 2013
(Winston-Salem Journal)
Greensboro-based Bell Partners acquired a 310-unit apartment complex in Orlando adjacent to Universal Studios for $48 million.
Fresh Market names new CFO
May 23, 2013
(Winston-Salem Journal)
Greensboro-based specialty grocer Fresh Market named Jeffrey Ackerman its new chief financial officer, effective June 3. He previously was CFO of mattress maker Sealy Corp.
Davidson County tries again for megasite
May 21, 2013
(The Dispatch, Lexington)
Davidson County officials are trying again to develop a megasite near Interstate 85 that once was a finalist for a Toyota plant. One of the main challenges is that the 2,000 acres has several landowners.
Pledges for Greensboro performing arts center line up
May 21, 2013
(News & Record, Greensboro)
The Phillips Foundation promised $3.5 million toward a planned Greensboro performing arts center, less than a week after tobacco maker Lorillard announced it would pledge $1 million. The $60.5 million project needs $20 million in private donations.
Senate budget preserves High Point Market money
May 21, 2013
(News & Record, Greensboro)
The state Senate's proposed budget maintains about $1.7 million in funding for the twice yearly High Point Market furniture trade show. Gov. Pat McCrory initially proposed slashing its budget before backtracking.
Top Triad executives get pay raises
May 20, 2013
(Winston-Salem Journal)
Eight of the 10 top-compensated executives at companies with a presence in the Triad got pay raises last year, mostly because of increased stock and option awards.
Piedmont Triad Partnership faces cuts
May 20, 2013
(Winston-Salem Journal)
The Piedmont Triad Partnership, which helps recruit business for 12 counties, is facing a 23% cut to its funding as lawmakers debate changing how North Carolina lures businesses by turning more functions over to the private sector.
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.
