Triad

Swofford makes it official: Brooklyn to host ACC tournament in 2017, 2018

March 27, 2014

(The News & Observer, Raleigh)

ACC Commissioner John Swofford confirmed Wednesday that the men's basketball tournament will be held at the Barclays Center in Brooklyn in 2017 and 2018. The addition of Syracuse, Pittsburgh and Notre Dame to the conference swayed the ACC's decision to move the tournament to New York.The Greensboro Coliseum will host the tournament in 2015, while the Verizon Center in Washington, D.C. will host it in 2016. Read how John Swofford and the ACC kept the conference viable through expansion in our September 2012 cover story 

RF Micro signs deal with Air Force research lab

March 26, 2014

(The Winston-Salem Journal)

Greensboro chip-maker RF Micro Devices signed a $9.7 million agreement with the Air Force Research Laboratory to produce monolithic microwave integrated circuit technology for defense applications, including radar and military communications.

Novant Health opens Lexington specialty clinic

March 26, 2014

(The Dispatch, Lexington)

Winston-Salem based Novant Health opened the Lexington Medical Pavilion, a specialty clinic that will make it more convenient for Lexington residents who would otherwise have to travel to Thomasville  for treatment. Specialists will share office space and each will offer limited hours per week.

Developer plans $10.2 million Greensboro apartment complex

March 26, 2014

(The News & Record, Greensboro)

Richmond, Va.-based Halcon Companies willl build a $10.2 million, 80-unit apartment complex at South Elm-Eugene St. near Interstate 85.

Industry pub says Heritage Home Group may move headquarters to High Point

March 25, 2014

(High Point Enterprise)

A furniture-industry publication reported last week that St. Louis-based Heritage Home Group, formerly Furniture Brands International, is planning to move its headquarters to the High Point area. Heritage Home is the parent company of several North Carolina furniture manufacturers; its brands include Broyhill, Drexel Heritage, Lane and Thomasville Furniture.

A year after merger with UNC Health, no layoffs expected at High Point Regional

March 25, 2014

(High Point Enterprise)

One year after High Point Regional Health's merger with UNC Health Care, its chief operating officer says the medical center is not planning any layoffs. When the deal was first announced, officials from both companies pledged that no jobs would be affected during the first year.

Bovio named CEO of High Point Regional

March 24, 2014

(The News & Record, Greensboro)

Ernie Bovio was named president and CEO of High Point Regional Health. Bovio was CEO of a Texas-based health system that oversaw three hospitals and 22 clinics. He will succeed Jeff Miller, who is retiring March 31.

Hickory's Fortran acquires Lexington communications company

March 21, 2014

(The Lexington Dispatch)

Lexington-based Wynncomm has been acquired by Hickory-based communications company Fortran Corp. in a share-exchange agreement. Wynncomm offers services including website development and telephone systems. No jobs should be affected by the acquisition.

Foodservice-products manufacturer considers Triad for new plant

March 20, 2014

(The News & Record, Greensboro)

California-based Cambro, which makes plastic products for the foodservice industry, is considering opening a manufacturing plant in Mebane that would create 100 jobs. The company does not have an East Coast location, and likes the transportation infrastructure the Triad offers. Alamance County will hold a public hearing to consider incentives for the company on April 7.

North State to offer ultra-fast Internet service in High Point

March 20, 2014

(High Point Enterprise)

High Point-based North State says it plans to offer gigabit Internet service by year-end to homes and businesses in High Point and parts of Greensboro. The communications company has invested $50 million upgrading its fiber network, and hopes to expand the service to other parts of the Triad if it is well-received.

Ashley Furniture plant in Davie County to be ready in October

March 20, 2014

(The Winston-Salem Journal)

Representatives from Ashley Furniture Industries say its new 1.1 million-square-foot distribution center in Advance should be complete by October. The Arcadia, Wisc.-based furniture manufacturer and retailer hopes to hire an additional 200 workers at the Davie County operation by year-end.

Five-term chairman leaving Piedmont Triad Airport Authority

March 18, 2014

(The Winston-Salem Journal)

Henry Isaacson will step down as chairman of the Piedmont Triad Airport Authority effective April 30. Isaacson, 80 and a Greensboro native, has served on the board since 1999 and has been chairman since 2003.  

ACC tournament moving to Brooklyn in 2017

March 17, 2014

(The News & Record, Greensboro)

Sports Illustrated reported Friday that the ACC men's basketball tournament will be held in Brooklyn in 2017. The tournament will be held in Greensboro again in 2015, and in Washington, D.C., in 2016. Greensboro Coliseum director Matt Brown said he believes Greensboro will remain in the rotation of cities that host the tournament.

Davie County's Ventlab closing, moving business to Michigan

March 17, 2014

(The Salisbury Post)

Ventlab Corp., a medical-products manufacturer which employed 50 in Mocksville, closed Friday. The company was sold to Grand Rapids, Mich.-based Demspey Ventures in March 2013 and the new owner will move operations to Michigan.

Burlington airport helps bring new employers to the area

March 17, 2014

(The Times-News, Burlington)

A 2012 extension of its runway has given the Burlington-Alamance County Regional Airport the capacity to land bigger, corporate jets, making it a tool for economic development in the region.

Lobbying group for convenience stores says prohibit e-cigarette sales to youth

March 17, 2014

(The Winston-Salem Journal)

The National Association of Convenience Stores is advising its members not to sell electronic cigarettes to youth. Convenience stores account for about 75% of brick-and-mortar retail e-cigarette sales. 

 

 

Developer plans to announce High Point corporate-park tenant next month

March 13, 2014

(High Point Enterprise)

The developer of a new corporate park in High Point said he expects to announce the name of its first tenant by mid-April. According to city documents, a 1.2 million-square-foot warehouse and distribution center are planned for the site, and Ralph Lauren Corp. has been rumored to be the center's soon-to-be occupant. 

Herbalife faces FTC investigation

March 13, 2014

(The News & Record, Greensboro)

Los Angeles-based Herbalife, which plans to open a $130 million plant in Winston-Salem this year, said it has received a civil investigative demand from the Federal Trade Commission. The company, which sells nutritional supplements, has been accused of operating a pyramid scheme by hedge-fund manager William Ackman. 

Fourth-quarter earnings strong for Krispy Kreme

March 13, 2014

(The Winston-Salem Journal)

Fourth-quarter net income for Winston-Salem-based Krispy Kreme Doughnuts increased to $14.7 million compared with $4.8 million a year ago. 

Lexington Medical Center names Bill James president

March 12, 2014

(The Winston-Salem Journal)

Bill James will become president of Lexington Medical Center, an affiliate of Wake Forest Baptist Medical Center, effective April 21. James served 19 years as president and chief executive of Mount Airy's Northern Hospital of Surry County.