Triad

Wake Forest researcher estimates damage of coal-ash spill is $70 million

February 24, 2014

(The News & Record, Greensboro)

A Wake Forest University professor with experience in coal-pollution research estimates the damage of Duke Energy's coal-ash spill in the Dan River is at least $70 million. Factors in the estimate include loss of a healthy ecosystem, lost revenue through fewer people participating in outdoor activities and lower property values in the area due to the stigma of environmental pollution.

Winston-Salem's Budd Group buys Florida landscaping services company

February 24, 2014

(The Winston-Salem Journal)

Winston-Salem-based The Budd Group announced it has bought an Orlando, Fla.-based landscaping company for an undisclosed amount. The Grounds Crew Inc. is an upscale landscaping services provider with 20 years experience. 

Recent coal-ash spill may lead to stiffer environmental regulation

February 24, 2014

(The News & Observer, Raleigh)

The federal investigation of the recent Duke Energy coal-ash spill near Eden may lead the Charlotte-based utility to shut down its 32 lagoons where coal ash is stored and relocate the material to safer locations farther from rivers.   

Caterpillar converts more workers to full-time in Winston-Salem

February 21, 2014

(The Winston-Salem Journal)

Peoria, Ill.-based Caterpillar Inc. has increased the number of full-time workers at its Winston-Salem manufacturing plant from 191 to 315. The number of contract workers has decreased at the plant, which makes equipment for mining trucks.

Furniture-maker will create 113 jobs in High Point

February 20, 2014

(High Point Enterprise)

BuzziSpace, Inc., a Belgian office-furniture manufacturer, will invest more than $1.75 million and create 113 jobs in a new North American headquarters in High Point. The jobs will be in manufacturing, distribution, customer service, office and management and will pay an average annual wage of $45,000.

Aramark leaving High Point Regional Hospital

February 19, 2014

(The News & Record, Greensboro)

Aramark Healthcare Supportive Services will discontinue operations at High Point Regional Hospital, where it employs 75 workers. The company said its hourly workers will now be employed by the hospital, and a small number of employees may find work with Aramark at other area locations.

Coal ash found 70 miles downstream from Eden plant

February 19, 2014

(The News & Record, Greensboro)

The U.S. Fish and Wildlife Service said coal-ash deposits as deep as 5 feet have been found on the bottom of the Dan River. Toxic coal ash has been found as far as 70 miles downstream of the Duke Energy power plant where the coal-ash spill occurred two weeks ago.

State tells Duke Energy to cut off discharge from second pipe after arsenic found

February 19, 2014

(The News & Record, Greensboro)

After finding high levels of arsenic on Tuesday, state officials ordered Duke Energy to stop the discharge from a second stormwater pipe at Duke Energy's Dan River plant. 

Elon to present master plan for downtown area

February 18, 2014

(The Times-News, Burlington)

The town of Elon will present its first-ever master plan at a public hearing on March 3. The proposal includes a central town commons for concerts and gatherings, mixed-use development and new signage. 

Top Guilford employers exempt from paying property taxes

February 18, 2014

(The News & Record, Greensboro)

Guilford County's seven largest employers, which collectively employ 31,555 people, are taxpayer-funded government agencies and nonprofits and therefore are exempt from paying property taxes.

Remington to open Alabama plant

February 18, 2014

(The Winston-Salem Journal)

Madison-based Remington Outdoor Co. will open a weapons-manufacturing plant in Huntsville, Ala. and hire up to 2,000 workers there. Remington employs 260 workers in Madison; it has three manufacturing locations outside of North Carolina.

Duke official apologizes; regulators say no health risk in Dan River

February 18, 2014

(The News & Observer, Raleigh)

At a meeting of the N.C. Environmental Review Commission on Monday, state regulators and a Duke Energy official maintained that water from the Dan River poses no immediate health threat and apologized for the accident that spilled up to 40 tons of coal ash from its shuttered power plant in Eden into the river.

Group sets June as target date for Randolph megasite

February 17, 2014

(The News & Record, Greensboro)

A commercial real estate firm says it has between 800 and 1,000 acres in northeastern Randolph County under contract or with interested sellers, and engineers should begin inspections in March at the site which  it hopes will attract a major auto manufacturer or other large manufacturer.

Thomasville lumber company recognized by state agency

February 17, 2014

(The Winston-Salem Journal)

The N.C. Department of Agriculture and Consumer Services has named Thomasville-based Prime Lumber the 2014 N.C. Exporter of the Year. The company, which processes and sells hardwoods for a variety of uses, shipped more than $8.5 million board feet internationally in 2013.

Wake Forest MBA program makes list of top business schools

February 14, 2014

(The Courier-Tribune, Asheboro)

London's Financial Times listed the full-time MBA program at the Wake Forest School of Business among the top 50 in the nation. The program ranked No. 47 overall and No. 2 for salary growth among U.S. schools.  

B/E Aerospace will expand in Winston-Salem

February 13, 2014

(The Winston-Salem Journal)

Wellington, Fla.-based B/E Aerospace has leased a 37,775-square-foot office space at Oak Summit Business Park, where it already employs about 400. The company currently employs more than 1,300 in Winston-Salem.

Fourth-quarter income doubles for Reynolds American

February 13, 2014

(The Winston-Salem Journal)

Reynolds American reported fourth-quarter net income of $292 million compared with $139 million for the same period in 2012. The company also reported positive results from test markets for its electronic-cigarette brand Vuse, which it plans to launch later this year. 

Greensboro home sales rose 18.5% in 2013

February 13, 2014

(The News & Record, Greensboro)

The annual Greensboro Housing Report indicates the number of homes sold in 2013 rose 18.5% compared with 2012, from 3,187 to 2,690. 

DHHS warns against touching water, eating fish from Dan River

February 13, 2014

(The News & Observer, Raleigh)

The N.C. Department of Health and Human Services is telling people downstream of Duke Energy's coal ash spill on the Dan River to avoid contact with the water and avoid eating fish or shellfish from that section of the river while it continues to monitor and evaluate data.

Novant Health changes sterilization procedures at all of its hospitals

February 12, 2014

(The Charlotte Observer)

Novant Health announced that all surgical instruments used in brain-surgery cases at its hospitals will go through an enhanced sterilization process. The change follows the Winston-Salem-based health-care company's disclosure on Monday that 18 patients at its Forsyth Medical Center were exposed to instruments that were used on a patient with a rare, fatal brain disease.