Triad

Herbalife plant readies for production

July 9, 2014

(Winston-Salem Journal)

Herbalife will hold a job fair at its Winston-Salem plant as the vitamin-maker prepares to begin production. A company spokesman says it has already hired more than 290 of 493 employees the company committed to hire by the end of 2015 at the $130 million plant.

Publix to open Winston-Salem store by end of 2015

July 9, 2014

(Winston-Salem Journal)

Publix Super Markets plans to open a grocery store in Winston-Salem by the end of 2015, according to a company spokeswoman. The Lakeland, Fla.-based grocery store chain currently has two stores in North Carolina, both in the Charlotte area.

Dunkin' Donuts opening five Greensboro shops

July 9, 2014

(News & Record, Greensboro)

Dunkin' Donuts will open five stores in Greensboro as part of the Canton, Mass.-based company's plan to double its number of U.S. stores. The doughnut-maker has more than 300 restaurants in North Carolina.

German yarn-maker to open Mount Airy distribution center

July 8, 2014

(Winston-Salem Journal)

Südwolle Group will open an 18,000-square-foot distribution center in Mount Airy. The Nuremberg, Germany-based company makes wool yarns, including those for legwear and outdoor apparel. The company did not say how many jobs it will create, but will release more details later this month.

Section of High Point's Montlieu Ave. to close for HPU expansion

July 7, 2014

(High Point Enterprise)

A half-mile section of Montlieu Ave. in High Point will close to through traffic July 30 and will become an entrance for High Point University's new pharmacy and health sciences schools. School officials said earlier this year they would consider locating the schools outside of High Point if the city couldn't help accommodate the expansion.

Share prices rise after another report of potential tobacco merger

July 7, 2014

(Winston-Salem Journal)

After CNBC reported that a merger deal between Winston-Salem-based Reynolds American and Greenboro-based Lorillard could be announced by the end of the month, share prices rose for both companies on Thursday.

CommunityOne Bank expanding in Triad

July 3, 2014

(Winston-Salem Journal)

Charlotte-based CommunityOne Bank plans to open a Winston-Salem office and has hired three commercial bankers previously with Greensboro-based NewBridge Bank to increase its presence in the Triad. The community bank has 50 branches and about $2 billion in assets.

Green named new president of Reidsville's Annie Penn Hospital

July 3, 2014

(News & Record, Greensboro)

Debbie Green will become president of Annie Penn Hospital, a member of Greensboro-based Cone Health, and Cone Health Behavioral Health Hospital effective July 13. She replaces Mickey Foster, who became president of The Moses H. Cone Hospital and executive vice president of Cone Health.

Unemployment up, but economy still on track

July 2, 2014

(The Burlington Times-News)

The state's unemployment rate rose to 6.4% in May, up from 6.2% the month before, but the economy is still improving, according to one economist.

Settlement closes wound for Wake Forest Baptist

July 2, 2014

(Winston-Salem Journal)

Wake Forest Baptist Medical Center agreed to a $280 million settlement from a San Antonio company over a legal dispute involving a wound-treatment device.

Republic agrees to pay $125 million toward obligations

July 2, 2014

(Winston-Salem Journal)

In an agreement with the N.C. Insurance Department, the parent of Winston-Salem-based Republic Mortgage Insurance Co. has agreed to pay $125 million toward meeting obligations on client claims.

Will Lorillard-Reynolds merger become a foursome?

July 1, 2014

(News & Record, Greensboro)

A fourth party may need to be involved for the rumored Reynolds American-Lorillard merger to become a reality.

Reynolds redo will revitalize Winston-Salem

June 30, 2014

(Winston-Salem Journal)

The decades-long effort to revitalize downtown Winston-Salem will get a shot in the arm from the proposed $60 million renovation of the iconic Reynolds building.

HondaJet takes flight

June 30, 2014

(Winston-Salem Journal)

Honda Aircraft Co. says that its light business jet, HondaJet, achieved an important milestone Friday when it took flight for the first time.

Auto insurer moves 700 in Winston-Salem

June 30, 2014

(Winston-Salem Journal)

National General Holdings, formerly GMAC, moved 700 employees from the GMAC Insurance building to office buildings in Madison Park.

VF Corp.'s shopping lab

June 30, 2014

(News & Record, Greensboro)

VF Corp. recently opened a retail lab in Greensboro to study how shoppers select items.

Tanger, O'Sullivan win entrepreneurship awards

June 27, 2014

(News & Record, Greensboro)

Steven Tanger, president and CEO of Greensboro-based Tanger Factory Outlet Centers, received Ernst & Young's 2014 Entrepreneur of the Year award in the category of hospitality and retail for the Southeast region. Mort O'Sullivan, CEO of Mebane-based ARCA, which sells cash automation systems, received the award in the technology category.

United Furniture to bring 200 jobs to Winston-Salem

June 26, 2014

(WFMYNews2.com)

United Furniture will hire 200 workers at a manufacturing and distribution center in Winston-Salem. The company, which has locations in Archdale, High Point and Lexington, will occupy the former Hanesbrands Weeks hosiery plant. The Okolona, Miss.-based company will receive $300,000 in local incentives.

Hanesbrands to acquire European apparel company for $544M

June 26, 2014

(Winston-Salem Journal)

Winston-Salem-based Hanesbrands will acquire French intimate-apparel manufacturer DBApparel for $544 million. The two companies were owned by Chicago-based Sara Lee Corp. until 2006, when Sun Capital Partners bought DBA and Hanesbrands was spun out as a publicly traded company. 

Carbone named president of Wake Forest Baptist

June 25, 2014

(Winston-Salem Journal)

Karen Barbara "Bobbi" Carbone was named president of Wake Forest Baptist Health, the Winston-Salem-based health system announced Tuesday. Carbone joined the system in March as executive vice president and chief operating officer. She replaces Thomas Sibert, who previously announced plans to retire on Aug. 31.