April 15, 2015
Lab Escape, a 12-year-old Asheville-based software company with five employees, has been acquired by Boston-based e-commerce company Teikametrics for an undisclosed amount. Teikametrics helps third-party Amazon retailers with pricing and inventory analysis.
April 15, 2015
Asheville Regional Airport was awarded a $10 million federal grant that will help fund a $64 million, four-year project to replace the airport's 50-year-old runway.
April 14, 2015
State and local officials celebrated the opening of Mayland Community College's Yancey Learning Center, a $2.4 million advanced-manufacturing school that has already enrolled 35 students. Charlotte-based Duke Energy Foundation donated $250,000 for the school to buy a 3-D metal printer.
April 13, 2015
(The Avery Journal-Times, Newland)
Lees-McRae College in Banner Elk plans to add an indoor training facility, a media room and a renovated student recreation center as part of an expansion to its athletic-complex. The projects will be funded with private donations and partnerships and are expected to be complete by fall 2015.
April 8, 2015
Buncombe County commissioners remain tight-lipped about the identity of the company considering locating at a 137-acre industrial site the county plans to purchase for $6.8 million. Commissioner Brownie Newman said the company would provide "living-wage jobs ... that would support middle-class families."
April 3, 2015
(Greensboro News & Record)
An audit of the state Department of Health and Human Services showed significant errors and deficiencies in its oversight of state programs, including errors in 24% of 272 claims sampled that resulted in $464,942 in overpayment.
March 30, 2015
Mission Hospital's 63-bed ER lost $4 million in 2013 after writing off $17.5 million in charity care. Like other providers, the Asheville-based health system relies on private insurance to make money. The system lost $35.4 million on Medicare patients in 2013, and that number is expected to increase as the number of retirees in the region grows.
March 26, 2015
Asheville City Council will allow staffers to examine plans for a whitewater park for kayakers on the French Broad River. Park advocates spoke out in support of the $1.8 million facility, which would be privately funded.
March 23, 2015
Asheville's River Arts District will benefit from $50 million in public funding and about $200 million in private investment over the next six years. The money will pay for greenways, road improvements and other infrastructure upgrades in the once-industrial area.
March 20, 2015
Officials broke ground Thursday on a 98,000-square-foot health-sciences center in Hendersonville that is a partnership of local governments, Pardee Hospital, Blue Ridge Community College and Wingate University. The center will house educational programs, a cancer center and surgical offices.
March 20, 2015
After a slow start in December, western N.C. ski resorts benefited from low temperatures and gas prices over the last two months. "We couldn't be more pleased from January on," Rick Bussey, co-owner of Wolf Ridge Ski Resort in Mars Hill, said.
March 20, 2015
Asheville's 19th brewery is set to open by the end of March. Catawba Brewing will open its second Asheville location in the South Slope district on March 30; the Morganton-based beer-maker already has a tasting room in Biltmore Village.
March 19, 2015
Buncombe County will spend $6.8 million to purchase a 137-acre site it hopes will lure an unnamed economic-development prospect. David Gantt, chairman of the board of commissioners, compared the scope of the project to "Project X," which refers to GE Aviation's local expansion which spurred competition among at least 12 states in 2013.
March 17, 2015
Buncombe County commissioners will meet in a closed session Tuesday to discuss an undisclosed economic-development issue. Following the meeting, the commissioners will begin a retreat to talk about zoning and land issues, economic development and the county's 2016 budget.
March 16, 2015
Some community leaders are expressing reservations about a proposed 140-unit apartment complex in downtown Asheville. While the complex would help address a shortage of rental units downtown, opponents worry the market-based rents proposed by the developer will be unaffordable for many people who work there.
March 13, 2015
(The Elkin Tribune)
Raleigh-based Yadkin Bank named Robert Lippert director of information technology. Lippert was vice president of information technology for Winston-Salem-based Allegacy Federal Credit Union and previously served as director of retail systems for Mooresville-based Lowe's. He will be based in Elkin.
March 12, 2015
(The News Herald, Morganton)
Gov. Pat McCrory touted the state's "Carolina Comeback" in manufacturing at the ribbon cutting for PEDS Legwear's new $16 million sock-manufacturing plant in Hildebran. Formerly Richelieu Legwear, the Canada-based company last year invested $7 million in a failing sock company and plans to create more than 205 jobs by 2018.
March 11, 2015
A small Sylva brewing company founded in 2013 is involved in a trademark dispute with Kalamazoo, Mich.-based Bell's Brewery. Bell's filed a federal action against Innovation Brewing, which only brews about 500 barrels a year, saying its name and slogan "bottling innovation since 1985" could be confused with Bell's "inspired brewing" slogan.
March 10, 2015
All 16 counties in Western North Carolina have too few health care providers to meet the needs of the population, according to the Mountain Area Health Education Center. A 2015 survey revealed that only 3% of medical-school graduates said they planned to practice in rural areas.
March 10, 2015
Sierra Nevada will open its new restaurant and taproom Tuesday in Mills River. Adjacent to its Henderson County brewery, the restaurant will seat more than 400 people. Outdoor dining will be available later this year, along with a music hall and amphitheater.