Vol. 34 No. 7, July - July 2014
Index
- Corrections.
- What's the score? Stats don't lie--paying for play isn't always a winner.
- Pro-choice: two decades of empirical research has shown that education reform will be the real winner if schools are allowed to compete for students.
- The bull by the horns: when knocked down, Jerome Davis helped other Tar Heel cowboys mount up.
- A long way back.
- Billionaires ask for change at Family Dollar.
- Vital signs.
- Docs on the block: seeing a physician could get more costly as more sell their practices to health-care systems.
- Bolivia--East Carolina University will open a community dental clinic here by summer 2015.
- New Bern--Maola Milk & Ice Cream will close its local milk-processing Plant, idling 98 workers by July 27.
- Pipe dreams.
- Raeford--Tyton BioEnergy Systems bought the former Clean Burn Fuels refinery for an undisclosed amount and will produce ethanol from regionally grown tobacco.
- Senator ran out of advice.
- Tarboro--Keihin Carolina System Technology will invest $12 million to expand its plant here, adding 40 workers to its existing 334.
- Wilmington--Burns & Wilcox will open an office here, its third in the state.
- Here's the drill on fracking.
- Raleigh--Fort Worth, Texas-based Trademark Property will spend $90 million to build Carolina Row at Crabtree Valley, a mixed-use development with 700 residential units, a hotel and up to 150,000 square feet of retail space.
- Raleigh--WakeMed Health & Hospitals named retired Rear Adm. Donald Gintzig president and CEO.
- Sanford--GKN Driveline will invest more than $18 million at its plants here and in Mebane.
- Chapel Hill-Rho will add 25 jobs at its headquarters here and expects to hire more workers by year-end.
- Durham--Cisco Systems is adding 550 jobs at its Research Triangle Park campus over the next four years and will receive up to $12.9 million in state incentives over 12 years.
- Durham--Quintiles will acquire Houston-based Encore Health Resources, which helps companies compile and use electronic medical records, for an undisclosed amount.
- Raleigh--David Zaas became president of 186-bed Duke Raleigh Hospital July 1.
- Four Seasons' midlife crisis.
- Asheboro--Teleflex will lay off most of the 635 employees at its local Arrow International medical-devices plant by 2017 as it moves production to Mexico.
- High Point--Steelcase will close its plant here by February 2016 and let go all 264 workers.
- Mocksville--House of Raeford Farms will reopen a 64,000-square-foot plant formerly owned by Siler City-based Omtron USA, which closed it in 2011, putting 476 people out of work.
- Tobaccoville--Reynolds American will hire 200 workers over four years to make its VUSE electronic cigarettes at its 2 million-square-foot plant here.
- Winston-Salem--A partnership of Philadelphia-based PMC Property Group and San Francisco-based Kimpton Hotel & Restaurant Group paid $7.8 million for the 22-story Reynolds Building.
- Mass Mutual's Babson finds a perch downtown.
- Charlotte--H. Lundbeck will acquire drug developer Chelsea Therapeutics in a deal worth up to $658 million.
- Charlotte--Menlo Park, Calif. based private-equity firm GI Partners agreed to acquire Peak 10 from Welsh, Carson, Anderson & Stowe, a New York-based private-equity firm, for an undisclosed amount.
- Charlotte--NuScale Power, which develops power systems for nuclear reactors, will open an operations and engineering center that will employ 70 people.
- Charlotte--The power-generation subsidiary of Babcock & Wilcox, which provides engineering, manufacturing and construction services to energy companies, agreed to buy De Pere, Wis.-based MEGTEC for $155 million.
- Asheville--Moogfest 2014 lost more than $1.5 million during its five-day run in April.
- Asheville--New Belgium Brewing broke ground on its 133,000-square-foot brewery here May 1.
- Asheville--The Western North Carolina Alliance will merge with Hendersonville-based Environmental & Conservation Organization and Highlands-based Jackson-Macon Conservation Alliance to consolidate fundraising and advocacy for environmental protection.
- Morganton--Heritage Home Group will close its Drexel Heritage plant here by July 31, idling all 87 workers.
- Where solar reigns.
- North Carolina board of Science & Technology: Department of Commerce, State of North Carolina.
- Johnston County grows a new crop of industries: workforce and low costs bring pharmaceutical and life-science companies.
- At N.C. A&T, commercialization and collaboration have become common: research leads to new technology and new partners.
- Powerful partnerships, practical solutions: NC State developing national reputation for taking on global challenges.
- RTI International developing science-based solutions to global health challenges: innovations will help individuals and communities lead better lives.
- Research at UNC-Chapel Hill fuels North Carolina's innovation economy: research activity at Carolina ranks 11th in the nation.
- Power and energy is an EPIC effort at UNC Charlotte: students, faculty and industry combine to create a sustainable future.
- Wake Forest innovations accelerates pace of turning discoveries into lifesavers: entrepreneurs and scientists work together at its Winston-Salem campus.
- Catching a break.
- The Carolina way: the well-heeled need not be Tar Heels to attract attention of UNC fundraisers.
- Nature gets nurtured: an herbal-supplement company in Brevard strives to make mother nature's best better.