Articles in regional publications that pertain to a wide range of North Carolina-related topics.
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for Business North Carolina Vol. 37 Issue 4, April 2017
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28469
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Aided by Facebook and a Taiwanese textile company, jobs and manufacturing are returning to Forest City, NC. The Rutherford County city is experiencing a growth in jobs as several major corporations are opening factories and Facebook has built a data center around Forest City. Previously known as a mill town, the companies were lured by the city’s desire to bring them there. The details of the new jobs and economic impact of them are detailed.
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28470
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In the debate over House Bill 2, opinions diverge on who is the intimidator. The author talks about why efforts to find a compromise broke down and how the value of freedom versus security played a role. For opponents of the “bathroom bill,” state lawmakers were bullies dictating to local officials what ordinances they could pass and which bathrooms transgender North Carolinians could use in government buildings. For supporters of HB2, out-of-state interests were the bullies who were using boycotts and other pressure to dictate what laws could be passed and what their bathroom policies could be.
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28471
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Life-sciences companies are using the smallest organism to improve North Carolina’s largest industry, agriculture. The magazine and the N.C. Biotechnology Center assembled a panel of experts who discuss where research on the microbiome stands, how it is being implemented, and what the results will be. Research could make it easier to cultivate crops in harsher conditions, making it easier to feed the world.
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28472
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Film industry spending in North Carolina has declined significantly over the last five years. The industry has suffered after the General Assembly gutted a more generous incentive program three years ago. While North Carolina’s film infrastructure is one of the best outside of California, film production companies are lured elsewhere because of better incentives. Unclear is how the 2016 House Bill 2 or “bathroom bill” has affected the state’s ability to attract films.
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28473
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The fast-growing residential solar market means more business for Sunlight Financial. The company was founded in 2014 to provide loans to homeowners installing solar-energy systems. Solar has a significant economic impact and Sunlight Financial helps deliver those benefits to private owners.
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28474
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Driver shortages, autonomous vehicles and home delivery are forcing Thomasville, NC’s Old Dominion Freight Line to stay nimble. The country’s 10th largest trucking company’s CEO discussed the challenges and opportunities facing the company in 2017. Younger drivers are not replacing older workers, autonomous technology in trucks will be coming soon, and online shopping has helped Old Dominion’s shares triple over the last five years.
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28475
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One companies desire to help military veterans own more of their own companies is detailed. The talent pool of military veterans is deep, and Bunker Labs is offering a program for veterans interested in being entrepreneurs. The nonprofit supported 48 businesses in North Carolina in 2016 and is looking to impact the unemployment rate among veterans through education and mentorship.
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28476
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The details behind the pending merger of ECU Physicians and Vidant Medical Group are discussed. The merger has been moving slowly and that has frustrated many. The complexities behind the deal and the benefits for East Carolina University’s Brody School of Medicine and Vidant are discussed.
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Record #:
28477
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Economic developers must work together when developing and recruiting companies to industrial sites. Industrial megasites offer tenants utilities, transportation, and nearby community colleges and universities whose graduates possess in-demand skills. Details of how various North Carolina counties are preparing megasites to attract industry and how the states resources make it well-positioned to do so are detailed.
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28478
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The environmental impact of hurricanes Matthew and Floyd are compared. Floyd cost more than 11.3 billion dollars in 2017 dollars, more than triple Matthew’s losses. Floyd destroyed $1.1 billion in crops, livestock, and farm buildings versus $544 million because of Matthew. While the losses from 2016’s Matthew were not as bad as 1999’s Floyd, problems still exist especially concerning the state’s hog industry, water and sewer systems, and poultry industry.
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28479
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The economic impact of hurricane Matthew is detailed. Increased monthly rainfall in September increased the impact of the hurricane in October. A map of the rainfall from 2016 is included showing stream flow, high water areas, and amount of rainfall in eastern North Carolina. Also detailed are figures of the economic impact from the hurricane and rainfall which included $1.5 billion in property damage and 28 deaths.
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Record #:
28480
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Princeville came back stronger after hurricane Floyd’s, but the devastation of hurricane Matthew is proving too much for many in the historic town. Many residents are struggling to rebuild and others have decided to sell their properties to the Federal Emergency Management Authority. The differences the hurricane has had on Tarboro and Princeville are also compared and contrasted.
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Record #:
28481
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Towns like Fair Bluff in Columbus County, NC were so badly damaged by Hurricane Matthew, their leaders wonder if it’s better to start over somewhere else. The impact the hurricane has had on businesses in Fair Bluff is detailed. The town was struggling before the storm and while business is slowly picking up, many business owners are considering not reopening and moving elsewhere.
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Record #:
28482
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After the second major flood brought on by a hurricane in 20 years, North Carolina farmers are attempting to come back once again. The story of how the Tyner family in Wilson County, NC are recovering highlights the struggles faced by many area farmers after the flooding from hurricane Matthew.
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28483
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Methodist University’s Jerry Hogge is fighting the struggling golf economy. Hogge is director of the PGA Golf Management program at Methodist University in Fayetteville, NC and is working to educate the sport’s leaders. The program prepares students for a career in the golf industry and every graduate from 1989 has landed a job in the field. Hogge’s work is detailed.
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