Articles in regional publications that pertain to a wide range of North Carolina-related topics.
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for "Macmillan, Mike"
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Abstract:
CEO Greg Lowe arrived at Cree in September 2017. Founded in 1987 by a group of N.C. State University engineers, Cree grew to become a global leader in materials to fabricate microchips and other electrical components.
Abstract:
Statistics indicate about a quarter of new restaurants fail within the first five years of operation. There is, however, a determined group of entrepreneurs , that feel they can see their way through even during a Pandemic. Stories for the following establishments are discussed: Plum Southern Kitchen & Bar in Durham; Vana in Charlotte and Asheville Proper in Asheville
Abstract:
In January 2021, Kane Realty announced a 33-acre project in Raleigh's North Hills intended to compete with Durham and Research Triangle Park for leases in the growing life sciences market. The venture places Kane at the center of one of the fastest growing segments of the commercial real estate market.
Abstract:
"A Durham Biotech veteran gets another chance with $120 million from some notable backers." Tune Therapeutics, based in Durham and Seattle is developing transformative tools related to gene-based disease treatment. Matt Kane is CEO.
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"The Roxboro coal-fired plant has been a key power generator since 1966. It's slated to close within a decade, forcing the utility to seek new energy sources." varied are opinions on renewable energy sources like natural gas. Stephen Arbogast with UNC's Kenan-Flagler Energy Center that renewables at present stage are just not capable of carrying the load entirely on their own.
Abstract:
Raleigh-based general contractor Cooper Tacia was founded in 2003. Last year, its portfolio revenues hit about $100 million. John Cooper and John Tacia began their introduction into the business world came during Hurricane Fran in 1996 as they volunteered cleaning yards in exchange for the right to sell wood they collected.
Abstract:
"Momentum is building for a nuclear energy revival as power demand and climate concerns soar. Can the industry overcome its long-term pitfalls?" On the question of environmental impact, practically any energy of scale will require tradeoffs.
Abstract:
"First Citizens' bold conquest raised the stakes and profile of the family controlled bank." First Citizens acquired Silicon Valley Bank last spring. It was the second time it had essentially doubled its size in the past three years. Raleigh based First Citizens was created in 1898 in Smithfield in Johnston County. It took its current name in 1929. The institution is at present the largest family owned bank in the United States. It has made a habit of buying distressed banks since the real estate depression 15 years ago that caused hundreds of banks to fail. Frank Holding Jr. is CEO.
Abstract:
"A 4 year-old N.C. digital news business looks for path to sustainability." An all-digital magazine, "The Assembly" launched in 2021, based in Durham with news bureaus in Wilmington and Greensboro. Kyle Villemain, 32 is founder and editor-in-chief.
Abstract:
"Dialing back federal funding strikes the Triangle's acclaimed research complex." As expected, the wrecking ball advanced by the U.S. Department of Government Efficiency (DOGE) has posed challenging times for federally funded nonprofits and research organizations in the Triangle region. Economic historian Peter Colcanis says there are legitimate difference of opinion on things like indirect costs but contends the Trump administration's approacj appear misguided. There's still a lot of uncertainty as to who's spending or not spending what.
Abstract:
Data centers are mushrooming, boosting economic prospects while raising concern over N.C. energy policies." As a result of the growth, Duke Energy projects energy demand in North Carolina will grow eight times faster over the next 15 years than in the previous 15.