Articles in regional publications that pertain to a wide range of North Carolina-related topics.
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2028 results
for "Business North Carolina"
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44083
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For the past ten years, Japan has been North Carolina's largest direct foreign business partner. gov. Roy Cooper often points out that over $30,000 North Carolina residents work for Japanese countries. In 2023, pledged investment to create 3,396 jobs in North Carolina.
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44085
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"Slumping lithium prices and slowing EV demand forces tough decisions for industry powers." A dramatic drop in the price of lithium is causing two North Carolina companies to cut back. Noted are Belmont-based Piedmont Lithium and Charlotte based Albemarle.
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44086
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"A High Point company sees a winning strategy for high-speed internet service in less densely populated areas." High Point-based Lumos has a goal of surpassing fiber installation of 1 million homes by 2026.
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Business North Carolina
(NoCar HF 5001 B8x), Vol. 43 Issue 12, December 2023,
p12-13, il
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Record #:
44211
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"Military appeal, summer courses, state lawmakers' support and a popular restaurant signal a revitalized Fayetteville State University." Current Chancellor Darrell Allison inherited one of North Carolina's most challenging higher education jobs. Fayetteville State, UNC System's second oldest institution dating to 1767, ranked at the bottom in all major areas when Allison arrived in 2021.
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Business North Carolina
(NoCar HF 5001 B8x), Vol. 45 Issue 9, September 2024,
p12-13, il
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Record #:
44269
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Boom Supersonic's new factory in Greensboro will employ about 1,700 workers and build 33 planes a year. Economists are predicting a $32.3 billion impact over the next 20 years and the addition of 2'400 jobs
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Business North Carolina
(NoCar HF 5001 B8x), Vol. 45 Issue 8, August 2024,
p12-13, il
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Record #:
44270
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"Shane O'Kelly aims to turn around Raleigh's Advance Auto. Here's how." O'Kelly was put in charge of Advance Auto in September 2023 with a mandate to turn the company around. The company's stock has declined more than 70% since 2022.
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Business North Carolina
(NoCar HF 5001 B8x), Vol. 45 Issue 8, August 2024,
p64-67
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Record #:
44271
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"The world's most popular sport is an economic force in Cary." With the current surging interest in soccer, Cary is looking to enhance its status as a soccer destination to boost economic development. Cary's soccer park opened in 2002 with seating for 7,000.
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Business North Carolina
(NoCar HF 5001 B8x), Vol. 45 Issue 8, August 2024,
p68-69
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Record #:
44278
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"A simple 'make booze' text led to a thriving eastern North Carolina distillery." Weldon Mills Distillery with retail locations in Weldon and Durham is currently generating more than $4 million in annual revenue. Next year its bourbon capacity will climb to 160,000 gallons a year and the company is planning to add a mass production facility for producing 3 million gallons of bourbon annually. the company was founded in 2018 and at present has 35 employees. The owners are Bruce Tyler and Michael Hinderliter.
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Business North Carolina
(NoCar HF 5001 B8x), Vol. 44 Issue 12, December 2024,
p36-37, il, por
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Record #:
44320
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"A family owned greenhouse in Stokes County marks 45 years of growing poinsettias." North Carolina is ranked only second to California in the number of poinsettias grown annually. Mitchell's Nursery & Greenhouse in King in Stokes County. The business began in 1979 and has since expanded to 13 greenhouses.
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Business North Carolina
(NoCar HF 5001 B8x), Vol. 44 Issue 12, December 2024,
p10-11, por
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Record #:
44351
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"Justifying eye-popping increases in homeowner insurance rates splits the industry and its regulator." North Carolina Insurers are requesting an increase of 42% on current rates approved by the state Department of Insurance. This is their first filing since 2020. The period between then and now has been painful due to significant storm as well as significant material costs associated with construction. Insurance commissioner mike Causey contends, however, that the average rate increase should be no higher than 3%.
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Business North Carolina
(NoCar HF 5001 B8x), Vol. 45 Issue 1, January 2025,
p12-13, il, por
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Record #:
44352
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The author notes former State Treasurer Dale Folwell as one of North Carolina's most interesting politicians over much of the past decade. Shrewd and ambitious like his most recent predecessors, Folwell hoped parley management of state worker pensions and health plan into a successful bid for governor. Instead, he failed to break the hospital artel and his distrust of PE funds and alternative investment vehicles caused the pension system to underperform.
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Record #:
44353
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"Mostly rural Stanly County is only a hop, skip and jump from the state's most -populous city. It's investing in a future that supports growing businesses and expanding population, while protecting its natural and cultural wonders." Stanly County Director of Economic Development cites regionalism for making Stanly county attractive to businesses. The county is updating its Comprehensive Land Use Plan to balance the interests of industry and agriculture..
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Business North Carolina
(NoCar HF 5001 B8x), Vol. 45 Issue 1, January 2025,
p91-98, il
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44354
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"Despite Toyota's record investment, Randolph county slides in the state economic rankings." Commerce officials attribute the slide relative to other counties to decline by 11 positions in per capita tax base and 14 position decline in median household income.
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Business North Carolina
(NoCar HF 5001 B8x), Vol. 45 Issue 1, January 2025,
p100, il
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Record #:
44372
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"A Rocky Mount entrepreneur is transitioning career and life lessons into an impactful produce operation." Will Kornegay, 38 runs Ripe Revival which supplies vegetables and fruit to supermarkets. the business combines for profit and philanthropic efforts like providing produce to area food banks. In September 2024, the business received a $1.9 million grant from the North Carolina Department of Agriculture and Consumer Affairs for purchase of a facility in Nash County.
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Business North Carolina
(NoCar HF 5001 B8x), Vol. 45 Issue 2, February 2025,
p6-7
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Record #:
44373
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"Edgecombe and Nash Counties have welcomed high-dollar business investments. Those and the preparations they're making to bring more strengthen the region as a whole." Natron Energy has chosen Edgecombe County's Kingsboro Business Park megasite, where it will build its first U.S. factory and create more than 1,000 jobs. Canadian manufacturer Crump Group will be investing $13.2 million in a manufacturing and distribution center in Nashville.
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Business North Carolina
(NoCar HF 5001 B8x), Vol. 45 Issue 2, February 2025,
p57-60, il
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