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2021 results for "Business North Carolina"
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Record #:
22056
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A number of North Carolina products are sought after by other nations, making exports an important of the state's agribusiness. Tobacco continues as the state's to export at $558 million. In 2012, soybeans brought in $426 million, and wood products rank right behind them.
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22068
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In 1984 Italian movie producer Dino De Laurentiis arrived in Wilmington to build a studio. Since then over 350 films, television shows, and commercials have been shot there. The industry also has moved to other parts of the state, like Charlotte, Asheville, and the Appalachians. Last year, producers spent around $254 million in the state which created 4,000 jobs and 25,000 part-time and temporary ones. Financial incentives from the state have helped keep this industry working in the state. However, unless the incentives are renewed in June by the Republican-controlled NC General Assembly, they will expire at the end of 2014. What happens then to the film industry is uncertain.
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22069
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Historic-preservation income-tax credit from the federal government in 1976 and one from the state in 1998 have helped to renovate historic buildings and bring new life to dying down-towns. In the past thirty years these credits have helped finance 1,324 projects that have generated an estimated $1.4 billion in economic output. However, a 2013 overhaul of the tax code by the Republican-controlled NC General Assembly will end the state credit program at the end of 2014. Tax credits for commercial, residential, and mill buildings will be eliminated unless renewed. At present there are no plans to revisit tax reform during the short session.
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22070
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Venture capital is slow coming into North Carolina. However, Money Tree Report, a summary of national fourth quarter venture capital investment, indicated NC businesses received $110 million in 2013. One business, biotechnology, received over $70 million of the amount. The article includes a listing of the top biotechnology employers in NC. IMB Corp is first with Time Warner Cable second. It also includes a chart showing what companies received what amounts of the $70 million.
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22071
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Martin examines the $600 million data center built by Google in Lenoir in 2007.
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22114
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Campbell provides a profile of Thad Woodard. In 1978 Woodard became president of North Carolina Savings and Loan League, Inc., which later merged with the North Carolina Bankers Association. He is the longtime president and CEO of the group. On January 1, 2015 he will retire after thirty-seven years as the lead lobbyist for the state's financial institutions.
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22115
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Renewable energy sources are important to the state's energy industry. Business North Carolina recently gathered a panel of experts to discuss questions such as the following: How large a role will renewables play in the state's future? How will the industry develop the technologies and labor to operate them? How much support will come from state government?
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22116
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Business North Carolina presents its annual report on the state's top one hundred banks and credit unions. Bank of America BB&T, and First Citizens BancShares retained their first, second, and third rankings from 2013. State Employees' Credit Union ranked fourth.
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22129
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Minor league baseball is back in downtown Charlotte with a brand new $54 million stadium. The Charlotte Knights, a Chicago White Sox Triple-A affiliate, opened their 2014 season in their 10,200 seat stadium. The Knights passed their last year's total attendance before their first game by selling 5,000 season tickets, which guarantees a draw of 350,000.
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22294
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Campbell reviews the life and work of developer Homer Wright. Wright, now 89, built the top-selling NC coastal community--St. James in Brunswick County. He and his partners bought the original 2,500-acre tract in 1983. St. James now has about 4,600 property owners. St. James has four golf courses, a beach club, amphitheater, and marina. It was incorporated into a town in 1999.
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22295
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The state's top 75 public companies are ranked by their June, 2014, market value. Bank of America retained its 2013 position, followed by Duke Energy and Lowe's in second and third places respectively. Ten companies dropped off the new rankings--an action which brought ten newcomers aboard.
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22301
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Architects have cited the Reynolds Building, which opened in 1929 as the tobacco company's headquarters, as \"one of the best examples of art deco skyscraper design. \" Developers will spend $50 million turning the 22-story building into 120 apartments on the upper floors and a 211-room hotel on the lower ones. The building will reopen in 2016.
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22302
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Chris Matteo quit his job managing money in Chapel Hill to become an oyster farmer on Chadwick Creek near Bayboro on the Pamlico Sound. He started planning the venture in 2010 when he and his wife Kelly purchased a 110-acre farm in Pamlico County. In 2013 he quit his job and began seeding oysters. His company does business under the name Chadwick Creek Oysters. Martin reports on his progress.
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22564
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This article discusses how North Carolina Hospitals create huge partnerships. The author discusses how these large hospital partnerships impact local communities, in terms of hospital consolidation and the impact to small-town economies.
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22565
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This article lists the best hospitals in North Carolina by outright best hospitals, patient picks, cutting-edge hospitals, and top-performing hospitals
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