Business

  • Ten stores across NC hit with fines for price scanning errors

    Wed, Jan 08, 2020

    Fines were recently levied against stores in Chowan, Columbus, Franklin, Gaston, Granville, Hertford, Mecklenburg, Pasquotank and Vance counties because of excessive price-scanner errors, the N.C. Department of Agriculture and Consumer Services’ Standards Division says.

  • Four in five U.S. small business owners anticipate strong finish to 2019

    Fri, Dec 06, 2019

    U.S. small business owners are entering the new decade on a high note, with 82 percent anticipating year-over-year revenue growth as they close out 2019, according to Charlotte, NC-based Bank of America’s “Small Business Owner Snapshot.”

  • Caldwell, Onslow, Pitt, Wilkes counties join "Most Economically Distressed" ranks

    Thu, Nov 28, 2019

    The North Carolina Department of Commerce released new county tier designations for 2020 on Wednesday.

    The designations, which are mandated by state law, play a role in several programs that assist in economic development.

    Eight counties will change tier designations for 2020.

  • County Commissioners visit IMG

    Wed, Jul 17, 2019

    Alexander County Commissioners, in conjunction with the Economic Development Corporation, continued their 2019 industry tours with a recent visit to International Materials Group (IMG).

  • Lowe's plans tech center expansion in Charlotte

    Fri, Jun 28, 2019

    Mooresville-based home improvement company Lowe’s will locate a major new technology center in Charlotte, creating more than 1,600 jobs, company officials said. Set to open in late 2021, the 357,000-square-foot facility will be located in a new 23-story tower.

  • Air filter manufacturer to add 300 new jobs in Wilson County

    Sat, Jun 22, 2019

    Air filtration manufacturing company Pamlico Air plans to expands its operations in Wilson County, creating 305 new jobs along the way.

  • Duke Energy proposes slight rate decrease for NC customers

    Wed, Jun 12, 2019

    Duke Energy Progress made its yearly filing with the North Carolina Utilities Commission for costs associated with fuel and various government mandates, such as renewable energy output.

  • Tanger Outlets president stepping down

    Wed, Jun 12, 2019

    Greensboro-based Tanger Factory Outlets said that President/COO Thomas McDonough plans to retire at the end of 2019.

    Tanger Factory Outlet Centers operates and owns 40 outlet shopping centers, including two North Carolina locations in Mebane and Blowing Rock.

  • BB&T makes $17M pledge to Triad non-profits

    Tue, Jun 11, 2019

    Winston-Salem-based BB&T has pledged $17.4 million in philanthropic giving for Winston-Salem and the Piedmont Triad between 2019 - 2021, saying that will double its annual investment made to the region in the prior three-year period.

  • Beaufort Hotel joins Choice Hotel network

    Tue, Jun 11, 2019

    The Beaufort Hotel has been added to the Choice Hotel network as part of their Ascend Collection of “unique, boutique, and historic hotels and resorts” which the chain says must “reflect their surrounding community.”

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