July 2016
ALSO IN THIS ISSUE
Up front: Dream team
Business North Carolina magazine receives some kudos, a credit to a savvy group.
Town square: Right-sized retreat
More western North Carolina newcomers are opting for Hendersonville over its more famous neighbor, Asheville. One reason is the city’s welcoming downtown.
Point taken: Glazed and confused
As Krispy Kreme prepares to go private, just how much are those oh-so-tempting doughnuts worth?
NC trend: Summer lovin’
Our summer round up; from park attendance to Duck doughnuts we look at what makes North Carolina special.
NC trend: Painting the towns
Drinking while drawing sparks robust gains for Wine and Design, a Raleigh firm.
NC trend: Rural RX
Campbell University is North Carolina’s first new medical school in 40 years and is training doctors who may serve smaller communities.
NC trend: Ready, set, stop
Raleigh hits the gas on Tesla Motors, but Charlotte dealers say not so fast.
Triangle: Sowing seeds
AgTech Accelerator, established in May and headquartered in Research Triangle Park, is focused on developing life-sciences companies that can help spur advances in crop and livestock production.
Triad: Triple threat
Randolph Hospital in Asheboro sealed a 10-year management agreement with Greensboro-based Cone Health.
Charlotte: Online guaranty
Keith Luedeman recently sold his online lending business Goodmortgage.com to First Guaranty Mortgage.
East: (Good) night on the town
James Goodnight, son of the richest man in North Carolina, is buying a bunch of Wilmington real estate with an eye toward helping make the city more attractive to businesses.
West: Coffee buzz
Americans’ latte love affair has helped fuel a comeback for Evergreen Packaging in Canton, western North Carolina’s largest paper mill.
Life’s a pitch
Nursing-home mogul Don Beaver waited a decade and a half for a center-city Charlotte ballpark. The payoff for his persistence: one of the nation’s most successful minor league baseball franchises.
Labor gains
While politics may change the story, North Carolina has a red-hot reputation, with many global and domestic companies viewing the state as a great location for expansions.
Fund times
The new Dimensional Fund Advisors’ office in Charlotte is certain to raise the city’s financial IQ.
Biotech boon
Danish drugmaker Novo Nordisk said last August it plans to invest $1.85 billion in the Johnston County plant, where it will make ingredients for diabetes products.
Swiss bliss
Switzerland’s GF Automotive and Canada’s Linamar Corp. formed GF Linamar LLC and picked Henderson County as the site of its first manufacturing plant.
Pump it up
Millions of people literally touch their products weekly, but one of the lesser-known success stories in North Carolina manufacturing may be Greensboro-based Gilbarco Veeder-Root.
Craven haven
Demand for high-end appliances is fueling economic growth in Craven County, with BSH Home Appliances announcing in December an $80.7 million expansion of its local operations that will add 460 jobs over five years.
Weaving history
Sticking to Burke County amid the textile industry’s flight overseas, Valdese Weavers is sharing its wealth with the company’s 950 employees.