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October 2011

Regional Report Triangle October 2011

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DURHAMMetabolon, which tests medicines and other products for drug companies and universities, raised $13.1 million in venture capital. It plans to expand its business and add 20 employees to its 105-person workforce by the end of this year.


Regional Report Western October 2011

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By any measure, Wilkes Hardware Co. doesn’t stack up to its one-time crosstown rival.

Regional Report Triad October 2011

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In September, Gov. Beverly Perdue announced that completion of the Greensboro Urban Loop will be accelerated with Grant Anticipation Revenue Vehicle (GARVEE) bonds, which borrow against future federal support to pay for present projects.

The Wachovia Way

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As one of Tar Heel business’s most famous brands fades away, one of the CEOs who gave it luster recalls what made it shine.

Taken to the extreme

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It appears I have become an extremist. I know this because other people have declared it to be so.

Supply-side economics

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Around midnight, the spring sky spawned a twister that tore through Belmont, a small town just across the Catawba River from Charlotte. It ripped an 82,000-square-foot warehouse in half, strewing structural steel and sheets of siding like shrapnel and soaking the ruins in rain.


Regional Report Eastern October 2011

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Open Grounds Farm Inc. (cover story, September) took a direct hit from Hurricane Irene, though preparation and timing were on the side of the largest farm in the eastern U.S.

Regional Report Charlotte October 2011

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LINCOLNTONLincolnton Furniture will begin production at a 311,000-square-foot factory here by year-end. CEO Bruce Cochrane says the plant will employ 130 by 2013.

NC 100 2011

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Participation in the annual ranking of private companies is voluntary and has been since the list started in 1984.

Figuratively

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Numbers have special power, not the least their ability to measure more precisely than words.

Dread it when credit is due

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The start of another major election year is three months away. Unfortunately for the country, and for some of the candidates, a summer that began with a bit of economic hope ended with a lot of pessimism. Politicians have had to face up to a cold, hard reality: The sour economy isn’t likely to be much sweeter come campaign season.

30 that count

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The host of public television’s Carolina Business Review selects the key figures influencing the Tar Heel economy.

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