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New Dewey’s Bakery CEO plotting national growth

Mike Senackerib said Dewey’s hopes to triple the 8,000 or so retail outlets carrying its cookies in the next few years. The small bakery started in Winston-Salem 91 years ago and became renowned for its Moravian baked goods, especially its Moravian cookie thins. In 2017, Dewey’s began large-scale distribution to supermarkets nationwide.

High Point U, city in tiff over delayed project

High Point University President Nido Qubein blasted the city after it delayed an infrastructure project near campus because construction bids came in so high. He said HPU will likely steer campus visitors away from a part of Montlieu Avenue because the road needs major improvements. “Visitors to the university are shocked that the city doesn’t care about the university’s main road to Main Street,” he said. High Point City Manager Logan Ford said he’s working on a solution to the problem.

RDU ranks high for customer satisfaction

Raleigh-Durham Airport ranked as the third best large airport in North America in JD Power’s latest Airport Satisfaction Study. With an overall customer satisfaction score of 841, RDU trailed Louis Armstrong New Orleans International Airport at 844 and Tampa International Airport at 843. In the mega airport category, For mega airports, Charlotte Douglas International Airport ranked 11th, with a satisfaction score of 796, two points below the segment average of 798.

UNC, ECU reach settlement with feds

Officials said the universities made erroneous claims to receive grant money for five years by falsely approving and boosting volunteer hours for members of AmeriCorps, a federal agency for community service and volunteerism. To resolve the claims, UNC-CH agreed to pay $375,000 and ECU agreed to pay $140,000 to the U.S. government.

Pinehurst Resort to acquire Magnolia Inn

Pinehurst Resort announced a deal to buy The Magnolia Inn, further increasing the resort’s footprint in the village. The deal also includes the Magnolia’s restaurant, Villaggio Ristorante & Bar. The Magnolia opened in 1896 and is Pinehurst’s second-oldest hotel behind the Holly Inn. Financial terms were not disclosed.

75,000 jobs in N.C.’s job pipeline

According to the Economic Development Partnership of North Carolina, there are 74,900 jobs spread between 236 active recruitment and expansion projects. If the state were to win them all, it would mean $97.8 billion in potential new capital investment. The Triangle is among the most popular areas for new projects, particularly among the life sciences space. 

King Street Properties nabs 75 acres in Morrisville

Boston-based King Street Properties purchased 74.8 acres in Morrisville last week for $9.46 million and unveiled plans which could include 1 million square feet of life science space when all is said and done. Site plans and a timeline are still being finalized for the project, which is located off McCrimmon Parkway. The property is part of a large district recently rezoned for residential and commercial uses. 

375 Novant employees face firing for not getting vaccinated

After unveiling its mandatory vaccination policy on July 22, Novant Health Inc. reported Tuesday 1.4% of its workforce, or 375 employees, face termination for noncompliance. The policy went into effect on Sept. 15 and required employees get the first dose of Moderna or Pfizer vaccine or the single-dose Johnson & Johnson vaccine. The 375 employees are currently not working, according to the company, and all other nonexempt employees have until Oct. 15 to get their second shot.

Triangle homes fly off the market

A recent RE/MAX study found the Raleigh-Durham housing market ranked first in the nation for its decline in the average number of days a property is on the market before going under contract. As of August, properties spent an average of 16 days on the market, down 63.6% year-over-year. The report also found the area has among the fewest properties available for sale. 

Why Abzena Life Sciences’ 325 job project came to N.C.

Earlier this year Abzena Life Sciences, a life sciences group based in Britain but with a U.S. subsidiary in San Diego, chose Sanford for a $25 million project after months of negotiations, new documents from the North Carolina Department of Commerce show. The company also eyed Tulsa, Okla. and other larger cities for its manufacturing plant, but ultimately landed on North Carolina thanks to the availability of a perfect facility for their needs and area’s life science manufacturing community. 

Nucor plans $2.7B Midwest steel mill

 

Charlotte steel company Nucor plans a 3 million-ton sheet mill in Ohio, Pennsylvania or West Virginia.  It will serve customers in the Midwest and Northeast markets and have a significantly lower carbon footprint than nearby competitors, the company said. The plant will target the automotive industry and should start production in 2024.

Spectrum snags 3 tenants for Charlotte tower

The Spectrum Cos. said its Vantage South End project has new leases with Hayward Holdings, Winstead PC and NorthMarq for the project’s west tower. That 326,800-square-foot tower, which is one of two on the site, is now 93% leased. The $300 million Vantage South End project is being developed by Charlotte-based Spectrum and Invesco of Atlanta. Hayward is a public company moving its headquarters from Berkeley Heights, N.J.

ABC Commission chair resigns

Zander Guy, chair of the N.C. ABC Commission, resigned on Friday amid ongoing supply issues affecting liquor stores across the state. ABC Boards have complained about reduced weekly shipments following a new contract between the state and vendor LB&B Associates, which required a new electronic inventory and ordering system. The shortage has also been felt at bars and restaurants.

New Hanover offers $120K in incentives for 104 new tech jobs

An unnamed software development firm in Wilmington is receiving $120,000 in incentives from New Hanover County to double its workforce after a vote by the county board Monday. The firm plans to create at least 104 jobs that have an average salary of $80,000. The company is remaining confidential “for reasons related to incentive agreements with the state,” according to Scott Satterfield, CEO of Wilmington Business Development. 

Industrial park may take Orange site planned for Buc-ee’s

A new zoning compliance application has been submitted in Orange County for a 100-acre piece of land that was previously expected to house a Buc-ee’s travel center as part of Efland Station. Construction plans for the Buc-ee’s were submitted last year but were withdrawn after the move was met with community opposition and hesitancy by county commissioners. Now, an application submitted by Raleigh-based engineering firm Kimley-Horn is proposing a 900,000-square-foot industrial park. 

N.C. hits record for business creation

A whopping 129,000 businesses have been filed with the Secretary of State’s office so far this year, with four more months left. The record was previously 127,000 in 2020, a 27% increase over 2019. Of the businesses launched this year, only 12% reported the move was due to job losses throughout the pandemic. Instead, the majority of those surveyed said they were looking to capitalize on opportunity. 

Nearly 1,200 Afghan refugees headed to N.C.

An estimated 1,169 Afghan refugees will be settling in Charlotte, Raleigh, Asheville, Durham, Greensboro and New Bern in the next several weeks following the country’s fall to the Taliban last month. The state is taking in the ninth-most number of refugees among the 46 states receiving people. The state has received more than 20,000 refugees over the past 10 years. 

Historic Charlotte school could go up for sale

The Morgan School, which has historically taught Black children in Charlotte’s Cherry neighborhood, might be for sale soon after the Charlotte-Mecklenburg school board voted Tuesday to allow the district to sell the building. The Cherry community has long been fighting for rights to use the building, which has been vacant for 5 years. Previously, the school district had the option of leasing the building, but this latest vote gives the option for the sale of it. 

Kane eyes taller North Hills buildings

Raleigh-based Kane Realty plans to ask the city of Raleigh for a rezoning to allow for buildings with 30 to 40 stories in the North Hills area, where it is a dominant developer. Greater density is needed because of Raleigh’s rapid population growth and demand for housing and retail in north Raleigh, according to Kane.


 

Edgecombe board plans new parks department

The Edgecombe County Board of Commissioners approved a 10-year, comprehensive plan for the county that includes the creation of a parks and recreation department. But their approval doesn’t mean the plan will come to fruition. A new department would likely require more revenue to cover the expenses, which could mean a tax increase.

Cumberland wants new arts center, study shows

A $125,000 study shows Cumberland County residents want a new performing arts center, according to a consulting firm. One may be coming after many years of discussion. Conventions, Sports and Leisure, which conducted the study, recommended Cumberland County build a $75 million, 89,000-square-foot multipurpose facility that could seat 2,075 people. 

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