Posts tagged “Economic development”

7:33 a.m. yesterday

Premium Lock Vance-Granville CC lands $31M Siemens software grant

Computer coding In what's called the largest grant ever made to the college, Vance-Granville Community College has received a $31 million software grant from Siemens PLM Software.

6:46 a.m. yesterday

Foxconn in NC? Scuttlebutt grows about 8,600 job project; Michigan after it, too

Initial wire service reports last Thursday out of Taiwan did not include North Carolina on a list of states under consideration for a huge $10 billion plant investment by Foxconn, a builder of iPhones and other tech products. But a later report did - and now Raleigh is buzzing about the project. Other states want it, too, including Michigan whose governor wants a big incentive package ready to offer the China-based tech giant.

Foxconn plant in China Foxconn plant in China

June 23

Premium Lock Joe Magno: Inside the changing work environment for engineers

Joe Magno The number of engineering students graduating from North Carolina's universities is continuing to grow and the work environment that those engineers will enter continues to change and evolve. Joe Magno of NC COIN takes a look at the report.

June 23

Mike Walden: Can pro sports spur economic development?

Mike Walden A pro sports team and its complementary playing facility is not necessarily a "home run", "slam dunk", "touchdown" or "shot-on-goal" for economic development. When public money is involved several hard questions must be considered and addressed, and lessons should be learned from the experiences of other cities and regions.

Updated June 23

Tesla update: NC dealership bill pulled for now; new plant in China?

Tesla Legislation that would have opened the door to a half-dozen Tesla dealerships in North Carolina has been put on hold. Meanwhile, Tesla says it is considering building a plant in China.

Updated June 22

Premium Lock Inside Oracle: Earnings show growing benefits of NetSuite (Bronto's parent) acquisition (+ video)

Analysis: New reporting offers greater insight into the individual performance of Oracle's SaaS and PaaS businesses as cloud confidence grows, says Technology Business Research Analyst Meaghan McGrath. And NetSuite, which has a presence in Durham, is giving its new owners a boost.

June 22

Venture Asheville lands NC IDEA Ecosystem grant (+ video)

Venture Asheville, a program that helps startup CEOs with mentoring services, is the latest recipient of a grant from NC IDEA.

June 22

Premium Lock Advanced prototyping facility set for takeoff at First Flight Venture Center

Hangar6, a facility for advanced and rapid prototyping, will launch in September at the First Flight Venture Center in RTP.

Insider Hangar6 Insider Hangar6

June 22

North Carolina not on list for Foxconn $7B tech plants in US

Foxconn, the manufacturer that assembles smartphones for Apple and electronic devices for other firms, expects to announce plans soon for $7 billion in investments to build plants in the U.S. But North Carolina isn't on an early list of possible sites.

A Foxconn facility A Foxconn facility

June 21

Premium Lock Exclusive: Refreshed board, new leadership to reshape CED's strategy to boost entrepreneurs

With a new CEO and an executive board reshaped and refreshed by 21 new members, the new chair of the CED's leadership is planning to "refine the organization's strategy and approach." Why? Because opportunities and challenges for entrepreneurs "have changed quite a bit over the last 10 years."

Stephen Fraser Stephen Fraser

June 20

Laura Baverman: CloudFactory a growing case study in doing good, making money

With 2,500 workers in the developing world, venture capital funding and a growing base of customers, this Durham startup is proving it can make money and do good.

Updated June 20

Trump asks tech CEOs for help in modernizing government

The White House Apple CEO Tim Cook and Eric Schmidt, executive chairman of Google parent company Alphabet, were among those attending an afternoon of working groups on issues like technology infrastructure, cybersecurity and visas for foreign workers.

June 19

Duke Energy picks Alamance, Chatham, Cumberland, Franklin, Johnston sites for economic development program

Duke Energy Sites in Alamance, Chatham, Cumberland, Franklin and Johnston counties are among six as selected for Duke Energy's economic development program known as "Site readiness."

June 19

Premium Lock Nonpartisan biz group: 'Upgrading American government - it's not rocket science'

Innovation DisruptDC, a new nonpartisan business group, calls on Washington to make changes in government in order to develop a more prosperous economy. The group publishes a letter to government leaders on the day the White House is hosting technology CEOs to discuss modernization and innovation.

Updated June 19

Premium Lock Apprenticeships a 'triple bottom line' for employers

Former senior Lenovo and IBM executive Tom Looney is driving apprenticeship programs at Wake Tech, hoping to provide more opportunities for the community college's students as well as workers to be hired by Triangle employers needing skilled talent.

Wake tech's interns at Lenovo Wake tech's interns at Lenovo

Updated June 16

Healthcare solutions group relocates headquarters to Rocky Mount Mills development

Envolve Vision, a part of healthcare solutions company Envolve, is relocating its headquarters to the Rocky Mount Mills development in Rocky Mount.

June 16

Smaller stores and virtual reality: Is this the future of Ikea?

IKEA "We understand that the world is changing and customer expectations are changing and we want to continue being relevant," says Michael Valdsgaard, the head of digital transformation at Ikea. "We're trying to do as many things as possible to see what works ... it's like, the more the merrier."

Updated June 16

Novo Nordisk tops off $2B expansion in Clayton

Novo Nordisk employees in Johnston County signed their names early Friday to the beam that will top off an expansion for the pharmaceutical company and will add about 700 jobs to their ranks.

Updated June 16

Premium Lock Exclusive: Former Lenovo exec Tom Looney talks apprenticeships, giving back

Tom Looney, the retired senior executive at Lenoovo who championed bringing business to North Carolina, is in his latest career seeking to boost the state through apprenticeships for Wake Tech Community College at area employers. In an exclusive Q&A, Looney talks about giving back and how apprenticeships could help address a growing need for skilled workers.

Tom Looney Tom Looney

Updated June 16

US military seeks partners to help warfighters, families

Vice Admiral Raquel Bono One thing was clear, from the opening keynote to the final session, after a unique gathering of North Carolina business and Pentagon procurement leaders: The military is actively seeking private-sector partners to support the health and healing of U.S. warfighters and their families.

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