business north carolina

Charlotte-based sensor firm buys Calif. company for $210M, Business NC reports

Posted by WRAL TechWire | Dec 28, 2023

Charlotte-based Enpro has agreed to acquire California-based Advanced Micro Instruments for $210 million to expand its analyzers and sensors business.

Ohio bank eyes expansion in Triangle, Charlotte & Triad, reports Business NC

Posted by WRAL TechWire | Dec 26, 2023

Huntington Bancshares wants to add five branches in Charlotte, the Triad and Triangle over the next two years, says Scott Kleinman, a senior executive vice president who heads commercial banking.

Industry association: Duke Energy rate increase will cost jobs, Business NC reports

Posted by WRAL TechWire | Dec 21, 2023

State regulators’ approval of a nearly 15% increase in Duke Energy rates over the next three years will lead to hardship for some North Carolina manufacturers, the leader of an industry trade association says.

New NC Rural Center chair spells out 2024 priorities, Business NC reports

Posted by WRAL TechWire | Dec 21, 2023

North Carolina has two big challenges that Carl “Phil” Marion Jr. wants the Rural Center to address in his time as chair.

Durham-based Bioventus names veteran life science exec as CEO

Posted by WRAL TechWire | Dec 20, 2023

The Board of Directors of Durham-based Bioventus Inc. appointed Robert Claypoole as president and chief executive officer and a member of its board, effective January 10, 2024.

Workers at defense contractor in Elizabeth City to lose jobs, Business NC reports

Posted by WRAL TechWire | Dec 19, 2023

A switch in military contracts will result in job losses for more than 90 workers who perform aircraft maintenance on C-130s at the U.S. Coast Guard base in Elizabeth City.

More jobs coming to Greene County industrial park

Posted by WRAL TechWire | Dec 18, 2023

Corporate Ladder Brewing Company announces plans to operate their first North Carolina location in the NW Greene Industrial Park in Greene County.

Development boom driving power usage in NC to record levels, Duke Energy exec says

Posted by WRAL TechWire | Dec 14, 2023

Demand for electricity in the Carolinas is growing at the fastest rate in more than 30 years, reflecting an economic development boom that is exceeding expectations, a senior Duke Energy executive says.