‘Soft landing’ coming, Bank of America CEO predicts – Business NC has details
The economy appears headed toward a coveted soft landing – and not a recession – in the coming year, says Bank of America CEO Brian Moynihan.
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business north carolina
Honeywell expands its product suite with $5B buy of Carrier Global group
Charlotte-based Honeywell International Inc. has inked a deal to acquire Florida-based Carrier Global Corporation’s Global Access Solutions business for an all-cash deal of $4.95 billion.
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Plastics parts manufacturing plant in Mocksville to close; layoffs coming
Plastic parts manufacturer Carolina Precision Plastics plans to close its Mocksville plant in 2024 and lay off 52 workers, according to a filing with the NC Department of Commerce.
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New manufacturing jobs coming to Columbus County, Business NC reports
A supplier of automotive replacement parts will expand and modernize its distribution operations in Columbus County, creating 21 jobs, the state announced Thursday.
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Former BCBSNC execs’ venture offers international medical options, Business NC reports
Former Blue Cross Blue Shield of North Carolina executives Jim Song and John Roos have launched Aphora Health, which offers access to international medical providers who offer care at 30% to 40% less than U.S. hospitals.
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Durham biotech Chimerix promotes exec to CFO
Durham-based biopharmaceutical Chimerix, has promoted Michelle LaSpaluto, current vice president of corporate financial planning and investor relations, to chief financial officer.
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Commerce secretary pushes back against ‘tax on innovation,’ Business NC reports
An Internal Revenue Code requirement concerning research and experimentation expenditures could slow innovation in the state, North Carolina’s Department of Commerce secretary says in a letter to North Carolina Congressional delegation members.
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Governor, Treasury secretary check out NC clean energy efforts, Business NC reports
U.S. Treasury Secretary Janet Yellen visited a Bessemer City plant on Thursday to talk about how federal money targeting clean-energy initiatives has boosted manufacturing while helping make America less reliant on foreign countries for energy.
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UNC Kenan-Flagler Business School picks new dean
Mary Margaret Frank, the associate dean for faculty development at the University of Virginia’s Darden School of Business, will be the next dean of the Kenan-Flagler Business School.
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