Print
More News

The Top Stories Of 2017

By Staff Reports, posted Dec 15, 2017
2017 is almost in the books.

For the Wilmington region, it was a year that saw both new and familiar names pitch ambitious projects for the area. As the real estate recovery returns to pre-recession levels, commercial activity continued at a busy pace – though not without criticism about what it all might mean for congested roadways.
 
It was also a year for new names in transportation. The port saw additional services lines coming to call, just in time to fill the void caused by the international collapse of shipping giant Hanjin. And after years of courting airlines, Wilmington International Airport announced that it would soon add more direct flight options through a third carrier.
 
The area had its moment in the spotlight with the one-year staging of the Wells Fargo Championship. The PGA Tour event presented an opportunity for local business officials to talk about how to market the region together and host visiting companies. Meanwhile, closer to home, the immediate future of one major employer appeared to be settled when PPD got new investors instead of seeing the contract research organization sold. And the roots of Live Oak Bank and its related activities continue to branch out, both in hiring and impact on the banking industry.
 
But it was the waterways – specifically drinking water quality – that many residents and businesses spent months talking about after it was disclosed that an unregulated, industrial byproduct called GenX had made its way into the area’s faucets.

Here are the top 10 local business stories from the year:

1. GenX prompts widespread concern 
2. Local fintech sector expands its reach
3. A year of mega mixed-use ideas
4. Port of Wilmington adds new service lines
5. Area home sales reach all-time high 
6. Investment deal valued PPD at $9B
7. New owner plans to transform mall 
8. Golf championship tees off marketing
9High-level shake-up again at CFCC
10.  ILM announces third carrier to lineup
Ico insights

INSIGHTS

SPONSORS' CONTENT
Burrus rob headshot 300x300

The Ultimate Professional Development Cheat Sheet for Organizations

Robert Burrus - Cameron School of Business - UNC-Wilmington
Billhunter300x300 b&w

Using the Science of Persuasion for Your Business

Bill Hunter - Wilmington Design Company
Lgoriginalheadshot 311794626

Summer is the New Holidaze

Laura Bransfield - Summerfield Custom Wellness

Trending News

Chops Deli Co-owner Explains Financial Woes Behind Fundraising Campaign

Jessica Maurer - Jun 18, 2018

At ILM, Regional Carrier's Technical Issues Cancel Flights

Christina Haley O'Neal - Jun 18, 2018

In The Current Issue

Construction Zone: Updates On 4 Commercial Projects

Current commercial building activity in Wilmington includes retail and office space, with more planned in the coming years throughout the ar...


Berry Farms Weather The Ups And Downs

The weather might have made the 2018 growing season challenging for local berry farmers thus far, but it has not slowed demand for straight-...


Banks Respond To Dodd-Frank Changes

Just how will the much-trumpeted recent changes to the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act affect local financial...

Book On Business

The 2018 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2018 Power Breakfast - Dishing on the Restaurant Biz
2018 WilmingtonBiz Expo - Keynote Lunch with Eric Dinenberg, Rouse Properties
2017 Health Care Heroes