Print
More News

Top Stories Of 2018

By Staff Reports, posted Dec 14, 2018
2018 sailed smoothly for much of the Wilmington economy for a while, with home sales rising and the addition of infrastructure at the port and airport.
 
But when September rolled around, Hurricane Florence became the biggest story of the year, wreaking havoc on the Cape Fear region by pouring more than 30 inches of rain on some areas. Floods destroyed homes and roadways, and a massive amount of debris littered streets.
 
These days, the region is in recovery mode. At the same time, GenX, a chemical that made news last year, continued to be part of 2018’s discussion, with the first settlement of an associated legal case proposed in November.

While some industrial companies announced investments in Wilmington this year, another, Vertex Railcar, was expected to close before year’s end.
 
Live Oak Bank continued to grow this year, while changes came to another
Wilmington-based company, GE Hitachi Nuclear Energy. Meanwhile, the political landscape and area retail industry experienced changes of their own.

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

  1. Hurricane brings major flooding, damage

  2. Realtors: Housing market still strong

  3. Major transportation projects get underway

  4. GenX actions take shape

  5. Industrial companies announce investments

  6. Live Oak’s expansion continues

  7. Vertex Railcar reaches end of the line

  8. Voters usher in party change

  9. GE Power split includes GE Hitachi

  10. Changes in local retail landscape

Ico insights

INSIGHTS

SPONSORS' CONTENT
Aaeaaqaaaaaaaaidaaaajdhiztrkodm0lte2yjetngrkmy1hotrmltawmdvlmwqyztmymw

Connect with Resilient Coastal Living

Diane Durance - UNCW Center for Innovation and Entrepreneurship
Leath 683x10242

Positive on Productivity: Hire New Graduates

Lisa Leath - Leath HR Group
Hardy revised

Preparing Future Leaders Through Simulation

Charles Hardy - UNCW College of Health and Human Services

Trending News

How A $90M Gateway Project Could Impact The City

Christina Haley O'Neal - Oct 16, 2019

Three Startups Mark Growth By Moving Out Of TekMountain

Johanna Cano - Oct 17, 2019

Tru Colors Submits Site Plans For Headquarters Facility

Cece Nunn - Oct 16, 2019

South College Sandwich & Deli Ranks On BuzzFeed List

Jessica Maurer - Oct 16, 2019

Commercial Real Estate Firm Moves To New Office Space

Cece Nunn - Oct 18, 2019

In The Current Issue

Health Care Heroes: Volunteers

The Volunteer category honors a volunteer at a health care provider or other health-related organization who is considered exemplary by peop...



2019 Health Care Heroes Finalists

What makes someone a Health Care Hero? That was the question facing a panel of judges....

Book On Business

The 2019 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

August 26, 2019 Power Breakfast: A Healthy Sale?
WILMA's Leadership Accelerator
2019 WilmingtonBiz Expo Keynote Lunch - CEO, nCino, Pierre Naude`