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
Leath 683x10242

How to Fire Someone Effectively

Lisa Leath - Leath HR Group
Geofflosee300x300 10221511305

Got Flood Insurance? Get That Proof of Loss Form in Quickly!

Geoffrey Losee - Rountree Losee LLP
Chheadshot

Overcoming the Opioid Overdose Crisis

Trending News

Local Communications Co-op Offering Wireless Service Again

Johanna Cano - May 24, 2019

Reprisal Crew Readies For Action In Wilmington

Jenny Callison - May 24, 2019

In The Current Issue

WAHA Kicks Off Membership Drive

The Wilmington Area Hospitality Association (WAHA) kicked off its annual membership drive May 15 at an event at the Embassy Suites by Hilton...


Info Junkie: Jim R. Roberts

Info Junkie Jim R. Roberts, Founder of Network for Entrepreneurs in Wilmington (NEW) and Wilmington Angels for Local Entrepreneurs (WALE), o...


Creating A Digital Arts Workforce

UNCW launched its digital arts program in fall 2017, hoping to prepare students in all facets of digital art through coursework that include...

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

2019 WilmingtonBiz Expo Keynote Lunch - CEO, nCino, Pierre Naude`
Transporting the Future - Power Breakfast 3.12.2019
Health Care Heroes 2018