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Dec 14, 2018

Top Stories Of 2018

By Staff Reports, posted About 8 hours ago

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 roa ...

Dec 14, 2018

Top Stories No. 1: Hurricane Brings Major Flooding, Damage

By Cece Nunn and Johanna Cano, posted About 8 hours ago

It could have been a lot worse. But it was bad enough. Hurricane Florence made landfall near Wrightsville Beach on the morning of Sept. 14 as a Category 1 hurricane, with the eye crossing the New Hanover County beach town around 7:15 a.m., according to a National Weather Service report on the storm. The report stated that the storm, which had strengthened to a Cat ...

Dec 14, 2018

Top Stories No. 3: Major Transportation Projects Get Underway

By Christina Haley O'Neal, posted About 8 hours ago

The year saw significant investments in transportation projects around the area, including at the port, airport and major roadways. The Wilmington International Airport (ILM) started construction of its terminal expansion project in late 2018. There are three parts to the construction plan, the first of which is taking place to ILM’s TSA baggage screening area. Fu ...

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Disaster Relief: Employers Helping Employees

Posted Oct 1, 2018
Hurricane Florence made landfall in North Carolina on Sept. 14, 2018 as a Category 1 hurricane and brought with it a record amount of rainfall and a massive loss of power throughout the state of North Carolina, as well as parts of South Carolina.
 
When the winds decreased, the rains came. The magnitude of the storm brought destruction for an extended period of time. On Sept. 15...read entire article
Dec 14, 2018

Top Stories No. 4: GenX Actions Take Shape

By Christina Haley O'Neal, posted About 8 hours ago

GenX remained a widely-discussed topic in 2018, which is ending with the first proposed settlement in a legal case against the company tied to the chemical found in the Cape Fear River. In late-November the N.C. Department of Environmental Quality announced that the Southern Environmental Law Center, on behalf of Cape Fear River Watch and the state agency, signed a prop ...

Dec 14, 2018

Top Stories No. 5: Industrial Companies Announce Investments

By Christina Haley O'Neal, posted About 8 hours ago

New jobs and investment came to the Wilmington area or are in the works because of a series of industrial announcements this year. For example, Charlotte-based National Gypsum Co. restarted operations at its 46-acre site on Sunnyvale Drive in Wilmington on Nov. 15. The company has employed 45 people, 16 who previously worked at the plant before it shut down in 2009. ...

Dec 14, 2018

Top Stories No. 7: Vertex Railcar Reaches End Of The Line

By Cece Nunn, posted About 8 hours ago

Vertex Railcar Corp.’s four-year journey in Wilmington appeared to be over as news hit of its pending closure by the rail car manufacturer’s major Chinese investors. “All indications are the company will be out of here by the end of the year,” John Merritt of Dram Tree Consulting, who had been working with the firm, said in October. At the tim ...

Dec 14, 2018

Top Stories No. 9: GE Power Split Includes GE Hitachi

By Christina Haley O'Neal, posted About 8 hours ago

Wilmington-based GE Hitachi Nuclear Energy is among a group of General Electric Corp.’s Power divisions that were part of a split announced this year. During a third-quarter earnings call in late October, GE Chairman and CEO Larry Culp announced changes to GE’s Power division, which consisted of a spilt into two divisions: GE Gas Power and GE Power Portfolio ...

Dec 11, 2018

'Most Intriguing' Talks Focus On Economic Projects, Inclusion Efforts

By Christina Haley O'Neal, posted Dec 11, 2018

Five members of the local business community discussed a variety of topics Tuesday at the Greater Wilmington Business Journal’s Power Breakfast. The final event of the Power Breakfast series for the year, the speakers delivered TED-style talks on expanding economic opportunities, veteran-ready businesses, water quality, inclusion and the evolution of health care. ...

Dec 10, 2018

GE Hitachi Plans To Acquire Nuclear Decommissioning Firm

By Christina Haley O'Neal, posted Dec 10, 2018

GE Hitachi Nuclear Energy has announced its intent to acquire Columbia, South Carolina-based REI Nuclear LLC, a decommissioning technology and tooling design firm, according to a news release Monday. The acquisition, the details of which were not disclosed, is expected to contain REI Nuclear’s business and certain assets. The sale, subject to ongoing dis ...

Dec 7, 2018

ILM Seeks To Address Increased Parking Demands With New Study

By Christina Haley O'Neal, posted Dec 7, 2018

The Wilmington International Airport could soon release bids to find a firm that will help evaluate its growing parking needs. Since adding United Airlines, the airport's third carrier in April, ILM has seen an increase of paying vehicles at its parking lots throughout 2018, said Granseur Dick, ILM’s planning and development director. During the New Hanover ...

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In The Current Issue

Top Stories Of 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 a...


Top Stories No. 10: Changes In Local Retail Landscape

2018 Year in Review: Good times and bad times hit Wilmington’s retail scene this year....


Top Stories No. 7: Vertex Railcar Reaches End Of The Line

2018 Year in Review: Vertex Railcar Corp.’s four-year journey in Wilmington appeared to be over as news hit of its pending closure by the ra...

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