WilmingtonBiz Magazine

Sep 28, 2018

The Next Big Breakout

By Neil Cotiaux, posted Sep 28, 2018

In Wilmington and around the country, mention Live Oak Bank, PPD or Untappd to someone in their industry and nine chances out of 10 they won’t ask, “who?” Such companies are not only a source of native pride; they bring new jobs and talent to a community, invigorate the area economy, contribute to the growth of their industry and burnish the image of the ...

Sep 28, 2018

Can Vertex Get On Track?

By Cece Nunn, posted Sep 28, 2018

Driving under a sky filled with gray clouds, Donald Croteau pulled into the parking lot at Vertex Railcar Corp. shortly after lunchtime July 24, his white SUV joining a few dozen other cars in front of the plant.   Earlier that day, a Wilmington StarNews story said Croteau was no longer in charge of the rail car manufacturing company that he brought to town with a b ...

Sep 28, 2018

C-Suite Convo: Head In The Cloud

By Vicky Janowski, posted Sep 28, 2018

Banking software company ncino launched in 2012 as a spinoff of Live Oak Bancshares. The company, whose cloud-based Bank Operating System is built on the Salesforce platform, has since signed on more than 200 banks worldwide, 11 of them among the top 30 U.S. banks by asset size. Headquartered in Wilmington, nCino has about 550 employees with plenty of room to grow. C ...

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Opportunity Zones Create Opportunity for Tax Savings

Posted Nov 14, 2018

As part of the Tax Cuts and Jobs Act that was passed in December 2017, a provision was created to help spur investment in distressed communities across the United States.

These provisions related to “Opportunity Zones” allow for two basic tax benefits: deferral of gains that are invested into Opportunity Zone areas; and non-recognition of gain for the period invested ...read entire article

Sep 28, 2018

Restaurant Roundup: Rhodes Scholar

By Kyle Hanlin, posted Sep 28, 2018

The restaurant industry is no place for people who are faint of heart. Eateries, whether fine dining, casual or anywhere in between, come and go at an astonishing rate. But the fear  of failure has not stopped Wilmington’s Keith Rhodes from trying new ventures.   Rhodes is best known in  the Port City as the owner and chef of the seafood restaurant C ...

Sep 28, 2018

Wilmington Health's Expansion Strategy

By Vicky Janowski, posted Sep 28, 2018

One of the area’s largest health care providers has been slowly adding to its clinical space in the region When Don Gottovi and Norm Robinson started Wilmington Health Associates, it was out of a modest, low-slung building.   It was 1971 and not long after the physicians – early in their careers – had chatted in the beer line at the UNC Departme ...

Sep 28, 2018

Funding The Ideas

By Johanna Cano, posted Sep 28, 2018

Wilmington might still have ground to make up when it comes to venture capital activity, but a number of area companies have received funding to support their growing businesses. Since 2013, local companies have received $144 million in funding, according to filings with the U.S. Securities and Exchange Commission, although 93 percent went to one firm – nCino. &n ...

Sep 28, 2018

Addressing The Rural Broadband Issue

By Jenny Callison, posted Sep 28, 2018

With talk about the need to improve roads, bridges and rail lines in North Carolina to boost commerce, another type of economy-related thoroughfare is getting some attention. That would be the information highway, a busy avenue of commerce in areas that offer broadband – otherwise known as high-speed internet access – and almost totally lacking traffic elsewher ...

Sep 28, 2018

Jump Starting A Park

By Christina Haley O'Neal, posted Sep 28, 2018

It took more than a decade for the vision to pay off, but activity in the Pender Commerce Park is heating up with incoming private investment.   Pender County Commissioner David Williams said the economic recovery from the recession, opening of Interstate 140 and momentum from early tenants has helped peak interest in the park.   The long-term effort and a he ...

Sep 28, 2018

Economic Snapshot

By Christina Haley O'Neal, posted Sep 28, 2018

Here are some of the top economic development headlines so far this year impacting Southeastern North Carolina. Regional economic development announcements have come in the form of new businesses, infrastructure and a few operational milestones.      NATIONAL GYPSUM RETURNS  Charlotte-based National Gypsum has hired 45 people as of August as it gears ...

Sep 28, 2018

Leading With Care

By Teresa McLamb, posted Sep 28, 2018

Brunswick County native Wanda Coley knew from an early age that she wanted to work in accounting. After graduating from West Brunswick High School, she earned a degree in accounting at University of North Carolina Wilmington. While there, she worked as an administrative assistant at a home health care company, learning the ins and outs of that business and how the various ...

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What Will the Courts Really Protect Under Trade Secret Law?

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Are there Tax Benefits to Home Buying Before Year-End?

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Effort is Attractive: Get the Talent

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Trending News

Public Private Partnership Would Add Student Housing At UNCW

Cece Nunn - Nov 19, 2018

Health Care Heroes Award Winners Announced

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Airports, Roads Expected To Be Busy With Thanksgiving Travelers

Christina Haley O'Neal - Nov 19, 2018

In The Current Issue

A Rising Interest In Rising Rates

Local and national real estate observers weigh in on what interest rate hikes might do on home buying activity....


Onslow County Economic Development Snapshot

Here are some of recent highlights in Onslow County's economic development activity....


Wilmington Hotel Completes Renovations

The Holiday Inn Express & Suites Wilmington-University Center was redesigned inside and out, over a six-month period....

Book On Business

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

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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