A significant change is underway for Wilmington-headquartered contract research organization PPD, but it remains to be seen exactly how it will impact the company’s local presence. Massachusetts-based Thermo Fisher Scientific's purchase of PPD would not impact the day-to-day work of PPD's employees, which number 26,000 globally and 1,800 in the Wilmington ...
TRU Colors has partnered with national beverage company Molson Coors, which has made an equity investment in the local brewery to accelerate its growth, according to a news release. The amount of the investment from Chicago-based Molson Coors Beverage Co. was not disclosed. The partnership, however, will also involve the distribution of TRU Colors' new brew when ...
Communities and businesses continue to be impacted by two major events that largely defined 2020: COVID-19 and race relations. But collaboration between businesses, the public and government can help provide solutions to tackle these challenges. That was one key message from Tuesday’s Power Breakfast titled, “The New New Normal,” hosted by the Great ...
During the Masters Tournament, pro golfer Brian Harman over the weekend donned a hat with the logo of Wilmington-headquartered MegaCorp Logistics for viewers to see throughout the internationally televised rounds. The gear, worn by Harman at all of his tournaments, is part of a sponsorship the local logistics firm has held with the PGA Tour player since 2018, Katie ...
Area transportation leaders say a plan by Amtrak to connect passenger rail service further across the state to Wilmington would add a significant multimodal component to the region. While not involved in any discussions with Amtrak about its strategic vision, Mike Kozlosky, executive director of the Wilmington Urban Area Metropolitan Planning Organization (WMPO), said t ...
New Hanover, Brunswick and Pender counties are eligible for the Hometown Revitalization Grant program, announced this week by the Duke Energy Foundation. According to a news release, $500,000 in funding is available "to help local businesses – from restaurants to retailers – pivot to accommodate the changing environment." Stephen De May, Duke En ...
A local insurance firm is slated to open a second location in Hampstead. April Jones Insurance Services, which handles home, auto and personal loans insurance, is awaiting permits to build in Hampstead Village on South End Court, said April Jones, founder and president of the firm. Jones is slated to build a 2,800-square-foot building with eight office spaces, she sa ...
Economic development officials say that $3.6 million earmarked for the extension of water and sewer infrastructure to 120 acres owned by New Hanover County will be a benefit to growing investment and jobs in the county. The Blue Clay Road site, while not being used now, has been dubbed Blue Clay Business Park. The $3.6 million is part of $45.4 million the county is e ...
During a year of going almost nowhere, most people in the Cape Fear region found their clothing could be simple and informal. Galas went online; special events were canceled; Zoom meetings required attendees to look good only from the waist up. The combo depressed the market for two industries: formal wear and dry cleaning. After hanging on for months wit ...
The Wilmington area economy is doing better than expected a year after the COVID-19 pandemic took a toll on many businesses across the region, said Adam Jones, a regional economist with the University of North Carolina Wilmington. With the recent rollout of COVID-19 vaccinations and the easing of statewide restrictions, the region could see business bounce back ev ...
Molson Coors Invests In TRU Colors, Forms Partnership
Christina Haley O'Neal
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Apr 14, 2021
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WSJ Reports That PPD In Talks To Sell
Vicky Janowski and Cece Nunn
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Apr 14, 2021
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Local Chef To Bring Gourmet Pizza, Sandwiches To North Fourth
Jessica Maurer
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Apr 14, 2021
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MegaCorp Gains Airtime During The Masters Through Player Sponsorship
Christina Haley O'Neal
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Apr 12, 2021
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Nancy Jo’s Homemade Opens In Carolina Beach
Jessica Maurer
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Apr 14, 2021
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Cape Fear Clinic was already in for an eventful 2021. As with most everything, however, the pandemic meant a change of plans for the medical...
A former employee of Live Oak Bank and of Apiture LLC – a financial technology joint venture between Live Oak Bancshares and First Data Corp...
In an era when customers are transacting ever more of their banking business online or through mobile devices, bank branches are rethinking...
The 2021 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.