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Apr 15, 2021

Taking A Closer Look At PPD, Thermo Fisher Deal

By Christina Haley O'Neal, posted About 6 hours ago

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 ...

Apr 14, 2021

Molson Coors Invests In TRU Colors, Forms Partnership

By Christina Haley O'Neal, posted Apr 14, 2021

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 ...

Apr 13, 2021

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 ...

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Entrepreneurship Drives Social Elevation

Posted Apr 6, 2021
Few things can help an individual more than to place responsibility on him, and to let him know that you trust him. Booker T. Washington
 
Entrepreneurship creates wealth, not just wages. The wealth created by entrepreneurs stays in the community generating more positive outcomes including stronger civic leadership, better students and increases the efficacy levels...read entire article
Apr 12, 2021

MegaCorp Gains Airtime During The Masters Through Player Sponsorship

By Christina Haley O'Neal, posted Apr 12, 2021

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 ...

Apr 9, 2021

Transportation Officials Comment On Amtrak Plan Involving Wilmington

By Christina Haley O'Neal, posted Apr 9, 2021

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 ...

Apr 7, 2021

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 ...

Apr 5, 2021

April Jones Insurance Opening Second Location In Hampstead

By Christina Haley O'Neal, posted Apr 5, 2021

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 ...

Apr 2, 2021

Economic Developers See Potential Catalyst For 120 Acres On Blue Clay Road

By Cece Nunn and Christina Haley O'Neal, posted Apr 2, 2021

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 ...

Apr 2, 2021

Worn By COVID, Clothing Firms Pick Up

By Jenny Callison, posted Apr 2, 2021

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 ...

Apr 2, 2021

Jones: Economy On Recovery Road

By Christina Haley O'Neal, posted Apr 2, 2021

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 ...

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In The Current Issue

Cape Fear Clinic Rises To Occasion

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...


Live Oak, NCino Defendants In Lawsuit

A former employee of Live Oak Bank and of Apiture LLC – a financial technology joint venture between Live Oak Bancshares and First Data Corp...


PNC Announces Local Branch Consolidation

In an era when customers are transacting ever more of their banking business online or through mobile devices, bank branches are rethinking...

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