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Triad Business Journal
Who wants a ready-to-develop mill building, complete with tax credits?
A project to save a historic smokestack in the heart of Asheboro has turned into a multi-year, multimillion dollar effort that involved restoring a roof, replacing century-old flooring, installing boarded-up windows, and a helicopter.<\p> Now, Jerry Neal and Dustie Gregson have turned a once-decrepit mill into a preserved shell ready for redevelopment. They’re hired NAI Piedmont Triad to market the site and find a buyer who’ll take it from here. The asking price is $2.2 million.<\p>
Spot near Triad-Triangle border targeted for projects totaling 650K SF
A ripe-for-development spot where the eastern edge of the Triad meets the expanding Triangle along the Interstate 40-85 corridor is being targeted for a truck depot and a logistics complex.<\p> Preliminary site plans have been filed with the city of Mebane on behalf of R+L Carriers of Wilmington, Ohio, for a truck depot on the southeast corner of Buckhorn Road at the interstate, on a site bounded by a BP station and a regional flea market’s grounds. It’s across Buckhorn Road from a Petro Travel Center.<\p>
Charlotte-area bank plans expansion into Triad
Blueharbor Bank, a state-chartered institution based in Mooresville, filed an application with the North Carolina Officer of the Commissioner of Banks to establish a branch at 954 North Main Street in Mount Airy.<\p> Blueharbor is based in Mooresville. It reported total assets of $453.5 million and total deposits of $396.5 million at the end of its first quarter March 31. It also has a branch in Statesville and loan production offices in Belmont and Hickory.<\p>
Where does Summerfield stand after resignation of its entire staff?
After the entire staff of Summerfield resigned on Sunday, the town is planning how it will manage the transition and move forward. <\p> Councilwoman Janelle Robinson said the council is just now discussing how it wants to proceed. Councilman Heath Clay, who along with Robinson was among the majority who voted to not renew the contract of Town Manager Scott Whitaker, said in a statement to Triad Business Journal that he is hopeful that both existing and interim staff "will work together to continue services for the people of Summerfield."<\p>
Triad health system shuffles C-Suite roles after exec hiring spree
Novant Health has reorganized its C-Suite in what appears to be the final stabilization for the health system’s executive team after several shake-ups and departures in 2023.<\p> Three executives at the Winston-Salem health system have new roles – John Gizdic, Kim Henderson and Onyeka Nchege.<\p>
Real estate commissions shakeup will require more agent scrutiny
The National Association of Realtors and several brokerages have struck big money deals to settle an array of class-action lawsuits around real estate commissions.<\p> It might become harder for homebuyers to figure out how to pick the right agent to work with in the wake of the settlements. That's because the settlements, which now add up to hundreds of millions of dollars, will also bring with them changes in how buying agents are paid, how homes are listed and may require more buyers to pay for an agent directly when buying a home. And if buyers potentially shell out thousands of dollars or more, they will have to do their own due diligence.<\p>
TBJ's Best Places to Work winners unveiled at celebration (PHOTOS)
About 300 people showed up at Millennium Center in Winston-Salem on Thursday night to celebrate the Best Places to Work in Triad.<\p> Employees and execs from the 31 companies named as finalists came to Millennium Center, many sporting Hawaiian-inspired shirts and lei, to enjoy the food, drink, music and the start of summer.<\p>
A look at the largest independent insurance agencies in the Triad
This week, Triad Business Journal looks at the Triad's largest independent insurance agencies.<\p> There are 952 licensed Triad agents at the agencies on this list, with 15 agencies employing 20 or more Triad agents.<\p>
Saga over control of Gildan abruptly ends with veteran CEO restored
A five-month battle over corporate control of Gildan Activewear, a Canadian apparel company with a significant Triad presence, has apparently ended with its former CEO returned to lead it.<\p> Gildan announced Thursday that its full board of directors resigned and new CEO Vince Tyra has left, both effective at the end of the day. At the same time, the board appointed nominees from the Los Angeles investment firm Browning West, which had been leading a fight to regain control of the $3 billion revenue company, to the board. <\p>
What employers need to know about the crushing childcare costs
In the coming weeks, schools around the nation will be out, and many employees will find themselves scrambling for child-care options. <\p> But child-care costs are soaring, thanks to the child-care cliff, a lack of new child-care centers and workforce shortages in the industry, among other factors. <\p>
Caroline Spencer of Amazon, a 2024 HR Impact Award winner
Address: 1656 Old Greensboro Road, Kernersville 27284<\p> Why selected: Spencer is a strong advocate of the professional development of employees, implementing quarterly classes on resume/interview preparation, leading to dozens of employee promotions and organizing and developing opportunities for employees to develop their careers. Following a survey of employees in 2022, her team was recognized as the most improved team with a nearly 100% increase in positive responses. She launched the blind/low vision program at the Kernersville fulfillment center and hired 16 visually challenged employees for the pack department. She is passionate about diversity and inclusion in the company hosting meetings, fundraisers, and events based around DEI initiatives and serving as president of a company women's affinity group. She is an HR business partner representative of the Black Employees Network.<\p>
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The Piedmont Triad region's source for local business news, breaking news alerts, newsletters, business intelligence and local business networking. An American City Business Journals publication.
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