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Triangle Business Journal
Closing the loop: The Complete 540 Puzzle
The applause rippled through the crowd in April: Japanese pharmaceutical company Fujifilm Diosynth Biotechnologies was making an investment in its Holly Springs operation, part of a $1.2 billion expansion. “This exciting investment will create one...
An effort to help employees find the root of workplace stress
Anxiety is at a fever pitch. Four in 10 adults, 43 percent of the American population over age 18, say they feel more anxious today than they did a year ago, according to the annual mental health survey conducted April 9-11 by the American Psychiatric...
Viewpoint: Universities should cultivate civic leaders
Most students and their families invest time, effort and resources into higher education for vocational reasons. They expect the knowledge, skills and relationships acquired at a college or university will lead to good jobs. Like it or not, this is...
Biz: Changes coming to UNC campus
Change is coming to The Pit, an iconic location on the UNC-Chapel Hill campus that dates to the 1960s. Until 1965, the UNC baseball team played at Emerson Field, which is now the heart of campus. But Carolina decided to put a book store and Student...
Raleigh company secures $650M to be ready for growth surge
With a potential regulatory approval more than a month away, a biopharmaceutical company in Raleigh is boosting its coffers in a major way. Verona Pharma (Nasdaq: VRNA) has entered financing agreements with Oaktree Capital Management and OMERS Life...
Raleigh gaming company on verge of shutting down
Two years after raising $15 million in outside capital, a video game company in Raleigh is laying off staff and evaluating its options. Lightforge Games, cofounded by Epic Games veteran Matt Schembari, appears to be closing up shop, possibly for good....
Chatham megasite has two companies. What about the other 1,300 acres?
Wolfspeed (NYSE: WOLF), the semiconductor manufacturer building a $5 billion facility in Chatham County, now has a neighbor at one of the county's megasites. And if Michael Smith, president of the Chatham County Economic Development Corporation, gets...
USGA CEO, others understand the value of Pinehurst, Moore County
Golf is big business. Golf’s economic impact (direct and indirect) in the U.S. topped $226 billion in 2022, according to the American Golf Industry Coalition. Also, according to the same study, alternative forms of golf such as Topgolf and Drive...
These phrases can lead to trouble in business
How about a few words of wisdom — and some phrases that can lead to trouble for a family business? “It seemed like a good idea at the time.” How often have you said that after a plan you were excited about ended up in a smoldering heap? Maybe...
Workers forfeit hundreds on a popular workplace benefit. Here's why.
Workers are losing out on hundreds of dollars in flexible spending account money. A new report by the Employee Benefit Research Institute analyzed more than 3.2 million flexible spending accounts in 2022. It found, while workers are contributing more...
For Fenton developer, real estate is all about relationships
Paul Zarian could have been a doctor. But he realized during his pre-med days at Duke University that what he was truly passionate about was real estate. His parents were not in the real estate business, but growing up it always fascinated him, leading...
Tobacco company to bring 100 jobs to Raleigh in HQ move
A tobacco company is moving its U.S. headquarters from New Jersey to North Carolina, a move intended to bring more than 100 new office jobs to Raleigh. JTI is planning to open an administrative headquarters later this year in Kane Realty's new One North...
Road projects aim to ease congestion in Highway 54 corridor
A pair of road projects in Morrisville could improve traffic drastically in the years to come as the town grows. Improvements on McCrimmon Parkway call for building a bridge over Highway 54 (Chapel Hill Road) and the railroad tracks at the intersection,...
JoCo company hits bankruptcy amid 'fluctuations' in home market
An electrician business in Johnston County filed for bankruptcy reorganization this week, a symptom of "fluctuations" in the housing market. CMC Electric of Clayton, represented by attorney Danny Bradford, filed for Chapter 11 bankruptcy reorganization....
Hundreds of BTR homes to fill Raleigh community
Build-to-rent townhomes are underway as part of a larger master-planned community in south Raleigh. Hudson at Georgia’s Landing will have 259 build-to-rent townhomes within Mungo Homes’ Georgia’s Landing community off Highway 401 near ParTee Shack....
Cary HQ plays crucial role in $160M deal
The North Carolina headquarters of a global biopharmaceutical company will have a crucial role in a multimillion-dollar collaboration. Chiesi Farmaceutici, a biopharma group headquartered in Italy, is working with the California biotech Gossamer Bio...
Liens and Bankruptcies Leads - Collected week of May 3, 2024
Federal Tax Liens and Releases The latest information available concerning unpaid tax levies filed by the Internal Revenue Service against individuals and businesses. -State Tax Liens Business or Person: B, Name: Jacaranda Construction Inc., Address:...
Real Estate Leads - Collected week of May 3, 2024
Building Permits Identify the individuals and developers securing the largest commercial and residential building permits in the area, with details on the date, location, dollar value and parties involved. -Commercial Mortgages Permittype: C, Contractor:...
Court Records - Collected week of May 3, 2024
Judgments Legal judgments filed or recorded in local county offices. -Lawsuits Extended Business or Person: B, Plaintiff: Craig Anderson/Sarah Anderson, Defendant: Blue Fawn Builders LLC, Defaddr: 102 Mintawood Ct., Defcity: Cary, Defstate: NC, Defzip:...
New Business Leads - Collected week of May 3, 2024
New Businesses New business licenses and corporate formations. -Assumed Names Company: Bullock's Garage, Address: 112 W. Horton St., City: Zebulon, State: NC, Zip: 27597, Type: auto repair, Sic: 75, Recdate: 2024-04-25, Jurisdiction: Wake County Company:...
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