Business & Economy

The State of Things
11:34 am
Tue November 26, 2013

The Rebirth Of The North Carolina Textile Industry

An employee performs quality control on clothing made at the Mortex textile mill in Wendell, North Carolina
Credit USDAgov, via Flickr

  

For decades, the textile industry was an essential part of North Carolina’ economy. But the industry took a huge hit in the early 2000s due to outsourcing and high rates of automation.

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Business & Economy
8:10 am
Tue November 26, 2013

The State Of The Turkey Industry In North Carolina

Woman sports her turkey hat at the 2013 Turkey Festival in Raeford, NC.
Credit Leoneda Inge

A lot of Thanksgiving dinners across the country will feature a turkey grown and processed right here in North Carolina.  Butterball is headquartered here and produces about 20-percent of the nation’s turkeys. 

But Butterball reports it’s coming up a little short this year with fresh orders. And in another part of the state, one of the largest turkey slaughter houses is shut down.

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Business & Economy
6:38 pm
Fri November 22, 2013

NC’s Unemployment Rate Dips in September, October

Credit NC Commerce Department

The percentage of people that are unemployed in North Carolina continued to drop over the last two months, but that’s still more than the national average. The state’s rate was 8 percent in October, down from 8.3 percent in September and 8.7 percent in August, the state Commerce Department said today. Numbers for September were published today because some offices were closed when they were scheduled to be released during the federal government shut down.

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Transportation
8:17 am
Fri November 22, 2013

Light Rail Advisory Committee Holds First Meeting On Orange-Durham Corridor (Video)

An artist's rendering of a proposed light rail station in downtown Durham.
Credit Triangle Transit Authority

An advisory committee is set to meet for the first time to make recommendations for the next steps in building a light rail line in Orange and Durham counties. 

The group of government representatives, university officials, and business leaders convenes Friday morning in Chapel Hill.  Triangle Transit Authority plans to build a 17-mile line from UNC Hospitals to downtown Durham. 

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Business & Economy
6:22 pm
Thu November 21, 2013

Business Plans To Scale Back Natural Gas Research In Lee County

A farm in Lee County
Credit Donald Lee Pardue via Flickr

An energy company that’s exploring the potential for natural gas drilling in North Carolina is scaling back research efforts in Lee County. 

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Business & Economy
8:59 am
Tue November 19, 2013

Duke Energy Offers Renewable Energy Option To Big Customers

Credit Duke Energy

Duke Energy is introducing a program to provide its largest customers with renewable power.   The utility's 'Green Source Rider' initiative would give companies that use large amounts of power an option to use renewable energy in their new or expanded facilities.

Duke Energy will ask participating customers what their new power preference is: wind, solar or some other source.  Spokesman Jeff Brooks says it's then up to the utility to find them ample amounts..

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Business & Economy
11:34 am
Mon November 18, 2013

New Business Model For NC Cooperative Extension

The NC National Guard visits a 4-H camp.
Credit NC National Guard / Flickr Creative Commons

The North Carolina Cooperative Extension wants communities across the state to help the organization change its business strategy. 

The Cooperative Extension is in the middle of a series of 12 meetings to adjust to budget cuts.  The group funds agricultural, nutrition and youth education programs like 4-H camps.  Four of those camps are shutting down by the end of the year. 

Cooperative Extension director Joe Zublena  says he's asking people for feedback about which programs matter the most.

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Business & Economy
10:22 am
Fri November 15, 2013

Asheville Aviation Ascends

Construction of a new aviation manufacturing facility is underway in Asheville. GE Aviation broke ground on a $ 124 million plant this week. The site will produce CMC's (ceramic matrix composite) materials, for jet engines. The CMCs replace metal and make for a more efficient engine with better combustion and less emissions.  "This material has been in development, at least in our research labs for almost years.. It's used in small scale production in rocket loaders.

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Business & Economy
7:26 am
Thu November 14, 2013

Chapel Hill Wants Luxury Theater To Attract More Regional Business

An artist's rendering of the theater's facade planned for University Mall in Chapel Hill
Credit Madison Marquette Retail Services

Leaders in Chapel Hill say they hope a luxury movie theater moving into a local mall will bring in more shoppers from out of town. 

Silverspot Cinema says it will open the facility with 13 theaters at University Mall in two years. 

The theater will replace Dillard's department store, which has been there since 1973.  Silverspot says it will offer leather chairs in the theaters, a lounge, and special screenings of live events like opera. 

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The State of Things
12:13 pm
Tue November 12, 2013

50th Anniversary Of The North Carolina Fund

"To Right These Wrongs: The North Carolina Fund and the Battle to End Poverty and Inequality in 1960s America" By Bob Korstad and Jim Leloudis
Credit UNC Press / uncpress.unc.edu

    

In 1963, almost a quarter of North Carolinians were living in poverty. 

Governor Terry Sanford and his political associates decided it was time to get creative about building a strategy for eradicating poverty in the state. And with that, the North Carolina Fund was born.  The Fund was a way to sponsor community organizing initiatives in local communities across the state, particularly by getting poor people involved directly.

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