Monday - January 26, 2015
Business News
Thursday Business News
Written by Josh Zach   
Thursday, 22 January 2015 10:49

(WINSTON-SALEM, NC) -- Krispy Kreme announced Thursday that it's extended an agreement with LLC Doughnuts Café, to include the development of 15 new doughnut shops in Russia --  throughout the greater St. Petersburg area over the next five years -- Krispy Kreme’s beein in the Moscow-area since April 2012.


(RALEIGH, NC) -- The federal government is inviting the public to comment on an environmental assessment that supports wind energy development off North Carolina. The public can submit comments through the Bureau of Ocean Energy Management's website or attend three public meetings in February along the coast.


(CHARLOTTE, NC) -- Chiquita expects its move from Charlotte to cost between $25 million and $40 million. Tthe company said Wednesday the estimate includes severance payments for employees and refunds to state and local governments for incentives paid to attract the headquarters. The company is leaving Charlotte after its $680 million acquisition by two Brazilian companies that took Chiquita private.

 
Business News
Written by Josh Zach   
Thursday, 22 January 2015 06:26

(UNION COUNTY, NC) -- Generic drug-maker Glenmark is considering a $9.5 million expansion for its Monroe manufacturing plant, even before production begins in April. The Indian pharmaceutical company last summer announced it was investing $17 million in Monroe to open its first North American manufacturing site.

(ALTOONA, PA) -- Sheetz Convenience Stores says it will soon offer an E15 fuel in North Carolina. The Pennsylvania company says installations for the option containing 15% ethanol will begin early this year at 60 locations in the state, with sales likely to begin in Spring, 2016. E15 is only approved for vehicles built after 2001.

(MOORESVILLE, NC) Lowe's said Wednesday it plans to hire about 30,000 seasonal workers at its U.S. stores for the busy Spring season – mostly in customer service. The Mooresville based home improvement retailer employs about 260,000 in more than 1,800 stores in the U.S., Canada and Mexico

 
Earth Fare CEO Gets To work
Written by Staff Reports   
Tuesday, 13 January 2015 16:31

ASHEVILLE – Earth Fare, a natural and organic grocery store chain, is announcing that Frank Scorpiniti has been named the company’s new CEO.

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