ChannelAdvisor.(Triangle)
MORRISVILLE -- ChannelAdvisor, which helps businesses sell products
online, purchased New York-based software developer RichFX for about $3
million. RichFX customers include Wal-Mart, Brooks . . .
UNC Health Care System.(Triangle)
SILER CITY -- UNC Health Care System purchased Chatham Hospital for
$11.3 million. It has managed the 25-bed hospital since . . .
Capitol Broadcasting.(Triangle)
RALEIGH -- Capitol Broadcasting plans to buy six radio stations in
Wilmington from Greenwood Village, Colo.-based NextMedia Group for $12
million. It still needs regulatory . . .
Nextreme.(Triangle)
DURHAM -- Nextreme, which is developing devices to cool electronic
parts, raised $13 million in a round of financing led by Chart Venture
Partners of New York. It employs about 40. Other investors . . .
Sensus Metering Systems.(Triangle)
RALEIGH -- Sensus Metering Systems, which makes electric meters, is
expanding its headquarters here and plans to add 40 workers, nearly
doubling employment. The expansion was expected to be . . .
Addrenex Pharmaceuticals.(Triangle)
DURHAM -- Addrenex Pharmaceuticals reached a development deal
potentially worth more than $200 million with Atlanta-based Sciele
Pharma. Addrenex is working on treatments for hypertension and . . .
Etrials Worldwide.(Triangle)
MORRISVILLE -- Eugene Jennings, 54, resigned after a year as CEO of
etrials Worldwide. The software developer says Jennings left for family
reasons. Its first-quarter loss doubled to $2 million . . .
Charles & Colvard.(Triangle)
MORRISVILLE -- Bob Thomas, 60, resigned as CEO and chairman of
Charles & Colvard. The maker of moissanite gemstones saw
first-quarter sales drop more than 41% in 2008. President Dennis Reed
will . . .
GlaxoSmithKline.(Triangle)
ZEBULON -- GlaxoSmithKline will lay off 90 workers by
October--leaving about 875-as part of a companywide cost-cutting
measure. The British drug maker employs about 5,500 in the . . .
Eaton.(Triangle)
YOUNGSVILLE -- Eaton opened a plant that employs about 100. The
Cleveland-based electrical-equipment maker occupies part of a factory
once used by Flextronics International, which closed last . . .
IBM.(Triangle)
RESEARCH TRIANGLE PARK -- IBM will spend $360 million to build a
data center as part of its cloud-computing effort, which uses a
scattered network of computers to process data. In an . . .
Uniboard Canada.(Triangle)
MONCURE -- Uniboard Canada plans to spend $120 million to build a
fiberboard factory that will employ more than 100. The Laval,
Quebec-based manufacturer also bought a particleboard plant that . . .
N.C. State University.(Triangle)
RALEIGH -- N.C. State University is reviewing more than 800
employment contracts because it misunderstood a UNC system policy on
raises. The system must approve raises of more than 15% and $10,000. . . .
Novant Health.(Triangle)
HOLLY SPRINGS -- Winston-Salem-based Novant Health wants to build a
46-bed, $110 million hospital that would employ more than 200. But it
must win state approval before it can begin construction, . . .
HCL Technologies.(Triangle)
RALEIGH -- HCL Technologies plans to open an office that will
employ more than 500 in Wake County within five years. The technology
consultant, based in Noida, India, hasn't picked a . . .
Working capital.(Triangle)
TRIANGLE REGION
Jobs: 924,240
YTD change: (2,683)
Index: 112.1
Source: Employment Security Commission, May. Figures are not
seasonally adjusted. The index is the number of jobs as a . . .
Credit stunts growth of tallest building.(Triangle)
Soleil means sun in French. And the Soleil Center hotel-condo tower
proposed for northwest Raleigh would reach closer to it than any of its
immediate neighbors. When finished, it will be the city's . . .
Nokia Siemens Networks.(Eastern)
GREENVILLE -- Finland-based Nokia Siemens Networks took over
operation of an 83-employee call center for Embarq, a Kansas-based phone
company. No layoffs are planned. Terms were not revealed.
For . . .
The North Carolina Eastern Region Military Task
Force.(Eastern)
JACKSONVILLE -- The North Carolina Eastern Region Military Task
Force received a federal grant of nearly $1.6 million to plan for Marine
Corps expansion. The number of troops and dependents on . . .
EUE Screen Gems Studios.(Eastern)
WILMINGTON -- New York-based EUE Screen Gems Studios is building a
37,500-square-foot film and television production stage, which it says
will be the largest on the East Coast. The stage will . . .
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