Cambria.(Charlotte)
CHARLOTTE -- Le Sueur, Minn.-based Cambria, which makes quartz
countertops, flooring and other products, opened a factory that will
employ about 80 here. The company says it spent $4 million on the . . .
Exactech.(Charlotte)(Exactech Inc. acquired ALTIVA Corp.)(Brief
article)
CHARLOTTE -- Gainesville, Fla.-based medical-device maker Exactech
acquired Altiva, which makes spinal implants and related products, for
$25 million. Altiva will operate as a subsidiary of . . .
Parkdale Mills.(Charlotte)
GASTONIA -- Parkdale Mills purchased Rio Rancho, N.M.-based US
Cotton, which makes private-label cotton balls, pads and other products
at factories in Charlotte, Cleveland, Montreal and Rio Rancho. . . .
Cogdell Spencer.(Charlotte)(Marshall Erdman and Associates
Inc.)(Brief article)
CHARLOTTE -- Cogdell Spencer, a real-estate investment trust,
agreed to pay $247 million for Madison, Wis.-based Marshall Erdman and
Associates, which specializes in the planning, design and . . .
Hickory Brands.(Charlotte)
HICKORY -- Nissan Joseph, 43, resigned as CEO of Hickory Brands,
which makes shoe polish, cleats, insoles and laces. He took a job as
chief operating officer of Birmingham, Ala.-based . . .
Carolinas HealthCare System.(Charlotte)
MONROE -- Charlotte-based Carolinas HealthCare System hired Michael
Lutes, 36, as president and CEO of its Carolinas Medical Center-Union
hospital. Lutes is the former CEO of Greenbrier Valley . . .
BofA will reach the top with Countrywide deal.(Charlotte)
Charlotte-based Bank of America is set to add "largest U.S.
mortgage lender" to its list of credits, following the news it
intends to purchase financially troubled Countrywide Financial in a . . .
Working capital.(Charlotte)
CHARLOTTE REGION
Jobs: 1,056,590
YTD change: 9,440
Index: 109.8
Source: Employment Security Commission, November. Figures are not
seasonally adjusted. The index is the number of jobs as a . . .
Detention center slips across river to Gaston.(Charlotte)
Hey, Mecklenburg County: You snooze, you lose. Gaston County has
taken center stage as the possible site of a detention center for
illegal immigrants after the project's main proponent, Rep. . . .
Remington Arms.(Triad)
MADISON -- Gun and ammunition maker Remington Arms bought North
Haven, Conn.-based Marlin Firearms, which makes rifles and shotguns. The
family-owned company also owns the Harrington and . . .
Pace Airlines.(Triad)
WINSTON-SALEM -- Pace Airlines has begun adding about 70 employees
at its heavy-maintenance base at Smith Reynolds Airport. The jobs, with
annual salaries averaging $50,000, will bring the . . .
Hanesbrands.(Triad)
WINSTON-SALEM -- Hanesbrands plans to close plants in Advance and
Asheboro by the end of June, idling about 120. The plants make elastic
fabric used in waistbands for women's underwear. The apparel . . .
RF Micro Devices.(Triad)
GREENSBORO -- RF Micro Devices, which makes power amplifiers for
cell phones, plans to buy Filtronic Compound Semiconductors for about
$24.8 million. The company, a subsidiary of United . . .
Krispy Kreme Doughnuts.(Triad)
WINSTON-SALEM -- Krispy Kreme Doughnuts named James Morgan, 60, to
replace Daryl Brewster as president and CEO. Morgan also will remain
chairman. Brewster, 51, resigned, citing personal reasons. He . . .
Laboratory Corporation of America Holdings.(Triad)
BURLINGTON -- Medical tester Laboratory Corporation of America
Holdings purchased Utah-based clinical researcher Tandem Labs. Terms
were not disclosed. Tandem will become part of . . .
GoldToeMoretz.(Triad)
BURLINGTON -- GoldToeMoretz plans to close its factory here by the
end of June, idling about 425, and expand production offshore. The
Newton-based sock maker will still employ about 850 in North . . .
Home is where the heart is--and incentives are.(Triad)
TransTech Pharma and its PharmaCore spinoff agreed to stay in High
Point and add more than 200 high-paying jobs within five years. In
return, they will get nearly $10 million in state and local . . .
Working capital.(Triad)
TRIAD REGION
Jobs: 781,442
YTD change: (3,783)
Index: 102.3
Source: Employment Security Commission, November. Figures are not
seasonally adjusted. The index is the number of jobs as a . . .
Furniture making may come back--literally.(Triad)
All three events occurred within a week. Asheboro-based Klaussner
Furniture Industries said it was closing a plant in its hometown.
Norfolk, Va.-based furniture importer Ison International . . .
Clinipace.(Triangle)
RESEARCH TRIANGLE PARK -- Clinipace, which makes software used by
drug companies to collect and manage data generated by clinical trials,
raised $2.6 million in a funding round led by Durham-based . . .
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