Durham-based lighting maker Cree Inc. will receive $30 million in tax credits from the U.S. Department of Energy for an expansion of its manufacturing operations in Durham and in Racine, Wis., the department announced Thursday.
After 11 years working at the fabric shop, Diane Tatreau was vacuuming out the near-empty space Thursday.
Some signs such as “linen and cords” and “foam” were still up, most of the inventory was gone from Not Just Linens, a drapery and upholstery fabrics store on Durham-Chapel Hill Boulevard.
Durham-based lighting maker Cree Inc. has won $30 million in tax credits from the U.S. Department of Energy in order to expand its manufacturing operations in Durham and in Racine, Wis.
Triangle home sales were up 9.6 percent in November, ending the streak of double-digit increases seen monthly in the year.
More than 30 years ago, Carol Peppe Hewitt and her husband bought an old farmhouse in Pittsboro so her husband could launch a pottery workshop there. With a loan from a family member, they were able to launch the pottery business that’s still in operation today.
Toshiba Global Commerce Solutions, the store checkout and operations technology business that IBM Corp. agreed last year to sell to Toshiba Tec, has signed a lease for nearly 82,000 square feet in Durham.
The largest office tenant in the new downtown Diamond View building, FHI 360, has moved into its new office space.
Nearly half of U.S. chief financial officers polled in a Duke University survey said they were reluctant to hire full-time workers because of the health care overhaul, according to a Duke Office of News & Communications release about the survey findings.
An Israel-based manufacturer of fabrics used in diapers, wet wipes and other products plans to expand its Person County plant, adding 60 jobs and investing $35 million over three years.
Wal-Mart Stores Inc. is planning to open a distribution center for perishable grocery items in Alamance County, creating 450 jobs and investing $100 million across three years.
The facility will serve 123 Walmart stores in North Carolina and in surrounding states, Gov. Pat McCrory and N.C. Secretary of Commerce Sharon Decker said in an announcement Tuesday.
Ramen noodle bowls are expected to take center stage on the menu of a new downtown restaurant and gastropub that plans to open downtown next summer.
After she was diagnosed more than two years ago as gluten-and-dairy-intolerant, Betty Cogdell said she didn’t find bread products she liked in stores. So she decided to make her own.