Business briefs Nov. 27

Nov. 26, 2013 @ 05:49 PM

Durham-Chapel Hill foreclosure rates down

DURHAM -- Foreclosure rates in Durham-Chapel Hill fell in September compared with the same period last year, according to newly released data from CoreLogic.

The rate of foreclosures among outstanding mortgage loans in the area was 0.94 percent for the month, down from September 2012’s rate of 1.55 percent.

Foreclosure activity in Durham-Chapel Hill was also lower than the national foreclosure rate of 2.29 percent for September 2013.

Also in Durham-Chapel Hill, the mortgage delinquency rate decreased. According to CoreLogic data for September, 3.62 percent of mortgage loans were 90 days or more delinquent compared to 4.59 percent for the same period last year, representing a decrease of 0.97 percentage points. CoreLogic is an information, analytics and services provider.

Bayer CropScience announces grants to N.C. nonprofits

DURHAM – The Bayer USA Foundation has awarded more than $70,000 to nonprofit groups in North Carolina, including to the John Avery Boys & Girls Club of Durham, according to a news release.

The gifts are part of the Bayer USA Foundation’s nearly $1.5 million in grants to nonprofits nationwide for the first half of 2013.

The grants support initiatives in STEM, or science, technology, engineerin, and math, education, as well as to other social service and community development initiatives in several of Bayer’s major business communities in the United States.  

“As an innovative company, Bayer remains committed to improving science literacy and creating a diverse pipeline of STEM talent in the United States,” said Jim Blome, president and CEO of Bayer CropScience LP.

Leadership Triangle Awards Gala to be Dec. 9

DURHAM  --  Several hundred people are expected at Bay 7 of the American Tobacco Campus in Durham Dec. 9 for the Leadership Triangle Awards Gala.

The gala will feature the 11th Annual Goodmon Awards, named for James F. Goodmon, president and CEO of Capitol Broadcasting Corp.  

Regional leaders will receive Goodmon Awards in one of five categories: community service, economic development, arts/entertainment/sports, the Goodmon Fellow (which is chosen from among the alumni of the Leadership Triangle leadership program) and strategic partnership.   

The Leadership Triangle Hall of Fame was formed last year to recognize leaders who have created a lasting legacy of impact and excellence. The first inductee was James F. Goodmon. The second Hall of Fame recipient is expected to be inducted at the gala.

The gala will include a meal provided by the Angus Barn and a live auction of unique gifts. This annual event is the fundraiser for Leadership Triangle, leadership program.

Presented by Carolina Hurricanes, the gala will be at 5:30 p.m. The event is open to the public, but registration is required at The deadline to register is Dec. 2.