Business: Local and State

Apr. 29, 2013 @ 09:15 PM

Farmhand Foods to change name to settle dispute

Farmhand Foods, a Durham-based distributor of pasture-raised meat products from North Carolina farms, will change its name Wednesday to end a trademark dispute involving a Smithfield Foods Inc. pork products subsidiary.


Apr. 28, 2013 @ 04:23 PM

CAREER BRIEFS

Freelon Group announces award


Apr. 26, 2013 @ 06:21 PM

Quintiles could raise more than $907 million in IPO

Durham-based Quintiles, a company that manages clinical trials for drug development companies among other services, could raise as much as $907.8 million in its initial public offering.


Apr. 25, 2013 @ 07:14 PM

‘Smoffice’ initiative gets international recognition

An initiative launched last year to attract entrepreneurs to downtown Durham by offering a free, tiny office space in the front of a downtown café has won international recognition.


Apr. 25, 2013 @ 07:07 PM

Business briefs

Cardinal State Bank will be rebranded as Yadkin Bank on May 28.


Apr. 24, 2013 @ 07:25 PM

Business Briefs

Self-Help Ventures Fund in Durham has been awarded $25 million in tax credits that it can, in turn, use to try to attract private capital investments in low-income or distressed areas.


Apr. 24, 2013 @ 07:22 PM

Tech job hunters seek opportunities at Durham fair

For the first time in 28 years, Bernita Nichols said she’s looking for a job since the closure of the Flextronics Americas contract electronics manufacturing plant in Creedmoor, where the company made Redbox kiosks.

At a job fair at the Sheraton Imperial Hotel & Convention Center held Wednesday to showcase openings of Triangle technology companies, Nichols said she found companies with software development and other technology-related openings, as well as employers looking for a range of certifications in potential candidates.


Apr. 24, 2013 @ 06:34 PM

Durham’s Tranzyme to move HQ in merger with California company

Tranzyme Pharma, a Durham-based biopharmaceutical company that discontinued clinical trials for two drug candidates last year, is planning to merge with private drug developer Ocera Therapeutics Inc. in an all-stock deal.


Apr. 23, 2013 @ 09:33 PM

Downtown bar holds soft opening Wednesday

Located between a shoe repair shop and an attorney’s office, the wine and beer bar Bar Lusconi is expected to open downtown Wednesday in a narrow, 600-square-foot space on East Main Street.


Apr. 23, 2013 @ 06:40 PM

Cree reports revenue growth

Durham-based Cree Inc. reported revenue growth of 23 percent in the third quarter as it saw increased sales of commercial indoor lighting fixtures and with the release of its new, consumer-targeted LED light bulb.


Apr. 22, 2013 @ 04:28 PM

McKinney tapped as ad agency for Royal Canin’s U.S. business

Durham-based McKinney was named as the advertising agency-of-record for pet food provider Royal Canin’s U.S. business, according to a news release sent Monday.


Apr. 22, 2013 @ 04:14 PM

FoodLogiQ software aims to help track produce value chain

Durham-based FoodLogiQ has developed web-based software to track produce from the farm to the restaurant or grocery store and at steps in-between. Now the company is looking to hire additional workers to improve the product.


Apr. 22, 2013 @ 10:39 AM

Tech companies target the right talent

Parata Systems, a Durham-based company that sells automatic pharmaceutical dispensing as well as packaging technology, hired for about 70 positions last year, which included some promotions or lateral moves, said Mindi McLendon, the company’s vice president for human resources.


Apr. 21, 2013 @ 02:27 PM

CAREER BRIEFS

New president, new office location for DTW Architects


Apr. 19, 2013 @ 07:16 PM

Business briefs

RTI International, a nonprofit research institute in the Durham County side of the Research Triangle Park, has been awarded a $96 million contract with the Australian Agency for International Development.