The president and chief operating officer of Durham-based Quintiles Transnational Holdings Inc. has resigned, the company announced Thursday.
Wine-making was a hobby that got out of control for Andy Zeman, who is the co-owner of the family-owned winery Benjamin Vineyards & Winery.
After retiring from the cigarette making company Liggett Group, Zeman said he and his wife launched a winery on land in Alamance County near Saxapahaw. Previously, he said land was farmed for tobacco, and was also used as horse pasture.
At the company’s annual meeting, Cree Inc. CEO Chuck Swoboda said the lighting company has made a “big investment” in marketing its new consumer-targeted LED light bulbs as part of a brand-building strategy.
Off West Chapel Hill Street across from the Durham police headquarters, the frame of a new apartment complex is nearing completion.
The 338-unit complex known as “605 West” is targeted for graduate students and young professionals, and is expected to have units starting at a rate of $880 per month. That’s the expected rate for an individual lease in a two-bedroom apartment.
Other than seeing them in the lab, the president and part-owner of Durham-based Clegg’s Termite & Pest Control could only remember seeing one bed bug in an approximately 30-year span.
“Now they’re everywhere,” said Phil Clegg, the president of the termite and pest control company. The company, started in 1964, now has a third generation of the Clegg family working at the business.
Chapel Hill entrepreneurs can find out more about an accelerator program for businesses at sessions to be held Monday and Nov. 12.
The Radisson Hotel was built as the first and only hotel in the Research Triangle Park, and Ron Hunter said he’s been there since the beginning.
The 63-year-old is now general manager of the hotel, which first opened in 1972 as an independent hotel named the Governor’s Inn.
Following a foreclosure and sale of the property earlier this year, the Southpoint Hotel off of Renaissance Parkway near The Streets at Southpoint went through a name and ownership change.
Now the hotel has been sold again, and it’s expected to undergo another change. It’s planned to open as Fairfield Inn & Suites hotel, said Kirk Bradley, a developer and an investor who said he partnered in the hotel’s purchase with the Raleigh-based hotel operator Summit Hospitality Group.
Durham-based lighting maker Cree Inc. reported Tuesday that its first-quarter profits were up 89 percent due to stronger lighting product sales and higher margins, but total revenues just missed analysts’ expectations.