UNC Hospitals sees operating income growth
DURHAM – UNC Hospitals’ operating income grew about 10 percent in the first six months of its fiscal year through Dec. 31 to more than $45.45 million.
That’s according to financial information posted on the Municipal Security Rulemaking Board’s Electronic Municipal Market Access website.
UNC Hospitals’ net patient service revenue in the period was up about 6 percent to $602.8 million. Its total operating expenses were up 5 percent to about $570.8 million. It salary and benefits costs were up about 2 percent to $318 million.
Terminal 1 opening delayed
MORRISVILLE – The Raleigh-Durham International Airport’s Terminal 1 will not open on March 2 as originally planned, the airport director announced Thursday.
The renovated terminal cannot open yet because of weather-related delays in the construction of the aircraft parking area.
Low temperatures prevented crews from pouring the pavement. A new opening date is expected to be announced in March.
Also on Thursday, RDU announced that the two United Airlines daily flights from RDU to Cleveland would be affected by the closure of the airline’s hub at the Cleveland International Airport.
United’s two daily flights to Cleveland end March 31. Delta will begin service June 5 between RDU and Cleveland in June with one daily round-trip flight.
Burr visits Durham’s Earl Energy
DURHAM –U.S. Sen. Richard Burr, R-NC, got a look Thursday at the hybrid generator technology of Earl Energy at the company’s Durham office.
The company says the technology has been used by the U.S. Marine Corps, the U.S. Army, and the U.S. Navy SEALs to reduce fuel consumption, maintenance and emissions.
The Virginia-based company now employs 20. The office in Durham opened as a research and development location, and now employs 15 of the total workforce.
Cree named to MIT Technology Review list
DURHAM – Durham-based LED lighting company Cree Inc. has been named to MIT Technology Review’s list of the 2014 50 Smartest Companies, the company announced recently.
For the list, the magazine’s editors look for companies that have demonstrated original and valuable technology over the past year, are bringing that technology to market at significant scale and are clearly influencing their competitors.
Cree has released products recently including a consumer-targeted LED Bulb, new street light technology, and a self-programming wireless lighting-control system.
Durham’s PurThread collaborating with Kodak
DURHAM – PurThread Technologies Inc., a Durham-based company behind antimicrobial fabrics, has entered into a development agreement with Eastman Kodak Co., the company announced this week.
According to a release, Kodak brings expertise in materials science to the collaboration, while PurThread offers textile manufacturing knowledge.
According to a news release about the collaboration, PurThread embeds an antimicrobial agent from Kodak, which is a proprietary version of a silver salt, into synthetic fibers before they are spun into yarn and woven into fabrics.
The process is meant to ensure that the antimicrobial effects of the fabric are uniform and constant throughout the life of the product.
“This (agreement) builds on our promising collaboration with PurThread to embed Kodak’s technology into fabrics,” said Tom McHugh, general manager for materials and technology and business development for Kodak’s digital printing and enterprise segment. “The demand for antimicrobial surfaces is only going to grow in response to infection prevention efforts around the globe.”