Business

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 @ 04:26 PM

Duke-led study finds minorities pay more for housing

A Duke University-led analysis of home sales in four major U.S. metropolitan areas found that black and Hispanic homebuyers paid about 3.5 percent more for comparable homes than white buyers.


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. 20, 2013 @ 03:20 PM

Chocolate shop to open in June

The chocolate and pastry shop Miel Bon Bons moved from Carrboro to Durham and will open its retail shop to the public in June, said owner, pastry chef and chocolatier Bonnie Lau.


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.


Apr. 18, 2013 @ 07:28 PM

Business Briefs

PSNC Energy has filed a request for a cost-of-gas-related rate increase with the N.C. Utilities Commission.


Apr. 17, 2013 @ 08:07 PM

More residents spending more income on housing in Durham

The share of residents spending 35 percent or more of their household incomes on rent has grown in Durham, according to a city report on affordable housing.

More than 30 percent of people spent 35 percent or more on rent, according to 2000 U.S. Census data cited in the report, “2012 Analysis of Impediments to Fair Housing Choice for the City of Durham.”

That share grew to 37.6 percent in the five-year 2006-2010 American Community Survey estimates.


Apr. 17, 2013 @ 06:55 PM

Business briefs

The National Institute of Health Sciences is holding its 16th annual Biomedical Career Fair April 26 at the Research Triangle Park campus of the U.S. Environmental Protection Agency.


Apr. 17, 2013 @ 09:01 AM

Appia secures a $5 million loan primarily for marketing

Appia, the Durham-based technology company that builds and runs mobile app stores, announced Wednesday that it has secured $5 million in debt financing from a Maine-based venture capital firm.

The company plans to use the financing from Portland, Maine-based North Atlantic Capital, as well as an expansion of an existing financing arrangement with Silicon Valley Bank, primarily for sales and marketing efforts, according to a news release. Jud Bowman, Appia’s founder and CEO, said the company is looking to speed up its revenue growth.