Magic Mile Media, Inc. – Page 2

Economy & Workforce

Boater’s World plans Chocowinity plant with 179 jobs

CHOCOWINITY - Boater’s World Manufacturing Group plans to create 179 jobs and invest more than $6 million in a 212,000-square-foot waterfront campus in Beaufort County.

September 8, 2026

Development & Infrastructure

Corning signs multibillion-dollar fiber deal with Verizon

HICKORY - Verizon and Corning have signed a multibillion-dollar agreement covering more than 80 million miles of high-density optical fiber and connectivity products from 2027 through 2032.

September 8, 2026

Companies & People

MSC Industrial Supply names Rob Kuhns chief financial officer

DAVIDSON - MSC Industrial Supply Co. named Rob Kuhns executive vice president and chief financial officer, ending an interim period in the role.

September 8, 2026

Government & Business

G20 ministers back Carolina Principles at Chapel Hill summit

CHAPEL HILL - G20 ministers meeting in North Carolina backed the Carolina Principles, a framework calling for flexible technology policy, research investment and trusted deployment.

September 8, 2026

Companies & People

Vertiv agrees to buy Raleigh power firm for up to $2.6 billion

RALEIGH - Vertiv has agreed to acquire Raleigh-based UtilityInnovation Group for about $1.45 billion at closing, with up to $1.15 billion more tied to earnings targets.

September 8, 2026

Companies & People

flyExclusive moves corporate headquarters to Raleigh

RALEIGH - flyExclusive has moved its corporate headquarters from Kinston to Raleigh, bringing more than 120 employees and senior leaders to One North Hills.

September 8, 2026

Companies & People

Albemarle names Ragnar Udd as next CEO

CHARLOTTE - Albemarle has named BHP executive Ragnar Udd as its next president and CEO, effective Feb. 1, 2027.

September 8, 2026

Development & Infrastructure

Raleigh office building sells for $24.225 million

RALEIGH - Pharr has purchased the 702 Oberlin office building near Raleigh's Village District from Beacon Partners for $24.225 million.

September 8, 2026

Economy & Workforce

Partnership says UNCW, CFCC nursing capacity grew 77.5%

A New Hanover County workforce partnership backed by a $22.3 million investment says nursing enrollment capacity at UNCW and Cape Fear Community College has grown 77.5% since 2023.

September 7, 2026

Economy & Workforce

North Carolina awards 50 technology grants to 46 small businesses

RALEIGH - North Carolina awarded 50 grants totaling nearly $2.5 million to 46 small businesses developing technologies in sectors from health care to space.

September 7, 2026

Development & Infrastructure

BorgWarner reaffirms Hendersonville turbine launch for 2027

HENDERSONVILLE - BorgWarner has reaffirmed plans to begin turbine-generator production in Hendersonville in 2027, with more than $300 million in sales expected during the first year.

September 7, 2026

Development & Infrastructure

STERIS plans $600M Sanford manufacturing hub, 335 jobs

SANFORD - STERIS plans to invest $600 million in a 600,000-square-foot manufacturing and distribution center expected to create about 335 jobs in Lee County.

September 7, 2026

Author: Magic Mile Media, Inc.