Companies & People

Transcat acquires Granite Falls biomedical-services company for $12.8M

GRANITE FALLS - Transcat Inc. has acquired Granite Falls-based Southeastern Biomedical Associates for $12.8 million in cash, expanding the buyer's biomedical-equipment calibration and repair business.

September 2, 2026

Companies & People

Fogo de Chão opens first North Carolina restaurant in Charlotte

CHARLOTTE - Fogo de Chão opened its first North Carolina restaurant in Uptown Charlotte, a 220-seat location expected to provide more than 100 local jobs.

September 1, 2026

Companies & People

JetZero secures up to $100M for Greensboro Z4 factory buildout

GREENSBORO - JetZero said it closed a senior secured term loan facility of up to $100 million to support development of its Z4 aircraft and buildout of manufacturing…

September 1, 2026

Companies & People

YMCA of Northwest North Carolina names Donna Rodgers president and CEO

WINSTON-SALEM - The YMCA of Northwest North Carolina has named Donna Rodgers president and CEO after she served as interim chief executive since May.

August 31, 2026

Companies & People

Curtiss-Wright lands about $40M in Leidos contracts for Army air-defense system

DAVIDSON - Curtiss-Wright Corporation said Aug. 31 it has been awarded contracts by Leidos valued at approximately $40 million to supply actuation technology and mission computers for a…

August 31, 2026

Companies & People

Tenax narrows next Phase 3 trial after LEVEL misses main goal

CHAPEL HILL - Tenax Therapeutics plans to narrow enrollment in its next Phase 3 trial after TNX-103 missed the primary and key secondary endpoints in the LEVEL study,…

August 30, 2026

Companies & People

NN asks shareholders to double authorized common shares

CHARLOTTE - NN Inc. is asking shareholders to increase its authorized common stock to 180 million shares from 90 million at a Sept. 30 special meeting in Charlotte.

August 29, 2026

Companies & People

Oxford manufacturer Plantd launches biochar product line

OXFORD - Plantd has launched a biochar product line made from a byproduct of the perennial grass used in its structural panels, expanding the Oxford manufacturer into agricultural…

August 29, 2026

Companies & People

Sonic Automotive adds sixth Porsche dealership with Walnut Creek acquisition

WALNUT CREEK, Calif. - Charlotte-based Sonic Automotive acquired Porsche Walnut Creek and related real estate in a transaction that closed Aug. 25, adding a sixth Porsche dealership to…

August 28, 2026

Companies & People

Truist says $725 million Western NC recovery effort passes halfway mark

CHARLOTTE - Truist says its three-year, $725 million Western North Carolina recovery commitment has passed the halfway mark, with small-business, commercial real estate and home-mortgage lending ahead of…

August 28, 2026

Companies & People

FDA approves Priovant’s Lisraya as first oral dermatomyositis treatment

DURHAM - The U.S. Food and Drug Administration has approved Priovant Therapeutics' Lisraya for adults with dermatomyositis, giving the Durham biotechnology company approval for the first oral treatment…

August 27, 2026

Companies & People

$40 million lumber-treatment plant to bring 43 jobs to Scotland County

LAURINBURG - Great Southern Wood-NC plans a $40 million lumber-treatment facility at Laurinburg-Maxton Airport, creating 43 jobs with above-average pay.

August 27, 2026

Category: Companies & People