Companies & People
Bank OZK plans first full-service Raleigh branch
RALEIGH - Bank OZK plans to open its first full-service Raleigh branch at 3481 Wake Forest Road and is recruiting employees for the location.
NC Business Desk
News
Companies & People
Two sister restaurant concepts plan spring 2027 Durham opening
DURHAM - Chefs Alex Catotti and Erin Kobler plan to open two sister restaurant concepts at 949 Washington Street in spring 2027.
Companies & People
Sumit Sukhramani joins Truist as head of lending technology
CHARLOTTE - Sumit Sukhramani has joined Truist as head of lending technology after serving in technology leadership roles at Wells Fargo.
Development & Infrastructure
Johnson Brothers buys new Garner headquarters property for about $21.25M
GARNER - Johnson Brothers' North Carolina distribution business has acquired the property for its new Wake County headquarters for about $21.25 million.
Development & Infrastructure
Volaris files plans for proposed nonstop RDU-Guadalajara service
MORRISVILLE - Volaris has filed plans for proposed nonstop service between Raleigh-Durham International Airport and Guadalajara, Mexico, beginning Oct. 2.
Companies & People
Partners Real Estate enters North Carolina with Raleigh-based development unit
RALEIGH - Partners Real Estate has entered North Carolina with a Raleigh-based occupier growth and development practice led by former Floor & Decor executive Bryan Dodge.
Companies & People
Jaccob Slavin joins Prime STQ as business partner ahead of 2027 opening
DURHAM - Carolina Hurricanes defenseman Jaccob Slavin has joined pitmaster Christopher Prieto as a business partner in Prime STQ, a barbecue-and-steakhouse restaurant planned for Research Triangle Park.
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.
Development & Infrastructure
NC opens $2.5M coastal-resilience grant round for local governments
MOREHEAD CITY - North Carolina is accepting applications for approximately $2.5 million in grants to help eligible coastal communities design and build projects addressing flooding, storm surge and…
Economy & Workforce
Propel NC enters first budget cycle with $57.5M recurring allocation
RALEIGH - North Carolina's community college system is entering its first budget cycle under Propel NC, backed by $57.5 million in recurring state funding to reshape how the…
Economy & Workforce
Lowe’s Foundation launches coalition targeting 1 million skilled-trades workers
MOORESVILLE - Lowe's Foundation launched a national coalition with more than 75 organizations aimed at helping train and develop 1 million people for skilled-trades careers by 2035.
Government & Business
North Carolina joins FTC lawsuit alleging Amazon ad-auction overcharges
RALEIGH - North Carolina joined the Federal Trade Commission and 21 other states in suing Amazon, alleging the company secretly inflated advertising-auction prices and overcharged more than 1.2…