News

Development & Infrastructure

ACWR opens first phase of 30-acre Candor Logistics Park

CANDOR - Aberdeen Carolina and Western Railway has opened the first phase of a 30-acre transload and distribution park in Montgomery County, with capacity for more than 100…

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

Development & Infrastructure

DP World adds weekly Europe-Wilmington LCL freight service

WILMINGTON - DP World has launched a weekly less-than-container-load ocean-freight service linking Wilmington with European consolidation hubs and inland distribution across the United States.

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

Development & Infrastructure

Merritt starts 790,527-square-foot RDU Business Park

MORRISVILLE - The 150-acre light-industrial development near RDU is planned for up to 13 buildings, with the 201,250-square-foot first phase under construction.

August 27, 2026

Government & Business

NC ferry system to toll every route by Jan. 1

RALEIGH - The new state law ends toll-free vehicle service on four routes as NCDOT sets rates and payment systems for Jan. 1.

August 27, 2026

Development & Infrastructure

Fort Bragg selected for Army nuclear microreactor

FAYETTEVILLE - Antares Nuclear will own, construct and operate the North Carolina project as part of a five-site Army program valued at up to $2.2 billion overall.

August 27, 2026

Development & Infrastructure

American Airlines adds daily Charlotte-Barcelona route in 2027

CHARLOTTE - Daily nonstop service begins May 27, 2027, on Boeing 777-200ER aircraft, adding another European destination from Charlotte Douglas.

August 27, 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

Companies & People

Kontoor Brands names C.J. King to lead Helly Hansen North America Sport

GREENSBORO - Kontoor Brands named former Arc’teryx executive C.J. King to lead Helly Hansen’s North American sport business effective Aug. 31.

August 27, 2026

Development & Infrastructure

Western NC gets $69M for rental housing as $53.38M workforce fund opens

RALEIGH - Western North Carolina received more than $69 million for 828 rental units as a separate $53.38 million workforce-homeownership fund opened.

August 27, 2026