Thursday, July 2, 2015

Babcock & Wilcox Successfully Completes Spin-Off

CHARLOTTE, N.C. -- Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE:BW) announced that it has completed its spin-off from its former parent company and its stock will trade independently on the New York Stock Exchange beginning July 1.

New Program to Address Entrepreneurs At All Stages

DURHAM & WINSTON-SALEM, N.C. -- Flywheel, the co-working innovation space in Wake Forest Innovation Quarter, is teaming with serial entrepreneurs, investors and The Startup Factory co-founders Chris Heivly and Dave Neal to fulfill a promise to create a center of gravity for entrepreneurship in Winston Salem.  The move delivers a vision for TSF that will significantly extend the impact of their program from the RTP region to the entire state of North Carolina.  Beginning this summer, TSF will operate one week Startup Boot Camps around the state starting in Winston Salem, which will both encourage and accelerate early-stage startup activity.

Northridge Capital Sells 2635 Meridian Parkway

DURHAM, N.C. & WASHINGTON, D.C. -- Northridge Capital, LLC, an independent real estate asset management firm based in Washington, DC, has announced the sale of 2635 Meridian Parkway, a 63,394-square-foot Class A office building in Durham, North Carolina, for $8,750,000 to Dominion Realty Partners, LLC. The two-story, institutional-quality office property is located within Meridian Corporate Center. Northridge Capital purchased the building in 2014 for $6.4 million when the property was 69 percent leased. The building is now fully leased to a creditworthy tenant roster.

Wednesday, July 1, 2015

CED Announces Board of Directors

DURHAM, N.C. -- The Council for Entrepreneurial Development today announced its 2015-2016 Board of Directors. As North Carolina’s entrepreneurial ecosystem has evolved and matured CED is using its nationally connected network for the benefit of growth stage companies.  CED’s newly elected Board is perfectly positioned to continue this work and help growing entrepreneurial companies scale up and succeed.

Tuesday, June 30, 2015

World Bank Project Looks to Integrated Biometrics to Verify Teachers in Remote Areas of Pakistan

SPARTANBURG, S.C. -- Integrated Biometrics, LLC (, developer of the world’s smallest and lightest FBI-compliant fingerprint scanners, is pleased to announce that its Columbo fingerprint scanner is being used to verify the identity of teachers in remote areas of Pakistan. Integrated Biometrics partner Intellitech is assisting in the project which is funded by the World Bank, offering financial and technical assistance to developing countries around the world.

Governor Breaks Ground on Sealed Air Global Headquarters

CHARLOTTE, N.C. -- Governor Pat McCrory broke ground recently on Sealed Air’s new global headquarters in Charlotte. Sealed Air is a Fortune 500 company and global manufacturer of protective and specialty packaging for food and consumer goods. Salaries will vary by position, but the average annual wage at Sealed Air will be $119,482. The average annual wage in Mecklenburg County is $59,046.

RelyMD to Partner with HQ Raleigh as Official Telemedicine Provider

RALEIGH, N.C. -- RelyMD, North Carolina’s only independent online urgent care service, is partnering with HQ Raleigh, a communal workspace that offers a supportive environment and accessible resources to entrepreneurial ventures, as the group’s official telemedicine provider. As part of the partnership, RelyMD will be available to all HQ Raleigh members at a discounted rate.

City of Kings Mountain Energy Services Chosen as an NC811 Safe Digging Partner

GREENSBORO, N.C. -- NC811 began a Safe Digging Partner program in April of 2015.  The program signifies a commitment to help prevent damages to buried utilities. To become a partner, all that's needed is to sign a pledge to 'Call 811 Before You Dig'.  NC811 will provide safe digging partner stickers to place on vehicles and equipment in order to spread the 811 message to the public.  Each month NC811 will chose a Safe Digging Partner that exemplifies this commitment and will spotlight them with recognition.

Monday, June 29, 2015

Myers Bigel Named to Corporate America 2015 Legal Elite

RALEIGH, N.C. -- Myers Bigel Sibley & Sajovec, P.A. (Myers Bigel), the largest independent patent law firm in North Carolina, has been named to the Corporate America 2015 Legal Elite. Myers Bigel won the award for Best Full-Service Intellectual Property Firm – North Carolina.