Business

Jul. 16, 2014 @ 05:03 PM

Avery Dennison celebrates half a century in Lenoir

Work stopped around noon at Avery Dennison Wednesday, and the more than 260 employees sauntered outside, to ice cream, barbecue and games in recognition of the plant’s 50 years of operation in Lenoir.

Avery Dennison, a global manufacturer of labeling and packaging materials, first came to Lenoir in July 1964 and since that time has grown and developed into a Lenoir staple.


Jul. 16, 2014 @ 06:24 AM

Jobs are here if you have the skills, teachers say

There is not a shortage of jobs in Caldwell County for people who have the right technical skills, said three educators who were part of a group that toured 11 local industries in recent weeks.

But they also heard repeatedly from the employers that even those who have technical skills often seem to lack vital “soft skills,” such as the ability to show up at work on time, every day, and to meet deadlines.


Jul. 15, 2014 @ 12:47 PM

New furniture company could bring 150 jobs

A Florida-based furniture company is considering placing a manufacturing plant in Caldwell County, with perhaps 150 jobs over the next three years, county officials said Monday.

The company, identified only as “Project Gator,” is considering multiple sites in several states, Deborah Murray, executive director of the Caldwell County Economic Development Commission, told the Caldwell County Board of Commissioners. It would invest $800,000 in property and equipment at the site it chooses.


Jul. 15, 2014 @ 11:28 AM

Furniture Brands' bankruptcy plan approved

Nearly all of the people and businesses that were owed money by the former Furniture Brands International voted in favor of the company’s final liquidation plan, which received approval Monday by a U.S. Bankruptcy Court judge.


Jul. 11, 2014 @ 10:24 AM

Pace of Furniture Brands' liquidation may dent executive's bonus

Though the initial stages of Furniture Brands International’s bankruptcy moved quickly, the final stages have moved more slowly than company and court officials expected.

That may cost the corporate officer in charge of the company’s remnants some of her bonus, but it is unclear whether in the end she will get paid less.


Jul. 09, 2014 @ 09:33 AM

Business brief for July 8, 2014


Jul. 02, 2014 @ 08:51 AM

More Caldwell County residents rejoin workforce

The number of Caldwell County residents looking for work surged in May by about 300, so the local unemployment rate rose even though the number of people with jobs went up by more than 100, according to figures released Tuesday by the N.C. Department of Commerce.


Jun. 30, 2014 @ 05:20 PM

Exela purchases land on Morganton Boulevard

Lenoir-based pharmaceutical company Exela Pharma Sciences recently bought two adjoining properties on Morganton Boulevard, a total of 9.48 acres, for just over $1 million.


Jun. 24, 2014 @ 04:39 PM

City Council not on board with plan for crossroads

City leaders made their opinion on the state's proposed Smith's Crossroads replacement clear Tuesday: They don’t want it.

The proposal, called a “diverging diamond” interchange, would ease traffic congestion on U.S. 321 but would displace more than 20 businesses along the U.S. 321 corridor, from Rite Aid and Burger King to Mayflower Seafood and Bojangle’s, and on the north side of Wilkesboro Boulevard almost to ALDI.


Jun. 22, 2014 @ 01:01 AM

Public records for June 22, 2014


Jun. 21, 2014 @ 09:09 PM

Signs of rebounding economy found in Caldwell County permits

Through May 31, 764 building permits had been issued for new construction valued at more than $40 million, and the number of permits issued so far in June is up compared to last year, said Sherri Marshall of the county permitting office.

In all of 2013, 1,993 building permits were issued for new construction valued at just under $60.2 million, and in 2012 there were 2,084 permits for construction worth a little more than $48.5 million.


Jun. 18, 2014 @ 10:01 AM

City to borrow more for sewage plant repairs

Repairs at Lenoir’s Gunpowder Wastewater Treatment Plant will cost more than expected, so the Lenoir City Council voted 5-1 Tuesday to borrow an extra $320,000 for the project, bringing the total to $4.17 million.


Jun. 13, 2014 @ 04:20 PM

Blue Ridge Electric plans no rate increase

Blue Ridge Electric Membership Corp. will not raise its rates for 2015, Chief Executive Officer Doug Johnson announced at the cooperative’s annual meeting Thursday.


Jun. 13, 2014 @ 08:28 AM

MDI starts $20 million expansion

Merchants Distributers Inc., Caldwell County’s largest private employer, recently began a $20 million phase of expansion at its distribution center in southern Caldwell County.


Jun. 11, 2014 @ 08:08 PM

Public Records roundup

Property transfers, marriages, divorces and incorporations that were filed in the first week of June.


Jun. 11, 2014 @ 09:00 AM

Walmart market in the works for Hudson

Hudson may soon be getting a Walmart Neighborhood Market, a smaller, grocery-focused store from the company better known for its sprawling superstores.


Jun. 10, 2014 @ 11:24 PM

CCC&TI briefs


Jun. 10, 2014 @ 09:28 AM

Benfield files for re-election

Dennis Benfield filed Monday for re-election to the Caldwell County Soil and Water Conservation Board of Supervisors.

Benfield, 65 of Hudson, a Republican serving his second term on the board, works at AAA Tree Service.


Jun. 06, 2014 @ 08:31 AM

Work on larger McDonald's starts soon

Work to replace the McDonald’s in Lenoir with a larger one is now scheduled to start June 19 rather than sometime in 2015, as owner John Link originally estimated.

“The business demands were there and I worked with McDonald’s to try and accelerate it and get it done sooner,” Link said.

 


Jun. 05, 2014 @ 08:27 AM

Lenoir will increase taxes, rates

Lenoir residents will soon be paying more in water rates, sewer rates and property taxes, after the Lenoir City Council voted 4-3 in a hotly-debated decision at its meeting Monday night, after hearing from several community members, both for and against the increases.


Jun. 03, 2014 @ 02:18 PM

Drug maker exceeds growth goal, still going

Just a year after beginning an expansion that was expected to add 40 jobs over three years, Exela Pharma Sciences has already surpassed that and is planning further expansion.


Jun. 03, 2014 @ 08:25 AM

Loss of privilege license tax cuts deep into Lenoir budget

Lenoir stands to lose roughly $180,000 in annual revenue starting in fiscal 2015-16 because of a law passed Thursday that will end business privilege license taxes.

That would wipe out most of the revenue expected to be generated by a proposed two-cent increase in the property tax rate, City Manager Lane Bailey said.


Jun. 03, 2014 @ 05:47 AM

Drexel Heritage plant in Morganton closing

Heritage Home Group plans to close its Drexel Heritage plant in Morganton by the end of July, laying off 87 people, the company told the N.C. Department of Commerce in a notice posted Friday.


Jun. 01, 2014 @ 09:01 AM

Plan for Furniture Brands' debt set for vote

Most of the people and companies who are still owed money by the former Furniture Brands International will get less than 10 cents of every dollar they are owed, according to the liquidation plan that a U.S. Bankruptcy Court judge approved Thursday to be mailed to creditors.


May. 30, 2014 @ 08:36 AM

Foothills Airport now pays for itself

Foothills Regional Airport now makes enough enough money to cover the cost of its daily operations and will outperform its budget for fiscal 2013-14 by as much as $75,000, officials said.