Here is news about local businesses from the Business Journal:
Aldi opening new store in Greensboro Tue, 07 Feb 2012 Greensboro is getting yet another grocery store.
Aldi, a Batavia, Ill.-based subsidiary of Germany's Aldi Group, plans to open a new store at 1507 New Garden Road sometime in 2013, according to a spokesman for the company.
Aldi bills itself as a super-discount chain with a no-frills approach and a limited selection of 1,400 items. The company already has 10 stores in the Triad located in Asheboro, Burlington, Greensboro, High Point, Kernersville, Lexington, Thomasville and Winston-Salem.
The new Aldi store comes at a time when the landscape among grocers in the Triad is becoming increasingly competitive...
Lorillard donates $100,000 to Greensboro arts group Tue, 07 Feb 2012
Lorillard Tobacco Co. has donated $100,000 to the United Arts Council of Greater Greensboro’s annual Arts Fund campaign, which kicks off on Feb. 21,
Lorillard Chairman, President and Chief Executive Officer, Murray S. Kessler said in a statement that the company hopes "the increased support will encourage other businesses to recognize the incredible value the arts provide this community -- both for the quality of life our employees enjoy and for the vitality and economic impact the arts bring to our city...
N.C. DOT awards $53 million in contracts for U.S. 29 Business, Wendover Ave. work Tue, 07 Feb 2012
The N.C. Department of Transportation has awarded nearly $53 million in contracts to widen U.S. 29 Business in Rockingham County and resurface bridges on Wendover Avenue in Guilford County.
A $50.7 million contract was awarded to W.C. English Inc. of Lynchburg, Va., to widen U.S. 29 Business/Freeway Drive from South Scales Street to N.C. 14 on the western side of Reidsville in Rockingham County.
The work can begin Feb. 27, with final completion set for Nov. 1.
A separate $2.2 million contract was awarded to Lanford Brothers Company Inc...
Construction begins on downtown Greensboro restaurant, parking lot Tue, 07 Feb 2012
Momentum Development Partners of Raleigh has begun construction on its long-planned South Elm Street redevelopment project in Greensboro.
Ed Wolverton, president of Downtown Greensboro Inc, said the company has begun renovating a building that will become home to a new restaurant called The WORX and will soon begin work on a new parking lot at 120 Barnhardt St. The lot is expected to provide between 150 to 200 spaces.
“They have always planned to develop that land for parking,” Wolverton said...
Greensboro-High Point region ranks 63rd in job growth Tue, 07 Feb 2012 Private-sector employment in the Greensboro-High Point region grew less than percent in 2011, according to a new review of U.S. Bureau of Labor Statistics data by On Numbers.
Of the nation's 100 largest metro areas, the Greensboro-High Point region ranked No. 63 in percentage growth for jobs. The Winston-Salem region was not included in that list.
The Greensboro metro area added 2,500 jobs during the year, increasing private-sector employment to 296,000 in 2011 from 293,500 in 2010.
While the Greensboro-High Point region saw 0...
Pike Electric reports 2nd quarter profit Tue, 07 Feb 2012
Pike Electric Corp. reported net income in its fiscal second quarter of $4.9 million, up from $1 million a year earlier, according to an earnings announcement.
Revenues at the Mount Airy-based Pike (NYSE: PIKE) were up by 16 percent in the quarter to $172 million.
The company, which provides planning, engineering and installation services to electric utilities, saw revenues from core services rise from $145.9 million to $150.1 million and storm restoration revenues increase from $2.7 million to $21...
Thomas Built Buses to be honored as environmental steward Tue, 07 Feb 2012 State officials will honor High Point-based Thomas Built Buses Inc. tomorrow for its commitment to the environment.
N.C. Department of Environment and Natural Resources Secretary Dee Freeman will recognize the company as an environmental steward at a 10 a.m. award ceremony held at the company’s Saf-T-Liner C2 school bus manufacturing facility in Archdale.
Freeman will join Thomas Built Buses' President and CEO Kelley Platt for the ceremony.
The department’s Environmental Stewardship Initiative is a voluntary program that promotes and encourages business, industry, government agencies and nonprofit organizations to develop and implement programs that help the environment.
LF USA adding jobs at new Greensboro office Mon, 06 Feb 2012 LF USA, a subsidiary of the world's largest consumer goods company, is expanding its new Greensboro operations center and plans to have at least 200 workers by the end of the year, the company announced today.
Rick Darling, president of LF USA, and Bruce Rockowitz, CEO of its Hong Kong-based parent company Li & Fung Ltd., said they anticipate the size of the work force doubling in three years, if not faster.
"People talk about jobs going to China," Rockowitz told a crowd of more than 200 today...
How Volvo Trucks is using technology to boost efficiency, safety Mon, 06 Feb 2012 Some of the world’s best trucking technology is developed right in the Triad’s backyard.
Several of the Triad’s logistics and trucking companies, such as Hilco Transport Inc. in Greensboro and Yarbrough Transfer Co. in Winston-Salem, are implementing technology solutions to cut costs and increase efficiency across their fleets. Some of those improvements include installing on-board computer systems and implementing electronic on-board recorders fleet-wide.
But another aspect to innovation and automation in trucking is most aptly seen in the Triad’s integrated truck manufacturers — such as Volvo Trucks and Mack Trucks — which are making tremendous strides in fuel efficiency and truck safety...
Ilderton named a finalist for national auto dealer award Mon, 06 Feb 2012
A High Point auto dealer was named a regional finalist for a national auto industry award.
Tim Ilderton, the general manager and dealer at Ilderton Chrysler Dodge Jeep Ram, was one of four finalists for the 2012 TIME Dealer of the Year.
Mike Shaw of Mike Shaw Chevrolet in Denver received the top award.
Ilderton and the 49 other nominees were honored Saturday at the National Auto Dealers Association Convention and Exposition in Las Vegas.
Greensboro is getting yet another grocery store.
Aldi, a Batavia, Ill.-based subsidiary of Germany's Aldi Group, plans to open a new store at 1507 New Garden Road sometime in 2013, according to a spokesman for the company.
Aldi bills itself as a super-discount chain with a no-frills approach and a limited selection of 1,400 items. The company already has 10 stores in the Triad located in Asheboro, Burlington, Greensboro, High Point, Kernersville, Lexington, Thomasville and Winston-Salem.
The new Aldi store comes at a time when the landscape among grocers in the Triad is becoming increasingly competitive...
Private-sector employment in the Greensboro-High Point region grew less than percent in 2011, according to a new review of U.S. Bureau of Labor Statistics data by On Numbers.
Of the nation's 100 largest metro areas, the Greensboro-High Point region ranked No. 63 in percentage growth for jobs. The Winston-Salem region was not included in that list.
The Greensboro metro area added 2,500 jobs during the year, increasing private-sector employment to 296,000 in 2011 from 293,500 in 2010.
While the Greensboro-High Point region saw 0...
State officials will honor High Point-based Thomas Built Buses Inc. tomorrow for its commitment to the environment.
N.C. Department of Environment and Natural Resources Secretary Dee Freeman will recognize the company as an environmental steward at a 10 a.m. award ceremony held at the company’s Saf-T-Liner C2 school bus manufacturing facility in Archdale.
Freeman will join Thomas Built Buses' President and CEO Kelley Platt for the ceremony.
The department’s Environmental Stewardship Initiative is a voluntary program that promotes and encourages business, industry, government agencies and nonprofit organizations to develop and implement programs that help the environment.
LF USA, a subsidiary of the world's largest consumer goods company, is expanding its new Greensboro operations center and plans to have at least 200 workers by the end of the year, the company announced today.
Rick Darling, president of LF USA, and Bruce Rockowitz, CEO of its Hong Kong-based parent company Li & Fung Ltd., said they anticipate the size of the work force doubling in three years, if not faster.
"People talk about jobs going to China," Rockowitz told a crowd of more than 200 today...
Some of the world’s best trucking technology is developed right in the Triad’s backyard.
Several of the Triad’s logistics and trucking companies, such as Hilco Transport Inc. in Greensboro and Yarbrough Transfer Co. in Winston-Salem, are implementing technology solutions to cut costs and increase efficiency across their fleets. Some of those improvements include installing on-board computer systems and implementing electronic on-board recorders fleet-wide.
But another aspect to innovation and automation in trucking is most aptly seen in the Triad’s integrated truck manufacturers — such as Volvo Trucks and Mack Trucks — which are making tremendous strides in fuel efficiency and truck safety...