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State Health Plan sees "impasse" with CVS Caremark

2 weeks ago | businessnc.com | Ray Gronberg

N.C. State Treasurer Brad Briner says the State Health Plan’s relationship with its pharmacy benefits manager, CVS Caremark, has “reached an untenable impasse.”Things have deteriorated to the point that the plan’s management is “evaluating its options to recover money owed and to determine its future relationship with Caremark,” according to a Thursday announcement.
Gaston County's Jesse Cole is going (Savannah) bananas

2 weeks ago | businessnc.com | Kevin Ellis

Around 150,000 people will pack Bank of America Stadium on Friday and Saturday night to watch the Savannah Bananas. Thousands of others just couldn’t find or afford tickets — which are going for hundreds of dollars on resale sites. At the center of it all will be Gaston County resident and team owner Jesse Cole. He’ll be the tall, skinny guy in the yellow tuxedo, complete with top hat.
BSH invests $11 million, adding 199 jobs in New Bern

2 weeks ago | businessnc.com | Kevin Ellis

BSH Home Appliances will invest more than $11 million to expand its New Bern facility, adding 199 jobs in Craven County. BSH, the home appliance division of the Munich-based Bosch Group, with its North American headquarters in California, has been in New Bern since 1997. The company manufactures appliances offered under the Bosch, Thermador and Gaggenau brands.
Alpek closing plastic facility in Fayetteville

2 weeks ago | businessnc.com | Kevin Ellis

Alpek Polyester will shut down its plastic resin operations in Fayetteville at the end of July, resulting in the loss of 180 jobs, according to a Worker Adjustment and Retraining Notification (WARN) filed with the state. Alpek Polyester acquired the site in 2001 and says the decision was made in an effort to reduce costs.
North Carolina's Best Employers 2025

3 weeks ago | businessnc.com | Kevin Ellis

BEST OF THE BESTTraditional company benefits like healthcare insurance and paid time off seem almost a given in today’s workplace. To recruit and retain employees, companies are offering perks that include remote work, regular opportunities for bonuses and a few are sharing profits and have plans in place for employees to take part in ownership. But it’s not just money or time off.
Next Tech Awards 2025: Recognizing exceptional performers and rising stars

3 weeks ago | businessnc.com | Kevin Ellis

Business North Carolina collaborated with NC TECH to create the Next Tech Award to recognize the Tar Heel state’s rising stars working at the state’s tech and tech-enabled companies. The award is meant to spotlight those individuals who often work in the trenches of an organization to push projects and objectives forward.
Buc-ee's Alamance plan progresses, but at a slow pace

3 weeks ago | businessnc.com | Ray Gronberg

Allred stressed that a building-plan review is not the only thing the company needs from the city staff, and that the completion of its reviews isn’t the same thing as actually pulling construction permits. Once Buc-ee’s does pull permits, it will have six months to start construction before they expire. Calling for any type of city inspection adds another year to the deadline.
Turkish company to make $82 million investment in Goldsboro, create 216 jobs

3 weeks ago | businessnc.com | Kevin Ellis

A company based in Istanbul, Turkey, will make an $82.6 million investment to create its first U.S. production facility in Wayne County, which is expected to create 216 jobs. Pelsan Tekstil A.S., a global leader in breathable film technologies for the hygiene and medical sectors, was established in 2006 and is a subsidiary to the Hassan Group, which has more than 80 years of experience in nonwoven and polymer film technologies.
Daimler Truck Financial Services bringing 276 high-paying jobs to Charlotte

3 weeks ago | businessnc.com | Kevin Ellis

Daimler Truck Financial Services, which provides financing, leasing and insurance options for Daimler Truck North America’s commercial vehicles, will invest $7.8 million to locate its headquarters in Charlotte, a move that’s expected to create 276 jobs. Salaries for the new positions will average $133,940, exceeding the Mecklenburg County average of $86,830, according to a release from the state. Daimler Trucks produces Freightliner trucks, Western Star trucks and Thomas Built Buses.
Charlotte lawyers gain key posts at K&L Gates law firm

3 weeks ago | businessnc.com | David Mildenberg

Global law firm K&L Gates said that Stacy Ackermann of Charlotte has been appointed global managing partner effective July 1. The decision follows Jim Segerdahl’s decision not to seek a third term leading the firm. K&L Gates also appointed Rick Giovannelli of Charlotte as co-chair of the management committee alongside current chair Michael Caccese. Caccese will step down as co-chair on June 30, 2026, after having served as chair for nine years.