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Louisburg Walmart relocating, hiring

Tags: .biz | Walmart

The Louisburg Walmart store will complete its relocation next month, but the world's no. 1 retailer is looking for workers now.

Total, the new store will employ about 300 people, including 170 hired specifically because of the move. Company officials say there are still about 40 of those jobs available.

The store is moving from 279 Franklin Plaza to 705 Retail Way and will reopen there next month, though no specific opening date has been announced yet. It originally opened in 1993.

People may apply for a job at: http://walmartstores.com/Careers/7745.aspx.

RTI spinoff siXis raises $3 million in financing

A semiconductor technology company spun out of RTI International last year has raised $3 million in funding.

siXis, formerly known as Beeco, raised the money from Durham venture-capital firm Intersouth Partners and RTI. Those original investors also provided siXis with $5 million in funding last year.

"Their support is critical to the continued growth of the company," said CEO John Goehrke, in a prepared statement. Goehrke joined the company as a consultant after RTI officials approached Intersouth about financing a spinoff.

Malt-O-Meal opens Asheboro cereal factory

North Carolina is now home to a new food group: cereal made by Malt-o-Meal.

The Minneapolis-based company today officially opened its first East Coast manufacturing plant, a 350,000 square-foot facility in Asheboro, about 75 miles southwest of Raleigh.

The factory's 133 workers are producing Frosted Mini Spooners and Frosted Flakes, cold cereals sold by Walmart, Dollar Tree, Lowes Food, Family Dollar and other retailers.

The plant has room to add more production lines. At some point, the factory could produce the company's iconic hot, wheat cereal.

Malt-O-Meal was lured to North Carolina by financial incentives worth nearly $4 million from Randolph County and a state grant worth as much as $1.1 million. The company first announced plans to expand in Asheboro in late 2006.

Founded in 1919, Malt-O-Meal makes more than 25 types of cereal and has annual sales of $6.5 billion.

New health insurance plans target short-term buyers

Starting today, Golden Rule Insurance Company will offer two new health insurance plans in North Carolina and West Virginia targeted at people who need short-term coverage.

The plans, called Short Term Medical Plus and Short Term Medical Value, are specifically meant to cover people who are between jobs, graduates looking for work, students who are no longer covered by their parents' plans and other people whose health care coverage is affected by some kind of life transition.

Residents can choose from one to 12 months of coverage under both plans and can apply for additional months and consecutive short-term plans if they need to.

Deductibles for the plans range between $250 and $10,000. According to the company, here are a few examples of what the plans would cost for people in our area, depending on which plan options were chosen:

*a young adult, ages 19 to 24, living in the Raleigh area choosing 1 to 6 months of coverage could expect to pay between $28 and $134 a month.

*a young family, parents in their mid-30s with two children under age 10, could expect to pay between $81 and $397 a month.

*An empty nester couple, in their late 40s, could expect to pay between $93 and $421 a month.

Indianapolis-based Golden Rule is a subsidiary of UnitedHealthcare that specializes in offering health coverage to people not covered by employer plans.

Lulu.com lands book application deal with Yahoo

Lulu.com, the Raleigh-based online book publisher, has inked a deal with Yahoo that will expand its potential audience.

Yahoo will post Lulu's weRead book discovery application on its redesigned homepage starting today.

The tool allows readers to use Facebook and other social networking sites to find new authors and recommendations from other users. Readers also can catalog their book collections and rate books and authors.

Posting the application on Yahoo's popular home page also could increase interest in Lulu's self-published authors and drive traffic to its main Web site. Yahoo ranked third in Internet visitors in August, after Google and Microsoft.

Washington governor cites North Carolina as competitor for Boeing plant

Washington's governor is increasing public efforts to woo Boeing and lure a new manufacturing line for the company's long-delayed 787 jetliner, the Associated Press reported.

In a report released today, Gov. Chris Gregoire laid out his case for building the 787 in Washington. The report includes a comparison of tax burdens in Washington and five other states seen as competitors: North Carolina, South Carolina, Kansas, Texas and California.

Officials with North Carolina's Department of Commerce have not publicly confirmed they are trying to attract Boeing, but winning such a plum economic development prize would be a major coup. A project that size would likely involve a large package of state and local tax breaks and other financial incentives.

Holly Farms chicken returns to stores

After a 10-year absence, Holly Farms chicken will return to store shelves this week.

Salisbury-based Food Lion struck a deal with Tyson Foods to re-introduce the brand to more than 1,200 Food Lion, Bloom and Bottom Dollar grocery stores throughout the eastern United States.

The chicken will begin appearing in stores this week. It will replace the store-brand chicken offered by all three chains.

Holly Farms was founded in Wilkesboro in 1958 and was purchased by Tyson in 1989. By the late 1990s, the brand name was phased out.

The new line of Holly Farms chicken will be produced primarily in the Wilkesboro facility where the company originally began. Plants in Monroe, Temperanceville, Va., and Shelbyville, Tenn., will also help in the production of Holly Farms products.

Feds launch special inspection of Brunswick nuclear malfunction

Federal regulators have launched a special inspection of a malfunction that forced a shutdown last week of two nuclear reactors at Progress Energy's Brunswick power plant near Wilmington.

The Nuclear Regulatory Commission estimates that three inspectors will spend at least a week at the Brunswick site assessing the causes that disabled a backup emergency diesel generator. The inspection team will also review safety procedures at the plant.

NRC safety rules require that each nuclear reactor be backed up by two emergency diesel generators as sources of power to run emergency equipment in the event of a blackout. The agency's rules permit a nuclear power plant with two reactors to operate with three diesel generators for as long as a week, but Raleigh-based Progress was forced to shut down both Brunswick generators Sept. 20 after one of its generators was inoperable for an entire week.

A special inspection is the lowest level of safety inspection; it's conducted for an unusual event and typically requires specialized expertise beyond the knowledge of on-site NRC inspectors at the plant. The NRC began the special inspection Friday and will issue a report within 45 days of completing the inspection.

RadarFind of Morrisville bought by Pittsburgh company

RadarFind, a Morrisville company that sells wireless technology to help hospitals keep tabs on medical equipment and patients, has been acquired by a Pittsburgh corporation.

RadarFind is now a subsidiary of TeleTracking Technologies, which helps more than 800 hospitals cut costs by improving the flow of patients.

Founded in 2003, RadarFind has installed its Real Time Location System in seven hospitals. WakeMed's Cary hospital has been using the system since April.

TeleTracking will use its marketing team to sell RadarFind products to a bigger customer base, said Mike Nelson, who is now president of TeleTracking's RadarFind division.

TeleTracking plans to keep RadarFind's manufacturing and customer-support operations in Morrisville and most of RadarFind's 24 employees. Terms of the deal weren't disclosed.

RadarFind CEO William "Terry" Kane has stepped down, but will continue providing consulting assistance for now, Nelson said.

Duke University opens medical school in Singapore

Duke University officially opened its medical school in Singapore today with dedication of an 11-story medical research facility.

The joint Duke University and National University of Singapore Graduate Medical School is now in its third year with 130 students enrolled from 17 countries. The program was born out of Singapore's push to become the biomedical hub of Asia.

The new Khoo Teck Puat Building is named after the late Singaporean businessman and philanthropist who donated $80 million to the medical program. The dedication ceremony featured Duke President Richard Brodhead, Duke Health Affairs Chancellor Victor Dzau and Singapore Prime Minister Lee Hsien Loong.

The Duke medical program in Singapore focuses on five research programs: emerging infectious diseases, cancer and stem cell biology, neuroscience and behavioral disorders, cardiovascular and metabolic disorders, and health services and systems research.