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Winston-Salem tech firm Inmar to create 212 jobs

Technology company Inmar announced Thursday that it will invest $24.5 million in its Winston-Salem corporate headquarters and create 212 jobs over the next five years.

Inmar offers consulting and software services for clients in retail, pharmaceutical, manufacturing and other industries. The company already employs more than 640 people in Winston-Salem and in Forsyth and Mecklenburg counties.

The company will receive incentives worth more than $4.1 million if it meets investment and hiring goals.

The new jobs will pay an average annual wage of $72,83, plus benefits. The Forsyth County average is $41,912.

Heine, Quick make commitments

Today is National Signing Day, when high school athletes from fall sports make their official commitments to college teams.

While several high school seniors who play Olympic sports are signing as well, much of the emphasis for many schools is placed on football programs.

Locally, offensive lineman William Heine of East Chapel Hill has committed to Georgetown and Chapel Hill's R.J. Quick has signed on for Winston-Salem State.

Heine, a 6-5, 280-pound senior played at right tackle for East, helping to protect record-setting QB Drew Davis in coach  Bill Renner's "five-wide" offense. Heine will be joining his brother James at Georgetown, who's a pitcher for the Hoyas' baseball team.

Quick, not the biggest Tiger at  5-11, 180 pounds, was still one of the biggest guns as a top receiver for coach Issac Marsh as CHHS went 10-3 last season. He was also one of the quickest, no pun intended, with 4.5 speed.

The University of North Carolina is announcing its commitments — including Phil Williamson of Jordan — from the Class of 2012 this afternoon. See UNC Now (http://blogs.newsobserver.com/uncnow) for the latest on Carolina's recruits, and ACC Now (http://blogs.newsobserver.com/accnow/home) for updates on Duke and N.C. State.

Highwoods sells $21.5 million in assets in Winston-Salem and Charlotte

Raleigh-based Highwoods Properties announced today that is has sold an office building and an adjacent piece of land in Winston-Salem for $15 million.

The 135,000 building is located at 150 South Stratford Road. The transaction valued the building, which is 80 percent leased, at $13.7 million and a three-acre piece of land at $1.3 million.

Highwoods also sold its 10 percent equity stake in a building in Charlotte that it developed in a joint venture with USAA Real Estate. USAA paid $6.5 million for the remaining interest.

The 171,000-square-foot building was constructed for the FBI.

Cash Michaels on how Wake "conquered" the rest of the state under Bill McNeal's watch

Cash Michaels is standing behind "the good old days days of WCPSS high achievement" under former Wake County Superintendent Bill McNeal.

In a blog post Friday, Michaels, editor of The Carolinian, takes on critics who downplay the high scores that Wake enjoyed in the early-to-mid 2000s when the district's passing rate on state end-of-grade reading exams was more than 90 percent overall and more than 80 percent for black students.

Critics of the old diversity policy have argued that the tests were easy and that large gains were also made statewide. But Michaels shoots back that Wake was still doing better than the rest of the state and with less money

Caterpillar profit soars, plans expansion

Caterpillar reported stronger fourth-quarter profit and sales, as global economic recovery helps the world's largest maker of mining and construction equipment gain ground.

The results beat Wall Street expectations and Caterpillar officials predict that 2011 also will exceed analysts' projections.

The company's shares, up nearly 80 percent in the past year, rose 53 cents to $96.29 in morning trading.

With its improving fortunes, Caterpillar also is expanding production and hiring more workers. The Illinois company cut thousands of employees worldwide during the recession, including hundreds in the Triangle.

But last year Caterpillar announced plans to build a new factory in Winston-Salem and expand its Sanford operations. The company already employs more than 1,000 workers in North Carolina, mostly at operations in Clayton, Cary and Sanford, and plans to add hundreds more.

Hillside tops perfect season with 4-A championship

WINSTON-SALEM -- Senior quarterback Vad Lee happily danced while waving a towel. Coach Antonio King was drenched in Gatorade. Running back Jamaal Williams had a huge grin on his face. The defense had just stopped the opponent inside the 5-yard line as all the time slowly ticked off the fourth-quarter clock.

Durham Hillside had just won the state championship in dominating fashion.

Lee capped off his high school career by throwing 264 yards and three touchdowns, while Williams ran for 83 yards and two scores as the Hornets left no questions about who was the best 4-A team, blanking Davie County 40-0 and completing their mission of a perfect 16-0 season.

Dell stops Winston-Salem production

Dell is done in Winston-Salem.

The company on Sunday finally stopped production at its factory that made desktop computers and opened with great fanfare in 2005.

Any further activity at the 750,000-square-foot plant would be “part of the exiting and shut-down work required,” Dell spokesman David Frink told the Winston-Salem Journal. He would not give a final closing date.

Dell first announced a year ago that it planned to shut the plant but repeatedly delayed the move to meet increasing demand. Dell announced on Sept. 10 that it would close the plant this month.

Pepsi to add 195 jobs in Winston-Salem

Pepsi Beverages, the soda brand born in New Bern, plans to add 195 jobs over three years as it expands a customer-service center in Winston-Salem.

The new jobs will pay average annual salaries of $36,077, Gov. Bev Perdue's office announced this morning. That's less than the $40,352 Forsyth County average.

The company will receive state and local incentives worth up to $800,000, including a $400,000 state grant, if it meets hiring targets. Pepsi Beverages, a division of New York-based PepsiCo, also will have to retain the 870 people it already employs at the Winston-Salem call center.

Pepsi to expand Triad call center

Pepsi Beverages plans to expand its Triad call center and add about 200 jobs, the Winston-Salem Journal reported.

Gov. Bev Perdue is scheduled to make an economic-development announcement at 10 a.m. on Monday at 1100 Reynolds Blvd., Winston-Salem, where the company has a call center with more than 800 workers.

The company is expected to receive state and local incentives worth as much as $800,000 if it meets hiring goals.

The new jobs will pay average annual salaries of $36,500, the newspaper reported, citing documents related to incentives approved by Forsyth County and Winston-Salem.

 

Ga. Tech escapes with 24-20 win over Wake Forest

Georgia Tech rallied from behind twice in the fourth quarter Saturday night to escape with a 24-20 victory over Wake Forest at BB&T Field.

Georgia Tech quarterback Josh Nesbitt threw a nine-yard touchdown pass to Correy Earls with 15 seconds remaining to cap the Yellow Jackets’ comeback victory.

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