Novo Nordisk announces $4.1bn investment in new North Carolina manufacturing facility

Pallavi Madhiraju- June 25, 2024 0

Novo Nordisk, a global leader in pharmaceutical manufacturing, has unveiled plans to invest $4.1 billion (approximately 27 billion Danish kroner) to establish a second fill ... Read More

Duke Energy partners with major tech giants to propel carbon-free energy initiatives in Carolinas

Pallavi Madhiraju- May 29, 2024 0

Duke Energy, in collaboration with Amazon, Google, Microsoft, and Nucor, announced new initiatives to enhance carbon-free energy generation and address the energy needs of large ... Read More

Atlantic Union Bankshares wraps up merger with American National Bankshares

Pallavi Madhiraju- April 2, 2024 0

In a significant move that reshapes the banking landscape of the mid-Atlantic region, Atlantic Union Bankshares Corporation has officially completed its merger with American National ... Read More

PCM Trials to enhance decentralized clinical trials with EmVenio Research acquisition

Pallavi Madhiraju- February 26, 2024 0

In a significant move to advance decentralized clinical trials (DCTs), Denver-based PCM Trials, the leading independent provider of mobile research nurse visits for DCTs, has ... Read More

Enbridge to acquire gas utilities from Dominion Energy for $14bn to expand US presence

Pallavi Madhiraju- September 6, 2023 0

Enbridge Inc. has struck a monumental deal to acquire three gas utilities—East Ohio Gas Company (EOG), Questar Gas Company, and Public Service Company of North ... Read More

ProKidney to acquire manufacturing facility in North Carolina for REACT commercial production

Pallavi Madhiraju- June 13, 2023 0

ProKidney, a late clinical-stage cellular therapeutics company, has announced plans to acquire a 210,000 square foot facility and approximately 22 acres of land in Greensboro, ... Read More

Clean energy tech company NET Power merges with Rice Acquisition Corp. II

Pallavi Madhiraju- June 11, 2023 0

NET Power, a North Carolina-based clean energy technology company, and Rice Acquisition Corp. II, a publicly traded special purpose acquisition company, have concluded their previously ... Read More

Paragon Films begins construction on expanded North Carolina facility

Pallavi Madhiraju- May 11, 2023 0

Paragon Films, an Oklahoma-based stretch film manufacturer, has started construction on a 70,000sft expansion of its warehouse facility in North Carolina. The expansion of the ... Read More

Wolfspeed and NC A&T to advance silicon carbide devices with new US R&D facility

Raghuram Kadari- March 29, 2023 0

Wolfspeed, a silicon carbide technology provider, and North Carolina Agricultural and Technical (NC A&T) State University, a black land-grant research university, have joined forces to ... Read More

Lilly to invest further $450m to expand capacity at Research Triangle Park

Raghuram Kadari- January 26, 2023 0

Eli Lilly and Company (Lilly) is planning to invest an additional $450 million to increase the company’s production capacity at its Research Triangle Park facility ... Read More