With the new year, the city of Greensboro is reviewing its current economic recruitment strategy to see if there's a better way to land a major economic partner. Catherine Carlock covers economic development for The Business Journal. Carlock and WFDD's Audrey Fannin discuss the business community's rising frustration as major companies have expressed interest in the city, but then settled elsewhere.
Technology is making even the clothes on your back a little smarter. Business Journal reporter Katie Arcieri covers textiles, manufacturing, transportation/logistics, aviation, tobacco and furniture. In this week's business report, she discusses new developments in the Triad's textile industry with WFDD's Audrey Fannin.
Frank Hochberg, Chairman & President of the Ex-Im Bank, says some of the top products North Carolina is exporting to other countries include chemicals, machinery, transportation equipment, computer electronic products and textiles and fabric.
The export business is growing nationally, especially in the Tar Heel state. According to the federal International Trade Administration, in 2012, North Carolina’s export shipments of merchandise totaled $28.8 billion.
Target is running ads in national newspapers with an open letter from company chief executive Gregg Steinhafel. It assures customers that Target is addressing the security breach and says it is offering customers free credit monitoring and identify theft protection.