Triangle Business Journal

Raleigh wins again! Another corporate headquarters is coming to the City of Oaks. A spin-off of Vontier is planning a 180-job HQ in the city. Average salaries around $190K 👀

Pharma giant Merck is growing its footprint in Durham with a new manufacturing facility coming online and another in the works. Merck says the expansion in Durham is part of more than $12 billion the company has invested in U.S. manufacturing and research and development capabilities in the U.S. since 2018.

Spirit Airlines adds five new nonstop routes at Raleigh-Durham International Airport (RDU), including to Dallas and New Orleans. The additional service adds to the booming growth happening at RDU, which continues to land more routes from airlines big and small.

Companies that consistently celebrate their people create loyal employees, stronger customer relationships, and a reputation for excellence.

Join Triangle Business Journal for our new quarterly series focused on real estate and its role as an economic development driver for the Triangle region. Hear from top leaders in the sector, such as Gordon Grubb of Grubb Ventures, as they navigate the dynamic, and shifting, real estate industry. Register here: bit.ly/3Dv3CH6

Former Tar Heel football coach Mack Brown is looking to offload some of his valuable real estate in North Carolina. That includes an exquisite home in Chapel Hill and a luxury beach house on Figure Eight Island.

Deadline approaching! Know an outstanding leader in the Triangle's life sciences sector? Nominate them for our 2025 Life Sciences Awards. Triangle Business Journal will recognize the robust growth of the Life Sciences sector in the region. Nominations will be accepted in all areas of focus including CROs, drug development, medical device manufacturing and ag-tech. Submit nominations here: bit.ly/41QX134

Dr. Brent Townsend, president of Wake Radiology, discusses AI's impact on medical care and the challenges of meeting growing patient demand. "The tagline I have heard used — and which I buy into — is that AI won’t replace radiologists, but radiologists who use AI will replace the radiologists who don’t," he said. "There are a number of ways AI is already advancing the field."

A Raleigh developer known for upscale communities is targeting a coastal town with just 1,400 residents for its next major project. The success of Moss Landing in Little Washington has Beacon Street Development Company planning a comparable project in Belhaven, which hugs the Pungo River in Beaufort County and has a lively food scene.

Raleigh's McConnell Golf has added another golf course to its portfolio, this one with ties to the University of South Carolina. McConnell now has 17 properties across the Southeast. In South Carolina, McConnell already owned Musgrove Mill Golf Club in Clinton and The Reserve Golf Club in Pawleys Island.