The aviation business unit of Boston-headquartered General Electric Co. has announced another wave of job cuts for the firm because of the impact of the COVID-19 pandemic on the aviation industry worldwide. Although officials did not yet have specific details on the actual reduction plan, the Wall Street Journal reported Tuesday that GE Aviation President and CEO J ...

Wilmington-based CoopWorx, a new firm making its way into the poultry industry, is starting a Kickstarter campaign this weekend to help push out its first product. CoopWorx, a subsidiary of Wilmington-based EXPOGO Inc., a tradeshow display and product development company that has numerous patents, aims to manufacture the first round of its newly developed portable, mult ...

Months of COVID-19-related time at home have inspired many people to clean out their closets, attics and garages. In the early days of coronavirus-imposed shutdowns, however, would-be donors of their unwanted treasures had trouble finding organizations that would take them. Either the organizations’ operations were severely restricted, or there was hesitation abou ...

Wilmington International Airport departures and arrivals were down in September by a little over 50% compared to the same month last year, but local officials are optimistic about ILM's recovery. The decrease, attributed to the global pandemic, hovers around 50% depending on the day, said Airport Director Julie Wilsey on Thursday, with heavier traffic Fridays, Satur ...

The N.C. State Ports Authority welcomed its first-ever 14,000 twenty-foot-equivalent unit cargo vessel, making history at the Port of Wilmington. The cargo vessel, called the Yang Ming Warranty, cruised into the Port of Wilmington on Monday. The ship has a carrying capacity of 14,220 TEUs (twenty-foot-equivalent units) and is the largest such vessel making its way to U. ...

McKim & Creed Inc., one of the largest engineering, surveying and planning firms in the U.S., announced recently that it has acquired a Wilmington company.  Headquartered in Raleigh, McKim & Creed now owns Wilmington-based Matchpoint Water Asset Management, described in a news release as the largest water loss/recovery/leak detection company in the U.S ...

A state grant has been awarded to a Brunswick County manufacturer in the aviation and aerospace business, to help the firm expand and create more than a dozen local jobs, according to a news release from Gov. Roy Cooper's office. The N.C. Rural Infrastructure Authority (RIA) approved a $100,000 grant to support development at the HSM Machine Works site, 2613 Mt ...

Calling All Local Artists!   The Greater Wilmington Business Journal’s Book on Business is an annual publication showcasing the Wilmington region as a center of business. Each year, the Book on Business features original paintings and drawings created by local artists that reflect Wilmington-area landmarks, events, communities, native wildlife or landscape ...

Another speculative building could be in the works for Pender Commerce Park, pending an upset bid period on a land purchase from the county. Chris Ramm, manager of Ramm Captial Partners LLC, is looking to purchase lot 6 in the Pender Commerce Park following approval by county commissioners earlier this month, Ramm said Wednesday. Pender County commissioners appr ...

Wilmington-headquartered Innovative Financial Group has partnered with another firm in the industry, Financial Providence Group, according to a news release. The financial details of the new partnership were not disclosed. Innovative Financial Group (IFG) opened in 2014 and has seen growth as a large distributor of life insurance and health products, most recently ...