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Here is news about local businesses from the Business Journal:

Collins Aerospace, formerly Rockwell Collins, offering voluntary buyouts to employees
Wed, 12 Dec 2018
Collins Aerospace, known was Rockwell Collins before being acquired by United Technologies Corp. in late November, will offer voluntary buyouts to certain employees throughout the company. Headquartered in Cedar Rapids, Iowa, Collins Aerospace operates an aircraft seat manufacturing facility in Winston-Salem. According to the latest Triad Business Journal research, approximately 1,500 are employed at the former B/E Aerospace facility. The company was acquired Nov. 26 by United Technologies for…


Triad apartments sell for $21.25 million to familiar buyer
Wed, 12 Dec 2018
Arcan Capital of Marietta, Georgia, bought Northwinds Apartments at 1373 Lees Chapel Road in northeast Greensboro from an LLC connected to Southwood Realty of Gastonia.

Cone Health employs teleneurology at MedCenter High Point
Wed, 12 Dec 2018
Cone Health is implementing technology to better care for High Point patients with stroke, seizure, headaches and other neurological disorders.  MedCenter High Point at 2630 Willard Dairy Road, will use teleneurology to connect doctors and nurses in the emergency department and other areas throughout the hospital with on-call neurologists. The service is part of Cone Health Neurosciences and is a partnership with Atrium Health and TeleSpecialists.  Cone Health says the technology solves two…

Thomasville obstetrics clinic joins Novant Health
Wed, 12 Dec 2018
Thomasville OB-GYN Associates is now part of Novant Health. The clinic will remain at 1302 Lexington Ave. It will, however, change its name to Novant Health Thomasville OB/GYN. The clinic has three doctors – Joseph Stringfellow, Phillip Dorton and Carl Richard Kirsch – along with nurse practitioner Janice Johnson and physician assistant Taylor Sprague. Some of the providers were already affiliated with the nearby Novant Health Thomasville Medical Center.  In November, Novant Health's Brain…

HondaJet Elite receives certification from Japanese authorities, receives 10 orders
Wed, 12 Dec 2018
The HondaJet Elite, designed and manufacturing by Honda Aircraft Co. at Piedmont Triad International, has received certification from the Japan Civil Aviation Bureau. "We are proud to have obtained type certification in Japan, the home of Honda, and we are pleased our efforts in the development of advanced technologies are being recognized," said Michimasa Fujino, president and CEO of Honda Aircraft. Honda Aircraft has received 10 orders through HondaJet Japan, the licensed dealer in the region.…

(Photos) C-Suite Rides: A sports car? A luxury car? Cadillac ATS-V tries to be both
Wed, 12 Dec 2018
Cadillac has been enjoying a sales renaissance at General Motors. Unlike all of its GM sister auto brands, Cadillac sales have increased this year. Through the first nine months of 2018, Cadillac sales were up 8.8 percent year-over-year. No other GM (NYSE: GM) vehicle brand has shown an increase. Cadillac’s success has been in the sales of its crossovers and its sport utility vehicles (XT4, XT5 and Escalade) and not in sales of its once-unrivaled brand of sedans and coupes. In fact, last month…

GNC files federal lawsuit over North Carolina stores
Wed, 12 Dec 2018
Supplement retailer GNC is suing a competitor in federal court over a pair of stores in North Carolina, including one in Raleigh.

Raleigh group plans to convert Triad industrial facility to self storage
Wed, 12 Dec 2018
10 Federal, a company co-founded by brothers Brad and Cliff Minsley, paid $1.25 million for a 48,000-square-foot industrial warehouse on 2.8 acres in Winston-Salem.

How Atrium Health plans to spend its $1B capital investment
Wed, 12 Dec 2018
Since announcing a $1 billion capital investment in June, Atrium Health has spent the last several months combing through options for how to disperse the money. The Charlotte-based health-care system, formerly known as Carolinas HealthCare, outlined some of its plans at Tuesday morning's quarterly board meeting. Much of the investment so far is centered on or near its Carolinas Medical Center campus, although a portion of the $1 billion will go toward Atrium's Pineville operation. Funding will…

(PHOTOS) Lowe's CEO on how new distribution center will change retailer's online-order strategy
Wed, 12 Dec 2018
Lowe’s Cos. Inc.’s new $150 million direct fulfillment center in Tennessee doesn’t have robots, but it will definitely change the way the Mooresville-based home-improvement company handles online orders. That comes directly from new CEO Marvin Ellison, who talked to Charlotte Business Journal about the 1.1 million-square-foot facility that will eventually employ 600. The change coincides with Lowe’s (NYSE: LOW) working to get customers’ online orders in their hands within two days, Ellison…

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