Tuesday, February 9, 2016

CED Announces Life Science Conference Demo Lineup

DURHAM, N.C. -- The Council for Entrepreneurial Development (CED), the largest and longest-running entrepreneurial network in the country, today announced that over 50 of North Carolina’s most disruptive companies have been selected to demonstrate breakthrough life science innovation at the CED Life Science Conference 2016, March 1-2 in Raleigh. Companies will be exhibiting in the Innovation Room, giving all conference attendees access to network with these emerging entrepreneurs.  

Cintas Location in Greensboro, NC to Receive the Highest Safety Designation

GREENSBORO, N.C. -- Cintas Corporation (NASDAQ: CTAS) today announced that its location in Greensboro will receive the Carolina Star on Thursday, February 11th. North Carolina OSHA awards Carolina Star recognition only to businesses that have met very detailed and comprehensive safety requirements.

WFU School of Business Unveils Game-Changing M.S. in Business Analytics

WINSTON-SALEM, N.C. -- A new Wake Forest University School of Business program designed to educate professionals in the high-demand field of business analytics has been approved by the University’s Board of Trustees. The Master of Science in Business Analytics (MSBA) program will welcome its first class in July 2016.

Technimark Launches New Healthcare Division to Grow Its Medical Component Manufacturing Services

ASHEBORO, N.C. -- Technimark, a global manufacturer of custom rigid plastic packaging and components, today announced the launch of its new medical division, Technimark Healthcare. Technimark Healthcare’s launch follows Technimark’s recent acquisition of Ci Medical Technologies. The new division expands Technimark’s healthcare business by combining its global footprint, technical capabilities and financial resources with Ci Medical’s blue-chip customer base and decades of experience in the healthcare market, including product development, scientific molding, contract manufacturing, assembly, packaging and logistics.

South Carolina Business Recruitment Tops $4.2 Billion in 2015

COLUMBIA, S.C. -- South Carolina posted another solid business recruitment year in 2015, with capital investment recruited to the state topping $4 billion. From January to December 2015, the state won 150 economic development projects, totaling $4.21 billion in capital investment and 17,280 jobs by new and expanding businesses. Reflecting South Carolina’s position as a manufacturing stronghold, the manufacturing sector comprised 56 percent of new jobs, with 9,680 manufacturing jobs recruited in 2015. Additionally, the sector accounted for $3.6 billion in capital investment recruited, representing 86 percent of the annual total.

Monday, February 8, 2016

NY Times Author Says Robots Will Have Disruptive Impact on Jobs

by David Menzies

RALEIGH, N.C. -- The machines are coming -- and they want our jobs. That's according to New York Times bestselling author Martin Ford who addressed the crowd at the 31st Annual Emerging Issues Forum: FutureWork at the Raleigh Convention Center hosted by the North Carolina State University (NCSU) Institute for Emerging Issues. Ford, a computer designer, software developer, and author of both Rise of the Robots: Technology and the Threat of a Jobless Future and The Lights in the Tunnel: Automation, Accelerating Technology and the Economy of the Future painted a somewhat bleak outlook for the future of the U.S. economy as it grapples with the onset of machines beginning to replace not only manpower but brainpower.

Scio Diamond Receives Another Patent for Lab-Grown Diamonds

GREENVILLE, S.C. -- Scio Diamond Technology Corporation (OTCBB: SCIO), which produces lab-grown diamonds, has received its 28th US patent for its unique process to grow diamonds that are chemically, physically and optically identical to mined diamonds. The newest patent is for Gemstone Production from Chemical Vapor Deposition (CVD) Diamond Plate and was granted on January 5, 2016.

PhishLabs Launches the First End-to-End Spear Phishing Solution Driven by Real-World Attack Intelligence

CHARLESTON, S.C. -- PhishLabs, the leading provider of 24/7 phishing defense and intelligence solutions, today announced general availability of T2 Spear Phishing Protection, the first solution in the industry using intelligence from real-world phishing attacks to train employees, analyze attacks, fight back against threats, and prevent data breaches. The company will spotlight T2 Spear Phishing Protection at RSA Conference 2016, one of the cybersecurity industry’s marquee events, Feb. 29 – March 4, at the Moscone Center’s North Hall (Booth 3485) in San Francisco.

Span-America Reports Improved First Quarter 2016 Results

GREENVILLE, S.C. -- Span-America Medical Systems, Inc. (NASDAQ:SPAN) is reporting growth in sales and net income for the first quarter ended January 2, 2016. Net income for the first quarter of fiscal 2016 rose 18% to $1.1 million compared with $970,000 in the first quarter of fiscal 2015. Earnings per diluted share rose 28% to $0.42 in the first quarter of fiscal 2016 compared with $0.32 in the first quarter of fiscal 2015. Net sales for the first quarter of fiscal 2016 were up 36% to $21.5 million compared with $15.7 million in the first quarter of fiscal 2015. The results for the first quarter of fiscal 2016 included 13 weeks of sales and operations compared with 14 weeks in the first quarter of fiscal 2015.