Business & Economy

A Hong Kong based company is expanding in Greensboro.

The Obama administration says thousands of North Carolina families could benefit from a proposed home-refinancing program. Housing and Urban Development Secretary Shaun Donovan came to Raleigh to tout the proposal. He told WUNC that ten percent of North Carolina homeowners owe more on their home than the home is worth and the national average is twice that.

A first-of-its-kind meat processing center has opened in Western North Carolina. The Foothills Pilot Plant is a non-profit operation designed to help small farmers and impact the local food movement.

A leading Smart Growth advocate is visiting the Triangle today to speak on lessons in “Livability” for the 21st Century.  Democratic Congressman Earl Blumenauer of Portland says he’s impressed with urban revitalization projects like the American Tobacco Historic District in Durham.  But he says planners and politicians are running out of time if they want to develop mass transit to maintain the Triangle’s current quality of life.