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Local Government
Healthcare Tech Company To Bring 400 Jobs To Chapel Hill PDF Print E-mail
Local Government
By Administrator   
Wednesday, 04 December 2019 09:21
Governor Cooper Announces 400 New Jobs in Chapel Hill for Healthcare Technology Operations Center
 
Well will invest $3 million in Orange County
 
RALEIGH: Well Dot, Inc., (Well) a fast-growing healthcare technology company will locate a new operations center in Chapel Hill, creating 400 jobs, Governor Roy Cooper announced today. The company will invest $3 million in Orange County.
 
"Healthcare and information technology are areas where North Carolina excels, because of our strong workforce and the continued pipeline of workers from universities and colleges all over the state,” said Governor Cooper. “Companies like Well see our achievements as a strong reason to choose places like Chapel Hill to pursue their plans for success.”
 
Well provides a consumer engagement platform that helps individuals navigate and improve their health. Well’s concierge health team and digital experiences provide on-demand support to members for their health needs, while proactively surfacing personalized health insights. Well’s new operations center will serve as the primary center for the company’s clinical and health experts, and will also house software developers, data analysts, and corporate personnel.
 
“North Carolina has proven to be a fertile market to attract top talent across our range of requirements, from development to clinical to customer service,” said Gary Loveman, Founding Chairman and Chief Executive. “Our leadership team has close ties to Chapel Hill and we are thrilled to make our home here.” 
 
“Innovative companies are attracted to North Carolina because our state offers the right ingredients for success,” said North Carolina Commerce Secretary Anthony M. Copeland. “As a major hub for information technology and some of the leading research centers in medicine, the Research Triangle region offers the perfect place for Well’s next phase of growth.”
 
The North Carolina Department of Commerce led the state’s support for the company during its site evaluation and decision-making process.
 
Although wages will vary depending on position, the average salary for all the positions will reach $63,020. The Orange County average wage is $46,112.
 
Well’s project in North Carolina will be facilitated, in part, by a Job Development Investment Grant (JDIG) approved by the state’s Economic Investment Committee earlier today. Over the course of the 12-year term of this grant, the project is estimated to grow the state’s economy by $609 million. Using a formula that takes into account the new tax revenues generated by the new jobs, the JDIG agreement authorizes the potential reimbursement to the company of up to $3,394,500 spread over 12 years. State payments only occur following performance verification by the departments of Commerce and Revenue that the company has met its incremental job creation and investment targets. JDIG projects result in positive net tax revenue to the state treasury, even after taking into consideration the grant’s reimbursement payments to a given company.
 
Because Well chose to expand in Orange County, classified by the state’s economic tier system as Tier 3, the company’s JDIG agreement also calls for moving as much as $1.1 million into the state’s Industrial Development Fund – Utility Account. The Utility Account helps rural communities finance necessary infrastructure upgrades to attract future business. Even when new jobs are created in a Tier 3 county such as Orange, the new tax revenue generated through JDIG grants helps more economically challenged communities elsewhere in the state. More information on the state’s economic tier designations is available here <https://click.icptrack.com/icp/relay.php?r=38109465&msgid=467112&act=E9NM&c=1346310&destination=https%3A%2F%2Fwww.nccommerce.com%2Fgrants-incentives%2Fcounty-distress-rankings-tiers> .
 
“The people of Chapel Hill and Orange County look forward to supporting Well’s leaders and new employees as they grow their company in our community,” said N.C. Senator Valerie Foushee. “We welcome these new jobs to our region.”
 
“It’s exciting to see this new operations center locate in Chapel Hill,” said N.C. Representative Verla Insko. “Many people at both the state and local level worked hard to attract this project. I look forward to working with and supporting this company for many years to come.”
 
Partnering with the North Carolina Department of Commerce and the Economic Development Partnership of North Carolina on this project were the North Carolina Community College System, Orange County, the Town of Chapel Hill, Orange County Economic Development, and Chapel Hill Economic Development.
 
 
DNA Testing Company Relocates HQ To Dutham PDF Print E-mail
Local Government
By Administrator   
Wednesday, 04 December 2019 09:03
HealthCodes DNA has officially announced its relocation to Durham, North Carolina. The genetic testing company launched in 2017 in Chattanooga, Tennessee, where it built a strong reputation thanks to its cutting-edge DNA testing. 
 
The company’s new headquarters based in Durham places it right in the heart of the state’s well-known Research Triangle. Durham makes up one point of the triangle along with Chapel Hill and Raleigh. 
 
It is in this region that researchers and scientists are educated at the universities of Duke, North Carolina, and North Carolina State. HealthCodes DNA has benefited greatly due to its new location and the brainpower that has been educated and trained in the Research Triangle area.
 
“Our new location in Durham gives us an even greater ability to reach clients and work with top-notch researchers, scientists, and others in the genetics field,” stated Charles Lanman, CEO of HealthCodes DNA. “The move takes us into a new, exciting phase that will see the company grow further.”
 
HealthCodes DNA provides customers with clinical-grade DNA testing enabling individuals to optimize their healthy lifestyles and to learn more about their bodies. The genetic tests come with a comprehensive results book allowing clients to learn more about their bodies than ever before. 
 
HealthCodes DNA’s genetic tests provide information on an individual’s exercise and dietary needs. The information gleaned from the genetic tests allows individuals to live healthier lives if the diet and exercise plans are followed. 
 
According to HealthCodes DNA, diets are not ‘one size fits all’. The reason some diets work for certain people is in their DNA. Due to each person’s genetic makeup being different, diet and exercise needs are not the same between individuals. The company’s clinical-grade genetic tests allow individuals to harness this information to better lose weight, gain muscle, and live healthy. The results provide users with a lifestyle adjustment based on genetics and real goals can be met using the test outcomes. 
 
About HealthCodes DNA
 
HealthCodes DNA is a genetic testing company that provides results detailing the prescribed diet and exercise plans individuals should undertake based on their DNA. Founded in 2017, HealthCodes DNA is based in Durham, North Carolina and benefits from the region’s world-class scientific minds and laboratory facilities. Clients can choose from several DNA kit testing options and receive information about their genetic makeup using their DNA testing technology. 
 
Clinton Co-op Gets USDA Grant To Upgrade Broadband PDF Print E-mail
Local Government
By Administrator   
Thursday, 28 November 2019 07:17
Star Telephone Membership Corporation of Clinton, N.C., will use a $23.7 million ReConnect Program grant to deploy a fiber-to-the-home (FTTH) broadband network capable of simultaneous transmission rates of 100 megabits per second (Mbps) or greater. The funded service area includes 8,749 households, 19 businesses, 10 educational facilities, and three critical community facilities. The project will facilitate more access to services and information for local residents, and it will improve the overall quality of life for people in the community.
 
The grant comes from the U.S. Department of Agriculture (USDA). 
 
“Our core mission at USDA is to increase rural prosperity, and this mission cannot be achieved without addressing the digital divide our rural communities face due to a lack of high-speed broadband internet connection,”bsaid Deputy Under Secretary for Rural Development Donald “DJ” LaVoy  LaVoy said. “Under the leadership of President Trump and Agriculture Secretary Sonny Perdue, USDA is committed to being a strong partner to rural communities in deploying this critical infrastructure, because we know when rural America thrives, all of America thrives.”
 
Background:
 
In March 2018, Congress provided $600 million to USDA to expand broadband infrastructure and services in rural America. On Dec. 13, 2018, Secretary Perdue announced the rules of the program, called “ReConnect,” including how the loans and grants will be awarded to help build broadband infrastructure in rural America. USDA received 146 applications between May 31, 2019, and July 12, 2019, requesting $1.4 billion in funding across all three ReConnect Program funding products: 100 percent loan, 100 percent grant, and loan-grant combinations. USDA is reviewing applications and announcing approved projects on a rolling basis. Additional investments in all three categories will be made in the coming weeks.
 
These grants, loans and combination funds enable the federal government to partner with the private sector and rural communities to build modern broadband infrastructure in areas with insufficient internet service. Insufficient service is defined as connection speeds of less than 10 Mbps download and 1 Mbps upload.
 
In April 2017, President Donald J. Trump established the Interagency Task Force on Agriculture and Rural Prosperity to identify legislative, regulatory, and policy changes that could promote agriculture and prosperity in rural communities. In January 2018, Secretary Perdue presented the Task Force’s findings to President Trump. These findings included 31 recommendations to align the federal government with state, local and tribal governments to take advantage of opportunities that exist in rural America. Increasing investments in rural infrastructure is a key recommendation of the task force. To view the report in its entirety, please view the Report to the President of the United States from the Task Force on Agriculture and Rural Prosperity (PDF, 5.4 MB). In addition, to view the categories of the recommendations, please view the Rural Prosperity infographic (PDF, 190 KB).
 
USDA Rural Development provides loans and grants to help expand economic opportunities and create jobs in rural areas. This assistance supports infrastructure improvements; business development; housing; community facilities such as schools, public safety and health care; and high-speed internet access in rural areas. For more information, visit www.rd.usda.gov.
Last Updated on Thursday, 28 November 2019 07:21
 
Haywood Electric Co-op Receives $24 Million Federal Loan To Upgrade Infrastructure PDF Print E-mail
Local Government
By Donna Martinez   
Thursday, 28 November 2019 05:46
The Haywood Electric Membership Corporation, which serves about 27,000 members in three southern states, is receiving a $24 million loan to connect 1,800 customers, build and upgrade 58 miles of distribution line, and build four miles of transmission line.
 
The loan includes $750,000 to finance smart grid technologies. Haywood provides electric service to eight counties in Western North Carolina, and to portions of two counties in northeastern Georgia and South Carolina.
 
The loan is from the U.S. Department of Agriculture's Electric Loan Program. 
 
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