Business Briefs

Rural Center Invests More than $1 Million in 3 Companies

Posted March 13, 2008 12:42 p.m. EDT
Updated March 14, 2008 1:20 p.m. EDT

The North Carolina Rural Economic Development Center will invest more than $1 million in three companies in rural and distressed areas of North Carolina that promise to boost local economies. A Beaufort County yacht builder, a construction equipment manufacturer in Bertie County, and a floor molding business in Duplin County each will receive $350,000. For details, see the Philanthropy Journal report.