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Raleigh Triangle Local and Business News

  • ​Homeownership for millennials to rise faster in N.C. than other states

    First-time buyers are struggling – but in North Carolina, a cheaper cost of living and a slew of job opportunities means home ownership rates for millennials will likely rise faster than in other states.

    Broadly speaking, some states are doing a better job than others at attracting young workers – and North Carolina happens to be one of them, says Diana Carew, an economist at the Progressive Policy Institute.

    “That’s because they’ve got great apprenticeship programs, the Research Triangle,…

  • PintLabs' exit story begins with a pint of Lonerider

    It all started with a pint of Lonerider Brewing Co.’s Shotgun Betty.

    That’s what Jason Austin, co-founder of Raleigh-based PintLabs tells me.

    PintLabs, acquired today by Indiana beer tech SteadyServ, started on that Lonerider porch, really, when Austin got his first taste of “actually really good beer.”

    “I liked beer, but I wasn’t into the craft beer scene too much,” he says. But that changed with his Lonerider experience. “From that point on, I was really interested in it.”

    So…

  • Raleigh day spa opens state's second salt cave

    After falling in love with salt caves on the West Coast, Angela Padgett, owner of SkinSense Spa of Raleigh, created her own and perhaps the Triangle’s first. According to Padgett, the only other salt cave in the state is in Asheville, and the closest salt cave is located in Virginia.

    SkinSense has been established in Raleigh for over 20 years, with a location in North Raleigh on Falls of Neuse Road and a second location in Brier Creek.

    The day spa offers nail treatments, facials and massages,…

  • Pizzeria Toro in Durham to reopen in July

    Seven months after a building fire closed their pizza pie restaurant, the owners of Pizzeria Toro at Five Points in downtown Durham are bringing it back.

    Pizzeria Toro is expected to reopen in late July at its original spot at 105 E. Chapel Hill St. in Durham, says co-owner Jay Owens.

    His partners, Gray Brooks and Cara Stacy, will also be back to man the back of the house.

    Brooks says the restaurant will have a new ventilation system, but it will also still have the Tuscan-influenced décor in…

  • Former Martin Marietta CEO continues acquisition spree

    After Steve Zelnak retired from his 27-year position as CEO of Martin Marietta Materials, Inc. (NYSE: MLM), a Raleigh-based producer of sand, gravel and crushed rock used in construction, he formed a family enterprise.

    Two years ago, Zelnak and his son Brent used their partnership, ZP Enterprises LLC, formed in 2008, to purchase a majority stake in four companies: Accu Tool in Apex, Advanced Machining in Salisbury, Quality Products in Charlotte and Plasma Processes in Huntsville, Alabama.

    In a…