Business Services Industry
Triangle.(Inspire Pharmaceuticals marketing rights from Boehringer Ingelheim International)(Verizon Communications recruiting plans for workers and contracts with ABN AMRO Bank N.V.)(Progress Energy sold Progress Telecom to Level 3 Communications)
Business North Carolina, May, 2006
Xerium is xerious about its direction
Xerium Technologies moved its headquarters to Youngsville from Westborough, Mass., to consolidate management near its factories in the Southeast. Xerium, which makes equipment used in paper production and is traded on the New York Stock Exchange, has about 30 of its 3,900 employees in Youngsville and 36 factories in 15 countries. The company, which lost $2 million on sales of $582 million in 2005 and $14 million on sales of $582 million in 2004, is cutting costs.
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RALEIGH -- INC Research, a contract research organization specializing in oncology and disorders of the central nervous system, plans to add 100 jobs here this year, for a total of 345. The local company, which employs...
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