Surry Business

Hanesbrands Inc. (NYSE: HBI) will host a live Internet webcast of its quarterly investor conference call at 10 a.m. Thursday, Jan. 31. The company will review results for the fourth quarter and fiscal year that ended Dec. 29, 2007. The live Internet broadcast may be accessed on the home page of the Hanesbrands corporate Web […]

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It’s a question of when – not if – the national economic slowdown will affect the job market in the Triad, the High Point Enterprise reported today. “I expect we are going to feel it here,” Don Jud, professor emeritus of business administration at the University of North Carolina at Greensboro, told the newspaper. “The […]

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Bank of America Corp. said today its fourth-quarter 2007 earnings fell to $268 million, or 5 cents per share, from $5.26 billion, or $1.16 billion, in the quarter that ended Dec. 31, 2006. Wachovia Corp. said its fourth-quarter profit fell to $51 million, or 3 cents per share, from $2.3 billion, or $1.20 per share, […]

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Triad MLS reports 467 homes, condos and townhouses were sold in the Winston-Salem-area in December 2007 compared to 550 in the same month a year earlier. Residential-home sales (407 last month, 491 in 2006) accounted for all of the decline in volume. However, median and average sales prices rose at the end of 2007, climbing […]

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Insteel Industries Inc. (Nasdaq: IIIN) of Mount Airy today said net earnings fell 28 percent in the first fiscal quarter that ended Dec. 29, 2007, when net sales decreased 5.4 percent compared to the same quarter in 2006. However, operating activities in continuing operations provided $17.3 million of cash during the quarter compared with $4.2 […]

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In a recent six-week sales period, the Sears Roebuck and Co. authorized retail store at 1217 W. Lebanon in Mount Airy had the largest improvement in sales among the eight stores in its North Carolina district. Surry County’s sole Sears store sells appliances, lawn and garden equipment, electronics, Craftsman tools and exercise equipment. It’s open […]

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Amber Contracting of Mount Airy this month will begin construction of a $1.3-million addition to Abington Elementary School in Virginia. The job is to be finished by year’s end. Gary Huffman is the project manager. The 13,920-square foot-addition will include five classrooms, a computer lab, a library and two special education classrooms. Amber Contracting has […]

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LGS Transport in Mount Airy, formerly at 221 Snowhill Drive, has moved its headquarters to 137 Landform Lane off of Old U.S. 601. The company provides general freight hauling and also lowboy trailers for transporting vehicles, heavy equipment and specialized machinery. It make deliveries and pickups in all of the “lower 48” states. LGS Transport’s […]

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Surry County-based staffing service Workforce Carolina has promoted Kendra Garaventa to vice president of sales and marketing and Traci Hamilton to director of operations. Garaventa also will be responsible for the company’s new business development and customer retention. She is a University of North Carolina-Chapel Hill graduate who joined WorkForce Carolina three years ago. Hamilton […]

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Surry Community College in Dobson is rapidly expanding its facilities to train welders, Brooke R. Corwin reports today in The Surry Messenger. As SurryBusiness.com reported previously, a shortage of welders and other metal fabricators is preventing or delaying several companies’ expansion in Surry County. The college offers welding classes, but has had trouble attracting prospective […]

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