Report

Announced Business Closings and Permanent Layoffs

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November 2008 Announced Business Closings and Permanent Layoffs During November 2008, the following business closings and permanent layoffs were announced. These data are derived from a stat ewide survey of newspaper accounts of closings and layoffs, and from information supplied to the Employment Security Commission of North Carolina by the employing units experienc ing the closings and layoffs. THE DATA ARE NOT COMPREHENSIVE AND DO NOT MEET THE LABOR MARKET INFORMATION DIVISION STANDARDS FOR ACCURACY.

Staff in the Employment Security C ommission neither analyze nor evaluate the accuracy of these reports. *Note: For " #Affected", if blank = Unknown. The "# Affected" CANNOT BE USED FOR A COUNT for all workers experiencing layoff s in North Carolina during the stated period.

"# Affected" represents only those workers experiencing layoffs AS REPORTED by the above-stated sources. COUNTY COMPANY CITY NAICS PRODUCT # AFFECTED* REASON EFFECTIVE DATE CL/LY ALAMANCE LaLook Day Spa MEBANE 812199 Day spa Owner's decision 11/23/2008 CL BRUNSWICK Premier Molded Plastics Co. LELAND 326199 Plastics mfg.

40 Relocating to Asheboro 11/24/2008 LY Dean Hardwoods Inc. LELAND 423310 Hardwoods 12 Housing slowdown 11/11/2008 LY Ocean Isle Beach Realty, Inc. OCEAN ISLE BEACH 531210 Real estate 5 Economic conditions 9/30/2008 CL BUNCOMBE Kimmel and ... more. less.

Associates ASHEVILLE 541612 Executive search firm 10 Economic conditions 10/31/2008 LY Kimmel and Associates ASHEVILLE 541612 Executive search firm 3 Economic conditions 11/21/2008 LY BURKE Valdese Weavers VALDESE 313210 Textiles 60 Restructuring 11/3/2008 LY Baker Furniture HILDEBRAN 337122 Furniture mfg.<br><br> 117 Economic conditions 11/5/2008 LY Adden Furniture HILDEBRAN 493110 Seasonal furniture 20 Seasonal 11/5/2008 LY Cherokee Manufacturing, Inc. MORGANTON 424930 Nursery products 4 Slow sales 11/5/2008 LY Wednesday, December 10, 2008 Page 1 of 7 COUNTY COMPANY CITY NAICS PRODUCT # AFFECTED* REASON EFFECTIVE DATE CL/LY CABARRUS Wood Brothers JTG Racing HARRISBURG 336999 Auto racing/Car building Not stated 11/19/2008 LY Furniture Row Racing CONCORD 711219 NASCAR team Downsizing 11/12/2008 LY Roush Fenway Racing CONCORD 541612 Racing management 50 Consolidation 11/9/2008 LY CALDWELL Bernhardt Furniture Co. Inc.<br><br> (Plant 3) LENOIR 337211 Furniture mfg. 12 Economic conditions 10/23/2008 LY Thomasville Furniture Industries HUDSON 442110 Furniture outlet Not stated 11/26/2008 CL CATAWBA Bradington-Young HICKORY 337121 Furniture mfg. 23 Economic conditions 11/12/2008 LY Corning Cable Systems HICKORY 335921 Cable Economic conditions 11/13/2008 LY CLEVELAND MeadWestvaco (AGI) GROVER 339991 Packaging 123 Cost cuts 1/16/2009 CL Eaton Corporation KINGS MOUNTAIN 336399 Truck parts 51 Declining demand 11/11/2008 LY CRAVEN New Bern Mazda Imports & Trucks NEW BERN 441110 Car dealer 18 Slow sales 11/11/2008 CL CUMBERLAND 2 Girls & A Brush FAYETTEVILLE 238322 Painted furniture Owner's decision 12/22/2008 CL DAVIDSON ASMO North Carolina (AMT) THOMASVILLE 335314 Window motors 107 Restructuring 1/23/2009 CL Thomasville Furniture Industries THOMASVILLE 442110 Furniture outlet Not stated 11/26/2008 CL DAVIE Ingersoll-Rand Co.<br><br> MOCKSVILLE 333912 Air compressors 110 Economic conditions 11/19/2008 LY Wednesday, December 10, 2008 Page 2 of 7 COUNTY COMPANY CITY NAICS PRODUCT # AFFECTED* REASON EFFECTIVE DATE CL/LY DURHAM IBM Corporation RTP 334113 Computers 38 Restructuring 11/13/2008 LY Hatteras Networks Inc. RTP 334210 Telecommunications 12 Economic conditions 11/14/2008 LY DHL Express DURHAM 492110 Courier service 10 Competition 1/30/2009 CL Tweeter Opco LLC DURHAM 443112 Electronics 10 Bankruptcy 12/31/2008 CL Fidelity Investments RTP 523110 Investment firm Economic conditions 11/12/2008 LY Preservation Durham DURHAM 712120 Historical preservation 2 Cost cuts 11/6/2008 LY Council for Entrepreneurial DURHAM 541611 Nonprofit 4 Restructuring 11/15/2008 LY Lucy's Preschool, Inc. DURHAM 624410 Not stated 2 Bankruptcy 10/30/2008 CL EDGECOMBE NCDMV License Plate Agency TARBORO 561990 Contract license plate agency 3 Owner's decision 1/1/2009 CL FORSYTH Vulcan Materials Co.<br><br> WINSTON-SALEM 551114 Construction materials 38 Economic conditions 12/19/2008 LY C.P. Morgan Co. KERNERSVILLE 236115 Residential developer 17 Consolidation/Charlotte 1/21/2009 CL Hanesbrands Inc.<br><br> WINSTON-SALEM 313312 Textiles 155 Consolidation/streamlining 11/20/2008 LY Kriegsman WINSTON-SALEM 448190 Outerwear Not stated 11/29/2008 CL Barry's Menswear WINSTON-SALEM 448140 Menswear Expiring lease 12/31/2008 CL Steve & Barry's WINSTON-SALEM 448140 Clothing store Liquidation 1/1/2009 CL Tweeter Opco LLC WINSTON-SALEM 443112 Electronics 10 Bankruptcy 12/31/2008 CL Village Book Shop WINSTON-SALEM 451211 Book store 1 Property redevelopment 11/21/2008 CL SilkRoad Technology WINSTON-SALEM 511210 Software 12 Not stated 11/4/2008 LY FRANKLIN Franklin County Chamber of Commerce LOUISBURG 813910 Business promotion 1 Financial difficulty 11/6/2008 LY GASTON Bradington-Young CHERRYVILLE 337121 Furniture mfg. 31 Economic conditions 11/12/2008 LY Steve & Barry's GASTONIA 448140 Clothing store Liquidation 1/1/2009 CL Wednesday, December 10, 2008 Page 3 of 7 COUNTY COMPANY CITY NAICS PRODUCT # AFFECTED* REASON EFFECTIVE DATE CL/LY GUILFORD International Textile Group, Inc. GREENSBORO 313210 Yarn 150 Economic conditions 12/1/2008 LY Bill Davis Racing, Inc.<br><br> HIGH POINT 336111 NASCAR team 45 Sponsor loss 11/14/2008 LY Steve & Barry's HIGH POINT 448140 Clothing store Liquidation 1/1/2009 CL Tweeter Opco LLC GREENSBORO 443112 Electronics 10 Bankruptcy 12/31/2008 CL Press Wine Café GREENSBORO 722110 Café Not stated 11/9/2008 CL HARNETT Greene House, Inc. ANGIER 236115 Building contractor Bankruptcy 10/31/2008 CL HENDERSON County of Henderson HENDERSONVILLE 921140 County government 11 Economic conditions 12/31/2008 LY IREDELL Dale Earnhardt Inc. MOORESVILLE 711219 NASCAR team 116 Merger 11/12/2008 LY Petty Enterprises LLC MOORESVILLE 711219 NASCAR team 30 Not stated 11/18/2008 LY JOHNSTON Shelton's Furniture CLAYTON 442110 Furniture store Not stated 11/21/2008 CL LEE Wyeth Pharmaceuticals SANFORD 541710 Pharmaceuticals 124 Restructuring 11/18/2008 LY LENOIR T.C.<br><br> West Construction Co. KINSTON 236115 Contractor Bankruptcy 11/14/2008 CL Kinston Automotive LLC KINSTON 441110 Car dealer 65 Not stated 11/11/2008 CL Wednesday, December 10, 2008 Page 4 of 7 COUNTY COMPANY CITY NAICS PRODUCT # AFFECTED* REASON EFFECTIVE DATE CL/LY MECKLENBURG Harland Clarke Corp. CHARLOTTE 323116 Check printer 100 Efficiency evaluation 4/1/2009 CL Horizon Lines of Charlotte CHARLOTTE 483211 Containerships 70 Cost cuts 11/11/2008 LY Poseidon Seafood CHARLOTTE 424460 Seafood distributor Economic conditions 11/22/2008 CL Harold's Stores, Inc.<br><br> CHARLOTTE 448140 Clothing store 15 Competition 11/11/2008 CL Steve & Barry's CHARLOTTE 448140 Clothing store Liquidation 1/1/2009 CL Tweeter Opco LLC PINEVILLE 443112 Electronics 20 Bankruptcy 12/31/2008 CL Tweeter Opco LLC CHARLOTTE 443112 Electronics 10 Bankruptcy 12/31/2008 CL Elfrieda's Flowers CHARLOTTE 453110 Florist shop 6 Owner's decision 11/30/2008 CL Federal Reserve CHARLOTTE 521110 Check processing 78 Consolidation 1/1/2009 LY Sun Microsystems CHARLOTTE 541519 Technology firm 5 Cost cuts 1/5/2009 LY U.S. National Whitewater Center CHARLOTTE 712190 Recreation area 6 Economic conditions 11/3/2008 LY Hendrick Motorsports, Inc. CHARLOTTE 711219 NASCAR team 12 Economic conditions 11/9/2008 LY Hall of Fame Racing CHARLOTTE 711219 NASCAR team Not stated 11/30/2008 LY Moore & Van Allen CHARLOTTE 541110 Law firm 3 Economic conditions 11/10/2008 LY United Way CHARLOTTE 813219 Nonprofit 3 Cost cuts 11/5/2008 LY MITCHELL Unimin Corp.<br><br> Quartz/Feldspar Plant SPRUCE PINE 212399 Mining Fire 11/29/2008 CL NASH Main Street News and Brews Coffee Café ROCKY MOUNT 722213 Coffee shop Economic conditions 11/6/2008 CL Almand's Drug Stores (Downtown) ROCKY MOUNT 446110 Drug store 8 Slow sales 11/14/2008 CL NEW HANOVER Louisiana-Pacific Corp. WILMINGTON 321211 Lumber plant 28 Not stated 10/1/2008 LY Louisiana-Pacific Corp. WILMINGTON 321211 Plywood mfg.<br><br> 7 Cost cuts 11/19/2008 LY National Gypsum Co. WILMINGTON 327420 Wallboard 60 Housing slowdown 1/19/2009 CL The Home Collection WILMINGTON 442299 Home furnishings 2 Retirement 11/6/2008 CL Bali Trading WILMINGTON 442110 Furniture store 1 Not stated 11/20/2008 CL En Vie Interiors WILMINGTON 337110 Furniture store Not stated 11/22/2008 CL Valino's Restaurant and Martha's Karaoke WILMINGTON 722110 Restaurant 7 Fire 11/12/2008 CL Re/Max Coastal Properties WILMINGTON 531210 Real estate Consolidation/Sales slump 10/30/2008 CL Wednesday, December 10, 2008 Page 5 of 7 COUNTY COMPANY CITY NAICS PRODUCT # AFFECTED* REASON EFFECTIVE DATE CL/LY PERSON Georgia-Pacific Wood Products LLC ROXBORO 321219 Building products 120 Housing slowdown 11/30/2008 LY Boyette Auto Mall ROXBORO 441110 Car sales 26 Economic conditions 11/18/2008 CL PITT NACCO Materials Handling Group GREENVILLE 333924 Material handling equipment Economic conditions 11/25/2008 LY RANDOLPH Builders FirstSource ASHEBORO 423310 Building materials 12 Housing slowdown 11/3/2008 CL Blue Mist Bar-B-Que ASHEBORO 722110 Restaurant 26 Slow sales 10/31/2008 CL ROBESON Fleetwood Enterprises PEMBROKE 321991 Manufactured homes 95 Restructuring 1/25/2009 CL Rowland Motor Company ROWLAND 441110 Auto sales 15 Economic conditions 11/29/2008 CL ROCKINGHAM General Tobacco Co. MAYODAN 425120 Cigarette mfg.<br><br> 31 Declining demand 11/14/2008 LY ROWAN Hanesbrands Inc. CHINA GROVE 313111 Yarn 185 Cost cuts 12/21/2008 CL RUTHERFORD Watts Regulator SPINDALE 332919 Plumbing parts 40 Economic conditions 11/21/2008 LY SURRY Vaughan-Bassett Furniture ELKIN 337122 Furniture mfg. 400 Import competition/Recession 1/30/2009 CL ASMO North Carolina (AAC) MOUNT AIRY 335314 Window motors 95 Restructuring 2/20/2009 CL Wednesday, December 10, 2008 Page 6 of 7 COUNTY COMPANY CITY NAICS PRODUCT # AFFECTED* REASON EFFECTIVE DATE CL/LY WAKE Esteves Concrete Inc.<br><br> FUQUAY-VARINA 238112 Concrete contractor 34 Bankruptcy 11/4/2008 CL News and Observer RALEIGH 511110 Newspaper distribution 75 Contract w/ Penske Logistics 1/15/2009 LY DHL Express RALEIGH 492110 Courier service 10 Competition 1/30/2009 CL Siemens Medical Solutions CARY 423450 Health care 9 Restructuring 11/14/2008 LY Poseidon Seafood RALEIGH 424460 Seafood distributor Economic conditions 11/22/2008 CL If It's Paper, Inc. RALEIGH 424130 Paper store Downsizing 12/20/2008 CL Capital City Grocery RALEIGH 445110 Grocery store 26 Not stated 11/22/2008 CL Harold's Stores Inc. RALEIGH 448140 Clothing store 9 Competition 11/11/2008 CL Acorn RALEIGH 448120 Women's clothing Not stated 11/23/2008 CL Raleigh Rug Co.<br><br> RALEIGH 442210 Rugs Not stated 11/19/2008 CL Tweeter Opco LLC RALEIGH 443112 Electronics 10 Bankruptcy 12/31/2008 CL Tweeter Opco LLC CARY 443112 Electronics 10 Bankruptcy 12/31/2008 CL Raleigh Riviera Restaurant RALEIGH 722110 Restaurant 23 Not stated 11/3/2008 CL Optimal Technologies RALEIGH 511210 Software 35 Economic conditions 11/5/2008 LY Sun Microsystems RALEIGH 541519 Technology firm 6 Cost cuts 1/5/2009 LY Perry Builders LLC RALEIGH 236115 Construction management 25 Housing slowdown 10/31/2008 LY Preservation Homes LLC APEX 238115 Construction management 6 Housing slowdown 11/28/2008 LY WATAUGA Kangaroo Express BOONE 447110 Convenience store Fire 11/24/2008 CL Brandies Country Café BOONE 722110 Restaurant Fire 11/24/2008 CL WILSON Parktown Cars Inc. WILSON 441110 Used car sales 5 Retirement 10/31/2008 CL Wednesday, December 10, 2008 Page 7 of 7

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