North Carolina law requires all drivers to carry auto insurance. However, many people fail to pay their premiums or simply choose to drive without insurance. Fortunately, NC insurance laws also require all car insurance policies to include Uninsured Motorist coverage. This is the payment source for your injury claims if you are struck by an uninsured or hit & run driver.
Durham area accident caused by an uninsured driver? Our NC insurance law allows "stacking" of UM policies. Victims are covered by the UM on the vehicle they are riding in, on their own policy if they have separate insurance, and also on all family-owned insurance policies for residents of the victim's household.
Insurance analysts estimate that nearly one in eight motorists in the U.S. are either uninsured or underinsured. These careless drivers aren't just putting themselves in jeopardy; they also jeopardize your physical safety and financial well-being. The good news is UM coverage pays, but the insurance adjusters handling these claims will seek to minimize your benefits. Two other bits of good news: First, collecting UM benefits from your own policy will not harm your coverage or increase your premiums. Second, once your insurance company pays you, they will go after the uninsured driver seeking full reimbursement, and even suspend their drivers license until payment arrangements are made. Uninsured drivers do not escape justice!
At Nagle & Associates, we stand ready to protect and enforce your rights if you suffer injuries caused by a negligent driver without insurance. Please don't trust your insurance adjuster to simply volunteer full and fair payment. Former adjuster Carl Nagle cautions that "insurance adjusters are paid to minimize your claims, and they will pay you as little as you let them". Whether you choose our firm or another, an experienced underinsured or uninsured driver accident attorney in Durham can help access and collect from multiple insurance policies, present the strongest injury case, and collect the tax-free compensation you deserve.
Carl Nagle previously worked in Atlanta, Georgia for insurance companies as a claims adjuster and as an insurance company lawyer. He then moved to North Carolina and now only represents victims of NC motor vehicle accidents. Our firm has successfully handled many underinsured and uninsured motorist cases. Drawing on 30 years of focused motor vehicle accident experience, Carl Nagle is passionate about protecting the rights of injured victims and their families.
Our legal team is committed to recovering the compensation our clients' need to restore savings, pay for past and future medical needs, be compensated for scarring and lost quality-of-life, and to have tax-free compensation so they can improve their life following a serious collision. As such, every attorney at Nagle & Associates works tirelessly to help clients - just like you - understand how underinsured/uninsured driver claims work and how a great lawyer can help you maximize your injury claims and present the strongest legal case.
Underinsured and uninsured driver accident claims can be very complex and involve a variety of factors. Some of the most common situations we find in these cases include:
Regardless of the circumstances, you can rest easy knowing our uninsured and underinsured driver accident attorneys in Durham have the skills, experience, and commitment to pursue all of your legal claims and collect maximum payment for your past and future medical needs, for lost wages, and for your pain and suffering.
Nagle & Associates isn't like other underinsured and uninsured driver accident law firms, and that's by design. We don't advertise on television, on the radio, or on billboards. We focus on real injuries and devote ourselves to excellence in service and results. Instead, we focus those resources on benefiting our clients by providing caring yet highly effective legal services for every accident victim we represent.
We also have a better fee structure than other personal injury law firms that handle underinsured and uninsured driver crashes.
Our legal team works on a contingency fee basis, which means we only get paid once your case is settled or your trial concludes. Most cases settle privately, with no lawsuit filings and no court involvement. The contingency fee structure incentivizes your lawyer to pursue maximum compensation for your injury claims. Frankly, an experienced lawyer will collect more from insurance companies than an unrepresented victim. To the extent that your lawyer collects more than you could have, he/she pays his/her own fee. Our goal is to leave you with far more settlement money in hand than you would ever get handling your case alone, and we make the insurance claim process much easier for you.
While many underinsured and uninsured driver accident law firms charge 33.3% of the settlement and 40-44% of amounts collected after a lawsuit is filed, our firm offers a more client-oriented rate of 25% on the settlement and 33.3% on any amounts collected in litigation. We file lawsuits only when an insurer refuses to offer a fair settlement, and only when we agree together that suit filing is the best path toward full compensation for your accident claims. We are a boutique law firm dedicated to concierge level client service and excellent results. We only handle serious motor vehicle accident cases, and our discounted fee percentage leaves a larger share of your settlement money in your hands when the case closes.
We stand ready to begin working on your case now. We offer free consultations by phone and if you want our help, we can meet in our office, and we also have investigators who can meet with you where you are, whether its at your home, your work or even if you are still under care at Carolina Reserve of Durham near Durham. If you prefer, you can even retain us by exchanged mailings. We charge no legal fee to help our clients with their property damage claims, and charge nothing for home visits. And remember, there are no up-front costs because our fee is a percentage of settlement, so we are paid only if and when we collect a settlement that you accept.
Uninsured Motorist (UM) coverage compensates crash victims for injuries and damages resulting from an accident caused by a driver who has no insurance whatsoever, or by a hit & run driver who cannot be identified. UM does not for property damage caused by a hit & run driver, but injury claims are fully covered by all applicable policies. In contrast, Underinsured Motorist (UIM) coverage steps in when a driver has liability insurance, but the coverage limits are insufficient to cover the injuries and damages they've caused.
The number of drivers on the road without insurance is quite alarming. According to the Insurance Information Institute, around 13% of motorists in the United States are uninsured. In North Carolina, that figure is notably lower, with about 6.5% of drivers operating without insurance coverage. However, the mandatory coverage limits in NC are quite low: before July 1, 2025, drivers can legally drive with only $30,000 per-person and $60,000 per-accident in bodily injury liability coverage. After July 1, 2025, our mandatory coverage increases to $50,000 per-person and $100,000 per-accident.
Our firm only handles real injury claims arising from forceful collisions. We commonly represent victims with injury claims worth more than $50,000. In these cases, we make sure the victim does not sign a Release for the liability coverage, because this destroys your payment rights for UIM coverage. We also notify and open claims for all stackable UIM policies. Once we bring all insurance companies and adjusters to the table, we present the strongest medical evidence, present a strong threat of litigation and trial, and push for the highest possible settlement offer.
UM and UIM are both stackable coverages in NC. If the at-fault driver had no insurance or was a hit & run driver, all UM policies stack. If the at-fault driver doesn't have enough coverage to fully fund your injury claims, all UIM policies stack to provide aggregate coverage and payment for all injury claims.
Policies stack from three sources - the policy on the vehicle the victim was riding in, the victim's personal auto policy if they were riding in someone else's vehicle, and every separate policy for anyone related to the victim by blood or marriage who resided with the victim on the date of the accident. Consider this hypothetical: Mary is riding with her friend Paula when they are struck by a hit & run driver. Paula's UM policy provides $50,000 per person in UM coverage. Mary has her own car and her policy has $100,000 in UM coverage. Mary lives with her son who has a separate auto insurance policy with $250,000 in UM coverage. In this case, Mary can stack and collect from all policies, and receive up to $400,000 in tax-free injury claim payments.
North Carolina's Motor Vehicle Safety and Financial Responsibility Act of 1953 (MVSFRA) defines a vehicle as "uninsured" if it lacks both bodily injury liability insurance and property liability insurance that meets at least the minimum limits set by state law. A vehicle may still be deemed uninsured if it has such insurance but the insurer denies coverage or has gone bankrupt.
According to the MVSFRA, a vehicle is deemed "underinsured" when the total liability limits from all applicable bodily injury insurance policies at the time of the accident fall short of the limits of underinsured motorist coverage for the vehicle involved in the collision and covered under the owner's policy.
When you file an uninsured or underinsured motorist insurance claim, your UM/UIM insurance carrier essentially acts as if they were the defendant. Despite being your own coverage, the insurance adjuster will try to reduce the amount they pay you just as the insurance company of the at-fault driver would. Always remember that insurance companies are for-profit businesses. They are in business to collect premiums, not to pay claims.
Your insurance adjuster might downplay your injuries or argue that you were fully or partially responsible for the accident. In North Carolina, under our pure contributory negligence law, if you are deemed even slightly at fault for the accident, you have no payment rights and cannot collect any compensation. If the adjuster can place you just 1% at fault, you get nothing. And insurance adjusters always challenge claims, question the extent of your injuries, argue that medical bills are unreasonable, and they offer pennies on the dollar to unrepresented victims. That's why it's crucial to involve an attorney as soon as possible—this helps protect your rights and increases your chances of collecting a settlement that reflects what you would receive from a jury of your neighbors following a successful trial.
Even if you prefer to handle your case without a lawyer, personal injury lawyers offer free consultations which can be accomplished by phone or in person. Invest time to talk with a victims' rights advocate who can explain your rights and options, and help you understand how to properly present your accident/insurance claims.
When it comes to collecting compensation after an uninsured or underinsured driver accident, the amount you get often depends on your auto insurance policy. In North Carolina, the law mandates that all car insurance policies include Uninsured Motorist coverage, but having Underinsured Motorist coverage is optional. That means you can collect benefits for Uninsured Motorist through your own policy, while benefits for Underinsured Motorists will depend on your coverage and the coverage on any other policies that apply.
Here's how you may be protected:
Uninsured Motorist coverage (UM) comes into play when another driver is at fault and lacks liability insurance. In such cases, the UM your insurance provider will assist in covering medical expenses, lost wages, pain and suffering, and property damage, up to the limits set in your policy. UM coverage also applies if your collision was caused by a hit and run driver. In these cases, UM covers the injury claims but will not pay for repairs or replacement of your damaged vehicle. Thus, collision coverage is needed to collect for property damage caused by a hit and run driver.
Underinsured Motorist coverage (UIM) comes into play when the at-fault driver's insurance limits aren't enough to cover your accident-related losses. In such cases, your may be able to access multiple UIM policies to help cover your claims and damages that exceed what the at-fault driver's policy can provide.
In North Carolina, the minimum limits for Uninsured/Underinsured Motorist (UM/UIM) coverage match the state's minimum liability requirements. This means you should have at least $30,000 for each injured person in an accident, $60,000 total for personal injuries per accident, and $25,000 for property damage. If you find yourself in an accident with a driver who lacks sufficient insurance and you don't have UIM coverage, don't lose hope. You may be able to access other policies, or you can still work with an underinsured driver accident attorney in Durham to pursue a lawsuit against the at-fault driver's personal assets.
Both types of insurance coverage provide compensation for injuries that typically arise from motor vehicle collisions. For a claim to be valid, the at-fault driver's negligence must be the "proximate cause" of the costs or damages incurred. Some of the UM and UIM damages you can claim include:
Under North Carolina law, you can draw not only from your own insurance policy but also from the policy of any relative by blood or marriage who currently lives with you and has UM/UIM coverage for their vehicle. For instance, a student going to Quality Education Institute near Durham, who is living at home, can stack and collect from both their UIM policy and their parents' UIM policy if each has separate vehicles and separate insurance policies. The key is separate policies. If a single crash victim has multiple auto insurance policies, the can stack and use all of those policies, and still collect from family-owned policies AND the policy for the vehicle they occupied during the accident.
It's important to understand that UM/UIM coverage isn't automatically applied - North Carolina has specific regulations that outline when an injured party can file a UM/UIM claim. Since these rules can be quite complex, it's wise to work with an uninsured or underinsured driver accident attorney in Durham who is knowledgeable about underinsured and uninsured motorist coverage to help navigate the process and effectively resolve your claim.
Here are some of the most frequently asked questions we get from clients who were hit and injured by an underinsured or uninsured driver in North Carolina.
Uninsured Motorist coverage does cover injury claims arising from a hit-and-run accident, but certain criteria must be met to prevent fraudulent claims. First, victims should report the crash to police immediately Period Second, if your injuries are significant, you should speak with a lawyer about how to report claims and speak safely with insurance carriers. Lastly, there must be actual contact between the vehicles involved. This is often referred to as the "no contact rule." For instance, if one vehicle forces another off the road without any physical contact, the uninsured motorist coverage is not liable and North Carolina law allows them to deny the claim.
After an accident, the process of recovery can feel daunting and overwhelming, especially if you're dealing with injuries or recovering at Calyx Living of Durham near Durham. That's why it's wise to reach out to one of our experienced personal injury attorneys, who can help take that burden off your shoulders. We work on a contingency fee basis, meaning you won't owe us a dime unless we secure compensation for you. That means there's no downside to giving us a call at (800) 411-1583 to explore your options.
According to North Carolina law, interpolicy stacking is applicable only to insurance for "nonfleet private passenger motor vehicles," as outlined in N. C. Gen. Stat. §58-40-15 (9) and (10). Furthermore, any uninsured or underinsured motorist coverage included in a policy that covers five or more vehicles, or that pertains to vehicles not classified as a "private passenger motor vehicle" under the statute, does not qualify as a "separate or additional policy." Therefore, the limits of such coverage cannot be stacked with those of any other policies when determining the uninsured and underinsured motorist limits.
To protect your right to payment for your injury claims, it's important to be aware of the deadlines for filing uninsured and underinsured motorist claims, referred to as the statute of limitations. In North Carolina, you typically have three years from the date of the accident to file your lawsuit against all liable parties. However, in fatal injury cases, our NC Wrongful Death Act requires suit to be filed within two years. You should never wait until the last minute to you're your lawsuit! Navigating the claims process can be tricky, and the last thing you want is to miss out on the compensation you deserve because you didn't meet the deadline. That's why it's a good idea to team up with a skilled uninsured driver accident attorney in Durham who can help you handle your claim more effectively.
Many drivers shell out significant premiums to insurance companies for coverage in the event of an accident. Unfortunately, insurance companies commonly oppose, minimize and deny valid claims. This leaves injured individuals and victims of motor vehicle accidents in a tough spot when they need assistance the most. Unfortunately, it happens frequently and insurance companies often resort to various tactics to safeguard their profits.
Tactics like these are made in bad faith. They can include:
Insurance companies often rely on these claim-opposition tactics to delay, minimize & deny claims, which underscores the importance of having a strong advocate by your side. Partnering with an experienced NC underinsured or uninsured accident lawyer can help your claim get approved, and help you collect maximum payment for your crash-related losses.
If you've been in an accident caused by an uninsured or underinsured driver, it's very easy for insurance adjusters to control the dialogue and steer you toward a bad result. Even though you're dealing with your own insurance company, they know you don't intend to go to court without a lawyer, and they will not help you find reasons to pay full value for your accident and injury claims. Expect opposition and don't trust the insurance adjuster who is being paid to minimize your claims.
At Nagle & Associates, our experienced attorneys in North Carolina only handle motor vehicle accident cases and we know exactly how to pursue and collect maximum payment fo any victim of an uninsured or underinsured driver. We have decades of experience with complex traumatic medical cases, and we know how to collect and present your medical evidence, and how to compel the insurance adjusters to pay the full value of your case. We have mastered all NC insurance laws, and we know how to access multiple policies and compel maximum payment for your injury claims. We work closely with every client, develop a relationship that helps us understand your story, and work to solve your problems every step. We work for you, and with you! Together, we'll gather the details of your situation, thoroughly investigate the incident, and outline the best legal options for you. Whether you need guidance through the entire process, assistance in negotiating with the insurance company, or representation in court against a negligent driver or insurer, we've got your back. We're not afraid to take a strong stance to ensure you get the compensation you're entitled to.
Contact our office today for your free consultation.
Ordering the top employers in Raleigh, Durham, and the greater Triangle can be tricky. Companies aren’t compelled to disclose local headcounts. When asked, some like Cisco and SAS gave general hiring ranges; others like IBM and GlaxoSmithKline declined to share location-specific jobs figures at all.But while employers don’t have to inform the public how many workers they have in the area, the vast majority do need to tell the government.Each month, every business, school, nonprofit and government agency in the state...
Ordering the top employers in Raleigh, Durham, and the greater Triangle can be tricky. Companies aren’t compelled to disclose local headcounts. When asked, some like Cisco and SAS gave general hiring ranges; others like IBM and GlaxoSmithKline declined to share location-specific jobs figures at all.
But while employers don’t have to inform the public how many workers they have in the area, the vast majority do need to tell the government.
Each month, every business, school, nonprofit and government agency in the state that pays unemployment insurance taxes must report their jobs numbers to the North Carolina Department of Commerce. Some professions are exempt from this rule — like active military and elected officials — but it applies to more than 95% of jobs nationwide.
The N.C. Commerce Department keeps these hiring totals confidential. However, four times a year, the state uses this data to rank the biggest employers in all 100 counties — No. 1 to No. 25 — and updates the lists online. It also posts the top 300 employers statewide. Walmart is North Carolina’s largest employer, followed by Duke University.
Despite not displaying precise jobs numbers, the county-level rankings still reveal trends: Which companies appear to be hiring faster and which have receded in relative prominence? Since President Donald Trump retook office, these rankings also clarify to what degree federal policies will affect the Research Triangle workforce, from Duke and NC State to RTI International and the Environmental Protection Agency.
So, what company has replaced IBM as the largest employer in Research Triangle Park? Which are Wake County’s top hirers? And who is the biggest employer in Orange County or the No. 2 employer in Johnston County? Let’s explore.
All data is current through the summer of 2024.
Key takeaways:
Federal actions expected to most impact Duke include a sharp reduction in the proportion of “indirect” costs that the National Institutes of Health would cover for research grants — a change that leaders say could cost the university roughly $194 million per year if it is ultimately enacted. Other proposed or potential actions, such as an increase on taxes for university endowments and cuts to Medicaid and other government-funded health care services, could cost the university an extra $500 million per year, Duke says.
Key takeaways:
One key takeaway:
One of Orange County’s rising employers landed just outside the top 10. The supermarket chain Wegmans opened its Chapel Hill location in 2021 and now is the county’s 11th-biggest employer according to state Commerce Department data.
One key takeaway:
The Danish drugmaker Novo Nordisk is the largest private employer in fast-growing Johnston County. It opened its first Clayton facility in 1993 where it makes injectable finished products (IFPs) like insulin pens. In 2015, the drugmaker announced plans to double its facility space southeast of Raleigh with a $1.85 billion investment, then the largest manufacturing commitment in state history. This project completed in 2020 and was the company’s first facility outside of Denmark to manufacture active drugs.
Propelled in part by demand for its weight-loss drugs Ozempic and Wegovy, Novo Nordisk in June announced the state’s largest-ever private life science investment, committing $4.1 billion and 1,000 more jobs to grow its Johnston County facility.
One key takeaway:
Chatham County has yet to see two major manufacturing projects from recent years — one from the electric carmaker VinFast and the other from the chipmaker Wolfspeed — make a dent on its top employers list. After promising upwards of 7,500 jobs near the unincorporated town of Moncure, VinFast has postponed its factory plans until at least 2028, telling The N&O in February that the company had “no updates to the site plan or the timeline.”
On the western side of Chatham County, Wolfspeed is close to opening a massive materials plant near Siler City. However, the financially vulnerable company this month announced it would lay off a portion of its Chatham workforce, citing the need to strengthen its balance sheet in order to eventually achieve its commitment to hire 1,800 workers in the county.
All data is current through the summer of 2024.
N&O reporters Korie Dean and Luciana Perez Uribe Guinassi contributed reporting.
This story was originally published March 24, 2025 at 5:00 AM.
A lot of you told me to listen to this guy:@ssilverstone24Jason Isaac’s mastery of accents is unreal #jasonisaacs #thewhitelotus #whitelotus #slytherin???? #raliegh #southernaccent That’s British actor Jason Isaacs, who’s probably best known for his role as Lucius Malfoy in the Harry Potter movies. Here he’s pla...
A lot of you told me to listen to this guy:
@ssilverstone24Jason Isaac’s mastery of accents is unreal #jasonisaacs #thewhitelotus #whitelotus #slytherin???? #raliegh #southernaccent
That’s British actor Jason Isaacs, who’s probably best known for his role as Lucius Malfoy in the Harry Potter movies. Here he’s playing a rich dude from Durham named Timothy Ratliff, who brings his family to a resort in Thailand in season three of The White Lotus. The joke is that Ratliff went to Duke and his wife Victoria (played by Parker Posey) went to UNC. Oh no! Hijinks ensue. Drug-fueled hijinks.
There is no Cooper Flagg storyline (yet). Outside of the show, though, the storyline seems to be about the Ratliff family accents, which at first seemed to be giving Foghorn Leghorn vibes. But what really got people going was this TikTok from Valentine’s Day, in which Isaacs says no, he’s not doing a Southern accent, he’s doing a specific Durham, North Carolina accent:
It's all in the twang. #TheWhiteLotus #HBO #JasonIsaacs #TimothyRatliff
It’s got two vowels in it, he says, that sound like upper class English. That’s the difference.
Here’s the part where I say this is a work of fiction, and one that’s based on over-the-top version of rich people. Put everything into perspective! There’s a lot going on right now! This is not a big deal.
Except, of course, to people who know Durham, who either absolutely love it or absolutely hate it. I’m not going to go out and collect the most unhinged posts and TikToks out there. I’ll let you judge for yourself whether it’s a good accent or not. But I am going to give you at least one datapoint: According to Google Trends, nobody in the United States was was really Googling “Durham accent” before that video came out.
All of this means that during the press tour for The White Lotus, poor Jason Isaacs is constantly getting asked about where he got that accent from, and he has to keep clarifying it. On a morning show in the U.K., he reiterated the two vowels thing (without saying which vowels they were), but also clarified a few things. The biggest thing was that he wasn’t doing a Durham accent per se. Instead, he was talking like a specific guy from Durham. “I don't want to say his name. He might sue me!” Isaacs said. “But I had him in my headphones all the time. He was a local politician from Durham.”
That sent me into overdrive. What Durham politician sounds like that? I was about to fire off a bunch of phone calls and messages until I found this interview from Good Morning America, in which Isaacs admits that he’s talking like Thomas Ravenel.
You may be asking yourself: What part of Durham is Thomas Ravenel from? Trick question! He’s from Charleston. He was South Caroina’s state treasurer for a while. The big bridge down there is named after his dad. And yeah, he was on a reality show called Southern Charm , and once you hear him talk, you sort of get it.
White Lotus showrunner Mike White had the actors in the Ratliff family watch Southern Charm as research for their roles. For what it’s worth, Parker Posey has said her over the top accent comes from a lot of different places, and it’s meant to be funny! Chill out people!
So that explains it. except for that two vowels thing. The fine folks at Indy Week called up Walt Wolfram at NC State, a professor who’s been studying North Carolina accents for decades. He had a theory:
“We’ve done over 3,500 interviews everywhere in North Carolina over the last 30 years. And no one has ever said that there is anything unique about a couple of vowels in Durham,” says the expert. He adds that a dialect coach likely told Isaacs to focus on a few key sounds, since it would be impossible to nail down an entire dialect in a short time.
“Nobody after puberty can just step in and learn a dialect like that,” says Wolfram.
He likes Posey’s accent a little bit better, and he also thinks that it’s accurate that the kids seem to have no Southern accent at all. That’s become more and more of A Thing in the Raleigh area as more and more outsiders move in. So no, the accents aren’t picture perfect. But once again, this proves that people really do care a lot about where they’re from, especially when those places are represented in TV shows and movies.
Anyhow, mystery solved. Except for this T-shirt in the show, which seems to come from a dead bank that was once based on Charlotte. I can’t seem to find anyone else who’s ever had it. Is it real? Or is it just a Durham accent?
The plant will manufacture the HPV vaccines Gardasil and Gardasil 9, while the site as a whole continues to produce vaccines against measles, mumps, rubella, and chickenpox, among other illnesses.DURHAM, N.C. (WTVD) -- Drugmaker Merck announced Tuesday the opening of a new facility in North Durham.The $1 billion plant will manufacture the HPV vaccines Gardasil and Gardasil 9, while the site continues to produce vaccines against measles, mumps, rubella, and chickenpox, among other illnesses"This level of investment a...
The plant will manufacture the HPV vaccines Gardasil and Gardasil 9, while the site as a whole continues to produce vaccines against measles, mumps, rubella, and chickenpox, among other illnesses.
DURHAM, N.C. (WTVD) -- Drugmaker Merck announced Tuesday the opening of a new facility in North Durham.
The $1 billion plant will manufacture the HPV vaccines Gardasil and Gardasil 9, while the site continues to produce vaccines against measles, mumps, rubella, and chickenpox, among other illnesses
"This level of investment and commitment speaks so powerfully to the work we do here in Durham," Amanda Taylor, vice president and plant manager at the Merck Manufacturing Division site in Durham, said. "To see the pride and the energy of the people who work here and are helping drive this evolution in our capabilities is just phenomenal."
For at least two decades, Merck has been in the Bull City, producing millions of doses and creating thousands of jobs. Merck said it now employs more than 1,000 workers in Durham.
"We're talking $1 billion expansion," Durham Mayor Leonardo Williams said. "That means more opportunities for more jobs right here in Durham, more training programs that we could actually employ, just more opportunities for them to become a bigger, more impactful corporate neighbor."
ABC11 Eyewitness News spoke with Mayor Williams as he was in D.C. to talk about the economy and its impacts on the Bull City with other leaders nationwide. Williams said the expansion is a "great advantage" at the local level to strengthen the economy.
"If Merck is expanding their footprint, we're expanding opportunities to have more workforce development," Williams said.
The expansion comes as the life sciences industry is "growing dramatically" in North Carolina, according to the North Carolina Biotechnology Center, also known as NCBiotech.Senior vice president for science and business development, Mary Beth Thomas, said in just 2024, there were 25 different company announcements about growth and expansion.
"Of those 25 announcements, there were 4,500 jobs that are proposed to be made, and that ends up equating to over $10 billion of investment from those companies influencing 16 different communities across the state," Thomas said. "So this is really dramatic, but that growth has been really incredibly high here in Durham County."
Despite the uncertainty at the federal level under the Trump Administration, including threats to medical research funding, which is a core aspect of the life sciences industry, the outlook appears healthy, according to Thomas.
"We have a lot of great institutions that have not only gotten started but are actively expanding in North Carolina," Thomas said. "They are significant investments that are not going to go away in just an overnight type of situation. They will continue, and our hope is they will continue to grow here in North Carolina."
SEE ALSO | Durham to be home base for new 'Smart USA' CHIPS manufacturing, a first-of-its-kind
SEE ALSO | Biotech giant Amgen celebrates opening of new campus in Holly Springs
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Explore unique activities in Durham, NC, and experience fun spring adventures. Dive into the local culture and find the next exciting event! Plan your trip now.Too many people wait until summer to explore Durham, but they're missing out on the best time of year. The city comes alive in spring, with cherry blossoms framing downtown, live music filling the parks, and hiking trails bursting with wildflowers.The best part? You can enjoy all the activities in Durham, NC, without the heat and humidity that make July feel like a test ...
Explore unique activities in Durham, NC, and experience fun spring adventures. Dive into the local culture and find the next exciting event! Plan your trip now.
Too many people wait until summer to explore Durham, but they're missing out on the best time of year. The city comes alive in spring, with cherry blossoms framing downtown, live music filling the parks, and hiking trails bursting with wildflowers.
The best part? You can enjoy all the activities in Durham, NC, without the heat and humidity that make July feel like a test of endurance.
Spring in Durham is an invitation to sip craft beer on a sun-drenched patio, to catch a Durham Bulls game under the lights, or to hike the Eno River before the summer crowds take over. If you've been waiting for the perfect time to experience the city, this is it. These activities in Durham, NC, will make your spring one to remember.
Spring in Durham means longer days, mild temperatures, and plenty of chances to get outside. The city offers an incredible mix of parks, trails, and gardens that are perfect for enjoying the season.
Whether you want a quiet nature walk or something more active, there are plenty of outdoor activities in Durham to explore.
Duke Gardens is one of the most popular Durham attractions, drawing thousands of visitors every spring. Covering 55 acres, it offers walking trails, koi ponds, and endless spots to take in the season's colors. Tulips, cherry blossoms, and daffodils peak in March and April, which makes this the best time to visit.
For those who prefer more movement, Durham's trail system is pretty impressive. The American Tobacco Trail stretches nearly 23 miles, running through Durham and beyond. It's great for cycling, jogging or even a casual stroll.
If you'd rather go for a hike, Eno River State Park has miles of wooded trails, plus spots where you can cool off in the river.
A visit to the Durham Farmers' Market is another way to experience spring in Durham. Located in Durham Central Park, this market runs year-round, but spring weekends bring fresh strawberries, local honey and handmade goods.
Some local favorites to check out at the market include:
Durham's arts and entertainment scene really comes alive in the spring. From art galleries to live performances, there's no shortage of ways to soak in the city's creative side.
Located at Duke University, the Nasher Museum of Art features contemporary and historical collections. It's a great place to check out new exhibitions while enjoying a quiet afternoon indoors. They often host artist talks and events that make the experience even more interesting.
If you enjoy live entertainment, DPAC is a top choice. Spring shows range from Broadway hits to comedy acts and concerts, so there's something for everyone. Tickets sell out quickly for bigger performances, so checking the schedule early is a good idea.
For a mix of shopping, dining, and art, Brightleaf Square is a great stop. Located in historic tobacco warehouses, the area is home to independent boutiques, local artists, and outdoor dining options. The brick-lined walkways and string lights add to the atmosphere, making it a great place to spend an evening.
Spring means festival season in Durham and food lovers have a lot to look forward to. Local chefs, food trucks, and restaurants bring out their best seasonal dishes, making it a great time to explore the city's diverse food scene.
For over 50 years, the Bimbé Cultural Arts Festival has honored African American culture, history, and traditions. This free event brings together live performances, cultural dances, and incredible food vendors.
Attendees can experience traditional and modern cuisine that highlights the African diaspora.
If you're looking for family activities in Durham, NC, with great food, this festival is a top pick. It features soul food trucks, live entertainment, and games for kids. This event takes place at Durham Central Park, where there's plenty of space to spread out and enjoy the day.
Durham's spring weather is perfect for outdoor dining, and many restaurants have patios made for soaking up the sunshine. Some of the best spots include:
Spring events in Durham tend to draw big crowds. Whether you're into film, music, or baseball, there's something happening every weekend.
This internationally recognized film festival takes place in downtown Durham every April. It brings together filmmakers and documentary lovers for screenings and discussions. Many of the films shown here go on to win major awards.
Baseball fans look forward to the Durham Bulls season opener every spring. The stadium, located in the heart of downtown, is known for its lively atmosphere and affordable ticket prices.
Live music fans can catch free concerts at Durham Central Park on select weekends. These shows feature a mix of local bands, food trucks, and craft beer vendors, making it a great way to spend an evening outdoors.
From scenic trails to food festivals and live music, Durham is brimming with ways to celebrate the season. Whether you're planning a quick getaway or looking for the best activities in Durham, NC, there's no shortage of ways to enjoy the city this spring.
For the latest on Durham weekend events, family activities in Durham, NC, and everything happening across the Triangle, WRAL has you covered. With real-time updates, exclusive event spotlights, and the most trusted local coverage, WRAL makes it easy to plan your next adventure.
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Within an hour of trading Friday morning, the Durham semiconductor manufacturer Wolfspeed had lost half its value. Its shares dove below $2.80 before eventually plateauing around lunchtime. By percentage, it ended up being the biggest single-day decline in Wolfspeed’s 32 years as a public company.The reason for this drop wasn’t immediately clear.Unwelcome Wall Street turns have become common for the wobbling North Carolina firm, whose stock sold above $100 as recently as two and a half years ago. At that time, Wolfs...
Within an hour of trading Friday morning, the Durham semiconductor manufacturer Wolfspeed had lost half its value. Its shares dove below $2.80 before eventually plateauing around lunchtime. By percentage, it ended up being the biggest single-day decline in Wolfspeed’s 32 years as a public company.
The reason for this drop wasn’t immediately clear.
Unwelcome Wall Street turns have become common for the wobbling North Carolina firm, whose stock sold above $100 as recently as two and a half years ago. At that time, Wolfspeed was well into a transformation under then-CEO Gregg Lowe, divesting its lighting and radio frequency divisions — and ditching its original name, Cree — to exclusively produce a special semiconductor material called silicon carbide.
Wolfspeed both makes silicon carbide, which promises higher efficiency than standard silicon, and fabricates it into chips for electric vehicles, power systems and other industrial applications. In 2022, Wolfspeed opened a fabrication plant in New York State’s Mohawk Valley and announced plans to build a massive materials facility near Siler City in western Chatham County.
But optimism around Wolfspeed’s big semiconductor bet has been replaced by fears over its future. Softer demand for electric vehicles mixed with production delays at its Mohawk Valley facility and looming debt obligations have raised liquidity concerns. In November, Wolfspeed fired Lowe as its top executive. By then, one of Durham’s largest employers had already reduced its staff roughly 20% through layoffs, buyouts and attrition. In early March, it announced additional layoffs as one of several “aggressive steps to strengthen its balance sheet.”
Uncertainties surrounding the company’s outlook resurfaced late last week. Midday Friday, after its stock halved, Wolfspeed released a statement reiterating the belt-tightening steps it would take to strengthen its finances. The release also included news that Wolfspeed had received another $192.1 million in expected tax refunds through a provision of the federal CHIPS and Science Act.
But what happened last week to require this statement? One possibility involves a different portion of the CHIPS Act, the bipartisan bill passed in 2022 to support U.S. semiconductor production.
On Thursday morning, Wolfspeed named long-time semiconductor industry executive Robert Feurle its next CEO. During a press conference discussing the hiring, Wolfspeed board chair and interim CEO Thomas Werner also addressed the company’s prospective $750 million CHIPS Act award, which the Biden administration announced in October but did not finalize before leaving office.
In early March, President Donald Trump called the CHIPS program “a horrible, horrible thing” and advised U.S. House Speaker Mike Johnson to repurpose what money the office hadn’t already spent.
“I would say that it’s likely that the parameters of CHIP funding ... are likely to evolve some because the company has evolved, and because the CHIPS office is different,” Werner said Thursday.
Some saw the new CEO selection as evidence Wolfspeed won’t see the CHIPS dollars.
“We believe the timing of this appointment raises concerns about WOLF’s ability to have its $750M CHIPS Act grant awarded, especially given Feurle’s lack of CEO experience,” CRFA Research analyst Brooks Idlet wrote in a March 28 note, adding that losing this grant could necessitate “a major restructuring” at the Durham company.
In its statement Friday, Wolfspeed noted it continues “constructive dialogue with the White House” regarding domestic semiconductor production.
Another potential reason for Friday’s selloff involves reporting about the status of Wolfspeed’s debt, which is also linked to its CHIPS funding.
Under its preliminary CHIPS agreement with the Biden administration, Wolfspeed agreed to first restructure $575 million in convertible debt that it owes creditors on May 1, 2026. This is debt the company issued to help fund investments like its Mohawk Valley and Siler City factories.
Convertible bonds give holders the option to be paid back at a future date in company equity or cash with interest. Given Wolfspeed’s suppressed stock price, debt holders would likely elect for cash under the current arrangements.
“Wolfspeed continues to explore alternatives with regard to its convertible notes, in partnership with its advisors, and remains in a dialogue with lenders, including Apollo and Renesas,” the company said in its statement Friday.
But early that afternoon, Bloomberg cited “people with knowledge of the matter” who said Wolfspeed was struggling to refinance this debt. “Based on where the company’s stock is currently trading, a conversion to equity is unlikely unless that price reaches $47.32,” Bloomberg wrote.
“We cannot comment on speculation,” Wolfspeed head of investor relations Tyler Gronbach said in an email Friday.
Wolfspeed overall has issued more than $3 billion in convertible bonds in recent years and has future debt obligations of $750 million in 2028, $1.75 billion due in 2029, and $1.25 billion due in 2030.
On Monday, following its worst market day in history, Wolfspeed shares rebounded 18% to inch the company share price above $3. This still marked its lowest stock price since 1998.
While this is poor news for Wolfspeed shareholders, its good news for those who have made the company one of the market’s most-shorted stocks. And it some cases, the shorters and shareholders may actually be the same people as investment firms short stocks in companies they have lent money to as a hedge.
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The News & Observer
Brian Gordon is the Business & Technology reporter for The News & Observer and The Herald-Sun. He writes about jobs, start-ups and all the big tech things transforming the Triangle. Brian previously worked as a senior statewide reporter for the USA Today Network. Please contact him via email, phone, or Signal at 919-861-1238.