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Sunday, September 4, 2011 PROGRE$$ 2011 FORECAST: SUNNY ARRIVAL OF SOLAR COMPANY SEMPRIUS SIGNALS BLUE SKIES FOR REGION INSIDE: * SHEETZ, BIG LOTS TO OPEN * UNION BANK RELOCATES * AREA SCHOOLS STRESS TECH, BUSINESS ACUMEN An annual supplement of HEALTHCARE Maria Parham, Duke LifePoint reach deal on hospital purchase Solar plant plans to employ 256 at future Vance facility Maria Parham Medical Center By MARTIN FISHER Daily Dispatch Writer The healthcare landscape in Vance County could soon change if North Carolina Attorney General Roy Cooper approves a purchase deal that partners Maria Parham Medical Center with Duke LifePoint — a joint venture of Duke University LifePoint. MPMC and Duke LifePoint reached agreement on purchase details in July, and deal terms include Duke LifePoint owning 80 percent of the Ruin Creek Road hospital. MPMC and Duke LifePoint would jointly own and operate the Henderson hospital. The retained assets of MPMC and the proceeds from the transaction will eliminate MPMC’s debt, and the remaining assets — about $30 million — will be used to create a locally governed, charitable foundation. The charitable foundation will fund new programs and services in the community, according to a statement from MPMC. Duke LifePoint has also committed to investing $45 million in capital improvements at the hospital over the next 10 years. The proposed joint venture is expected to close upon the attorney general’s review and approval, plus completion of other “customary closing conditions.” Please see MERGER, page 6 All photos by Ashley Steven Ayscue unless otherwise indicated Joseph Carr, CEO of Semprius, a Durham-based solar company, plans to create 256 jobs in Vance County over the next five years. By MARTIN FISHER Daily Dispatch Writer Semprius CEO Joseph Carr has big plans for Vance County: His company hopes to employee 256 people over the next five years at a solar panel manufacturing plant slated to be built near Triangle North. The facility is planned for development at an existing building adjacent to the Triangle North business park outside Henderson. Construction work at the facility is part of an $89.7 million capital investment in the pilot plant. From 60 to 75 new positions are up for hire through 2012 and a total of 150 is planned by 2014. “This is a big day for Vance County, and this is a big day for North Carolina,” Gov. Bev Perdue said at a jobs announcement in July. “This company is on the cutting edge in the solar energy field, and we welcome them to North Carolina, the smart grid capital of the world.” Semprius benefits from up to $18.3 million in state and local incentives to create the jobs. A $435,200 workforce training program at Vance-Granville Community College, part of the incentive package, is aimed at helping local job seekers to match the high-tech needs at Semprius. Please see PLANT, page 3 Siemens tie adds ‘global credibility’ to Triangle North By MARTIN FISHER and JASON HUFF Daily Dispatch Writers The potential move by Semprius to the Henderson area brings with it a connection to the global, renewable energy giant Siemens, which recently purchased a 16-percent share of the Durham solar company. That in turn raises the profile for Vance County’s industrial growth prospects, including the Triangle North industrial park, said HendersonVance County Chamber of Commerce President Bill Edwards. “Siemens brings global credibility to us here,” Edwards said. Please see GLOBAL, page 3

Progress 2011 - The Daily Dispatch - Sunday, Sept. 3, 2011

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