UNC system boosts budget, plans new hires at N.C. Research Campus
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By Emily Ford, Salisbury Post
KANNAPOLIS, N.C. — After budget cuts, freezes and layoffs last fall, the financial picture at the N.C. Research Campus has improved and universities are recruiting new faculty members, officials say.
"It has been a difficult year for everybody," said Dr. Steve Leath, vice president for research for the University of North Carolina system. "But we are moving forward at a much faster rate now."
In addition to a $3 million increase for this fiscal year allocated by the N.C. General Assembly, Leath gave the Research Campus an extra boost. He moved $1.5 million to the recurring budget, money that he'd previously used for one-time start-up costs in Kannapolis, Leath said. That brings the campus annual state budget to nearly $24 million.
Those taxpayer dollars go toward rent, salaries and equipment at the campus, which is owned by Dole Food Co. chairman David Murdock.
"The campus is in better shape," said Leath, who worked in Kannapolis for N.C. State University before taking a job with UNC General Administration.
(The additional funding will trigger the hiring of another 50 people at the campus this year, Leath told the newspaper. Overall, he believes the NCRC campus workforce will double this year through Monsanto joining the campus and other hiring, he said.
(For complete details, read the Salisbury Post report.)
Copyright 2010 Local Tech Wire. All rights reserved.
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