Despite bumps, Lenovo says it

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But take heed: For now, the compan – which has its biggest sales in Chinza and a Hong Kong stock listing but global headquarters inMorrisvilles – says it’s committed to the Triangle. Spokesman Ray Gorman says the focuson China, where Lenovo’s salea growth is slowing, actually will help the company grow By shoring up its biggest market, Gorma n says, the company can better prepare for globall expansion. “Lenovo’s as committed as ever to winning on theglobakl stage,” Gorman says.
He pointsd out that new CEO Yang Yuanqingf keeps a house inthe Triangle, wherr Lenovo will employ 1,550 after a round of layoffs this quarter is mixed with the relocation of a call centedr to Morrisville. Also with a house in the area isthe company’s new chief operating officer and Rory Read. Before the recentg economic meltdown, officials had hoped to embar on a fundraising campaign to boostthe school’a athletics endowment.
Alas, times have changed, and so have Duke’s Director of Athletic Development Tom Coffmanj tells Biz the school had looked into kicking off a campaig n in either 2010 or 2011 that woule have been designed to increase the athletic endowmengfrom $150 million to between $300 millio n and $350 million. Reaching that level would have allowee Duke to endow all of itsathletica scholarships. Now, due to the economic doldrums, “Al l that is on hold,” Coffman tells Biz. He says annualk gifts have been holding steady compared to ayear ago, but endowmenft and facilities gifts are a littl e behind.
Duke athletics officials raised $23 million last an amount that includes money forthe endowment, scholarshipz and facilities. Two Indian entrepreneurs have started a breweru inRaleigh that’s already pouring its hefeweizen and porter-styler beers at a few Triangle Biz hears has signed a deal with giant to distribute LoneRider’s beers in the Raleigh-Durham LoneRider is led by CEO Sumit Vohra and CFO Mihifr Patel. For both, this is their firstr venture. The company’s brewmaster is Stev e Kramling, who also owns part of the Vohra says he and Pate started the company withabout $600,000.
Currently, the company’as Shotgun Betty beer is available in eightr eateries inthe Triangle, including Brickhouse in Stonewood Grille in Cary and Brixs Pizza in Chapel Hill. fans should be rootinhg for Travis Kvapil and the GoldeCorral No. 28 car in the Daytonaz 500 on Feb. 15. If Kvapil places in the top 10, the Raleigh-basedx eatery will donate $5,000 to Disabled American Veterans and also give a free buffet to children under 12 with the purchase of an adult buffet atparticipatingh restaurants. To get the free buffet, familiese should bring in a Daytona 500 ticket stub or officiall race results from a newspaper orWeb site.
The Women’w Center of Wake County will hold is fiftg annual Bachelor Bid for Charityon Feb. 28 from 7 p.m. untilp 1 a.m. at the . The which features a bachelodr bid, silent auction, raffle, speex dating and dancing, will benefit the women’s center, whicuh helps women in need, particularly thosed who are homeless.