Business

Plastics manufacturer to expand Henderson County plant

April 2, 2014

(Hendersonville Times-News)

Plastics-manufacturer Elkamet will invest $2.35 million and hire 15 to 20 new workers at its plant in East Flat Rock. The company makes plastic components for vehicle manufacturers including Ford and Volkswagen. Hiring for the new jobs will begin this summer.

BNC Bancorp completes purchase of Albemarle's South Street Financial

April 2, 2014

(The Winston-Salem Journal)

High Point-based BNC Bancorp has completed its acquisition of South Street Financial Corp., parent of Home Savings Bank of Albemarle. The purchase gives BNC four additional branches and $278 million in assets. BNC previously announced plans to purchase the parent company of Chapel Hill-based Harrington Bank; when that deal closes it will have $3.4 billion in assets.

Judge overturns ruling; Carolinas HealthCare won't build Fort Mill hospital

April 2, 2014

(The Charlotte Observer)

Carolinas HealthCare System appears to have lost an eight-year battle to build a 100-bed hospital in Fort Mill, S.C. to Piedmont Medical Center, a Rock Hill, S.C.-based medical group. In a ruling released Tuesday,  a South Carolina judge overturned a 2011 ruling which gave Charlotte-based Carolinas approval to build the hospital.

Charlotte call center closing; over 200 temp workers to lose jobs

April 2, 2014

(The Charlotte Observer) 

Bannockburn, Ill.-based APAC Customer Services is closing a call center in Charlotte and will lay off 239 workers by May 9. The majority of the affected workers are temporary employees.

ASU's first Sun Belt game to air on national TV

April 2, 2014

(The News & Record, Greensboro)

Appalachian State University's first Sun Belt Conference football game against Georgia Southern will be televised nationally on ESPNU on Sept. 25.

A Southern Season looking at Charlotte locations for gourmet food store

April 2, 2014

(The Charlotte Observer)

A Southern Season is in negotiations with two sites in Charlotte and expects to open a store there by 2016. The Chapel Hill-based specialty-foods retailer began expanding two years ago, but has had difficulty finding the right location in Charlotte's real-estate market.

Taxi owners say men representing Cannon offered airport access for cash

April 1, 2014

(The Charlotte Observer)

Owners of two Charlotte cab companies who had lost access to Charlotte Douglas International Airport said they were told by associates of former Mayor Patrick Cannon they could buy their way back into the airport. Also: Charlotte City Council delayed voting on Cannon's replacement until next Monday.

Global real estate site ranks Bryson City No. 3 on national list

April 1, 2014

(The Smoky Mountain Times, Bryson City)

World Property Channel, a Miami-based news network for the real-estate industry, ranked Bryson City third on its list of best mountain towns in America behind first-ranked Coeur D'Alene, Idaho and second-ranked Estes Park, Colo.

B/E Aerospace announces $600 million in new contracts

April 1, 2014

(The Winston-Salem Journal)

Wellington, Fla.-based B/E Aerospace announced contract awards from seven major airlines worth a total of $600 million and raised its earnings guidance for fiscal 2014 by 5 cents a share. B/E makes commercial aircraft components and now employs more than 1,300 at its plant in Winston-Salem. 

Duke Energy sues Westinghouse for $54 million after canceled project

April 1, 2014

(The Charlotte Observer)

The Charlotte-based utility filed a federal lawsuit against Westinghouse Electric over $54.1 million Duke says it paid for equipment that was never produced for the Levy County nuclear power plant in Florida. Duke canceled its contract with Westinghouse in January because of licensing delays.