Charlotte

Owens Corning will create 110 jobs in Gaston County

October 23, 2013

(The Charlotte Observer)

Owens Corning will open an advanced manufacturing plant in Gaston County, investing $120 million and creating 110 new jobs by the end of 2016. The operation in Gastonia Business Park will allow the company to expand its glass non-wovens business, creating a product which is used in various transportation, industrial and construction applications.

Novant Health seeks $20.4 million expansion of Matthews location

October 23, 2013

(The Winston-Salem Journal)

Novant Health Inc. is requesting permission from the state for a $20.4 million expansion of its Matthews Medical Center, a project that would transfer 20 acute-care beds there from its Presbyterian Medical Center and expand its women's center and intensive care unit. The health care system filed a separate request for a $2 million expansion of its Huntersville Medical Center.

Charlotte-based children's apparel company gets offer on ABC's "Shark Tank"

October 23, 2013

(The Charlotte Observer)

Amber Schaub, founder and CEO of Charlotte-based RuffleButts, a children's apparel company she started in 2007, made an appearance on ABC's "Shark Tank" last week and received a $600,000 offer from an investor on the television show's panel. The company is ranked No. 166 on the Inc. 500 list of fastest-growing companies.

SunTrust Banks named in class-action lawsuits

October 23, 2013

(The Charlotte Observer)

Atlanta-based SunTrust Banks announced it has been named in three class-action lawsuits involving force-placed insurance, the practice of a lender imposing insurance on a property if the owner has let the policy lapse. SunTrust is the sixth-largest bank in the Charlotte metropolitan area.

 

Snyder's Lance upgrades manufacturing, retrains workers at CPCC

October 23, 2013

(The Charlotte Observer)

Snyder's-Lance is partnering with Central Piedmont Community College to retrain about 160 workers for its new advanced manufacturing. The Charlotte-based snack maker is completing a $73 million upgrade to its advanced manufacturing at its plant in south Charlotte.

US Airways will add 4 nonstop flights from Charlotte to Europe

October 22, 2013

(The Charlotte Observer)

US Airways announced it plans to add four nonstop international flights from Charlotte Douglas International Airport in 2014. The airline will fly seasonally beginning May 22 to Barcelona, Spain; Lisbon, Portugal; and Manchester, England. Flights to Brussels will begin June 5.

Charlotte's Carlisle selling tire division for $375 million

October 22, 2013

(The Charlotte Observer)

Carlisle Cos., which employs about 4,400 of its 12,000 worldwide in its transportation products segment, is selling that division to New York-based American Industrial Partners for $375 million. Carlisle president and CEO David Roberts said the sale will help the Charlotte-based company to invest in faster-growing businesses with higher profit margins.

HIckory's CommScope to go public this week

October 21, 2013

(The Charlotte Observer)

Hickory-based cablemaker CommScope plans to go public this week, less than three years after going private. The network infrastructure provider said in a securities filing it plans to sell up to 44.2 million shares priced between $18 and $21, potentially raising more than $900 million.

Kings Mountain employer to add 160 jobs by January

October 18, 2013

(The Shelby Star)

Kings Mountain's second-largest employer announced it will create 160 new jobs there by the end of January. A company spokesman said Telerx, a Pennsylvania-based customer service outsourcing company, is adding jobs in a variety of positions, including customer service and health care.

Wells Fargo announces more mortgage job cuts

October 18, 2013

(The Charlotte Observer)

Wells Fargo will lay off 925 employees in its mortage unit, but only seven Charlotte-area jobs will be eliminated. The cuts are "a continuation of revamping our mortgage team," according to Wells spokesman Josh Dunn.

Bank of America posts third quarter earnings of $2.2 billion

October 17, 2013

(The Charlotte Observer)

Bank of America reported profits of $2.2 billion for its third quarter, or 20 cents per share, beating Wall Street estimates by a narrow margin. In a conference call on Wednesday, executives from the Charlotte-based bank sought to assure analysts it was ahead of its peers in settling legal issues since the financial crisis began.

CaroMont Health offers interim CEO the job permanently

October 17, 2013

(The Gaston Gazette)

The board of directors of Gastonia's CaroMont Health voted unanimously to offer interim President and CEO Doug Luckett the permanent leadership position. Luckett assumed the interim position six months ago after former CEO Randall Kelley was fired.

Democratic lawmakers appeal to Obama to allow airline merger

October 17, 2013

(The Charlotte Observer)

In a letter to President Barack Obama, more than 65 Democratic members of Congress said they believe the proposed merger between American Airlines and US Airways wll be good for employees and consumers, urging the Department of Justice to allow the merger to proceed.

Delhaize America to outsource Salisbury IT jobs to IBM

October 17, 2013

(The Salisbury Post)

Delhaize America will outsource 29 information technology jobs at its Salisbury headquarters to IBM, according to a company spokesman. Employees affected by the change will have the opportunity to apply for positions with IBM or receive severance.

SunTrust to eliminate 800 jobs, including some in Charlotte

October 16, 2013

(The Charlotte Observer)

Atlanta-based SunTrust Banks announced it is cutting 800 jobs nationwide, including an undisclosed number in Charlotte. The cuts are in its mortgage division, which has experienced a slowdown as mortgage rates have risen this year.

Affinia Group bringing headquarters to Gastonia

October 16, 2013

(The Gaston Gazette)

Ann Arbor, Mich.-based Affinia Group Inc., the parent company of WIX Global Filtration, plans to move its headquarters to Gastonia in 2014. The company, which manufactures and distributes filter products for automotive and industrial markets, already employs about 1,300 in Gastonia.

Rep. Ruth Samuelson will not seek a fifth term

October 16, 2013

(The Charlotte Observer)

Charlotte Republican Rep. Ruth Samuelson said she will not run for re-election in 2014. Samuelson, who was thought to be a top contender for House speaker, plans to pursue business opportunities and spend more time with her family and faith community.

CaroMont Health sues physicians' services provider

October 15, 2013

(The Gaston Gazette)

Gastonia-based CaroMont Health has filed a lawsuit alleging breach of contract against Cogent Healthcare of North Carolina, the company it hired last year to handle inpatient services at CaroMont Regional Medical Center. The lawsuit claims Cogent carried out unfair and deceptive trade practices. The failed partnership contributed to the firing of former CaroMont CEO Randall Kelley in April.

Charlotte airport leader Orr to retire by 2015

October 14, 2013

(The Charlotte Observer)

Jerry Orr, former aviation director of  Charlotte Douglas International Airport and current director of the new Charlotte Airport Commission, told commission members in a letter he will retire by June 2015. The commission will hold its first meeting Nov. 7, although a Superior Court judge has not yet ruled on whether the commission or the city will run the airport.

Some communities object to solar farms

October 14, 2013

(The Charlotte Observer)

Some North Carolina residents, including groups in Lincoln and Robeson Counties, are concerned about the glare, radiation levels and appearance of the many proposed solar farms across the state. Many feel that the farms would be eyesores and have a negative effect on nearby property values.