Charlotte

Mecklenburg County names Diorio as its first female manager

December 18, 2013

(The Charlotte Observer)

Mecklenburg County commissioners voted unanimously to make Assistant County Manager Dena Diorio the new county manager effective Jan. 1., the first female to hold the position. She will replace Harry Jones, who was fired in May after thirteen years in the top position.

Chinese manufacturer to open Charlotte-area yarn plant, create 500 jobs

December 17, 2013

(The Charlotte Observer)

A Chinese textile company will invest $218 million and create 501 jobs at a new yarn factory in Lancaster County, S.C. Keer Group will begin construction on the plant in February, and also will open an office in downtown Charlotte for engineering, financial and upper management functions.

Charlotte-based tech startup secures $6 million in venture capital

December 17, 2013

(The Charlotte Observer)

Charlotte-based Internet startup Passport Parking, which offers a cloud-based command center for parking management, announced it is getting $6 million from its first round of venture financing. The technology startup has a presence in 35 states, as well as in Spain and Australia.

Accenture announces 45 layoffs in Charlotte

December 17, 2013

(The Charlotte Observer)

Accenture, a Dublin-based outsourcing company which employs 1,500 in the Charlotte area, said it has laid off 45 of those workers, about 3% of the local workforce. The affected positions were in mortgage-processing, which has experienced a slowdown as interest rates have risen and fewer borrowers are refinancing.

MetLife filling Charlotte jobs ahead of schedule

December 13, 2013

(The Charlotte Observer)

Charlotte's MetLife retail operations hub now employs 640 people, more than the 500 the company said it would hire by the end of 2013. The company says it may reach its goal of 1,300 new jobs before its 2015 target. The head of U.S. retail operations for the insurance company said it has received about 50,000 applications from across the country for the Charlotte jobs.

CommScope to close Statesville plant

December 13, 2013

(Statesville Record & Landmark)

Hickory-based CommScope Holding Co. will sell some assets of its CommScope BiMetals division to Copperweld Bimetallics, resulting in the closure of its Statesville plant.The company says some of the 100 affected workers may continue employment at its locations in Claremont and Catawba.

Legal bills adding up in battle over control of Charlotte airport

December 13, 2013

(The Charlotte Observer)

Combined legal bills for the City of Charlotte and a newly-formed airport commission are approaching $1 million, as the dispute over who will run Charlotte Douglas International Airport has been going on for almost a year and shows no signs of resolution.

Charlotte Knights to begin transition to new stadium in February

December 12, 2013

(The Charlotte Observer)

The Charlotte Knights will move its front-office staff to its new $54 million stadium in downtown Charlotte on Feb. 1, and will open its team store by March 1. The minor-league baseball team will play its first game there on April 11, after 24 seasons in Fort Mill, S.C.

Two Carolina Trail golf courses to be auctioned

December 12, 2013

(The Charlotte Observer)

Two golf courses that were part of the troubled Charlotte-area Carolina Trail group will be auctioned next month. A Mecklenburg County official said Skybrook Golf Club in Huntersville and Charlotte Golf Links in south Charlotte are scheduled to receive bids by Jan. 14 and be auctioned on Jan. 17.

Galvanizing company to expand in Harrisburg

December 12, 2013

(The Independent Tribune, Concord)

Galvan Industries will spend $2 million on an expansion of its galvanizing business in Harrisburg, creating 15 to 30 new jobs. The company will receive an economic development grant in the form of a tax rebate from the town.

AIG will hire 230 at new technology center in Charlotte

December 11, 2013

(The Charlotte Observer)

New York-based American International Group will invest $5.5 million in a Mecklenburg County technology center, creating 230 jobs by the end of 2017. The center will be used to create and test new software for the insurance company. The new jobs will pay an average annual salary of about $100,000, higher than Mecklenburg County's average of $57,144.

Bank of America ranks last in customer satisfaction

December 11, 2013

(The Charlotte Observer)

For the third year in a row, Charlotte-based Bank of America is ranked last among big banks in the American Customer Satisfaction Index rankings. Smaller banks and credit unions ranked higher than all four of the largest commercial banks.

Charlotte area golf courses going into foreclosure

December 11, 2013

(The Charlotte Observer)

Five golf courses that are part of the Carolina Trail group are moving toward foreclosure and will file for bankruptcy, according to their owner. A separate company has been managing the courses since Nov. 18.

Carolinas HealthCare projects $5 million loss for Charlotte locations

December 11, 2013

(The Charlotte Observer)

Carolinas HealthCare System is projecting a $5 million loss for its primary group of 12 Charlotte-area hospitals for 2014, but is budgeting for a $38 million profit for the total system. CEO Michael Tarwater said 60% of its patients are covered by government programs, and an increasing percentage of reimbursements don't cover the costs of the care provided. 

Watt confirmed to lead Federal Housing Finance Agency

December 11, 2013

(The Charlotte Observer)

The Senate voted 57-41 to make Rep. Mel Watt, a native of Mecklenburg County, head of the Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac. North Carolina's senators, Rep. Richard Burr and Dem. Kay Hagan, cast votes in favor of Watt's confirmation.

US Airways, American to complete merger today

December 9, 2013

(The Charlotte Observer)

US Airways and American Airlines will close their $17.7 billion merger today, which will create the world's largest airline. Charlotte Douglas International Airport will be the airline's second busiest hub, behind Dallas/Fort Worth.

Engineering firm to open Mooresville plant, hire 38

December 9, 2013

(The News & Observer, Raleigh)

New York-based Weber Screwdriving Systems will invest $2.3 million and hire 38 workers at a new manufacturing plant in Mooresville. Average annual salary for the engineering company will be $82,897, higher than Iredell County's average of $41,964.

Charlotte airport on track to set new record for number of travelers

December 6, 2013

(The Charlotte Observer)

Charlotte Douglas International Airport officials expect the airport will break last year's record for the number of passengers, already up five percent over last year. Through October, the airport has seen 36.2 million travelers pass through, compared with 34.4 million last year.  

Reality TV apparel company to renovate Salisbury building

December 6, 2013

(The Salisbury Post)

A company that makes apparel for reality TV shows including "Duck Dynasty" and "Swamp People" will purchase and renovate a Salisbury building that was once occupied by Pro Mats and will hire 10 additonal employees. Club Red Licensed Apparel moved its headquarters here from Cummings, Ga. in June.

Charlotte considering bid for major Boeing plant

December 5, 2013

(The Charlotte Observer)

Charlotte city officials have until Tuesday to submit a proposal to Boeing for a manufacturing plant for its new 777X jetliner, a project which could create over 8,000 jobs. The aerospace company is soliciting requests from more than a dozen cities and states.