Charlotte

Electrolux to add 810 jobs in Charlotte

December 23, 2013

(The Charlotte Observer)

Swedish appliance-maker Electrolux will double its workforce in Charlotte, adding 810 workers and spending $85 million on a 375,000-square-foot building adjacent to its North American headquarters in the University area. The new jobs will be in a range of fields, including research and development, IT and finance and will pay an average wage of $100,000.

New Charlotte Hornets logo revealed

December 23, 2013

(The Charlotte Observer)

The new Charlotte Hornets logo was revealed at the Charlotte Bobcats game on Saturday, bringing back the team's original colors of teal and purple but with a slightly tougher look. The team also announced that mascot Hugo will return when the Bobcats become the Hornets again next season.

Orr will retire from Charlotte Airport Commission

December 20, 2013

(The Charlotte Observer)

Jerry Orr will retire as executive director of the Charlotte Airport Commission effective Dec. 31, he told the commission at its second-ever meeting Thursday night. Orr worked at Charlotte Douglas International Airport for nearly 40 years, serving as executive director from 1989 until July 18, when state legislature passed a law taking control of the airport away from the Charlotte City Council.

Statesville man indicted in $44 million Ponzi scheme

December 20, 2013

(The Charlotte Observer)

Daniel Harold Williford was indicted by a federal grand jury on Wednesday for his involvement in a $44 million Ponzi scheme that defrauded more than 200 investors between January 2007 and July.

Charlotte mayor working to improve city's relationship with state lawmakers

December 19, 2013

(The Charlotte Observer)

Newly elected Mayor Patrick Cannon is making efforts to repair relationships between the Democratic-led city of Charlotte and the state legislature, which is controlled by a Republican majority.

Resignations precede second meeting of Charlotte airport commission

December 18, 2013

(The Charlotte Observer)

A Gaston County representative serving on the Charlotte Airport Commission has resigned, as has Johnny Harris, a Charlotte real estate developer who served on the commission's oversight committee. The group will hold its second meeting Thursday night, when it is expected to decide whether or not to retain longtime aviation director Jerry Orr.

Rate increase approved for Piedmont Natural Gas

December 18, 2013

(The Charlotte Observer)

The N.C. Utilities Commission approved a 3.6% rate hike for Piedmont Natural Gas Co. which will increase customers' residential gas bills by $2.50 a month beginning in January. The commission said reductions in fuel costs and other adjustments will offset the rate increase, and customers in Charlotte and other towns serviced by Piedmont should end up paying less overall in 2014.

Allegiant Air begins passenger flights from Concord this week

December 18, 2013

(The Independent Tribune, Concord)

Allegiant Air will begin flights from Orlando, Fla. to Concord Regional Airport on Friday, the airport's first commercial passenger service. Allegiant is a Las Vegas-based airline that flies from airports at smaller, underserved cities to popular vacation destinations and now serves 99 airports across the country.

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.