TJX Cos. to convert A.J. Wright stores

Off-price apparel retailer TJX Cos. plans to convert 91 A.J. Wright stores into T.J. Maxx, Marshalls or HomeGoods stores and close its remaining 71 stores. The chain’s two stores in Charlotte — at 3201 Eastway Drive and 6029 South Blvd. — will both remain open. In total, the company estimates 4,400 jobs will be eliminated, almost half of which are part-time positions. A.J. Wright stores will close between late January and the middle of February. For the 91 stores that will be converting…

Source: Charlotte Business News – Local Charlotte News | Charlotte Business Journal

Perdue wants restructuring of N.C. gov’t

Gov. Beverly Perdue on Thursday called for a hiring freeze and sweeping changes in state government to close a budget gap estimated at $3.7 billion. Her proposal calls for consolidating 14 high-level government agencies into eight. Perdue didn’t provide estimates of how many jobs would be cut or how much the state would save through the changes. She says the plan would cut a number of back-office functions and privatize others. She pledged to have a more detailed proposal for the General…

Source: Charlotte Business News – Local Charlotte News | Charlotte Business Journal

Ingersoll-Rand to add 1,400 jobs

Ingersoll-Rand plans to hire 1,400 heating, ventilation and air-conditioning workers around the world to service commercial buildings. The company, which has large local operations, says the move will address rising global demand for energy efficiency and comfort. It doesn’t have a breakdown for how many individuals will be hired here. The employees will work for the company’s Trane division. “To meet the existing global need, we look forward to expanding our team of talented professional…

Source: Charlotte Business News – Local Charlotte News | Charlotte Business Journal

Peak 10 wins Brown-Forman contract

Peak 10 Inc. has landed a data-hosting contract with Brown-Forman Corp., one of the country’s largest producers of spirits and wine. Under the agreement, Charlotte-based Peak 10 will relocate the company’s global data center and entire network. Officials at Brown-Forman (NYSE:BFB) say the move is designed to mitigate risk. “We conducted an exhaustive analysis of our options, including renovating space on our corporate campus and building a new data center in Louisville and have concluded…

Source: Charlotte Business News – Local Charlotte News | Charlotte Business Journal

Nucor teams with MSNBC on road show

Nucor Corp. and MSNBC’s Dylan Ratigan will launch a cross-country program this month titled “Steel on Wheels.” The program will focus on economic and social issues facing the American economy, especially the loss of manufacturing jobs. The first stop of the tour is Seneca Falls, N.Y., on Dec. 15. In addition to a live broadcast, the cable network host will lead a town-hall event at the University of Rochester. Dan DiMicco, chief executive at Charlotte-based steelmaker Nucor, will appear…

Source: Charlotte Business News – Local Charlotte News | Charlotte Business Journal

N.C. growth forecast at 1.4%

The N.C. economy is expected to grow 1.4 percent in 2010, according to UNC Charlotte economist John Connaughton. The modest increase follows a decline of 2.9 percent in 2009. “The national economy has been able to put together five consecutive quarters of expansion, while the N.C. economy has struggled to put together three quarters of growth,” Connaughton says. “The state’s economic growth during this time has only been sufficient to stem job losses, but not to generate job growth. His…

Source: Charlotte Business News – Local Charlotte News | Charlotte Business Journal

Charlotte ranks high for adding jobs

More than half of the nation’s 100 major markets — Charlotte among them — are rebounding economically, according to an analysis of data compiled by the U.S. Bureau of Labor Statistics. The Charlotte market gained 5,200 private-sector jobs over the 12 months ending in October, giving it a total of 692,300 such positions. That ranks the Queen City as the 22nd-largest absorber of private-sector employment in the nation, according the analysis by Buffalo Business First , a sister paper of the…

Source: Charlotte Business News – Local Charlotte News | Charlotte Business Journal

PGT Industries to shutter Salisbury operation

PGT Industries will transfer its window- and door-manufacturing operations in Salisbury to Venice, Fla. The move will result in the loss of 490 local jobs, the Salisbury Post reports. According to a PGT (NASDAQ:PGTI) press release, the company will add 300 jobs to its Venice operation when the move is complete by the end of the second quarter. “We expect that the consolidation of manufacturing operations to our Florida facility will enhance long-term competitiveness and improve…

Source: Charlotte Business News – Local Charlotte News | Charlotte Business Journal

Charlotte ranks high for adding jobs

Charlotte ranks high for adding jobs

Source: Charlotte Business News – Local Charlotte News | Charlotte Business Journal

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