Category Archives: News: Charlotte

Business news in Charlotte NC

ABB cable plant to employ 100 in N. Meck

Swiss energy giant ABB Group plans a $90 million cable manufacturing plant in Huntersville that will have about 100 employees. The plant will be built at the intersection of N.C. Highway 115 and Verhoeff Drive. The site is in Commerce … Continue reading

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Furniture Deal Brings 200 Jobs To Burke

A joint venture between a Burke County furniture maker and a Michigan furniture retailer will bring 200 jobs to Valdese. Carolina Artisan Group will design and build custom seating that will be sold by Michigan’s Art Van Furniture. The first … Continue reading

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NC to receive $298M to support education jobs

U.S. Secretary of Education Arne Duncan today announced that North Carolina will receive $298 million to support education jobs. “There is a huge sense of urgency to get these funds out the door,” Duncan said. “I commend North Carolina for … Continue reading

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Lava opens fabric plant in York

Lava USA Inc. is spending $3.8 million to bring a 30-job fabrics operation to York. The family-owned company makes knitted fabrics for mattress covers and has started production in the 100,000-square-foot former Sattler Plastics building at 601 Railroad Avenue. Lava … Continue reading

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American Textile Opens Davidson Office

Sometimes we need a reminder that textiles are still woven into the fabric of the Carolinas. The American Textile Co., which is based outside of Pittsburgh, realized it when the company wanted to grow its bed-fashion product development and marketing … Continue reading

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Foundation Financial expands in Charlotte

Mortgage lender Foundation Financial Group says it will hire 50 workers in Charlotte by year end as part of a company-wide expansion. The company, with offices off David Taylor Drive near UNC Charlotte, is filling 25 positions here immediately. It … Continue reading

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Oregon Efficiency Firm Plans N.C. Office

An Oregon energy-efficiency firm plans to open its first East Coast office in North Carolina and has hired the former head of Duke Energy’s Save-A-Watt program to run it. Ted Schultz has joined Ecos IQ Inc. as a senior vice … Continue reading

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Small-business hiring up 4.1% this year

Payroll firm SurePayroll’s monthly Business Scorecard finds continued modest hiring gains among small businesses, but with pay little changed. U.S. small-business hiring in July continued at the same pace as in June, up 0.2 percent, SurePayroll says. That’s the second … Continue reading

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Study ranks N.C. 8th on jobs potential from energy efficiency

North Carolina ranks eighth among states with the greatest potential for economic development through energy-efficiency policies, according to a report by a national think tank and an energy-investment firm. It’s the only Southeastern state in the top 10, which is … Continue reading

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N.C. gains 9,600 jobs through stimulus

North Carolina ranks No. 19 in the nation for the number of jobs that have been created since the passage of the American Recovery and Reinvestment Act, and South Carolina ranks No. 23, according to a report by Onvia. The … Continue reading

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