Charlotte-based clothing retailer Cato Corp. posted improved fourth-quarter financial results today. The company recorded net income of $7.9 million, or 27 cents per share, during the fourth quarter. During the same period one year earlier, Cato had net income of $7.3 million, ...Read More »
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The Charlotte Regional Realtor Association’s Housing Opportunity Foundation is accepting applications for its community grants program, which will award up to $10,000 to address unmet housing needs in Mecklenburg and Iredell counties. Grants of up to $2,500 apiece are awarded under the ...Read More »
Charlotte-based mortgage companies New American Mortgage and Paramount Lending have merged under the name New American Mortgage, the companies announced today. The merger will combine New American’s 280 employees nationwide with Paramount’s 20 employees, for a total of 300. Company officials say ...Read More »
Charlotte-based American Tire Distributors Holdings said it had net sales of $2.46 million in 2010, up $288.4 million, or 13.3 percent, from 2009. ATDH’s wholly owned subsidiary, American Tire Distributors, is the largest replacement tire distributor in the U.S. Last year, ...
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The American Red Cross said Angela Broome is its new regional chief executive director for the Central Piedmont. The regional office, headquartered in Charlotte, covers 14 counties in North Carolina: Alexander, Anson, Burke, Cabarrus, Caldwell, Catawba, Cleveland, Gaston, Iredell, Lincoln, Mecklenburg, ...
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Goodrich Corp. said it has delivered technology to the UK’s Ministry of Defense to improve the sharing of geospatial intelligence between the UK and coalition forces. Under Project Attacker, Charlotte-based Goodrich’s Intelligence Surveillance and Reconnaissance Systems business based in the UK is providing data-management ...
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Charlotte remains the state’s top city by industrial employment, with 40,727 manufacturing jobs, up nearly 1 percent over the year, according to the 2011 North Carolina Manufacturers Register. Meanwhile, manufacturing jobs in North Carolina are down 1.6 percent from last year, according to ...Read More »
Hampton Inn and Suites said it will open a hotel in Huntersville. The hotel will have 125 rooms, making it the second-largest hotel in Huntersville, Davidson and Cornelius and the largest in Huntersville, the hotel said in a press release. ...Read More »