Clover, S.C.-based The PermaShrink Co. plans to invest $3.3 million in a new 30,000-square-foot production plant and grow its staff from five to 16. The Clover plant, in Westgate Industrial Park in York County, will be the ”most technologically advanced plant of its ...Read More »
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North Carolina’s population has grown by 1.48 million since 2000, or 18.5 percent, according to data released Tuesday by the U.S. Census Bureau. The state’s population was 9.5 million at the time of the 2010 census, up from 8.04 million ...Read More »
Charlotte-based Bank of America will bundle property loans from Aegon USA Realty Advisors into bonds under a deal announced Thursday. Bank of America will ”utilize Aegon’s commercial real estate lending expertise and significant industry relationships to source new lending opportunities that ...
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Charlotte-based Duke Energy Corp. said it has completed a joint venture with Alinda Capital Partners to grow DukeNet Communications. DukeNet also said Tuesday that it has closed on a $150 million senior-secured credit facility to fund expansions. The joint venture ...Read More »
Charlotte-based Tree.com has announced the preliminary results of its plan to repurchase its own stock, saying it expects to buy 312,339 shares. The parent company of LendingTree said the shares will be bought for $7.75 apiece under the modified “Dutch auction” tender ...Read More »
Charlotte-based Goodrich Corp. said it has begun environmental testing of ORS-1, the first satellite in the U.S. government’s Operationally Responsive Space program. Goodrich is the prime contractor for the satellite, which is being tested at Goodrich’s ISR Systems facility in Danbury, Conn. The ...
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Horizon Lines said a ship left Shanghai Wednesday for Los Angeles as part of the inaugural voyage of its new trans-Pacific Five Star Express service. The Horizon Hawk is slated to arrive in Los Angeles Dec. 26 before sailing to Oakland, Calif., and ...Read More »
Pine Lake Preparatory, the largest charter school in the state, completed the $20 million purchase of its 23-acre Mooresville campus Friday. Charlotte-based commercial developer Beacon Partners built the school in 2007, and the school leased the property until the purchase. Tax-exempt bond ...Read More »