There were fewer building permits issued in Mecklenburg County last week than the week before, according to county data, and the total dollar value of the construction associated with those permits was down, too. Last week, 290 permits were issued, ...Read More »
Moody’s Investors Service today affirmed its AAA bond rating for Mecklenburg County. In a press release, the county said the credit rating agency cited the county’s “healthy financial position despite some use of reserves, positive steps taken to stabilize and improve ...
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The Charlotte metropolitan area’s unemployment rate increased in January to 11.1 percent from 10.7 percent in December, according to data released today from the Employment Security Commission of North Carolina. The biggest over-the-month job losses in the Charlotte metro area ...
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Revaluation notices for commercial property and condominium owners in Mecklenburg County will be mailed Monday, the assessor’s office said today. More than 25,000 commercial properties and 27,000 condos are part of the 2011 revaluation. The state requires counties to revalue ...Read More »
There were more building permits issued in Mecklenburg County last week than the week before, according to county data, and the total dollar value of the construction associated with those permits was up, too. Last week, 293 permits were issued, ...Read More »
In a second win in two weeks for Gaston County, Italian company Repi said it will invest more than $5 million in the county and create about 30 jobs. The investment in Gastonia Technology Park will span three years. The ...Read More »
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 »
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, ...Read More »