The town of Matthews today said it is launching a program to help businesses in its Downtown Overlay District spruce up their facades. The funding can be used for canvas-style awnings; paint removal from brick surfaces; cornice and mortar repairs; masonry ...Read More »
Charlotte-area home prices fell 4.2 percent in March from February 2010, more than the 3.8 percent U.S. decline, according to a report released today by Truckee, Calif.-based Clear Capital. But for the four months that ended in February, Charlotte-area home ...
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Charlotte-based Coca-Cola Bottling Co. Consolidated today said fourth-quarter 2010 net income fell 92 percent from the same quarter a year ago as net sales from quarter to quarter were flat. The nation’s second largest Coca-Cola bottler had $3.8 million in ...Read More »
Thanks to the ongoing struggles of the residential real estate market, demand for Charlotte metro area apartments is at an all-time high, with the average occupancy rate at 91 percent and the average rent in Charlotte at $733, according to ...Read More »
Construction began this morning on a $31 million, five-story, 171,285-square-foot addition to Carolinas HealthCare System’s Morehead Medical Plaza II building, which will house the headquarters of the Levine Cancer Institute. The addition will go atop the one-story building at 1021 Morehead Medical Drive in Charlotte, ...Read More »
Speedway Motorsports this morning said it had fourth-quarter 2010 net income of $6 million, or 14 cents per diluted share, compared with net loss of $15.2 million, or 36 cents per share, for the same period in 2009. The Concord ...Read More »
President Barack Obama has invited a bipartisan group of lawmakers from Charlotte and Chicago to the White House tonight to watch Obama’s hometown Chicago Bulls play the Charlotte Bobcats, according to a story by The Associated Press. Earlier in the day, Obama ...
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Goodrich Corp. said today that it has been chosen by Airbus to provide the nacelle system for a new engine for Airbus’ A320 family of single-aisle airplanes. Terms of the contract were not disclosed. Under the agreement, Charlotte-based Goodrich will design the nacelle ...Read More »
Charlotte manufacturer SPX Corp. today said it has completed the purchase of New Zealand-based engineering company B.W. Murdoch Limited. Terms of the deal were not disclosed. B.W. provides processing solutions for the food and beverage industry. “B.W. Murdoch greatly increases our process-engineering and project-management ...
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