Some Mecklenburg County retail property and office building owners are going to be coughing up a lot more in property taxes. According to a Mecklenburg Times review of the county’s 2011 commercial property revaluation — the results of which were ...Read More »
Duke Energy Corp. today said it plans to distribute 10 million free compact fluorescent light bulbs to eligible customers this year. The Charlotte-based company said it distributed more than 10 million free CFLs to about 1 million residential customers last year, ...
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Charlotte-based manufacturer SPX Corp. today said it has completed the acquisition of Teradyne Diagnostics Solutions, Terms of the deal were not disclosed. Teradyne, based in Manchester, U.K., is a global supplier of diagnostic solutions for the transportation equipment business and automotive dealerships. The ...
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Fifty-one foreclosure homes sold for a total of $1.6 million at an auction Monday night at the Charlotte Convention Center, Auction.com, which conducted the auction, said. In one of the sales, a 4,510-square-foot home at 2626 Heathlake Drive in Charlotte previously valued ...Read More »
As part of a study on whether the city of Charlotte is awarding enough contracts to minority- and women-owned businesses, the city plans to hold a public hearing in April to receive testimony from the public. The city is looking ...Read More »
Statesville-based Epperson Lumber is being acquired by Broken Arrow, Okla.-based building materials distributor Cedar Creek. On Friday, the wholesale distributor announced a letter of intent to buy Epperson for an undisclosed price. “We are looking to kind of fill the void and ...Read More »
Lowes Cos. today said its board of directors has declared a quarterly cash dividend of 11 cents per share. The Mooresville-based company said the dividend is payable May 4 to shareholders of record as of April 20.Read More »
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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