Charlotte-based DesignLine Corp. said it has entered into a $30 million joint venture with Liberty Automotive to open a production facility in Abu Dhabi, a move that will more than double DesignLine’s work force in Charlotte and New Zealand. DesignLine, which makes hybrid ...Read More »
Mooresville-based Lowe’s Cos. has made promotions in human resources, compliance, merchandising, logistics and information technology business management. William Allen is senior vice president of logistics. He is replacing Rick Damron, who is now executive vice president of store operations. Maureen ...Read More »
Fitch Ratings today rated Rowan County’s $72.7 million general obligation bonds “AA” and said the county’s outlook was “stable.” Fitch said the “stable” outlook was based on: • a stable financial profile, conservative budgeting and sound reserves; • low debt levels; • a ...Read More »
Amtrak train service between Raleigh and Charlotte will be suspended for 10 weeks starting Monday. The disruption in the Piedmont and Carolinian service will allow upgrades to be made to the railway. The North Carolina Department of Transportation, in a news release, said the ...
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The Charlotte City Council will hold a public hearing Monday for proposed amendments to its controversial towing ordinance. Residents and businesses have complained about “predatory” towing and excessive fees, leading the City Council to review the city’s rules governing towing. ...Read More »
Capital Guardian Wealth Management today announced the hiring of two associates in Charlotte, managing director and branch manager Tom Wingfield and financial adviser Dean Turner. Wingfield has worked for Anderson Strudwick and Morgan Stanley Dean Witter. Turner has worked for Anderson ...Read More »
VR Mergers & Acquisitions of Charlotte today said it has completed the sale of two asphalt plants for one firm and the pavings divisions of two other firms — all of North Carolina — to Nashville, Tenn.-based Rogers Group. The asphalt plants ...Read More »