By Mecklenburg Times staff reports
Published: June 22,2011
Charlotte-based SPX Corp. said it will combine two existing facilities to upgrade its food and beverage processing center in Soeborg, Denmark. The enhanced facility will feature additional equipment and processes and is expected to provide SPX customers with expanded testing and lab capabilities. “This expanded facility is part of our strategy to further enhance our [...]
By Mecklenburg Times staff reports
Published: June 15,2011
Nucor Corp. today has increased its earnings expectation for the second quarter that ends July 2. The Charlotte-based manufacturer of steel products said it expects results to be in the range of 75 cents to 80 cents per diluted share. That’s up 160 percent to 180 percent over second-quarter 2010 earnings of 29 cents per [...]
By Mecklenburg Times staff reports
Published: June 9,2011
Daimler Trucks North America today said it plans to add nearly 700 jobs at its manufacturing plants in Mount Holly and Gastonia. The Portland, Ore.-based company said it is adding 535 manufacturing and 37 administrative positions by September to its Mount Holly truck-manufacturing plant, which is also getting a second shift. The company is adding 121 manufacturing positions [...]
By Mecklenburg Times staff reports
Published: June 1,2011
SPX Corp. said today that has been awarded a contract to design, build and install a new powder-processing line for dairy company Arla Foods Ingredients of Denmark. Terms of the deal were not disclosed. Charlotte-based manufacturer SPX will help Arla increase its capacity to produce whey protein concentrates and assist Arla in its goal of doubling [...]
By Mecklenburg Times staff reports
Published: May 6,2011
EnPro Industries this morning reported lower net income for the first quarter compared with the same period last year. The Charlotte-based company, which manufactures and markets industrial sealing products, said it had net income of $15.2 million, or 74 cents a share, down from $99 million, or $4.89 a share, in the year-ago period. EnPro’s first-quarter [...]
By Mecklenburg Times staff reports
Published: May 4,2011
Charlotte-based manufacturer SPX Corp. today reported higher net income for the first quarter. SPX said it had net income of $23.1 million, or 45 cents a share, up from net income of $22.1 million, or 44 cents a share, in the year-ago period. Revenue was higher in the first quarter compared with the year-ago period, climbing [...]
By Mecklenburg Times staff reports
Published: April 28,2011
Groninger USA broke ground today on a new U.S. headquarters and manufacturing facility in southwest Charlotte’s South Point Business Park, the Charlotte Chamber of Commerce said. Groninger USA is a subsidiary of Groninger & Co. GmbH of Germany, a manufacturer of filling and finishing machinery for the pharmaceutical and cosmetics industries. Groninger USA relocated to Charlotte [...]
By Mecklenburg Times staff reports
Published: April 27,2011
Charlotte-based Carlisle Cos. said it had first-quarter 2011 net income of $33.4 million, or 53 cents per diluted share, up from net income of $24.3 million, or 39 cents per diluted share, for the first quarter 2010. Carlisle said its acquisition late last year of Cleveland-based Hawk Corp. contributed $76.2 million in sales in the first quarter [...]
By Mecklenburg Times staff reports
Published: April 21,2011
Nucor Corp. this morning said it had higher earnings in the first quarter of 2011. The Charlotte-based company’s earnings rose to $159.8 million, or 50 cents per diluted share, up 416 percent from earnings of $31 million, or 10 cents per diluted share, in the first quarter of 2010. Nucor manufactures steel products.
By Mecklenburg Times staff reports
Published: April 19,2011
Electrolux will spend $14 million to expand its North American headquarters in Charlotte, adding 200 jobs in the city over the next four years, Gov. Beverly Perdue said today. As part of the expansion, the company is consolidating U.S. positions in Charlotte at the headquarters on David Taylor Drive in University Research Park. The average for the new jobs [...]
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