Nucor increases 2Q earnings expectations
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 […]
Daimler Trucks North America to add nearly 700 jobs in Gastonia, Mount Holly
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 […]
SPX Corp. wins Arla Foods Ingredients contract
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 […]
EnPro Industries logs lower 1Q net income
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 […]
SPX reports 1Q net income of $23.1M
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 […]
Groninger breaks ground on new headquarters, manufacturing facility in Charlotte
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 […]
Carlisle Cos. reports higher net income in 1Q
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, […]
Nucor’s 1Q earnings up 416 percent
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 […]
Electrolux plans $14M expansion in Charlotte
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 […]
Snyder’s-Lance to cut salt in crackers
Charlotte-based Snyder’s-Lance today said it will lower the amount of sodium in 13 Lance sandwich cracker products to meet National Salt Reduction Initiative guidelines. NSRI is a nationwide effort among […]
SPX completes Teradyne acquisition
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 […]
Italian company brings jobs to Gaston
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 […]
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