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 »
RALEIGH — Gov. Beverly Perdue says she believes it’s a good time to try to lure California-based companies to build or expand in North Carolina. Perdue and other administration officials were heading today to the West Coast on a trade ...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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Charlotte-based General Dynamics said today that it has been awarded an $11.2 million contract modification by the U.S. Navy to make components for a weapons system. The contract, awarded to General Dynamics’ armament and technical products division, is for the continued production of MK82 ...
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Now in round three, the bidding war for two historic NoDa mills will go into round four if companies file upset bids Monday to redevelop the properties. The Community Builders Inc., a Washington, D.C.-based affordable-housing developer, put in a $1.02 ...Read More »
RALEIGH — The Republican-controlled House agreed today to try to undo a law that gives counties the chance to raise the tax on land and building transactions and keep the extra revenue. The land transfer tax option — passed by ...Read More »
Thanks to a computer system shutdown, Mecklenburg County homeowners have more time to appeal their 2011 revaluations. Over the weekend, the county’s servers went down, preventing homeowners from using the Real Estate Lookup system to research property information needed to ...Read More »