Charlotte-based clothing retailer Cato Corp. posted improved fourth-quarter financial results today. The company recorded net income of $7.9 million, or 27 cents per share, during the fourth quarter. During the same period one year earlier, Cato had net income of $7.3 million, ...Read More »
The Charlotte Regional Realtor Association’s Housing Opportunity Foundation is accepting applications for its community grants program, which will award up to $10,000 to address unmet housing needs in Mecklenburg and Iredell counties. Grants of up to $2,500 apiece are awarded under the ...Read More »
Charlotte-based mortgage companies New American Mortgage and Paramount Lending have merged under the name New American Mortgage, the companies announced today. The merger will combine New American’s 280 employees nationwide with Paramount’s 20 employees, for a total of 300. Company officials say ...Read More »
Charlotte-based Forsite Development said Tuesday that it has closed on 304 of the 667 acres that ReVenture Park is slated to encompass. The company, which is developing the eco-industrial park project, made the announcement Tuesday. Also Tuesday, Tom McKittrick, Forsite’s ...Read More »
Saying the review process for the ReVenture park energy plant “has been compromised by local political and financial interests,” the Mecklenburg County Waste Management Advisory Board wants an internationally known waste-management firm to study the proposed project. On Tuesday, the ...Read More »
Charlotte-based American Tire Distributors Holdings said it had net sales of $2.46 million in 2010, up $288.4 million, or 13.3 percent, from 2009. ATDH’s wholly owned subsidiary, American Tire Distributors, is the largest replacement tire distributor in the U.S. Last year, ...
Tagged with: American Tire Distributors HoldingsRead More »
The American Red Cross said Angela Broome is its new regional chief executive director for the Central Piedmont. The regional office, headquartered in Charlotte, covers 14 counties in North Carolina: Alexander, Anson, Burke, Cabarrus, Caldwell, Catawba, Cleveland, Gaston, Iredell, Lincoln, Mecklenburg, ...
Tagged with: American Red CrossRead More »
Goodrich Corp. said it has delivered technology to the UK’s Ministry of Defense to improve the sharing of geospatial intelligence between the UK and coalition forces. Under Project Attacker, Charlotte-based Goodrich’s Intelligence Surveillance and Reconnaissance Systems business based in the UK is providing data-management ...
Tagged with: Goodrich Corp.Read More »
Charlotte remains the state’s top city by industrial employment, with 40,727 manufacturing jobs, up nearly 1 percent over the year, according to the 2011 North Carolina Manufacturers Register. Meanwhile, manufacturing jobs in North Carolina are down 1.6 percent from last year, according to ...Read More »