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 ...Read More »
North Carolina’s economy expanded by only 1 percent last year and will continue to have a sluggish recovery from the recession through 2012, University of North Carolina at Charlotte economist John Connaughton said today in his latest quarterly economic forecast. “Overall, the ...
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Charlotte attorney Jerry Reese has filed more than one lawsuit trying to block the stadium project by the Knights. The first, filed in 2007, opposed a series of land swaps by the city, Mecklenburg County, the Charlotte-Mecklenburg Board of Education ...Read More »
The Charlotte Knights have slain the lawsuit dragon delaying their new stadium in uptown. Now, the Triple-A ball club must convince some skeptical Mecklenburg County commissioners that the project is still a good use of the land. In their pitch, ...Read More »
Charlotte home prices fell 6.8 percent in March from March 2010, according to the Standard & Poor’s Case-Shiller Home Price Index. The city’s home prices were down 2.4 percent in March from February. Home prices fell over the year in 19 ...
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Charlotte inventors aren’t the only ones who have figured out how to get major retailers with headquarters in the area to buy their products. Local companies have done it, too. Mooresville-based home improvement juggernaut Lowe’s also carries items manufactured and ...Read More »
Mitsubishi Nuclear Energy Systems plans to open its main engineering center in Charlotte, in a $4.1 million project that will create 135 jobs over the next five years, officials announced today. Gov. Beverly Perdue and Mitsubishi executives made the announcement at the ...Read More »
Inventors in Charlotte might struggle to find innovation. But once that inspiration strikes, they might think they can just take their products to the national chains that have headquarters in the area and get their wares on the shelf. Indeed, ...Read More »