In Davidson, an ordinance is pitting developers against town officials. At the crux of the conflict is a section of the town’s planning ordinance that is requiring the developer of Summers Walk, a master-planned residential community, to cover the cost ...Read More »
Charlotte-based SPX Corp. today said it has entered into an agreement to buy the assets of U.K.-based Teradyne Inc.’s Diagnostics Solutions division. The terms of the purchase were not disclosed. Diagnostics Solutions has operations in Manchester, Brussels, Munich, Detroit and Tokyo. It ...
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SPX Corp. this morning reported that it had earnings in the fourth-quarter of 2010 and for the year as a whole. During the three-month period that ended Dec. 31, the Charlotte company recorded net income of $65.3 million, or $1.29 per share. ...Read More »
Growing demand has prompted truck manufacturer Freightliner to announce plans for 628 new jobs at two Charlotte-area plants. The company said today that it plans to fill 447 manufacturing jobs and 27 administrative positions at its factory in Mount Holly. ...Read More »
RALEIGH — North Carolina’s current 100-charter school limit would end in a measure that cleared a Senate committee today, despite complaints by Democrats and traditional school supporters it lacks enough accountability to ensure opportunity for at-risk students to attend. A ...
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Willis North America said Jeff Elliott will be director of operations in Charlotte. WNA is part of London-based insurance broker Willis Group Holdings. Elliott will oversee technology initiatives, among other things.Read More »
A foreclosure hearing is scheduled next month in Mecklenburg County involving four hotels owned by Hospitality Group of Hickory, a hotel-management company. According to court documents, Hospitality Group signed a promissory note in September 1998 with Wachovia Bank for $13.85 ...Read More »