North Carolina’s population has grown by 1.48 million since 2000, or 18.5 percent, according to data released Tuesday by the U.S. Census Bureau. The state’s population was 9.5 million at the time of the 2010 census, up from 8.04 million ...Read More »
Bethlehem, Pa.-based Hydac Technology Corp. will invest $9.6 million and create 54 jobs in Lincoln County for its cooling division’s new manufacturing facility. Hydac will be the first company to open in the new 235-acre Airlie Business Park off Highway ...
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Charlotte-based Bank of America will bundle property loans from Aegon USA Realty Advisors into bonds under a deal announced Thursday. Bank of America will ”utilize Aegon’s commercial real estate lending expertise and significant industry relationships to source new lending opportunities that ...
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Charlotte-based Duke Energy Corp. said it has completed a joint venture with Alinda Capital Partners to grow DukeNet Communications. DukeNet also said Tuesday that it has closed on a $150 million senior-secured credit facility to fund expansions. The joint venture ...Read More »
Charlotte-based Tree.com has announced the preliminary results of its plan to repurchase its own stock, saying it expects to buy 312,339 shares. The parent company of LendingTree said the shares will be bought for $7.75 apiece under the modified “Dutch auction” tender ...Read More »
“What can you do with a garage door?” That was the question on Tom Latimer’s mind after looking this month at a foreclosed home in Matthews that had been stripped of all its electrical wiring and boxes, heating and air ...Read More »
Now that new energy-efficiency building codes have been approved for North Carolina — a move that could raise construction costs — the building industry is looking for ways for lower those costs. A week ago, the North Carolina Building Code ...Read More »
When the NASCAR Hall of Fame opened in May, David Montgomery, sales manager at the Westin Charlotte Hotel, thought the museum would generate travelers taking weekend trips to see the new attraction. But so far, NASCAR-driven hotel guests are more ...Read More »
Although cutting or scaling back the right of way project along North Tryon Street would save $45 million, the Charlotte Area Transit System has decided to preserve those improvements. Such projects involve incorporating bike lanes in the roads, adding or ...Read More »