Charlotte-based Forsite Development said today that it now has financing partners for a proposed plant that would burn Mecklenburg County’s garbage and convert it to energy as part of the ReVenture Park development. ReCommunity, Pegasus Capital Advisors and Hannon Armstrong Securities ...Read More »
In Charlotte, as in the rest of the country, the construction industry is feeling the pinch. The cost of building materials keeps rising. According to a March 16 Associated General Contractors of America report, material prices for all types of ...Read More »
A U.S. House bill that would prohibit the federal government from requiring contractors to use project labor agreements for some federal projects seemed to be dead earlier this year. But now the resurrected legislation is gaining momentum. After failing to ...Read More »
RALEIGH — North Carolina regulators are listening to a proposal to catch the wind coming off the Albemarle Sound in a cluster of up to 150 electricity-generating turbine towers. The state Utilities Commission holds a public hearing today about a ...
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RALEIGH — The General Assembly has agreed Joseph Smith Jr. should become North Carolina’s banking commissioner again after his nomination for a federal financial post fell short. The House completed the Legislature’s confirmation of Smith to the commissioner’s job Monday ...
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With no one challenging The Community Builders’ upset bid of $1.24 million, the Washington, D.C.-based affordable-housing developer is now poised to take ownership of two historic NoDa mills that are to be developed into a residential project. Charlotte’s Neighborhood and ...Read More »
Duke Energy Corp. and Progress Energy today filed applications with the North Carolina Utilities Commission, asking for approval for a merger the companies announced in January. Charlotte-based Duke and Raleigh-based Progress would become the largest electric utility in the U.S. if the ...Read More »
The Central Intercollegiate Athletic Association basketball tournament set an attendance record when it was held in Charlotte last month. According to figures released today from by the Charlotte Regional Visitors Authority, the 66th annual men’s and women’s tournament had 190,000 attendees. During ...Read More »
United Methodist Agency for the Retarded will open an $175,000 independent living home in Cornelius. The facility on Zion Avenue will teach residents life skills, such as how to make a home budget and cook healthy meals, so they can be ...Read More »
Bank of America Corp. today said its board of directors has authorized dividends on preferred stock. The Charlotte-based company has declared: • a quarterly cash dividend of 38 cents per depositary share on the 6.204 percent Noncumulative Preferred Stock, Series ...
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