Charlotte-based Shaw Power Group has multiple power plant construction projects under way in the area. There’s Cliffside Steam Station in Cleveland and Rutherford Counties, Buck Steam Station in Rowan County and Dan River Steam Station in Rockingham County. They’re big, complex projects: The company is building new coal-fired units, which are expected to be operational [...]
While the seeds were already planted, the recession and the tremors it sent through the financial sector helped pave the way for new industries in Charlotte. Although the city is still known as a banking capital, some expect those new industries — energy, foreign investments, biotechnology and small and minority-owned businesses — to substantially change [...]
From expanding facilities, mergers and acquisitions and the creation of new jobs, there’s been a spate of business announcements in Charlotte recently. Some say the announcements indicate that the region’s business climate is improving, but they are hesitant to say when Charlotte will emerge from the recession. “Charlotte is hitting the radar of a lot [...]
When Shaw Power Group announced Tuesday plans to add 225 jobs in Charlotte, it electrified economic development officials, who have been trying to raise the city’s profile as an energy capital. SPG, part of Baton Rouge, La.-based The Shaw Group, released the news after announcing the day before that the company and Toshiba Corp. entered [...]
