Charlotte-based General Dynamics said today that it has been awarded an $11.2 million contract modification by the U.S. Navy to make components for a weapons system. The contract, awarded to General Dynamics’ armament and technical products division, is for the continued production of MK82 ...Read More »
Thanks to a computer system shutdown, Mecklenburg County homeowners have more time to appeal their 2011 revaluations. Over the weekend, the county’s servers went down, preventing homeowners from using the Real Estate Lookup system to research property information needed to ...Read More »
Charlotte-area home sales and prices fell in February from the same month a year ago, the Charlotte Regional Realtor Association said today. Sales fell 4.9 percent to 1,329 from 1,397, while the average sales price dropped 5.9 percent over the same period, to $180,036 from $191,288. But the ...Read More »
Nucor Corp. said it started construction this week on a $750 million iron-making plant in Louisiana. The plant is being built in St. James Parish, just outside New Orleans. The Charlotte-based manufacturer of steel products said it will build one plant initially, ...
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Bank of America said it plans to expand its outreach programs to help struggling homeowners in 2011. To lead the effort, the Charlotte company said it has named Rebecca Mairone as national mortgage outreach executive. Her duties will include managing and growing ...
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Corporate Traffic today said that it has opened an office in Charlotte, the company’s only satellite operation outside of its Jacksonville, Fla., headquarters. The office, at 1515 Shopton Road, opened March 1 with three employees, but a spokesman said the company plans ...Read More »
Colonial Properties Trust said it has purchased the Colonial Grand apartment complex in Cornelius for $23.4 million. In a press release, the Birmingham, Ala., real estate investment trust said the 236-unit Class A apartment community is in the “high-end submarket of Cornelius near Lake ...Read More »
The Charlotte Mecklenburg Coalition for Housing. The Charlotte Regional Visitors Authority. The Residential Rental Property Review Board. Those are among 19 boards, committees and other panels with vacancies that the Charlotte City Council will make nominations for April 11. The positions ...Read More »
The CEO of Beazer Homes will pay $6.5 million to reimburse the company for bonuses and stock profits he received while the company was committing accounting fraud, the Securities and Exchange Commission said. The SEC said a settlement was reached Thursday with Ian ...Read More »
Mecklenburg County foreclosure cases rose 107 percent in February from the same month last year, according to the North Carolina Administrative Office of the Courts. There were 1,943 cases, up from 937. February foreclosure cases were also up from January, when there were 1,850. That’s a ...
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