The city of Charlotte has given developer Jim Donnelly a two-year extension on his option to purchase the Carolina Theatre and has added some financial safeguards to its development agreement as well.
City Council approved the ninth extension for CMP Carolina Theatre, the development company Donnelly heads, with an 8-3 vote on Oct. 12. The extension [...]
October 20, 2009
Developer Jim Donnelly gets two-year extension on Carolina Theatre
October 20, 2009
Clinverse gets $2.2M boost
Clinverse Inc., a Charlotte-based technology company, has received $2.2 million in financing.
The funds will be used to develop ClinPay, an electronic-payment network used for drug trials in the pharmaceutical industry.
The money comes from an investment syndicate that comprises current investors and Vital Financial, an investment bank based in Bethesda, Md.
“We are pleased to have rounded [...]
October 20, 2009
Goodrich inks pact with Rolls-Royce
Goodrich Corp. has signed a research agreement with Rolls-Royce Group plc to develop fuel nozzles. The product will be used on environmentally friendly gas-turbine aircraft engines, Goodrich says.
The Charlotte-based manufacturer also will supply Rolls-Royce with combustion-system fuel nozzles for the Rolls-Royce Trent XWB engine used on Airbus A350XWB commercial aircraft.
Goodrich says its fuel nozzles are [...]
October 20, 2009
Solar water water heater firm sets up Knoxville base
This month’s Green Report in the Greater Knoxville Business Journal focused on financing issues related to large solar installations. But FLS Energy, an Asheville company that’s recently set up shop in Tennessee, sells photovoltaic systems and has a particular emphasis on solar water heating systems. The company offers financing as well. FLS Energy has 38 [...]
October 20, 2009
Swedish furniture company to offer 150 new jobs to Dandridge
A Swedish furniture manufacturing company plans to employ up to 150 East Tennesseans in its new 95,000 square foot plant in Dandridge.
A ribbon cutting ceremony was held Friday morning for BJS North America Inc., where tables, headboards and other furniture products will be made for the Swedish furniture company IKEA.
The factory has been up and [...]
October 20, 2009
UT report shows signs the recession is easing
A new report from the University of Tennessee shows signs the recession is finally easing.
The report comes out three times a year and it provides an economic forecast for state and local governments.
The most recent report is the first one in a long time that shows signs the economy is turning around.
“We’re now looking [...]
October 20, 2009
A-B Tech to offer customer service job training course
Asheville-Buncombe Technical Community College is offering a course in advanced customer service next month as part of the governor’s Jobs NOW initiative.
Classes will run from 9 a.m. – 1 p.m., Mondays-Thursdays, Nov. 9 – Feb. 4 in the Haynes Center at the college’s Enka campus.
Those who complete the course will be qualified for jobs like [...]
October 20, 2009
Motorcycle shop opens
Mike Jones has opened Blue Ridge Riders on Tunnel Road.
The dealership offers motorcycles and all-terrain vehicles. Two years ago Jones sold Mike’s Bikes, his dealership in Fort Myers, Fla., with plans to retire, but the business drew him back.
“My father taught me that quality and affordability generate more repeat customers,” Jones said in a press [...]
October 20, 2009
Despite tough year, manufacturing will play vital role in WNC’s future
At the end of a panel discussion Tuesday at which representatives of local manufacturers were touting the benefits of a career in the field to educators, a teacher asked if any of companies was hiring.
Only one of the four companies represented said yes.
Local manufacturing plants have been hit hard by the recession much like businesses [...]
