North Carolina’s business climate ranks first in the nation, according to an annual listing by Site Selection magazine.
The Tar Heel State garnered the top honor for the fifth consecutive year.
“The concentration of brainpower and research and development activity in North Carolina cuts across many disciplines, territories and institutions,” says Adam Bruns, managing editor of Site [...]
Entries Tagged as ‘News: Charlotte’
November 9, 2009
N.C. ranked first for business climate
November 9, 2009
Cato’s October sales up 4%
Cato Corp. reports sales for the four weeks ended Oct. 31 of $61.9 million, a 4 percent increase from $59.5 million a year ago.
Sales at stores in operation for at least a year were flat.
The Charlotte-based retailer says higher-than-expected sales and margins will push projected earnings to between 7 cents and 9 cents per diluted [...]
November 9, 2009
Davidson College honored for value
Davidson College has been named the fourth-best value among top liberal arts colleges by Kiplinger’s Personal Finance.
The rankings are based largely on academic quality and affordability. Tuition, fees and room and board cost $45,000 at the private school.
Pomona College in California ranked first, followed by Swarthmore College in Pennsylvania and Williams College in Massachusetts.
Davidson is [...]
November 5, 2009
Stimulus helping Charlotte ‘green’ its business sector
The energy industry is getting a makeover. The U.S. needs to lead the way to remain competitive in the global market, and Charlotte’s ready to lead the charge.
The $787 billion stimulus package the Obama administration put together this year includes about $70 billion in grants and tax breaks for the energy industry — almost all [...]
November 5, 2009
Best Companies to Work for in Charlotte: Red Ventures Ranks 6th in 2009
For the second consecutive year, Red Ventures has been named one of the city’s best companies to work for by the Charlotte Business Journal. The rapidly-growing online marketing and sales company was honored for its unique culture that rewards entrepreneurship and risk-taking.
Red Ventures ranked 6th among medium-sized companies on the 2009 Best Places to Work [...]
November 5, 2009
Bank Of America Having Difficulty Taking A Hint
No one (not currently on payroll in Charlotte) wants to be CEO of Bank of America. That much is obvious. Not Ken Lewis, not anyone. Included in that group of people: Bank of New York Mellon Robert Kelly. And yet, despite having their calls forward to The Rejection Line, several times at this point, BAC [...]
October 20, 2009
Developer Jim Donnelly gets two-year extension on Carolina Theatre
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
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 6, 2009
General Dynamics unit lands $16M contract
General Dynamics Armament and Technical Products has been awarded a $16 million contract to supply chemical-agent detector systems to the U.S. Army.
Under the agreement, the Charlotte-based company will provide Joint Service Lightweight Standoff Chemical Agent Detector systems and spares for Stryker Nuclear, Biological and Chemical Reconnaissance Vehicles.
The technology uses an infrared detection system that searches [...]
