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Monroe manufacturer to spend $8.7M to update equipment

June 12, 2017

Scott Morris believes his company will grow by 70% over the next five years as highway, building and other projects kick into high gear. 

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Schaeffler still growing S.C. bearing plants as it completes $164M expansion in state

June 01, 2017

Fresh off a $36 million expansion that bought Schaeffler Group USA Inc.’s Fort Mill Plant 1 to close to 500 employees, the German-owned company believes that number will be closer to 550 by 2020.

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Borealis Compounds will operate new plant in Alexander County

May 25, 2017

FOR IMMEDIATE RELEASE                                                                                                                                                                                                                                                                    CONTACT:

 

Monroe truck parts plant building new $40M factory near airport

May 25, 2017

A longtime Monroe manufacturer is doubling the size of its presence with a $40 million truck-hub factory near the Charlotte-Monroe Executive Airport. 

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Verizon Wireless expands into larger call center, plans 100-300 new jobs in Charlotte

May 25, 2017

Verizon Wireless has signed a lease for expanded call-center space in a former big-box retail store in east Charlotte. 

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Pharma company eyes job growth, expansion at $50M Monroe facility

May 23, 2017

Glenmark Pharmaceuticals will increase its workforce by 45% as it scales up operations at its Monroe manufacturing facility.

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Axalta opens $30 million paint-training center in Concord that will grow to 75 employees

May 16, 2017

When someone mentions the possibility of a new Concord corporate headquarters during the grand opening of a $30 million Axalta customer training center, Mayor Scott Padgett’s ears perk up. 

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AXA expanding in Charlotte with 550 jobs, $18M investment in University area

May 09, 2017

Insurance giant AXA will add 550 jobs to its University-area offices to create the largest of its U.S. operations.

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Report: Charlotte among top U.S. cities for starting a business

May 02, 2017

Entrepreneurs are better suited in starting a new business in Charlotte than in most of the nation's largest cities, according to a new analysis. 

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Room & Board, Inc. to construct 250,000 sf Warehouse and Distribution Center in Newton

May 01, 2017

NEWTON, NC – Room & Board announced plans to develop with The Keith Corporation a new 250,000 square foot warehouse and distribution center in Newton, Catawba County. The company intends to invest $12,870,000 and create at least 13 new jobs by the end of 2020 on a 41-acre site in front of the