Business
Knoll America will bring US HQ, 31 new jobs to Gaston County
June 16. Knoll America, a supplier of conveyor systems, filter systems and metal processing pumps, will bring its US headquarters to Gaston, along with more than two dozen jobs. The company, which will also collaborate with Gaston College to set up apprenticeship programs, will invest more than $7.8 million in the headquarters and manufacturing facility. […]
Novant: COVID by the numbers
June 15. Nearly 16 months after the first coronavirus cases hit North Carolina, Novant Health says it has administered more than 500,000 doses of the COVID-19 vaccine. “Half-a-million doses is an incredible achievement and represents the countless hours of planning, implementation and dedication that went into our pandemic response,” said Carl S. Armato, CEO of […]
Gov. Cooper drafts ambitious wind power plan
June 9. By Dave Yochum. Hoping to provide power to 2.3 million homes by 2040, Gov. Roy Cooper this morning announced ambitious new targets for offshore wind energy development as part of a transition to a clean energy economy. “Offshore wind power will help North Carolina create jobs and generate economic development while helping us […]
Plan your COVID comeback with people in mind
BUSINESS ADVICE | By Cheryl Kane June 8. Whew! Since March 2020 COVID-19 has put sales under enormous pressure. It placed unimaginable burdens on some and created extraordinary opportunities for others. Did you learn to pivot? Sales managers and business leaders had their own customized terms for the special circumstances they faced. What all businesses […]
UCB will buy Aquesta in stock/cash deal valued at $131 million
May 27. Aquesta Financial, the only banking company headquartered in North Mecklenburg, is being acquired by United Community Banks in a deal valued at $131 million. The transaction is expected to be completed in the fourth quarter. Jim Engel, CEO of Aquesta, said the bank needed a partner with a larger balance sheet and expanded […]
Credit Karma to add 600 jobs; average pay $156K
May 25. Credit Karma, a personal finance technology company, will invest more than $13 million in a high-tech engineering hub in Charlotte, adding 600 new jobs. Credit Karma, a unit of Intuit, is a consumer technology platform best known for providing more than four billion free credit scores to consumers. The company has more than […]
Atrium announces $500 million philanthropic undertaking
May 25. Atrium Health is launching a large, comprehensive philanthropic campaign valued at more than $500 million over the next six years. Designed to transform the delivery of healthcare to patients throughout the region, the new campaign—called “Giving Hope”—is expected to strengthen communities, transform facilities and advance healing through enhanced medical research and education. “Great […]
Bass Pro Shops affiliate buying Hatteras Yachts
May 21. A venerable name in offshore boat builders is being acquired by White River Marine Group whose parent company is Bass Pro Shops. White River will invest $34 million to upgrade Hatteras Yacht’s New Bern facility and add 500 new jobs. WRMG plans to establish a state-of-the-art coastal manufacturing center. The announcement was made […]
LKN Chamber observes Small Business Week online May 26-27
May 26. The Lake Norman Chamber of Commerce will celebrate Small Business Week with a live, two-night virtual event May 26 and 27. “Total Business Wellness Feel Good, Work Good and Achieve International Success,” which is free to attend, includes a pre-recorded introduction from NC Sen. Thom Tillis, sessions with a variety of professional coaches […]
By the numbers: A closer look at North Carolina’s population growth
May 20. By NC Policy Watch. After unveiling the official counts of state populations, the U.S. Census Bureau released a new round of county and metro-level population estimates for 2020 ahead of detailed counts of the 2020 Census later this fall. The estimates are calculated by tracking births, deaths and migration on top of the 2010 Census […]
