Rock Hill Manufacturing Sector News

Agriculture

Concerns Rise Over Sudden Closures of Family Dollar Stores in Charlotte

Concerns Rise Over Sudden Closures of Family Dollar Stores in Charlotte CHARLOTTE — In a puzzling turn of events, families across Charlotte are scratching their heads and voicing their concerns as at least two Family Dollar stores in the city have temporarily closed their doors. Residents are left wondering why such essential retail options for the community have vanished, even if just for the time being. Dollar Tree’s Major Plans

November 5, 2024 No Comments

Business News

NN Inc. Faces $2.6 Million Loss in Third Quarter, Raises Revenue Forecast for Recovery

NN Inc. Reports Third Quarter Loss in Charlotte Charlotte, N.C. — It seems like not every quarter can be a winner, and for NN Inc. (NNBR), this third quarter has been a bit of a roller coaster. The Charlotte-based industrial parts manufacturing company recently reported a loss that left many investors scratching their heads. Let’s dive into the details and see what this means for the company moving forward. A

October 31, 2024 No Comments

Business News

Exciting New Industrial Park to Boost Economic Growth in Concord!

Exciting New Industrial Park Coming to Concord! Hey there, Concord residents! We have some exciting news that is sure to bring a wave of economic growth and job opportunities to our lovely city. Charlotte-based Tribek Properties has teamed up with Greenberg Gibbons Properties to kick off a new industrial development project right here in Concord. What’s even cooler? This project will span over 80 acres and features a total of

October 30, 2024 No Comments

Business News

Amazon’s Gaston County Facility Transitions to Equipment Hub, Sublease Plans Abandoned

Gaston County’s Amazon Facility Shifts Focus, No Longer Up for Sublease Hey there, Gaston County! Big news is buzzing around town regarding Amazon’s massive industrial building located at 525 Scalybark Road in Gastonia. Earlier this year, the e-commerce giant told us it was on the hunt for a new tenant to take over its impressive 286,272-square-foot facility at Gateway85. But hold your horses! Just this week, Amazon has confirmed that

October 30, 2024 No Comments

Business News

Statesville Community Faces Job Losses Before the Holidays as International Paper Plant Closes

Statesville Community Faces Job Losses Before the Holidays It’s a tough time for the hardworking folks in Statesville, North Carolina, as many are dealing with unexpected news just before the holiday season. International Paper Co. recently announced the closure of its container plant located at 930 Meacham Road, which is set to take place on December 16. This decision, as detailed in the Worker Adjustment and Retraining Notification (WARN) received

October 22, 2024 No Comments

Business News

Nucor Corp. Reports Record Third-Quarter Earnings, Surpassing Expectations with $249.9 Million Profit

Exciting News from Charlotte: Nucor Corp. Posts Impressive Third-Quarter Results Charlotte, N.C. – It’s been a bustling week here in Charlotte, especially for those following the fortunes of Nucor Corp., one of the leading steel manufacturers in the United States. On Monday, this big player in the steel industry announced its third-quarter financial results, and they are definitely worth sharing! Strong Earnings Highlighted So, what’s the scoop? Nucor reported a

October 21, 2024 No Comments

Business News

Charlotte Welcomes The Imagine Group’s Major Expansion at Innovation Park

Charlotte Celebrates Business Growth with The Imagine Group’s Expansion In a move that really puts Charlotte on the map, the commercial printing company The Imagine Group has just announced its decision to renew and expand its lease at Innovation Park. This Minnesota-based company has been a significant player at the development since 2011, and their recent contract ensures they are firmly rooted in the area for the next decade. A

October 17, 2024 No Comments

Business News

Major Industrial Development Plans Igniting Change in Kannapolis

Major Industrial Development Approaches in Kannapolis In the heart of Kannapolis, an exciting transformation is underway! Recently, a notable Charlotte developer made headlines by acquiring a significant piece of land along N.C. Highway 73. On September 28, 2023, C4-AR 7-Eleven LLC, linked to the experienced duo of Peter B. Pappas and Tim Sittema from Crosland Southeast, purchased a 10-acre site at 6551 Davidson Highway for nearly $1.9 million. What’s Happening

October 17, 2024 No Comments

Business News

Honeywell Announces Spin-Off of Advanced Materials Business Under New Leadership

Charlotte – Honeywell’s Big Moves Under New Leadership Exciting changes are on the horizon for Honeywell International Inc., a Fortune 500 company based in Charlotte. Under the leadership of CEO Vimal Kapur, the company is continuing its efforts to reshape its business structure. Today, Honeywell announced a plan to spin off its advanced materials business to become a standalone, publicly traded company. This move is part of a broader strategy

October 8, 2024 No Comments

Business News

Albemarle Unveils New Operating Structure to Streamline Costs and Enhance Efficiency

Albemarle Announces New Operating Structure to Optimize Costs Charlotte, NC – In a move that aims to streamline operations and achieve significant cost savings, Albemarle Corporation has just revealed an exciting change to its business structure. This Charlotte-based lithium giant is unifying its two primary business units—energy storage and specialties—into one cohesive operating model. This decision comes as part of a larger effort to review and reduce operational costs, which

October 7, 2024 No Comments

Category: Manufacturing