Rock Hill Manufacturing Sector News

Business News

Shaping Charlotte through thoughtful planning, with Douglas Welton

Shaping Charlotte through thoughtful planning, with Douglas Welton Charlotte’s Vision for Growth and Development Charlotte, a vibrant city in North Carolina, has been experiencing significant growth over the past 25 years. This growth has posed both challenges and opportunities for the city, leading to the need for thoughtful planning and development strategies. Douglas Welton, the chair of the Charlotte Mecklenburg Planning Commission, plays a crucial role in shaping Charlotte’s future

June 17, 2024 No Comments

Agriculture

Charlotte Residents Missing Out on Local News

Charlotte Residents Missing Out on Local News Residents in Charlotte are facing disappointment as they are unable to access their local news website. The website, known for providing up-to-date information on various topics such as entertainment, community events, and breaking news, has become unavailable to those trying to access it from outside of the United States. This restriction has left many residents feeling disconnected from their community and uninformed about

June 3, 2024 No Comments

Business News

The South on top. It’s where to find the fastest-growing American cities

The South on top. It’s where to find the fastest-growing American cities CHARLOTTE, NC – Charlotte is one of the nation’s fastest-growing cities, according to a new U.S. Census report. Between July 2022 to July 2023, the city gained 15,607 people, reaching a population of 911,311. That is third-highest growth in the U.S. trailing only San Antonio and Fort Worth, Texas, the study found. Jacksonville and Port St. Lucie, both

May 19, 2024 No Comments

Business News

New $40 million fund hopes to support small business owners in Charlotte

New $40 million fund hopes to support small business owners in Charlotte A new multi-million dollar fund created to increase access to capital for local business owners is now available in Charlotte. The Charlotte Small Business Growth Fund is one of the largest non-pandemic funding opportunities in the city. Through fixed-interest-rate loans, it aims to invest $40 million in more than 2,000 local businesses over the next years. Supporting Small

May 17, 2024 No Comments

Business News

Charlotte, N.C.: JELD-WEN Reports Q1 Earnings Snapshot

Charlotte, N.C.: JELD-WEN Reports Q1 Earnings Snapshot JELD-WEN Reports First Quarter Loss CHARLOTTE, N.C. (HERE News) — JELD-WEN Holding, Inc. (JELD) announced on Monday that it reported a loss of $27.7 million in its first quarter. The Charlotte-based company stated that the loss equated to 32 cents per share. However, after adjusting for one-time gains and costs, their earnings came in at 21 cents per share, surpassing the expectations of

May 8, 2024 No Comments

Business News

Charlotte, N.C.: Nucor Reports Q1 Earnings Snapshot

Charlotte, N.C.: Nucor Reports Q1 Earnings Snapshot Nucor Corp. Reports First-Quarter Profit of $844.8 Million CHARLOTTE, N.C. (AP) — Nucor Corp. (NUE) on Monday reported first-quarter profit of $844.8 million. The Charlotte, North Carolina-based company said it had net income of $3.46 per share. Missing Wall Street Expectations The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $3.62

April 24, 2024 No Comments

Business News

Charlotte City Council Approves $3.6 Million In Grant Funds To Boost Workforce Development

Charlotte City Council Approves $3.6 Million In Grant Funds To Boost Workforce Development In a unanimous vote, city council approved $3.6 million in grant funds aimed at supporting workforce development initiatives. This decision marks a sizable investment in the city’s future and underscores a commitment to empowering its residents and businesses. Mayor’s Announcement “We are thrilled to announce the approval of these substantial grant funds for workforce development,” said Mayor

April 11, 2024 No Comments

Business News

Charlotte Economic Outlook: Experts Predict Positive Year Ahead

Charlotte Economic Outlook: Experts Predict Positive Year Ahead The economy is clicking along, and people should feel mostly optimistic about 2024, UNC Charlotte Belk College of Business experts told attendees at a Charlotte Business Journal Economic Outlook event held at The Dubois Center at UNC Charlotte Center City March 14. “Not going to happen,” came the view from John Connaughton, professor of financial economics in the Belk College of Business

March 24, 2024 No Comments

Business News

Supporting Charlotte Creatives with New Opportunity Fund

Supporting Charlotte Creatives with New Opportunity Fund CHARLOTTE, N.C. – If you are a member of the Charlotte creative hub, listen up. Matt Olin with Charlotte is Creative and Priya Sircar, the arts & culture officer for the City of Charlotte came by the studio to tell us about the new ‘Opportunity Fund’ initiative, providing grant money to Charlotte-Mecklenburg artists, creative groups, and nonprofits. What is the Opportunity Fund? According

March 20, 2024 No Comments

Beauty

Family Dollar And Dollar Tree Will Close 1,000 Stores

Family Dollar And Dollar Tree Will Close 1,000 Stores CHARLOTTE, N.C. – Family Dollar, the discount store, announced Wednesday that it will be closing nearly 1,000 stores. The decision comes after constant mismanagement and extremely poor work conditions, tarnishing the Family Dollar Brand. Family Dollar, which is owned by Dollar Tree, recently faced a fine of more than $40 million for a rat infestation at a warehouse, leading to temporary

March 15, 2024 No Comments

Category: Manufacturing