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Category: Manufacturing

Business Transformation Journey
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

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Cost Optimization Strategy
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

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Industrial Storage Growth
Business News

Charlotte Experiences Significant Growth in Industrial Outdoor Storage Investments

Charlotte Sees Surge in Industrial Outdoor Storage Investments Charlotte is becoming quite an attractive hub for industrial outdoor storage properties, as evidenced by the recent activity from various investors looking to plant their feet in the Queen City. Just last week, a Philadelphia-based real estate firm, Alterra Property Group, made headlines by acquiring an industrial outdoor storage (IOS) site located at 309 Morningside Road for a cool $3.25 million. Details

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Textile collaboration growth
Business News

Charlotte Textile Firm Flourishes Through Innovative Partnership with Guatemalan Supplier

Charlotte Textile Firm Thrives with Innovative Guatemalan Partnership Charlotte, a city known for its rich textile history, is witnessing a unique revival in its local industry, thanks to a long-standing company that has taken its operations overseas without losing its core values. While it’s true that many textile jobs have disappeared from the area, one Charlotte-based firm is not just surviving; it is thriving by investing in Texpasa, a Guatemalan

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Electronics Manufacturing Expansion
Business News

Charlotte, N.C. Sees Growth in Electronics Manufacturing with American Circuits Expansion

Charlotte, N.C. Welcomes New Expansion in Electronics Manufacturing Charlotte is buzzing with excitement as a local family-owned electronics assemblies manufacturing company, American Circuits, Inc., recently made a significant move that promises to bolster both the industry and the economy. The company has expanded its operations by consolidating two existing facilities into a brand-new, state-of-the-art facility located at 10100 Sardis Crossing Drive. A Bright Future for Production The decision to move

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Modern Industrial Development
Business News

SunCap Property Group Launches New 373,950-Square-Foot Industrial Facility Near Charlotte Airport

SunCap Property Group Unveils New Industrial Development Near Charlotte Airport Charlotte, North Carolina, has just welcomed a shiny new addition to its industrial landscape! SunCap Property Group has officially completed the construction of SunPoint CLT, a colossal 373,950-square-foot industrial building that is now up for lease. Located conveniently at 8301 Old Dowd Road, this impressive facility is situating just minutes from the bustling Charlotte Douglas International Airport. Strategic Location Meets

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Electric Vehicle Charging Station
Automotive

Exciting Developments in Charlotte’s Electric Vehicle Landscape

Exciting Developments in Charlotte’s Electric Vehicle Landscape Charlotte is buzzing with energy these days, especially when it comes to electric vehicles! As green technology races forward, one company is looking to make a splash in the local market. Alpitronic, an Italian manufacturer of electric vehicle chargers, has officially launched its new headquarters in our city. This move is set to enhance charging infrastructure and ease some common concerns among potential

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Steel industry challenges
Business News

Nucor Corp. Faces Profit Decline Expectations Amid Growth Plans in Charlotte

Challenging Times Ahead for Nucor Corp. in Charlotte In the bustling city of Charlotte, Nucor Corp., one of the largest steelmakers in the United States, is facing some tough times. The company shared some news today that has caught the attention of investors and industry watchers alike. Nucor announced expectations for a significant year-over-year decline in profit for the upcoming third quarter, and that certainly raises some eyebrows. What’s the

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Urban Development Transformation
Business News

Charlotte Set to Transform Former Foundry Site into Vibrant Iron District

Charlotte Prepares for Exciting New Development: The Iron District The bustling city of Charlotte is set to make waves with a transformative development project called the Iron District. By turning a 55-acre former foundry site into a vibrant hub of residences, shops, and workplaces, the city is preparing for a lively 20 to 25-year journey of growth and innovation. Charlotte Pipe & Foundry’s Vision At the heart of this exciting

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Modern office environment
Business News

Bowman and Brooke Opens New Office in Charlotte’s Elizabeth Neighborhood to Enhance Local Operations

Bowman and Brooke Expands Office Presence in Charlotte’s Elizabeth Neighborhood Charlotte, a bustling city known for its vibrant business scene, is set to welcome a new player in the legal world! The Midwest law firm, Bowman and Brooke, has made quite the move by securing a long-term office lease in the charming Elizabeth neighborhood. This strategic choice is part of their plan to strengthen their local operations and provide better

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