Rock Hill Manufacturing Sector News

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

Agriculture

Charlotte Residents Unable to Access Local News Website

Charlotte Residents Unable to Access Local News Website Residents in Charlotte were left frustrated and confused as they tried to access a popular local news website, only to be met with an error message stating, “This website is unavailable in your location.” The website, known for providing up-to-date news on a variety of topics including local events, entertainment, and community news, was inaccessible to users attempting to visit the site

March 11, 2024 No Comments

Business News

Machinery Company in Charlotte to Lay Off 33 Employees

Machinery Company in Charlotte to Lay Off 33 Employees Charlotte — Thirty-three workers will be out of a job because Daifuku Services America filed a notice with the state that the company is closing its facility on Old Dowd Road. The automated machinery company says Amazon canceled its contract, leading to the layoffs. Impacted Employees The 33 employees affected by the layoffs are set to lose their jobs as a

March 1, 2024 No Comments

Category: Manufacturing

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

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

Charlotte Economic Outlook: Experts Predict Positive Year Ahead

Supporting Charlotte Creatives with New Opportunity Fund

Family Dollar And Dollar Tree Will Close 1,000 Stores

Charlotte Residents Unable to Access Local News Website

Machinery Company in Charlotte to Lay Off 33 Employees