The Charlotte City Council likely won't approve an agreement to redevelop the vacant Eastland Mall site until at least next February. That's in a timetable approved Thursday by the council's economic development subcommittee.
The head of the Charlotte Regional Partnership says he won't release details of the city's pitch to land Amazon's massive second headquarters, even though Charlotte is now out of the running. Ronnie Bryant told WFAE Wednesday that's not the way recruiters do business.
Amazon has given local business recruiters a bit of feedback on why Charlotte didn't make the list of 20 finalists for the company's planned $5 billion second headquarters. One key reason: a shortage of tech talent.
Stanley Black & Decker says it will build a $31 million power tool manufacturing plant near Fort Mill, S.C., south of Charlotte. The plant will make Dewalt cordless tools, and is expected to employee about 500 people.
Corning Inc. says strong demand for optical fiber and cable is bringing another expansion in North Carolina. The company said Monday it will spend $176 million in Catawba and Cabarrus counties and create 410 jobs over the next two years.
Corning Inc. says growing demand for optical fiber in communications networks is behind plans for a $30 million expansion of its optical cable plant in Hickory. The company also announced a similar sized expansion of another plant in Winston-Salem.