economic development

City of Charlotte

Charlotte didn't land Amazon’s planned second headquarters project. But, the city is reportedly closing in on a deal with the online retailer for a sprawling new distribution center near the airport.  

Charlotte City Council Economic Development Committee

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.

Union County commissioners have voted to suspend the county's membership in the Charlotte Regional Partnership, which helps recruit jobs to the Charlotte area.

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.

In October, Charlotte Area Transit System added slogans to buses saying "Hey Amazon! #CLTisPrime"
David Boraks / WFAE

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. 

Lakemont Business Park
Crescent Communities

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.  

A main building on the site once was a Ford Model T factory and Army missile plant. More recently, it was a Rite-Aid distribution center.
David Boraks / WFAE

The Charlotte City Council on Monday approved a rezoning for the 72-acre Camp North End development off Statesville Avenue, north of uptown.  

Corning will expand its optical fiber plant in Midland, in Cabarrus County.
Corning Inc.

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.

Corning Inc.

Updated 11:20pm
Corning Optical Communications has picked a site off I-485 in northwest Charlotte for its new $38 million headquarters, a spokesman said Tuesday.

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