The Latest

Companies & People

Shemar Electric USA plans $15 million Charlotte manufacturing hub

CHARLOTTE - Shemar Electric USA plans a $15 million headquarters and first U.S. manufacturing facility in north Charlotte, with 80 jobs expected.

September 17, 2026

Government & Business

Raleigh directs draft of six-month data center moratorium

RALEIGH - Raleigh City Council has directed the city attorney to draft a proposed six-month moratorium on new data center applications for consideration Oct. 6.

September 16, 2026

Government & Business

American Water proposes $175 million purchase of Rocky Mount utilities

ROCKY MOUNT - American Water has proposed paying $175 million for Rocky Mount's water and wastewater utilities, a potential transaction that would move essential municipal infrastructure into private…

September 16, 2026

Economy & Workforce

Bossong Hosiery closes Asheboro plant, eliminating 122 jobs

ASHEBORO - Bossong Hosiery Mills has permanently closed its Asheboro manufacturing operation, eliminating 122 jobs, according to a state WARN filing.

September 16, 2026

Development & Infrastructure

Reckitt doubles Wilson plant investment to $400 million

WILSON - Reckitt plans to double its investment in a developing Wilson manufacturing facility to $400 million and expand the building to 544,000 square feet.

September 16, 2026

Development & Infrastructure

Kinston military aircraft complex set to open with 400 jobs planned

KINSTON - Fleet Readiness Center East's new military aircraft maintenance complex at the Global TransPark is scheduled to open Sept. 17, with more than 400 jobs planned.

September 16, 2026

Development & Infrastructure

Rockingham approves rezoning for proposed $1.2 billion data center

ROCKINGHAM - City Council voted 4-1 to approve conditional rezoning for a proposed $1.2 billion, four-building data center campus on 165.07 acres.

September 16, 2026

Companies & People

Charlotte lands WTA headquarters, Finals with $14.4M state grant

CHARLOTTE - The Women's Tennis Association will move its global headquarters to Charlotte, which also will host the WTA Finals from 2027 through 2029 with a $14.4 million…

September 16, 2026

Companies & People

Former Sheraton Raleigh owner files Chapter 11 after $27.75M sale

RALEIGH - Raleigh Hotel XXIX Owner LLC, the former owner of the Sheraton Raleigh, filed for Chapter 11 bankruptcy months after selling the downtown property for $27.75 million.

September 16, 2026

Development & Infrastructure

Palmer Donavin leases 225,000 square feet at Butner industrial park

BUTNER - Building materials distributor and door fabricator Palmer Donavin has leased a 225,000-square-foot build-to-suit facility at Falls Lake Industrial Park, becoming the project's first tenant.

September 16, 2026

Companies & People

Carvana plans about 100 jobs at Charlotte inspection center

CHARLOTTE - Carvana plans to add inspection and reconditioning operations to its existing ADESA Charlotte site, a move expected to create about 100 jobs.

September 16, 2026

Government & Business

Statesville enacts 180-day moratorium on new data center applications

STATESVILLE - City Council enacted a 180-day pause on accepting, processing or approving new data center applications while officials review local development rules.

September 16, 2026