The Latest

Economy & Workforce

North Carolina GDP grows 2.9%, outpacing U.S. in second quarter

RALEIGH - North Carolina's real gross domestic product grew at a 2.9% annualized rate in the second quarter, above the revised 2.2% U.S. pace, while state personal income…

September 30, 2026

Companies & People

Hatteras targets $100 million fund, revives startup-creation strategy

DURHAM - Hatteras Venture Partners has held the first close of a fund targeting $100 million and revived its startup-creation strategy as the health care investor expands support…

September 30, 2026

Companies & People

Caterpillar plans $1 billion Sanford manufacturing expansion

SANFORD - Caterpillar plans to invest approximately $1 billion in North Carolina, including a new manufacturing facility in Sanford that will expand production of compact track loaders and…

September 30, 2026

Development & Infrastructure

Orion pays $26.1 million for Boone shopping center

BOONE - Orion Real Estate Group paid $26.1 million for Watauga Village, a fully leased, Food Lion-anchored shopping center in Boone, marking the firm's first shopping-center acquisition in…

September 30, 2026

Companies & People

Capital Group opens Charlotte East Coast hub

CHARLOTTE - Capital Group has opened its East Coast operations hub at One Independence Center, beginning a Charlotte buildout tied to 600 pledged jobs, at least $60 million…

September 30, 2026

Companies & People

Daimler Truck Financial Services opens Charlotte headquarters

CHARLOTTE - Daimler Truck Financial Services has opened a 60,000-square-foot North American headquarters in Ballantyne, consolidating administrative, human resources and financial operations from Michigan and Texas at a…

September 30, 2026

Companies & People

Raleigh-based McAdams acquires Texas sports-facility design firm

RALEIGH - McAdams has acquired Sports Design Group, adding a specialized Texas athletic-facility practice to the Raleigh-headquartered planning, design and engineering firm.

September 29, 2026

Companies & People

Huntington leases two more floors for Charlotte regional headquarters

CHARLOTTE - Huntington National Bank has leased two additional floors at One South, doubling its regional headquarters footprint to four floors as the bank expands across the Carolinas.

September 29, 2026

Development & Infrastructure

Link Logistics acquires roughly 878,000-square-foot Gastonia distribution center

GASTONIA - Link Logistics has acquired Delta Industrial Park, a modern bulk-distribution property beside Interstate 85. Independent reporting describes it as the Charlotte region's only vacant industrial building…

September 29, 2026

Companies & People

JELD-WEN debt agreement targets $135 million in new financing

CHARLOTTE — JELD-WEN Holding Inc. signed an agreement with holders of most of its 2027 notes and 2028 term loans that would push those maturities to 2031 and…

September 29, 2026

Development & Infrastructure

Charlotte historic designation advances $250 million 301 South Tryon conversion

CHARLOTTE - Charlotte City Council has granted local historic-landmark status to 301 South Tryon, a step developers say is essential to obtaining tax incentives for a planned $250…

September 29, 2026

Companies & People

Nucor shares slide as $15 billion Iowa steel project raises capacity concerns

CHARLOTTE - Shares of Charlotte-based Nucor fell with other U.S. steel producers after Mesabi Metallics announced a planned $15 billion Iowa mill that could add 7.5 million to…

September 29, 2026