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December 3, 2025

Corporate headquarters of Scout Motors in Plaza Midwood, Charlotte
Automotive

Mecklenburg County Grants $207 Million for Scout Motors in Charlotte

Charlotte, December 3, 2025 Mecklenburg County has approved a substantial $207 million incentive grant to Scout Motors Inc., aiding the relocation of its corporate headquarters to Plaza Midwood in Charlotte. This move is projected to create 1,200 high-paying jobs over the next five years, almost double the county’s average wage. The funding, originating from state economic investment funds and local government contributions, is dependent on job creation and investment targets being

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December 3, 2025 No Comments
Illustration of SPX FLOW's circular economy model in manufacturing.
Business News

SPX FLOW’s Innovative Circular Economy Model Recognized

Charlotte, N.C., December 3, 2025 SPX FLOW’s Waukesha Cherry-Burrell brand has achieved notable recognition in the Best Social Good category of Inc.’s 2025 Best in Business list. This accolade highlights their innovative circular economy model implemented at the Delavan, Wisconsin facility, aiming to reduce waste and conserve resources in food and beverage pump manufacturing. By adopting a closed-loop system, SPX FLOW sets a benchmark for sustainability and responsible manufacturing, encouraging local

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December 3, 2025 No Comments
Abstract image representing healthcare innovation and private ownership.
Business News

Premier, Inc. Moves to Private Ownership with Major Acquisition

Charlotte, North Carolina, December 3, 2025 Premier, Inc., a leading healthcare improvement company based in Charlotte, has transitioned to private ownership after a $2.6 billion acquisition by Patient Square Capital. This strategic move is expected to enhance Premier’s financial agility, allowing greater investment in technology and service expansion within the healthcare sector. The acquisition, finalized on November 25, has led to significant leadership changes, including the resignation of the entire board,

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December 3, 2025 No Comments
Industrial buildings near Charlotte Douglas International Airport
Business News

California Investor Expands Portfolio with Charlotte Acquisition

Charlotte, North Carolina, December 3, 2025 A California-based investor has purchased a 168,480-square-foot industrial building near Charlotte Douglas International Airport for $10.4 million. This acquisition reflects growing investor confidence in the area’s industrial real estate market, particularly as the region benefits from strategic developments such as the ‘Destination CLT’ project aimed at modernizing the airport. The property is currently leased by Big Beverages Contract Manufacturing, showcasing the vibrant demand for industrial

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December 3, 2025 No Comments
Representatives discussing public transportation plans for Mecklenburg County
Business News

Mecklenburg County Forms Metropolitan Public Transportation Authority

Charlotte, NC, December 3, 2025 Mecklenburg County has established the Metropolitan Public Transportation Authority (MPTA) to manage transportation initiatives funded by a new one-cent sales tax increase. The MPTA, consisting of a 27-member board representing each town, aims to improve public transit and infrastructure, addressing the county’s growing transportation needs. Projected to generate $19.4 billion over 30 years, funding will focus on road improvements, rail construction, and bus services, ensuring equitable

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December 3, 2025 No Comments
Modern IMO Car Wash with cars being washed
Automotive

Driven Brands Sells IMO Car Wash for €406 Million

Charlotte, NC, December 3, 2025 Driven Brands Holdings Inc. has decided to sell its international car wash business, IMO Car Wash, to Franchise Equity Partners for €406 million. This strategic move aims to streamline operations and reduce net leverage ratio. The transaction is expected to close in Q1 2026, pending regulatory approvals. Proceeds from the sale will be utilized for debt reduction and corporate initiatives, reflecting Driven Brands’ commitment to enhance

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December 3, 2025 No Comments
Construction site of the new Fort Mill hospital campus
Business News

Atrium Health to Build New Hospital Campus in Fort Mill

Fort Mill, South Carolina, December 3, 2025 Atrium Health plans to invest $450 million in a new hospital campus in Fort Mill, South Carolina, aiming to enhance healthcare services and address growing demand. The project includes a 200,000-square-foot facility with 100 beds and a helipad, opening in fall 2022. This investment will improve access to healthcare and support local economic growth in the Charlotte metropolitan area. Charlotte, North Carolina Atrium Health

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December 3, 2025 No Comments
Employees in a modern office collaborating and celebrating workplace culture at Bank of America
Business News

Bank of America Named a Top ‘Dream Employer’ in Charlotte

Charlotte, North Carolina, December 3, 2025 Bank of America has been named one of the top ‘Dream Employers’ in the United States, ranking No. 16 on Forbes’ prestigious list. This recognition highlights the bank’s commitment to a positive workplace culture and employee benefits. The annual list, created in collaboration with Statista, evaluated over 10,000 college students and 140,000 employees, assessing factors like salary, benefits, and professional growth opportunities. This accolade reinforces

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December 3, 2025 No Comments
Charlotte skyline with signs of economic development
Business News

Charlotte Business Leaders Forecast Strong Economic Growth

Charlotte, North Carolina, December 3, 2025 Business leaders in Charlotte express optimism about the region’s economic outlook, anticipating strong growth driven by significant investments and a favorable business environment. At the Charlotte Regional Business Alliance luncheon, top executives shared insights on a projected 2.4% growth rate for the U.S., bolstered by strategic initiatives, tourism growth, and infrastructure enhancements. The collaborative efforts of local business leaders are positioning Charlotte as a leader

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December 3, 2025 No Comments
Healthcare facility representing Atrium Health's achievements in 2025
Business News

Atrium Health Reaches Financial Milestone

Asheville, North Carolina, December 3, 2025 Atrium Health, a prominent healthcare system in North Carolina, has reported a significant net income of $1.4 billion for 2025. This achievement highlights the organization’s operational efficiency and commitment to enhancing patient care and strategic initiatives. The substantial net income not only strengthens Atrium Health’s financial position but also enables further investments in community health and infrastructure development, thereby contributing positively to the overall healthcare

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December 3, 2025 No Comments

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