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Australia mines more lithium than any other country, but most of that lithium is refined in China. Countries such as Australia and the U.S. are looking to refine more lithium at home, and North Carolina is well-positioned to benefit.
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LendingTree CEO Doug Lebda died Sunday in an ATV accident. The Charlotte-based company announced his death Monday morning. Lebda founded LendingTree in 1996, and it has since grown into one of Charlotte’s most prominent homegrown financial companies. Scott Peyree, who has been LendingTree’s president and chief operating officer, was appointed CEO effective immediately.
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A company codenamed Project McKinley is seeking the incentives for a projected investment of $77 million by the end of 2027.
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About $35 million in state funding has already been funneled to the planned shopping, dining and housing development.
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Randolph Community College is investing some $60 million into its new Liberty campus, and it will bolster current facilities in Archdale and downtown Asheboro.
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The N.C. Utilities Commission directed Duke to work with wind energy developers to see if committing to a wind farm by the mid-2030s is cost effective.
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HanesBrands is being bought by Canadian apparel company Gildan. Winston-Salem leaders say the sale doesn’t mean the company is leaving town.
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Gildan Activewear is buying the struggling HanesBrands for $2.2 billion in a deal that gives the basic apparel maker access to household name brands like Hanes and Maidenform.
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The latest Mountain BizWorks survey provides a snapshot of recovery among more than 700 small businesses in the region.
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Last year, the foundation distributed more than $200,000 toward tuition for children in Watauga’s licensed early childhood centers in the wake of Helene.
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The Mason Jar Group says the bar will create 22 full-time positions within two years.
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Employees began receiving 60-day notices incrementally in April, according to a WARN notice filed with the state.