by Jason | Dec 17, 2010 | Charlotte Area News and Information
To better manage its Human Resources and Finance Services, BAE Systems, Inc. will create a service center in the Charlotte, North Carolina, area during 2011.
“The consolidation of all of our company-wide processes and services for Human Resources and Finance into one shared services center is essential to improving performance, reducing costs and improving competitiveness,” said Linda Hudson, president and CEO of BAE Systems, Inc.
Hudson said Charlotte was selected after a nationwide search for a location with skilled talent, easy access, suitable facilities and an affordable life-style.
The center is anticipated to be operational in the second half of 2011 and will employ approximately 176 employees.
“We appreciate the leadership of Gov. Bev Perdue and other government officials who have worked diligently with us to make this a reality. This is good news for Charlotte and good news for BAE Systems.” Hudson said.
by Jason | Dec 15, 2010 | Charlotte Area News and Information
The town of Matthews is hosting a “Free Holiday Performance” on Thursday, December 16th, at the Matthews Community Center.
The concert will be by the Matthews Concert Band and include musical commentary by Ken Conrad.
Matthews Concert Band Free Holiday Performance
Thursday, December 16, 2010
7:30-8:45PM
Matthews Community Center
Click Here for more information.
by Jason | Dec 15, 2010 | Charlotte Area News and Information
The Wells Fargo name has now taken the place of Wachovia on three buildings in uptown Charlotte.
One Wachovia Center, Two Wachovia Center, and Three Wachovia Center are now One Wells Fargo Center, Two Wells Fargo Center, and Three Wells Fargo Center.
There was no change made to the Wachovia bank branch located at the corner of North Tryon and Third Street, yet. That building is expected to be renamed sometime next year.
by Jason | Dec 14, 2010 | Charlotte Area News and Information
Bank of America has agreed to a a one-year sponsorship renewal with Charlotte Motor Speedway and Speedway Motorsports Inc.
The deal will give Bank of America title sponsorship of NASCAR’s Sprint Cup race and extends its partnership with the five tracks owned by Speedway Motorsports Inc.
The deal also makes Bank of America the official bank at Charlotte, Atlanta, Fort Worth, Sonoma, and Las Vegas speedways.
by Jason | Dec 8, 2010 | Charlotte Area News and Information
After a 2.9 percent decline in 2009, UNC Charlotte economist John Connaughton has reported an expected growth of 1.4 percent.
After only a small increase in Gross State Product (GSP) in the first half of the year, North Carolina GSP is expected to be stronger in the second half of the year with third and fourth quarter increases over 3 percent.
“The national economy has been able to put together five consecutive quarters of expansion, while the North Carolina economy has struggled to put together three quarters of growth,” Connaughton said. “The state’s economic growth during this time has only been sufficient to stem job losses, but not to generate job growth.
“We have been able to struggle through 2010 without a ‘double dip,’ but the sluggish economic growth during the past year really hasn’t felt much like a recovery,” Connaughton added.
Click here to read the full report.