Kevin Ellis

Charlotte

Managing Editor at Business North Carolina

Managing Editor at Business North Carolina and passionate about news. Followers and links are not endorsements.

Articles

Gaston County's Jesse Cole is going (Savannah) bananas

3 weeks ago | businessnc.com | Kevin Ellis

Around 150,000 people will pack Bank of America Stadium on Friday and Saturday night to watch the Savannah Bananas. Thousands of others just couldn’t find or afford tickets — which are going for hundreds of dollars on resale sites. At the center of it all will be Gaston County resident and team owner Jesse Cole. He’ll be the tall, skinny guy in the yellow tuxedo, complete with top hat.
BSH invests $11 million, adding 199 jobs in New Bern

3 weeks ago | businessnc.com | Kevin Ellis

BSH Home Appliances will invest more than $11 million to expand its New Bern facility, adding 199 jobs in Craven County. BSH, the home appliance division of the Munich-based Bosch Group, with its North American headquarters in California, has been in New Bern since 1997. The company manufactures appliances offered under the Bosch, Thermador and Gaggenau brands.
Alpek closing plastic facility in Fayetteville

3 weeks ago | businessnc.com | Kevin Ellis

Alpek Polyester will shut down its plastic resin operations in Fayetteville at the end of July, resulting in the loss of 180 jobs, according to a Worker Adjustment and Retraining Notification (WARN) filed with the state. Alpek Polyester acquired the site in 2001 and says the decision was made in an effort to reduce costs.
North Carolina's Best Employers 2025

3 weeks ago | businessnc.com | Kevin Ellis

BEST OF THE BESTTraditional company benefits like healthcare insurance and paid time off seem almost a given in today’s workplace. To recruit and retain employees, companies are offering perks that include remote work, regular opportunities for bonuses and a few are sharing profits and have plans in place for employees to take part in ownership. But it’s not just money or time off.
Next Tech Awards 2025: Recognizing exceptional performers and rising stars

3 weeks ago | businessnc.com | Kevin Ellis

Business North Carolina collaborated with NC TECH to create the Next Tech Award to recognize the Tar Heel state’s rising stars working at the state’s tech and tech-enabled companies. The award is meant to spotlight those individuals who often work in the trenches of an organization to push projects and objectives forward.
Turkish company to make $82 million investment in Goldsboro, create 216 jobs

1 month ago | businessnc.com | Kevin Ellis

A company based in Istanbul, Turkey, will make an $82.6 million investment to create its first U.S. production facility in Wayne County, which is expected to create 216 jobs. Pelsan Tekstil A.S., a global leader in breathable film technologies for the hygiene and medical sectors, was established in 2006 and is a subsidiary to the Hassan Group, which has more than 80 years of experience in nonwoven and polymer film technologies.
Daimler Truck Financial Services bringing 276 high-paying jobs to Charlotte

1 month ago | businessnc.com | Kevin Ellis

Daimler Truck Financial Services, which provides financing, leasing and insurance options for Daimler Truck North America’s commercial vehicles, will invest $7.8 million to locate its headquarters in Charlotte, a move that’s expected to create 276 jobs. Salaries for the new positions will average $133,940, exceeding the Mecklenburg County average of $86,830, according to a release from the state. Daimler Trucks produces Freightliner trucks, Western Star trucks and Thomas Built Buses.
Canadian company to invest $56 million, create at least 122 jobs in Charlotte

1 month ago | businessnc.com | Kevin Ellis

An Ontario-based manufacturer of enclosures for industrial power generators will invest $56 million to establish a new production facility in Mecklenburg County that’s expected to create up to 325 jobs. AVL USA is a new company established by AVL Manufacturing in Canada. It specializes in the manufacture of custom industrial enclosures for large-format standby power generators.
Advance Auto shares soar 57% on reaffirmed full-year guidance

1 month ago | businessnc.com | Kevin Ellis

The stock of Advance Auto Parts jumped by more than half after the Raleigh-based retailer reaffirmed its full-year guidance, signaling it’s navigating higher costs and consumer caution due to tariffs. Advance, the operator of almost 4,300 stores, projected adjusted EPS of $1.50 to $2 in 2025. It estimated sales ranging from $8.4 billion to $8.6 billion, according to a statement.
RTI International announces third round of job cuts; employee assistance program

1 month ago | businessnc.com | Kevin Ellis

Durham-based RTI International announced a third round of job reductions as the nonprofit research institute says it has reduced its workforce by about 35% this year after cuts in federal funding under the Trump administration. The new round of layoffs will involve 170 U.S.-based staff members, including 76 in North Carolina. In March, RTI announced 340 job cuts, including 177 in North Carolina, which followed 226 layoffs, including 61 in North Carolina, in February.

Journalists covering the same region

David Raynor

Database Editor at The News & Observer

David Raynor primarily covers news in the Piedmont region of North Carolina, United States, including areas around Greensboro and Charlotte.

Justin Quesinberry

Anchor at Spectrum News Triad

Anchor at Spectrum News Coastal NC

Anchor at Spectrum News Central NC

Justin Quesinberry primarily covers news in the western region of North Carolina, United States, including areas around Asheville and surrounding counties.