Axios Charlotte

December 15, 2024
🎁 Good morning, Charlotte! It's Katie, and I can't believe Christmas is only 10 days away.
🌧️ Weather: 50 with sprinkles.
🎂 Happy birthday to our Axios Charlotte member Scott Hensley!
Today's newsletter is 481 words, a 2-minute read.
1 big thing: 💰 Charlotte's biggest corporations
The 10 biggest companies headquartered in the Charlotte region — the largest publicly traded local ones by revenue — range from banks to manufacturers.
Why it matters: Local corporations are major employers that play an outsized role in how Charlotte functions — including how it grows and how some charitable causes are funded.
The following are some of the largest companies headquartered in the Charlotte region, as well as their 2023 revenue and total employee count, according to Fortune.
- Local employee headcounts come directly from company spokespeople. If the entries do not include a local employee headcount, it means a company representative did not respond by the deadline.
- The Charlotte region is also home to many privately held corporations with significant revenue, including Red Ventures and Hendrick Automotive Group. Those companies don't report their financials, however.
Bank of America: $171.9 billion
- The Charlotte bank employs nearly 213,000 people globally, including about 19,000 locally, per the Observer.
Lowe's $86.4 billion
- The home improvement retailer employs 226,000 total, including at its Mooresville headquarters and its South End tech hub.
Honeywell: $36.7 billion
- The conglomerate — which makes everything from jet engines to home thermostats — relocated its headquarters from New Jersey to Charlotte in 2019. It has about 95,000 employees.
Nucor: $34.7 billion
- The Charlotte steelmaker employs 22,000, with about 200 in its Charlotte corporate offices in SouthPark.
💼 Fresh openings from our Job Board
If you're on the hunt for a new job, here are 12 to get you started.
- Registered Nurse, RN - Cardiac Telemetry at Rowan Medical Center at Novant Health.
- Director of Data Management at Discovery Place.
- Director of Community Relations & Civic Engagement at The Mint Museum.
- Registered Nurse, RN - Neuro Intermediate at Presbyterian Medical Center at Novant Health.
- RN – Medical Telemetry at RL Enterprise Recruiting & Staffing.
- Registered Nurse, RN - Critical Care at Rowan Medical Center at Novant Health.
- Certified Registered Nurse Anesthetist, CRNA at Presbyterian Medical Center at Novant Health.
- Marketing Communications Manager at Sullenberger Aviation Museum.
- Office Operations Coordinator at Little.
- Senior Electrical Engineer/Project Manager at Little.
- Director of Finance at Myers Park United Methodist Church.
- Social Media Director at JULIE'S Boutique.
Want more opportunities? Check out all openings on our Job Board.
Hiring?Post a job.
2. ⚡️ Biz lightning round
Charlotte-based Abacus Capital, working with Charlotte developer CapRock and Florida investment firm S2K Management, has begun the first phase of a seven-story development near NoDa that'll include 350 apartments and retail. (CBJ 🔒)
Duke Health has signed an asset purchase agreement to buy the 123-bed Lake Norman Regional Medical Center in Mooresville. This would be the Durham system's foray into the competitive Charlotte hospital market. (BusinessNC)
AvidXchange, the Charlotte fintech company, missed its job-creation target as part of its 2018 incentives deal with the state, meaning it didn't receive an annual payment. The deal required AvidXchange to create a minimum of 775 jobs by 2023; the company created only 169. (CBJ🔒)
Plaza Midwood's 15 participating bars and restaurants have sold $25,000 in reusable cups since the neighborhood's social district launched in March. (Charlotte Ledger 🔒)
🔥 Hot Job
Registered Nurse, RN - Cardiac Telemetry at Rowan Medical Center at Novant Health.
- Company overview: An integrated network of hospitals, physician clinics, outpatient facilities and more. All are united by a shared cause to create a healthier future and bring remarkable experiences to life.
- In this role: Establish an authentic personalized relationship with the patient collaborating with physicians and other team members to assess and plan an individualized plan of care.
- Must-have: Graduate of an accredited school of nursing required.
Interested? Apply here.
3. Stat du jour: 600,000
An estimated 600,000 visitors pass through McAdenville — AKA Christmas Town USA in Gaston County — every holiday season to admire light displays adorning about 100 homes, according to Travel + Leisure.
- It's an especially impressive stat, given that McAdenville's population is under 1,000, census figures show.
If you go: The annual holiday light display is up nightly from 5:30-10pm through Dec. 26. Use 212 Wesleyan Dr. for the GPS. Go on a weekday for less traffic.
15 other holiday light displays to check out around Charlotte this season
⏰ Time is running out to get your packages shipped to loved ones if you want them to arrive before the holidays. NPR has a helpful rundown of shipping deadlines to reference.
Thanks to Laura Barrero for editing this newsletter.
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