The Charlotte region is witnessing a significant wave of business layoffs and factory closures. Major players such as Medline Industries, Lowe’s, American Airlines and Albemarle Corp. have all announced job cuts, citing reasons such as operational consolidation, market conditions and reorganization efforts. Companies across industries, including healthcare, home improvement, aviation and lithium mining, are struggling with economic pressures and strategic realignments.
Piedmont Lithium and Albemarle Corp. for example, they are adjusting their workforce due to falling lithium prices and reduced demand for electric vehicles. Medline Industries’ Lincolnton distribution center closure is an example of the broader trend of relocating or consolidating operations to optimize business functions. The region’s employment landscape is facing significant shifts, impacting thousands of workers.
The above summary was created using AI tools and edited by journalists from our News department. All stories below were reported, written and edited by McClatchy journalists.
Albemarle promises to conduct “next generation mining” at its lithium plant in Kings Mountain, NC.
The Charlotte-based company and the world’s largest lithium miner recently filed permits to reopen the dormant Kings Mountain lithium mine. | Published November 7, 2024 | Read Catherine Muccigrosso’s full story
Tegra Global is closing its Concord sportswear factory at 244 Manor Ave. SW, resulting in 61 layoffs, according to a Worker Adjustment and Retraining Notification Act report.
One of the reasons for the closure of the Atlanta-based sportswear manufacturer was reduced customer demand. | Published November 7, 2024 | Read Catherine Muccigrosso’s full story
International Paper Co. is closing its Statesville container plant at 930 Meacham Road, resulting in 74 layoffs, according to a Worker Adjustment and Retraining Notification Act (WARN).
The Tennessee company is the latest packaging company to close locations in the area. | Published on October 22, 2024 | Read Catherine Muccigrosso’s full story
A Charlotte-area company that has undergone a merger plans to lay off its 217 employees and close its factory, according to the layoff notice filed with the state of North Carolina.
The almost century-old company underwent a merger two years ago. | Published on September 5, 2024 | Read Catherine Muccigrosso’s full story
Columbus McKinnon is headquartered in the Ballantyne area of Charlotte. The company plans to close a factory on Pioneer Avenue.
“While it was a difficult decision, it was necessary to achieve our customer experience and growth goals,” the company said. | Published on August 1, 2024 | Read Chase Jordan’s full story
Novant Health Presbyterian Medical Center. The hospital system plans to build a new facility in Ballantyne.
More than half of the layoffs are in the Charlotte region. It is the second largest round of layoffs at Novant since 2015. | Published on June 28, 2024 | Read Catherine Muccigrosso’s full story
“Our Charlotte distribution center employs more than 300 people who come to work every day despite the challenges of social distancing and sheltering in place. Our workforce responded resiliently to the rally at this critical time,” said Jesse Greenberg, spokesperson for Medline Industries.
The largest privately held manufacturer and distributor of medical supplies in the U.S. is consolidating its operations in North Carolina. | Published on May 2, 2024 | Read Catherine Muccigrosso’s full story
FILE – The UPS logo appears on the side of a delivery truck in Mount Lebanon, Pennsylvania, September 21, 2021. The Environmental Protection Agency has reached a settlement with the private United Parcel Service to resolve violations of hazardous waste regulations. than 1,100 facilities in 45 states and Puerto Rico, the agency said Wednesday, Oct. 19, 2022. (AP Photo/Gene J. Puskar, File)
The job cuts will take effect in May, when night-time sorting operations at the site will cease. | Published on March 29, 2024 | Read Catherine Muccigrosso’s full story
Piedmont Lithium Limited is applying for permits to open an open-pit lithium mining operation in Gaston County that it says would be the only one of its kind in the United States.
The move is part of layoffs roiling an industry facing falling lithium prices and a decline in demand for electric vehicles. | Published on February 6, 2024 | Read Catherine Muccigrosso’s full story
American Airlines has announced it will lay off employees to provide “increased” service to its customers.
The airline said on Monday it is looking to reorganize and improve its customer service team. | Published on January 31, 2024 | Read Debbie Lord’s full story
Lowe’s corporate office employees will return to the Mooresville campus next year in a hybrid work model.
The Mooresville-based home improvement retailer is one of the largest employers in the Charlotte region. | Published on January 29, 2024 | Read Catherine Muccigrosso’s full story
Many of Charlotte’s highest-paid city employees earn more than $200,000 a year.
The plant produces paper-based folding carton packaging for food and other consumer products, a company official said. | Published on January 17, 2024 | Read Catherine Muccigrosso’s full story
This report was created using AI tools and summarizes past stories reported and written by McClatchy journalists. It has been edited by journalists from our News department.
