Business

Red Ventures to buy Bankrate for $1.4B

In its biggest acquisition to date, marketing and technology firm Red Ventures will buy personal finance website Bankrate in a $1.4 billion deal that is slated to close this year. The move follows Red Ventures’ recent decision to buy Choose Energy, a Texas-based online marketplace for electricity and natural gas, for an undisclosed amount. Red […]

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Is red-hot Red Ventures’ big advantage Ric Elias?

Several months back I attended a conference in which Red Ventures CEO Ric Elias was the keynote speaker. Ric Elias It was the first time I’d heard him in person, and his dynamic, TV preacher-quality presenting style was captivating. It’s no wonder, I thought, why Red Ventures has grown from zero in 2000 to 2,700 […]

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Japanese auto-parts firm invests in Scotland County operations

Auto-parts manufacturer FCC North Carolina will invest $826,500 in expanding its Scotland County operations, a move that will create 28 jobs over three years. The company, a division of Japan-based FCC Co., currently has two plants in Scotland County, where it has operated for 16 years. Primary customers include Honda, Ford and Fiat Chrysler.

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Lawmakers fund Kannapolis food-manufacturing center

Kannapolis, a city once marred by the shuttering of textile mills, is set to become a leader of the emerging food manufacturing sector thanks to a $5 million state budget provision and research from the agricultural program at N.C. State University. The Food Processing Innovations Center, slated to open in 2018, will be housed at the N.C. […]

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