Park Sterling and Citizens South merge to form larger bank
Park Sterling Bank unveiled new signs marking its merger with Citizens South, creating a $2.2 billion asset regional bank with 44 branches across NC SC and GA. The deal offers cash or Park Sterling stock options to Citizens South investors and signals a shift in scale with retained mission.
MENTIONED IN THIS ARTICLE
Ragan Robinson
the Gazette
Park Sterling Bank
Neal Hawkins
Gastonia
Gaston County
Citizens South
Community Bank
Gaston
Gaston Regional Chamber
Park Sterling
James Cherry
Cherry
North
South Carolina
Georgia
CAFTA Thread Definition Change Aims to Save U.S. Jobs
The CAFTA definition of sewing thread is being tightened to classify a certain single ply synthetic thread as originating in the United States or Central America. The tweak, signed into law by President Obama, aims to recapture market share and save up to 2,000 North Carolina jobs. Officials, manufacturers, and unions stress the move will boost exports, reduce offshore sourcing, and support textile communities. Francisco Sanchez, Kim Glas, and Knox Winger speak to the impact while tours visit Unifi and A&E plants and a Carolina site.
MENTIONED IN THIS ARTICLE
United States
Central America
North Carolina
Knox Winger
American & Efird
Mount Holly
U.S
Dominican Republic
Costa Rica
el Salvador
Guatemala
Honduras
Nicaragua
Barrack Obama
Winger
Francisco Sanchez
Commerce
International Trade
Kim Glas
Sanchez
Glas
Carolinas
Yadkinville
Unifi
A&e
South Carolina
International Trade Administration
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