Energy Service Provider could
employ 6,000 in Concord
Oct. 28 Alevo Group, the new owner of the old Philip Morris plant in Concord, will employ 2,500 workers at the 3.5 million square foot facility. The business will zap new life into the Cabarrus economy, thanks to the manufacturing of “GridBanks,” which, combined with advanced analytics, can substantially cut electricity waste in existing fossil-fuel generation, while enabling expanded use of wind, solar and other renewable energy sources.
Oct. 23 Concord-based S&D Coffee & Tea has hired Eric Nakata as vice president of product innovation. The graduate of the California School of Culinary Arts has worked in the world of culinary research and development for 15 years.
He's also a classically French-trained chef. Venerable S&D is the nation's largest custom roaster and the largest blender of iced tea for the foodservice industry.
Oct. 27 Gordon Food Service has announced plans to open a distribution center in Kannapolis. The 300,000 square foot facility will be located in the Afton Ridge Business Park off Kannapolis Parkway.
Oct. 27 Community leaders and business professionals will convene at Great Wolf Lodge in Concord Thursday, Nov. 6 from 7:30 to 11:30 am to discuss Healthcare. Local experts will explore topics addressing public health to include reform, access and managing costs, lifestyle/prevention, and the global perspective.
Oct. 23 The consolidation of its three subsidiary banks continues to pay off for Albemarle-based Uwharrie Capital Corp. Net income for the three-months ended Sept. 30, rose 83 percent to $399,000 vs. $218,000 for the same period in 2013.
Oct 20 The Mooresville/Lake Norman Young Leaders of the United Way of Central Carolinas is hosting Rock United, its inaugural fundraiser. The event onSaturday, Oct. 25, will run from 2-6 p.m. at the t the Oak Street Mill in Cornelius. There will be live music, food and craft vendors, beer, wine, games, a silent auction and more.
- Carolina Trust reports sharply higher earnings
- RockTenn plans $8 million investment in Mooresville facility
- ‘Alevo’ spokesman predicts thousands of jobs
- LNTC head says Red Line 'stuck on stop'
- Getting into the lake: Symposium at Davidson College Oct. 21
- Smith Family Baseball purchase The Wilmington Sharks
- Hats off to billionaires
- Crafty bakers, distillers tap into handmade trend
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Business Today Staff
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PO Box 2062
Cornelius, NC 28031-2062.