Oct. 22 Aquesta Financial Holdings says third-quarter operating income was $462,000 compared to year ago net income of $409,000 during the same year-ago quarter. Press release from Aquesta
Oct. 14 RockTenn plans to invest $8 million in new machinery and equipment into their facility on Mooresville Boulevard in the Mooresville Business Park. This investment aims to increase productivity and efficiencies at this location, according to the Mooresville South Iredell Economic Development Corp.
Oct. 22 Jeff Mittelstadt, director of sustainability at Davidson College and founder of WildSides, is the guest speaker at Green Drinks Lake Norman Thursday Oct. 30 at Summit Coffee in Davidson.
Oct. 14 Alevo Battery Technology will bring “as many jobs” to the old Philip Morris plant as the tobacco company had back before it closed down the 2,100 acre industrial site in Concord. A spokesman says the company will be making energy storage units for utility grids.
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. Admission is $5. Children under 12 are free. All proceeds go toward the 2014 United Way Campaign. Tickets may be purchased at the event or online at Eventbrite: www.eventbrite.com/e/rock-united-tickets-13354637079.
By Dave Vieser
Oct. 13 Any hope that a commuter rail line between the Lake Norman area and Charlotte will be built on existing Norfolk Southern rail freight right-of-way is dead. Lake Norman Regional Transportation Commission Executive Director Bill Thunberg made that very clear during the commissions' meeting.
Oct. 20 Carolina Trust Bank says net income available to common shareholders was $678,000 for the third quarter, up dramatically from $200,000 for the same quarter a year ago. Results reflect an increase of 239 percent compared to the same year-ago quarter. The results compare favorably to the $610,000 the Lincolnton-based bank earned in the June 30 quarter.
Oct. 13 Charlotte Teachers Institute (CTI) will discuss Lake Norman’s past, present and future in a program titled “Exploding Canons: Under The Lake” on Oct. 21 from 5:30 p.m. to 8 p.m. at Davidson College’s Lilly Family Gallery.
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