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NASCAR Hall of Famer Ray Evernham acquires JRi Shocks
Nov. 15. Motorsports icon and NASCAR Hall of Famer Ray Evernham has acquired Mooresville-based JRi Shocks for an undisclosed amount. Evernham will be involved in all areas of the business, including marketing and sales strategy, new product design and operations. JRI founder, Jeff Ryan, will continue to play a key role in the organization as both […]
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Nov. 15. Motorsports icon and NASCAR Hall of Famer Ray Evernham has acquired Mooresville-based JRi Shocks for an undisclosed amount. Evernham will be involved in all areas of the business, including marketing and sales strategy, new product design and operations. JRI founder, Jeff Ryan, will continue to play a key role in the organization as both […]
Nov. 14. By Dave Vieser. A few days before the Cornelius Town Board is scheduled to vote on rezoning 11 acres between Catawba Avenue and Knox Road for a major retail center, a different developer is proposing another new project just to the east. The new project, referred to as the “20151 West Catawba Avenue […]
Uwharrie Capital Corp, parent of Uwharrie Bank, has declared 2 percent stock dividend to be paid Dec. 14 to shareholders of record Nov. 28. Consolidated total assets rose 10.6 percent from $576 million as of Sept. 30 last year to $637 million as of the end of the third quarter this year. Net income for the […]
By Dave Yochum. Baby Boomers were the cat’s pajamas back in the 70s and 80s, but that generational cohort has been supplanted by Millennials. Everyone wants them, even though not everyone can communicate with them. Charlotte is No. 12 on a list of 50 cities that are attracting millennials and helping them prosper—and take over […]
Aquesta Financial Holdings, the parent company of Aquesta Bank, reports third-quarter net income fell from $757,000 (19 cents per share) last year to $702,000 (17 cents per share) for the three months ended Sept. 30. Jim Engel, CEO, said loan and deposit growth were good, despite the fact that earnings were muted due to larger […]
Nov. 5. Visit Lake Norman, the convention and visitors bureau based in Cornelius, was honored with four awards for achievement in destination marketing at the recent North Carolina Tourism Leadership Conference. VLN received a Gold Award for best Community Relations for the Ambassador and Internship Program that recruits ambassadors and interns to work in the […]
Hot Properties
Exquisite estate on Lake Norman on market for $5.9 millionPicture a perfectly gorgeous 12,000-square-foot lakefront home on two private acres in The Point. The house, at 127 Thurstons Way, was listed at $7.95 million in 2015, and reduced to $7.45 million in […]
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2019 Economic Outlook Nov. 15 at Newsmakers Breakfast
Charles Dougherty, a top economist with Wells […]
