Newsroom
Mooresville outfit adopts ESOP to help spur growth
AMS Retail Solutions says a new ESOP and a new contract with Samsung Home Appliances will help the Mooesville company to double its size to 1,000 employees. In the past nine months, AMS has acquired its largest customer by “having the industry’s best workforce and capabilities,” said AMS chairman and chief operating officer Bruce Ballard. […]
Sale of Continuum may fetch $80 million
Aug. 12. By Dave Yochum. It looks like Continuum, the new name of MI-Connection, could fetch $80 million in a proposed sale that will be outlined at the Davidson Town Board meeting Tuesday night. That’s what the towns of Davidson and Mooresville paid to take over a piece of the old, scandal-plagued Adelphia system back […]
High-end real estate firm establishes beachhead in Mooresville
Aug. 8. HM Properties has acquired Anchor Real Estate in Mooresville, adding a third office to the SouthPark-based firm, according to Valerie Mitchener, owner and broker-in-charge. Josh Tucker, former owner of Anchor, will stay on as broker in charge of HM’s Lake Norman office. HM has an established niche in the high-end market on Charlotte’s […]
JPMorgan Chase expanding into NC
Aug. 7. Cornelius and Chapel Hill are part of JPMorgan Chase Bank’s rollout in North Carolina. The big bank—one of the largest in the world—plans a branch on prime corner property at Jetton and West Catawba, just outside The Peninsula. While it could be many months before ground-breaking in Cornelius, JPMorgan Chase plans up to […]
Cornelius estate will be on ‘Selling Mega Mansions’
Aug. 7. By Dave Yochum. Hollywood comes to Cornelius on Friday when a TV production team from “Selling Mega Mansions” films an estate at 21123 Torrence Chapel Road. The pricetag: $4.25 million. Pam Boileau, a Cornelius resident herself, has the listing for the 8,250-square-foot home. The 8,250 square foot mansion sits on five acres, […]
Opioid crisis has major implications for business
Aug. 7. By Dave Vieser. The opioid epidemic continues to loom large in North Carolina business and industry, although dispensing here has decreased by 24% since 2017. Fifteen states have passed laws limiting opioid prescribing for acute pain to a 7-day supply. Arizona, North Carolina, and New Jersey limit initial prescribing to 5 days. Prescriptions […]
Dave Phillips will fill Concord Council position held by the late Sam Leder
Concord City Council has appointed David W. Phillips to fill the District 1 Council seat held by the late Sam Leder. He will fill the seat until Leder’s term ends in December. Phillips was District 1 council member from 1995-2015. The City Council honored him in 2018 by naming and opening the David W. Phillips […]
Cybersecurity: Demand for talent keeps growing
Cabarrus County officials last week released details of a “social engineering” scam that diverted a $2.5 million from their payment systems to an unknown fraudster. The County intended to send the money to a general contractor from Virginia. The case highlights the need for cybersecurity measures—and experts. Indeed, cybersecurity is one of the fastest-growing employment […]
Meredyth Holdenrid joins G Brokerage
Meredyth Holdenrid has joined G Brokerage in Cornelius. She has more than 17 years of real estate experience, beginning in new home construction and ultimately working in every aspect of the business representing buyers, sellers and investors. She has a bachelor’s degree in public relations from UNC-Charlotte.
Michael Bonoffski lands CDME designation
Michael Bonoffski, senior vice president of marketing & communications at the Cabarrus County Convention and Visitors Bureau, has received the Certified Destination Management Executive (CDME) designation. Bonoffski, who joined the Cabarrus CVB in 2009, leads the organization’s marketing team which has won numerous awards over the years. The CDME designation is the tourism industry’s highest individual […]
