Newsroom
Huntersville startup one of 24 getting small business grants
May 13. By Dave Yochum. A Huntersville start-up is among two dozen innovative small businesses across North Carolina on deck for grants to develop new products and hire more employees. A total of $1.1 million from the One North Carolina Small Business Program will go to the technology-oriented businesses including Energyxchain LLC which is officially […]
Uwharrie’s annual meeting is May 14
Uwharrie Capital Corp, parent company of Uwharrie Bank and Uwharrie Investment Advisors will hold its Annual Meeting of Shareholders on Tuesday, May 14, at the Stanly County Agri-Civic Center, 26032 Newt Road, in Albemarle. Dinner and fellowship will begin at 4:30 p.m. Shareholders are invited to the business meeting at 6:30 p.m. when items of […]
LKN Festival of the Arts has a national following
The Third Annual Lake Norman Festival of the Arts, a world-class, two-day art fair in Birkdale Village, will bring thousands of visitors to Lake Norman the weekend of May 18-19. More than 100 national and local artists are set to display their works, which includes paintings, fine jewelry and other works of art. The festival […]
Birkdale moves a step closer to a Mulligan
The Huntersville Town Board has approved the zoning changes needed for an ambitious $45 million improvement and expansion plan at the Birkdale Country Club to proceed. The project covers 19.5 acres at the southeast corner of Birkdale Commons Parkway and Sam Furr Road and includes a hotel. The applicant, Romspen Investment Corp., is one of […]
Leading banker announces bid for Cabarrus Commission
Veteran business leader and banker Pat Horton will run for the Cabarrus County Board of Commissioners. The regional president for Uwharrie Bank’s retail banking division is steeped in the Cabarrus community, having been a mainstay at First Charter, which was acquired by Fifth Third in 2008. This is Horton’s first run for elected office. Her […]
Prices are up about 4%, still double inflation rate
With home prices continuing to climb, millennials and even older adults are going further afield for better deals on homes—and mansions. Cheaper prices in the exurbs, where homes are more than 16 miles from central business districts, are motivating buyers to drive till they find what suits their pocketbooks. Relatively low gas prices are helping […]
Sprizzi lands funding from Chinese government
April 30. A single-serve cold beverage maker that will set up operations in Cornelius has landed a $100 million investment from China. Sprizzi Drink-Co. plans to distribute “flavor bullets” from the old Michael Waltrip Raceworld facility on Liverpool. Back in December, the Lake Norman Economic Development Corp. announced that Sprizzi would open a distribution center […]
Allen Tate No. 8 nationwide among independent firms
April 23. Allen Tate Cos., one of the major forces in residential real estate in Lake Norman and Cabarrus, is also one of the largest real estate companies in the nation. It is No. 8 in the U.S. among independent real estate firms, and No. 14 among all firms including franchise operations. The news was […]
Brendan Duffey retiring from Uwharrie in January
April 22. Brendan P. Duffey, chief operating officer of Uwharrie Capital Corp and president & CEO of Uwharrie Bank will retire effective Jan. 2 of next year. Duffey, who joined the company in 2004, were said to be an instrumental member of the senior management team during the depths of the great recession. Roger Dick, […]
Aquesta net soars 52%
April 22. Aquesta Financial Holdings, parent of Aquesta Bank, said first-quarter net rose 52 percent from $702,000 last year to $1.068 million during the three months ended March 31. Core deposits rose 30.9 percent during the same period. “We are off to an excellent start to 2019,” said CEO Jim Engel. Key highlights include loan […]
