Newsroom

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NMB Speakers April 2022

Newsmakers Breakfast April 21 focuses on historic preservation

April 4. The challenges and benefits of historic preservation as well as new approaches to preservation will be the topic of a Newsmakers Breakfast at The Peninsula Club April 21. Speakers include Mecklenburg County forensic historian Michael Jeffcoat, historic preservation advocate Abigail Jennings and historian Dan Morrill. The Q&A over breakfast will focus on the […]

Photo: Macy's Inc.

Macy’s plans $584 million fulfillment center in Rowan

March 31. Macy’s will invest more than $584 million to build its first automated fulfillment center in China Grove, creating 2,800 new jobs in Rowan County. Macy’s operates one of retail’s largest e-commerce businesses integrated with a nationwide footprint of stores and fulfillment centers. The retailer will build a 1.4 million square-foot automated fulfillment center […]

Photo: NASCAR Technical Institute

Demand for EV techs expected to soar

March 31. Millions of cars are going to need auto technicians as the number of electric vehicles skyrockets over the next decade. At the same time, North Carolina is gearing up for literally tens of thousands of electric vehicles that will be produced at a VinFast electric vehicle manufacturing plant in Chatham County. Gov. Roy […]

VinFast manufacturing

Vietnamese automaker will invest $2 billion in NC factory

March 29. VinFast, the Vietnamese automaker with a new line of electric vehicles, will build its first North American automotive assembly and battery manufacturing plant in the Triangle Innovation Point megasite in Chatham County. The $2 billion investment will create 7,500 jobs, but President Joe Biden said the overall investment will be on the order […]

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Status of NC women varies dramatically by county

March 29. The NC Department of Administration’s Council for Women and Youth Involvement released the 2022 Status of Women in North Carolina: Poverty and Opportunity Report. Among the key findings: NC women earn a median income of $36,400 and an average of $8,600 less than men. Produced in partnership with the Institute for Women’s Policy […]

Former Concord City Council member receives top NC honor for public service

March 29. David W. Phillips has received the Order of the Long Leaf Pine, the state’s highest award for public service. The former member of the Concord City Council received the award in recognition of his more than 20 years of service to the citizens of Concord and Cabarrus County. “Any contributions I’ve made over […]

Cinergy Entertainment Group photo

Upscale dine-in cinema opens in North Charlotte

March 28. Cinergy Entertainment Group has opened a luxury dine-in cinema in 47,000 square feet of space in north Charlotte—close enough to other cinemas to give them a run for their money. The Dallas, Tex.-based theater chain taps into the fast-growing family indoor entertainment industry. In addition to upscale cinema amenities, some Cinergy locations feature […]

Premier Sotheby’s reports $10.7 billion in 2021 sales

March 28. Premier Sotheby’s International Realty, with major offices in Cornelius and Charlotte, has been ranked No. 16 on the annual RISMedia Top 1,000 Power Broker Report, moving up three spots from No. 19 in 2021. Additionally, it is ranked No. 18 on the annual REAL Trends 500 survey of the top U.S. residential brokerage […]

Barium Springs

Developer puts Barium Springs on the map

March 25. By Erica Batten. A Lake Norman developer who has transformed more than 120 acres in Sherrills Ford has now set its sights on Barium Springs in what could be the largest planned development in the Lake Norman region. The build-out could be under way much of this decade. In Troutman and Statesville Cornelius-based […]

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‘No Chat’ app works in a flash

ENTREPRENEUR | March 23. Why talk, when you could just flash your phone screen to communicate with a bartender, for example, or a friend at a concert? Indeed, Matthew Hagens’ “No Chat” app lets you send a virtual billboard message like “close my tab” or “can I have another round” in any setting where verbal […]