Newsroom
EnergyUnited CEO will retire after long career
Feb. 28. Wayne Wilkins, chief executive officer of EnergyUnited, has announced his retirement after serving over 50 years in the energy industry. In addition to serving as chief executive officer of EnergyUnited for the past 15 years, Wilkins also notably served as chief executive officer of Davidson EMC for 16 years, prior to the cooperative’s […]
US Rep. Adams hosting virtual Black History Month small business forum
Feb. 25. US Rep. Alma Adams (NC-12) will host a Virtual Black History Month Small Business Forum on Zoom. The Small Business Administration, The Institute, The Women’s Business Center of Charlotte, and Small Business Owners will share information, resources, and insight regarding entrepreneurship. Potential entrepreneurs and small business owners are encouraged to ask questions when […]
Downtown Concord makes HGTV ‘most charming’ list
Feb. 23. Downtown Concord made HGTV’s list of the “30 Most Charming Small-Town Downtowns” in the United States. The popular home improvement and real estate TV network looked for small-town downtowns with charm, history and nostalgia. Concord was the only city in North Carolina to make the list. Other downtowns Coming in first was Athens, […]
By the numbers: Mecklenburg home prices
Feb. 21. From 2010 to 2020, there was a 92 percent increase—from $166,600 to $318,000—in the median single-family home sales price in Mecklenburg County, making it harder for lower income and first-time homebuyers to purchase in the market as well as employers to recruit into the market. This comes from the Mecklenburg County Pulse Report […]
Ingersoll Rand plans to move from Davidson campus; Trane will stay
Feb. 18. By Dave Yochum. Ingersoll Rand is looking to move its international headquarters from Davidson to another location within the Charlotte region, most likely along I-77 north of Charlotte. A Davidson official confirmed that the corporate giant—the largest public company headquartered in North Mecklenburg—is searching for a new home after more than a quarter-century […]
High seas: A challenge for the coast, no so much the Inland Sea
Feb. 18. By Dave Yochum. The United States is expected to experience as much sea level rise in the next 30 years as it has in the past 100 years, meaning coastal flooding in the Carolinas will be a more frequent event. The Sea Level Rise Technical Report from the National Oceanic and Atmospheric Administration […]
BestCo expansion in Mooresville means 394 new jobs
Feb. 17. BestCo will invest $177 million to increase production capacity at its plant in Mooresville creating 394 jobs. The manufacturer of over-the-counter pharmaceutical, vitamin, and supplement products. The payroll impact is expected to be more than $20.1 million a year. The project is estimated to grow the state’s economy by $2.8 billion. Economic incentives […]
NC, CLT region economies in a better spot than a year ago
Feb. 17. Nationwide, the US Census Bureau is reporting January retail sales increased by 3.8 percent in January over December. The increase, even after accounting for inflation, reflected a strengthening economy even as Omicron was peaking in many parts of the country. Compared to this time last year, sales at grocery stores, restaurants and clothing […]
New VP for small business development at LKN Chamber
Laura Rizzetta, the former branch manager of United Community Bank in Cornelius, formerly Aquesta, is the new vice president for Small Business Development & Investor Relations at the Lake Norman Chamber of Commerce. She has served for 27 years in retail banking in both North and South Carolina. As a member of the chamber in […]
Heads Up! It’s burn-out time
BUSINESS ADVICE | By Cheryl Kane Feb. Reading headlines about the mass resignations from the workplace in 2021, I was reminded of the scene in “Network” where angry people went to their windows and in unison yelled, “I’m mad as hell and I’m not going to take it anymore!” I anticipate we’ll continue to see […]
