Newsroom
TDS donates $5,000 to FeedNC
Dec. 8. TDS Telecom has donated $5,000 to FeedNC to help those in need find access to healthy food, education and resources in Iredell and Mecklenburg counties. Based in Mooresville, FeedNC serves more than 4,000 individuals and offers resources that are uniquely designed and customized to help those with food insecurities. “FeedNC provides so many […]
Angie Vincent-Hamacher new chair of Charlotte-Mecklenburg Hospital Authority
Dec. 8. Angelique “Angie” Vincent-Hamacher is the new chair of Charlotte-Mecklenburg Hospital Authority, doing business as Atrium Health. She is the first woman and person of color to hold the position. Vincent-Hamacher succeeds Edward J. Brown III who remains on the CMHA board, as well as chair of the Atrium Health Inc. board. Background Vincent-Hamacher […]
Toyota to build $1.3B battery plant in NC
Dec. 7. Toyota’s new North American battery manufacturing plant will create at least 1,750 jobs and contribute more than $9.5 billion to the North Carolina economy over the next 20 years. “The future of mobility is electrification and the Greensboro-Randolph Megasite is the ideal location to make that future a reality,” said Ted Ogawa, CEO […]
Arrival will add new plant, 150 jobs in Charlotte
Dec. 6. Arrival, a British-based global electric vehicle company, will establish a high voltage battery module assembly plant in Charlotte, adding 150 new jobs and investing $11.5 million in its new facility off Yorkmont Road. The British company manufactures electric buses and vans, employing more than 1,200 people around the world. Since 2020, Arrival has […]
Furniture company adding 90 new jobs in Conover
Dec. 3. Sherrill Furniture, a high-end furniture manufacturer, will create 90 new jobs in Conover with a $2.9 million custom upholstery production facility. Founded in Catawba County in 1945, Sherrill Furniture is adding a fifth production facility and 140,000 square feet to its roster of upholstery and woodworking plants. “Backlogs within the furniture industry are at […]
Allen Tate CEO’s real estate outlook for 2022
Dec. 1. By Dave Yochum. The pandemic helped spur one of the tightest housing markets in US history, with prices nationwide climbing at mind-boggling levels. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 19.5 percent annual gain in September, down from 19.8 percent in the […]
Lakefront mansion transacts at $7 million
Nov. 29. A one-of-a-kind Mediterranean style villa on Jetton Road has sold for $7 million in a private transaction. The home has spectacular views of Lake Norman, five bedrooms and 6.5 baths in more than 12,000 square feet of space. It also has a barrel tile roof, an elevator, and two master suites, not to […]
Peoples Bancorp declares cash dividend
Nov. 23. Peoples Bancorp of North Carolina has declared a fourth quarter dividend of $0.17 per share payable Dec. 15 to shareholders of record on Dec. 3. Peoples Bank has 17 branches. Common stock is publicly traded and is quoted on the Nasdaq Global Market under the symbol PEBK.
Starting today: New flights to Melbourne, Fla. from Concord
Nov. 18. If you’re a fan of beaches, fishing, golf and snorkeling, check out Allegiant’s new daily nonstop flights to Melbourne, Fla. from Concord-Padgett Regional Airport. Twice-weekly service begins today and the company is offering promotional one-way fares as low as $33. Flight days, times and the lowest fares are on Allegiant.com. Seats and dates […]
Another round of COVID bonuses coming for Fifth Third employees
Nov. 18. Fifth Third Bank, which has a substantial footing locally thanks to the First Charter acquisition in 2007, will make a special payment of $1,250 to full-time employees who have provided essential banking services during the pandemic. “Our employees have gone above and beyond to ensure that we continue to meet the financial needs […]
