Business

This category contains 957 posts

US Chamber ‘welcomes’ Biden economic rescue plan

Jan. 15. Officials at the US Chamber of Commerce are welcoming President-elect Biden’s $1.9 trillion American Rescue Plan which includes a $1,400 payment per person, raising the minimum wage and a national vaccination program that includes safely opening schools. “We applaud the President-elect’s focus on vaccinations and on economic sectors and families that continue to […]

Rendering for the proposed LKN Chyrsler Dodge Jeep Showroom

LKN Chrysler plans major expansion on Chartown

Jan. 14. Lake Norman Chrysler Dodge Jeep has filed an application to build a new showroom—complete with an off-road test drive area—on 30 acres on Chartown Road along I-77. The Cornelius-based auto dealership will invest more than $17 million in the project, according to owner Jack Salzman. Ground-breaking is tentatively scheduled for March or April […]

Renderings courtesy of Web Fair Virtual

Virtual trade show focuses on supply chain

Jan. 13. Economic development organizations from 16 Charlotte-area counties will present a business expo designed to build business connections among Charlotte region manufacturers and strengthen regional supply chains. “Of the many changes and impacts experienced this past year, there have been many instances in our Lake Norman region where local manufacturers have experienced significant supply […]

Continuum digital conversion starts week of Jan. 25

Jan. 12. By Dave Vieser. Technical issues have delayed Continuum’s conversion to an all digital cable system by about two weeks. The change is now scheduled to start the week of Jan. 25, instead of this week. Continuum is the former Mi-Connection, which serves Cornelius, as well as Mooresville, Davidson and Huntersville. Spokeswoman Cheryl McCollum […]

Jake Palillo

Developreneur Jake Palillo speaks his mind

Jan. 8. By Dave Yochum. This entrepreneur was chauffeured to work at the company he owned because he was too young to drive. Jake Palillo was 15 when he quit high school and opened Arbor Valley Landscaping in Niagara Falls, NY. He moved out of his parents’ house at 16. “School wasn’t my thing,” he […]

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Zoom fatigue? It’s a good time to say ‘Thank you’

Jan. 7. By Cheryl Kane. It is always a good time to express gratitude. There is no best date! This year our December end-of-year celebration and reflection time is in unique and unchartered territory. Normally we would incorporate delivery of thank you gifts to customers and employees into our daily workload. Today is not like […]

Proposed CD site-13

Michael Jordan, Denny Hamlin plan No. 23 race team complex in Huntersville

Jan. 6. By Dave Yochum. NBA legend Michael Jordan and three-time Daytona 500 winner Denny Hamlin plan to build the 23XI Racing headquarters on a 37 acre tract on Hwy. 21 at Hambright Road in Huntersville. The mixed-use project will include commercial space, 300 apartments, a hotel and flex space. Driver Bubba Wallace and the […]

National group buys physical therapy practices in Cabarrus, Denver

Jan. 6. CORA Health Services Inc., doing business as CORA Physical Therapy, a top-10 national operator of outpatient physical therapy services, announced today that it has broadened its coverage in North Carolina with the acquisition of Volk Physical Therapy & Sports Medicine and Advanced Physical Therapy Center. Volk PT was founded in 2006 and operates […]

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The end: An entrepreneur’s guide on how to get there

Over the past year, CPA Jay Lesemann has written about what it takes to own your own business. He reviewed what it takes to go from an idea for a business to formalizing and legalizing your business to the administration of your business. There is one part left: The end. Dec. 28. By Jay Lesemann. […]

ICG expansion means 500 new jobs for CLT

Dec. 22. Intercontinental Capital Group, a direct mortgage lender specializing in single-family residential properties, will expand its Charlotte operations, adding 500 jobs over the next five years.  Plans call for a capital investment of $5.8 million. The company was attracted to Charlotte’s “fin-tech” economic cluster. “For the experience of home financing to truly be delightful, […]

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