Business
Earnings increase sharply at Aquesta
Jan. 16 Aquesta Financial Holdings, the parent company of Aquesta Bank, reported record earnings and loan growth for the fourth quarter of 2018 as well as the full year. The Cornelius-based bank reported net income of $942,000 compared to $204,000 during the last quarter of 2017. For the full year 2018, net income was $4.2 […]
DH Griffin will demo old Philip Morris plant
Jan. 16. Greensboro-based D.H. Griffin Cos. will begin demolishing the old Philip Morris plant in Concord within the next 30 days. Now known as The Grounds at Concord, the buildings total some 3.5 million square feet. The 2,000 acre site owned by Bootsmead LeaseCo is being marketed by JLL Carolinas for an undisclosed price. Griffin […]
Clark, Marcus at Newsmakers Breakfast Jan. 24
Lake Norman’s two newest legislators will be the Newsmakers Breakfast speakers Jan. 24 at The Peninsula Club. On deck for the Q&A with Cornelius Today and Business Today readers are NC Rep. Christy Clark and NC Sen. Natasha Marcus. Clark, a Huntersville resident, and Marcus, a Davidson resident, represent Cornelius in the House of Representatives […]
Despite false starts, are autonomous vehicles on the road to acceptance?
It’s 2029 and you’re sound asleep cruising to a mountaintop getaway in your first autonomous vehicle, a Jaguar XJ, which looks futuristic and classic all at the same time, and performs beautifully, thanks to Tata’s brilliant designers and programmers in India where most of the population practices Hinduism. And suddenly there’s a cow in the […]
Tricia Sisson will chair LKN Chamber this year
A name from Cornelius business and local GOP politics will be front and center at the Lake NormanChamber of Commerce in 2019. Tricia Sisson, who ran for Cornelius Town Board in 2017, will officially take over the chamber’s volunteer reins on Friday. The chamber has close to 900 members, about the same as 2017. “Our […]
Kindred scores 100 on new health report
Jan. 9. Kindred restaurant in Davidson scored a 100 on a re-inspection by the Mecklenburg County Health Dept. The eatery came back strong after getting an 88 during an inspection Dec. 26. It was a disappointing “B” in the world of county health ratings, and required a follow-up visit from the health department. The restaurant’s New […]
Market volatility creates ups and downs for financial advisors
“During such scary periods, you should never forget two things: First, widespread fear is your friend as an investor, because it serves up bargain purchases. Second, personal fear is your enemy. It will also be unwarranted. Investors who avoid high and unnecessary costs and simply sit for an extended period with a collection of large, […]
Duke and PNG help fund apprentice program at RCCC
Jan. 2. Duke Energy and Piedmont Natural Gas have given Rowan-Cabarrus Community College $200,000 for hands-on training and career development opportunities in the new Advanced Manufacturing Training Center in Kannapolis. The grant, which funds tuition, book and material costs for each apprentice over the next four years, helps students master required job duties in an […]
Continuum doubles some internet speeds
Mooresville-based Continuum is increasing internet speeds for its residential customers by up to 100 percent, while at the same time keeping monthly service rates level. The new broadband speeds help position Continuum as one of the most competitive providers in the market. The company, which serves Mooresville, Davidson and Cornelius, also introduced “Ultimate Broadband” which […]
Land sale highlights trends in churches, real estate
By Dave Yochum. NC Homes Associates plans to build 110 age-restricted living units on property purchased from a church blessed with abundant property in Cornelius. The development company is paying roughly $1 million for 8.45 acres of land owned by Mt. Zion United Methodist Church. There are 100 condo units, each up to 1,700 square […]
