Business

This category contains 967 posts
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DEQ extends testing of private wells near Colonial Pipeline spill

Feb. 25. The NC Dept. of Environmental Quality (DEQ) has found several deficiencies in the Comprehensive Site Assessment (CSA), submitted by Colonial Pipeline on Jan. 20. DEQ issued a Notice of Continuing Violation detailing the necessary actions to continue the clean-up in earnest. “After a recent tour of the pipeline leak site with representatives from […]

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Define expected workplace behaviors

Feb. 18. By Cheryl Kane. We live in a nation of free speech and have cultural pride in individuality. But what happens when employees’ clothes, office decor, actions, or conversations step over a potentially invisible but evident line? What is inappropriate? As managers and sales professionals there are interpersonal situations that temporarily test us; we […]

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Huntersville project expected to jump-start downtown revitalization

Feb. 18. A mixed-use project with retail, high-end apartments and modern townhomes that will be built by Cornelius-based North State Development will be the largest private development/investment in downtown in a quarter century, according to Mayor John Aneralla. The 10-acre site is next to Discovery Place Kids. The full build-out value of the project is […]

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Businesses, high school students network via Zoom

Feb. 13. Lake Norman Economic Development in conjunction with the Lake Norman Education Collaborative held a virtual speed networking event for Hopewell, Hough and North Mecklenburg high schools. The event gives high school students a chance to learn about a variety of jobs and industries, according to Huntersville Mayor Pro-Tem Melinda Bales. “Being that this […]

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Elon poll: Nearly 2/3 believe legalizing marijuana would help NC economy

Feb. 11. A new Elon University poll says nearly two-thirds of North Carolina residents support reducing penalties for marijuana possession and believe it would help the state’s economy. Eighteen percent of those polled said they are opposed to legalizing medical marijuana, while 64 percent of residents believe marijuana legalization would help the state’s economy. According […]

Major eco-devo announcement from Gilead

Feb. 9. Gilead Sciences, a leading biopharmaceutical company, will invest $5 million in a new business services and information technology hub in Wake County. The company will create 275 jobs in the Research Triangle region. “We are eager to welcome many of the highly talented, highly skilled people who live in the Research Triangle region […]

Erika Erlenbach

Interview: Erika Erlenbach will chair LKN Chamber in 2021

Feb. 5. Erika Erlenbach, a familiar name in Lake Norman business and legal affairs, is the new volunteer chair of the Lake Norman Chamber of Commerce. The 43-year-old partner at Ascension Law in Charlotte is honored. “We have a dynamic board, committed staff, fantastic volunteers and a wonderful membership,” she said. Hard work She’s more […]

Budge Huskey is CEO of Premier Sothebys International

Premier Sotheby’s International reports total sales hit $7.1 billion last year

Jan. 26. Premier Sotheby’s International Realty, which has an office in Cornelius, surpassed $7 billion in total company sales volume for 2020, a 37 percent increase from 2019. The brokerage 25 percent more transactions, with an average sales price of $795,000. Budge Huskey, CEO of Premier Sotheby’s International, said the company remained focused on safety […]

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Allen Tate: Closed volume topped $6 billion last year

Jan. 22. Allen Tate Cos. says its closed volume last year was $6.15 billion, a record for the 64-year-old Charlotte-based real estate company. They reported 19,949 closed transaction sides in 2020 and listed 9,589 homes for sale. “In the face of a global pandemic, we pivoted. We had clients who needed to buy and sell […]

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Aquesta full year 2020 rose 21% vs. 2019; 4th quarter up 72%

Jan. 21. Fourth quarter 2020 net rose 72 percent at Cornelius-based Aquesta Financial compared to the fourth quarter of 2019. For the full year ended Dec. 31, 2020 net income rose 21 percent to $5.3 million (96 cents per share) compared to the $4.4 million (82 cents per share) during 2019. CEO Jim Engel said […]

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