Business

This category contains 1701 posts

SouthCorr expands in Asheboro

April 7. SouthCorr, a corrugated packaging material manufacturer, will invest $6.7 million in its plant in Asheboro, creating 22 new jobs.  A performance-based grant of $50,000 from the One North Carolina Fund will help facilitate the expansion, Gov. Roy Cooper said.  “North Carolina leads the southeast in manufacturing. The state’s strong commitment to workforce training guarantees we can provide the […]

Rebranding Cabarrus: Helping recruit workers

St. Louis, Mo.-based Avant Marketing has been hired to help rebrand Cabarrus County. The overall $70,000 project kicks off with a focus group for residents April 11. One of the key goals in the rebranding is assisting with the recruitment of today’s workforce. The core of the branding process is an investment in researching the perceptions […]

IndependentReview

NCDOT didn’t know about consultant’s work with Cintra

April 5. By Dave Vieser. The North Carolina Department of Transportation was unaware that a consulting firm hired to do an “in-depth, outside review” of the $654 million I-77 toll lane contract was part of a Cintra highway construction team in Texas. Back in 2004, Philadelphia-based Mercator Advisors was hired to develop the first phase of […]

Klear Optix eyes growth in Kannapolis

April 4. Klear Optix, a med-tech startup, has leased  500 square feet of lab and office space in the David H. Murdock Core Laboratory Building at the NC Research Campus. Launched two months ago by Concord resident Ramazan Benrashid, Klear is involved in developing “smart” contact lenses. One project for Clear is “scaling up” a material so that […]

NC Trans secretary picks Mercator Advisors to review I-77 contract

March 31. A company that was part of a team led by Cintra Concesiones de Infraestructuras and Zachry Construction Corp.—to develop the first phase of the Trans-Texas Corridor—has been selected to review the I-77 Express Lanes contract. NC Transportation Secretary Jim Trogdon said Mercator Advisors will conduct an in-depth, outside review. Mercator has not been involved in the $650 […]

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Aquesta expanding outside of NC

March 30. Aquesta Bank has hired a market president for Greenville, SC where the Cornelius-based financial company will expand with an office, commercial and retail lenders and a branch. Russ Williams has joined Aquesta Bank as the new SVP Greenville Market President. He has spent almost 32 years in banking and has a record in community bank […]

shark

‘Shark Tank’ coming to CPCC

March 20. If you’re an entrepreneur and you’d like to pitch your business on “Shark Tank,” the CPCC, Small Business Center is where you need to go. CPCC  is offering free workshops to entrepreneurs in the weeks prior to the official April 29 audition with the ABC-TV casting team. Approved pitches will be featured on a future episode […]

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Visit LKN has new video

March 20. Visit Lake Norman, the local convention and visitors bureau, debuted its first destination marketing video recently at the annual awards luncheon at the Peninsula Yacht Club. The video highlights signature attractions, events, lake activities and dining in Cornelius, Davidson and Huntersville. The destination marketing video is part of VLN’s sales and marketing plan. The […]

Unpopular Cintra deal rolls through public opinion, financial close.

NCDOT will launch independent review of I-77 toll contract

March 16. By Dave Yochum. The NC Department of Transportation will hire an outside firm to undertake an “independent comprehensive review” of the 1,345 page contract between the state of North Carolina and Ferrovial-Cintra, the foreign conglomerate that landed the 50-year, $655-million deal to build toll lanes between Charlotte and Mooresville. “The plan is that […]

Catawba College, NCRC partner on new database

March 13. Catawba College Information Systems class is creating a searchable database to help the North Carolina Research Campus  and the scientists at its eight university research centers target their business development efforts to companies in need of nutrition research. The students, all from Catawba’s Ketner School of Business, will spend their spring semester on […]