Business
Diversity happens when you include. Inclusion requires a conscientious effort
By Dave Yochum. Chris Hailey, who ran for Mecklenburg County Sheriff as a Republican in 2010 and 2014, is black, but chairing the Diversity Council has been an eye-opener for him. “When I became chairman of the diversity council, it educated me to the point where I was not as conservative as I used to be. […]
Oerlikon will bring 93 jobs to Huntersville
Feb. 6. Global technology group Oerlikon will invest $62 million in a new plant in The Park in Huntersville. It will create 93 new jobs during the next five years. “We are excited to have another well-established International manufacturing company located in Huntersville. Huntesville’s reputation for being business friendly, having a great quality of life […]
Rising interest rates will have less impact on luxury market
Competition for homes has driven Charlotte area median home prices up from less than $180,000 three years ago to something north of $210,000 depending on where you are. Meanwhile, interest rates are climbing. Pat Riley, CEO of Allen Tate, says mortgage rates could climb another two points in the next couple of years. Thirty-year fixed […]
Ideal Health plans to lease 500 square feet at NCRC
Jan. 30. Ideal Health Biotechnology, which has an antioxidant spray made from grape seed extract available in China, will take 500 square feet of space in the North Carolina Research Campus. Ideal Health, which is a unit of Ideal Shanghai, is leasing office space on the third floor of the David H. Murdock Core Laboratory […]
Iredell County: Ready to work
Jan. 29. Iredell County is now a North Carolina Works Certified Work Ready Community, a collaborative effort between workforce development partners at the local and state level. The program is aimed at leveraging data and analysis tools to continue economic growth. The North Carolina Chamber Foundation serves as the final certifying body to designate a Work Ready Community. […]
2016 net rose 32% at blueharbor
Jan. 27. Mooresville-based blueharbor bank reported net income of $383,632, or $0.13 per diluted share, for the fourth quarter of 2016, compared to $261,213, or $0.09 per diluted share, for the same quarter in 2015. For the year ended Dec. 31, 2016, the bank reported net income of $1,227,567, or $0.41 per diluted share, compared […]
Aquesta full year rises 15.8 percent from 2015
Jn. 23. Aquesta Financial Holdings reports 2016 net income rose 15.8 percent from 2015 earnings. At year-end Aquesta’s total assets were $348.7 million, up 19 percent from $293.1 million at the end of 2015. “I’m very happy to announce continued excellent earnings combined with excellent growth for the final quarter of an outstanding year. Our […]
Managing growth in classic small town can be ‘messy’
By Erica Batten. Is Davidson’s small-town charm at risk? Mayor John Woods projected that Davidson’s current population of roughly 12,000 will double in the next four decades, consistent with the rest of Mecklenburg County “Our greatest challenge is managing the effects of change while protecting our small-town character,” Woods said. The consequence of getting it very […]
The cycle of life: Biking helps drive business
By Dave Friedman. Will Washam grew up in Cornelius, graduated from Appalachian State in 2011, and lives in Mooresville. Bob Nibarger is 68 years old. He lives part of the year in Cornelius and a portion in Sarasota, Fla. The desires and priorities of this classic Millennial and Baby Boomer are strikingly similar. Countless Millennials and […]
Economic outlook Q&A with top economist Jan. 19
It looks like another growth year for North Carolina, according to economists. Economist Michael Walden from NC State University, predicts that North Carolina will continue to beat the nation in economic growth, with our state’s gross domestic product rising about 3.5 percent faster than the rate of national growth. Economist Sarah House will go deeper […]
