Business
Construction is booming at local colleges, universities
By Katie Piccirillo Sherman. UNC Charlotte has launched a $200 million capital campaign, the largest in its history. The “Exponential” campaign will fund new buildings and renovate existing structures. Colleges coast to coast are breaking ground on state-of-the-art facilities. Vicki Saville, Central Piedmont Community College’s associate vice president for construction, says CPCC enrollment has grown 37 […]
Cabarrus College of Health Science on President’s Honor Roll
Oct. 30. The Cabarrus College of Health Sciences has made the President’s Higher Education Community Service Honor Roll which recognizes institutions of higher education that support exemplary community service programs. In 2015, 454 Cabarrus College students participated in community service activities for a combined total of 6,914 hours. The community service locations included Hospice and […]
Aquesta net rose 25 percent in third quarter
Oct. 25. Third-quarter net income at Aquesta Financial Holdings rose 25 percent to $635,000 compared to the third quarter last year. The parent company of Aquesta Bank says assets climbed 24 percent so far this year to $346.5 million. “I’m very happy to announce continued excellent earnings combined with excellent loan growth. Our strategy of […]
Golf is on the upswing with new investments
By Dave Yochum. Millennials aren’t golfing like their parents and grandparents, but they’re a force smart golf course operators are reckoning with. Besides buying homes in golf communities, millennials constitute a market that can only grow in terms of club membership, daily play and equipment. Millennial golfers 6.4 million millennial golfers 26% of all golfers 90 […]
Dole planting 19 employees in 6,800 square feet in NCRC
Oct. 21. Dole Food Co wants to move its East Coast Fresh Fruit Sales Division to the North Carolina Research Campus in Kannapolis. City Council will consider offering Dole an incentive grant at the Monday council meeting. The sales division has 19 employees in administration, sales, marketing, nutrition and food safety. Annual salaries range from […]
With more experience under his belt, Rogerson is back in Iredell
By Dave Yochum. For Russ Rogerson heading up Iredell County’s economic development efforts is a homecoming. He was the head of the Mooresville South Iredell Economic Development Corp. from 2008 to 2011. Between then and now he was a recruiter at the Charlotte Regional Partnership, and then went on to lead the Fayetteville Cumberland County Economic […]
Harrisburg is a boom town for homebuilders large and small
By Marty Price. Nationally, new home sales have risen to the highest levels since 2007, but they’re still below the peak level of 1.39 million units in July 2005. July was the first month that the rate exceeded 600,000 since early 2008. Before the recession, the last full year below that mark was in 1991. “Home […]
blueharbor reports 3Q net
Mooresville-based blueharbor bank reported net income of $281,076, or $0.09 per diluted share, for the third quarter of 2016, compared to $310,775, or $0.11 per diluted share, for the third quarter of 2015. For the nine months ended Sept. 30, the bank reported net income of $843,935, or $0.28 per diluted share, compared to $663,994, […]
Women in business—winners, all; But these 15 stand out
By Donald White. Fifteen successful women will be honored with the prestigious 2016 Top Women in Business Awards, one of the oldest and largest events honoring women in Lake Norman, Cabarrus County and University City. This year presented a stellar crop of candidates — 23 in all — including a fitness instructor, the executive director of […]
Basketball star Nic Batum buys Cornelius mansion
One of the biggest names in Charlotte sports has purchased one of the biggest lakefront homes in Cornelius. Hornets star Nicolas Batum paid $3.725 million for a 10,000 square foot estate on Nantz Road, according to Mecklenburg County tax records. On July 7, Batum re-signed with the Hornets, inking a five-year, $120 million contract. It’s bigger […]
