Business

This category contains 1701 posts

Davidson’s Kindred restaurant makes Southern Living’s list

Aug. 19 Kindred, a Davidson restaurant located on Main Street, has been selected as one of Southern Living magazine’s Best New Restaurants of the South for 2016. Kindred won rave reviews from the magazine’s restaurant scouts for dishes such as its ravioli, country ham gnocci and crawfish campanelli. Southern Living singled out Kindred’s milk bread, which […]

Alevo’s GridBank released to Parker Hannifin for testing

Aug. 19 Energy storage provider Alevo announced today that its first GridBank lithium-ion battery assembly unit has been released for factory acceptance testing. The testing procedures will take place in conjunction with Parker Hannifin, the leading grid-tie PCS manufacturer, at its facility in Charlotte. GridBank assembly testing, which starts immediately, will include live simulation across […]

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Tapity app design studio Tapity expands in Cornelius

By Dave Yochum. A nationally recognized app design studio has moved into 3,500 square feet of space in a historic brick building in downtown Cornelius. Tapity—a word play on ‘tap into the possibility’—has six full-time employees and between three and five part-timers working at any given time, says founder Jeremy Olson. He is the lead designer […]

Mass transit is topic for Chamber’s Focus Friday

Mass transit will be the topic of the Lake Norman Chamber of Commerce’s Focus Friday event for August. The event will feature John M. Lewis, CEO of the Charlotte Area Transit System, who will discuss Bus Rapid Transit and ongoing operations of the Charlotte region’s transit authority. Lewis will speak from 8:30-10 a.m. Friday, Aug. […]

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Let’s get digital: Cabarrus County gets high scores for technology

Cabarrus County is moving up in the world of  best technology practices. The Center for Digital Government and the National Association of Counties says Cabarrus moved up a notch in the 2016 Digital Counties Survey, to No. 6 this year for counties with a population of 150,000 to 249,999. While counties self-select around entering the […]

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Griffin Bros. Tires sold to Alabama firm

Aug. 15. Cornelius-based Griffin Brothers TIres, Wheels & Auto Repair has been sold to an Alabama company for an undisclosed amount. Griffin Brothers is an icon in Lake Norman business, and, with stores in 10 locations around Charlotte, the entire region as well. Birmingham-based Express Oil Change & Tire Engineers, the buyer, said Charlotte is a […]

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Lake Norman hospitality gives back to community via “Voluntourism” initiative

Visit Lake Norman and its Lake Norman hotel partners have created a Voluntourism initiative to give back to the Lake Norman community and make an impact.  The idea originated from VLN’s most recent Hotel Power Hour meeting where John Lynch, GM for the Hampton Inn & Suites Huntersville told the story of Angels & Sparrows […]

Economists predict good election year

By Erica Batten. A recent Wells Fargo report analyzing the effects of an election year on the U. S. economy trumps the conventional wisdom that economic uncertainty surrounding a changing of the guard leads to slowdown. On the contrary, a variety of measures, including real GDP, consumer spending, disposable income and business fixed investments showed growth […]

Small business sales: It can take years to land the right buyer

Small business mergers and acquisitions in the first half of 2016 are up nationally and in Charlotte. According to BizBuySell.com, an online brokerage service, asking prices are also up. The local data is based on 195 Charlotte-area businesses listed by BizBuySell.com during the second quarter. The median asking price for a small business was $295,000; […]

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Car sales are on a roll

By Erica Batten. A downshift in auto sales since the first quarter of 2016 has led to questions about whether consumer spending is on the decline. According to a May report from Charlotte-based Wells Fargo Securities, car sales have been a crucial part of real consumer spending growth, particularly after the 2008 recession. Vehicle purchases and […]