Business
Bodycote opening new facility
Bodycote, the world’s largest thermal processing services provider, will open a heat treating facility at 128 Speedway Lane Mooresville, NC 28117. The company plans to invest in new equipment for Specialty Stainless Steel Processes (S3P) which increase mechanical and wear properties in stainless steel without adversely affecting corrosion resistance. Demand for S3P has grown exponentially […]
Dove House fundraiser Oct. 20
The Dove House Children’s Advocacy Center annual Children’s Voice Luncheon will be Oct. 20 from 11:45 am to 1 pm at The Cove Church in Mooresville. There will be a complimentary lunch including testimonials from local “Ordinary Heroes.” Sponsors include Husky Rack and Wire, Bestco, G. Campbell Construction, Deanna Sherman Foundation and Lake Norman Chrysler Dodge Jeep Ram. Reservations are […]
New houses get red flag for Waltrip site
Aug. 26. By Dave Yochum. While the principal investor in Michael Waltrip Raceworld is saying the best use for the property at Liverpool and Chartwell Center Drive is a housing development—not a race shop—some town officials think otherwise. For all intents and purposes, he said the property is a tear-down. “I believe the highest and […]
Southwire buys ABB plant in Commerce Park
By Dave Vieser. Southwire Co., based in Carrollton, Ga., has purchased ABB’s cable manufacturing plant in Huntersville for an undisclosed sum. The acquisition was completed on July 31, and gives Southwire control of a 240,000 square foot plant which produces high-voltage and extra high-voltage underground transmission cable. “The Huntersville plant will be part of Southwire’s energy […]
Michael Waltrip Raceworld running out of gas
Aug. 19. By Dave Yochum. It looks more and more like Michael Waltrip Raceworld, one of the cornerstones of motorsports and sports tourism in Cornelius, is going away. Waltrip himself said it was a “great run that we’ve had,” fielding teams in the old Winston Cup Series dating back to 2002. He began his race […]
Race world mashup on road ahead
By Dave Yochum. Is part of the Michael Waltrip Raceworld complex at Chartwell Drive and Liverpool Parkway in Cornelius up for grabs? People close to the operation say the racing entrepreneur has shown the property to more than one race-related company currently located in the “Golden Crescent” between Mooresville and Concord. Officials at Michael Waltrip Raceworld […]
Naas: Lawsuit only real chance to stop toll lanes
Aug. 17. Kurt Naas, founder of the Widen I-77 group that has opposed the managed lanes project in court, says his lawsuit is the only real chance Lake Norman residents have to stop the project. Speaking at Business Today’s Newmakers Breakfast, Naas reiterated that the lawsuit is still very much alive, with a hearing before […]
Is it time to swat SWOT?
As we are two months into the second half of the year for most businesses, savvy business owners are already planning for the year ahead, along with continuing to look three to five years ahead strategically. For decades, the norm for situation analysis within a business plan and strategy is to use SWOT (strengths, weaknesses, […]
Reduced film credits still help retain some production jobs
By Dave Friedman. In 2011 Justin Goff was honored at a White House ceremony for making the Empact 100, which recognizes entrepreneurs under the age of 30. His company, Innocinema, provided production tools to the film industry from their offices near Northlake Mall. Business was booming and his family was thriving. He did not want to […]
Cabarrus visitor spending checks in at $400 million
Aug. 12. Visitor spending in Cabarrus County hit $400 million last year, up 7.6 percent from 2013 levels. The Cabarrus increase was the second-highest percentage gain in the state. Cabarrus County lodging experienced a 12 percent increase in room demand in 2014. The tourism business, driven in large part by the Speedway, generated $28.95 million in […]
