Business
Aquesta fourth-quarter, full-year earnings rise
Jan. 23. Aquesta is reporting fourth-quarter unaudited net income rose 3.6 percent to $374,000 (15 cents per share) vs, net income of $361,000 (14 cents per share) for the fourth quarter of 2013. Unaudited net income for 2014 was $1.71 million (67 cents per share) vs. $1.47 million in 2013. The Cornelius-based financial company increased […]
Speedway recognized for STEM program
Jan. 22. Charlotte Motor Speedway was recognized by the North Carolina Motorsports Association for contributions to the community through its Science, Technology, Engineering and Math-based educational field trip program. Marcus Smith, president and general manager of Charlotte Motor Speedway, accepted the award, presented by NASCAR icon Ray Evernham. “Through the STEM program, Charlotte Motor Speedway […]
CMUD has a new name—Charlotte Water
Jan. 12 The Charlotte-Mecklenburg Utility Department—better known as CMUD—is deep-sixing its old name. The new name is Charlotte Water, which “better reflects the identity established as the water and wastewater service provider to the Charlotte region,” the publicly-owned utility said in a press release today. The CMUD name dates back to a 1972 agreement between the […]
Tillis keynote speaker at LKN Chamber banquet
The keynote speaker at the Lake Norman Chamber’s annual awards dinner Jan. 16 is U.S. Sen. Thom Tillis. The theme of the event is “Connecting, Empowering & Expanding Our Possibilities.” The chamber also has five new board members: Tim Gause, region director, Duke Energy; Mike Murphy, of ProctorFree; Sharon Simpson, Lake Norman Currents; Laura Temple, […]
New head of United Way has 100-day plan
Jan. 9 Sean Garrett is the new executive director of United Way of Central Carolinas. He will begin March 1, after United Way’s fundraising campaign is completed. United Way is a clearinghouse and umbrella for a wide range of social service organizations ranging from the Ada Jenkins Center to Big Brothers Big Sisters. Garret replaces […]
An Edsel, not a Lincoln
Jan. 9 Edsel Ford II will be the keynote speaker at the Mooresville/South Iredell Chamber’s awards luncheon Jan. 26 at The Cove Church, 197 Langtree Road, Mooresville. Doors open at 10:30 a.m. Some 460 seats of 700 have been sold. Reservation forms available online at www.mooresvillenc.org or call 704-664-3898. Awards include Business Person of the Year, Citizen of the Year and Entrepreneur.
New business announcements come with help from 3 agencies
By Katie Piccirillo Sherman North Carolina is regaining its position as one of the top states for business, according to Site Selections and Forbes, and with large corporations announcing new facilities here, economic development officers around the motorsports region are happy. Margie Bukowski, Cabarrus economic development chief, credits transportation infrastructure for tapping into a demand […]
NACM’s Credit Managers’ Index ends year on weak note
Jan. 2 The movement in December’s economic report from the National Association of Credit Management ended the year on a disappointing note, creating the sense that economic momentum has stalled. All eyes are on January in the hopes that the slide doesn’t deepen. While other economic indicators remained strong, the December report of the Credit […]
Steve Morris, Cabarrus Commission chair, speaking at Newsmakers Breakfast Jan. 13
The new chairman of the Cabarrus County Commission will speak at Business Today’s Newsmakers Breakfast Tuesday Jan. 13 at the Piedmont Renaissance Center in downtown Concord. Steve Morris was elected by his peers on the commission to the leadership role in December, when three new commissioners, all Republicans, went on the five-person board. Morris joined […]
Kannapolis offers grants to Cannon Blvd. businesses
Dec. 18 The City of Kannapolis is offering façade and site improvement grants to businesses and property owners on Cannon Boulevard between I-85 and First Street. City leaders said the area is a key gateway to those who travel to Kannapolis as well as those who live and work on Cannon Boulevard. The façade and site […]
