Business

This category contains 1479 posts

SBA declares disaster after Jan. 9 storms

Feb. 6. Businesses and residents Alexander, Burke, Caldwell, Catawba, Iredell and Lincoln counties affected by storms and tornado on Jan. 9 are eligible to apply for low-interest disaster loans from the Small Business Administration. The SBA has opened a Disaster Loan Outreach Center in the Catawba County Emergency Services 100 Government Drive, Newton. It’s open […]

Mill's Market will change downtown Cornelius

Newsmakers Breakfast Feb. 15 addresses development in downtown Cornelius

Feb. 1. The next wave of development in downtown Cornelius will be the subject of the Feb. 15 Newsmakers Breakfast at The Peninsula Club hosted by Cornelius Today and Business Today. Background Downtown changed dramatically a quarter century ago with the addition of Town Hall, the Police Station and the live-work units to the south […]

Work force housing

Lack of workforce housing hits close to home

Feb. 1. By Dave Yochum. Housing in and around Cornelius has a split personality: There are multimillion-dollar homes within less than a mile of substandard properties, not to mention homeless people tucked away in a few wooded areas here and there. County-wide, the number of people experiencing homelessness continues to increase. As of June 2023, […]

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With demand for nurses soaring, Central Piedmont is expanding its nursing program

Jan. 30. With nurses in high demand, Central Piedmont Community College is expanding its Associate Degree in Nursing Program from 200 to 300 student. Central Piedmont will also more than double the size of its Practical Nursing Program from 24 to 64 students. Background The nation is projected to experience a shortage of RNs that […]

Marsicano

Leading educator will speak at chamber luncheon Feb. 15

Jan. 26. Christopher R. Marsicano, the Assistant Professor of Educational Studies and Public Policy and Founding Director of the College Crisis Initiative at Davidson College, will speak at the Lake Norman Chamber of Commerce Annual Education Luncheon Thursday, Feb. 15, at NorthStone Country Club. Marsicano’s presentation will focus on the “Politics of Education” and how […]

Dehn will bring 195 jobs to Lake Norman

  Jan. 24. Dehn Inc., a family-owned electrical engineering company based in Neumarkt, Germany, will invest $38.6 million in a new headquarters in Mooresville. Dehn, which holds more than 1,100 patents, will create nearly 200 jobs between 2025 and 2029. The 114-year-old company will receive $1.17 million in state tax incentives over the next 12 […]

NC jobless rate stayed at 3.5% in December

Jan. 23. North Carolina’s seasonally adjusted unemployment rate was 3.5 percent in December, unchanged from November’s revised rate. The national rate remained unchanged at 3.7 percent. However, the state’s unemployment rate decreased 0.3 of a percentage point from a year ago. Year over year gains The number of people employed decreased 1,622 over the month […]

Luxury graph

Luxury home outlook for 2024 remains strong

Jan. 17. By Dave Yochum. Despite two overseas wars, rising mortgage rates and economic uncertainties like inflation, luxury home prices have remained strong with multimillion-dollar cash transactions more and more common. High construction costs, labor shortages and unprecedented in-migration are contributing to a shortage of listings above $1 million. Sticker shock? Average prices for all […]

Atrium ups their minimum wage

Jan. 16. Atrium is increasing its hourly minimum wage $1 an hour to $17.50 per hour in both the Charlotte and Winston-Salem markets. It means an additional $328.4 million in compensation beginning this month. The increased minimum wage affects 31,700 nursing aides, medical assistants, pharmacy techs and environmental services technicians. The federal minimum wage of […]

LKN Chamber Focus Friday features Sawyer, Bradford

Jan. 10. NC Sen. Vickie Sawyer and NC Rep. John Bradford will present a legislative briefing at the Lake Norman Chamber of Commerce on Friday, Jan. 19. The Focus Friday event will be both in-person and virtual from 8:30 am to 9:30 am. Chamber officials said NC Rep. Natasha Marcus, who also represents part of […]