Business

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Aquesta net slips during third quarter; new operations center in Mooresville

Aquesta Financial Holdings, the parent company of Aquesta Bank, reports third-quarter net income fell from $757,000 (19 cents per share) last year to $702,000 (17 cents per share) for the three months ended Sept. 30. Jim Engel, CEO, said loan and deposit growth were good, despite the fact that earnings were muted due to larger […]

Visit LKN lands top industry awards

Nov. 5. Visit Lake Norman, the convention and visitors bureau based in Cornelius, was honored with four awards for achievement in destination marketing at the recent North Carolina Tourism Leadership Conference. VLN received a Gold Award for best Community Relations for the Ambassador and Internship Program that recruits ambassadors and interns to work in the […]

Spec development continues as local demand stays strong

By Erica Batten.  With decreasing vacancy rates, rising rental rates and a net industrial absorption rate well above historical averages, the Golden Crescent—Lake Norman to Kannapolis and the Speedway area—is a promising locus of investment for speculative development. According to the 2018 third-quarter report from Colliers International Group, a global real estate services and investment […]

18-19 Cabarrus County, NC Destination & Motorsports Guide - Creators750

Cabarrus CVB publishes new visitors guide

Oct. 22. The Cabarrus County Convention and Visitors Bureau has released the new cover of their Destination & Motorsports Guide, featuring “creative locals” who represent a vibrant community. The official travel resource for Concord, Kannapolis, Harrisburg, Midland and Mt. Pleasant features quarterly covers, playing on the theme “People of Cabarrus.” They all make memories: Thrill […]

Polywood bringing 384 jobs to Roxboro

Polywood, a manufacturer of outdoor furniture made from recycled plastics, will create 384 jobs over five years in Person County, Gov. Roy Cooper announced. The company will invest $35.3 million to open a manufacturing and distribution center in Roxboro. “Bringing good jobs to rural communities like Person County is essential to helping all of North […]

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Women’s Business Expo with champagne, piano

Champagne, cars, a pianist, chocolate and interesting businesses will greet women leaders when they arrive at Business Today’s Top Women Champagne Reception and Expo at River Run Country Club Oct. 17. It’s the only business expo in North Carolina with champagne. Expo partners include the Cain Center for the Arts, Christmas Decor, Freedom Boat Club, […]

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15 vie for Top Women Awards

Fifteen successful women will be recognized Oct. 17 at the Top Women Awards, one of the oldest and largest events honoring women in Lake Norman and Cabarrus County. This year’s Top Women finalists are a diverse group, ranging from small business owners and entrepreneurs to distillers and brewers. Business Today’s Top Women awards have a 14-year-long history of recognizing […]

Tate Hanna leaders

Allen Tate Cos. and Howard Hanna Real Estate join forces

Sept. 20. Allen Tate Cos. and Howard Hanna Real Estate Services, the largest family-owned real estate company in the nation, have formed a new joint venture with ownership interests from both companies. Allen Tate, established in 1957, is the fourth-largest private, family owned firm in the country. “This union brings together first-rate real estate professionals […]

Aquesta’s Wilmington branch temporarily closed because of Forence

Sept. 18. It won’t be back to normal for Aquesta employees in Wilmington for another couple of days. Although there was only minor water damage from a leak in the roof, the branch will stay closed until later this week, or possibly Monday, depending on when travel is deemed safe. The 2,000 square foot branch […]

Newsmakers Breakfast Sept. 26 on public, charter schools

The thinking behind the charter school debate—not the politics—will be the subject of a Newsmakers Breakfast Sept. 26 at The Peninsula Club. Thought leaders Karen Bentley, a former Mecklenburg County Commissioner, and Jim Fuller, a member of the Davidson Board of Commissioners, will field questions for the better part of an hour over breakfast. Davidson […]

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