Business

This category contains 1701 posts

Red Bull, Rauch partnering on 2 million square foot plant in Concord

July 13. Red Bull and filling company Rauch will partner to build a new beverage manufacturing, filling and distribution center in Cabarrus County, creating more than 400 new jobs. The two companies will invest more than $740 million in Concord by 2027. The companies will develop a state-of-the-art campus for beverage manufacturing, can filling and […]

Atrium gains approval for new hospital in Cornelius

July 12. The North Carolina D​ept. o​​f Health ​& Human Services has approved a Certificate of Need​ request from Atrium Health to build a 30-bed acute care hospital on the former Augustalee property between Hwy. 21 and I-77. “Atrium Health Lake Norman” could be up and running in early 2024. The $154 million facility, which […]

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No federal penalties for Colonial Pipeline spill in Huntersville

July 9. A consent agreement between the federal Pipeline and Hazardous Materials Safety Administration (PHMSA) and Colonial Pipeline means Colonial will not have to pay federal civil penalties for the spill. They will have to follow certain repair methods in the future and submit a plan for better monitoring, according to NC Sen. Natasha Marcus […]

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Selling: Which P do you want to sell to?

BUSINESS | By Cheryl Kane July 16. Successful sales professionals find their strength and nurture it over time, adjusting and adapting to their changing environment. And, wow, what a changed environment we experienced in the last year and a half.  If you were dislodged from your high competency confidence due to the pandemic’s toll on […]

Novant Health lands top spot in nationwide diversity ranking

July 6. Novant Health is No. 1 nationwide in Diversity MBA Magazine’s 2021 ranking of “Best Places for Women & Diverse Managers to Work.” Diversity MBA is a national leadership organization integrating diversity and inclusion with talent management. Novant Health was last recognized by Diversity MBA in 2020, when the not-for-profit healthcare system ranked No. […]

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Clean energy industry brought $40B to NC since 2007

June 24. An economic impact study done by RTI International says the business of clean energy brought $40 billion to North Carolina over the last 14 years. Renewable energy project investment in 2020 totaled $1.6 billion—more than 60 times the $26.2 million invested in 2007, according to RTI, which is based in Research Triangle Park. […]

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Peninsula mansion sells for $6.25 million

June 22. A home on Flying Jib Road in The Peninsula has sold for $6,250,000. The six-bedroom, 9,894-square-foot mansion on Lake Norman across from the Peninsula Yacht Club changed hands last week for a cool $632 per square foot. The home was listed by Lance Carlyle of Cornelius-based Carlyle Properties. The home on Flying Jib […]

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Construction begins on $90 million senior ‘resort’ in Huntersville

June 17. Construction on Symphony Park, a luxury independent living resort for seniors, began Thursday with a groundbreaking ceremony that included Huntersville’s Mayor John Aneralla, local officials, designers BB + M Architecture, and landscape architects and civil engineers Cole, Jenest & Stone. The $90 million resort is set to open in the fall of 2022, […]

Knoll America will bring US HQ, 31 new jobs to Gaston County

June 16. Knoll America, a supplier of conveyor systems, filter systems and metal processing pumps, will bring its US headquarters to Gaston, along with more than two dozen jobs. The company, which will also collaborate with Gaston College to set up apprenticeship programs, will invest more than $7.8 million in the headquarters and manufacturing facility. […]

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Novant: COVID by the numbers

June 15. Nearly 16 months after the first coronavirus cases hit North Carolina, Novant Health says it has administered more than 500,000 doses of the COVID-19 vaccine. “Half-a-million doses is an incredible achievement and represents the countless hours of planning, implementation and dedication that went into our pandemic response,” said Carl S. Armato, CEO of […]