Business
Race driver purchases Wher-Rena in Cornelius
March 11. A company associated with NASCAR star Joey Logano has purchased the 3.6-acre Wher-Rena property on West Catawba. Logano, a savvy real estate investor, is the 2018 NASCAR Cup Series champion and the driver of the No. 22 Team Penske Ford. At age 30, he is a 26-time Cup winner, including the 2015 Daytona […]
blueharbor declares cash dividend of 10 cents per share
March 11. The board of directors of blueharbor bank has declared a cash dividend of $0.10 per share on common stock outstanding to shareholders of record as of March 19. The dividend is payable on April 9. CEO Jim Marshall said the dividend was based on the bank’s operating results over the past few years, […]
Co-working space opening in downtown Concord
March 4. The “Cabarrus Center” has opened in downtown Concord in the former Cabarrus Saving Bank. Flywheel, a business which creates co-working communities, will manage programming. Flywheel founder Peter Marsh said the Cabarrus Center is looking for aspiring entrepreneurs, existing businesses to learn, grow, and accelerate their businesses through education, networking, and mentoring. The collaborative […]
Free MBA level course for ’emerging leaders’ from SBA
March 2. The SBA is looking for 18-20 Charlotte-area business owners to apply for the next SBA Emerging Leaders class. The executive-level course training initiative is designed to give business owners a three-year, tailored strategic growth plan to help bring their business to the next level. Executives must commit to approximately 100 hours of classroom […]
DEQ extends testing of private wells near Colonial Pipeline spill
Feb. 25. The NC Dept. of Environmental Quality (DEQ) has found several deficiencies in the Comprehensive Site Assessment (CSA), submitted by Colonial Pipeline on Jan. 20. DEQ issued a Notice of Continuing Violation detailing the necessary actions to continue the clean-up in earnest. “After a recent tour of the pipeline leak site with representatives from […]
Define expected workplace behaviors
Feb. 18. By Cheryl Kane. We live in a nation of free speech and have cultural pride in individuality. But what happens when employees’ clothes, office decor, actions, or conversations step over a potentially invisible but evident line? What is inappropriate? As managers and sales professionals there are interpersonal situations that temporarily test us; we […]
Huntersville project expected to jump-start downtown revitalization
Feb. 18. A mixed-use project with retail, high-end apartments and modern townhomes that will be built by Cornelius-based North State Development will be the largest private development/investment in downtown in a quarter century, according to Mayor John Aneralla. The 10-acre site is next to Discovery Place Kids. The full build-out value of the project is […]
Businesses, high school students network via Zoom
Feb. 13. Lake Norman Economic Development in conjunction with the Lake Norman Education Collaborative held a virtual speed networking event for Hopewell, Hough and North Mecklenburg high schools. The event gives high school students a chance to learn about a variety of jobs and industries, according to Huntersville Mayor Pro-Tem Melinda Bales. “Being that this […]
Elon poll: Nearly 2/3 believe legalizing marijuana would help NC economy
Feb. 11. A new Elon University poll says nearly two-thirds of North Carolina residents support reducing penalties for marijuana possession and believe it would help the state’s economy. Eighteen percent of those polled said they are opposed to legalizing medical marijuana, while 64 percent of residents believe marijuana legalization would help the state’s economy. According […]
Major eco-devo announcement from Gilead
Feb. 9. Gilead Sciences, a leading biopharmaceutical company, will invest $5 million in a new business services and information technology hub in Wake County. The company will create 275 jobs in the Research Triangle region. “We are eager to welcome many of the highly talented, highly skilled people who live in the Research Triangle region […]
