Business

This category contains 886 posts

Opinion – Mass Transit Matters

Now that the new school year has started, most of you have undoubtedly encountered more traffic and congestion. Not only does this wreak havoc on people’s daily commutes, but it also results in more air pollution, as there are additional vehicles on the roads for longer periods of time. And Charlotte USA’s traffic woes are […]

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Owner of Augustalee property is ‘totally against’ I-77 toll plan

By Dave Yochum. Even as people like Charlotte Mayor Dan Clodfelter are expressing concerns about the current plan to toll I-77 between Lake Norman and Charlotte, one of the big landowners along I-77 says he’s opposed, too. Robert Stevanovski, co-founder and chairman of Concord-based ACN, is one of the owners, along with other ACN executives, of […]

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MWR calls it quits after Homestead Race Nov. 23; employees get 8 weeks pay

Sept. 3. By Dave Yochum. It looks like employees at Michael Waltrip Raceworld will get eight weeks in severance pay as investor Rob Kaufman parts ways with what has been a mainstay of the Cornelius economy for a decade. The company, which is basically fulfilling all its contractual obligations through the end of the year, […]

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Changes envisioned for downtown Davidson

Sept. 1. Davidson’s quaint downtown may be in store for some significant changes, if projects being considered in the Downtown Catalyst Project Initiative from the UNC School of Government are adopted. The changes focus on the possibility of adding shops, restaurants, offices, and residences along the west side of Main Street in front of town […]

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Realtor forecasts LKN future with $10 million estates

There were 170 home sales pending valued at more than $500,000 in June, a 10-year-high. The market is hot enough for a new trend: Multiple tear-downs for larger estates as lakefront properties in Cornelius and Mooresville once again approach 2008 peak Properties in both Cornelius and Mooresville once again began to approach 2008’s peak lot […]

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Bodycote opening new facility

Bodycote, the world’s largest thermal processing services provider, will open a heat treating facility at 128 Speedway Lane Mooresville, NC 28117. The company plans to invest in new equipment for Specialty Stainless Steel Processes (S3P) which increase mechanical and wear properties in stainless steel without adversely affecting corrosion resistance. Demand for S3P has grown exponentially […]

Dove House fundraiser Oct. 20

The Dove House Children’s Advocacy Center annual Children’s Voice Luncheon will be Oct. 20 from 11:45 am to 1 pm at The Cove Church in Mooresville. There will be a complimentary lunch including testimonials from local “Ordinary Heroes.”  Sponsors include Husky Rack and Wire, Bestco, G. Campbell Construction, Deanna Sherman Foundation and Lake Norman Chrysler Dodge Jeep Ram. Reservations are […]

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New houses get red flag for Waltrip site

Aug. 26. By Dave Yochum. While the principal investor in Michael Waltrip Raceworld is saying the best use for the property at Liverpool and Chartwell Center Drive is a housing development—not a race shop—some town officials think otherwise. For all intents and purposes, he said the property is a tear-down. “I believe the highest and […]

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Southwire buys ABB plant in Commerce Park

By Dave Vieser. Southwire Co., based in Carrollton, Ga., has purchased ABB’s cable manufacturing plant in Huntersville for an undisclosed sum. The acquisition was completed on July 31, and gives Southwire control of a 240,000 square foot plant which produces high-voltage and extra high-voltage underground transmission cable. “The Huntersville plant will be part of Southwire’s energy […]

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Michael Waltrip Raceworld running out of gas

Aug. 19. By Dave Yochum. It looks more and more like Michael Waltrip Raceworld, one of the cornerstones of motorsports and sports tourism in Cornelius, is going away. Waltrip himself said it was a “great run that we’ve had,” fielding teams in the old Winston Cup Series dating back to 2002. He began his race […]