Business
NC Manufacturing Institute launches at RCCC
April 15. The Centralina Workforce Development Board and Rowan-Cabarrus Community College will launch the North Carolina Manufacturing Institute at a community forum on Tuesday at the North Carolina Research Campus. Manufacturing firms, plant leadership teams, and guests are invited to the forum will focus on building a world-class manufacturing workforce for the region.The North Carolina Manufacturing Institute is […]
Manufacturing technology orders fall in February
April 11. U.S. manufacturing technology orders fell 14.8 percent in February compared to year-ago levels, according to the Association For Manufacturing Technology. February’s total of $304.74 million was also down 10.6 percent from January’s $341.02 million. With a year-to-date total of $645.76 million, 2015 is down 9.8 percent from 2014. “U.S. manufacturing is facing some […]
Franchise Employment Growth Continues to Outpace Economy-Wide Hiring
April 10. Franchise businesses will continue to increase and create jobs at a faster pace than the overall economy in 2015, according to the International Franchise Association. Employment and output growth for the franchise sector is expected to increase over the previous year. “Today’s report underscores the importance of a healthy franchising sector to the growth […]
Kannapolis will buy two more downtown properties
April 9. The City of Kannapolis plans to buy two additional properties in downtown Kannapolis: the former K-Town Furniture site at 136 Oak Avenue and a property located at 206 S. Main St. The Kannapolis City Council will consider authorizing a formal contract to purchase the properties at the April 13 meeting. The well-known K-Town Furniture building sits on […]
Psychiatrist: Prepare for mental illness at work
By Dave Yochum. The crash of the German jetliner in late March raises questions about mental illness and how employers should deal with troubled employees. Authorities say the co-pilot had a mental illness that he hid from the airline and that he was treated for suicidal tendencies before he became an airline pilot. “It is incredibly […]
$500,000+ Homes Planned for vacant land near Harris Teeter
By Dave Vieser. Simonini Homes will build 22 houses with a starting price in the mid $500,000s on the vacant 5.6 acre parcel behind the Jetton Cove Harris Teeter. Specific plans for the prime parcel were outlined Tuesday night at Cornelius Town Hall. As community meetings go, this one was quite congenial. The developer is Best Equity Ventures Organization V. The proper […]
Aquesta expanding into SouthPark
March 31. Aquesta Bank has purchased a branch location of troubled CertusBank in the Southpark area of Charlotte. The branch, in the Sharon Station Office Park across from the main entrance of SouthPark Mall, will be a “flagship branch,” according to CEO Jim Engel. “For our current customers, we believe this location will greatly enhance the […]
Publix plans new store in Mooresville
March 29. Publix Super Markets will open another store in Lake Norman, this one on the southeast corner of Brawley School Road and Williamson Road in Mooresville. The 49,000 square foot store will open in 2016, bringing a third grocery store within a half mile of the intersection on the west side of Mooresville. Publix […]
McCrory’s visit to dedicate Catawba avenue bridge postponed
Plans for Gov. Pat McCrory to dedicate the Catawba Avenue bridge over I-77 any time soon may have been thrown under the bus by a hail of criticism of the so-called “aesthetic improvements” portion of the bridge re-do. When completed the bridge will have new landscaping, abutments and special lanterns, lending a nautical feel […]
blueharbor sets course for Statesville; net income climbs 22.5 percent
March 19. Earnings last year at blueharbor bank rose 22.5 percent compared to 2013. For the year ended Dec. 31, 2014, the bank reported net income of $1,153,500, or $0.47 per diluted share, compared to $941,507, or $0.38 per diluted share, for 2013. For the fourth quarter, blueharbor reported net income of $255,232, or $0.10 […]
