Business
Billion-dollar industry becomes more legitimized every day
By Erica Batten. The question of whether to legalize the medical use of marijuana is about more than just the health effects, but the potential for cannabis products to treat chronic pain, anxiety, insomnia and inflammation, among other potential medicinal benefits, is what typically starts the conversation. Medical marijuana is already legal in 15 states, […]
Aquesta announces strong 2Q results
July 23. Aquesta Financial Holdings, parent of Aquesta Bank, said net income for the second quarter of 2019 ended June 30 was $1,188,000 compared to second quarter of 2018 net income of $2,031,000. The net income for the second quarter of 2018 included a one-time gain of $1.4 million on Aquesta’s sale of its insurance […]
2019 Top Women Nominations Form
To Nominate someone (or yourself), please fill out the form below and hit Submit. Deadline: Aug. 30.
Lowe’s picks Charlotte for tech hub
June 29. Mooresville-based home improvement company Lowe’s will bring 1,600 new jobs to a new $153 million technology center in Charlotte. Fopur hundred employees will be relocated from Mooresville. Average annual salaries will be over $114,000. Lowe’s received $54 million in incentives, helping Charlotte land this project over Dallas, Texas. The 23-story Design Center Tower will […]
New Corporations May 2019
Mecklenburg County 5/9/19 Base Coat Nails and Spa Inc., Socheath Khuon, 19729 Feriba Pl., Cornelius 5/9/19 Global Minds United, Ridgely Chapman, 19224 Wildcat Trl., Davidson 5/9/19 Pro Tech Construction and Investors Group LLC, Hamed Musa Kargbo, 9507 Stawell Dr., Huntersville 5/9/19 TTWFO Inc., David M. Blanchard, 6140 Stephens Grove Ln., Huntersville 5/10/19 Barnabas Capital Insurance […]
Greenheck, a manufacturer, announces $58.8 million expansion in Shelby
May 30. Greenheck Group, a Wisconsin-based manufacturer of commercial and industrial ventilation equipment, will build a $58.8 million campus in Shelby, bringing 400 new jobs. Greenheck already employs more than 400 people in North Carolina. “With the addition of a campus we will be able to offer team members a variety of career opportunities and […]
Birkdale moves a step closer to a Mulligan
The Huntersville Town Board has approved the zoning changes needed for an ambitious $45 million improvement and expansion plan at the Birkdale Country Club to proceed. The project covers 19.5 acres at the southeast corner of Birkdale Commons Parkway and Sam Furr Road and includes a hotel. The applicant, Romspen Investment Corp., is one of […]
Aquesta net soars 52%
April 22. Aquesta Financial Holdings, parent of Aquesta Bank, said first-quarter net rose 52 percent from $702,000 last year to $1.068 million during the three months ended March 31. Core deposits rose 30.9 percent during the same period. “We are off to an excellent start to 2019,” said CEO Jim Engel. Key highlights include loan […]
Online pet supply retailer to invest $55 million in Salisbury
April 17. Chewy, an online pet supply retailer, will bring 1,200 new jobs to Salisbury with a new $55 million fulfillment center. “Chewy selected North Carolina because from our infrastructure to our workforce, we have everything businesses need to succeed,” Gov. Roy Cooper said when he announced the expansion. The company is dually headquartered in Dania […]
Carolina BioOncology announces expansion in Huntersville
April 4. Carolina BioOncology Institute, a cancer research clinic based in Huntersville, will invest $250,000 on an expansion in The Park, not far from Novant Huntersville Hospital. The 10,00-square-foot expansion to 30,000 square feet includes space for cleanroom and lab space expansion, as well as two separate pharmacies, equipment monitoring and building automation systems. Carolina BioOncology […]
