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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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Javier Tamargo: ‘Indiana Toll Road bankruptcy has proved the resounding success of the public-private partnership model’

Aug. 20. By Dave Yochum. ANALYSIS. The I-77 toll battle just got more interesting. And a little humorous. WidenI-77 founder Kurt Naas, a Cornelius resident, has challenged the head of I-77 Mobility Partners, the newly created Cintra unit that will build and run the toll lanes, to a debate. “In the interest of informing the […]

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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 […]

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Davidson voting ‘no’ at CRTPO meeting tonight

Aug. 19. Davidson’s representative on the Charlotte Regional Transportation Planning Organization will vote “no” tonight on the 2016-2025 highway plan which includes toll lanes managed by a much-reviled private company whose roots are in Spain. While the ultimate CRTPO vote is likely to be “yes”—Charlotte City Councilwoman Vi Lyles has 46 percent of the region-wide […]

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Simonini plans swank homes on small lots near the Teeter

Aug. 18. Custom homebuilder Simonini Homes is planning a new development with 22 upscale houses facing a central green space or park on the long-vacant block between the Harris Teeter on Jetton Road and Charlestowne Road. The homes planned are in the $500,000-plus range, pegging the project’s total value at well over $11 million. The […]

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Harrisburg requests site surveys for future parks

Aug. 18. Harrisburg’s Parks and Recreation Department is requesting qualifications from interested and qualified consulting firms for site survey and assessment on land being considered for future park space. Responses are due by Friday, Aug. 28 at 5 p.m. Services include, but are not limited to, boundary and topographic survey, including ALTA; environmental site assessment, including […]

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Race world mashup on road ahead

By Dave Yochum. Is part of the Michael Waltrip Raceworld complex at Chartwell Drive and Liverpool Parkway in Cornelius up for grabs? People close to the operation say the racing entrepreneur has shown the property to more than one race-related company currently located in the “Golden Crescent” between Mooresville and Concord. Officials at Michael Waltrip Raceworld […]

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Naas: Lawsuit only real chance to stop toll lanes

Aug. 17. Kurt Naas, founder of the Widen I-77 group that has opposed the managed lanes project in court, says his lawsuit is the only real chance Lake Norman residents have to stop the project. Speaking at Business Today’s Newmakers Breakfast, Naas reiterated that the lawsuit is still very much alive, with a hearing before […]

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Is it time to swat SWOT?

As we are two months into the second half of the year for most businesses, savvy business owners are already planning for the year ahead, along with continuing to look three to five years ahead strategically. For decades, the norm for situation analysis within a business plan and strategy is to use SWOT (strengths, weaknesses, […]

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Reduced film credits still help retain some production jobs

By Dave Friedman. In 2011 Justin Goff was honored at a White House ceremony for making the Empact 100, which recognizes entrepreneurs under the age of 30. His company, Innocinema, provided production tools to the film industry from their offices near Northlake Mall. Business was booming and his family was thriving. He did not want to […]