Community
Cabarrus visitor spending checks in at $400 million
Aug. 12. Visitor spending in Cabarrus County hit $400 million last year, up 7.6 percent from 2013 levels. The Cabarrus increase was the second-highest percentage gain in the state. Cabarrus County lodging experienced a 12 percent increase in room demand in 2014. The tourism business, driven in large part by the Speedway, generated $28.95 million in […]
Cintra hints of possible legal action against critic of toll plan
By Dave Yochum. The fight against the plan to widen I-77 with the help of a company whose roots are in Spain continues to escalate, with a lawsuit, another bill in Raleigh and even the threat of legal action against someone who has spoken out against I-77 Mobility partners, the new entity that will build the […]
Kurt Naas, founder of WidenI77.org, at Newsmakers Breakfast Aug. 13
Kurt Naas, founder of the Widen I-77 anti-toll movement, will speak at Business Today’s Newsmakers Breakfast Aug. 13 at The Peninsula Club. The Cornelius resident launched WidenI-77 three years ago when the conventional wisdom was that tolls were the only way for the NCDOT to add capacity to I-77 in the foreseeable future. WidenI-77 has filed suit to […]
As if farming couldn’t get harder, profits wilt because of the drought
Elizabeth Anne Dover, 30, is doing exactly what she wanted to do when she grew up. She’s a full-time farmer, flirting with break-even, selling her product, from Cherokee Purple tomatoes to wine, at farmer’s markets all around Charlotte. “We just have to get bigger,” she says. She plants 10 acres on Hwy. 29, just north […]
Banana, pineapple doctors: New degree set for Costa Rican students
Aug. 6. Dole Food Co. is sponsoring banana and pineapple PhD programs through a partnership with NC State University and the Costa Rican government and universities. NCRC officials said this is the beginning of what will become a fruitful partnership. Researchers at the North Carolina Research Campus in Kannapolis have met with Dole scientists from […]
Southwire buys ABB plant
Aug. 3. Georgia-based Southwire Co. has completed the purchase of ABB’s high-voltage and extra high-voltage underground transmission cable manufacturing plant in Huntersville. The purchase price was not disclosed. ABB’s 240,000-square-foot plant in Commerce Station Business Park opened three years ago just south of downtown Huntersville. The $90 million, high-voltage cable plant includes a 430-foot tower […]
2015 Top Women in Business Judges
Judges include Cabarrus community leader Dakeita Vanderburg Johnson; Diane Honeycutt, one of the top Allen Tate Realtors in North Carolina and a Cabarrus County Commissioner; Cornelius business attorney Catherine Bentz; Uwharrie Bank Market Regional President Pat Horton; Cornelius-based closing attorney Cheri Thebeau; Tricia Sisson, co-founder of the Range at Lake Norman in Cornelius; and Robin […]
Nominations for Top Women now open
Nominations for Business Today’s 11th Annual Top Women in Business leadership awards are officially open. The prestigious awards honor the Golden Crescent’s most dynamic women in business, community service, education and politics. Online nomination forms are at http://www.businesstodaync.com/top-women-in-business-nomination-form. To be eligible for this awards program, women should own a business or work in Cabarrus County, […]
Aquesta plans stock repurchase
July 24. Aquesta Financial Holdings has announced it will buy back up to $500,000 of Aquesta Common Shares (AQFH) on the open market. Stock in the Cornelius-based financial institution is thinly traded and trades below book value. At the same time, Aquesta appears to be more aggressive about its plans to grow in Charlotte. “We […]
RCCC, community leaders confab on downtown Kannapolis
July 23. The recent Rowan-Cabarrus Community College summit with North Carolina Research Campus representatives, the mayor of Kannapolis and community members centered on NCRC’s and RCCC’s pivotal role in the growth and development of the campus and downtown Kannapolis. Mayor Darrell Hinnant said he envisions downtown Kannapolis as a mixed-use destination with living, dining and […]
