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Peoples dividend

Nov. 20. Peoples Bancorp of North Carolina has declared a cash dividend for the fourth quarter of 2020 in the amount of 15 cents a share. The fourth quarter cash dividend will be paid on Dec. 15 to shareholders of record on Dec.3. Peoples has 19 banking offices in North Carolina, including one on Bailey […]

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Mooresville new corporations: November 2020

These businesses registered with the North Carolina Secretary of State Mooresville  9/16/20 4G2 Design LLC, William Raymond Green Jr., 127 Southhaven Dr. 28117 9/16/20 Coast2Coast Wealth Management LLC, Christina McConnell, 321 Sundown Rd. 28117 9/16/20 Remnant Inc., Harold Brown, 109 Holly Ridge Dr. 28115 9/16/20 Tillery’s Transport LLC, Justin Andrew Tillery, 138 Burke Cir. 28115 […]

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Mecklenburg new corporations: November 2020

These businesses registered with the North Carolina Secretary of State Cornelius  9/17/20 Tractor Inc., Jean Marie Andzulis, 20658 Spring Grove Ln., Cornelius 9/18/20 Lamb Luxury Travel LLC, Amanda Araujo, 9228 Portage Dr. Unit 102, Cornelius 9/18/20 NSOP LLC, Christopher Shane Buckner, 18825 W. Catawba Ave. Ste. 250, Cornelius 9/18/20 Staton Software, Larry Staton Jr., 18820 […]

Biden addresses business, labor leaders

Nov. 17. President-elect Joe Biden and Vice President-elect Harris met with top business and labor leaders to discuss COVID-19 and the economy. They included: Mary Barra, CEO of General Motors; Brian Cornell, CEO of Target; Satya Nadella, CEO of Microsoft; Rory Gamble, president of the UAW; Mary Kay Henry, president of SEIU; Marc Perrone, president […]

Huntersville gas spill much larger than initial reports

Nov. 6. The NC Department of Environmental Quality says Colonial Pipeline underestimated the volume of gasoline released during a spill in the Oehler Nature Preserve in Huntersville in August. Colonial Pipeline estimated the spill at 272,580 gallons. New semi-weekly reports are apparently contradictory and indicate that the spill is “significantly larger” than initially reported. Colonial […]

Starr Miller designed this winning kitchen.

StarrMiller Interior Design takes a first place in Dacor National Kitchen Design contest

Nov. 5. Starr Miller of StarrMiller Interior Design  in Cornelius won National First Place Winner in the Traditional Category in addition to being recognized as a First Place East Coast Regional Winner and National Finalist in the the inaugural 2020 Dacor National Kitchen Design contest celebrating innovative kitchen designs. Her awards include a cash prize of $42,500. Dacor, […]

Mt. Airy bank cites COVID-19 in lower third quarter results

Oct. 29. Mount Airy-based Surrey Bancorp, the holding company for Surrey Bank & Trust, reported lower earnings for the third quarter ended Sept. 30. Net income totaled $1,052,172 or $0.25 per fully diluted share, compared to $1,676,806 or $0.40 per fully diluted common share earned during the third quarter of 2019. Total assets rose 28.3 […]

Aquesta declares dividend

Oct. 23. Cornelius-based Aquesta Financial Holdings has declared a cash dividend of 12 cents per share to shareholders of record as of Nov. 6. The eighth annual consecutive dividend is payable on Nov. 20. Earlier this week Aquesta posted higher third-quarter earnings. CEO Jim Engel said, adjusted for stock splits, the dividend has been increased […]

Uwharrie Q3 net up 65%

Oct. 22. Uwharrie Capital Corp third-quarter net income rose 65 percent to $1.6 million compared to the same quarter in 2019. Net income available to common shareholders during the third quarter was $1.4 million or $0.20 per share compared to $826,000 or $0.11 per share for the same quarter in 2019, an increase of 80 […]

Pratt& Whitney investment valued at $650MM

Oct. 22. Pratt & Whitney will invest approximately $650 million over several years to build new manufacturing plant in Asheville. The company, a division of Raytheon Technologies Corp., will create 800 jobs through 2027. The 1 million square foot high-tech turbine airfoil production facility “signals a bright future in aviation even with the current challenges […]

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