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Uwharrie announces 2Q net

July 26. Uwharrie Capital Corp and its subsidiary, Uwharrie Bank, reported net income for the three months ended June 30, 2021 was level with the same period last year. Net income available to common shareholders both this past quarter and the same year-ago quarter was $1.5 million or $0.21 per share. Consolidated total assets at […]

United Bank reports much higher 2Q net

July 23. United Bankshares Inc.—different from United Community Banks (UCBI)—today reported earnings for the second quarter and first half of 2021. Earnings for the second quarter of 2021 were $94.8 million, or $0.73 per diluted share, as compared to earnings of $52.7 million, or $0.44 per diluted share, for the second quarter of 2020. Earnings […]

Novant gets top honors for disability inclusion

July 14. Novant Health has been recognized as one of the “Best Places to Work for Disability Inclusion” by Disability:IN and the American Association of People with Disabilities (AAPD). The health care system received a perfect score on the Disability Equality Index (DEI), a comprehensive benchmarking tool that gauges an organization’s level of disability workplace […]

Red Bull, Rauch partnering on 2 million square foot plant in Concord

July 13. Red Bull and filling company Rauch will partner to build a new beverage manufacturing, filling and distribution center in Cabarrus County, creating more than 400 new jobs. The two companies will invest more than $740 million in Concord by 2027. The companies will develop a state-of-the-art campus for beverage manufacturing, can filling and […]

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No federal penalties for Colonial Pipeline spill in Huntersville

July 9. A consent agreement between the federal Pipeline and Hazardous Materials Safety Administration (PHMSA) and Colonial Pipeline means Colonial will not have to pay federal civil penalties for the spill. They will have to follow certain repair methods in the future and submit a plan for better monitoring, according to NC Sen. Natasha Marcus […]

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Selling: Which P do you want to sell to?

BUSINESS | By Cheryl Kane July 16. Successful sales professionals find their strength and nurture it over time, adjusting and adapting to their changing environment. And, wow, what a changed environment we experienced in the last year and a half.  If you were dislodged from your high competency confidence due to the pandemic’s toll on […]

All fun, no run

June 24. The Lake Norman Chamber “Zero-K” is estimated to have brought in well over $10,000 yesterday to help support small business programming as well as the Education Luncheon in November recognizing the Educators of the Year and the 2021 Women’s Conference planned for August. More than 100 people participated in the Zero-K which had […]

Knoll America will bring US HQ, 31 new jobs to Gaston County

June 16. Knoll America, a supplier of conveyor systems, filter systems and metal processing pumps, will bring its US headquarters to Gaston, along with more than two dozen jobs. The company, which will also collaborate with Gaston College to set up apprenticeship programs, will invest more than $7.8 million in the headquarters and manufacturing facility. […]

Tate Cares campaign nets $111,000

June 11. Allen Tate has raised $111,000 for local arts and cultural programs as well as United Way agencies in North and South Carolina through its Tate Cares combined giving campaign. The annual campaign gives Allen Tate agents and employees the opportunity to support arts and cultural organizations and United Way agencies in local communities […]

LKN Chamber ‘Zero K’ June 24

THE LAKE NORMAN ZERO K Presented by Lake Norman Chrysler Dodge Jeep Ram  is Thursday, June 24 from 4 pm to 7pm at Lost World’s Brewing. The early bird rate to register is $30, or $40 after June 17.  Details / Register for the Zero K Run “Flight” registration is available to businesses or groups with five individuals […]

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