Recent Posts
AvidXchange investing $41 million in Charlotte HQ
Dec. 17. AvidXchange, the accounts payable and payment automation company, will expand its Charlotte headquarters, creating 1,229 jobs. The fintech company, an industry leader in automating invoice and payment processes for mid-market companies, will invest $41 million in Mecklenburg County. Salaries for the new positions will average $68,569, which is higher than the current Mecklenburg County […]
Famous Toastery owners eggcited about Concord
Dec. 10. By Dave Vieser. When best friends Brian Burchill and Robert Maynard opened their first Famous Toastery’s store back in 2005 little did they know their “cozy” breakfast spot in a small house turned restaurant in Huntersville would grow into 34 busy locations throughout the US, including 21 in North Carolina. With plans for […]
Betty Honeycutt, Ralph Hartsell get lifetime awards from peers
Two real estate icons in Cabarrus County have received awards from their peers. Betty Honeycutt, part of Team Honeycutt at Allen Tate’s Concord office, has received the Lifetime Achievement Award from the Central Carolinas Association of Realtors. The mother of Team Honeycutt founder and Cabarrus County Commissioner Diane Honeycutt, Betty has been selling homes for […]
Opioid crisis hits where we work
With more than 42,000 Americans dead from opioid-related overdoses in 2016—40 percent of the deaths involved prescription painkillers—prescient employers are taking steps to prevent opioid misuse and addiction. The opioid crisis cost the economy $95 billion in 2016, with $21.4 billion spent on treating patients who suffer from opioid abuse, a new analysis from Altarum found. […]
Construction keeps building on the economy
By Erica Batten. The construction industry is projected to grow 4.5 percent over the next few years, reaching $1.2 trillion in real output by 2020. Much of the growth is directly related to government activity. Reconstruction of roads, bridges and other infrastructure, along with the government’s plan to make renewable energy 20 percent of the […]
New retail on W. Catawba is one of several on drawing board
Nov. 14. By Dave Vieser. A few days before the Cornelius Town Board is scheduled to vote on rezoning 11 acres between Catawba Avenue and Knox Road for a major retail center, a different developer is proposing another new project just to the east. The new project, referred to as the “20151 West Catawba Avenue […]
2019 Economic Outlook Nov. 15 at Newsmakers Breakfast
Charles Dougherty, a top economist with Wells Fargo Securities, will present an Economic Outlook at the Newsmakers Breakfast Nov. 15 at The Peninsula Club. Dougherty is a recognized expert in the commercial real estate, housing and construction sectors of the nationa, regional and macro economy. He regularly writes indicator reports, produces special commentary, and has […]
Kannapolis hopes to knock it out of the park with stadium
By Dave Friedman. In an aging stadium with no seats shaded from the summer sun, and few modern amenities, the Kannapolis Intimidators averaged a South Atlantic League low of 1,115 fans per game to watch during the season which concluded the first week of September. Intimidators Ballpark is located just off I-85 at Exit 63, […]
Rowan-Cabarrus Community College acquires acreage in Concord
Rowan-Cabarrus Community College has purchased two parcels of land totaling 16.44 acres near the South Campus in Concord from Crown Court. The additional acreage will accommodate the growth in Cabarrus County and the College’s future over the next three decades. “The College has long recognized the need to keep pace with the growing needs of […]
Top Women: Celebrate the Class of 2018
At the Top Women Champagne Reception at River Run Country Club Oct. 17, Business Today recognized 14 leaders who have had a substantial impact on their communities. This dynamic group of ladies has weathered both good times and bad and adapted, learning new skills while still maintaining an admirable record of giving back to the […]
