Recent Posts
Pharmacy worker guilty of stealing opioids from employer and selling them
A former Concord pharmacy employee had pleaded guilty to eight felony drug charges stemming from a 2018 undercover investigation. A Superior Court judge sentenced Jeanna Sechrest Wilson, 35, to between 70 and 93 months in prison following her plea to the following charges: • Two counts of embezzlement of a controlled substance by an employee • Two counts […]
Apartment construction worth $5 billion statewide
The apartment industry and its residents annually contribute $20.3 billion to Charlotte’s economy, according to a study commissioned by the National Apartment Association (NAA) and National Multifamily Housing Council (NMHC). The apartment industry supports 88,132 jobs in Charlotte as well as resident spending in excess of $17.1 billion. New construction contributes $2 billion, and renovation […]
Warrior Dash business failure presents obstacle for Rural Hill
Forbes magazine’s 18th “most promising” company in 2015 has taken a fatal spill, leaving a local non-profit out more than $30,000. Chicago-based Red Frog Events owes Rural Hill Inc., the non-profit entity that operates and works to preserve the historic farm in Huntersville, more than $30,000 from the Warrior Dash that was held there in […]
Charlotte home prices still climbing as much of the country slows down
By Dave Yochum. The rate of home-price increases fell in June to the lowest level in nearly seven years, according to the latest Case-Shiller Home Price Index from S&P Down Jones Indices and CoreLogic. June 2019 saw an annual increase of 3.1 percent for home prices nationwide, falling from the previous month’s 3.3 percent gain. […]
Carvana: On the road to Concord
Aug. 29. Carvana, the e-commerce platform for buying and selling used cars, officially announced plans to open a $30 million inspection and reconditioning facility in the old Philip Morris plant in Concord. Over the course of a dozen years, the Carvana investment is expected to grow the state economy by half a billion dollars and […]
Book Review: Building a StoryBrand
Run your marketing message through Donald Miller’s framework to create a superstar narrative. His approach casts your brand in the fundamentally human language of a story. He offers a sharp, clear process for finding a story to tell about your product or service that centers on your customer as the hero – not on your […]
Alexander Farms build-out worth over $110 million
By Dave Yochum. A mixed-use project planned for the last undeveloped farm on the west side of I-77 in Cornelius will resemble Birkdale, but with a twist. The residential component of Alexander Farms will target active adults—even oldsters—with a hip mix of amenities, including a food truck plaza, senior housing options, retail and restaurants—as well […]
Rick Eveson is new EVP at Aquesta
Rick Eveson is the new executive vice president, chief operations and compliance officer at Cornelius-based Aquesta Bank. Eveson, who has led Aquesta’s consumer lending business for the past six years, will be responsible for oversight of all regulatory compliance risks as well as deposit, IT and loan operations. A graduate of State University of New […]
Record visitor spending across NC in 2018
Aug. 15. Tourism spending in North Carolina rose to $25.3 billion last year, a record. The data, which comes from an annual study commissioned by Visit North Carolina, has Mecklenburg County once again at the top, with $5.68 billion in visitor spending last year, up 5.6 percent from 2017. Domestic visitors spent a record $25.3 […]
Blueharbor bank reports gains in second quarter
Mooresville-based blueharbor bank reported second-quarter net income rose 8% to $698,480 compared to $647,933 earned during the second quarter of 2018. For the six months ended June 30, net income was $1.29 million, up 6% from the first half of 2018. CEO Jim Marshall net income growth for the second quarter of 2019 was driven […]
