Cabarrus

This tag is associated with 66 posts

Cabarrus sets aside $5 million for small business COVID relief

Sept. 21. Cabarrus County is dedicating up to $5 million in American Rescue Plan Coronavirus State and Local Fiscal Recovery Funds to help small businesses deal with COVID-19. Small business owners in the county have until Oct. 15 to apply for one-time funding through the Cabarrus Recovery Grant – Small Business Support Program. Qualifying expenses […]

Cabarrus County Fair

Cabarrus cancels county fair due to COVID spread, low vaccine rates

Sept. 2. For only the second time in 68 years, the Cabarrus County Fair, scheduled for Sept. 10-18, has been cancelled. County officials blame low vaccination rates and community spread of COVID-19. The decision was made in concert with public health and emergency management officials. Up to 80,000 people attend the fair over a nine-day […]

Ball Corp. bringing 220 new jobs to Cabarrus

July 28. Ball Corp. will create 220 new jobs when it invests $383.8 million in a new facility at The Grounds at Concord, the site of the former Philip Morris plant. Ball will join Red Bull and Rauch in what will become a beverage manufacturing hub in Cabarrus. Ball will manufacture aluminum cans for Red […]

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 […]

Uwharrie upgrades to OTCQX Best Market

March 16. Shares in Uwharrie Capital, holding company for Uwharrie Bank, began trading today on OTC Markets Group’s OTCQX® Best Market. The company qualified to trade on the OTCQX and upgraded from the Pink market. OTC Markets Group operates financial markets for approximately 11,000 U.S. and global securities. Uwharrie Bank is a community banking organization […]

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Big crane will affect Church St. traffic in Concord next week

Nov. 12. Crews will install a 135-foot crane for construction of the new Cabarrus County Courthouse in downtown Concord. Flaggers will direct traffic along the 50 block of Church Street S from Nov. 16 to Nov. 19 while crews transport and position the crane. Construction on the 250,000 square foot Courthouse project began earlier this […]

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 […]

Cabarrus hospitality by the numbers

Sept. 17. While domestic travelers to and within Cabarrus County spent $478.16 million in 2019, an increase of 1.9% from 2018, hotel revenue this year is down 60 percent from last year due to the pandemic. The data comes from an annual study commissioned by Visit North Carolina, a unit of the Economic Development Partnership […]

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Cybersecurity: Demand for talent keeps growing

Cabarrus County officials last week released details of a “social engineering” scam that diverted a $2.5 million from their payment systems to an unknown fraudster. The County intended to send the money to a general contractor from Virginia. The case highlights the need for cybersecurity measures—and experts. Indeed, cybersecurity is one of the fastest-growing employment […]

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Cabarrus County government targeted in social engineering scam

July 29. Cabarrus County officials released details of a social engineering scam that diverted a $2,504,601 vendor payment made by the County. Of that total, $1,728,082.60 remains missing. The County intended to send the money to Roanoke, Va.-based Branch and Associates Inc., which serves as general contractor for construction of West Cabarrus High, a new […]

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