This tag is associated with 24 posts

Concord Downtown Development seeks new executive director

  Feb. 5. Diane Young, executive director of the Concord Downtown Development Corp., will step down when her contract ends June 30. The agency is working on a replacement for Young who has been executive director since 2010. A licensed general contractor and real estate developer, she plans to go back into private enterprise.  During Young’s tenure, […]


A top flooring distributor will bring 172 jobs to Concord

Sept. 19. Haines, the largest floor covering distributor in the US, will spend $6.4 million on a new distribution center that will create 172 jobs in Concord. The new distribution center will serve as Haines’ southern hub and will house Haines’ entire stocking portfolio of floor covering, installation and maintenance products. “Haines is so pleased […]


New mobile app boosts downtown Concord

July 7. Every hip downtown district needs a mobile app of its own, and now Downtown Concord has one. The free app enables visitors and residents alike to get the most out of tours of the picturesque historic district in the heart of Cabarrus County just by looking at their mobile device. Some 50 beacons […]

Fitch upgrades Concord bonds

March 30. Fitch Ratings has upgraded the City of Concord’s Issuer Default Rating (IDR) to AAA from AA+. The City’s limited obligation bond rating was also raised, from AA to AA+. Fitch said the city has demonstrated “strong budget management through the recent economic recovery.” Concord City Manager Brian Hiatt said the upgrades will save taxpayers’ money […]


Downtown Concord continues to attract new retail business

By Joe Habina. As a new restaurant owner in downtown Concord, Jason Pressley has a taste for competing for stomachs with other establishments in the neighborhood. “In my opinion I would rather be in a cluster of really good restaurants,” said Pressley, the owner of The Grill at 11 Union. “You get people to come to […]


Alevo is hiring as production ramps up

Dec. 5. By Marty Price. The skill sets are changing, but jobs in manufacturing will continue to grow, providing career paths for those willing to learn, says Scott Schotter, chief marketing and sustainability officer for Alevo in Concord. Indeed, the international battery maker is hiring 20 maintenance technicians in trade and salaried positions to keep the […]


Concord ranks No. 9 in US for high-quality growth

Oct. 3. Experts might not agree on the best or the right recipe for rapid economic growth, but some cities have figured out the key ingredients and how to stir the pot just right to sustain long-term prosperity. Patterns emerge within those cities, allowing people to identify the contributing factors that perpetuate quality growth. Our very […]


Are developers ready to invest in Concord?

By Marty Price. Small cities across the nation are trying to court private investors to revitalize their downtowns.  Kannapolis and Concord can be counted among the many municipalities that have recognized that private investment will build up their downtowns while increasing revenue through taxes. Kannapolis has started the process, with private developers ready to invest millions […]


Decline of ‘Big Soda’ behind $355 million S&D acquisition

Aug. 4. UPDATED. By Dave Yochum. Cott Corp. is paying $355 million on a debt and cash free basis to acquire Concord-based S&D Coffee Inc., a mainstay of Cabarrus County business since 1927. The price tag is about six times “post synergy” Earnings Before Interest, Taxes, Depreciation and Amortization, otherwise known as EBITDA in corporate […]

Sunya Folayan poses for a portrait with some of her fiber art in her studio. Folayan lives “within walking distance” of the Clearwater Artist Studios. Photo by Marty Price

Concord art scene benefits from non-profit partnership with city

By Marty Price. When Noelle Rhodes Scott, president and CEO of the Cabarrus Arts Council first came to the CAC, there was a grand total of one employee—her.  Now she has a budget of $988,288 and eight employees including herself. Art was a billion-dollar industry in North Carolina in 2010. A new study gets under way […]