Mooresville
Downtown Mooresville to host 2025 NC Main Street conference
March 14. Downtown Mooresville has will host the 2025 North Carolina Main Street Conference. The three-day conference, is organized by the NC Department of Commerce and the NC Main Street and Rural Planning Center. It is largest statewide downtown revitalization conference in the country. Mooresville Downtown Commission Chair Kim Saragoni said more than $58 million […]
Mooresville has new CVB director
Jan. 26. The Mooresville Convention & Visitors Bureau has a new executive director. Randy DuTeau, who has worked in tourism, event management and hospitality for more than 30 years, has overseen destination marketing organizations, development for sports commissions, and high-profile sports events, including Ironman 70.3 Augusta, USA Cycling National Championships, and Amateur Athletic Union Cross […]
Dehn will bring 195 jobs to Lake Norman
Jan. 24. Dehn Inc., a family-owned electrical engineering company based in Neumarkt, Germany, will invest $38.6 million in a new headquarters in Mooresville. Dehn, which holds more than 1,100 patents, will create nearly 200 jobs between 2025 and 2029. The 114-year-old company will receive $1.17 million in state tax incentives over the next 12 […]
Mayor Miles Atkins will not seek re-election in Mooresville
July 5. Miles Atkins will not seek re-election as mayor of Mooresville in 2023. The six-term mayor was first elected to the Mooresville Commission in 2007. “After an ample amount of introspection, I feel now is the time to explore new possibilities,” he said. “I plan on enjoying the on-going celebration of Mooresville’s 150th anniversary, […]
Downtown Mooresville: More than $12.7 million invested over two years
June 12. More than $12.7 million in private investment has been pumped into downtown Mooresville during the past two years, according to Kim Saragoni. Mooresville Downtown Commission (MDC) board chairman. The 501(c)(4) organization, a Nationally Accredited Main Street America program for the second year in a row, takes a preservation-based approach to economic development and […]
Mooresville Commissioner Bobby Compton named NC Main Street Champion
April 18. Town Commissioner Bobby Compton was named Downtown Mooresville’s 2022 Main Street Champion by the North Carolina Main Street Program at the 2023 conference in Statesville. The award was announced by the Mooresville Downtown Commission (MDC), which works to stimulate economic development within the context of historic preservation. Background The Champion award is presented […]
Atkins will seek another term as mayor in Mooresville
Feb. 1. Miles Atkins has announced that he will seek re-election as Mayor of Mooresville in 2023. Miles was first elected as a Commissioner At-Large in 2007, and then as mayor in 2011. He said he understands the complexities of municipal governance and can leverage his experience to be a strong voice in Raleigh and […]
Construction on the Sunset Cove lake-front resort could start this year
Jan. 5. By TL Bernthal. Developer Brett Krueger announced the last hurdle for Sunset Cove has been take care of, allowing plans for a lakefront boutique hotel, restaurant and 283 multi-family condos on 15.5 acres in Mooresville. Krueger took to social media to say that Mooresville approved annexation of the property this week, which has […]
United Bankshares reports 17% increase in 2Q earnings
Aug. 1. United Bankshares (NASDAQ: UBSI) reported second quarter earnings of $95.6 million, or $0.71 per diluted share, as compared to earnings of $81.7 million, or $0.60 per diluted share, for the first quarter of 2022. The quarter was highlighted by continued loan growth, net interest margin expansion and strong credit quality metrics. Annualized loan […]
BestCo expansion in Mooresville means 394 new jobs
Feb. 17. BestCo will invest $177 million to increase production capacity at its plant in Mooresville creating 394 jobs. The manufacturer of over-the-counter pharmaceutical, vitamin, and supplement products. The payroll impact is expected to be more than $20.1 million a year. The project is estimated to grow the state’s economy by $2.8 billion. Economic incentives […]
