Business
PreGel America plans to invest $14.4 million in Concord plant
PreGel America will invest $14.4 million for equipment and to expand its Concord operations. The Cabarrus County Board of Commissioners and Concord City Council approved a three-year, performance-based tax incentive totaling $249,900 for Cabarrus County and $171,360 for the City of Concord. PreGel America makes semi-finished dessert ingredients and supplies. Headquartered in Reggio Emilia, Italy, […]
New Corporations – November 2017
These businesses have registered with the N.C. Secretary of State. Cabarrus County 10/23/17 Kenna LLC, Kenneth A. Diblasi, 350 George W. Liles Pkwy. NW, Concord 10/23/17 La Bonne Vie LLC, Linda La, 9916 Violet Cannon Dr. NW, Concord 10/23/17 Mike’s Deli and Bagels Inc., Michael Mishkin, 5303 Poplar Tent Rd., Ste. 110, Concord 10/23/17 Optima […]
Incoming chamber chair rooted in investments, business
By Dave Yochum. A behind-the-scenes name in Cornelius business and local GOP politics will be out there more next year. Joshua Dobi takes over the volunteer reins of the Lake Norman Chamber of Commerce. The incoming chairman at age 42 is already a quiet force having hosted a number of fundraisers and campaign openings for […]
SBA lending hits record level during FY 17, ended Sept, 30
The U.S. Small Business Administration placed a record amount of funding into the hands of North Carolina small businesses during the fiscal year ended Sept.30. The SBA guaranteed 1,460 loans for over $849 million. For the second year in a row, SBA loans in North Carolina exceeded three-quarters of a billion dollars. SBA lending activity […]
Growth vs. aesthetics: Never-ending battle
By Dave Vieser. The economic engine of the Golden Crescent continues to purr along nicely, but it looks like developers will have to pay more attention to context. The challenge facing local officials is balancing development with preserving natural beauty, heritage and aesthetics. In Davidson, the Beaty Street project pitted the town’s unique aesthetics—and apparently […]
Open enrollment: It’s not as open as it was before
By Erica Batten. Shopping for health insurance? ‘Tis the season. The enrollment period for 2018 plans offered through the federal marketplace runs from Nov. 1 through Dec. 15, half as long as last year’s 90-day period. This is also the first time the enrollment period will expire before the end of the year. In 2016, […]
In an Amazon world, cities market seriously
By Kate Stevens. Three years ago, the city of Kannapolis, a former mill town also known for the North Carolina Research Campus, the Music Hall of Fame and hometown of Dale Earnhardt, was at a crossroad. The city’s population had exploded especially near its western edge along N.C. Hey. 73. At the same time, city […]
Alton Updike will open Table 31 in LangTree in Mooresville
By Dave Vieser. Restaurateur Alton Updike, the owner of Alton’s Kitchen & Cocktails in Cornelius, is taking his skills to the old Block & Grinder space in LangTree Lake Norman. The new 6,000 square foot eatery, called Table 31, will open early next year. Updike views this as a golden opportunity to grow, while at […]
Top Women in Business: Celebrate Class of 2017
By Katie Piccirillo Sherman. Business Today recognized 14 women business leaders who have had a substantial impact on their community. This dynamic group of ladies has weathered both good and bad times and adapted, learning new skills while still maintaining an admirable service record in the community. Their professional accomplishments and record of giving back were […]
MI-Connection renamed but the sizable debt remains
By Dave Vieser. Say goodbye to Mi-Connection and hello to Continuum. Ten years after Mooresville and Davidson bought the old Adelphia Cable System, Mi-Connection has a new name. While the change gives the company a fresh coat of paint and a platform for more new services, it does not erase the debt that taxpayers in […]
