Business
Mecklenburg new corporations: June 16-July 15
These businesses registered with the North Carolina Secretary of State. Cornelius 6/16/22 Jim Keeley Contracting LLC, Jim Keeley, 18742 Nautical Dr. Apt. 206, Cornelius 6/16/22 ReeseCocrane LLC, Reese Cocrane, 20511 Pointe Regatta Dr., Cornelius 6/17/22 Belose Services LLC, Ana Beltran, 11220 Suunto Ln., Cornelius 6/17/22 First Choice Capital Group LLC, Cynthia D. Griffin, 18201 Town […]
Allen Tate acquires leading Asheville real estate firm
Aug. 2. Allen Tate Realtors, in partnership with Howard Hanna Real Estate Services, has acquired Beverly-Hanks Realtors, the leading independent real estate brokerage in Asheville. Allen Tate will now operate a total of 70 local real estate offices spanning the Charlotte, Triad, Research Triangle, High Country, Highlands/Cashiers and Asheville/Mountain regions of North Carolina and the […]
Forza X1 electric boat will be built in NC
Aug. 1. By Dave Yochum. Forza X1 will construct a $10.5 million plant in Western North Carolina that will build 24-foot electric-powered boats that could revolutionize boating on Lake Norman the way Tesla is revolutionizing the automotive industry. The Florida-based company—whose marketing pitch is “The Power of Quiet”—could employ as many as 170. “While the […]
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 […]
Corkscrew losing lease in Birkdale Village
July 28. By TL Bernthal. Yes, it’s true: Corkscrew wine pub has to leave Birkdale Village in Huntersville. Corkscrew recently received official notification from Birkdale Village owners that the wine pub is not part of the reimagined retail center and its lease would not be re-negotiated, according the Joseph Klosek, the general manager at Corkscrew […]
Take a look: 7 new shops in Birkdale Village
July 27. Seven new shops and restaurants are coming to Birkdale Village. This news comes on the heels of the reopening of the first revamped section of “The Grove” near Regal Cinemas as part of the ongoing, $20 million redevelopment of the center. North American Properties (NAP) announced today that these businesses are opening: Foxcroft […]
Atrium hospitals in Charlotte, Cabarrus garner top US News & World Report rankings
July 27. US News & World Report released its “Best Hospitals” ranking with Atrium Health hospitals taking the top three spots in the Charlotte region. The Atrium Health Carolinas Medical Center and and Atrium Health Cabarrus were ranked as top hospitals in the region. The Carolinas Medical Center cancer surgeries and treatments also were recognized […]
Inclusion can create a stronger team
By Cheryl L. Kane July 25. Strong companies with longevity are those who adapt quickly to change. This is often because they share and put new information from customers, suppliers, and competitors to use, fast, much faster than other companies. How do they collect and put information to work so fast? How do they get […]
Colonial spill much larger than previous estimate
July 22. Colonial Pipeline says the gasoline spill in Huntersville was actually 47,600 barrels—2 million gallons—more than twice previous estimates. The spill, first identified on Aug. 14, 2020, is the worst in North Carolina. Colonial says it has recovered more than 35,500 barrels to date, approximately 75 percent of the updated release estimate. “We will […]
Cornelius family property on the market for $22 million
July 20. A sprawling 80-acre lakefront parcel—owned by members of the Cornelius family—has gone on the market for $22 million. The lakefront property at 229 Homer Lane in Mooresville has more than a fifth of a mile of shoreline. Valérie Dulude and Hanes Walker of Premier Sotheby’s International Realty in Charlotte have the listing. The […]
