Business
Vietnamese automaker will invest $2 billion in NC factory
March 29. VinFast, the Vietnamese automaker with a new line of electric vehicles, will build its first North American automotive assembly and battery manufacturing plant in the Triangle Innovation Point megasite in Chatham County. The $2 billion investment will create 7,500 jobs, but President Joe Biden said the overall investment will be on the order […]
Status of NC women varies dramatically by county
March 29. The NC Department of Administration’s Council for Women and Youth Involvement released the 2022 Status of Women in North Carolina: Poverty and Opportunity Report. Among the key findings: NC women earn a median income of $36,400 and an average of $8,600 less than men. Produced in partnership with the Institute for Women’s Policy […]
Upscale dine-in cinema opens in North Charlotte
March 28. Cinergy Entertainment Group has opened a luxury dine-in cinema in 47,000 square feet of space in north Charlotte—close enough to other cinemas to give them a run for their money. The Dallas, Tex.-based theater chain taps into the fast-growing family indoor entertainment industry. In addition to upscale cinema amenities, some Cinergy locations feature […]
Developer puts Barium Springs on the map
March 25. By Erica Batten. A Lake Norman developer who has transformed more than 120 acres in Sherrills Ford has now set its sights on Barium Springs in what could be the largest planned development in the Lake Norman region. The build-out could be under way much of this decade. In Troutman and Statesville Cornelius-based […]
‘No Chat’ app works in a flash
ENTREPRENEUR | March 23. Why talk, when you could just flash your phone screen to communicate with a bartender, for example, or a friend at a concert? Indeed, Matthew Hagens’ “No Chat” app lets you send a virtual billboard message like “close my tab” or “can I have another round” in any setting where verbal […]
First Bank officially takes over Select
March 21. First Bancorp, the parent company of First Bank, has officially taken over Select Bank, which had an office on West Catawba at Nantz Road. Southern Pines based First Bank gained 11 locations with the acquisition of Select, including Sylva, Highlands, Franklin, the Ballantyne area of Charlotte, Elizabeth City, Cornelius, Dunn, Clinton, and Goldsboro; […]
Office communications: Get a new groove
BUSINESS ADVICE | By Cheryl Kane March 15. New hires aren’t the only ones who don’t know a lot about their organizational teams today. As doors open to welcome people back to work in person, much has changed after 20+ months of working remotely. We need fresh ways to get our groove back. Why? • […]
Will prime coastal real estate stay afloat?
March 15. By Dave Yochum. The United States is expected to experience as much sea level rise in the next 30 years as it has in the past 100 years, meaning coastal flooding in the Carolinas will be a more frequent event. The Sea Level Rise Technical Report from the National Oceanic and Atmospheric Administration […]
Mecklenburg new corporations: Jan. 18-Feb. 15
These businesses registered with the North Carolina Secretary of State Cornelius 1/18/22 Modlin & Londry IX DDS PLLC, David Michael Modlin Jr., 19810 W. Catawba Ave. A1, Cornelius 1/19/22 Solution Home Buyers LLC, Jarred Fenlason, 19825-B North Cove Rd. #180, Cornelius 1/19/22 Sweetgrass Farms LLC, Jacob J. Palillo Sr., 17532 Sail View Dr., Cornelius 1/19/22 […]
Hot Properties: Million-dollar home sales
Here are the recent home sales over $1 million from Jan. 26-Feb. 18, 2021. $2,400,000 William Harris & Robert Anderson to Nicholas & Caroline Howell, 17424 Sail View Dr., Cornelius $2,285,500 Jean & Robert Hall Jr. to Ryan & Laura Messenger, 20118 Bascom Ridge Dr., Cornelius $1,150,000 Norman & Sarah gordon to Lelanya & Joseph […]
