Business
United Community Banks completes acquisition of Aquesta
Nov. 1. By Dave Yochum. United Community Banks, which has officially taken over Aquesta Financial Holdings, is erecting new signage on the Jetton Road headquarters of the local bank. It marks the end and the beginning of two financial institutions in Cornelius. Aquesta, founded by Jim Engel and other investors in 2006, had $752 million […]
Firebirds opens Nov. 9 in Birkdale Landing
Oct. 29. Firebirds Wood Fired Grill will open Nov. 9 in 5,600 square feet of space in the new Birkdale Landing mixed-use development across Hwy. 73 from Birkdale Village. The 21-year-old chain, based in Charlotte, launched in Piper Glen with a single location and has since has grown to 54 restaurants in 19 states. The […]
More details of Birkdale Village makeover
Oct. 26. The makeover at Birkdale Village continues with a new paint scheme and plans to make the 52-acre project a go-to “third place” or community gathering space taking shape between now and next summer. Sociologist Ray Oldenburg says a third place is where people spend time between home and work—our first and second places. […]
United Bankshares reports earnings
Oct. 26. United Bankshares reported third quarter earnings of $92.2 million, or $0.71 per diluted share, as compared to earnings of $103.8 million, or $0.80 per diluted share, for the third quarter of 2020. “Our earnings continued to be strong in the third quarter of 2021 as we earned net income of $92.2 million, diluted […]
Resilience comes from responsibility and resolve
BUSINESS ADVICE | By Cheryl Kane So we continue moving through these COVID times. Regardless of the trials, we can continue to learn and adapt. Let us be encouraged that the resilience we need may come from the responsibility we hold for each other, our duties and for taking care of ourselves. Duty and a […]
$19.2 million expansion brings 133 new jobs to Catawba
Oct. 15. Pöppelmann Plastics USA , a supplier for Metrolina Greenhouses in Huntersville, will invest more than $19.2 million at its manufacturing campus in Catawba County. The German company, a leading manufacturer of plastic components and parts with more than 2,500 employees worldwide, focuses on plastic pots and cultivation systems for the commercial horticulture industry. […]
blueharbor bank reports much higher 3Q
Oct. 14. Mooresville-based blueharbor bank reported third-quarter net income rose 74 percent to $1,375,837 from $789,152 during the same quarter last year. For the nine months ended Sept. 30, net income was $3,597,426, compared to $2,305,302 for the same period last year. Loan growth “Our organic loan growth continues to be very strong at […]
Davidson announces new round of COVID funds for small retailers
Oct. 13. The Davidson Board of Commissioners has announced another round of the Davidson COVID Business Support Grant worth $50,000 in total. A qualifying Davidson business can apply for up to $4,000 in grant funds to be used for COVID-related items that help to keep them operating. The grants, which use American Rescue Plan funds, […]
VLN lands 2 tourism industry awards
Oct. 11. Visit Lake Norman, the convention and visitors bureau headquartered in Cornelius, received two awards for destination marketing at the North Carolina Tourism Industry Association conference. VLN received a gold award in the leisure category for the Escape to the Lake marketing campaign as well as another gold in the community stakeholders category for […]
Meet the Kennedys, e-bike entrepreneurs
Oct. 8. Tom Kennedy and Grace Kennedy, co-owners of Pedego Electric Bikes Lake Norman in Antiquity, have opened a genuine mom-and-pop business in Antiquity in Cornelius. Their two children lend a hand as well, but the husband-wife duo is all-in when it comes to entrepreneurship in the fast-growing world of e-bikes. They rent and sell […]
