Business
Novant Health lands top spot in nationwide diversity ranking
July 6. Novant Health is No. 1 nationwide in Diversity MBA Magazine’s 2021 ranking of “Best Places for Women & Diverse Managers to Work.” Diversity MBA is a national leadership organization integrating diversity and inclusion with talent management. Novant Health was last recognized by Diversity MBA in 2020, when the not-for-profit healthcare system ranked No. […]
Clean energy industry brought $40B to NC since 2007
June 24. An economic impact study done by RTI International says the business of clean energy brought $40 billion to North Carolina over the last 14 years. Renewable energy project investment in 2020 totaled $1.6 billion—more than 60 times the $26.2 million invested in 2007, according to RTI, which is based in Research Triangle Park. […]
Peninsula mansion sells for $6.25 million
June 22. A home on Flying Jib Road in The Peninsula has sold for $6,250,000. The six-bedroom, 9,894-square-foot mansion on Lake Norman across from the Peninsula Yacht Club changed hands last week for a cool $632 per square foot. The home was listed by Lance Carlyle of Cornelius-based Carlyle Properties. The home on Flying Jib […]
Construction begins on $90 million senior ‘resort’ in Huntersville
June 17. Construction on Symphony Park, a luxury independent living resort for seniors, began Thursday with a groundbreaking ceremony that included Huntersville’s Mayor John Aneralla, local officials, designers BB + M Architecture, and landscape architects and civil engineers Cole, Jenest & Stone. The $90 million resort is set to open in the fall of 2022, […]
Knoll America will bring US HQ, 31 new jobs to Gaston County
June 16. Knoll America, a supplier of conveyor systems, filter systems and metal processing pumps, will bring its US headquarters to Gaston, along with more than two dozen jobs. The company, which will also collaborate with Gaston College to set up apprenticeship programs, will invest more than $7.8 million in the headquarters and manufacturing facility. […]
Novant: COVID by the numbers
June 15. Nearly 16 months after the first coronavirus cases hit North Carolina, Novant Health says it has administered more than 500,000 doses of the COVID-19 vaccine. “Half-a-million doses is an incredible achievement and represents the countless hours of planning, implementation and dedication that went into our pandemic response,” said Carl S. Armato, CEO of […]
Gov. Cooper drafts ambitious wind power plan
June 9. By Dave Yochum. Hoping to provide power to 2.3 million homes by 2040, Gov. Roy Cooper this morning announced ambitious new targets for offshore wind energy development as part of a transition to a clean energy economy. “Offshore wind power will help North Carolina create jobs and generate economic development while helping us […]
Plan your COVID comeback with people in mind
BUSINESS ADVICE | By Cheryl Kane June 8. Whew! Since March 2020 COVID-19 has put sales under enormous pressure. It placed unimaginable burdens on some and created extraordinary opportunities for others. Did you learn to pivot? Sales managers and business leaders had their own customized terms for the special circumstances they faced. What all businesses […]
UCB will buy Aquesta in stock/cash deal valued at $131 million
May 27. Aquesta Financial, the only banking company headquartered in North Mecklenburg, is being acquired by United Community Banks in a deal valued at $131 million. The transaction is expected to be completed in the fourth quarter. Jim Engel, CEO of Aquesta, said the bank needed a partner with a larger balance sheet and expanded […]
Credit Karma to add 600 jobs; average pay $156K
May 25. Credit Karma, a personal finance technology company, will invest more than $13 million in a high-tech engineering hub in Charlotte, adding 600 new jobs. Credit Karma, a unit of Intuit, is a consumer technology platform best known for providing more than four billion free credit scores to consumers. The company has more than […]
