Business
LKN hotelier has luxury pedigree
By Dave Vieser. When Brett Krueger left his job as VP at Miami based MRK Investments, one of the first projects he dreamed of pursuing was a resort hotel on Lake Norman. “For a region where lake activities are such a major part of life, the lack of a high-quality lodging facility right on the […]
Cataler plans 2nd plant in NC in Hickory
Dec. 18. Cataler North America, a major manufacturer of catalysts for automobiles and engines, will spend $42 million on a new manufacturing plant in Hickory, creating 151 jobs. Cataler North America is a wholly-owned subsidiary of the Cataler Corp., a Japanese-based firm that operates seven plants across the globe. Cataler North America, established in 2002, […]
Microsoft to create 500 new jobs in Wake
Dec. 17. Microsoft Corp. will invest $47.5 million and add 500 new jobs in the Wake County town of Morrisville, just west of Raleigh. This comes on top of an expansion announced in Charlotte that will create 430 jobs with a $23 million investment. “When tech giants choose North Carolina, they join a thriving […]
Guest Opinion: No need to support billionaires
OPINION. Dec. 18. Former Mecklenburg County Commissioner Jim Puckett sent this letter to Mayor Vi Lyles and Charlotte City Council Dear Mayor, Council members: I am writing in hopes you will reconsider investing in Major League Soccer. I would propose a more impactful and prudent investment. I believe the better and more inclusive of those […]
TDS boss sees continued growth for Continuum
By Dave Vieser. If you thought TDS Telecom is buying the former Mi-Connection just to be a caretaker, think again. TDS has big plans for the cable system now known as Continuum. It serves Mooresville, Davidson and Cornelius, but it’s owned by Mooresville and Davidson. Voters approved the sale to TDS for $80 million in […]
Mayor Aneralla: Focus on road improvements
By Dave Vieser. Fresh on the heels of a convincing re-election victory, Huntersville Mayor John Aneralla views the start of the long-awaited Main Street upgrade as the town’s marque project heading into the New Year. He feels the improvements will be a major step forward for businesses, as well as the town’s 55,000 residents. Aneralla […]
Huntersville Chamber CEO apologizes to mayor
Dec. 6. By Dave Yochum. [UPDATE 3pm] Two heads are better than one, but not if the heads are the same. At least that’s what CEO Jill Swain learned after the Huntersville Chamber e-newsletter went out. In a Frankensteinian example of photoshopping, someone removed Mayor John Aneralla’s head and put another guy’s head in its […]
Be the leader who surprises your team
Leading with Grace By Ginny Mackin. Max Goodwin, the fictitious medical director on “New Amsterdam,” is terminally optimistic. He jogs the halls of the hectic TV hospital looking for opportunity and purpose. “How can I help?” is his mantra. How can he help the burned-out emergency room docs who are working accident victims? How can […]
SOLD OUT: Economic Outlook/Newsmakers Breakfast Dec. 13
Two top-ranking business leaders—one a nationally known economist, the other a nationally regarded CEO—will be the featured speakers at the Newsmakers Breakfast Dec. 13 at The Peninsula Club. The Q&A over breakfast will focus on regional and national trends in the economy. Mark Vitner is the managing director and senior economist at Wells Fargo Securities, LLC, where he […]
FDIC data shows bank deposits soared in Cornelius, Huntersville
By Dave Yochum. New market share reports from the Federal Deposit Insurance Corp. show big gains in bank deposits in North Mecklenburg, particularly in Cornelius and Huntersville. Between June of 2015 and June of 2019, deposits in Huntersville soared 56.7 percent to $1.29 billion. In Cornelius deposits rose 35.9 percent to $1.098 billion. Davidson banks—there […]
