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Uwharrie Capital announces stock repurchase plan

April 1. Uwharrie Capital Corp., holding company for Uwharrie Bank, will repurchase up to $1 million of its common stock. The company may repurchase shares on the open market or through privately negotiated transactions. “Based on a recent independent valuation of our stock, trades do not reflect the value of our company. At current trading […]

Mooresville new corporations: March 2021

These businesses registered with the North Carolina Secretary of State  1/19/21 Nomad’r Lifestyle Company LLC, Laura O’Rourke, 138 Long Cove Ln. 28117 1/19/21 Portofino’s Enterprises LLC, Jacquelyn Overcash, 447 Tuskarora Trl. 28117 1/19/21 Sparrows Nest Creations LLC, Leona Jean Kofoed, 112 Gilden Way 28115 1/19/21 Tutz LLC, Maiesha Ray, 460 Hillside Dr. 28115 1/19/21 UU […]

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Mecklenburg new corporations: March 2021

These businesses registered with the North Carolina Secretary of State  Cornelius 1/19/21 Joey Schnople Counseling LLC, Joseph Mark Schnople, 18829 Avery Park Dr., Cornelius 1/20/21 D and N Pressure Washing LLC, David Boyd, 18803 Coachmans Trace, Cornelius 1/20/21 Motyl Sky LLC, Diwaskar Adhikari, 21911 Satilla Dr., Cornelius 1/20/21 Ram Jam LLC, Alyssa Marie Ramsey, 16524 […]

Uwharrie upgrades to OTCQX Best Market

March 16. Shares in Uwharrie Capital, holding company for Uwharrie Bank, began trading today on OTC Markets Group’s OTCQX® Best Market. The company qualified to trade on the OTCQX and upgraded from the Pink market. OTC Markets Group operates financial markets for approximately 11,000 U.S. and global securities. Uwharrie Bank is a community banking organization […]

Brewery paying $1.799 million for downtown Huntersville property

March 12. Huntersville’s old police station will change hands for $1.799 million, pending Town Board approval Monday March 15. The buyer: 760 Craft Works which is expected to open a craft brewery. “We are excited to have 760 Craft Works bring to our downtown a brewery. Its location on the currently being constructed greenway trailhead […]

Co-working space opening in downtown Concord

March 4. The “Cabarrus Center” has opened in downtown Concord in the former Cabarrus Saving Bank. Flywheel, a business which creates co-working communities, will manage programming. Flywheel founder Peter Marsh said the Cabarrus Center is looking for aspiring entrepreneurs, existing businesses to learn, grow, and accelerate their businesses through education, networking, and mentoring. The collaborative […]

Free MBA level course for ’emerging leaders’ from SBA

March 2. The SBA is looking for 18-20 Charlotte-area business owners to apply for the next SBA Emerging Leaders class. The executive-level course training initiative is designed to give business owners a three-year, tailored strategic growth plan to help bring their business to the next level. Executives must commit to approximately 100 hours of classroom […]

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DEQ extends testing of private wells near Colonial Pipeline spill

Feb. 25. The NC Dept. of Environmental Quality (DEQ) has found several deficiencies in the Comprehensive Site Assessment (CSA), submitted by Colonial Pipeline on Jan. 20. DEQ issued a Notice of Continuing Violation detailing the necessary actions to continue the clean-up in earnest. “After a recent tour of the pipeline leak site with representatives from […]

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Huntersville project expected to jump-start downtown revitalization

Feb. 18. A mixed-use project with retail, high-end apartments and modern townhomes that will be built by Cornelius-based North State Development will be the largest private development/investment in downtown in a quarter century, according to Mayor John Aneralla. The 10-acre site is next to Discovery Place Kids. The full build-out value of the project is […]

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Businesses, high school students network via Zoom

Feb. 13. Lake Norman Economic Development in conjunction with the Lake Norman Education Collaborative held a virtual speed networking event for Hopewell, Hough and North Mecklenburg high schools. The event gives high school students a chance to learn about a variety of jobs and industries, according to Huntersville Mayor Pro-Tem Melinda Bales. “Being that this […]