Recent Posts
Waterbean eyes new locations as business nears 6-year mark
Five years and five locations later, Tony Vo, the entrepreneur behind Waterbean has secured his own coffee farm in Vietnam. “We will eventually have coffee shipped directly from Vietnam to our stores. It’s like having your own garden,” he says. Vietnam is the second largest coffee exporter, after Brazil. However, the majority of coffee from […]
Sprizzi not coming to Cornelius after all
Aug. 5. By Dave Yochum. Plans for the much-heralded Sprizzi Bev-Co. operation in the old Michael Waltrip Raceworld complex on Liverpool have fizzled out. An unnamed entity is buying Sprizzi for an undisclosed amount, according to Tim Goff, the president and CEO of Sprizzi. In December, Cornelius officials said they expected Sprizzi would create 250 […]
Billion-dollar industry becomes more legitimized every day
By Erica Batten. The question of whether to legalize the medical use of marijuana is about more than just the health effects, but the potential for cannabis products to treat chronic pain, anxiety, insomnia and inflammation, among other potential medicinal benefits, is what typically starts the conversation. Medical marijuana is already legal in 15 states, […]
Cabarrus County government targeted in social engineering scam
July 29. Cabarrus County officials released details of a social engineering scam that diverted a $2,504,601 vendor payment made by the County. Of that total, $1,728,082.60 remains missing. The County intended to send the money to Roanoke, Va.-based Branch and Associates Inc., which serves as general contractor for construction of West Cabarrus High, a new […]
Puckett will run for his old seat on Meck County Board of Commissioners
July 29. Jim Puckett, the well-known District 1 Mecklenburg County Commissioner, who lost his re-election campaign last year, says he will go after his old seat next year. The president of Electro Painters was exploring a run for Lt. Governor or NC Commissioner of Labor, but ”with the recent irrational and indefensible actions of the Mecklenburg County […]
Nominations open for 15th annual Top Women in Business
The 2019 judges for Business Today’s 15th Annual Top Women leadership awards include women leaders from the worlds of business and politics in Lake Norman and Cabarrus. Apply and nominate online. All four are prior winners: Cabarrus County Commissioner Diane Honeycutt; Business Today columnist Cheryl Kane; Cornelius-based Aquesta Marketing Director Laura Engel; Mecklenburg County Commissioner […]
Residential outlook remains positive for owners, sellers
The astronomical gains in home prices around much of the country are slowing down, but Charlotte resale prices are still climbing at a moderate pace. Charlotte home prices rose 4.2% year over year, according to Case-Shiller, part of the S&P CoreLogic Indices. The rate of home price increases across the U.S. continues to slow, but […]
Aquesta announces strong 2Q results
July 23. Aquesta Financial Holdings, parent of Aquesta Bank, said net income for the second quarter of 2019 ended June 30 was $1,188,000 compared to second quarter of 2018 net income of $2,031,000. The net income for the second quarter of 2018 included a one-time gain of $1.4 million on Aquesta’s sale of its insurance […]
Education spending: A tale of three counties
July 16. By Debbie Griffin. As each county completes its budgeting process and sets a tax rate, companies throughout Cabarrus, Iredell and Mecklenburg counties have the tax data they’ve been missing and needing to plug into various business-finance formulas. Each county had until June 30 to approve a budget, including a tax rate for the […]
2019 Top Women Nominations Form
To Nominate someone (or yourself), please fill out the form below and hit Submit. Deadline: Aug. 30.
