Nov. 11. The Kannapolis City Council will consider tax incentives for Linder Industrial Machinery which plans to build a regional headquarters on Davidson Highway. The company, which sells earth moving and paving equipment, plans a 39,000 square foot facility with a total investment of $7.6 million, over the next five years. The firm will relocate 40 […]
By Marty Price. Teaching primary grades for 14 years, before helping her late husband build the successful Ben Mynatt dealerships in Concord for another 16 years, prepared Grace Mynatt for the top echelon of Cabarrus County politics. Elected to the Board of Education in 1993, she served as both chair and vice-chair before leaving in 2006 […]
By Dave Yochum. Millennials aren’t golfing like their parents and grandparents, but they’re a force smart golf course operators are reckoning with. Besides buying homes in golf communities, millennials constitute a market that can only grow in terms of club membership, daily play and equipment. Millennial golfers 6.4 million millennial golfers 26% of all golfers 90 […]
Oct. 21. Dole Food Co wants to move its East Coast Fresh Fruit Sales Division to the North Carolina Research Campus in Kannapolis. City Council will consider offering Dole an incentive grant at the Monday council meeting. The sales division has 19 employees in administration, sales, marketing, nutrition and food safety. Annual salaries range from […]
By Marty Price. Nationally, new home sales have risen to the highest levels since 2007, but they’re still below the peak level of 1.39 million units in July 2005. July was the first month that the rate exceeded 600,000 since early 2008. Before the recession, the last full year below that mark was in 1991. “Home […]
Oct. 3. Experts might not agree on the best or the right recipe for rapid economic growth, but some cities have figured out the key ingredients and how to stir the pot just right to sustain long-term prosperity. Patterns emerge within those cities, allowing people to identify the contributing factors that perpetuate quality growth. Our very […]
Sept. 28. Two Cabarrus County programs received recognition from the North Carolina Association of County Commissioners for bringing innovative approaches to improving local government services. The NCACC also recognized Cabarrus County Board of Commissioners Chair Steve Morris and Vice Chair Diane Honeycutt for their work on professional development. The County’s Elected Officials Summit meetings and Community […]
By Marty Price. Small cities across the nation are trying to court private investors to revitalize their downtowns. Kannapolis and Concord can be counted among the many municipalities that have recognized that private investment will build up their downtowns while increasing revenue through taxes. Kannapolis has started the process, with private developers ready to invest millions […]
Sept. 8. The International Trade Administration says the Charlotte-Concord-Gastonia metro area exported a record $14.0 billion in goods last year. Charlotte totals increased by $1.1 billion, or 8.5 percent, from 2014 to 2015, and is one of the 63 metro areas to achieve record export levels last year. Key merchandise export categories included transportation equipment, non-electrical machinery and […]
By Katie Piccirillo Sherman. Gov. Pat McCrory says North Carolina is experiencing an economic comeback, but it looks like Cabarrus County deserves much of the credit. Fifty-five counties throughout the state actually have fewer jobs than they did before the Great Recession and 75 counties have more people seeking work. But Cabarrus County is a star […]