Cabarrus
Clyde Higgs leaving NCRC
Sept. 15. Clyde Higgs, executive vice president of operations and business development for the North Carolina Research Campus, will step down this month to become the chief executive officer of Atlanta Beltline, a multi-billion dollar economic development project in Georgia. In April he took over the campus leadership position from Lynne Scott Safrit, who also resigned. He […]
Cabarrus visitor spending checks in at $400 million
Aug. 12. Visitor spending in Cabarrus County hit $400 million last year, up 7.6 percent from 2013 levels. The Cabarrus increase was the second-highest percentage gain in the state. Cabarrus County lodging experienced a 12 percent increase in room demand in 2014. The tourism business, driven in large part by the Speedway, generated $28.95 million in […]
Uwharrie reports gains in second quarter
July 24. Second-quarter net income at Uwharrie Capital Corp and its subsidiary, Uwharrie Bank, climbed nearly 11 percent this year vs. last. For the three-month period ended June 30, the financial institution earned $660,000 compared to $596,000 for the same period in 2014, a 10.74 percent improvement. Also for the second quarter of this year, net […]
City of Kannapolis establishes in-house planning department
By Dave Yochum. The City of Kannapolis has a brand new planning department, a reflection of the growth that is expected ahead. Benchmark Planning, an outside consulting firm, had conducted the town’s planning business, including code enforcement, since the 1980s, according to Kannapolis spokesperson Annette Privette Keller. The new in-house municipal department will cost about the […]
Strategic Investment Advisors is now Uwharrie Investment Advisors
July 9. Uwharrie Capital Corp. has changed the name of it’s wealth management subsidiary, Strategic Investment Advisors, to Uwharrie Investment Advisors Inc. The Albemarle-based financial company says the anchor name of the parent company provides a single, cohesive presence. Uwharrie Capital and its subsidiaries, which serve Anson, Cabarrus and Stanly counties, dates back more than […]
Transportation improvements on the road to Cabarrus County
By Dave Vieser. While state and local officials continue to debate the wisdom of constructing toll lanes on I-77, there’s a clear road ahead for widening I-85 in Cabarrus County. The $243 million needed for the project is being funded the old fashioned way—by the state. The interstate widening is actually just one of several major […]
Cabarrus is a model for how to accomplish critical infrastructure
Cabarrus County has done quite well, thank you, in the world of NCDOT and improvements to infrastructure. In fact, it’s one of the South’s largest transportation and distribution centers, thanks to widening projects to Interstate 85, providing quicker access to both Charlotte and Raleigh. And thanks, also, to a sustained group effort among top business […]
