Mooresville
Atkins will seek another term as mayor in Mooresville
Feb. 1. Miles Atkins has announced that he will seek re-election as Mayor of Mooresville in 2023. Miles was first elected as a Commissioner At-Large in 2007, and then as mayor in 2011. He said he understands the complexities of municipal governance and can leverage his experience to be a strong voice in Raleigh and […]
Construction on the Sunset Cove lake-front resort could start this year
Jan. 5. By TL Bernthal. Developer Brett Krueger announced the last hurdle for Sunset Cove has been take care of, allowing plans for a lakefront boutique hotel, restaurant and 283 multi-family condos on 15.5 acres in Mooresville. Krueger took to social media to say that Mooresville approved annexation of the property this week, which has […]
United Bankshares reports 17% increase in 2Q earnings
Aug. 1. United Bankshares (NASDAQ: UBSI) reported second quarter earnings of $95.6 million, or $0.71 per diluted share, as compared to earnings of $81.7 million, or $0.60 per diluted share, for the first quarter of 2022. The quarter was highlighted by continued loan growth, net interest margin expansion and strong credit quality metrics. Annualized loan […]
BestCo expansion in Mooresville means 394 new jobs
Feb. 17. BestCo will invest $177 million to increase production capacity at its plant in Mooresville creating 394 jobs. The manufacturer of over-the-counter pharmaceutical, vitamin, and supplement products. The payroll impact is expected to be more than $20.1 million a year. The project is estimated to grow the state’s economy by $2.8 billion. Economic incentives […]
blueharbor bank reports much higher 3Q
Oct. 14. Mooresville-based blueharbor bank reported third-quarter net income rose 74 percent to $1,375,837 from $789,152 during the same quarter last year. For the nine months ended Sept. 30, net income was $3,597,426, compared to $2,305,302 for the same period last year. Loan growth “Our organic loan growth continues to be very strong at […]
Mooresville new corporations: April 19-May 15, 2021
These businesses registered with the North Carolina Secretary of State 4/19/21 Affordable Apartment Housing LLC, Frank Baldasare, 591 Isle of Pines Rd. 28117 4/19/21 Bryan’s Heating & Cooling LLC, Charlene Clarke, 727 Heatherly Rd. 28115 4/19/21 Kimberlys Kleaning LLC, Kimberly Aponik, 144 Hampshire Dr. 28115 4/19/21 Red Eye Freight Brokers and Dispatchers LLC, Tyerra Shaonna […]
JRi Shocks moving to new space in Mooresville
May 27. JRi Shocks is expanding and moving to to 116 Infield Court in Mooresville in June. JRi Shocks manufactures high-performance shock absorbers for various racing and street applications. The company was founded in 2007 by Jeff Ryan, a 40-year innovator in the world of automotive shocks. NASCAR Hall of Famer Ray Evernham bought JRi […]
Lowe’s picks Charlotte for tech hub
June 29. Mooresville-based home improvement company Lowe’s will bring 1,600 new jobs to a new $153 million technology center in Charlotte. Fopur hundred employees will be relocated from Mooresville. Average annual salaries will be over $114,000. Lowe’s received $54 million in incentives, helping Charlotte land this project over Dallas, Texas. The 23-story Design Center Tower will […]
NASCAR Hall of Famer Ray Evernham acquires JRi Shocks
Nov. 15. Motorsports icon and NASCAR Hall of Famer Ray Evernham has acquired Mooresville-based JRi Shocks for an undisclosed amount. Evernham will be involved in all areas of the business, including marketing and sales strategy, new product design and operations. JRI founder, Jeff Ryan, will continue to play a key role in the organization as both […]
Former Burlington Mill converting to millennial-friendly office
By Dave Yochum. Look for more retail space to be converted to office space—a growing trend in commercial real estate. Indeed, some 60,000 square feet of space that was Merino’s Home Furnishings near downtown Mooresville will be turned into office space after the end of this month. “The conversion of retail to office is a […]
