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Business

This category contains 206 posts
featured_aquestabankbuilding

Trickle up, trickle down: Tax reform = bonuses

Dec. 22. Tax reform will enable Cornelius-based Aquesta Financial Holdings to give a $1,000 bonus to all employees in January, according to CEO Jim Engel. “Decreased tax rates will allow Aquesta Bank to continue to grow by accelerating lending to small businesses and hiring additional team members to help with that growth,” Engel said. The […]

Signage: Hello Sailor sign will have a retro look

The Cornelius Planning Board has granted a variance for Katy and Joe Kindred’s new restaurant “Hello Sailor.” It means a retro-looking 31.1 square foot sign will go up at the intersection of West Catawba Ave and Henderson Road. The long-awaited opening of Hello Sailor, located in the old Rusty Rudder space, is now projected for […]

RSVP for Top Women Champagne Reception & Mini Expo

By Katie P. Sherman. Twenty-one successful women will be recognized at the 2017 Top Women in Business Awards, one of the oldest and largest events honoring women in Lake Norman and Cabarrus County. This year’s Top Women finalists are a diverse group, ranging from small business owners to physicians and Realtors. Business Today’s Top Women […]

Aquesta reports lower net

July 23. Aquesta Financial Holdings reported unaudited net income during the second quarter of 2017  fell to $482,000 (15 cents per share) compared to second quarter of 2016 net income of $623,000 (20 cents per share). Total assets were $356.6 million at the end of the second quarter vs. $353.1 million at year-end. “The primary […]

Newsmakers Sticky

Newsmakers Breakfast: How SC is going after our freight

Mecklenburg County Commissioner Jim Puckett and former Lake Norman Chamber Chairman John Hettwer will be in the hot seat(s) at Business Today Newsmakers Breakfast May 17 at The Peninsula Club. The topic during the audience-driven question and answer session is South Carolina’s growing advantage in interstate commerce. Both men are active in the anti-toll leadership, […]

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OMB p​roject in ​j​eopardy​; Bradford asks for talks​

April 25. By Dave Vieser. The failure of the State Legislature to expand the annual 25,000 barrel cap for craft breweries may not have flattened the Olde Mecklenburg Brewery economic development project. NC Rep. John Bradford hopes to save it with a Hail Mary compromise that would raise the production cap for craft brewers. At […]

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New hotel plan: ‘I don’t think you’ve got it right’

April 25. By Dave Vieser. A plan to build a seven-story hotel on five acres at the intersection of West Catawba Avenue and Waterview Drive received a chilly reception at its first public airing Monday. Members of the town’s Pre-development Review Committee didn’t dismiss the possibility of a hotel at the site, but they were […]

ProposedHotel

​H​otel propos​al back​ for W​.​ Catawba

​April 21. By Dave Vieser​. ​They’re baaack: Scaled-down plan​s​ ​for a multi​-​story hotel on​ West Catawba Avenue ​will come back before Cornelius government officials. The original 14​-​story proposal went nowhere six months ago​ after plenty of neighborhood opposition.​ Officially known as the Robbins Park Hotel, the plans submitted by Kingston, Jamaica​-​based Millingen Architects, on behalf […]

AcropolisCitgo

Acropolis, a Cornelius icon, closing April 30

  April 18. By Dave Vieser. Whether you’ve enjoyed breakfast or the Greek favorites which have been served at the Acropolis Cafe and Grille on Catawba Avenue for over a decade, take note: the Cornelius mainstay is closing its doors for good on Sunday April 30. The property is being sold to make way for a 5,700 square-foot QT convenience […]

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Fire at ‘Sushi at the Lake’ closes W. Catawba

  April 11. A fire late Tuesday afternoon at Sushi at The Lake had West Catawba closed heading eastbound at 4:30 pm, at the beginning of the afternoon rush. But the fire was out and neither first responders nor restaurant employees were injured. Firefighters from Cornelius-Lemley Volunteer Fire Department and Davidson were on the scene, at 19732 […]