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Subdivision approved after developer changes proposal (access required)

A proposed 440-home residential development that was vehemently opposed by residents of two counties became a proposed 338-home residential development that was endorsed by those same residents on Wednesday night. And after protest petitions were withdrawn that would have required a supermajority vote, the Kannapolis City Council voted unanimously to approve the River Pointe at Davidson development.

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Lowe’s names senior vice president (access required)

Lowe’s Companies, Inc. (NYSE:LOW) announced today that Michael P. McDermott will join the company as senior vice president and general merchandising manager- building and maintenance, a new position. McDermott will be responsible for the Lumber & Building Materials, Millwork, Hardware & Tools and Rough Plumbing & Electrical divisions.

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SBA loan filing deadline approaching (access required)

The U.S. Small Business Administration is reminding small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes that Sept. 23 is the filing deadline for federal economic injury disaster loans available in Mecklenburg and Union counties as a result of drought between Nov. 15, 2012, and Jan. 21, 2013.

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