Surry Business

For and about business in Surry County, N.C., including Dobson, Elkin, Lowgap, Pilot Mountain and Mount Airy

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Entries from November 2007

Fibrowatt USA has its eye on site east of Elkin

November 14th, 2007 · No Comments

A 125-acre site east of Elkin and north of the Yadkin River in Surry County is one of the locations Fibrowatt USA might choose for its next bio-fueled power-generating station. Company officials met the public at a “community open house” Tuesday in the N.C. Cooperative Extension Service’s office in Dobson where they outlined plans for […]

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Tags: Businesses · Utilities

Home sales fall in area, unsold inventory rises

November 13th, 2007 · No Comments

Even if no one put another house up for sale in the Piedmont Triad between now and Easter 2008, the present inventory of homes on the market might not be cleared before the Fourth of July. Real-estate agents and brokers in the 12-county Piedmont Triad region, which includes Surry County, sold 2,636 existing single-family homes […]

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Tags: Businesses · Real estate

Piedmont Triad Business Index charts small gain

November 13th, 2007 · No Comments

Economic activity in northwest North Carolina warmed up slightly in September, despite job losses as plants closed in Mount Airy, according to the Piedmont Triad Business Index created by Dr. Donald Jud of the Bryan School of Business & Economics at the University of North Carolina-Greensboro. The Piedmont Triad Index was up 0.3 percent in […]

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Tags: Economic development

Prepare now for next year’s taxes

November 13th, 2007 · No Comments

The North Carolina General Assembly made a number of changes in the state’s tax laws which may affect your company’s finances in 2008. The N.C. Department of Revenue describes what’s new in the “2007 Tax Law Changes” on its web site. Listed below are links to each section of the document. Title Page Introduction Table […]

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Tags: Businesses · Finance

Retail sales report shows midsummer slump

November 13th, 2007 · No Comments

Taxable retail sales in Surry County fell to $41.1 million in July, according to a new report from the North Carolina Department of Revenue. Surry County’s taxable retail sales totaled $65.2 million in July 2006 and $48 million in July 2005. Mount Airy’s taxable retail sales were $22.6 million in July 2007, $37.2 million in […]

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Tags: Businesses

Fibrowatt might choose Surry County for new power plant

November 9th, 2007 · No Comments

The public can learn more about Fibrowatt USA, a company planning to build a renewable-energy power-generating plant in North Carolina, when the N.C. Cooperative Extension Service hosts a “community open house” from 4 to 7 p.m. Tuesday, Nov. 13, at the Surry County Extension Service’s office, 210 N. Main in Dobson. It’s no secret that […]

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Tags: Agriculture · Businesses · Economic development · Utilities

More entrepreneurs repurposing vacant industrial plants

November 7th, 2007 · No Comments

The loss of textile, apparel and furniture manufacturing in North Carolina has left the state littered with vacant industrial facilities, but there’s growing interest in adaptive reuse and repurposing of those buildings for residential housing. Landmark Asset Services, a division of The Landmark Group, turned one such building into Globe Tobacco Lofts at 838 S. […]

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Tags: Businesses · Construction · Economic development

Pike Electric earnings rise despite lower revenue

November 7th, 2007 · No Comments

Pike Electric Co. (NYSE: PEC) of Mount Airy, N.C., on Tuesday reported higher first-quarter earnings despite a decline in revenues. Total revenues for the quarter that ended Sept. 30, 2007, were $139.7 million, $10.2 million less than in the comparable quarter a year ago. Storm restoration revenues alone were down $7.5 million to $4.8 million […]

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Tags: Businesses · Utilities

John S. Clark Co. to build $10.6-million athletic center

November 7th, 2007 · No Comments

John S. Clark Co. in Mount Airy will build a $10.6-million athletic and aquatics center for Brunswick Community College in Supply, N.C. The contractor’s Wilmington office will supervise the project. Jerry Winegar is the project manager, Tom Beach the estimator and Sam Pace is the construction superintendent. The complex was designed John Sawyer Architects and […]

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Tags: Businesses · Construction

Torres family builds multi-million-dollar business

November 7th, 2007 · No Comments

Alicia and Gabriel Torres came from Mexico to Mount Airy, N.C., in 1986 with little money, but a lot of determination to work hard and earn a better life in the United States. Twenty-one years later, they’ve built a multi-million-dollar business, Eagle Carports Inc., that recently paid $700,000 for the 132,000-square-foot former apparel plant where […]

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Tags: Businesses · People