Surry Business

As predicted, home sales fell in October, according to the Winston-Salem Regional Association of Realtors. The number of units sold fell by more than 10 percent from a year ago and total dollar volume was down 16 percent from October 2006. Sales dropped in all sizes in single-family homes — two bedrooms or less, three […]

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The board of directors at Insteel Industries Inc. (Nasdaq: IIIN) in Mount Airy has authorized the company to repurchase up to $25 million of its outstanding common stock over the next 12 months. The repurchases may be made from time to time in the open market or in privately negotiated transactions subject to market conditions, […]

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Tony Chilton, AIA, president of Design Inc., a subsidiary of John S. Clark Company in Mount Airy, has received the LEED Accredited Professional designation. The Leadership in Energy and Environmental Design (LEED) Green Building Rating Systemâ„¢ is the nationally accepted benchmark for the design, construction, and operation of high-performance green buildings. LEED gives building owners […]

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A Christmas Open House in Downtown Mount Airy will begin with Santa’s arrival at 10:30 a.m. Dec. 8 on Main Street. Santa Claus will be downtown until 4:30 p.m., accepting wish lists and posing for candid photographs with youngsters. The Grace Moravian Brass Band will perform from 1 to 2 p.m. in front of Barney’s […]

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Lowe’s Companies Inc. (NYSE: LOW), the world’s second-largest home improvement retailer, this week reported net earnings of $643 million for the quarter ended Nov. 2, 2007, a 10.2 percent decline over the same period a year ago. Diluted earnings per share fell 6.5 percent to $0.43 from $0.46 in the third quarter of 2006. For […]

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When people in North Carolina hear about an economic-development incentive, it’s usually in connection with attracting a new business. However, existing industries may qualify for incentives, too. Ron Leitch, an economic development representative for the N.C. Department of Commerce says a qualifying company may earn $12,500 for each job and 7 percent of all investment […]

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Surry County-based Mobys Coffee has opened its third Winston-Salem store. The new Christian coffee house is at 102 W. Third St. off Liberty Walk. The company in October opened stores in the former Wendy’s restaurant at 619 Deacon Boulevard and at 193 Summit Square Boulevard off Hanes Mill Road. Both feature live Christian bands on […]

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UPS (formerly known as United Parcel Service) will increase rates for U.S. ground, air-express and international shipments by an average 4.9 percent, effective Dec. 31. FedEx Corp. will raise its air-shipping rates effective Jan. 7, 2008, by an average of 4.9 percent. The increase will apply to air shipping within the United States and to […]

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Four of the Piedmont Triad region’s 20 largest wineries produce their wines in Surry County, according to an annual industry survey produced by The Business Journal of the Greater Triad. The biggest winery in the 12-county northwest North Carolina region is Shelton Vineyards at 286 Cabernet Lane in Dobson, which between September 2006 and September […]

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This week’s edition of Yes! Weekly in Greensboro reports the inside story of a media battle between two daily newspapers based in Mount Airy. “Two rival newspapers duke it out in Surry County” by staff writer Amy Kingsley uses court documents to describe the “dastardly plot” conceived by publishers Mike Milligan, then with The Mount […]

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