Monitoring the economic pulse of the Triad
Greensboro business pulse
• Virginia College opens V’s Student Cosmetology Services on South Holden Road on July 29. Cosmetology students will provide haircuts, styling, hair treatments, braiding, extensions, body care, nail care and makeup services under the direct supervision of licensed cosmetology instructors.
• CFL Mortgage, a branch of Sierra Pacific Mortgage, opened a 6,200-squarefoot office on Battleground Avenue between Benjamin Parkway and Wendover Avenue on July 18. CFL Mortgage, which was launched as a two-person operation in 2006, has expanded to a staff of 12. “We decided to move into a larger and more visible office space because we see a huge opportunity in the real estate market moving forward,” Michael Brosmith said in a prepared statement. “Economic conditions have improved nationwide and the housing market has begun to rebound nicely…. We want to be in position to take full advantage of the economic and housing recovery.”
• Thompson-Arthur Division of APAC-Atlantic of Greensboro and Blythe Construction of Charlotte have received contracts from the NC Department of Transportation for roadwork in Guilford County.
Thompson-Arthur landed a $1-million contract to resurface Wendover Avenue from the bridge of Battleground Avenue to the bridge over West Market Street. Blythe Construction is being paid $1.4 million to widen three miles of NC Highway 61 in the northeastern corner of the county and resurface parts of Rock Creek Dairy Road, Sharpe Road, Hines Chapel Road and Air Harbor Road.