HAPPY THANKSGIVING! :: click here to view the 2015 Christmas Gift Guide!

Click for Franklin, North Carolina Forecast

Features Business & Finance

At the end of July, news broke that the Holly Springs Plaza was sold to the highest bidder for $3.7 million. The online auction company who handled the sale, DTZ Reality, was not able to confirm the wining bidder but as of Tuesday morning, the deed had been recorded confirming that Ingles Markets purchased the property.

On Wednesday morning, Rhonda Moore with the Real Estate Department of Ingles Markets, Inc. confirmed the purchase.

"Ingles did purchase the shopping center known as Holly Springs Plaza in Franklin, NC," However, I am not at liberty to discuss any future plans."


Twenty-seven years ago, a local doctor set out to create a facility to help families lead healthier lifestyles.

With a goal "of providing a place where the average Macon County citizen and their families could enjoy all the benefits of regular exercise at an affordable price," Dr. Ed Morris set out to bring that place to Franklin. After several years of leg work that included a feasability report, hiring a consulting company, raising money from local families and a local bank, The Franklin Health and Fitness Center opened its doors in August 1988 and had just 10 employees.


Members of the community stopped by Angel Medical Center on Monday night to wish CEO Jim Bross well during the next chapter of his life.

Bross announced his resignation of the hospital earlier this month after three years leading the facility.



Macon Bank, the wholly-owned subsidiary of Entegra Financial Corp. (NASDAQ: ENFC) (Entegra) has announced that it has entered into an agreement with Arthur State Bank to acquire two bank branches in Anderson and Chesnee, S.C. The two branches have approximately $42 million in deposits and $9 million in loans. Macon Bank will pay a deposit premium of approximately 2.87% as part of the deal.

“We are thrilled to announce the acquisition of these two branches as we continue to expand our franchise into upstate South Carolina said Roger Plemens, president and Chief Executive Officer of Entegra. “In addition to our soon to open Greenville branch, these branches will provide us with a stronger presence in the Upstate as we continue to execute upon our strategic priorities of seeking accretive acquisition opportunities, diversifying into higher growth contiguous markets, leveraging our capital, and positioning the Company for long-term independence.”


Page 3 of 88


Christmas Gift Guide 2015

Grab your copy on newsstands today!  

Macon County News is now on:
Find the Macon County News on Facebook! and Find the Macon County News on twitter!
Facebook   Twitter