Mooresville Nc

Twenty years ago this fading mill town faced its own mortality. The minimum-wage jobs stitching blue denims were disappearing fast and when Mayor Joe Knox convened the first meeting of a new economic development board, his opening words sounded like an obituary: "We're getting ready to go broke."

Twenty years ago this fading mill town faced its own mortality. The minimum-wage jobs stitching blue denims were disappearing fast and when Mayor Joe Knox convened the first meeting of a new economic development board, his opening words sounded like an obituary: "We're getting ready to go broke."

When Danica Patrick became a rookie sensation in 2005 in what is now the Izod IndyCar Series, she capped the year with a race in Southern California. Five years later, IndyCar's most popular driver might make her NASCAR stock-car racing debut at the same location. Patrick, who recently announced plans to try stock-car racing on a limited basis next year in NASCAR's second-tier Nationwide Series, said Thursday that she plans to enter the Feb. 20 Nationwide race at the Auto Club Speedway in Fontana.

Damon Bradshaw of Mooresville, N.C., rode to victory in Saturday night's American Motorcyclist Assn. supercross race in San Diego.

Microsemi Corp. said Tuesday that it is selling General Microcircuits Inc., a circuit board assembler, for $5 million in cash and a $2-million note due over five years. Microsemi said it is shedding the North Carolina company to focus on its core business of providing power semiconductors. A group of investors, including some General Microcircuits executives, is buying General Microcircuits. The Mooresville, N.C., circuit board assembler has annual revenue of about $13 million, Microsemi said.

Lowe's Cos. executives said they expected sales to begin rising again in fiscal 2010 as the housing market stabilizes, even as consumers have changed the way they approach home improvement projects in the recession. Still, the 2010 earnings outlook for the Mooresville, N.C., home improvement chain disappointed investors, and shares fell 88 cents to close at $21.07. Lowe's reiterated guidance for fiscal 2009 of $1.13 to $1.21 a share, with sales down about 3%.

The bar where Rob Moroso drank beer before his fatal accident on Sept. 30 was not to blame for the wreck that killed the rookie NASCAR driver and another person, North Carolina's Alcohol Law Enforcement division said. The division said it found no evidence of irresponsible alcohol service by any establishment visited by Moroso. According to the North Carolina Highway Patrol, Moroso, 22, was driving in excess of 75 m.p.h. on a state highway near Mooresville, N.C.

Flipping through door after door on display at her neighborhood Home Depot as if they were pages in a magazine, Debbie Megliorino envisioned her next home improvement project: a bedroom upgrade for her 1950s-era home in Burbank. But for the 53-year-old postal clerk, the shopping excursion was a bit of a surprise. Instead of a frustrating amount of time finding "the guy in the orange vest" to help her, she said she got attention right away. "A lot of times it's been hard to get someone to help me," Megliorino said.

Bobby Dotter of Mooresville, N.C., performed a daring move for the lead, and it paid off in a victory in the Home Depot 250 NASCAR Winston West race Saturday night at Irwindale Speedway. On lap 202, with John Borneman III, Steve Portenga and Dotter running nose to tail first, second and third, Dotter went low on the apron in Turn 3 while Portenga went high, sandwiching Borneman. They went three wide through Turns 3 and 4 with Dotter's Chevrolet Monte Carlo emerging the leader.

The Pentagon today identified the man killed Thursday in the crash of a Navy helicopter in the Persian Gulf as Lt. (j.g.) James F. Lazevnick, 25, the co-pilot of the helicopter. Lazevnick's home of record was listed by the Pentagon as Paulsboro, N.J. However, Rep. Roy Dyson (D-Md.) said Lazevnick's wife and family live in Waldorf, Md. Three men remain missing in the aftermath of the crash, the Pentagon said. They were identified as Lt. William E. Ramsburg, 31, of Scotland, S.D.

Continuing its recent acquisition binge, Santa Ana-based Microsemi said it has purchased a North Carolina computer products company and increased its stake in a San Jose technology firm to 80%. Microsemi, a semiconductor products manufacturer, has agreed to purchase General Microcircuits of Mooresville, N.C., for an undisclosed amount of cash. General Microcircuits, with annual sales of about $1 million last year and 32 employees, manufactures custom-printed circuit boards for computers.