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Archive By Section - Business


Effingham IDA sets budget for upcoming fiscal year

The Effingham Industrial Development Authority has approved a $6.49 million budget for its coming fiscal year, making no significant changes to its draft budget.

June 30, 2014 | By Patrick Donahue | Business


Shareholder sues Medient

A Medient shareholder has filed suit against its current board of directors and its ousted CEO and board chairman, claiming the company has breached its fiduciary duty and the defendants are guilty of "gross mismanagement."

June 30, 2014 | By Patrick Donahue | Business


Rural Physician Bus Tour makes a stop at Effingham Health System

Effingham Health System hosted physicians, health care organization representatives and health information technology experts June 25 during a Rural Physician Bus Tour, an event designed to provide information and technical assistance on the Meaningful Use Attestation process.

June 30, 2014 | Staff report | Business


Morgan re-elected to Georgia Health Care Association board

Effingham Health System Chief Executive Officer Norma Jean Morgan recently was re-elected to the Georgia Health Care Association board of directors at the summer board meeting.

June 30, 2014 | Staff report | Business


SEC halts Medient stock trading

The ousted CEO and chairman of the board has filed suit against the remaining Medient Studios board members, and the Securities and Exchange Commission has suspended trading in Medient's stock until July 9.

June 26, 2014 | By Patrick Donahue | Business


CNBC rates Georgia tops for business

Gov. Nathan Deal is celebrating the announcement by CNBC that named Georgia as the No. 1 place for business in the nation.

June 26, 2014 | Staff report | Business


Slight rise in unemployment for Coastal Georgia

ATLANTA - The Georgia Department of Labor announced Thursday that the unemployment rate in the Coastal Georgia region increased to 7.5 percent in May, up eight-tenths of a percentage point from 6.7 percent in April. The rate was 8.1 percent in May a year ago.

June 26, 2014 | Staff report | Business


IDA holds off on Medient supplemental agreement

A supplemental project agreement between the Effingham Industrial Development Authority and a film studio planning to build a massive production facility in Effingham is on hold, as the studio reorganizes its leadership.

June 23, 2014 | By Patrick Donahue | Business


Site selector gets option on part of Treutlen site

The Effingham Industrial Development Authority has entered into a purchase option with site selector for about 21 acres at the Governor Treutlen site.

June 23, 2014 | By Patrick Donahue | Business


Foster to retire as bank’s leader

FCB Financial Holdings, Inc., parent of First Chatham Bank, has announced the retirement of Brian Foster as president and CEO of both the holding company and bank.

June 23, 2014 | Staff report | Business


Walters named new GPA board chairman

The Georgia Ports Authority board of directors elected James A. Walters of Gainesville to serve as chairman.

June 23, 2014 | Staff report | Business


State jobless rate jumps to 7.2 percent

ATLANTA - The Georgia Department of Labor announced Thursday that Georgia's seasonally adjusted unemployment rate for May was 7.2 percent, up three-tenths of a percentage point from a revised 6.9 percent in April. The preliminary rate for April was 7.0 percent, but it was revised down one-tenth of a percentage point. The rate in May of last year was 8.4 percent.

June 19, 2014 | Staff report | Business


County renews hotel-motel tax pact with Chamber

The Effingham Chamber of Commerce's tourism efforts will get a continued boost, after the county commissioners approved extending the hotel-motel tax for another year.

June 16, 2014 | By Patrick Donahue | Business


New Medient CEO: Studio anxious to make movies

New Medient Studios chief executive officer Jake Shapiro said the company will get to the essence of its being - that of making movies.

June 16, 2014 | By Patrick Donahue | Business


WRRDA bill signing hailed as victory for harbor deepening

With President Obama's signing Tuesday of the Water Resources Reform and Development Act of 2014, the Savannah Harbor Expansion Project (SHEP) is authorized to begin construction.

June 13, 2014 | Staff report | Business


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Articles by Section - Business


Studio not only item on IDA’s menu

When a company planning a massive project in the community changes its name, it takes a little getting used to.

September 01, 2014 | By Paul Floeckher | Business


Mapping how to attract, keep tourists

Effingham County could shape itself into a draw for tourists, if enough resources are applied to making it happen, a state tourism official said Thursday.

August 25, 2014 | By Patrick Donahue | Business


Jobless rate nudges upward

ATLANTA - The Georgia Department of Labor announced that Effingham County's preliminary unemployment for July was 6.6 percent, up from June's rate of 6.4 percent. The rate is down from the July 2013 mark of 7.1 percent.

August 25, 2014 | Staff report | Business


Area economy back on the fast track

ST. SIMONS ISLAND - As director of Armstrong State University's Center for Regional Analysis, Michael Toma has been a bearer of grim economic tidings over the last several years. But Thursday morning, his remarks on the region's outlook appeared to be much more well-received.

August 21, 2014 | By Patrick Donahue | Business


IDA waits for answers on Medient master plan

While Effingham Industrial Development Authority members expect to get the master plan for Medient Studios' project, they also still have a slew of questions.

August 21, 2014 | By Patrick Donahue | Business


State jobless rate up to 7.8 percent

ATLANTA - The Georgia Department of Labor announced Thursday that Georgia's seasonally adjusted unemployment rate for July was 7.8 percent, up four-tenths of a percentage point from 7.4 percent in June. The rate in July of last year was 8.3 percent.

August 18, 2014 | Staff report | Business


Medient unveils revised master plan

A studio planning on building a massive complex in Effingham County hopes to have its first building up and ready by the end of the year.

August 14, 2014 | By Patrick Donahue | Business


Georgia Ports hit all-time high in container traffic in July

The Georgia Ports Authority reached an all-time high in container trade in July, moving 293,889 20-foot equivalent container units, a 19.2 percent increase over the previous year.

August 14, 2014 | Staff report | Business


Chamber membership drive rolls on

The Effingham Chamber of Commerce's drive has brought in 27 new members, one renewal and two members upping their involvement to members of distinction level, Chamber Executive Director Rick Lott said.

August 11, 2014 | Staff report | Business


Savannah SHRM chapter hosts annual retreat

The Savannah Area Chapter of the Society of Human Resource Management hosted their annual HR retreat for 125 attendees from Georgia, Florida and South Carolina on July 24 in downtown Savannah at the Embassy Suites.

August 11, 2014 | Staff report | Business


Medient ready to deliver revised master plan

The new master plan for a planned massive film production studio could be in the hands of Effingham County officials as soon as Friday, the studio CEO said.

August 07, 2014 | By Patrick Donahue | Business


Governor praises film industry impact on state

Georgia-lensed feature films and television productions generated an economic impact of $5.1 billion during fiscal year 2014, Gov. Nathan Deal announced.

August 07, 2014 | Staff report | Business


Annual farm tour gets into county’s agribusiness

The annual Effingham County Young Farmers tour let participants see how advanced agriculture has become - and get a glimpse of a burgeoning new agribusiness endeavor.

August 04, 2014 | By Patrick Donahue | Business


SouthCoast undergoes a rebranding, name change

The Savannah-based medical organization formerly known as SouthCoast Medical Group has re-branded officially as SouthCoast Health. The change will be reflected in the organization's name, logo, Web site and overall visual identity.

August 04, 2014 | Staff report | Business


Zeigler earns personal financial representative title from Allstate

Effingham County's Dusty Zeigler is among an elite group of Allstate insurance agency owners who recently earned the personal financial representative title.

August 04, 2014 | Staff report | Business


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