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Metro jobless rate falls to 7.8 percent

ATLANTA - The Georgia Department of Labor announced Thursday that metro Savannah's unemployment rate declined to 7.8 percent in February, down five-tenths of a percentage point from 8.3 percent in January. The rate was 8.7 percent in February a year ago.

March 28, 2013 | Staff report | Business


GSU to host community bank symposium

Georgia Southern University's Center for Excellence in Financial Services and the Georgia Bankers Association will host the seventh annual Community Bank Symposium on March 27 from 7:30 a.m.-2:45 p.m. at the Forest Heights Country Club in Statesboro.

March 25, 2013 | Staff report | Business


Georgia Ports mark February tonnage increase

Georgia Ports Authority Executive Director Curtis Foltz reported strong growth for February, with an increase of 6.9 percent - or 147,650 tons - in total cargo compared to the same month last year, moving 2.27 million tons of freight in February.

March 25, 2013 | Staff report | Business


State jobless rate falls to lowest in 4 years

ATLANTA - The Georgia Department of Labor announced that Georgia's seasonally adjusted unemployment rate dipped to 8.6 percent in February, the lowest rate since January 2009. The rate was down one-tenth of a percentage point from 8.7 percent in January and six-tenths of a percentage point from 9.2 percent in February 2012.

March 21, 2013 | Staff report | Business


Studio liked what it saw from Effingham

It didn't take long for Medient Studios to like what it saw in Effingham County and make the decision to build their movie and DVD production in Effingham.

March 21, 2013 | By Patrick Donahue | Business


CEO: ‘Nothing quite like it in the world’

It's not just the size and scope of the Medient Studios project that makes it stand out, according to CEO and Chairman Manu Kumaran.

March 21, 2013 | By Patrick Donahue | Business


Curtain rises on Effingham project

Evoking one of cinema's most renowned closing lines of a movie, Manu Kumaran ushered in a partnership between his company and the Effingham Industrial Development Authority.

March 21, 2013 | By Patrick Donahue | Business


IDA prepares for 'major' prospect

The Effingham Industrial Development Authority is on the verge of signing a prospect who could change the economic landscape of the county, according to sources.

March 18, 2013 | By Patrick Donahue | Business


Health care law carries burdens and lots of questions

The effects of the Affordable Care Act could be as long as the document itself, according to Tim O'Hayre of BB&T Insurance Services.

March 18, 2013 | By Patrick Donahue | Business


Jobless rate rises to 7.8 percent

ATLANTA-The Georgia Department of Labor announced Thursday that the unemployment rate in metro Savannah rose to 8.3 percent in January, up two-tenths of a percentage point from 8.1 percent in December. The rate was 8.9 percent in January 2012.

March 14, 2013 | Staff report | Business


Rafter Law Firm cuts the ribbon

Rick Rafter celebrated the official opening of his law practice and office in Springfield with a ribbon cutting.

March 14, 2013 | Staff report | Business


HeritageBank of the South purchases LaGrange bank

ALBANY - Heritage Financial Group, Inc. (NASDAQ: HBOS), the holding company for HeritageBank of the South, has announced that HeritageBank of the South has entered into a definitive whole-bank purchase and assumption agreement with the Federal Deposit Insurance Corporation to acquire Frontier Bank, a full-service bank based in LaGrange.

March 11, 2013 | Staff report | Business


State unemployment rate holds steady at 8.7 percent

ATLANTA - The Georgia Department of Labor announced Thursday that Georgia's seasonally adjusted unemployment rate for January was 8.7 percent, unchanged from December. The rate was 9.3 percent in January a year ago.

March 07, 2013 | Staff report | Business


Medical supplier Dukal picks Savannah as port

Dukal Corporation, a leading supplier of disposable medical products, has chosen the Port of Savannah as its major port of entry and established new distribution center space in Savannah's Foreign Trade Zone.

March 07, 2013 | Staff report | Business


A big day for EFACEC

EFACEC Power has completed the largest power transformer built in the U.S. in decades, a 900 MVA (megavolt ampere) unit. It is the largest not just for its rating but also for its size.

February 28, 2013 | Staff Report | Business


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Articles by Section - Business


IDA to seek annexation for Research Forest parcel

The Effingham Industrial Development Authority has agreed to ask Rincon to annex a portion of the Research Forest Tract, provided the city follows through on a set of stipulations.

November 26, 2014 | By Patrick Donahue | Business


Moon River’s schedule gets the OK from IDA

The development schedule for a planned massive Effingham County movie production facility is finished and in the hands of the Effingham Industrial Development Authority.

November 24, 2014 | By Patrick Donahue | Business


Restaurant to thank customers before closing doors

It will be customer appreciation day at Baibry's Wednesday, as its owners and staff thank its legion of loyal patrons.

November 24, 2014 | By Patrick Donahue | Business


Investment firm buys EFACEC

A manufacturer of power transformers that has called Effingham County home for three years has been purchased by a private investment firm.

November 19, 2014 | Staff report | Business


Dr. William Kohloff joining Effingham Health System

Effingham Health System welcomes Dr. William J. Kolhoff as a hospitalist and primary care physician. He will be joining Dr. John Bennett and Dr. Claude Sanks in caring for Effingham Hospital's inpatients as a hospitalist and he will be the primary care physician at Effingham Family Medicine in Rincon.

November 18, 2014 | Staff report | Business


A record month for ports

The Georgia Ports Authority announced Monday that its terminals in Brunswick and Savannah moved a combined 2.79 million tons of freight in October, a record for the authority.

November 18, 2014 | Staff report | Business


IDA to review plans for Research Forest Tract

Effingham Industrial Development Authority members will meet Thursday to discuss the Research Forest Tract.

November 11, 2014 | By Patrick Donahue | Business


PSC hearings on Vogtle report to start today

The Georgia Public Service Commission will begin hearings today on the Georgia Power Company 11th Plant Vogtle construction monitoring (VCM) report in Docket 29849. The hearing will start at 10 a.m. in Room 110 at the Commission offices at 244 Washington St., S.W. Atlanta. Additional hearings are scheduled for Dec. 16 and Jan. 20, 2015.

November 05, 2014 | Staff report | Business


Storie named executive assistant at Moon River

Moon River Studios, Inc., has announced the appointment of Aubrey Storie as executive assistant to the chief executive officer.

November 05, 2014 | Staff report | Business


Georgia named No. 1 state to do business

Gov. Nathan Deal announced Monday that Georgia, for the second consecutive year, has been ranked the No. 1 state in the nation for business by Site Selection magazine, one of the nation's top economic development trade publications.

November 04, 2014 | Staff report | Business


Prospective buyer eyes purchase of EFACEC

Effingham Industrial Development Authority members have approved amending its memorandum of understanding with EFACEC and approving a transfer and assumption to a new company.

October 29, 2014 | By Patrick Donahue | Business


IDA OKs Moon River master plan

After weeks of wrangling and discussion, the Effingham Industrial Development Authority has given the go-ahead to a massive studioplex's master plan.

October 28, 2014 | By Patrick Donahue | Business


Smith named chief nursing officer at Effingham Health

Effingham Health System has appointed Betsy Smith as its chief nursing officer.

October 28, 2014 | Staff report | Business


Effingham jobless rate drops to 6.1 percent

ATLANTA - Effingham County's unemployment rate shrank in September, even as the labor force grew, according to Georgia Department of Labor statistics.

October 23, 2014 | Staff report | Business


Spencer, well-traveled flag find a home at Moon River

The flag has been in Trenton Spencer's go bag all across the globe.

October 23, 2014 | By Patrick Donahue | Business


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