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Archive By Section - Business


State FY14 budget includes $50M for port deepening

The $50 million in additional port deepening funds proposed by Gov. Nathan Deal has been approved by the state legislature and now awaits the governor's signature.

April 04, 2013 | Staff report | Business


Work begins on new Dollar General

The group building a new store in Rincon has wasted little time in getting its site ready.

April 01, 2013 | By Patrick Donahue | Business


Effingham Health System awarded Komen grant

The Coastal Georgia Affiliate of Susan G. Komen for the Cure will award $345,000 for community services that will fund everything from educational programs to screening mammograms, including Effingham Health System's comprehensive education and screening program.

March 28, 2013 | Staff report | Business


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


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Articles by Section - Business


Former chairman Webb thanked for his service to Effingham IDA

Dennis Webb returned to the Effingham Industrial Development Authority to receive the board's gratitude.

April 21, 2015 | By Patrick Donahue | Business


Chamber prepares for second annual job fair

The Effingham Chamber of Commerce is finalizing plans for its second job fair.

April 21, 2015 | By Patrick Donahue | Business


State unemployment rate stays stable at 6.3 percent

ATLANTA-The Georgia Department of Labor announced that the state's seasonally-adjusted unemployment rate for March was 6.3 percent, unchanged from February, matching its lowest level since July 2008. The rate was 7.3 percent a year ago.

April 21, 2015 | Staff report | Business


Savannah ports hit new monthly record in TEUs

The Georgia Ports Authority increased containerized cargo in March by 27.8 percent compared to the same month a year ago, for an additional 72,499 20-foot equivalent container units (TEUs).

April 21, 2015 | Staff report | Business


Amid fanfare, Tanger Outlets open to throng of shoppers

With confetti raining down among the mist Thursday morning, the Tanger Outlet Center in Pooler opened to cheers, fanfare and television stars.

April 21, 2015 | By Patrick Donahue | Business


FONU2 announces new Web site

FONU2 announced that it has updated its Web site to reflect the strategic direction of the company.

April 14, 2015 | Staff report | Business


SBDC seminar to show ‘Location Isn’t Everything’

The Savannah Small Business Development Center, a public service and outreach unit of the University of Georgia, will present "Location Isn't Everything" on April 28 from 6-8:30 p.m. at the SBDC, 111 E. Liberty St.

April 14, 2015 | Staff report | Business


Local companies seeking manufacturing workers

The Georgia Department of Labor will help staffing company Ambassador Personnel hire 18 manufacturing workers for companies in Savannah, Pooler and Bloomingdale.

April 09, 2015 | Staff report | Business


Burns World Travel on the move

The Effingham Chamber of Commerce recently held a ribbon cutting for Burns World Travel, which has moved to a new location.

April 07, 2015 | Staff report | Business


Metro jobless rate falls to 6 percent

ATLANTA - The Georgia Department of Labor announced that Metro Savannah's unemployment rate for February was 6.0 percent, down four-tenths of a percentage point from 6.4 percent in January. The rate in February 2014 was 7.3 percent.

March 31, 2015 | Staff report | Business


FONU2 acquires Applebox Productions

FONU2, Inc., announced Tuesday it has signed definitive agreements to acquire Applebox Productions.

March 31, 2015 | Staff report | Business


Bennett named IDA chairman as Webb steps down

The Effingham Industrial Development Authority's board is under new leadership, as one of its most senior members was voted in as chairman Thursday night.

March 24, 2015 | By Patrick Donahue | Business


Studio CEO ‘happy’ with progress

The head of the massive movie studio complex to be built in Effingham County told members of the Effingham Industrial Development Authority that progress continues to be made on the project.

March 24, 2015 | By Patrick Donahue | Business


Retiring Tanksley to be honored at reception

The Effingham Herald and CEO Charles H. Morris will host a reception for retiring Effingham Herald Publisher Karen Tanksley on April 2 from 4-5:30 p.m. at the community room at Effingham Chamber of Commerce, 520 W. 3rd Street in Springfield, according to Joe McGlamery, regional vice president for Morris' southeast Georgia publications.

March 24, 2015 | Staff report | Business


Another big month for ports

The Georgia Ports Authority marked strong and sustained growth across all major markets in the month of February, including bulk, breakbulk, autos and machinery, and containerized freight.

March 24, 2015 | Staff report | Business


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