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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


Work plugs along as studio waits on master plan approval

It will be an extra four weeks for the Moon River Studios' master plan to perhaps meet the Effingham County commissioners' approval, but the chairman of the company's board doesn't believe that will slow much down.

June 30, 2015 | By Patrick Donahue | Business


FONU2 launches new site for company, studio

FONU2, Inc has announced the launch of its new Web site. The Web site www.fonu2.com is intended to provide greater visibility and information to all of the company's stakeholders.

June 30, 2015 | Staff report | Business


Armstrong center's report: Local economy surging

Armstrong State University's latest Coastal Empire Economic Monitor reports the Savannah-metro economy is experiencing impressive growth even as the rest of the nation struggles. Positive gains were led by expansion in port activity, electricity sales, tourism, retail sales and overall employment growth.

June 30, 2015 | Staff report | Business


All-time high in volume, tonnage for Georgia Ports

The Georgia Ports Authority set all-time records for both container volumes and total tonnage in May with strong growth across several key business sectors.

June 30, 2015 | Staff report | Business


Walters re-elected as GPA chairman

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

June 30, 2015 | Staff report | Business


Effingham jobless rate rises to 5.3 percent

The Georgia Department of Labor announced that unemployment in Effingham County was 5.3 percent in May, up from April's figure of 4.9 percent.

June 30, 2015 | Staff report | Business


Effingham Health System's Morgan to lead GCHA board

Georgia Health Care Association members have elected Norma Jean Morgan, chief executive officer of the Effingham Health System, as chair of the GHCA board of directors. Morgan will provide guidance and direction to the association that represents long term and post-acute care providers serving communities throughout the state of Georgia.

June 23, 2015 | Staff report | Business


IDA to help STC manufacturing expansion gear up

SAVANNAH-At its May meeting, the Effingham Industrial Development Authority voted to support the expansion of workforce development training with the construction of a precision manufacturing lab at the Effingham Campus of Savannah Technical College.

June 02, 2015 | Staff report | Business


Effingham jobless rate falls to 4.9 percent

ATLANTA-The Georgia Department of Labor announced that Effingham County's unemployment rate for April was 4.9 percent, down from 5.1 percent in March.

June 02, 2015 | Staff report | Business


Scarbrough to lead studio’s social media

FONU2, Inc. announced that Lisa Scarbrough has joined Moon River Studios as vice president of social media.

June 02, 2015 | Staff report | Business


Moon River parent company to seek EB-5 financing

FONU2, Inc. has announced that it has engaged Lexden Capital, LLC to advise and manage EB-5 financing for the benefit of the company's construction of sound stages, offices, and film support services on its 1,560 acre property in Effingham County.

June 02, 2015 | Staff report | Business


Corps commander discusses harbor deepening work

Lt. Gen. Thomas Bostick, commander of the U.S. Army Corps of Engineers, visited the Port of Savannah on Thursday for an update on the Savannah Harbor Expansion Project.

June 02, 2015 | Staff report | Business


Corps commander, Ports chief update harbor deepening progress

Lt. Gen. Thomas Bostick, commander of the U.S. Army Corps of Engineers, visited the Port of Savannah on Thursday for an update on the Savannah Harbor Expansion Project.

May 28, 2015 | Staff report | Business


ACHCA names Morgan recipient of Eli Pick Facility Leadership Award

ALEXANDRIA, VA-The American College of Health Care Administrators named Norma Jean Morgan, CNHA, FACHCA, administrator of Effingham Extended Care Facility in Springfield as a 2015 recipient of the ACHCA Eli Pick Facility Leadership Award. The award, named in memory of visionary ACHCA member Eli Pick, recognizes administrators whose teams have achieved dimensions of organizational quality that few others have been able to reach. Two hundred and fifty-seven administrators were awarded leadership awards nationally.

May 26, 2015 | Staff report | Business


Chamber job fair brings in crowd of employers, applicants

Jobseekers eagerly awaited the Effingham Chamber of Commerce's second annual job fair. So much so they were lined up well before the doors of the Effingham College and Career Academy opened.

May 19, 2015 | By Patrick Donahue | Business


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