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Archive By Section - Business


Good news, bad news in July’s jobless claims numbers

ATLANTA - The Georgia Department of Labor (GDOL) announced that 93,988 laid-off workers filed first-time claims for state unemployment insurance (UI) benefits in July, an increase of 58.9 percent from July 2008. The last time the over-the-year increase in initial claims was less than 58.9 percent was November 2008, when an increase of 54.7 percent was recorded.

August 13, 2009 | Staff Report | Business


Signs of the times

In a literal "sign of the times," the old Springfield Ford signs are coming down and Effingham Auto Sales signs are taking their places as Joe Pope and his team make the move across the street.

August 10, 2009 | Rick Lott | Business


Atlantic Southern records 2Q loss

Atlantic Southern Financial Group (NASDAQ: ASFN) reported a net operating loss of $4.3 million, or $1.01 per diluted share, for the second quarter of 2009. The net operating loss was primarily driven by elevated credit costs including a $5.7 million provision in the allowance for loan losses.

August 06, 2009 | Staff Report | Business


Can you invest for college or retirement?

You most likely need to save and invest for retirement. But if you have children, you also may want to put money away for their college education. Are these two goals mutually exclusive?

August 06, 2009 | Frank Bevenour Guest Columnist | Business


Stores, shoppers ready for sales tax free weekend

In spite of a down economy, Georgia's tax-free shopping will take place this weekend.

July 30, 2009 | Rick Lott | Business


Adding to the collection

SAVANNAH - The goal, Richard Kessler said, is to have exuberant guests.

July 30, 2009 | Patrick Donahue Editor | Business


IDA: Tier status isn’t helping Effingham

The Effingham Industrial Development Authority continues to host prospects, but CEO John Henry warned members that the county's own success may be a detriment.

July 30, 2009 | Patrick Donahue Editor | Business


Chamber backs ‘Pack-A-Pack’

It's back-to-school time. Join the Effingham County Chamber of Commerce in welcoming students back to school.

July 30, 2009 | Staff Report | Business


Housing market on the rebound?

A two-year decline in real estate sales is showing signs of slowing, according to local real estate professionals.

July 27, 2009 | Rick Lott | Business


Grandview group urges county action

The group marketing an expansive tract off Old Augusta Road is ready to bring in prospects - but they need water, sewer and roads, too.

July 27, 2009 | Patrick Donahue Editor | Business


Have your parents made their financial plans?

As an adult, you're fortunate if you still have your parents. However, as they get older, you may well have to assist them in some key areas of their life. Specifically, they may need you to get involved in some of their financial issues. And if you do, you may need to focus on two areas: leaving a legacy and managing finances during retirement.

July 27, 2009 | Frank Bevenour Guest Columnist | Business


Metro Savannah jobless rate rises to 8.6 percent

ATLANTA - The Georgia Department of Labor reported that the preliminary unadjusted unemployment rate in the metro Savannah area rose to 8.6 percent in June, up seven-tenths of one percentage point from a revised 7.9 percent in May.

July 27, 2009 | Staff Report | Business


Volume down, but Savannah keeps status as 4th-busiest port

Georgia Ports Authority's Chairman of the Board Steve Green announced the GPA handled more than 2.4 million TEUs (20-foot Equivalent Unit containers), added additional services and maintained its position as America's fourth highest volume container port in fiscal year 2009.

July 27, 2009 | Staff Report | Business


Effingham Chamber to offer ID theft prevention seminars

The Effingham County Chamber of Commerce will hold a second in a series of Identity Theft Prevention Seminars on Aug. 12-13.

July 27, 2009 | Staff Report | Business


Stoner steps down from Chamber

Effingham County Chamber of Commerce Director Ken Stoner is stepping down from his position, and his last day on the job is today.

July 23, 2009 | Patrick Donahue Editor | 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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