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Archive By Section - Business


Atlantic Southern posts quarterly loss

MACON - Atlantic Southern Financial Group, Inc. announced results for the nine months ended Sept. 30 and the 2008 third quarter.

December 09, 2008 | Staff Report | Business


AgSouth posts record net earnings for third quarter

STATESBORO - AgSouth Farm Credit CEO Bill Spigener recently announced that the customer-owned cooperative had record net earnings of $27.13 million during the third quarter of 2008, over a 6 percent increase over the figures from the same period during 2007.

December 09, 2008 | Staff Report | Business


Now is not the time to panic with investments

When you're in a state of panic, you can do some things really well, such as run after a bus, think up an excuse or find a last-minute gift. Other tasks, however, require a calmer approach. You don't want to be panicky when you're slicing a tomato, pouring hot coffee or preparing your taxes - and you certainly don't want to panic when you're investing for the long term.

December 09, 2008 | Frank Bevenour Guest Columnist | Business


Springs into action

With help from Effingham Chamber of Commerce members, representatives of The Springs at Effingham apartment community - Amy Calvert, Joni Hugueley, Caroline Melton-Fischer, Bernie Zemter and Sabrina Wray - cut the ribbon on the complex.

December 02, 2008 | Patrick Donahue | Business


Citizens Bank winners

December 02, 2008 | Staff Report | Business


Spatial Engineering chief to speak at Chamber breakfast

Richard Truluck, president of Spatial Engineering, will discuss his firm's role, mission and community impact at the next Effingham Chamber Membership Breakfast slated for Wednesday.

November 28, 2008 | Staff Report | Business


Hospital praised in annual audit

Effingham Hospital received overall praise for its progress in 2008 and praise for the additional services it has brought to the community during an annual audit presentation from Jim Creamer on Tuesday evening.

November 28, 2008 | Staff Report | Business


SBDC to hold entrepreneur workshops

A series of four workshops entitled "Entrepreneur Development Certificate Program" or EDCP will be held on Tuesday evenings beginning Nov. 18 and continuing each Tuesday through Dec. 9 in the conference room of the Small Business Assistance Center, 111 East Liberty St., Savannah.

November 28, 2008 | Staff Report | Business


Reiser and Reiser open house

November 25, 2008 | Staff Report | Business


SBA loan volume falls for 2008

WASHINGTON - A "perfect storm" of tightened credit by commercial lenders, declining creditworthiness and reduced demand for loans from small business borrowers uncertain about the future has led to a substantial decline in the number of small business loans guaranteed by the U.S. Small Business Administration during FY08, SBA Acting Administrator Sandy K. Baruah said Friday.

November 25, 2008 | Staff Report | Business


Here’s a ‘checklist’ for surviving a financial crisis

Over the past few weeks, the news has been almost incomprehensible. It's hard for many of us to make sense of the failure of major Wall Street firms and large banks and the $700 billion bailout of the financial sector. And it's hard for investors to be calm when stocks have fallen almost 30 percent from their all-time high a year ago. What can you do to cope? Consider the following "checklist" for surviving a financial crisis:

November 25, 2008 | Frank Bevenour Guest Columnist | Business


Spine and Sport backs FORCE food drive

In response to a call to action put out by Food Outreach Co-op of Effingham (FORCE), a not for profit organization that collects non-perishable items for area food pantries in Effingham County, Spine and Sport will have a week-long food drive at its Rincon office, beginning Nov. 3.

November 21, 2008 | Staff Report | Business


Casey, Howe join Coldwell Banker team

Stephanie Casey and Alicia Howe have joined Coldwell Banker Intercoastal Realty as full-time sales associates.

November 21, 2008 | Staff Report | Business


Citizens Bank marks 10th year

A steady downpour couldn't dampen the enthusiasm from Citizens Bank of Effingham's staff.

November 18, 2008 | By Patrick Donahue | Business


Rincon-based Temcor in design stages for another port storage tank

Temcor is working on a design for a second 110-foot diameter dome for a storage tank at the Vopak Savannah port facility.

November 14, 2008 | Staff Report | Business


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Articles by Section - Business


Medient wins round in court against former CEO

The new chief executive officer of Medient Studios said the company got the ruling in its favor from a Nevada judge Wednesday afternoon it anticipated.

July 24, 2014 | By Patrick Donahue | Business


New Medient CEO says work is ongoing

Work on what is expected to be the largest movie studio complex in the U.S. is continuing, and a revised master plan for the project is expected soon, the studio's CEO said Thursday.

July 21, 2014 | By Patrick Donahue | Business


New Medient architect familiar with area, studios

Medient Studios is bringing aboard a firm that knows something about designing massive production complexes.

July 21, 2014 | By Patrick Donahue | Business


Harvey to step down from IDA

Rose Harvey is resigning from the Effingham Industrial Development Authority.

July 21, 2014 | Staff report | Business


State jobless rate rises to 7.4 percent for June

ATLANTA - The Georgia Department of Labor announced Thursday that Georgia's seasonally adjusted unemployment rate for June was 7.4 percent, up two-tenths of a percentage point from 7.2 percent in May. The rate in June of last year was 8.4 percent.

July 17, 2014 | Staff report | Business


New Medient master plan expected soon

The revised master plan for a planned massive studioplex in Effingham County could be finished within two weeks, Industrial Development Authority members learned Thursday.

July 17, 2014 | By Patrick Donahue | Business


Chamber effort teaches businesses how to protect themselves

Many consumers recall being affected by, or at least hearing about, thieves hacking into credit and debit card data of millions of Target customers this past holiday season.

July 14, 2014 | By Paul Floeckher | Business


State high court rejects class-action suit on G-P

State Supreme Court justices ruled Friday that a group of homeowners are not entitled to bring a class-action lawsuit against Georgia-Pacific's Savannah River Mill.

July 14, 2014 | By Patrick Donahue | Business


Former Medient CEO gets hearing date for injunction

A Nevada judge has granted a temporary restraining order to the former CEO and chairman of Medient Studios.

July 10, 2014 | By Patrick Donahue | 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


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