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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


Slight rise in unemployment for Coastal Georgia

ATLANTA - The Georgia Department of Labor announced Thursday that the unemployment rate in the Coastal Georgia region increased to 7.5 percent in May, up eight-tenths of a percentage point from 6.7 percent in April. The rate was 8.1 percent in May a year ago.

June 26, 2014 | Staff report | Business


IDA holds off on Medient supplemental agreement

A supplemental project agreement between the Effingham Industrial Development Authority and a film studio planning to build a massive production facility in Effingham is on hold, as the studio reorganizes its leadership.

June 23, 2014 | By Patrick Donahue | Business


Site selector gets option on part of Treutlen site

The Effingham Industrial Development Authority has entered into a purchase option with site selector for about 21 acres at the Governor Treutlen site.

June 23, 2014 | By Patrick Donahue | Business


Foster to retire as bank’s leader

FCB Financial Holdings, Inc., parent of First Chatham Bank, has announced the retirement of Brian Foster as president and CEO of both the holding company and bank.

June 23, 2014 | Staff report | Business


Walters named new GPA board chairman

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

June 23, 2014 | Staff report | Business


State jobless rate jumps to 7.2 percent

ATLANTA - The Georgia Department of Labor announced Thursday that Georgia's seasonally adjusted unemployment rate for May was 7.2 percent, up three-tenths of a percentage point from a revised 6.9 percent in April. The preliminary rate for April was 7.0 percent, but it was revised down one-tenth of a percentage point. The rate in May of last year was 8.4 percent.

June 19, 2014 | Staff report | Business


County renews hotel-motel tax pact with Chamber

The Effingham Chamber of Commerce's tourism efforts will get a continued boost, after the county commissioners approved extending the hotel-motel tax for another year.

June 16, 2014 | By Patrick Donahue | Business


New Medient CEO: Studio anxious to make movies

New Medient Studios chief executive officer Jake Shapiro said the company will get to the essence of its being - that of making movies.

June 16, 2014 | By Patrick Donahue | Business


WRRDA bill signing hailed as victory for harbor deepening

With President Obama's signing Tuesday of the Water Resources Reform and Development Act of 2014, the Savannah Harbor Expansion Project (SHEP) is authorized to begin construction.

June 13, 2014 | Staff report | Business


New direction for Medient

Work continued quietly Thursday afternoon at Medient Studios' office in Savannah. But behind the scenes, a day of upheaval and tumult had taken place.

June 12, 2014 | By Patrick Donahue | Business


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Articles by Section - Business


State’s lures could reel in big catch for area, say legislators

The state is making inroads with economic development, members of Effingham County's General Assembly delegation, and the next big prize could be an automobile manufacturer.

May 05, 2015 | By Patrick Donahue | Business


GFB starts Foundation for Agriculture

Georgia Farm Bureau members held their inaugural gala last month for the GFB Foundation for Agriculture at the Evergreen Marriott Resort in Stone Mountain Park. Rolling Stones keyboardist Chuck Leavell, who grows timber with his wife, Rose Lane, on their middle Georgia farm, performed at the event.

April 29, 2015 | Staff report | Business


Studio gets closer to releasing long-awaited ‘Yellow’

As plans to bring water and power to a sprawling studio site in Effingham County take shape, the final cut of the long-awaited film "Yellow" could be ready soon, too, according to Moon River Studio officials.

April 28, 2015 | By Patrick Donahue | Business


Joint development authority could be clearing way for Volvo

The recently formed Savannah Harbor-Interstate 16 Joint Corridor Development Authority has filed an application with the U.S. Army Corps of Engineers for a 1,904.5-acre project site to "construct a mega-site manufacturing facility" at Highway 280 and I-16, according to a public notice filed Thursday.

April 28, 2015 | By Jeff Whitten Bryan County News | 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


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