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Archive By Section - Business

Prospective buyer eyes purchase of EFACEC

Effingham Industrial Development Authority members have approved amending its memorandum of understanding with EFACEC and approving a transfer and assumption to a new company.

October 29, 2014 | By Patrick Donahue | Business

IDA OKs Moon River master plan

After weeks of wrangling and discussion, the Effingham Industrial Development Authority has given the go-ahead to a massive studioplex's master plan.

October 28, 2014 | By Patrick Donahue | Business

Smith named chief nursing officer at Effingham Health

Effingham Health System has appointed Betsy Smith as its chief nursing officer.

October 28, 2014 | Staff report | Business

Effingham jobless rate drops to 6.1 percent

ATLANTA - Effingham County's unemployment rate shrank in September, even as the labor force grew, according to Georgia Department of Labor statistics.

October 23, 2014 | Staff report | Business

Spencer, well-traveled flag find a home at Moon River

The flag has been in Trenton Spencer's go bag all across the globe.

October 23, 2014 | By Patrick Donahue | Business

State jobless rate dips to 7.9 percent

ATLANTA - The state Department of Labor announced that Georgia's seasonally adjusted unemployment rate for September was 7.9 percent, down two-tenths of a percentage point from 8.1 percent in August. The rate in September of last year was 8.0 percent.

October 21, 2014 | Staff report | Business

Studio, IDA close to finishing deal

The master plan, development schedule and supplemental agreement between Moon River Studios and the Effingham Industrial Development Authority could be approved as soon as Thursday evening.

October 21, 2014 | By Patrick Donahue | Business

Manufacturing company looking to hire employees

The Georgia Department of Labor will help Caesarstone, a new manufacturing company in Richmond Hill, recruit for a number of positions.

October 16, 2014 | Staff report | Business

Moon River announces new CFO

Moon River Studios, Inc., announced the appointment of Steven Bahlmann as its new chief financial officer, secretary and treasurer. As CFO, Bahlmann will be responsible for the financial management of the company, accounting, strategic planning and investor relationships.

October 16, 2014 | Staff report | Business

Studio shooting for early 2015 start

Construction on the initial soundstages for a massive studio project could happen as soon as January, Moon River Studios CEO Jake Shapiro said Thursday.

October 14, 2014 | By Patrick Donahue | Business

Gulfstream unveils two new business jets

Gulfstream Aerospace has introduced an all-new family of business jets: the Gulfstream G500 and G600. The two new aircraft optimize speed, wide-cabin comfort and efficiency to offer customers best-in-class performance with advanced safety features.

October 14, 2014 | Staff report | Business

Harbor deepening ready to commence

"Georgia and its congressional delegation have fought long and hard to see this project through to fruition - a project that is vitally important for economic development and job creation not only in the Southeast, but nationally as well," said Gov. Nathan Deal. "After years of regulatory purgatory, we finally cleared the last hurdle and hope to begin dredging in the Savannah River before the end of the year. This pivotal link in our logistics network will aid in the prompt delivery of valuable cargo to and from every corner of Georgia and, in turn, preserve and create jobs and encourage ...

October 09, 2014 | Staff report | Business

Triple J Farms honored as Georgia Centennial Farm

Eighteen farms, including Effingham County's Triple J Farms, were honored Friday at the Georgia Centennial Farm Awards.

October 07, 2014 | Staff report | Business

Studio ready to start hiring

A final master plan and supplemental agreement between the Effingham County Industrial Development Authority and a movie production company could be finished in the next few weeks.

September 30, 2014 | By Patrick Donahue | Business

Effingham unemployment rate up slightly for August

ATLANTA - The Georgia Department of Labor announced Thursday that the preliminary unemployment rate in Effingham County was 6.7 percent for August, up slightly from 6.6 percent in June.

September 30, 2014 | Staff report | Business

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Articles by Section - Business

French company to open operation in Effingham

DRT, a specialist in processing rosin and turpentine oil distilled from pine resin since 1932, announces plans to purchase land in Effingham County. This marks ...

October 07, 2015 | Staff report | Business

Time for annual 401(k) review?

Once you've started contributing to your 401(k) plan and funded it with investments that are appropriate for your needs, you might think you ...

October 06, 2015 | By Ryan Waters | Business

Kolovich joins Optim Orthopedics

Optim Orthopedics has added orthopedist Gregory Kolovich, MD, who will be seeing patients in Rincon. Having recently completed his fellowship, Dr. Kolovich joins Optim from ...

October 06, 2015 | Staff report | Business

What’s smarter — paying off debts or investing?

It probably doesn't happen as much as you'd like, but from time to time, you have some extra disposable income. When this happens ...

September 29, 2015 | By Ryan Waters | Business

Unemployment in Effingham falls to 5.1 percent

ATLANTA-The Georgia Department of Labor announced Thursday that unemployment in Effingham County was down to 5.1 percent for August, a drop from the ...

September 29, 2015 | Staff report | Business

After another big year, port projects even more growth

In his annual state of the port address, Georgia Ports Authority Executive Director Curtis Foltz reported on a year of extraordinary growth, and provided a ...

September 29, 2015 | Staff report | Business

Palmetto Pipeline plans still going forward, executive says

The company proposing to build a billion-dollar pipeline through much of southeast Georgia, including Effingham County, expects to submit its environmental permit applications later this ...

September 29, 2015 | By Patrick Donahue | Business

A new name, a new future

Called a re-grand opening, Saturday's event at Georgia Transformer served as a commitment from the plant's new management to the Rincon facility.

September 29, 2015 | By Patrick Donahue | Business

Container volume up 16.6 percent at port

At the Georgia Ports Authority board meeting Monday, Executive Director Curtis Foltz reported a 16.6 percent calendar year to date increase in container volumes ...

September 22, 2015 | Staff report | Business

Charitable giving pays off — for everyone

Americans are pretty generous - in fact, 83 percent of us donated money to charitable organizations last year, according to a Gallup survey.

September 22, 2015 | By Ryan Waters | Business

Moon River says default will be rectified soon

A default on Moon River Studios' purchase of a Florida movie and lighting equipment is expected to be resolved shortly, the studios' board chairman said ...

September 22, 2015 | By Patrick Donahue | Business

Isakson calls start of Savannah port dredging 'a great victory'

WASHINGTON, D.C.-U.S. Sen. Johnny Isakson, R-Ga., applauded the official beginning of the Savannah Harbor Expansion Project as dredging began to deepen the ...

September 16, 2015 | Staff report | Business

Economic monitor predicts more growth

Armstrong State University's latest Coastal Empire Economic Monitor reports the Savannah-metro economy continues its streak of winning growth through the first half of 2015 ...

September 16, 2015 | Staff report | Business

What to do with an inheritance

Will you ever receive a sizable inheritance? You can't plan on it. But if you do get one, you can plan on using it ...

September 15, 2015 | By Ryan Waters | Business

Moon River expects groundbreaking soon

With several of its benchmarks now out of the way, Moon River Studios is gearing up for a new groundbreaking.

September 15, 2015 | By Patrick Donahue | Business

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