Archive By Section - Business
When evaluating performance, avoid some common mistakes
As an investor, you might think it's easy to evaluate your investments" performance. After all, the bigger the gain, the better, right? This statement is true enough, but as an investment strategy, it's incomplete - and, if followed rigidly, it could lead you to make some mistakes that could hinder your progress toward your financial goals.
Clock ticks on tax credit extension
Effingham County residents can benefit from the Homebuyer's Tax Credit Extension legislation, which has been extended to include sales occurring between Jan. 1, 2009 and April 30.
A sweet day for Sweetwater Grill
Sweetwater Grill co-owners Wyatt Aiken and Lori Masters couldn't have been happier as members of the Effingham Chamber of Commerce gathered Saturday morning for a formal ribbon cutting, to welcome the new restaurant to the county.
A double celebration
The Effingham County Chamber of Commerce held a ribbon cutting Thursday as Troy Allen opened his new business as the representative for Grant Financial and New York Life on Thursday afternoon. The event also marked the sixth anniversary of Burns Insurance Associates, owned by Brooke Burns.
State eyes huge impact from EFACEC
EFACEC's power transformer manufacturing plant outside of Rincon looks to play a vital role in re-energizing the regional economy with a net state impact of $23.75 million and an additional Effingham County impact of $39 million by 2017, according to figures from the Georgia Department of Economic Development's Global Commerce Division.
Upgrades continue throughout Rincon
Georgia Power is getting ready to upgrade transformers in the Rincon commercial area in advance of a planned power outage April 12. The affected area will include the Subway Shop, the Sonic, the Days Inn, Effingham Herald offices and others in the commercial center along Highway 21.
Effingham Hospital Employee of the Year
Christine Hendrix, the social service coordinator at the Effingham Care Center, was named the Effingham Hospital and Care Center employee of the year for 2009.
Goody’s welcomed back to square
It didn't take long for the crowds to start filling up the reborn Goody's in Rincon.
Georgia Ports riding a wave of increased trade
Georgia Ports Authority's Executive Director Curtis J. Foltz announced Monday at its board meeting that the GPA continued to experience positive growth during February and has recorded three consecutive months of increased trade through its ports.
Back in business
The finishing touches are going in place for the rebirth of Goody's. District manager Phillip Brown and store manager Mark McDuffie, and a host of employees, are preparing the Fort Howard Square anchor for its March 24 grand opening. A ribbon cutting will take place at 8:45 a.m. that day, with the doors swinging open at 9 a.m. The total process started months ago, Brown said, when the company decided to get back into the ...
Notable achievements at Effingham Hospital
Kay R. Zettler, RHIT, recently completed the American Health Information Management Association in Chicago Cluster Coding certification
GSU seminar to cover ADA responsibilities for managers
Georgia Southern University invites business leaders to attend a 90-minute seminar and learn how the Americans with Disabilities Act affects them.
Metro jobless rate jumps
ATLANTA –- The Georgia Department of Labor reported Wednesday that the preliminary unadjusted unemployment rate in metro Savannah rose to 9.3 percent in January, up eight-tenths of one percentage point from a revised 8.5 percent in December. Meanwhile the number of unemployed workers in the area increased to 16,315, up 1,496 from 14,819 in December.
A year after market low, how should you invest?
It's been about a year since stock prices hit their low point during the long bear market. Since then, of course, we've seen a big rally, but some of the decisions you made when the market was at its lowest point may still be affecting your portfolio's performance and prospects. So now that we've reached the one-year anniversary of the market bottom, it's a good time to see where you are today and how you can prepare for tomorrow.
USDA revises farmers trade aid program
Hobby Stripling, state executive director of USDA's Farm Service Agency in Georgia announced that USDA has a revised Trade Adjustment Assistance for Farmers Program. Under the program, the USDA provides technical assistance and cash benefits to eligible producers of raw agricultural commodities and fishermen who have been hurt by import competition.
Articles by Section - Business
Verizon to expand area 4G service
Verizon Wireless has announced that it is expanding the world's first large-scale 4G Long Term Evolution (LTE) network in Savannah on Dec. 15. As of November 17, Verizon Wireless' 4G LTE network is available in 179 markets across the country and supports 16 4G LTE-enabled devices.
Mill keeps humming right along after 25 years
From his office overlooking the vast parking lot at Georgia-Pacific's Savannah River Mill, Kelly Wolff has the job he's always wanted.
Schnitzel Shack bridges the continents in Effingham
Schnitzel Shack has become a welcome addition to the Effingham County community.
Ports’ business remains on a rising tide
Business at the Savannah ports continues to be strong, Effingham Industrial Development Authority members learned Thursday morning, and ports officials expect the growth to continue.
Despite third quarter loss, AgSouth says it’s still strong
AgSouth Farm Credit CEO Bill Spigener recently announced that the customer-owned cooperative had net earnings of $9.3 million during the third quarter of 2011. Year-to-date earnings total nearly $26.4 million and were below 2010 earnings by approximately $3 million.
Snooks to open doors as auction house
The doors of the old Snooks grocery store will open again Nov. 15 and customers are expected to file in, hoping for good deals.
HeritageBank reports quarterly net income of $1.7M
ALBANY-Heritage Financial Group, Inc. (NASDAQ: HBOS), the holding company for HeritageBank of the South, announced unaudited financial results for the quarter ending Sept. 30. Key aspects of the Company's results for the third quarter of 2011 include:
Coastal Bank dialing up Operation Phone Home
The Coastal Bank has launched a community-wide initiative to raise money for the USO's Operation Phone Home, which provides pre-paid phone cards to deployed military personnel to call loved ones while away from their families this holiday season.
Steady first quarter growth for Georgia Ports
Georgia Ports Authority Executive Director Curtis J. Foltz announced today the ports saw a growth rate of 5.0 percent in the first quarter of FY2012, moving 6.5 million tons of freight. Over the same period in FY2011, the port moved 6.2 million tons of cargo.
Industry tees it up
The annual Local Industry Appreciation golf outing was held last Friday at Lost Plantation Golf Course.
Gulfstream soaring
Business is soaring at Gulfstream Aerospace, and along with it, so is its employment rolls.
A new vision for Effingham Eye Care
Effingham Eye Care and Optical opened its new home on Highway 21 South recently as Drs. Kerry and Sarah Freeman cut the ribbon on their new building.
DeLoach named manager of Coastal Bank’s Rincon branch
The Coastal Bank announces the hire of Jamie DeLoach as branch manager at the Rincon office.
Move to deepen Savannah Harbor gets a push
Gov. Nathan Deal, Curtis Foltz, GPA's Executive Director, Panama Canal Authority Administrator Alberto Alemán Zubieta and business leaders gathered Wednesday for a panel discussion in Savannah. The leaders spoke about the ports' impact on jobs and commerce, their importance to the Southeast's economic future and the need to deepen the Port of Savannah.
Appearance but little else changing for auto dealership
As general manager of the dealership, Tommy Arden doesn't want anybody to fret over the letters and iconic Chevrolet symbol having been pulled down from Fuller Chevrolet's façade. In fact, it represents a change in the appearance of the longtime Effingham County business.
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