Georgia Southern University's Bureau of Business Research and Economic Development (BBRED) has been awarded a $295,927 grant by the North American Development Bank (NADBank) to expand Georgia's Enterprise Network for Innovation and Entrepreneurship (GENIE) project.
A new inland port agreement signed last week by Gov. Nathan Deal, the Georgia Ports Authority and Cordele Intermodal Services will create and expand international markets for regional business.
STATESBORO - The annual survey on the economic impact of the University System of Georgia reveals Georgia Southern University had a $524 million economic impact on Statesboro and the Bulloch County area and accounted for more than 6,500 jobs in fiscal year 2012.
SAVANNAH - An annual study of the economic impacts of University System of Georgia institutions released Wednesday proved that Savannah State University continues to be a major force in the local economy, pumping approximately $148 million into the Savannah metropolitan area during fiscal year 2012.
Effingham Health System welcomed its latest addition Monday with a reception for Dr. Xiaofeng "Frank" Zhong.
With the anticipated closing of the deal between Medient Studios and the Effingham Industrial Development Authority less than two weeks away, the first steps of work on the 1,550-acre site are under way, according to the company.
The Georgia Public Service Commission is reviewing Georgia Power's request for an increase in its base rates filed with the PSC.
ATLANTA - The Georgia Department of Labor announced Thursday that metro Savannah's unemployment rate increased to 7.9 percent in May, up eight-tenths of a percentage point from 7.1 percent in April.
The Georgia Ports Authority board of directors has elected Robert S. Jepson Jr. of Savannah to serve a second term as chairman of the board. Jepson was first appointed to the board in 2008 and previously served as vice chairman. The new vice chairman will be James A. Walters, and Stephen S. Green will serve as secretary/treasurer.
The Effingham Industrial Development Authority's deal with a film studio took another step forward, as IDA members approved a bond resolution for the project.
The Effingham County Chamber of Commerce is making plans to put the hotel-motel excise tax receipts coming its way to use to spur tourism efforts.
ATLANTA - The Georgia Department of Labor announced Thursday that Georgia's seasonally adjusted unemployment rate increased to 8.3 percent in May. The rate was up one-tenth of a percentage point from 8.2 percent in April, but it was down eight-tenths of a percentage point from 9.1 percent in May a year ago.
Effingham Health System will be celebrating the relocation of its ECB (Effingham-Chatham-Bryan) Occupational Medicine office and the opening of a brand new physician office in the next few weeks.
Effingham Industrial Development Authority officials are hopeful another international project will be calling Effingham home soon.
SAVANNAH - At the close of 2012, the Savannah-area economy appeared poised to maintain its forward momentum into 2013. While the expected growth did not come to fruition during the first quarter of 2013, the economy did not falter, but rather, held steady in the face of faltering consumer confidence, according to Armstrong Atlantic State University's latest Coastal Empire Economic Monitor.
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.
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.
The Effingham Industrial Development Authority has entered into a purchase option with site selector for about 21 acres at the Governor Treutlen site.
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.
The Georgia Ports Authority board of directors elected James A. Walters of Gainesville to serve as chairman.