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Archive By Section - Business


Effingham Health System awarded Komen grant

The Coastal Georgia Affiliate of Susan G. Komen for the Cure will award $345,000 for community services that will fund everything from educational programs to screening mammograms, including Effingham Health System's comprehensive education and screening program.

March 28, 2013 | Staff report | Business


Metro jobless rate falls to 7.8 percent

ATLANTA - The Georgia Department of Labor announced Thursday that metro Savannah's unemployment rate declined to 7.8 percent in February, down five-tenths of a percentage point from 8.3 percent in January. The rate was 8.7 percent in February a year ago.

March 28, 2013 | Staff report | Business


GSU to host community bank symposium

Georgia Southern University's Center for Excellence in Financial Services and the Georgia Bankers Association will host the seventh annual Community Bank Symposium on March 27 from 7:30 a.m.-2:45 p.m. at the Forest Heights Country Club in Statesboro.

March 25, 2013 | Staff report | Business


Georgia Ports mark February tonnage increase

Georgia Ports Authority Executive Director Curtis Foltz reported strong growth for February, with an increase of 6.9 percent - or 147,650 tons - in total cargo compared to the same month last year, moving 2.27 million tons of freight in February.

March 25, 2013 | Staff report | Business


State jobless rate falls to lowest in 4 years

ATLANTA - The Georgia Department of Labor announced that Georgia's seasonally adjusted unemployment rate dipped to 8.6 percent in February, the lowest rate since January 2009. The rate was down one-tenth of a percentage point from 8.7 percent in January and six-tenths of a percentage point from 9.2 percent in February 2012.

March 21, 2013 | Staff report | Business


Studio liked what it saw from Effingham

It didn't take long for Medient Studios to like what it saw in Effingham County and make the decision to build their movie and DVD production in Effingham.

March 21, 2013 | By Patrick Donahue | Business


CEO: ‘Nothing quite like it in the world’

It's not just the size and scope of the Medient Studios project that makes it stand out, according to CEO and Chairman Manu Kumaran.

March 21, 2013 | By Patrick Donahue | Business


Curtain rises on Effingham project

Evoking one of cinema's most renowned closing lines of a movie, Manu Kumaran ushered in a partnership between his company and the Effingham Industrial Development Authority.

March 21, 2013 | By Patrick Donahue | Business


IDA prepares for 'major' prospect

The Effingham Industrial Development Authority is on the verge of signing a prospect who could change the economic landscape of the county, according to sources.

March 18, 2013 | By Patrick Donahue | Business


Health care law carries burdens and lots of questions

The effects of the Affordable Care Act could be as long as the document itself, according to Tim O'Hayre of BB&T Insurance Services.

March 18, 2013 | By Patrick Donahue | Business


Jobless rate rises to 7.8 percent

ATLANTA-The Georgia Department of Labor announced Thursday that the unemployment rate in metro Savannah rose to 8.3 percent in January, up two-tenths of a percentage point from 8.1 percent in December. The rate was 8.9 percent in January 2012.

March 14, 2013 | Staff report | Business


Rafter Law Firm cuts the ribbon

Rick Rafter celebrated the official opening of his law practice and office in Springfield with a ribbon cutting.

March 14, 2013 | Staff report | Business


HeritageBank of the South purchases LaGrange bank

ALBANY - Heritage Financial Group, Inc. (NASDAQ: HBOS), the holding company for HeritageBank of the South, has announced that HeritageBank of the South has entered into a definitive whole-bank purchase and assumption agreement with the Federal Deposit Insurance Corporation to acquire Frontier Bank, a full-service bank based in LaGrange.

March 11, 2013 | Staff report | Business


State unemployment rate holds steady at 8.7 percent

ATLANTA - The Georgia Department of Labor announced Thursday that Georgia's seasonally adjusted unemployment rate for January was 8.7 percent, unchanged from December. The rate was 9.3 percent in January a year ago.

March 07, 2013 | Staff report | Business


Medical supplier Dukal picks Savannah as port

Dukal Corporation, a leading supplier of disposable medical products, has chosen the Port of Savannah as its major port of entry and established new distribution center space in Savannah's Foreign Trade Zone.

March 07, 2013 | Staff report | Business


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Articles by Section - 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


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