Archive By Section - Business
Heritage Bank completes merger
The Heritage Bank and Peoples Bank officials recently announced that the scheduled merger of these two banks has been completed. As of Aug. 17, Peoples Bank of Blackshear, Waycross and Homerville has officially changed its name to The Heritage Bank and all locations are operating as Heritage branches.
Survey says––Microtel tops in guest satisfaction
For an unprecedented sixth consecutive year, Microtel Inn & Suites has been ranked highest in guest satisfaction among economy/budget hotel chains. This ranking was the conclusion of 2007 study by J. D. Power and Associates. Microtel is the only brand in the hotel industry to have received this recognition six successive times.
Butterducks increases capacity
Butterducks Winery at 3332 Blue Jay Road in Guyton has just recently purchased five more wine tanks. This brings their total capacity for making wine to almost 30,000 liters.
How much and what kind of real estate to add to portfolio
You may have heard that "real estate is always a good investment." However, that's a "blanket" statement and not terribly useful. In fact, it raises many questions: Does real estate really go up in value all the time? What type of real estate should I invest in? What percentage of my portfolio should be devoted to real estate? Once you know these answers, you'll be in a much better position to decide if, and how, ...
Armstrong recognized by USDA for home financing
Harriette Armstrong, a loan officer for International Mortgage, was recognized by the U.S. Department of Agriculture on Thursday for financing more than $1 million in home loans backed by the USDA.
Do all your stocks and mutual funds look alike?
Like most people, you probably gravitate toward things that you're familiar with and that you like. If you enjoy classical music, your shelves may be full of Beethoven and Ravel. If you love pasta, your cupboards may be bulging with spaghetti and ravioli. In most parts of your life, there's nothing wrong with this type of devotion - but, if it's carried over to your investment portfolio, you could run into problems.
Citizens Bank celebrates Port Wentworth grand opening
Citizens Bank of Port Wentworth celebrated its grand opening Friday, highlighted by several giveaways.
Are you financially prepared to help aging parents’ needs?
If you have your parents during much of your adult life, consider yourself fortunate. As they age, however, you will need to become increasingly aware of added responsibilities you may have to assume. And by planning ahead, you can help make everyone's lives easier.
Howell joins Atlantic Southern
Finn Howell has joined Atlantic Southern Bank as VP/Senior Lending Officer in Savannah.
Lord Eye Center announces its new affiliation
Statesboro - Lord Eye Center, one of the largest privately-owned eye care centers in Georgia, recently announced an affiliation with Woolfson Eye Institute of Atlanta.
Tractor Supply names Reid as manager
BRENTWOOD, Tenn. - Steven Reid has been named store manager at the Rincon Tractor Supply Company store that is under construction, according to district manager Jeff Johnson.
Kessler named Coastal Bank VP
SAVANNAH - The Coastal Bank headquartered in Savannah, recently hired Wayne Kessler as a vice president and credit officer. In his new position, he is responsible for managing the bank's credit and underwriting services.
Chamber to launch entrepreneur-friendly initiative
Effingham County Chamber President Freddy Long announced the formation of a new Chamber task force that will assist would-be entrepreneurs and small businesses in Effingham County.
Does IPO spell investment success?
If you've ever spent any time among investors, you're bound to have heard someone say: "If only I had gotten in on the ground floor of Company A (or Company B or Company C)." In investment terms, "getting in on the ground floor" means buying a company's stock shares when they first go on sale - an initial public offering (IPO), to use the official term. But is it really that desirable to invest in an IPO?
Busy first day at Citizens Bank branch
It was a busy opening day for Citizens Bank of Port Wentworth. The bank, the first for Citizens Bank outside of Effingham County, opened July 16 at 9 a.m. The drive-through lanes opened at 8:30 a.m.
Articles by Section - Business
Mims named chief operating officer at Effingham Hospital
Effingham Hospital Chief Executive Officer Norma Jean Morgan announced that the board has approved a staff reorganization plan and several promotions that are aligned with the growth and expansion of services under way.
Irrigation workshop to be held in Statesboro
The Ogeechee River Soil and Water Conservation District will host an irrigation workshop entitled "Looking to the Future: Advances in Irrigation," on Sept. 8 from 9 a.m.-noon at the Bulloch County Center for Agriculture in Statesboro.
EDA grant to bolster Gulfstream expansion
WASHINGTON, D.C.-The U.S. Commerce Department's Economic Development Administration announced Monday a $955,472 grant to the Savannah Economic Development Authority to make critical infrastructure improvements needed to facilitate Gulfstream Aerospace Corporation's expansion plans in the Crossroads Business Park.
Kemp warns Georgians of investment schemes
Georgia Secretary of State Brian Kemp announced that the North American Securities Administrators Association (NASAA) has released its annual list of financial products and practices that threaten to trap investors, many by taking advantage of investors troubled by lingering economic uncertainty and volatile stock markets.
Metro jobless rate drops
ATLANTA-State Labor Commissioner Mark Butler said Thursday that the preliminary unadjusted unemployment rate in metro Savannah decreased to 9.4 percent in July, down one-tenth of a percentage point from 9.5 percent in June. The jobless rate in metro Savannah in July a year ago was 10.1 percent.
A hard push on soft skills
Prospective employers want jobseekers to show more than their acumen for a particular profession - and the state is trying to show employers that workers know skills that are a part of any job.
U.S. trade official makes call on port
The Georgia Ports Authority hosted the U.S. Deputy Trade Representative Demetrios Marantis on Monday to discuss pending free trade agreements that will increase exports through the Port of Savannah. He was briefed on the Savannah Harbor Expansion Project and toured the Port of Savannah's Garden City Terminal.
Chamber, Rincon welcomes Elements Salon and Color Studio
The Effingham Chamber of Commerce held a ribbon cutting Thursday morning for one of its newest members, Elements Salon & Color Studio, at 420 N. Columbia Ave. in Rincon. The salon is located inside HJ Healing Hands.
The Pit opens for business in Rincon
Cindy and Rob VanNorman and the staff of The Pit American Bar and Grill cut the ribbon along with Effingham Chamber of Commerce representatives Aug. 20 at the restaurant's grand opening.
State jobless rate jumps to 10.1 percent in July
ATLANTA-State Labor Commissioner Mark Butler said Thursday that Georgia's seasonally adjusted unemployment rate rose to 10.1 percent in July, up two-tenths of a percentage point from 9.9 percent in June. The state's jobless rate was also 10.1 percent in July a year ago.
Barrow to host job fair at Savannah Civic Center
U.S. Rep. John Barrow (D-Savannah) is hosting a local job fair Aug. 24 in Savannah to pair 12th District job seekers with local employers looking to hire.
Olliff promoted to small biz relationship manager
SAVANNAH-The Coastal Bank recently promoted Wesley Olliff to small business relationship manager. In his new position, Olliff will work closely with local small businesses, providing comprehensive financial solutions tailored to meet their banking needs. He will be based at the bank's Stephenson Avenue office.
Georgia Power names energy education coordinator
ATLANTA-Continuing its implementation of the statewide education initiative to increase awareness and understanding of the importance of using energy wisely and efficiently, Georgia Power announced the selection of Wayne Grimes as the energy education coordinator in Georgia Power-served schools in Bulloch, Camden, Chatham, Effingham, Glynn, Liberty and other coastal Georgia counties.
Hospital to present Helmey Award
People who offer extraordinary service in their everyday job can find satisfaction in their work by hearing a word of thanks or receiving a simple smile. Effingham Hospital and Care Center believes its top employees deserve more than these simple gestures, and instead feels strongly about offering special recognition opportunities to those who go above and beyond.
GPA deal could benefit biofuels, Brunswick port
SAVANNAH-The Georgia Ports Authority and Logistec USA, Inc. signed a partnership Thursday that will modernize the East River Terminal at the Port of Brunswick to facilitate the growing international market for wood pellets. Logistec, a leading marine and environmental services provider, will invest $5 million to expand the biofuel export market in Georgia and increase capacity for handling a broad range of general and bulk cargo. "We welcome this renewed partnership with Logistec ...
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