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Archive By Section - Business


Signs of the times

In a literal "sign of the times," the old Springfield Ford signs are coming down and Effingham Auto Sales signs are taking their places as Joe Pope and his team make the move across the street.

August 10, 2009 | Rick Lott | Business


Atlantic Southern records 2Q loss

Atlantic Southern Financial Group (NASDAQ: ASFN) reported a net operating loss of $4.3 million, or $1.01 per diluted share, for the second quarter of 2009. The net operating loss was primarily driven by elevated credit costs including a $5.7 million provision in the allowance for loan losses.

August 06, 2009 | Staff Report | Business


Can you invest for college or retirement?

You most likely need to save and invest for retirement. But if you have children, you also may want to put money away for their college education. Are these two goals mutually exclusive?

August 06, 2009 | Frank Bevenour Guest Columnist | Business


Stores, shoppers ready for sales tax free weekend

In spite of a down economy, Georgia's tax-free shopping will take place this weekend.

July 30, 2009 | Rick Lott | Business


Adding to the collection

SAVANNAH - The goal, Richard Kessler said, is to have exuberant guests.

July 30, 2009 | Patrick Donahue Editor | Business


IDA: Tier status isn’t helping Effingham

The Effingham Industrial Development Authority continues to host prospects, but CEO John Henry warned members that the county's own success may be a detriment.

July 30, 2009 | Patrick Donahue Editor | Business


Chamber backs ‘Pack-A-Pack’

It's back-to-school time. Join the Effingham County Chamber of Commerce in welcoming students back to school.

July 30, 2009 | Staff Report | Business


Housing market on the rebound?

A two-year decline in real estate sales is showing signs of slowing, according to local real estate professionals.

July 27, 2009 | Rick Lott | Business


Grandview group urges county action

The group marketing an expansive tract off Old Augusta Road is ready to bring in prospects - but they need water, sewer and roads, too.

July 27, 2009 | Patrick Donahue Editor | Business


Have your parents made their financial plans?

As an adult, you're fortunate if you still have your parents. However, as they get older, you may well have to assist them in some key areas of their life. Specifically, they may need you to get involved in some of their financial issues. And if you do, you may need to focus on two areas: leaving a legacy and managing finances during retirement.

July 27, 2009 | Frank Bevenour Guest Columnist | Business


Metro Savannah jobless rate rises to 8.6 percent

ATLANTA - The Georgia Department of Labor reported that the preliminary unadjusted unemployment rate in the metro Savannah area rose to 8.6 percent in June, up seven-tenths of one percentage point from a revised 7.9 percent in May.

July 27, 2009 | Staff Report | Business


Volume down, but Savannah keeps status as 4th-busiest port

Georgia Ports Authority's Chairman of the Board Steve Green announced the GPA handled more than 2.4 million TEUs (20-foot Equivalent Unit containers), added additional services and maintained its position as America's fourth highest volume container port in fiscal year 2009.

July 27, 2009 | Staff Report | Business


Effingham Chamber to offer ID theft prevention seminars

The Effingham County Chamber of Commerce will hold a second in a series of Identity Theft Prevention Seminars on Aug. 12-13.

July 27, 2009 | Staff Report | Business


Stoner steps down from Chamber

Effingham County Chamber of Commerce Director Ken Stoner is stepping down from his position, and his last day on the job is today.

July 23, 2009 | Patrick Donahue Editor | Business


Durrence joins Reiser and Reiser

Kendra Zittrouer Durrence recently joined Reiser and Reiser CPAs, LLC, as a staff accountant. Her responsibilities include tax preparation, general accounting and small business consulting.

July 23, 2009 | Staff Report | Business


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Articles by Section - Business


Georgia named No. 1 state to do business

Gov. Nathan Deal announced Monday that Georgia, for the second consecutive year, has been ranked the No. 1 state in the nation for business by Site Selection magazine, one of the nation's top economic development trade publications.

November 04, 2014 | Staff report | 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


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