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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


A big day for EFACEC

EFACEC Power has completed the largest power transformer built in the U.S. in decades, a 900 MVA (megavolt ampere) unit. It is the largest not just for its rating but also for its size.

February 28, 2013 | Staff Report | Business


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Articles by Section - 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


Studio ready to start hiring

A final master plan and supplemental agreement between the Effingham County Industrial Development Authority and a movie production company could be finished in the next few weeks.

September 30, 2014 | By Patrick Donahue | Business


Effingham unemployment rate up slightly for August

ATLANTA - The Georgia Department of Labor announced Thursday that the preliminary unemployment rate in Effingham County was 6.7 percent for August, up slightly from 6.6 percent in June.

September 30, 2014 | Staff report | Business


GPA: Ports creating wave of growth

In his annual state of the port address Thursday, Georgia Ports Authority Executive Director Curtis Foltz reported 1,900 new jobs and 2.7 million square feet of industrial expansion tied to a year of growth for Georgia's deepwater ports.

September 30, 2014 | Staff report | Business


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