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Archive By Section - Business


New Medient CEO says work is ongoing

Work on what is expected to be the largest movie studio complex in the U.S. is continuing, and a revised master plan for the project is expected soon, the studio's CEO said Thursday.

July 21, 2014 | By Patrick Donahue | Business


New Medient architect familiar with area, studios

Medient Studios is bringing aboard a firm that knows something about designing massive production complexes.

July 21, 2014 | By Patrick Donahue | Business


Harvey to step down from IDA

Rose Harvey is resigning from the Effingham Industrial Development Authority.

July 21, 2014 | Staff report | Business


State jobless rate rises to 7.4 percent for June

ATLANTA - The Georgia Department of Labor announced Thursday that Georgia's seasonally adjusted unemployment rate for June was 7.4 percent, up two-tenths of a percentage point from 7.2 percent in May. The rate in June of last year was 8.4 percent.

July 17, 2014 | Staff report | Business


New Medient master plan expected soon

The revised master plan for a planned massive studioplex in Effingham County could be finished within two weeks, Industrial Development Authority members learned Thursday.

July 17, 2014 | By Patrick Donahue | Business


Chamber effort teaches businesses how to protect themselves

Many consumers recall being affected by, or at least hearing about, thieves hacking into credit and debit card data of millions of Target customers this past holiday season.

July 14, 2014 | By Paul Floeckher | Business


State high court rejects class-action suit on G-P

State Supreme Court justices ruled Friday that a group of homeowners are not entitled to bring a class-action lawsuit against Georgia-Pacific's Savannah River Mill.

July 14, 2014 | By Patrick Donahue | Business


Former Medient CEO gets hearing date for injunction

A Nevada judge has granted a temporary restraining order to the former CEO and chairman of Medient Studios.

July 10, 2014 | By Patrick Donahue | Business


Effingham IDA sets budget for upcoming fiscal year

The Effingham Industrial Development Authority has approved a $6.49 million budget for its coming fiscal year, making no significant changes to its draft budget.

June 30, 2014 | By Patrick Donahue | Business


Shareholder sues Medient

A Medient shareholder has filed suit against its current board of directors and its ousted CEO and board chairman, claiming the company has breached its fiduciary duty and the defendants are guilty of "gross mismanagement."

June 30, 2014 | By Patrick Donahue | Business


Rural Physician Bus Tour makes a stop at Effingham Health System

Effingham Health System hosted physicians, health care organization representatives and health information technology experts June 25 during a Rural Physician Bus Tour, an event designed to provide information and technical assistance on the Meaningful Use Attestation process.

June 30, 2014 | Staff report | Business


Morgan re-elected to Georgia Health Care Association board

Effingham Health System Chief Executive Officer Norma Jean Morgan recently was re-elected to the Georgia Health Care Association board of directors at the summer board meeting.

June 30, 2014 | Staff report | 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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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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