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Archive By Section - Business


Grant to GSU could help owners of rural businesses

Georgia Southern University's Bureau of Business Research and Economic Development (BBRED) has been awarded a $295,927 grant by the North American Development Bank (NADBank) to expand Georgia's Enterprise Network for Innovation and Entrepreneurship (GENIE) project.

July 15, 2013 | Staff report | Business


Governor ushers in inland ports deal for direct rail route

A new inland port agreement signed last week by Gov. Nathan Deal, the Georgia Ports Authority and Cordele Intermodal Services will create and expand international markets for regional business.

July 15, 2013 | Staff report | Business


GSU’s economic impact exceeds $500M

STATESBORO - The annual survey on the economic impact of the University System of Georgia reveals Georgia Southern University had a $524 million economic impact on Statesboro and the Bulloch County area and accounted for more than 6,500 jobs in fiscal year 2012.

July 11, 2013 | Staff report | Business


Study shows SSU has $148M impact on economy

SAVANNAH - An annual study of the economic impacts of University System of Georgia institutions released Wednesday proved that Savannah State University continues to be a major force in the local economy, pumping approximately $148 million into the Savannah metropolitan area during fiscal year 2012.

July 11, 2013 | Staff report | Business


Serving up a reception for a new practice

Effingham Health System welcomed its latest addition Monday with a reception for Dr. Xiaofeng "Frank" Zhong.

July 08, 2013 | By Paul Floeckher | Business


Studio ready to dig in with project

With the anticipated closing of the deal between Medient Studios and the Effingham Industrial Development Authority less than two weeks away, the first steps of work on the 1,550-acre site are under way, according to the company.

July 04, 2013 | Staff report | Business


Georgia Power seeking bump in electricity rates

The Georgia Public Service Commission is reviewing Georgia Power's request for an increase in its base rates filed with the PSC.

July 01, 2013 | Staff report | Business


Jobless rate rises across county, metro Savannah

ATLANTA - The Georgia Department of Labor announced Thursday that metro Savannah's unemployment rate increased to 7.9 percent in May, up eight-tenths of a percentage point from 7.1 percent in April.

June 27, 2013 | Staff report | Business


Jepson re-elected as chairman of GPA board

The Georgia Ports Authority board of directors has elected Robert S. Jepson Jr. of Savannah to serve a second term as chairman of the board. Jepson was first appointed to the board in 2008 and previously served as vice chairman. The new vice chairman will be James A. Walters, and Stephen S. Green will serve as secretary/treasurer.

June 25, 2013 | Staff report | Business


IDA approves bond resolution for Medient

The Effingham Industrial Development Authority's deal with a film studio took another step forward, as IDA members approved a bond resolution for the project.

June 24, 2013 | By Patrick Donahue | Business


Chamber ready to check out hotel-motel tax

The Effingham County Chamber of Commerce is making plans to put the hotel-motel excise tax receipts coming its way to use to spur tourism efforts.

June 20, 2013 | By Patrick Donahue | Business


More jobs created, but state jobless number rises

ATLANTA - The Georgia Department of Labor announced Thursday that Georgia's seasonally adjusted unemployment rate increased to 8.3 percent in May. The rate was up one-tenth of a percentage point from 8.2 percent in April, but it was down eight-tenths of a percentage point from 9.1 percent in May a year ago.

June 20, 2013 | Staff report | Business


EHS to open new offices in Effingham, Chatham counties

Effingham Health System will be celebrating the relocation of its ECB (Effingham-Chatham-Bryan) Occupational Medicine office and the opening of a brand new physician office in the next few weeks.

June 17, 2013 | Staff report | Business


IDA CEO says trip to China beneficial but no deal yet

Effingham Industrial Development Authority officials are hopeful another international project will be calling Effingham home soon.

June 13, 2013 | By Patrick Donahue | Business


AASU report says economy is holding steady

SAVANNAH - At the close of 2012, the Savannah-area economy appeared poised to maintain its forward momentum into 2013. While the expected growth did not come to fruition during the first quarter of 2013, the economy did not falter, but rather, held steady in the face of faltering consumer confidence, according to Armstrong Atlantic State University's latest Coastal Empire Economic Monitor.

June 10, 2013 | Staff report | Business


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Articles by Section - Business


Medient wins round in court against former CEO

The new chief executive officer of Medient Studios said the company got the ruling in its favor from a Nevada judge Wednesday afternoon it anticipated.

July 24, 2014 | By Patrick Donahue | 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


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