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Archive By Section - Business


State jobless rate jumps to 7.2 percent

ATLANTA - The Georgia Department of Labor announced Thursday that Georgia's seasonally adjusted unemployment rate for May was 7.2 percent, up three-tenths of a percentage point from a revised 6.9 percent in April. The preliminary rate for April was 7.0 percent, but it was revised down one-tenth of a percentage point. The rate in May of last year was 8.4 percent.

June 19, 2014 | Staff report | Business


County renews hotel-motel tax pact with Chamber

The Effingham Chamber of Commerce's tourism efforts will get a continued boost, after the county commissioners approved extending the hotel-motel tax for another year.

June 16, 2014 | By Patrick Donahue | Business


New Medient CEO: Studio anxious to make movies

New Medient Studios chief executive officer Jake Shapiro said the company will get to the essence of its being - that of making movies.

June 16, 2014 | By Patrick Donahue | Business


WRRDA bill signing hailed as victory for harbor deepening

With President Obama's signing Tuesday of the Water Resources Reform and Development Act of 2014, the Savannah Harbor Expansion Project (SHEP) is authorized to begin construction.

June 13, 2014 | Staff report | Business


New direction for Medient

Work continued quietly Thursday afternoon at Medient Studios' office in Savannah. But behind the scenes, a day of upheaval and tumult had taken place.

June 12, 2014 | By Patrick Donahue | Business


HeritageBank of the South launches mobile check deposit

HeritageBank of the South has launched HBOS Mobile Check Deposit, a convenient new service allowing eligible customers to deposit checks directly into their HeritageBank of the South account using a smartphone or iPad.

June 12, 2014 | Staff report | Business


FSA county committee nominations set to begin

WASHINGTON - Agriculture Secretary Tom Vilsack announced that the nomination period for local Farm Service Agency county committees begins June 15.

June 09, 2014 | Staff report | Business


Report: Area economy growing fast

SAVANNAH - Armstrong Atlantic State University's latest Coastal Empire Economic Monitor reports the Savannah-area economy expanded rapidly during the first quarter of 2014 and should continue to experience strong growth throughout the year.

June 09, 2014 | Staff report | Business


Georgia Power names new coastal region manager

Georgia Power has named William Mock as plant manager of its Coastal Region electric generation facilities. In this role, Mock will oversee all operations at Plants Kraft, McIntosh, McManus and Mitchell.

June 05, 2014 | Staff report | Business


Dynacraft chooses Savannah port

Dynacraft, one of the nation's leading bicycle suppliers, has chosen the Port of Savannah as its new East Coast gateway.

June 05, 2014 | Staff report | Business


Medient to release critically-acclaimed ‘Yellow’ in August

Medient Studios, Inc., will release Nick Cassavetes' "Yellow" on Aug. 29 in New York, San Francisco, Los Angeles, Seattle and Chicago, followed by a planned expansion nationwide, the studio announced.

June 05, 2014 | Staff report | Business


Black hopes Georgia Grown takes root in Effingham

Georgia Agriculture Commissioner Gary Black hopes Effingham County businesses will get on board with a growing initiative in his department.

June 02, 2014 | By Paul Floeckher | Business


Former NY governor joins Medient board

Medient Studios, Inc., announced that former New York Gov. David Paterson has accepted his nomination to join the board of directors of Medient.

June 02, 2014 | Staff report | Business


EHS staff members earn Lean Six Sigma Green Belts

Ten Effingham Health System team members have earned Lean Six Sigma Green Belt certification.

June 02, 2014 | Staff report | Business


Matchconverge seeking workers in Effingham

The Georgia Department of Labor will help Matchconverge, a private employment agency, recruit 15 temporary retail workers for a new store opening in June in Effingham County.

May 27, 2014 | 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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