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Archive By Section - Business


HeritageBank reports quarterly net income of $1.7M

ALBANY-Heritage Financial Group, Inc. (NASDAQ: HBOS), the holding company for HeritageBank of the South, announced unaudited financial results for the quarter ending Sept. 30. Key aspects of the Company's results for the third quarter of 2011 include:

November 08, 2011 | Staff Report | Business


Coastal Bank dialing up Operation Phone Home

The Coastal Bank has launched a community-wide initiative to raise money for the USO's Operation Phone Home, which provides pre-paid phone cards to deployed military personnel to call loved ones while away from their families this holiday season.

November 04, 2011 | Staff Report | Business


Steady first quarter growth for Georgia Ports

Georgia Ports Authority Executive Director Curtis J. Foltz announced today the ports saw a growth rate of 5.0 percent in the first quarter of FY2012, moving 6.5 million tons of freight. Over the same period in FY2011, the port moved 6.2 million tons of cargo.

November 04, 2011 | Staff Report | Business


Industry tees it up

The annual Local Industry Appreciation golf outing was held last Friday at Lost Plantation Golf Course.

November 04, 2011 | Staff Report | Business


Gulfstream soaring

Business is soaring at Gulfstream Aerospace, and along with it, so is its employment rolls.

November 03, 2011 | By Patrick Donahue | Business


A new vision for Effingham Eye Care

Effingham Eye Care and Optical opened its new home on Highway 21 South recently as Drs. Kerry and Sarah Freeman cut the ribbon on their new building.

November 01, 2011 | Staff Report | Business


DeLoach named manager of Coastal Bank’s Rincon branch

The Coastal Bank announces the hire of Jamie DeLoach as branch manager at the Rincon office.

November 01, 2011 | Staff Report | Business


Move to deepen Savannah Harbor gets a push

Gov. Nathan Deal, Curtis Foltz, GPA's Executive Director, Panama Canal Authority Administrator Alberto Alemán Zubieta and business leaders gathered Wednesday for a panel discussion in Savannah. The leaders spoke about the ports' impact on jobs and commerce, their importance to the Southeast's economic future and the need to deepen the Port of Savannah.

October 28, 2011 | Staff Report | Business


Appearance but little else changing for auto dealership

As general manager of the dealership, Tommy Arden doesn't want anybody to fret over the letters and iconic Chevrolet symbol having been pulled down from Fuller Chevrolet's façade. In fact, it represents a change in the appearance of the longtime Effingham County business.

October 27, 2011 | By Patrick Donahue | Business


Springfield Huddle House among those cited for wage violations

ATLANTA-The U.S. Department of Labor's Wage and Hour Division has identified significant violations of the Fair Labor Standards Act and has obtained remedies for them at 28 Huddle House restaurants in Georgia, Missouri and West Virginia.

October 24, 2011 | Staff Report | Business


State unemployment jumps to 10.3 percent

ATLANTA-Georgia's seasonally adjusted unemployment rate rose to 10.3 percent in September, its highest level since January.

October 24, 2011 | Staff Report | Business


Spine & Sport remains at top of fast-growing firms

Spine & Sport, a local, privately owned physical therapy and personal training company, has made the list of "Inc. Magazine's" 500|5,000 list of fastest growing companies in America for the third consecutive year.

October 21, 2011 | Staff Report | Business


Chamber readies for Holiday Classic

The Effingham Chamber of Commerce announces plans for this year's 17th Annual Chamber Holiday Classic and Business Expo on Nov. 20 from noon to 4 p.m. at Effingham County High School.

October 21, 2011 | Staff Report | Business


Addition at Curiosity Shoppe

The Curiosity Shoppe held a ribbon cutting ceremony Saturday for its Christmas Shoppe addition. Pictured are owners Caroline and Allen Zeigler with three of their grandchildren, Evan Zeigler, Clark Heller and Rett Heller, cutting the ribbon.

September 27, 2011 | Staff Report | Business


GPA to expand its capacity at the Port of Savannah

The Georgia Ports Authority (GPA) Board of Directors approved a $4.75 million project Monday that will expand the Port of Savannah's capacity for refrigerated container storage by 45 percent.

September 26, 2011 | Staff Report | Business


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Articles by Section - 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


IDA holds off on Medient supplemental agreement

A supplemental project agreement between the Effingham Industrial Development Authority and a film studio planning to build a massive production facility in Effingham is on hold, as the studio reorganizes its leadership.

June 23, 2014 | By Patrick Donahue | Business


Site selector gets option on part of Treutlen site

The Effingham Industrial Development Authority has entered into a purchase option with site selector for about 21 acres at the Governor Treutlen site.

June 23, 2014 | By Patrick Donahue | Business


Foster to retire as bank’s leader

FCB Financial Holdings, Inc., parent of First Chatham Bank, has announced the retirement of Brian Foster as president and CEO of both the holding company and bank.

June 23, 2014 | Staff report | Business


Walters named new GPA board chairman

The Georgia Ports Authority board of directors elected James A. Walters of Gainesville to serve as chairman.

June 23, 2014 | Staff report | 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


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