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Archive By Section - Business


State economic development group earns exports honor

Gov. Nathan Deal announced Monday that the Georgia Department of Economic Development has been selected to receive the Presidential "E Star" Award for excellence in providing export programs and services.

April 07, 2014 | Staff report | Business


Chamber set to host job fair on April 15

The Effingham Chamber of Commerce is gearing up to host an Effingham County job fair April 15 from 11 a.m.-2 p.m. at the Effingham College and Career Academy at 2940 Highway 21 N., Rincon.

April 03, 2014 | Staff report | Business


AASU report: Local economy expanded in 4th quarter of 2013

Armstrong Atlantic State University's latest Coastal Empire Economic Monitor reports the Savannah-area economy expanded rapidly during the fourth quarter of 2013 and should continue to experience significant growth throughout 2014.

March 31, 2014 | Staff report | Business


AgSouth posts record earnings

Customers in Effingham and two neighboring counties will receive nearly $382,000 from AgSouth Farm Credit's record earnings in 2013.

March 31, 2014 | Staff report | Business


Ambassadors get up-close look at Effingham County

A little more of the world visited Effingham County on Thursday.

March 27, 2014 | By Patrick Donahue | Business


Effingham jobless rate falls

ATLANTA - The Georgia Department of Labor announced Thursday that the unemployment rate in the Coastal Georgia region decreased to 7.2 percent in February, down three-tenths of a percentage point from 7.5 percent in January. The rate was 8.6 percent in February a year ago.

March 27, 2014 | Staff report | Business


Medient plans to start work on studio soon

A massive studio project planned for Effingham County has settled on a general contractor and has picked a construction start date.

March 24, 2014 | By Patrick Donahue | Business


EHS names Pizzino chief information officer

Mary B. Pizzino has been named the chief information officer of the Effingham Health System.

March 24, 2014 | Staff report | Business


Legislature approves additional $35M for port deepening

The $35 million in additional port deepening funds proposed by Gov. Nathan Deal has been approved by the state legislature and now awaits the governor's signature.

March 20, 2014 | Staff report | Business


State unemployment rate dips to 7.1 percent

ATLANTA - The Georgia Department of Labor announced that Georgia's seasonally adjusted unemployment rate decreased to 7.1 percent in February, down two-tenths of a percentage point from 7.3 percent in January. The rate was 8.5 percent in February a year ago.

March 20, 2014 | Staff report | Business


Chamber welcomes new businesses

The Effingham Chamber of Commerce celebrated ribbon cuttings for Howard Family Dental and That Dress.

March 17, 2014 | Staff report | Business


Ameris to acquire The Coastal Bank

Ameris Bancorp, the parent company of Ameris Bank, announces the acquisition of The Coastal Bank (Coastal Bankshares, Inc), scheduled to close in the third quarter of 2014. Once this merger is finalized, Ameris Bank will be the largest community bank on the Georgia coast.

March 17, 2014 | Staff report | Business


Effingham jobless rate up slightly from December’s mark

ATLANTA – The Georgia Department of Labor announced Thursday that the unemployment rate in the Coastal Georgia region increased to 7.5 percent in January, up three-tenths of a percentage point from 7.2 percent in December. The rate was 8.9 percent in January a year ago.

March 13, 2014 | Staff report | Business


Savannah Tech’s impact approaches $57M

In fiscal year 2012, Savannah Technical College had an economic impact on its four-county service area of nearly $57 million with spending directly or indirectly related to the college, according to a new study released by the Terry College of Business at the University of Georgia.

March 10, 2014 | Staff report | Business


State Labor Department to help AT&T recruit wire technicians

ATLANTA - The Georgia Department of Labor will help AT&T recruit a number of wire technicians to install U-verse integrated digital TV, high-speed internet, and voice services.

March 10, 2014 | 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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