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.
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.
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.
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.
Ambassadors get up-close look at Effingham County
A little more of the world visited Effingham County on Thursday.
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.
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.
EHS names Pizzino chief information officer
Mary B. Pizzino has been named the chief information officer of the Effingham Health System.
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.
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.
Chamber welcomes new businesses
The Effingham Chamber of Commerce celebrated ribbon cuttings for Howard Family Dental and That Dress.
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.
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.
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.
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.
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."
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.
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.
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.
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.
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.
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.
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.
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.
Walters named new GPA board chairman
The Georgia Ports Authority board of directors elected James A. Walters of Gainesville to serve as chairman.
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.
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.
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.
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.
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.
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