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Archive By Section - Business


Lump sum vs. annuity: the choice is yours

Does your employer offer a pension? If so, you'll want to be familiar with your payout options before it's time to start taking money out - because your choice can have a big impact on your retirement income.

September 27, 2007 | Jeff Hupman Guest Columnist | Business


SBA, U.S. Chamber team up for better disaster response

WASHINGTON – The U.S. Small Business Administration and the U.S. Chamber of Commerce will pool their resources to more effectively respond to major disasters, paving the way for faster recovery in affected communities.

September 26, 2007 | Staff Report | Business


GSU offers business leadership course

Georgia Southern University is offering a non-credit business leadership course at the Coastal Georgia Center in Savannah.

September 26, 2007 | Staff Report | Business


CADDA names Jeffers loan officer

Wendy Jeffers was promoted to loan officer for CADDA's Savannah office. Prior to working with CADDA, Jeffers earned a BBA from Valdosta State University. She is certified as an economic development finance professional as well as certified consumer credit counselor.

September 25, 2007 | Staff Report | Business


Save early, often and wisely for kids’ college education

It's that time of year when college students across the country reach for their backpacks and head back to campus - while their parents reach for their checkbooks and head for the Tylenol. If your children are still quite young, though, you can take steps now to reduce the headaches that may come from those big college bills.

September 20, 2007 | Jeff Hupman Guest Columnist | Business


SBA federal disaster loans now available

ATLANTA - The U.S. Small Business Administration (SBA) announced that federal disaster loans are available to small businesses and small agricultural cooperatives located in all Georgia counties except Chattahoochee and Muscogee counties as a result of damages and losses to crops caused by drought that occurred Jan. 1, 2007 and continuing.

September 18, 2007 | Staff Report | Business


Zaxby's set to open in Port Wentworth

Construction on Port Wentworth's first Zaxby's is now well under way.

September 18, 2007 | Staff Report | Business


Consider insurance, annuities if IRA, 401 (k) are maxed out

Many people rely on their IRAs and 401(k) plans to help them pay for their retirement years - and for good reason, because IRAs and 401(k)s are excellent retirement-savings vehicles. But once you reach the point where you are contributing the maximum amount to your IRA and 401(k) each year, what else can you do to build resources for retirement? You might want to consider annuities and cash value insurance.

September 13, 2007 | Jeff Hupman | Business


Simply divine

Debbie Boykin and Kristine Morgan had been friends a long time when they decided to do something a little different.

September 11, 2007 | Patrick Donahue Editor | Business


Atlantic Southern opens new corporate center in Macon

MACON - Atlantic Southern Bank is pleased to announce the opening of their new corporate center located at 1701 Bass Rd. in Macon. The location is known as Northwinds, named by a local developer before the bank purchased the land. Corporate staff will be relocating on Monday, Aug. 20.

September 08, 2007 | Staff Report | Business


Heritage Bank completes merger

The Heritage Bank and Peoples Bank officials recently announced that the scheduled merger of these two banks has been completed. As of Aug. 17, Peoples Bank of Blackshear, Waycross and Homerville has officially changed its name to The Heritage Bank and all locations are operating as Heritage branches.

September 08, 2007 | Staff Report | Business


Survey says––Microtel tops in guest satisfaction

For an unprecedented sixth consecutive year, Microtel Inn & Suites has been ranked highest in guest satisfaction among economy/budget hotel chains. This ranking was the conclusion of 2007 study by J. D. Power and Associates. Microtel is the only brand in the hotel industry to have received this recognition six successive times.

September 08, 2007 | Staff Report | Business


Butterducks increases capacity

Butterducks Winery at 3332 Blue Jay Road in Guyton has just recently purchased five more wine tanks. This brings their total capacity for making wine to almost 30,000 liters.

September 06, 2007 | Staff Report | Business


How much and what kind of real estate to add to portfolio

You may have heard that "real estate is always a good investment." However, that's a "blanket" statement and not terribly useful. In fact, it raises many questions: Does real estate really go up in value all the time? What type of real estate should I invest in? What percentage of my portfolio should be devoted to real estate? Once you know these answers, you'll be in a much better position to decide if, and how, you should incorporate real estate into your investment picture.

September 06, 2007 | Jeff Hupman Guest Columnist | Business


Armstrong recognized by USDA for home financing

Harriette Armstrong, a loan officer for International Mortgage, was recognized by the U.S. Department of Agriculture on Thursday for financing more than $1 million in home loans backed by the USDA.

September 01, 2007 | Staff Report | Business


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Articles by Section - 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


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


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