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Archive By Section - 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

State jobless rate falls to 7.4 percent

ATLANTA - The Georgia Department of Labor announced that Georgia's seasonally adjusted unemployment rate decreased to 7.3 percent in January, down one-tenth of a percentage point from 7.4 percent in December. The rate was 8.6 percent in January a year ago.

March 10, 2014 | Staff report | Business

IDA, Chamber to work on contract agreement

Effingham Industrial Development Authority members tabled action on their contract with the Effingham Chamber of Commerce. But IDA members backed the relationship between the two organizations.

March 03, 2014 | By Patrick Donahue | Business

‘Operation: Workforce’ tries to fill mission of jobs for vets

Operation: Workforce, an online one-stop shop portal for all veteran employment issues in Georgia, is currently serving more than 1,700 veterans and 730 Georgia employers. Created in November 2012, the site was launched by the Governor's Office of Workforce Development as a part of Gov. Nathan Deal's veteran-specific initiative to help connect our heroes with meaningful employment.

March 03, 2014 | Staff report | Business

Interest builds again in IDA’s Treutlen site

The loss of a Chinese phosphate company hasn't slowed the Effingham Industrial Development Authority.

February 27, 2014 | By Patrick Donahue | Business

Effingham Women in Business to hold meet and greet, expo

Effingham Women in Business will host a meet and greet and mini business expo event March 11 from 6:30-8 p.m. at Faith Presbyterian Church's social hall. The church is located at 2000 Lexington Ave. in Rincon just past Macomber Ball Park.

February 27, 2014 | Staff report | Business

Medient expected to have master plan finished soon

Medient Studios is expected to present a master plan in the next 30 days for its planned production complex, according to Effingham Industrial Development Authority CEO John Henry.

February 24, 2014 | By Patrick Donahue | Business

PSC members support federal loans for Vogtle

Commissioners Lauren "Bubba" McDonald Jr. (R-Habersham County) and Doug Everett (R-Albany) are applauding the U.S. Energy Department's finalization of $6.5 billion in federal loan guarantees to assist Georgia Power with the construction of two new units at its Alvin W. Vogtle Nuclear Power Plant.

February 24, 2014 | Staff report | Business

Georgia Ports start off 2014 with strong month

The Georgia Ports Authority opened calendar year 2014 with a strong January, achieving gains of 12.5 percent in 20-foot equivalent container units (TEUs) and 7.3 percent in overall tonnage, compared to January 2013.

February 20, 2014 | Staff report | Business

New group on the job at Effingham Hospital ER

Effingham Health System officially welcomed a team of doctors Monday who will take the hospital to "the next level of care," according to CEO Norma Jean Morgan.

February 17, 2014 | By Paul Floeckher | Business

Planned Rincon Chick-fil-A clears hurdle

An approved development agreement may help start the work on a highly-anticipated venture in Rincon.

February 13, 2014 | By Patrick Donahue | Business

USDA taking rural enterprise business grant applications

Applications are currently being accepted for the USDA Rural Business Enterprise Grant for projected 2014 funding of the program. The RBEG program provides grants for rural projects that finance and facilitate development of small and emerging rural businesses, help fund distance learning networks, and help fund employment related adult education programs.

February 10, 2014 | Staff report | Business

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Articles by Section - Business

When investing, put time on your side

Now that we're well into autumn, the days are getting noticeably shorter. The change in seasons reminds us that time is passing - and it ...

October 21, 2015 | By Ryan Waters | Business

FONU2 to produce James Brown documentary

FONU2, Inc. announced Tuesday it will be producing a documentary on James Brown, "the Godfather of Soul," in association with RKA Entertainment LLC and Loochie ...

October 20, 2015 | Staff report | Business

French company to open operation in Effingham

The Effingham County Industrial Development Authority and DRT have announced the company will be building a plant in the Effingham Industrial Park.

October 13, 2015 | Staff report | Business

Time for annual 401(k) review?

Once you've started contributing to your 401(k) plan and funded it with investments that are appropriate for your needs, you might think you ...

October 06, 2015 | By Ryan Waters | Business

Kolovich joins Optim Orthopedics

Optim Orthopedics has added orthopedist Gregory Kolovich, MD, who will be seeing patients in Rincon. Having recently completed his fellowship, Dr. Kolovich joins Optim from ...

October 06, 2015 | Staff report | Business

What’s smarter — paying off debts or investing?

It probably doesn't happen as much as you'd like, but from time to time, you have some extra disposable income. When this happens ...

September 29, 2015 | By Ryan Waters | Business

Unemployment in Effingham falls to 5.1 percent

ATLANTA-The Georgia Department of Labor announced Thursday that unemployment in Effingham County was down to 5.1 percent for August, a drop from the ...

September 29, 2015 | Staff report | Business

After another big year, port projects even more growth

In his annual state of the port address, Georgia Ports Authority Executive Director Curtis Foltz reported on a year of extraordinary growth, and provided a ...

September 29, 2015 | Staff report | Business

Palmetto Pipeline plans still going forward, executive says

The company proposing to build a billion-dollar pipeline through much of southeast Georgia, including Effingham County, expects to submit its environmental permit applications later this ...

September 29, 2015 | By Patrick Donahue | Business

A new name, a new future

Called a re-grand opening, Saturday's event at Georgia Transformer served as a commitment from the plant's new management to the Rincon facility.

September 29, 2015 | By Patrick Donahue | Business

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