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Metro initial unemployment insurance claims drop 15.5 percent

ATLANTA – State Labor Commissioner Mark Butler said that 2,279 laid-off workers in metro Savannah filed initial claims for unemployment insurance benefits in January, a decrease of 418, or 15.5 percent, from 2,697 in December. Most of the decrease in claims came in accommodation and food services and manufacturing. And, there was a decline of 143, or 5.9 percent, from 2,422 claims filed in January 2010.

February 17, 2011 | Staff Report | Business

Metro Savannah unemployment rate up to 8.9 percent

ATLANTA-State Labor Commissioner Mark Butler said Thursday that the preliminary unadjusted unemployment rate in the metro Savannah area increased to 8.9 percent in December, up from a revised 8.8 percent in November. Meanwhile, the number of unemployed workers in the area increased to 15,856, up 330 from 15,526. The jobless rate in the metro Savannah area in December 2009 was 8.5 percent.

January 31, 2011 | Staff Report | Business

Hospital, Ford ready to open Springfield clinic

Effingham Hospital announces that Janice Ford, APRN, will be providing health care services with a focus on women's health in a new location at 1451 Highway 21 South, Suite H in Springfield.

January 31, 2011 | Staff Report | Business

Expert: Recovery is on the way for county

ATLANTA-The recovery from a devastating recession is under way, and the Coastal Empire should outpace the rest of the state in economic growth, a local economist told attendees at Effingham Day at the Capitol.

January 27, 2011 | By Patrick Donahue | Business

GPA sees 20 percent hike in TEUs

SAVANNAH-Georgia Ports Authority's (GPA) Executive Director Curtis J. Foltz announced Monday the Port of Savannah experienced nearly 20-percent growth in 20-foot equivalent units (TEUs) for calendar year 2010 with 2,826,308 TEUs, a record for the Authority.

January 24, 2011 | Staff Report | Business

Kuharik joining Platinum Properties

Amy Kuharik, a native of west Chatham County, has joined Platinum Properties Real Estate Group.

January 24, 2011 | Staff Report | Business

State unemployment pushes past 10 percent

ATLANTA-State Labor Commissioner Mark Butler said Thursday that Georgia's seasonally adjusted unemployment rate rose to 10.2 percent in December, up two-tenths of a percentage point from a revised 10 percent in November.

January 23, 2011 | Staff Report | Business

Consider establishing a business retirement plan

If you're self-employed or you own a business, you've got a lot to think about: attracting new customers, maintaining cash flow, upgrading equipment and facilities - the list goes on and on. Yet, as busy as you are today, you can't forget about tomorrow - which means you need to have a solid retirement plan in place.

January 23, 2011 | By Frank Bevenour | Business

Open for business

Effingham Chamber of Commerce representatives help Linda Purnell cut the ribbon on the Old Church Market Restaurant.
The restaurant, located in a former church, is at 120 N. Columbia Ave. in Rincon. Purnell said it had been a dream of her husband to have a restaurant, and when they saw this building available, she said, "it was so beautiful, we just had to open here."
The Old Church Market Restaurant specializes in Southern style, self service, country buffet cooking.
Restaurant hours are: Sundays from 11 a.m.-3 p.m.; Monday-Friday, 11 a.m.-8:30 p.m.; and closed ...

January 10, 2011 | Staff Report | Business

Changes atop Citizens Bank

Longtime banker Harry H. Shearouse has been elected interim president and CEO of Citizens Bank of Effingham. The Springfield native, who has been chairman of the board at Citizens since 2003, helped organize the bank in 1997 and served as president/CEO for four years.
Shearouse will succeed Michael Lee, who has accepted a position as senior vice president with Ameris Bank based in Moultrie. Both appointments are effective Jan. 10.
"I am certainly familiar with the bank and our community so this should be a smooth transition," said Shearouse, who has more than 42 years of banking experience. "These ...

January 06, 2011 | Staff Report | Business

Coastal Bank introduces text message banking

SAVANNAH-The Coastal Bank, headquartered in Savannah, recently launched new state-of-the-art mobile banking and Text Message Banking (TMB). The Coastal Bank is the first locally-owned financial institution to offer mobile banking and Text Message Banking to customers.
With the addition of these secure mobile banking tools, The Coastal Bank's business and consumer banking customers can have an expanded range of options for "on the go" banking. Customers have the ability to perform money management tasks quickly and securely through their Web-enabled smart phones or any WiFi connection.
The Coastal Bank has joined forces with Intuit Financial Services to provide ...

January 03, 2011 | Staff Report | Business

Heritage Bank reaches agreement with FDIC

James M. Floyd Jr., president and chief executive officer of The Heritage Bank, announced Thursday that the bank has successfully completed discussions with the Federal Deposit Insurance Corporation and has entered into a consent agreement with the regulatory agency.
The Heritage Bank is headquartered in Hinesville and has a branch in Rincon.
The agreement, mostly reflecting initiatives already implemented by the board of directors and bank management, is based on items identified in a periodic regulatory exam recently completed. According to Floyd, the agreement contains a number of stipulations including the reduction of the concentration of commercial real estate as ...

December 30, 2010 | Staff Report | Business

Metro Savannah jobless rate rises to 8.9 percent

ATLANTA-The Georgia Department of Labor reported that the preliminary unadjusted unemployment rate in the metro Savannah area increased to 8.9 percent in November, up six-tenths of a percentage point from 8.3 percent in October. Meanwhile, the number of unemployed workers in the area increased to 15,616, up 1,195 from 14,421. The jobless rate in the metro Savannah area in November 2009 was 8.1 percent.
Preliminary figures for November show Effingham County's unemployment rate jumped to 8.2 percent from 7.6 percent in October. Effingham's unemployment rate for November 2009 was ...

December 23, 2010 | Staff Report | Business

Two complete economic development education

The Board of the Georgia Academy for Economic Development announces Effingham County graduates from the 2010 Multi-Day Training Program in Region 12. Class participants represented a number of professional and non-professional economic development fields, including elected officials, public servants, business leaders, educators, and social service providers from the ten counties of Coastal Georgia.
The curriculum provides insights into the complexities of economic and community development on the local, regional, and state levels.
Effingham County graduates at the Dec. 1 ceremony were George Shaw, Effingham County Planning and Engineering Department, and Bobby Tippins, Georgia Power.
Created in 1993 by then-Gov. Zell ...

December 23, 2010 | Staff Report | Business

EFACEC delivers transformer

ATLANTA-The delivery of a 115 MVA/115 kV high capacity core-type transformer to a New Mexico wind farm this month is a signal of the new energy economy for several reasons:
It is the first American-built transformer from EFACEC USA's new plant at the Effingham Industrial Park - the only plant of its kind in North America.
It is the product of a revival of a U.S. industrial endeavor, which has created hundreds of high-tech, skilled manufacturing jobs for American workers.
For the complete story, see Tuesday's edition of the Effingham Herald.

December 20, 2010 | Staff Report | Business

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Articles by Section - Business

New office for Energy One Credit Union

The Effingham Chamber of Commerce had a ribbon cutting July 20 for Energy One Credit Union, which has moved its office from inside the Effingham ...

August 03, 2016 | Staff report | Business

Effingham jobless rate jumps to 5.2 percent

Unemployment in Effingham County rose to 5.2 percent in June, according to preliminary figures from the state Department of Labor.

August 03, 2016 | Staff report | Business

Diversification is important for retirees

During your working years, your primary investment goal is generally growth - you need your money to grow so that you can eventually afford the comfortable ...

August 03, 2016 | By Ryan Waters | Business

Get your affairs in order for an orderly estate

You may be quite willing to plan an investment strategy for your retirement years. After all, it can be enjoyable to think about traveling the ...

July 27, 2016 | By Ryan Waters | Business

State jobless rate falls to 5.1 percent

ATLANTA-The Georgia Department of Labor announced Thursday that the state's seasonally adjusted unemployment rate in June dropped to 5.1 percent, down two-tenths ...

July 27, 2016 | Staff report | Business

Georgia Ports approve inland terminal in Chatsworth

At its July board meeting, the Georgia Ports Authority approved a spending package of $19.7 million to construct the Appalachian Regional Port in Chatsworth.

July 27, 2016 | Staff report | Business

Savannah port gets call from its first vessel through expanded Panama Canal

The MOL Benefactor is the first vessel to call on Savannah through the new locks of the expanded Panama Canal. At a capacity of 10 ...

July 13, 2016 | Staff report | Business

GFB accepting hay contest entries

MACON-Georgia Farm Bureau members who grow Bermuda grass hay are encouraged to enter the 2016 GFB Quality Hay Contest. Hay entered in the contest ...

July 13, 2016 | Staff report | Business

Savannah area economy accelerating

Armstrong State University's latest Coastal Empire Economic Monitor reports that the Savannah metro economy accelerated during the first quarter of 2016. Solid gains in ...

July 06, 2016 | Staff Report | Business

Hospital move to non-profit on track

Effingham Hospital's conversion to a non-profit corporation is on track for an October start, officials said Tuesday afternoon.

July 06, 2016 | By Patrick Donahue | Business

Small business owners must protect their futures

If you're a small-business owner, you think a lot about today. Is your cash flow sufficient … today? Are your products and services competitive … today ...

July 06, 2016 | By Ryan Waters | Business

Parker’s promotes Risinger to inventory control lead

Parker's has promoted Priscilla Risinger to inventory control lead. In her new position, she supervises an inventory team to perform cash, retail and deli ...

July 06, 2016 | staff report | Business


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