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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

State employment law to be reviewed in seminar

Georgia employment law topics will be the theme of Georgia Southern University's "LAW 108: Georgia Employment Law" seminar in Savannah just after the holidays.
Taught by an employment law attorney, the 90-minute, Jan. 11 seminar will review at-will and contract employment, negligent supervision/retention of employees, defamation in the context of employment references, and workplace privacy.
The Tuesday evening program runs 6-7:30 p.m. at the Coastal Georgia Center. The seminar provides 1.5 recertification credit hours for PHR, SPHR and GPHR-certified human resource professionals.
Registration closes at noon, Jan. 7. Register for the $59 seminar by calling ...

December 20, 2010 | Staff Report | Business

Ports notch another month of double-digit growth

Georgia Ports Authority's (GPA) Executive Director Curtis J. Foltz announced Monday the GPA experienced growth in November 2010, which is consistent with the double-digit growth rates that have been experienced since December 2009
"The Port of Savannah experienced moderate gains in November, following FY2011's very strong peak season," Foltz said. "We remain cautiously optimistic about future volumes through the ports and continue to prepare for larger vessels, currently calling on the U.S. East Coast."
The Port of Savannah's Garden City Terminal handled 124,348 containers or 222,281 TEUs (20-foot equivalent units), representing increases of 12 ...

December 20, 2010 | Staff Report | Business

Ports call on Atlanta business leaders

The Georgia Ports Authority, in partnership with the Georgia World Congress Center, the Supply Chain Leadership Council of the Metro Atlanta Chamber, the Regional Business Coalition, the Georgia Department of Economic Development, the Georgia Chamber of Commerce, and GeorgiaForward hosted a panel discussion regarding the impact of the Savannah Harbor Expansion Project (SHEP).
The event brought more than 350 members of metro Atlanta's business, economic development and logistics industries.
"Georgia's business leaders agree that it is imperative for us to make every effort to keep pace with the growing demands of global commerce," said GPA Executive Director Curtis ...

December 02, 2010 | Staff Report | Business

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