Archive By Section - 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.
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.
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.
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, ...
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.
Do all your stocks and mutual funds look alike?
Like most people, you probably gravitate toward things that you're familiar with and that you like. If you enjoy classical music, your shelves may be full of Beethoven and Ravel. If you love pasta, your cupboards may be bulging with spaghetti and ravioli. In most parts of your life, there's nothing wrong with this type of devotion - but, if it's carried over to your investment portfolio, you could run into problems.
Citizens Bank celebrates Port Wentworth grand opening
Citizens Bank of Port Wentworth celebrated its grand opening Friday, highlighted by several giveaways.
Are you financially prepared to help aging parents’ needs?
If you have your parents during much of your adult life, consider yourself fortunate. As they age, however, you will need to become increasingly aware of added responsibilities you may have to assume. And by planning ahead, you can help make everyone's lives easier.
Howell joins Atlantic Southern
Finn Howell has joined Atlantic Southern Bank as VP/Senior Lending Officer in Savannah.
Lord Eye Center announces its new affiliation
Statesboro - Lord Eye Center, one of the largest privately-owned eye care centers in Georgia, recently announced an affiliation with Woolfson Eye Institute of Atlanta.
Tractor Supply names Reid as manager
BRENTWOOD, Tenn. - Steven Reid has been named store manager at the Rincon Tractor Supply Company store that is under construction, according to district manager Jeff Johnson.
Kessler named Coastal Bank VP
SAVANNAH - The Coastal Bank headquartered in Savannah, recently hired Wayne Kessler as a vice president and credit officer. In his new position, he is responsible for managing the bank's credit and underwriting services.
Chamber to launch entrepreneur-friendly initiative
Effingham County Chamber President Freddy Long announced the formation of a new Chamber task force that will assist would-be entrepreneurs and small businesses in Effingham County.
Does IPO spell investment success?
If you've ever spent any time among investors, you're bound to have heard someone say: "If only I had gotten in on the ground floor of Company A (or Company B or Company C)." In investment terms, "getting in on the ground floor" means buying a company's stock shares when they first go on sale - an initial public offering (IPO), to use the official term. But is it really that desirable to invest in an IPO?
Busy first day at Citizens Bank branch
It was a busy opening day for Citizens Bank of Port Wentworth. The bank, the first for Citizens Bank outside of Effingham County, opened July 16 at 9 a.m. The drive-through lanes opened at 8:30 a.m.
Articles by Section - Business
April the second-busiest month in ports history
The Georgia Ports Authority announced Monday that the Port of Savannah posted its second highest monthly volume ever in April with 260,035 20-foot equivalent units (TEUs), which was a 8.5-percent increase compared with April 2010.
Welcome to the team
Dr. Joseph Ratchford, left, and Dr. Prakesh Patel, center, of Effingham Medical Partners, welcomed Rick Garland to their staff. Garland is a physician's assistant and said he hoped he can take some of the load off Dr. Ratchford and Dr. Garland since they have been without a PA.
H&R Block banquet
The H&R Block banquet was held April 19 at the New Ebenezer Retreat Center.
Badcock cuts the ribbon
Effingham Chamber of Commerce and representatives from Badcock watch as Norman Mattice, manager of the Rincon store, uses a giant pair of scissors to cut the ribbon to officially mark the remodeled Backcock Home Furniture & More's opening.
Building gets new life as Second Life
The Effingham County Chamber of Commerce held a ribbon cutting for Second Life Thrift Store in Guyton. Life Director, Fran Todd, along with local manager, Nina Dasher, welcomed the crowd gathered to celebrate the store's opening next to the Guyton City Hall.
Metro Savannah jobless rate falls to 8.6 percent
ATLANTA – State Labor Commissioner Mark Butler said that the preliminary unadjusted unemployment rate in the metro Savannah area decreased to 8.6 percent in March, down five-tenths of a percentage point from a revised 9.1 percent in February. The jobless rate in the metro Savannah area in March a year ago was also 8.6 percent.
Georgia Southern to embark on major capital campaign
Georgia Southern President Brooks Keel announced Wednesday the university's intent to kick-off a major capital fundraising campaign to fund continued growth and advancements in the college's quality of education.
Deal applauds Kia’s expansion announcement
Kia Motors announced last Thursday at the New York International Auto Show that it will begin producing the critically acclaimed Kia Optima midsize sedan at its West Point plant. Production on the 2012 Optima will begin in the third quarter of this year, and Kia Motors Manufacturing Georgia, Inc. (KMMG) is currently accepting applications for the 1,000 workers it intends to hire to support this new production line. The total number of team members at ...
Georgia Ports welcome world’s largest RoRo vessel
The Georgia Ports Authority welcomed the largest RoRo (Roll-on / Roll-off) vessel ever to call Georgia's deepwater ports when the M/V Tønsberg, operated by Wallenius Wilhelmsen Logistics (WWL), docked at the Port of Brunswick's Colonel's Island Terminal RoRo Facility on Monday. Following discharging and loading activity in Brunswick, the Tønsberg will call the Port of Savannah's Ocean Terminal today.'
State Chamber creates transportation affiliate
The Georgia Chamber of Commerce announced today the creation of a new transportation-focused affiliate, the Georgia Transportation Alliance (GTA).
Effingham Chamber gears up for its small business summit
The Effingham County Chamber of Commerce will host its 3rd Annual Small Business Summit on May 12 from 10 a.m.-4 p.m. The summit will be held at the Holiday Inn Express Conference Center at I-95 and Highway 21 in Port Wentworth.
GPA’s Colonel’s Island posts its best month
SAVANNAH-The Georgia Ports Authority (GPA) announced that the Port of Brunswick posted its best month ever in March for automobile and machinery units or Ro/Ro (roll-on/roll-off) cargo at Colonel's Island Terminal with a total of 42,740 units.
Deal: State infrastructure fueled Kia jobs
Kia Motors' West Point manufacturing plant received the equipment necessary for its expansion Monday. The equipment, which arrived in the Port of Savannah last week, was transported 300 miles to Kia Motors Manufacturing Georgia, Inc.
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