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Archive By Section - Business


Hospital praised in annual audit

Effingham Hospital received overall praise for its progress in 2008 and praise for the additional services it has brought to the community during an annual audit presentation from Jim Creamer on Tuesday evening.

November 28, 2008 | Staff Report | Business


SBDC to hold entrepreneur workshops

A series of four workshops entitled "Entrepreneur Development Certificate Program" or EDCP will be held on Tuesday evenings beginning Nov. 18 and continuing each Tuesday through Dec. 9 in the conference room of the Small Business Assistance Center, 111 East Liberty St., Savannah.

November 28, 2008 | Staff Report | Business


Reiser and Reiser open house

November 25, 2008 | Staff Report | Business


SBA loan volume falls for 2008

WASHINGTON - A "perfect storm" of tightened credit by commercial lenders, declining creditworthiness and reduced demand for loans from small business borrowers uncertain about the future has led to a substantial decline in the number of small business loans guaranteed by the U.S. Small Business Administration during FY08, SBA Acting Administrator Sandy K. Baruah said Friday.

November 25, 2008 | Staff Report | Business


Here’s a ‘checklist’ for surviving a financial crisis

Over the past few weeks, the news has been almost incomprehensible. It's hard for many of us to make sense of the failure of major Wall Street firms and large banks and the $700 billion bailout of the financial sector. And it's hard for investors to be calm when stocks have fallen almost 30 percent from their all-time high a year ago. What can you do to cope? Consider the following "checklist" for surviving a financial crisis:

November 25, 2008 | Frank Bevenour Guest Columnist | Business


Spine and Sport backs FORCE food drive

In response to a call to action put out by Food Outreach Co-op of Effingham (FORCE), a not for profit organization that collects non-perishable items for area food pantries in Effingham County, Spine and Sport will have a week-long food drive at its Rincon office, beginning Nov. 3.

November 21, 2008 | Staff Report | Business


Casey, Howe join Coldwell Banker team

Stephanie Casey and Alicia Howe have joined Coldwell Banker Intercoastal Realty as full-time sales associates.

November 21, 2008 | Staff Report | Business


Citizens Bank marks 10th year

A steady downpour couldn't dampen the enthusiasm from Citizens Bank of Effingham's staff.

November 18, 2008 | By Patrick Donahue | Business


Rincon-based Temcor in design stages for another port storage tank

Temcor is working on a design for a second 110-foot diameter dome for a storage tank at the Vopak Savannah port facility.

November 14, 2008 | Staff Report | Business


Coastal Georgia jobless rate hits 6 percent

ATLANTA - The Georgia Department of Labor reported that the unemployment rate in Coastal Georgia rose to a preliminary unadjusted rate of 6.0 percent in September, up 1.9 percentage points over the year from September of 2007. The jobless rate in Coastal Georgia rose one-tenth of one percentage point from a revised 5.9 percent in August.

November 14, 2008 | Staff Report | Business


Manage your savings during retirement with income investments

You've spent many years planning for retirement and since that time is finally near, you may wonder where to invest your money and whether or not your savings will last throughout retirement. Many newly retired investors think switching to a conservative investment approach is best. However, the growth of your savings after retirement is just as important as when you first started saving.

November 14, 2008 | Mark Czachowski Guest Columnist | Business


State unemployment rate hitting a 16-year peak

ATLANTA - The Georgia Department of Labor (GDOL) reported that the state's seasonally adjusted unemployment rate rose to 6.5 percent in September, the highest rate in 16 years. The jobless rate was up two percentage points from 4.5 percent at this same time last year. The September unemployment rate was up two-tenths of one percentage point from 6.3 percent in August.

November 11, 2008 | Staff Report | Business


Citizens Bank to mark 10th anniversary

Citizens Bank will celebrate its 10th anniversary this Friday with prize drawings and complimentary hot dogs, hamburgers and soft drinks at each of its offices in Springfield, Rincon, Guyton and Port Wentworth.

November 11, 2008 | Staff Report | Business


Transition to retirement — what ‘first wave’ boomers should know

If you're a "senior" member of the baby boom generation - generally defined as those born between 1946 and 1964 - you've seen a lot in your life: the Cold War, the first moon landing, the birth of the Internet and much more. But in just a few years, you may face something you probably never thought you'd see: your retirement. To make a smooth transition to this stage of your life, you'll need to become familiar with a few key financial topics.

November 11, 2008 | Frank Bevenour Guest Columnist | Business


SBA disaster loans available

ATLANTA - The U.S. Small Business Administration announces that federal economic injury disaster loans are available to small businesses, small agricultural cooperatives and most private, non-profit organizations of all sizes located in the state of Georgia as a result of drought and excessive heat that occurred on Jan. 1, 2008, and continuing.

November 11, 2008 | Staff Report | Business


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Articles by Section - Business


EHS names Pizzino chief information officer

Mary B. Pizzino has been named the chief information officer of the Effingham Health System.

March 24, 2014 | Staff report | Business


Legislature approves additional $35M for port deepening

The $35 million in additional port deepening funds proposed by Gov. Nathan Deal has been approved by the state legislature and now awaits the governor's signature.

March 20, 2014 | Staff report | Business


State unemployment rate dips to 7.1 percent

ATLANTA - The Georgia Department of Labor announced that Georgia's seasonally adjusted unemployment rate decreased to 7.1 percent in February, down two-tenths of a percentage point from 7.3 percent in January. The rate was 8.5 percent in February a year ago.

March 20, 2014 | Staff report | Business


Chamber welcomes new businesses

The Effingham Chamber of Commerce celebrated ribbon cuttings for Howard Family Dental and That Dress.

March 17, 2014 | Staff report | 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


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