Archive By Section - Business
Medient agrees to buy movie sales company
Medient Studios, Inc. has signed a memorandum of understanding to acquire 100 percent ownership of Germany-based Atlas International Film GmbH.
DOT to halt road work near major shopping areas for weekend
Motorists heading out to the mall for back-to-school shopping during the sales tax holiday can better enjoy their travels through major shopping districts in southeast Georgia. The Georgia Department of Transportation announced that construction-related lane closures on all interstate and major state system highways within five miles of shopping malls or major shopping districts will be suspended beginning Friday at 8 a.m. until Saturday at 10 p.m.
Another banner year for the ports
SAVANNAH - The Georgia Ports Authority marked record volumes for fiscal year 2013 in total tonnage, bulk cargo, total auto-machinery units and freight moved by intermodal rail.
Effingham’s jobless rate rises
ATLANTA - The Georgia Department of Labor announced Thursday that Effingham County's unemployment rate for June was 7.6 percent, a rise of half a percentage point from the revised May figure of 7.1 percent. State statistics also show that Effingham's labor force size decreased, even as the number of unemployed workers rose.
Brunswick port growing its wheat export business
A bumper crop of wheat has led to a booming export business at the Port of Brunswick, with the first export vessel of the season departing Thursday.
Medient, IDA take another step forward
A film studio planning a mammoth development in Effingham County took another of its needed many big steps Monday afternoon.
State jobless rate climbs to 8.6 percent in June
ATLANTA - The Georgia Department of Labor announced Thursday that Georgia's seasonally adjusted unemployment rate increased to 8.6 percent in June. The rate was up three-tenths of a percentage point from 8.3 percent in May, but it was down five-tenths of a percentage point from 9.1 percent in June a year ago.
Mobile center allows ports to keep going in a storm
The Georgia Ports Authority recently unveiled a new mobile command center. The MCC is a deployable unit from which the GPA can manage its entire operation.
Medient gets its cue for studio groundbreaking
The groundbreaking has been set for Medient Studios' massive development planned in Effingham County.
Grant to GSU could help owners of rural businesses
Georgia Southern University's Bureau of Business Research and Economic Development (BBRED) has been awarded a $295,927 grant by the North American Development Bank (NADBank) to expand Georgia's Enterprise Network for Innovation and Entrepreneurship (GENIE) project.
Governor ushers in inland ports deal for direct rail route
A new inland port agreement signed last week by Gov. Nathan Deal, the Georgia Ports Authority and Cordele Intermodal Services will create and expand international markets for regional business.
GSU’s economic impact exceeds $500M
STATESBORO - The annual survey on the economic impact of the University System of Georgia reveals Georgia Southern University had a $524 million economic impact on Statesboro and the Bulloch County area and accounted for more than 6,500 jobs in fiscal year 2012.
Study shows SSU has $148M impact on economy
SAVANNAH - An annual study of the economic impacts of University System of Georgia institutions released Wednesday proved that Savannah State University continues to be a major force in the local economy, pumping approximately $148 million into the Savannah metropolitan area during fiscal year 2012.
Serving up a reception for a new practice
Effingham Health System welcomed its latest addition Monday with a reception for Dr. Xiaofeng "Frank" Zhong.
Studio ready to dig in with project
With the anticipated closing of the deal between Medient Studios and the Effingham Industrial Development Authority less than two weeks away, the first steps of work on the 1,550-acre site are under way, according to the company.
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.
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.
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.
Chamber welcomes new businesses
The Effingham Chamber of Commerce celebrated ribbon cuttings for Howard Family Dental and That Dress.
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.
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.
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.
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.
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.
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.
‘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.
Interest builds again in IDA’s Treutlen site
The loss of a Chinese phosphate company hasn't slowed the Effingham Industrial Development Authority.
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.
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.
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.
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