EFACEC's power transformer manufacturing plant outside of Rincon looks to play a vital role in re-energizing the regional economy with a net state impact of $23.75 million and an additional Effingham County impact of $39 million by 2017, according to figures from the Georgia Department of Economic Development's Global Commerce Division.
Georgia Power is getting ready to upgrade transformers in the Rincon commercial area in advance of a planned power outage April 12. The affected area will include the Subway Shop, the Sonic, the Days Inn, Effingham Herald offices and others in the commercial center along Highway 21.
Georgia Ports Authority's Executive Director Curtis J. Foltz announced Monday at its board meeting that the GPA continued to experience positive growth during February and has recorded three consecutive months of increased trade through its ports.
ATLANTA –- The Georgia Department of Labor reported Wednesday that the preliminary unadjusted unemployment rate in metro Savannah rose to 9.3 percent in January, up eight-tenths of one percentage point from a revised 8.5 percent in December. Meanwhile the number of unemployed workers in the area increased to 16,315, up 1,496 from 14,819 in December.
It's been about a year since stock prices hit their low point during the long bear market. Since then, of course, we've seen a big rally, but some of the decisions you made when the market was at its lowest point may still be affecting your portfolio's performance and prospects. So now that we've reached the one-year anniversary of the market bottom, it's a good time to see where you are today and how you can prepare for tomorrow.
Hobby Stripling, state executive director of USDA's Farm Service Agency in Georgia announced that USDA has a revised Trade Adjustment Assistance for Farmers Program. Under the program, the USDA provides technical assistance and cash benefits to eligible producers of raw agricultural commodities and fishermen who have been hurt by import competition.
ATLANTA - The Georgia Department of Labor reported that the state's seasonally adjusted unemployment rate rose to 10.4 percent in January, topping the previous record high of 10.3 percent reported in December.
On Feb. 19, nine sales associates at Coldwell Banker Intercoastal Realty were recognized by the Savannah Board of Realtors as members of The Distinguished Sales Society. Those receiving the award are Sue Anderson, Kim Goode, Judy Quinney, Stephanie Casey, Emily Pigman, Ann Cade, Alicia Howe, James Presnell and Carrel Donnell.
Georgia Ports Authority Executive Director Curtis J. Foltz announced that a new set of electrified refrigerated container racks were completed and came online in Container Berth Five (CB-5) last week. With the 10 new racks, Garden City Terminal now has a total of 44 racks, which accommodate 1,056 containers.