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Archive By Section - Business


WaMu becomes biggest bank to fail in US history

NEW YORK -- As the debate over a $700 billion bank bailout rages on in Washington, one of the nation's largest banks - Washington Mutual Inc. - has collapsed under the weight of its enormous bad bets on the mortgage market.

October 11, 2008 | By Madlen Read Associated Press writer | Business


Bank VP on Savannah Tech board

The Coastal Bank's executive vice president and chief operating officer, Jim LaHaise, has been named to the Savannah Technical College Foundation Board of Directors. As part of Savannah Tech's board, LaHaise will help shape the vision and the future of this regional technical college.

October 11, 2008 | Staff Report | Business


State officials on business junket

ATLANTA -- Georgia Gov. Sonny Perdue is traveling to Europe for a weeklong economic development trip, even as he's asking state agencies to cut back on travel amid the state's budget crunch.

October 10, 2008 | By Shannon McCaffrey Associated Press writer | Business


New lease may add jobs in Midway

The Liberty County Development Authority approved the transfer of the lease of Harbin Lumber Co. in the Midway Industrial Park to Vidalia Naval Services during a called meeting last week, a move they hope will mean more jobs.

October 07, 2008 | By Alena Parker Staff writer | Business


What the financial crisis means for us

Crumbling business on Wall Street has made its way down south to Liberty County as

October 04, 2008 | By Alena Parker Staff writer | Business


New power plants to burn wood

ATLANTA (AP) _ Leftover sawdust and wood chips will eventually provide electricity in Georgia under a deal state officials announced Thursday.

October 04, 2008 | By Shannon McCaffrey Associated Press writer | Business


Government proposes massive financial bailout

WASHINGTON (AP) -- Urgently moving on multiple fronts to stem the worst financial crisis in decades, the government moved Friday to protect money market mutual funds against losses and temporarily banned short-selling of company stocks. The Treasury Department asked Congress to give it sweeping power to buy up toxic debt that has unhinged Wall Street.

October 04, 2008 | By Jeannine Aversa and Julie Hirschfeld Davis Associated Press writers | Business


Garnishments dip in Liberty County

County Clerk of Courts Barry Wilkes could not explain why Liberty County is seeing a decrease in creditors suing for property or forfeited wages while metro Atlanta offices recently have been falling behind because of so many garnishment filings.

October 02, 2008 | By Alena Parker Staff writer | Business


Most won't feel change to digital TV

Gov. Sonny Perdue started urging people last month in a press release to prepare now for the upcoming switch to all digital broadcast television, but Comcast cable, the area's only cable provider, said there's no need for its clients to worry.

September 27, 2008 | By Alena Parker Staff writer | Business


State jobless rate tops national

Unemployment across the country is the highest it's ever been in five years, according to a federal report released last week. The country saw unemployment jump from 4.7 percent in July 2007 to 6.1 percent last month. State and local officials acknowledged the soaring statistics and tried to explain why so many more people are without work.

September 25, 2008 | By Alena Parker Staff writer | Business


Courier deliveries delayed Friday morning

The press that prints the Coastal Courier broke down Thursday night, delaying delivery of the Friday's paper.

September 20, 2008 | Staff report | Business


Chemtall gets permits to expand

Citizens at a public meeting in March were united in saying a new SNF-Chemtall permit needed more study and more input, but the state Environmental Protection Division has approved the permit.

September 18, 2008 | By Joe Parker Jr. Staff writer | Business


New shops, restaurant on MLK

It's been less than a year since North Main Construction started work, but Centre Plaza on Martin Luther King Jr. Drive is now complete and will open as early as next week.

September 16, 2008 | By Alena Parker Staff writer | Business


Food Lion's second store here nearing completion

Food Lion is set to open a new store at 2389 W. Highway 196 in Hinesville later this fall. The store will be Food Lion's second in Hinesville, and the city's fourth grocery store overall.

September 06, 2008 | By Caroline Gotler Correspondent | Business


Scrapbooker makes her own memories

ST. CLOUD, Minn. - Judy Carter of Hinesville recently celebrated 10 years as a Creative Memories consultant as well as a significant birthday while visiting her home state of Minnesota and attending the 2008 Creative Memories National Convention, "Showcase," in Minneapolis.

September 06, 2008 | Special to the Courier | Business


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Articles by Section - Business


Ameris Bancorp to buy The Coastal Bank

MOULTRIE -- Ameris Bancorp, the parent company of Ameris Bank, Tuesday announced 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 11, 2014 | Special to the Courier | Business


Photography shop marks opening

Joanna Ng Photography was welcomed as a new member of the Liberty County Chamber of Commerce on Feb. 20 at the chamber offices in Hinesville.

March 09, 2014 | Special to the Courier | Business


Homes for Heroes ranks area realtor high

Homes for Heroes recently named Lisa Scales with Keller Williams Realty Coastal Area Partners its No. 2 realtors affiliate nationwide in 2013, based on number of heroes served.

March 07, 2014 | Special to the Courier | Business


Gun manufacturer cutting workforce

North Bryan-based engineering and weapons manufacturer Daniel Defense announced Tuesday a 14 percent net reduction in workforce due to current market conditions.

March 05, 2014 | By Jeff Whitten Correspondent | Business


Job fair, business expo here in April

The Liberty County Chamber of Commerce will host a job fair and business expo from 10 a.m.-2 p.m. April 9 at the Shuman Recreation Center in Hinesville.

March 02, 2014 | Special to the Courier | Business


Meat, seafood shop opens in Midway

Coastal Meat and Seafood held a grand opening and ribbon cutting, in conjunction with the Liberty County Chamber of Commerce, Feb. 21 at 9784 Seagrass Plaza, suite C, on E. Oglethorpe Highway in Midway.

March 02, 2014 | Special to the Courier | Business


Coastal Bank hires new mortgage originator

SAVANNAH - Gerald Lee recently was hired as a mortgage loan originator by The Coastal Bank at the bank's Hinesville office, 101 W. Henry St.

March 01, 2014 | Special to the Courier | Business


Courier going to metered paywall

In an attempt to show potential new online readers what the Coastal Courier has to offer in the way of up-to-the-minute updates on intensely local news, sports, features and events, the multimedia company will launch its new metered paywall Saturday, March 1.

February 28, 2014 | By Denise Etheridge | Business


Report: Film company was denied access to track

After days of rumors, conjecture and finger-pointing, the office investigating last week's fatal train accident in Wayne County has issued a preliminary report.

February 26, 2014 | By Bill DeYoung Correspondent | Business


Airport operator hoping to promote it

MidCoast Regional Airport's new fixed-base operator told local Joint Management Board members Wednesday that efforts to reduce costs, train airport staff in fuel quality control and promote the airport are going well.

February 25, 2014 | By Denise Etheridge | Business


OMI drops suit against Richmond Hill

The public works company Operations Management International has dropped its $2 million lawsuit against Richmond Hill, a mere two months after it was filed.

February 25, 2014 | By Jeff Whitten Correspondent | Business


Small scam can cost consumers plenty

When you check your credit-card statements every month for thefts, your eyes likely scan down the column of figures for large amounts that indicate scammers have used your card for major purchases.

February 23, 2014 | By David Uffington Columnist | Business


State revenue up in January

Gov. Nathan Deal recently announced that Georgia's net tax collections for the month of January totaled almost $1.81 billion for an increase of $76.25 million, or 4.4 percent, compared to the month-ended January 2013.

February 16, 2014 | Special to the Courier | Business


Chamber, CVB launch new website

The Liberty County Chamber of Commerce and Convention and Visitors Bureau launched its new website Feb. 6.

February 15, 2014 | Special to the Courier | Business


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