Georgia Ports Authority has signed an agreement with a Canadian firm to upgrade the Port of Brunswick. The Logistec Corporation will spend $5 million to deepen container berths and improve the facility that handles wood pellets. Ports spokesman Robert Morris says, the Brunswick port is close to customers making and exporting wood pellets from the heart of Georgia's timber land.
At least three major grocery store chains are recalling certain packages of ground beef due to possible E. coli contamination. The recalls at Winn-Dixie, Publix Super Markets and Kroger mainly in the southeastern U.S. stem from meat from National Beef Packaging Company of Dodge City, Kansas. The recalls affect products sold mainly in Florida, Georgia, Alabama, Mississippi, Louisiana, South Carolina and Tennessee, but the meat could have been distributed nationwide.
Developers are building Georgia's largest biomass plant in Laurens County. Plant will burn 1.2 million tons of wood waste per year. Developers are finalizing an agreement to sell the energy to Georgia Power.
Small agricultural businesses in Georgia and the South can get money to help sell their products abroad through a program with the Southern U.S. Trade Association. The group began accepting applications in August for federal money that will pay up to half of companies’ marketing costs to expand their exports.
Chatham County Commissioners are going forward with more study of a proposed hotel on Hutchinson Island. The hotel would be next to Savannah's waterfront convention center and could get some public financing. County officials say, private companies won't build the hotel without some kind of public support.
Competitive Initiative underway to increase business in Georgia. Regions have different strengths. Chamber president rejects notion of "two Georgia's".
A running event in Savannah is on pace to become Georgia's largest marathon and half-marathon. A spokesman for the national Rock 'n Roll Marathon group says, 20,000 people so far have registered for the November event. The spokesman says the running event is expected to sell-out at 23,000 people.
The proliferation of bank failures in Georgia has drawn the attention of Congress. The House Financial Services Committee's Subcommittee on Financial Institutions and Consumer Credit will host a hearing in Newnan on Aug. 16. U.S. Rep. Lynn Westmoreland says the hearing will focus on the impact regulations may be having on community banks.
Staffers at the Nuclear Regulatory Commission say they believe the new nuclear reactors to be built at Plant Vogtle are safe. Approval of the Westinghouse AP1000 design sets the stage for final commission approval.
Georgia started the fiscal year with some good economic news. Revenues are up 7.3 percent for July from the same month the year before. That's an increase of $84 million. Georgia ended the 2011 fiscal year reporting 8 percent growth, beating budget projections for the year. That came after several years of sluggish tax collections.