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Business

Trade Fuels Boom Market For Pecan Farmers

Georgia pecan farmers are planting thousands of new trees. It’s all to keep up with a growing demand for their product more than 7,000 miles away in China and they’re not stopping there. Farmer Trent Mason stands in the middle of his 2,000 acre pecan orchard in Fort Valley. On one side are 20-year old trees covered in tiny nuts and on the other 300 acres of saplings, planted in January.

Deal Wants Farm Worker Report

The state is looking into the farm worker shortage in South Georgia. Governor Nathan Deal is asking for a report after the industry complained there aren’t enough workers to pick the crops since the illegal immigration reform law was signed.

Ga. Farms Have Severe Worker Shortage

It’s nearly peak harvest time for south Georgia’s vegetable farmers, but they don’t have enough workers to pick the crops. The industry says it’s because of the state’s new immigration reform law.

Georgia Ports: No Cruise Ships Here

Georgia's ports officials have serious concerns about the possibility of a cruise ship terminal at their Savannah dock. The city recently paid a consultant $50,000 to create a feasibility study on how Savannah could start welcoming cruise ships. The study's top recommendation was a temporary cruise ship terminal at the Georgia Ports Authority.

Tornadoes Could Hike Insurance Rates

A spate of recent natural disasters could bump Georgia insurance rates, but not right away. State insurance officials say April tornadoes caused $145 million in losses. The Georgia Office of the Insurance and Safety Fire Commissioner reviews rate increase requests. An official says the 2008 tornadoes, not this year's, are affecting current requests.

Forecaster: Gas Prices To Slow Economic Growth

Rising gas prices will slow Georgia’s economy for the rest of the year. That's the prediction from an economic forecaster popular in Georgia’s business community.

Federal Regulators Question Nuke Design

Federal regulators are questioning whether nuclear reactors proposed for plant Vogtle near Augusta could withstand an earthquake. From WACG Noel Brown reports the decision could slow the licensing of the first new reactors to be built in the country in decades.

Proposal Would Add Natural Gas Stations

State officials are considering a proposal that could open more natural gas refueling stations on Georgia's highways. Atlanta Gas Light has asked the state Public Service Commission to tap into a government fund to help pay for ten to 12 new stations. But they wouldn't be for the general public.

NRC Questions Nuclear Reactor Design

Federal regulators say problems with a new nuclear reactor destined for Plant Vogtle near Augusta must be fixed before a decision can be made to approve the design. The Nuclear Regulatory Commission has questions about the reactor’s shield building and the pressures it would withstand during an accident.

Consultant: No Good Routes For LNG

There's no good route for trucks carrying liquefied natural gas through Savannah. That's the conclusion of a safety consultant hired to review a trucking proposal. Houston-based El Paso Corporation wants to put up to 58 trucks a day on Savannah roads.

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