Encore Plastics Corp, a Sandusky, Ohio-based plastics manufacturer, says it will open a plant in Forsyth early in 2011.
Unemployment in Georgia continues above the national average. That meant the State had to borrow money from the federal government to help pay benefits. The debt is rising and the state will soon have to pay interest.
Georgia Power goes before state regulators Monday to give a status report on the nuclear expansion of Plant Vogtle near Augusta. Public Service Commissioner Bobby Baker says things are going as planned for the two new reactors scheduled to go online in 2016 and 2017. "There have been changes but not any substantive changes as far as the cost or design right now." Baker says the company anticipates federal regulators to sign off on the design next September as scheduled.
A new economic forecast from Georgia State University says parts of the state are doing well. Augusta is among the best performing areas.
Kia Motors plans to hire another 1,000 workers at its west Georgia plant. The auto-maker opened the online application process for prospective employees for its plant in West Point, which is near the Alabama state line.
Savannah city officials are considering cutting their film office budget. The move is aimed at closing a gap in revenues and spending. But it's striking some in the film industry as short-sighted. The city recently hosted two high-profile movies that brough the area millions of dollars.
The Atlanta-based company saw a jump in net-income and says a tight hold on expenses helped to bring about a positive report.
Gulfstream Aerospace has announced a major new expansion that will create more than 1,000 new jobs. A seven-year, $500 million plan represents a bright spot in Georgia's recession-wracked economy. Company officials say, many of the jobs will be at its Savannah headquarters in areas like production engineering and technical support staff.
The company that manages the former nuclear weapons complex near Augusta says it's laying off 1,400 contractors next year. Savannah River Nuclear Solutions announced the news Wednesday in a memorandum to employees. The memo said the company is offering severance packages to people who volunteer to leave or retire starting next week.