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October 28, 2024
B2B Stories

Labor market set to explode in Burke County

Plant Vogtle’s workforce routinely propels Burke County to the highest average salary by area in the CSRA. A recent announcement will likely help support those numbers. Burke County is the latest to join the ranks of others in the CSRA, announcing a new manufacturing facility. TCM Transformers USA Inc. will build a more than $15 million facility in Waynesboro. Gov. Brian Kemp (R) made the announcement in a Thursday news release. He had toured the company’s facilities in Italy earlier this year. “When we lead economic missions overseas and meet

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Dana Lynn McIntyre October 28, 2024 No Comments
B2B Stories

Simon Says: Mixed bag of CSRA Economic News

There was mixed economic data for the Augusta Leading Economic Index (LEI) in August. As my wife says, “Give me the bad news, then cheer me up.” Residential building permits fell 8.6 percent in August to 290, the lowest monthly number this year. New data from the Federal Deposit Insurance Corporation reported that there were fewer dollars in local banks on June 30, 2024 than a year earlier. While this may represent consumer optimism and strong retail sales, it does reduce the capacity for future spending. The good news is that

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Dr. Simon Medcalfe October 28, 2024 No Comments
B2B Podcasting

SRP Ballpark Apartment Developer plans next project

In nearly two years, there will be more than 300 new apartment units in the CSRA. Fansler Construction, a contractor from Jacksonville, Florida is ready to build another high-end complex in the CSRA. Fansler Construction took the lead on Riverside Village, a 315-unit luxury complex adjacent to Greenjackets stadium in North Augusta. Their second project in the CSRA is also in North Augusta, a 343-unit complex located off Knobcone Ave. near Interstate 20. According to a news release, the project will feature seven 4-story buildings, seven townhome buildings, and five

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Staff Report October 28, 2024 No Comments