Economics

Employment in the Augusta Metropolitan Statistical Area (MSA) increased by 900 workers in April from March. There are 248,200 employees in the Augusta MSA, a record high. Obviously, April plays host to the Masters Tournament, and there were some golf-related boosts to some sectors of the economy. Employment in the “leisure and hospitality” sector increased by 400. “Other services” services are defined by the Bureau of Labor Statistics to include “equipment and machinery repairing, promoting or administering religious activities, grantmaking, advocacy, and providing drycleaning and laundry services, personal care services,

Mega Metal, a copper wire manufacturer, announced it has selected Fairfield County to establish the company’s first South Carolina operation. The $34 million investment will create 135 new jobs. Headquartered in Turkey, Mega Metal manufactures copper wire to serve critical industries including automotive, medical, aerospace, defense, and more. The company has over 700 employees and distributes products to more than 30 countries. Located at 364 Blue Granite Parkway in Ridgeway, Mega Metal’s 91,000-square-foot facility will manufacture superfine electrolytic oxygen-free (EOF) copper wire. Once fully operational, the state-of-the-art manufacturing facility is expected