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Economics
B2B Stories

Update on CSRA multi-million-dollar investment

With an $800 million investment in Aiken, Meta is set to spark innovation throughout the CSRA. Next week, you’ll be able to get an update on exactly what that might mean for your business during the Aiken Chamber of Commerce’s State of Our Community event. Laura Warren, Meta’s Community Development Regional Manager, will be the keynote speaker for the Chamber event on Wednesday, August 20, from 4:00 pm to 6:00 pm at Aiken High’s new Performing Arts Center, 449 Rutland Drive. Meta is the parent company of Facebook, Instagram, Threads,

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Mitzi Oxford August 14, 2025 No Comments
B2B Stories

Multi-million-dollar expansion “connects” CSRA county

Comcast has completed a high-speed broadband expansion in McDuffie County, Georgia, as part of its $1 billion Project UP initiative. The expansion brings multi-gigabit Internet speeds with 99.9% reliability, supporting economic growth and connectivity needs for businesses and residents. The expansion delivers high-speed Internet, mobile, and security services from Xfinity and Comcast Business. The investment is helping to close the digital divide in areas that previously may not have had access. “Reliable Internet access is no longer a luxury; it’s a necessity for families, businesses, and communities to grow,” said County Chairman Chase

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Staff Report August 13, 2025 No Comments
B2B Stories

Simon Says: More local government jobs in June

In June, several sectors in Augusta saw some big changes – the largest being government employment, which increased by 770. State employment accounting for about a third of the increase, and local government employment accounting for the other two-thirds. Federal government was unchanged. However, state and local employment were two sectors that saw big revisions at the national level, so these local numbers could eventually come in lower. The Augusta Metropolitan Statistical Area (MSA) employment level remained unchanged in June at 248,100. As you will no doubt of heard from

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Dr. Simon Medcalfe August 12, 2025 No Comments
B2B Stories

Powering up for Georgia growth

Georgia Power has requested certification from the Georgia Public Service Commission (PSC) of new resources totaling approximately 9,900 megawatts (MW) to meet the energy needs of a growing Georgia. Some will be located in the CSRA. The majority of resources – approximately 8,000 MW – submitted to the Georgia PSC were chosen from bids submitted in an “all-source” request for proposals (RFP). The request includes power purchase agreements (PPAs) from existing resources, as well as new company-owned natural gas generation, battery energy storage systems (BESS), and BESS plus solar identified

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Staff Report August 8, 2025 No Comments
B2B Stories

U.S. Secretary of Energy on hand for opening of AMC

The latest feather in the cap for USC Aiken opens this morning, and U.S. Secretary of Energy Chris Wright will join Savannah River National Laboratory leadership and partners for a ribbon-cutting ceremony. The Advanced Manufacturing Collaborative (AMC), located on the campus of the University of South Carolina-Aiken, will provide a platform for public-private partnerships to improve advanced manufacturing in areas such as additive manufacturing, AI-driven automation, energy resilience, and nuclear applications. This facility will be a catalyst for regional economic and technological growth, while supporting partnerships and technology commercialization. “The

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Mitzi Oxford August 7, 2025 No Comments
B2B Stories

Government Contracting 101

By actively engaging with the government contracting process, businesses in the CSRA can tap into a valuable source of revenue and contribute to economic growth. If the task seems daunting, help is on the way. The government is the largest customer in the country, generating more than $400 billion in goods and services, and more than $100 billion in contracts are awarded to small businesses. Is your business ready to reap those rewards? Tomorrow, Thursday, August 7, from noon until 1:00 pm, Piedmont SCORE will host a webinar on Government

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Mitzi Oxford August 6, 2025 No Comments
B2B Stories

SRNS continues workforce development initiatives

Savannah River Nuclear Solutions (SRNS) continues to advance innovation and strengthen research partnerships that deliver solutions for the Department of Energy’s (DOE) critical missions. SRNS recently invited two representatives from Florida International University (FIU) Applied Research Center (ARC) to visit the Savannah River Site (SRS). The collaboration was formalized with the signing of a memorandum of understanding (MOU) in 2025, with a shared goal of identifying pathways, increasing the number of interns transitioning into full-service positions, strengthening technical capabilities, and raising ARC’s visibility. “One of our primary goals is to

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Staff Report August 6, 2025 No Comments
B2B Stories

Simon Says: 2025’s Been a Good Year!

It has been a while since I updated the Augusta Labor Market Index (LMI) because the Federal Reserve Bank of St. Louis had not updated its website since December. Recently, it did so through April, and the Augusta LMI has increased by 0.5 percent from December and is 1.2 percent higher than April 2024. The LMI measures labor market vitality through five components: employment, unemployment rate, labor force, average weekly earnings, and average weekly hours worked. Over the past five months, employment increased by 1,200, and the unemployment rate fell

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Dr. Simon Medcalfe August 5, 2025 No Comments
B2B Stories

Busy late July for Augusta banker and parent company

The Augusta market president for a Southeastern Bank has had a busy few weeks, from a trip to the New York Stock Exchange, also to receive an honor across the Peach State. All while the parent company of his bank acquired another bank! Chris McLaughlin from Colony Bank in Evans will be serving a three-year term as a member of the Leadership Georgia Bankers Association Board of Directors. Leadership GBA supports the advancement of career bankers by providing leadership development training, serving as a forum through which career bankers can network and

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Neil Gordon August 4, 2025 No Comments
B2B Stories

August meetings and conventions coming in HOT!

The temperatures are hot, and so are the projections for the economic impact of visitors headed to the Augusta River Region for meetings, reunions, and other events. More than 7,000 visitors will be in town, generating almost $6,400,000 in the month of August. The largest boost comes from the TechNet conference to be held in mid-August. This will be the 12th year TechNet has been hosted in Augusta. It brings in at least 6,000 attendees, with more than half coming from outside Georgia and South Carolina. That conference alone is estimated to generate more

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Mitzi Oxford August 1, 2025 No Comments
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