Economics

B2B Stories

Business partnership brings first electric charging stations to the CSRA

The Augusta Regional Airport just celebrated the future of land and air travel by unveiling its new electric vehicle charging stations. AGS is the first airport in the state of Georgia to have these stations. The car charging stations have been added just in time for the 2023 Masters Tournament, when thousands of people from around the world will fly into Augusta. The charging stations were made possible by a partnership between the airport, Georgia Power, BETA Technologies, and the Georgia Department of Transportation. In the future, one of those

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B2B Stories

Local hotel undergoes extensive renovations in time for Masters Week

Major renovations of a local extended-stay hotel will be completed by Masters Week, according to Betty Carter. Carter, General Manager of Candlewood Suites located at 1080 Claussen Road in Augusta, said many parts of the hotel, including the lobby, front desk, guest rooms, fitness center, and gazebo, have been remodeled. “We have a new parking lot, business center, hallway lighting, furniture, kitchen cabinets, and security with door locks and cameras,” she said. The total price tag for these renovations, which began last year, is approximately $1.25 million. Carter said so

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B2B Stories

Is your money safe in CSRA banks?

Government leaders and federal banking regulators urge Americans not to panic after the collapse of two U.S. banks, assuring them their deposits are safe, covered by the FDIC up to $250,000 per account. In general, that covers checking and savings accounts or Certificates of Deposit. The ready cash you have in your bank. Mark Koppelmann, a certified financial planner with FinancialConnex, said the fear has not risen to the level seen during the economic crisis of 2008. For the most part, markets have absorbed the news while continuing to function

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ABD Extra

Simon Says: How are Augusta’s employment numbers in 2023?

The first economic data for 2023 is in, and it isn’t good news for the Augusta Metropolitan Statistical Area (MSA). Employment fell by 2,000 from December to 242,200 which was its lowest level since March 2022. By comparison, employment in the state of Georgia rose by 16,600, and 8,900 in South Carolina. Nationally, the economy added 517,000 jobs in January. Most industries increased employment at the national level, with leisure and hospitality leading the way. Employment in these areas increased by 128,000. Likewise, the Augusta MSA leisure and hospitality jobs

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ABD Extra

Economic Update: A look at the people who make businesses go round

There’s much to be glad about! Dave Holdeman from The Alternative Board of the CSRA and Augusta Business Daily publisher, Neil Gordon discuss the importance of employee morale and what’s coming to the CSRA in this week’s economic update. They discuss what it takes to run a business, as well as what companies can learn from exit interviews.

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ABD Extra

CSRA: Fertile Ground for Economic Growth and Development

When Neil Gordon told me that he was planning a weekly special issue of the Augusta Business Daily focused on Economic Development, I wholeheartedly thought it would be a great idea and definitely wanted to be a part of it. Upon my arrival in Augusta and the CSRA a little over six years ago, I quickly realized that this area had many of the pieces in place for significant economic development and in those six years, additional important pieces have been put in place. In this, my first column for

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B2B Stories

CEO shares story of unexpected revival of family business

When Stephanie Stuckey bought the iconic company her grandfather built, her father told her she had never even run a lemonade stand before and questioned her ability to run that company. In 2019, Stuckey, a former attorney and Georgia state representative, used her life savings to buy back Stuckey’s, a struggling company that owns and operates a chain of convenience stores that sell a variety of items, including pecan candies, gas, and souvenirs. In 1937, during the Great Depression, her grandfather, W.S. Stuckey Sr. started the company as a roadside

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B2B Stories

$68 million investment will create more than 1000 jobs in CSRA

A Vietnam-based company that makes and retreads large, commercial vehicle tires will build a manufacturing plant near Fairfax in Allendale County. The facility will be the first U.S. location for Tin Thanh Group Americas. The $68 million investment and hiring of more than 1000 employees are a boost for Allendale County which has the second-highest unemployment rate in the state. “Tin Thanh Group Americas is excited to make South Carolina home for its first location outside Vietnam and is proud to be South Carolina’s first Vietnamese company,” said Chief Executive

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B2B Stories

Multi-million dollar project brings new look to Augusta Regional Airport

Folks traveling through Augusta Regional Airport will see changes underway from the moment they turn into the main entrance off Doug Barnard Parkway. The sign that welcomes guests to the airport has been transformed with a new logo unveiled yesterday. The new logo will also be used to upgrade signage and for social media. Airport Executive Director, Herbert Judon, Jr. said the new look is part of the growth and transformation underway at the airport. “We’re at a transition and we’re doing so many things right now and this is

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B2B Stories

Eisenhower family to attend Fort Gordon name-changing ceremony

When Fort Gordon becomes Fort Eisenhower, members of the General’s family will not only be heading to the post just outside of Augusta, but they are also helping plan the date for the renaming ceremony. Their request is that the event be held in October, which would coincide with former President Dwight Eisenhower’s birth date of October 14. “Fort Gordon Command staff is working with the Eisenhower family on the final details for the exact date of the event, one that is mutually accommodating,” said Lesli Wouters, Chief of Public

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