B2B Stories

Awards

Local economic development leaders soak in Top-Ten list

A national publication recently studied economic growth and site development along the more than 1,500-mile stretch of Interstate 20. Augusta made a big impression. Site Selection Magazine, a publication that caters to business executives and site selection consultants, found the highest concentration in Dallas-Fort Worth-Arlington with 772 sites. Atlanta and New Orleans rounded out the top three. However, Augusta made the list, sitting at number 10. The study looked at all new corporate and end-user, facility investment projects over the past two years in the counties the interstate passes through.

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B2B Stories

Augusta makes the top 10

A report done by a national publication lists Augusta in the Top 10 locations for site development. Site Selection Magazine is the official publication of the Industrial Asset Management Council (IAMC). Founded in 1954, it is currently based in Norcross, Ga. “We are a controlled circulation, B2B publication that goes to corporate leaders with decision-making responsibility when it comes to facility, locations, and expansions,” Adam Bruns, Editor-in-Chief, head of Publications, explained for ABD. “We’ve gone to what would typically be a job title like the director of global real estate

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B2B Stories

CSRA businesses catch the bells and buzz of team building

Successful businesses are built on strategy, sometimes on physical skills, many times through teamwork, or a combination of all of the above. When it comes to developing a strong team, there is nothing like a good team-building experience. This one brings together a unique combination of skills and nostalgic charm. Radioactive Pinball Arcade opened two years ago and has written a story for business development. The gaming company, located in the Holley Building at 113 Laurens Street in Aiken, was started by Eric and Erin Edwards and will soon celebrate

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Awards

SRNS earns top award for mentoring small businesses

Savannah River Nuclear Solutions (SRNS) was recently named the Mentor of the Year by the U.S. Department of Energy (DOE) Office of Small and Disadvantaged Business Utilization (OSDBU). This accolade, part of the Annual Small Business Awards Program, recognizes SRNS’ mentorship and support to small businesses, exceeding the expectations outlined in the DOE Mentor-Protégé agreements. Through a combination of innovative approaches and dedicated mentorship, SRNS teams have empowered their protégés to successfully compete for federal contracts. By strategically aligning the skills of small businesses with current Site demands, particularly in

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B2B Stories

Strong outlook for back-to-school shopping

As students begin returning to classrooms, parents are hitting stores for clothing and school supplies. The National Retail Federation (NRF) examined consumer data and the impact of tariffs and inflation on back-to-school spending. ABD joined a webinar held by NRF to outline the findings. Mark Mathews, Chief Economist and Executive Director of Research for NRF, said what he refers to as “consumer sentiment” is very low, but he has seen a recent bounce. “When you look at the consumer’s finances, household net worth remains near record highs. We have discretionary

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Awards/Celebrations

CSRA bankers celebrate milestones with trip to New York

Ding ding ding! Ring the bell. Three area bankers, along with Colony Bank’s executive team, board of directors, and division leaders, just got back from Wall Street. The July 15th bell ringing on the floor of the New York Stock Exchange was a joint celebration of Colony’s move onto the NYSE and its 50th Anniversary. “We have been publicly traded for many years on the NASDAQ but made the decision to move to the NYSE last fall,” said ABD member Hugh Hollar, who attended the ceremony with colleagues Chris McLaughlin and Jennifer

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B2B Stories

CSRA college leading the way for cyber training

The University of South Carolina Aiken’s Regional Security Operations Center (RSOC) is leading the charge to improve cybersecurity infrastructure across the Central Savannah River Area (CSRA). By partnering with small-to-midsize governments, municipalities, school districts, and critical infrastructure facilities, the RSOC will provide essential cybersecurity services tailored to local needs. Launched in March 2024, the RSOC is among the first of its kind in South Carolina. It offers cybersecurity students hands-on experience as Tier 1 Security Operations Center Analysts, giving them a competitive edge by preparing them for Tier 2 roles

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B2B Stories

Local Manufacturers score big win against imports

Augusta-based Club Car and Textron, manufacturer of EZ GO and Cushman, led the way in a yearlong battle against Chinese imports of golf carts, personal transportation vehicles, low-speed vehicles, and light utility vehicles (collectively, LSPTVs). The U.S. International Trade Commission has made an affirmative final determination in the antidumping duty (AD) and countervailing duty (CVD) investigations on LSPTVs from China. The Commission found that domestic producers have been materially injured by unfairly traded imports of Chinese LSPTVs, paving the way for trade remedy orders to be put in place. The

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B2B Stories

REDI for economic development

Business executives and consultants who specialize in helping companies choose just the right spot for a location have a national database at their fingertips. Called REDI Sites, Readiness Evaluation for Development and Investment, it is provided by the Site Selectors Guild (SSG), an organization created to provide businesses with an experienced location strategy professional. Georgia and South Carolina have programs that highlight properties that are prime spots for new or expanding businesses. In South Carolina, they are called Palmetto Site, administered by the South Carolina Department of Commerce. According to

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B2B Stories

While Tariffs May Hurt, Uncertainty Kills

Editor’s note: In today’s ABD, we are focusing on an article that Dr. Franza wrote about tariffs, which are essentially the same as import duties. This is especially timely for two locally based manufacturers, which just got word about a big win against Chinese imports of their products. Much to the chagrin of many of my readers, particularly those who are University of Georgia football fans, I am an alumnus of the University of Notre Dame and an avid fan of its football program. Unfortunately, although it came close this

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