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B2B Stories

Airport celebrates Air Show and Masters’ numbers

Members of the Aviation Commission heard the preliminary report on the Augusta Air Show held May 13 and 14. Final attendance numbers are still being tallied, but Bryan Lilley, CEO of AirDotShow which organized the event, called it a very successful inaugural event, with Saturday as the biggest day. “Tens of thousands of attendees inside the airport and over a hundred thousand local residents in the surrounding area we flew over enjoyed the air show,” he said. Destination Augusta is also adding up the final numbers on the air show’s

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B2B Stories

AU President gives annual State of the University address

Augusta University President, Dr. Brooks Keel reviewed the past year and outlined the university’s future during his annual State of the University address. Keel said the past year has marked the development of a number of partnerships that will result in more opportunities for students to advance their education and be trained to join the workforce. One partnership is with Augusta Technical College. Keel credited Augusta Tech President, Dr. Jermaine Whirl with helping create the program called Augusta Advantage. “So, those students who go there and get an associate’s degree

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B2B Stories

“Hub City” designation results in billion-dollar investment

Augusta is one of only five cities chosen for President Joe Biden’s Investment in America project. Fort Gordon, the Medical College of Georgia, and the SRS were cited in the announcement as forming the communities around Augusta, as part of the “Hub City” designation which will result in $1.4 billion in private-sector investments. The goal of the program is to train workers and connect them to jobs. In addition to Augusta, Baltimore, Maryland, Columbus, Ohio, Phoenix, Arizona, and Pittsburgh, Pennsylvania will be part of the regional push to ensure a

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ABD Extra

Simon Says: Looking at the labor market

The Augusta Metropolitan Statistical Area had the worst labor market over the last year of all metro areas in the state of Georgia. The Labor Market Index (LMI) for Augusta fell 0.4 percent from March 2022 through March 2023. Only Hinesville and Warner Robins also saw declining LMIs. The Georgia LMI grew by 0.9 percent over the past year. Columbus had the best labor market over the last year. Across the state, employment increased by 2.8 percent, or 133,400 jobs over the last year. By contrast, Augusta lost 1,100 jobs

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Consumer Stories

“Lending” a hand? A look at new mortgage rules

New mortgage lending rules have stirred up a heated debate, with some critics arguing these regulations unfairly target homebuyers with good credit. According to Fox News, under the new rules which took effect May 1, “borrowers with lower credit ratings and less money for a down payment will qualify for better mortgage rates than they otherwise would have, while those with higher ratings will pay increased fees.” Critics of the new rules claim they disproportionately affect, for example, Asian homebuyers, who have the highest credit scores of any demographic group,

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B2B Stories

Businesses knock it out of the park at ABD Expo

It was a networking homerun for businesses at Augusta Business Daily’s fourth Conference and Expo yesterday. Familiar faces were joined by newcomers as a broad cross-section of local businesses set up in the concourse of SRP Park in North Augusta. Participants ran the gamut from ADP to Welcome Health, ready to answer questions and share brochures and information about their respective businesses. One of the veterans was Azalea Investments, which participated in the 2021 and 2022 expos. “It’s just the fun of it. You know, it’s nice to see people

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B2B Stories

Local handyman launches mobile business

Jonathan Lechner’s business provides so many home services that listing all of them is a challenge. Last Monday, May 8, Lechner launched Lechner Home Services, a mobile handyman business.  He performs a variety of household tasks, such as assembling furniture, repairing drywall, installing toilets, changing lightbulbs, and mounting TVs. Lechner said he started by performing many of those services for his friends and family. “I was getting so many requests that I decided to make a business out of it,” he said. “I have a long history and background in

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Closings

Two CSRA retail locations to close following company’s bankruptcy

After years of struggling to stay afloat, two retail giants have announced plans to close all their stores nationwide, including locations in the Augusta Exchange shopping center. Bed Bath & Beyond located at 221 Robert C. Daniel Jr. Parkway and buybuy BABY located at 242 Robert C. Daniel Jr. Parkway will both close their doors permanently after Bed Bath & Beyond, the parent company of buybuy BABY, filed for Chapter 11 bankruptcy protection last month. ABD contacted both Augusta stores, which had recorded messages that said, “We have made the

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ABD Extra

What does the Writer’s Guild strike mean for Augusta’s film industry?

Augusta’s burgeoning film industry could be threatened by a nationwide strike. The strike by members of the Writers Guild of America is entering its third week. This is the union’s first strike in approximately 15 years. Among the first shows to be impacted were nighttime talk shows, specials, and comedies, like Saturday Night Live. Atlanta television station WSB is reporting even catering businesses are impacted. When productions halt, so do catering requests. “We are carefully watching it,” said Jennifer Bowen, Vice President of Destination Development & Community Engagement at Destination

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Consumer Stories

Local development company to open CSRA luxury apartment complex

Shelly Martin is excited about bringing the CSRA’s only housing development with its own rooftop lounge to downtown Augusta. Martin, Vice President of Operations for ATC Development, said phase 1 of construction on The Augustan, a four-story, 136-unit luxury apartment complex located at the corner of 12th and Greene Streets, is expected to be finished by mid-November. Phase 2 should be finished by Jan. 2024. Pre-leasing for phase 1 is expected to begin in early September. She said one-bedroom units will start in the $1,500 range, and two-bedroom units will

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