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Tag Archives: Georgia

Georgia Power orders nuclear fuel for newly designed reactor

Georgia Power has ordered nuclear fuel for its long-delayed expansion of Plant Vogtle, the nation’s first large-scale nuclear project in more than 30 years. The fuel order was announced the day before its parent company reported second-quarter net income of $902 million, after reporting a loss in the same period a year earlier. Atlanta-based Southern Co. said Wednesday that it ...

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First Bancshares to acquire Florida bank in $85 million deal

MBJ staff The First Bancshares Inc., the Hattiesburg-based holding company for The First, announced this week an agreement to acquire First Florida Bancorp, Inc., parent company of First Florida Bank, in a cash and shares swap deal worth $85 million. First Florida had approximately $451 million in consolidated assets, $255 million in loans, $387million in deposits and $48 million in ...

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Atlanta to be home of rare Civil War flag of black soldiers

“We Will Prove Ourselves Men,” reads the inscription at the top of the regimental flag carried into battle by members of the 127th United States Colored Troops. The phrase offers a sense of what was at stake for black men, many of whom formerly in bondage, who fought to end slavery during the Civil War. Six feet wide and more ...

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ARC invested $125.6M in economic development projects, including $15.5M in Mississippi

New data shows that the Appalachian Regional Commission invested $125.6 million in 522 economic development projects during Fiscal Year 2018. These region-wide investments will be matched by $188.7 million, and will attract an additional $1.5 billion in leveraged private investment into Appalachia. In addition, these investments are projected to create or retain 26,600 jobs, as well as train or educate ...

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Georgia governor says he will veto religious exemption bill

ATLANTA — Georgia Gov. Nathan Deal on Monday said he will veto legislation shielding opponents of same-sex marriage, after a groundswell of opposition from companies threatening to boycott the state if it became law. The Republican announced his decision during a news conference in his office at the Georgia Capitol, saying, “I have examined the protections that this bill proposes ...

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Ga. Chamber big player in Peach State’s 2015 transportation funding overhaul

  By TED CARTER Georgia once paid its residents to drive hybrid vehicles. Today, it is charging owners of the electric automobiles $200 a year to drive on Georgia roads. The registration fee on hybrids, which climbs to $300 for commercial vehicles, brought strong protests but survived as part of an extensive 2015 transportation funding revamp that is projected to generate ...

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Official: La movie credit cap may send business to Ga, Miss

BILOXI — Louisiana’s new cap on film tax credits could send more movie business to Georgia and Mississippi, says the Mississippi Film Office’s Gulf Coast project manager. As one of the top film locations outside of California, Georgia is likely to get some of the business that might otherwise have gone to Louisiana, sometimes called “Hollywood South,” Bill Webb said. ...

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Eric Martin Satz nominated to serve on TVA board

NASHVILLE — The White House has nominated venture capitalist Eric Martin Satz to serve on the board of the Tennessee Valley Authority. Satz is partner at venture capital and private equity firm TNCV. If he is confirmed by the U.S. Senate, Satz would serve on the federal utility’s board until May 2018. He would replace Oak Ridge attorney Neil G. ...

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2014 a good year for filmmaking in Mississippi

COLUMBUS — In 2014, 19 feature films along with six reality shows and six documentaries were shot partially or entirely in Mississippi. “We had a rather remarkable year last year and we expect that to continue,” said Ward Emling, director of the Mississippi Film Office. While in the past, movies filmed in Mississippi were based on stories that took place ...

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