Georgia Business

BRACK: “Mass timber” is new use of Georgia’s many acres of forests

SEPT. 30, 2022 | Forestry is mighty important to Georgia. With about two-thirds of the state covered in forests, Georgia has more plantation acres, more total timberland acreage and more privately-owned timberland acreage than any other state in the United States. And the forests provide 55,089 forest industry jobs. The...
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Georgia Power settles with 1 co-owner in Plant Vogtle dispute

ATLANTA (AP) — Georgia Power Co. will pay at least $76 million to settle a lawsuit with a co-owner over who will pay for cost overruns on Plant Vogtle construction near Waynesboro. The unit of Atlanta-based Southern Co. and the Municipal Electric Authority of Georgia announced a settlement Friday....

Ohio utility crews help restore power in Florida after Hurricane Ian

Thousands of workers from Ohio, along with Kentucky and Indiana, are ready to move into the Hurricane-ravaged areas of Florida to help bring the power back on for millions of people. Utility crews were sent to the south earlier this week in order to be prepared for Hurricane Ian. Duke...

NEWS BRIEF: New jobs in Georgia go unfilled due to affordable housing shortage

It can be said that capitalism is similar to dominos. Nothing exists on its own. When one domino falls, another is affected. And another. And another. And another. Kia Georgia higher-ups are learning this lesson the hard way. When 500 new jobs were created at the West Point, Georgia, assembly plant ahead of the release of a new vehicle, it was thought to be an easy win for the area. However, the current over-inflated housing market has made it difficult for potential Kia workers to find affordable dwellings close to their would-be place of work.

PAM Studios’ CEO among 50 Most Influential Latinos in Georgia

PAM Studios CEO Maria Guerra-Stoll was named one of the 50 Most Influential Latinos in Georgia this week by the Georgia Hispanic Chamber of Commerce. Guerra-Stoll heads Atlanta-based PAM (Playa Azul Media) Studios, LLC, and Rome PAM Studios, the first Latina-owned production company in the state. “I am incredibly honored to be bestowed this award from the Georgia Hispanic Chamber,” she said. “At PAM Studios, we are prioritizing women, Latinos,...

Teva to pay Georgia ~$3.35M to settle price-fixing claims

Teva Pharmaceuticals' (NYSE:TEVA) U.S. unit will pay $3.346M to Georgia to settle the state's price-fixing claims against the company. Teva also agreed, as part of the settlement, to maintain its antitrust training and compliance efforts in the U.S., the company said in a Sept. 30 press release. Teva added that...

Hurricane Ian Leaves Nearly 350,000 Without Power Across South Carolina, North Carolina

Hundreds of thousands of people in the Carolinas are now affected by power outages caused by Hurricane Ian as it made landfall again. The hurricane made landfall near Georgetown, South Carolina on Friday as a Category 1 storm, Fox Business reports. reports that over 187,000 customers in South Carolina and 161,000 in North Carolina are without power.
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