Stories by Tim Rausch

Articles from the Tim Rausch section archive

Monday, Feb. 3, 2014

Ethanol blender to build facility

Eco-Energy will spend $10 million to build an ethanol blending facility on Dixon Airline Road. The company has not announced a construction timeline.
By Tim Rausch

Friday, Jan. 31, 2014

Georgia Bank & Trust owner reports higher quarterly earnings

Southeastern Bank Finan­cial Corp. reported net income of $4.4 million, or 65 cents per share, for the fourth quarter, up from $3.9 million, or 58 cents per share, for the quarter in 2012.
By Tim Rausch

Thursday, Jan. 30, 2014

Augusta-based Georgia-Carolina Bancshares earns $935k in quarter

Georgia-Carolina Bancshares, owner of First Bank of Georgia, reported $6.2 million in profits for 2013.
By Tim Rausch

Wednesday, Jan. 29, 2014

Lockhart praises Bernanke

Dennis Lockhart, the president of the Federal Reserve Bank in Atlanta, discusses Ben Bernanke and his successor Janet Yellen.
By Tim Rausch

Monday, Jan. 27, 2014

UGA: Augusta to add 3,200 jobs

Economists are optimistic about the fortunes of 2014 for Georgia and Augusta. UGA economics staff said Augusta will gain 3,200 jobs this year. 
By Tim Rausch

Friday, Jan. 24, 2014

Tenure comes to an end for Bernanke, the Augusta-born Fed chairman

Augusta-born Ben Bernanke ends his tenure as chairman of the central bank on Friday, leaving a legacy mixed with praise for his handling of the economic crisis and criticism that he could have ...
By Tim Rausch

Thursday, Jan. 23, 2014

Businessman Julian Osbon dies

Julian Osbon, an Augusta businessman and men's health pioneer, has died at age 74.
By Tim Rausch

Friday, Jan. 17, 2014

Builders raise the roof again

The numbers say the housing market has recovered. Not only were home sales 9 percent higher than 2012, the number of foreclosure filings dropped by about 20 percent.
By Tim Rausch

Thursday, Jan. 2, 2014

Starbucks facility running but not complete

Starbucks officials said Thursday that about 70 employees have been hired and that packaging operations started in October at the Au­gus­ta Corporate Park facility.
By Tim Rausch

Thursday, Dec. 26, 2013

Jobless rate best since 2008

The Georgia Department of Labor announced today that metro Augusta's unemployment rate dropped to 7.4 percent in November.
By Tim Rausch

Friday, Dec. 20, 2013

Golf car makers offer new utility vehicles

Evans-based Club Car remade its line of Caryall utility vehicles and will begin production in January. E-Z-GO started manufacturing a new long-range electric version of its Cushman line of utility ...
By Tim Rausch

Monday, Dec. 16, 2013

McKee wins first place UN award

A political cartoon criticizing the United Nations' handling of Syria, drawn by Augusta Chronicle cartoonist Rick McKee, won first place in the international organization's annual awards.
By Tim Rausch

Thursday, Dec. 5, 2013

Budget is Ga. Senate's focus

A leader in Georgia's Sen­ate says the budget will dominate the upcoming legislative session, with little else "ambitious" to come up from elected officials.
By Tim Rausch

Wednesday, Nov. 20, 2013

Bowen, Storey to join hall of fame

Judge Dudley Bowen Jr. and real estate mogul Barry Storey will be inducted into the CSRA Business Hall of Fame.
By Tim Rausch

Tuesday, Nov. 12, 2013

Agreement reached to allow airline merger; local effects uncertain

In a settlement with the Justice Department, US Airways and American Airlines said flights from small and medium-sized cities, such as Augusta, into Washington, D.C.'s Reagan National Airport ...
By Tim Rausch

Tuesday, Nov. 5, 2013

Augusta chemical plant future uncertain

Royal DSM reiterated its desire to "reduce exposure" with its caprolactam unit Tuesday during its quarterly earnings report.
By Tim Rausch

Wednesday, Oct. 30, 2013

First Bank of Georgia owner reports lower profits

Georgia-Carolina Banc­shares Inc. reported Wednesday that its third-quarter net income was $843,000.
By Tim Rausch

Tuesday, Oct. 29, 2013

UGA president: Be more involved in the state's economic health

University of Georgia President Jere Morehead, speaking in Augusta on Tuesday, said the intellectual capital of the faculty was important to the economic success of the state.
By Tim Rausch

Friday, Oct. 25, 2013

Foreclosures decline as job market improves

At the height of the housing crisis in 2007, six Richmond County homes went into foreclosure every day. Now it is three. An analysis of foreclosure filings shows the foreclosure crisis has been ...
By Tim Rausch

Georgia Bank & Trust has record profit

The parent company for Georgia Bank & Trust posted earnings of $4.2 million for the third quarter.
By Tim Rausch

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