Stories by Tim Rausch

Articles from the Tim Rausch section archive

Tuesday, July 22, 2014

Defense contractor plans new Augusta office

A Pennsylvania-based information technology and software development firm will be setting up shop in Augusta.
By Tim Rausch

Thursday, July 17, 2014

Augusta metro loses 2,000 jobs in June

Shedding of hospitality and state government jobs in June resulted in a net decline of 2,000 jobs for the Augusta metro area, Georgia's labor department reported Thursday.
By Tim Rausch

Saturday, July 5, 2014

Foreign-owned companies responsible for nearly 10,000 jobs in Augusta

The Augusta metro area is slightly ahead of the nation in having jobs provided by direct foreign investment. A report by the nonprofit Brookings Institution said the metro area had nearly 10,000 ...
By Tim Rausch

Saturday, June 28, 2014

Divisor determines stock index numbers

As you've watched the stock indexes hit records this year, have you ever wondered how they come up with that number?
By Tim Rausch

Thursday, June 19, 2014

Augusta area down 700 jobs in May

The Augusta metro area lad a net loss of 700 jobs in May, most of the loss coming in hospitality.
By Tim Rausch

Friday, May 30, 2014

Direct to D.C., but not from Augusta

Starting Thursday, anyone flying out of Augusta for the nation's capital will need to lay over in either Charlotte, N.C., or Atlanta. The direct flight ends Wednesday, a casualty of the merger of ...
By Tim Rausch

Thursday, May 22, 2014

Metro Augusta unemployment rate down to 6.3 percent

The gains of hospitality, retail and business services jobs in April, much of it stemming from the Masters Tournament, pushed the metro Augusta unemployment rate down to 6.3 percent.
By Tim Rausch

Thursday, May 15, 2014

Masters delivers job boost to Augusta metro in April

Most of the gain of 4,700 jobs seen in April were from retail and hospitality stemming from the employment boost related to the Masters Tournament.
By Tim Rausch

Saturday, May 10, 2014

Leading coffee bean producer sees weak crop

That cup of Joe is on its way to becoming a cup of Whoa. The price of arabica coffee beans has nearly doubled since November.
By Tim Rausch

Wednesday, May 7, 2014

Georgia's tourism economy gaining

THOMSON - When the Georgia Department of Economic Development spends $1 on marketing to international travelers, it is the biggest bang for that buck.
By Tim Rausch

Wednesday, April 30, 2014

First Bank of Georgia owner reports profit

The parent company of First Bank of Georgia reported Wednesday a first-quarter profit of $852,000.
By Tim Rausch

Friday, April 25, 2014

Gov. Deal signs golf cart bill in Augusta

Letting local governments in Georgia set the rules for golf cars on city streets might provide an economic boost to those that make them, Georgia's governor said Friday while signing the bill.
By Tim Rausch

Georgia Bank & Trust owner reports $3.8 million profit

Augusta-based Southeastern Bank Fi­nancial Corp., the parent company of Georgia Bank & Trust, reported Friday a near repeat of its first quarter results from 2013.
By Tim Rausch

Thursday, April 24, 2014

Georgia Bank & Trust has new leaders

Ron Thigpen will be Georgia Bank & Trust's new president as CEO Dan Blanton has more duties with American Bankers Association.
By Tim Rausch

Area unemployment drops

State labor department figures indicate a slight decline in the unemployment rate for the Augusta metro area for March.
By Tim Rausch

Thursday, April 17, 2014

Augusta gained 700 jobs in March

The Augusta metro area gained 700 jobs in March and saw a reduction in intial claims for unemployment.
By Tim Rausch

Zelnak to retire from Martin Marietta board

Aiken native Stephen Zelnak Jr. announced Thursday that he will be retiring as chairman of the board of Martin Marietta Materials Inc. in May.
By Tim Rausch

Friday, April 11, 2014

5 Questions: Marc DuFour

What is the status of Club Car? A: The parent, Ingersoll-Rand, is investing significant amounts of money in Club Car because they see the future. We've had good growth. 
By Tim Rausch

E-Z Go, Club Car meet challenges

The hum of small engines as golfers drive down cart paths is the sound of big business in Augusta. About 10 percent of the area's manufacturing workforce is invested in making electric vehicles.
By Tim Rausch

Thursday, April 10, 2014

Red Carpet Tour brings industrial site consultants

The Red Carpet Tour, now in its 55th year, switches to site consultants, not business owners, to tout Augusta and state.
By Tim Rausch
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Top headlines

Partnerships needed in cyber sectors, NSA director says

Adm. Michael Rogers, director of the National Security Agency, said the nation's security rests on breaking down bariers between private and government sectors specializing in cyber defense. ...
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