Stories by Tim Rausch

Articles from the Tim Rausch section archive

Friday, Jan. 30, 2015

Bank owner posts $16.6 million profit

The Augusta-based owner of Georgia Bank & Trust reported a $16.6 million profit for 2014.
By Tim Rausch

Thursday, Jan. 29, 2015

Slight decline in Augusta jobless rate for December

Metro Augusta's unemployment rate declined to 6.5 percent in December, the Georgia Department of Labor reported Thursday.
By Tim Rausch

Wednesday, Jan. 28, 2015

Economic breakfast: Augusta tops in job growth

In its annual economic breakfast, Georgia Regents economist said Augusta was the fastest growing metro in Georgia last year in jobs.
By Tim Rausch

Thursday, Jan. 15, 2015

Economists upbeat on jobs, growth in Georgia

Benjamin Ayers, dean of the business college at the University of Georgia, said Georgia will grow faster than the nation this year. If the prediction comes true, it would be the second year that ...
By Tim Rausch

Wednesday, Jan. 7, 2015

New Wal-Mart grocery to open Jan. 28

Wal-Mart is poised to open its third new store in the Augusta metro area in less than a year. A Neighborhood Market grocery will open Jan. 28 at 300 S. Belair Road in Mar­ti­nez.
By Tim Rausch

J.C. Penney in Aiken Mall closing in March

J.C. Penney said Wednesday that it is closing its underperforming store at Aiken Mall, displacing 34 employees.
By Tim Rausch

Saturday, Jan. 3, 2015

Building growth expected to stay strong in 2015

2014 was a strong year for economic growth in the Augusta area, and many of the projects begun last year are expected to open in 2015.
By Tim Rausch

Tuesday, Dec. 23, 2014

Direct flight from Augusta to D.C. to resume in the spring

American Airlines plans to bring back a direct flight from Augusta Regional Airport to Reagan National in Washington, D.C., in March.
By Tim Rausch

Friday, Dec. 5, 2014

Georgia-Carolina Bancshares shareholders approve acquisition

One of Augusta's oldest locally owned banks will belong to an expanding Atlanta-based financial institution in January.
By Tim Rausch

Friday, Nov. 28, 2014

Gourmet-breakfast restaurants could open in Augusta

I occassionally get calls (or e-mails) from people who've got franchise concepts and want to put a few locations in Augusta, although they don't have a franchisee yet. The latest one is out of ...
By Tim Rausch

Wednesday, Nov. 26, 2014

Mall has plans to handle traffic

The Augusta Mall is implementing its holiday traffic management plan for this weekend.
By Tim Rausch

Tuesday, Nov. 18, 2014

Bridgestone giant-tire plant open

GRANITEVILLE — Bridge­stone has been making tires for customers for a couple of months, but on Tuesday its officials marked the opening of their largest manufacturing investment in corporate ...
By Tim Rausch

Saturday, Nov. 15, 2014

Influx of IT firms could aid economy

New technology work could push Augusta's information job sector to a peak not seen in seven years.
By Tim Rausch

Tuesday, Nov. 11, 2014

Marriott hotel plans major renovation

The main tower of the downtown Marriott hotel is getting a multimillion dollar renovation to change its rooms into a style more desirable to Generation X and Y travelers.
By Tim Rausch

Monday, Nov. 10, 2014

Georgia Bank & Trust consolidates broker operations

Georgia Bank & Trust consolidated its broker operations into one office in the Augusta Corporate Center.
By Tim Rausch

Thursday, Nov. 6, 2014

Unisys begins hiring for Augusta IT center

City and company officials laid out plans Thursday to begin staffing the 700-person IT center that was announced Monday.
By Tim Rausch

Friday, Oct. 31, 2014

Georgia Bank & Trust owner has $4.4 million quarterly profit

Southeastern Bank Financial Corp. reported Friday its third quarter earnings were $4.4 million, or 65 cents per share, higher than the year-ago period of $4.2 million, or 63 cents per share.
By Tim Rausch

Friday, Oct. 24, 2014

Companies enjoying lower fuel prices

The smiles at Martina’s Flowers & Gifts are getting as big as those of the recipients of the bouquets it delivers each day. When prices go down at the gas pump, so do the costs of doing ...
By Tim Rausch

Thursday, Oct. 23, 2014

Augusta jobless rate declines

Metro Augusta’s unemployment rate was 7.3 percent in September, down from 8 percent in August, the Georgia Department of Labor announced Thursday.
By Tim Rausch

Wednesday, Oct. 22, 2014

First Bank of Georgia owner posts $1.3 million third-quarter profit

The parent company of First Bank of Georgia reported Wednesday a third-quarter profit of $1.3 million.
By Tim Rausch
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