From the notebook of business editor Tim Rausch

Old Wife Saver getting new tenant

The location of the former Wife Saver near Surrey Center has some people working inside. I see a small burger and wraps chain called BullChicks is claiming that address as its new Augusta location. It has four locations in Corpus Christi, Texas, where it was founded in 2006 by a man from Tanzania.

That spot on Highland Avenue was the location of the Wife Saver that closed in January after a shootout across the street injured an employee – the last straw for the restaurant owner who was already dealing with declining sales there.

 

WING FANS: Buffalo Wild Wings in Augusta Exchange has now opened.

 

EARNINGS SEASON: The surprise so far for all the earnings reports that have been coming through the news is that Synovus finally posted a profit. The banking system has been losing money for three years.

Synovus made $15 million over the summer. Last year at this time, they were reporting a $198 million loss.

Lead by Augusta native Kessel Stelling, he’s had the job of returning the Columbus-based banking chain to profitability. A key milestone, he called it.

When the housing market went south, it took Synovus with it, along with commercial toxic real estate. The last time Synovus turned a profit was in the spring of 2008.

The local branches are Augusta First Bank & Trust.

 

ROOFERS HAVE OWN ROOF OVER THEIR HEAD: A Savannah-based roofing company that has done some major projects in Augusta has decided to open an office here.

RPI has located near Augusta Mall, 1810-E Wylds Road, as its home base for some of its personnel in Augusta.

RPI has completed several projects in the Augusta area, including roofing projects at Fort Gordon, Barton Field and the DFAC battalion, barracks and brigade. Current projects in the Augusta area include the Kroc Center, the Shops at Evans and the downtown convention center expansion.

 

TAKING ADVANTAGE OF DEBIT FEES: CSRA Credit Union says it is going to participate in Bank Transfer Day on Nov. 5. It is a national effort urging bank customers to switch their accounts over to a credit union.

The campaign started with a Facebook page created by an upset bank customer and now nearly 60,000 people have signed up for the event.

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