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Paulding’s airfield of dreams faces obstacles

Go from your car to the gate in fewer than 15 minutes. That’s one of Mario Rodriguez’s pitches to convince fliers to choose Long Beach Airport over Los Angeles International, 20 miles away. Long Beach handles only about 5 percent of the traffic of bustling LAX, but it preaches convenience ...

Avalon reaches deal for ‘gigabit’ Internet

The developers of the mixed-use Avalon project along Ga. 400 in Alpharetta has struck a deal to connect homes, apartments, retail tenants and its high-end office users with ultra-high-speed Internet service. North American Properties said Thursday its deal with Hotwire Communications, a provider of fiber-to-the-premises broadband, will create the first ...

Fuqua team picked to develop Peachtree Corners project

A $150 million mixed-use town center in Peachtree Corners is a step closer to reality after the city’s downtown development authority selected a group to develop more than 20 acres of city-owned land. Fuqua Development, apartment giant AMLI Residential and Pope & Land Enterprises were named the “top-ranked” team for ...

Global Payments names new CEO

Sandy Springs-based transactions processor Global Payments has named its president, Jeffrey S. Sloan, as its new CEO, the company said Tuesday. Sloan succeeds Paul Garcia, Global’s chief executive since 1999, who will remain as the company’s chairman. Sloan joined Global in 2010, steering the company’s Americas operations and its mergers ...

Judge: Descendant of Coca-Cola founder owes $7 million

A descendant of Coca-Cola Co.’s founder owes a bank more than $7 million to resolve a soured Paulding County real estate loan, a judge ruled Monday.The two-page order brings to a close one chapter in a sad financial saga for Asa G. Candler V, a developer and great-grandson of Coca-Cola ...

Cousins Properties sells retail centers

Cousins Properties said Monday it sold a Missouri shopping center and sold its portions in two retail joint ventures as it puts more of its focus on high-end office buildings and “opportunistic” mixed-use projects.The Atlanta-based real estate investment and management company said it sold Tiffany Springs MarketCenter in metro Kansas ...

Kia supplier to hire 350 at new West Point plant

State leaders formally announced on Monday an auto parts supplier will build a new plant near the Kia Motors factory in west Georgia, in a move that will create 350 jobs. Hyundai Dymos, which builds transmissions, axles and seats, will open the $35 million factory in July, Gov. Nathan Deal’s ...

Georgia eyes bigger Hyundai presence

New cars spill off the Kia Motors assembly line in every 60 seconds. The automaker’s nearly four-year-old plant near the Georgia-Alabama line is close to maximum capacity, humming 24 hours a day, often six days a week. That crunch – plus labor issues at Kia and Hyundai factories at home ...

021512 Savannah, GA: Port of Savannah and surrounding area Wednesday February 15, 2012.   Brant Sanderlin bsanderlin@ajc.com

The floodgates opening on Savannah port dredging?

The push to deepen the Savannah harbor has been in limbo for years. Now it must feel like the floodgates have finally opened. Days after Vice President Joe Biden said the dredging would happen “come hell or high water,” the chair of the House committee handling a bill that would ...

Susan Klopper, executive director of the Goizueta Business Library, looks through Arthur Andersen publications at the Woodruff Library on the Emory University campus. Klopper is an Arthur Andersen alumnus, having worked for them for 18 years ending in 2002. JASON GETZ / JGETZ@AJC.COM

Arthur Andersen alums remember shattered firm

Mark Oshnock remembers the whispers in the airport when an elderly couple saw the Arthur Andersen tag on his briefcase. Those were the darkest days, when the accounting firm’s collapse and the scandal surrounding its biggest client — Enron — shook confidence in Corporate America. This week, 11 years after ...

Board names Carr new Georgia economic development chief

The board of the Georgia Department of Economic Development on Thursday approved the appointment of Chris Carr as the agency’s commissioner.Carr is the chief of staff for U.S. Sen. Johnny Isakson, R-Ga. Gov. Nathan Deal named Carr to post last week. Carr will start Nov. 1, and will replace Chris ...

AGCO forms Russia joint venture

Agricultural machinery giant AGCO announced this week a joint venture with Russian Machines to build and distribute parts and equipment in Russia. Duluth-based AGCO and Russian Machines announced the $100 million joint investment Wednesday, saying the companies will build a manufacturing plant near Moscow that will include a show room, ...

North Carolina rethinks film perks

One of Georgia’s top competitors in the arms race to land Hollywood movies and television series may put down its weapons. North Carolina — home to “Iron Man 3” and Showtime’s “Homeland” — could allow its incentive program to expire at the end of next year. It would be a ...

Metro Atlanta investment adviser accused of securities fraud

A Marietta man allegedly used investor funds to pay for vacations, child support and alimony, as well as private school tuition for his kids, according to a lawsuit filed this week by federal regulators. Paul Marshall, 48, is accused in the civil proceeding of misusing at least $2 million in ...

Deal picks Isakson aide for top economic development job

The art of negotiation is a daily exercise in the halls of the U.S. Capitol. Now, Chris Carr will get to test his skills representing Georgia in corporate boardrooms around the world. Carr, 41, the chief of staff for U.S. Sen. Johnny Isakson, R-Ga., was named Thursday as the new ...

Deal names new economic development leader

Gov. Nathan Deal announced Thursday a new face to lead Georgia’s economic development efforts. Chris Carr, chief of staff to U.S. Sen. Johnny Isakson and a former Alston & Bird lawyer, has been named the new commissioner of the state Department of Economic Development. He succeeds Chris Cummiskey, who is ...

MiMedx shares tumble on FDA concerns

A Cobb County company that makes tissues from donated placentas for wound care and other uses has been served with a letter from the Food and Drug Administration stating the agency believes the company lacks approvals to market the products.Marietta-based MiMedx said in a news release Wednesday that the company ...

Kroger said to be tenant for Fulton airport warehouse

Grocery store giant Kroger is considering opening a new distribution center on property attached to the Fulton County Airport, an individual with the knowledge of the situation said Wednesday. Kroger has two distribution facilities in metro Atlanta, but is planning to consolidate, the person said. The nearly 300-acre tract is ...

Scenes from the historical drama, ‘Savannah,’ starring Jim Caviezel and released this year, were shot in the historic Effingham County Courthouse, which has been preserved and serves as the offices for various county agencies.

Studio plans spotlight rural area

To many in metro Atlanta, Effingham County is a two-minute blur on the endless drive down I-16 between Macon and the Georgia coast. Blink and you’ve missed the county’s lone exit, a country two-lane where minivans and SUVs tangle with logging trucks and farm tractors. But behind what is now ...

Rendering of new water park planned: Hurricane Harbor Flat at Six Flags Over Georgia. Contributed

Six Flags to add water park

It’s been a soggy summer, but Six Flags Over Georgia executives think the key to the future is more water. The Cobb County theme park known for roller coasters will soon break ground on a seven-acre water park — the first step in what a Six Flags official calls a ...

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