Business

Panasonic to establish auto innovation center in Atlanta

New automotive engineering center on campus of Georgia Tech to focus on next-generation auto systems in partnership with Peachtree City plant

Panasonic Automotive Systems Company of America announced May 4 that it will establish the Panasonic Automotive Innovation Center in the Technology Square area of Midtown Atlanta on the campus of the Georgia Institute of Technology, one of the nation’s top research universities, which is best known as Georgia Tech. Read More»

Zac Brown’s Camp Southern Ground selected as Idea House charitable partner

The Southern Living 2012 Idea House is set to open in Senoia on June 2. And a portion of the proceeds from ticket sales will be donated to Camp Southern Ground, a camp for special needs children being developed in Fayette County by recording artist Zac Brown. Read More»

F’ville bank building foreclosed, then bought by bank

The landmark Main Street Building on the west side of Ga. Highway 54 near downtown Fayetteville is being advertised for foreclosure.

The large two-story building built by 320 W. Lanier, LLC where Lanier Avenue and Stonewall Avenue split on the west side of the historic district currently houses Regions Bank.

The building is currently being advertised for foreclosure, according to 320 W. Lanier, LLC registered agent Barry McWhirter, who said that the loan was sold to Texas firm Lone Star. The company did not want to renew the loan and decided, instead, to advertise the building. Read More»

Southern Regional, Emory Healthcare move toward merger

Once upon a time, if you lived in Fayette County and needed to go to the hospital, most often you’d end up at what was then called Clayton General Hospital in Riverdale. There was no comparable medical facility in Fayette, the closest other choices being two competing small hospitals in Newnan, as well as one in Griffin and one in East Point.

Many years and several name changes later — with some intervening hard times — the Southern Regional Health System is getting ready to merge with the other big player in the healthcare field in the Atlanta metro area, Emory Healthcare, Inc. Read More»

PTC resident, Stinchcomb, receives UGA Terry College Alumni Award

The chief financial officer of Viacom, the president of Macon-based Bibb Distributing Company, and a client executive for Savannah-based Seacrest Partners were honored by the University of Georgia’s Terry College of Business at its 2012 Alumni Awards and Gala, which was held on Saturday, April 28, at the InterContinental Hotel in Buckhead. Read More»

Medical building to locate across from Piedmont Newnan

The new Piedmont Newnan Hospital had not opened and already preparations were being made for other healthcare providers to locate in the Poplar Road area near Interstate 85. Ground has now been broken for the 40,000 square-foot Newnan Professional Center (NPC) that is expected to open in December on Newnan Crossing Boulevard at Poplar Road.

The multi-tenant medical office center is a project of South-Tree Enterprises and Quantum Commercial Real Estate, both based in Peachtree City. Read More»

CMP to open larger facility in Newnan

Long-time Tyrone spa, pool and whirlpool supplier Custom Molded Products (CMP) will soon be transitioning its distribution facility to the Shenandoah Industrial Park in Newnan. The new facility will more than double the size of the company’s Tyrone location.

CMP has purchased the former Rite Aid distribution center in the Shenandoah Industrial Park on Herring Road. Commenting on the choice at Shenandoah, co-owner William Drury said CMP looked at a number of properties in Fayette and Coweta counties to meet the company’s needs. Read More»

Tyrone approves gun shop by unanimous vote

The vote at the May 3 meeting of the Tyrone Town Council over zoning changes that included guns shops as a conditional use of C-2 (Highway Commercial) zoning came with unanimous approval. The agenda topic was essentially a reconsideration of the previous zoning district change from PUD (Planned Unit Development) to C-2 and the inclusion of guns shops as a conditional use in C-2. Read More»

CTCA to impact Newnan, Coweta economy

The time is approaching for the opening of the Cancer Treatment Centers of America Hospital in Newnan’s Ashley Park. The hospital’s economic impact to Coweta County is expected to be more than substantial. Helping pave the way for that impact and the facility’s opening is a career fair to be held on May 8 at the Georgia International Convention Center in College Park. Read More»

Coweta unemployment falls to 3-year low

The last time Coweta County saw the unemployment rate below 8 percent was in December 2008. History repeated itself in March when the county’s jobless rate fell to 7.9 percent.

Information released by the Ga. Dept. of Labor shows Coweta’s unemployment for March at 7.9 percent. That compares to 8.4 percent in February and 8.7 percent a year ago. The Coweta workforce totals 63,273 people, with 4,988 of those out of a job in March. Read More»

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