Business

PTC authorizes $50K jobs grant

City on verge of economic development pact with county

Companies creating more than a handful of high-paying jobs in Peachtree City will now be eligible for a city grant of up to $50,000.

And while that measure was approved Thursday night by the City Council, officials are nearing a deal to pay the Fayette County Development Authority to implement further economic development initiatives for the city. Read More»

Clayton State’s Emily Poole receives Fayette Chamber’s Young Professional Award

Emily Poole and her mentor in the Young Professional’s Young Protege program, Greg Detwiler. Photo/Special.

Clayton State University student Emily Poole (Fayetteville) recently received the Fayette Chamber of Commerce’s Young Professional of the Year Award at the Fayette Chamber of Commerce’s Annual Meeting and Awards Luncheon. Poole works at Allan Vigil Ford of Fayetteville in fleet sales, where she is primarily responsible for sales to commercial and municipal clients. She also occasionally conducts individual retail sales. Read More»

Ben Haverty stimulates local economy with new flea market concept

Kay Ross and Tanisha French of  The JDM (which stands for Jaw Dropping Moments) at Ben’s Flea Market. They are event coordinators and decor for weddings, receptions and parties. Photo/Diann Cupertino.

Ben Haverty, President and CEO of Ben’s Brands For Less Furniture and Mattress announces a new addition to his affordable furniture and mattress stores, Ben’s Flea Market. Haverty is pleased to provide a clean, air-conditioned, family-friendly environment to vendors and their customers.

“With room for up to 300 booths, Ben’s Flea Market can offer these entrepreneurs the space and resources they need to effectively sell their goods and grow their business,” said Haverty. Read More»

PTC’s World Airways parent company files for Chapter 11 bankruptcy

PTC’s World Airways parent company files for Chapter 11 bankruptcy

Flights will continue without interuption, says Global Aviation Holdings Inc., the parent company of World Airways, Inc., North American Airlines, Inc. and other subsidiaries, while the parent undergoes reorganization in Chapter 11 bankruptcy, according to a press release Feb. 5 on PRNewswire.

The company — with world headquarters in Peachtree City — said it had too many airplanes, its labor costs were too high and it lacked the money to continue operating at its current size. Read More»

PTC seeks economic development deal through county

Peachtree City may soon have a new economic development staffer through a contract arrangement with the Fayette County Development Authority.

A contract, which would pay FCDA $75,000 for one year in return to compensate for that new employee, has been prepared by city and authority representatives. Read More»

F’ville tavern owner wants to loosen alcohol, sign restrictions

The recently elected members of the Fayetteville City Council during their campaign run used the idea of potentially relaxing some aspects of the sign ordinance as a way of stimulating business activity. Read More»

Ramsey receives Guardian of Small Business Award

State Representative Matt Ramsey, R-Peachtree City, recently received the Guardian of Small Business award from the National Federation of Independent Business.
“Matt Ramsey earned this award for his steadfast support for small business and his strong leadership on issues important to entrepreneurs in Georgia,” said Kyle Jackson, NFIB/Georgia State Director. Read More»

Jobless rate edges up in Coweta, Newnan

The lower unemployment rates seen in Newnan and Coweta County in November traveled north about a third of a point in December. Coweta’s jobless rate for December moved up to 9 percent while the rate in Newnan rose to 10.5 percent.

Figures released by the Ga. Dept. of Labor showed a December unemployment rate for Coweta County at 9 percent. That’s up from the 8.7 percent rate in November. While higher than anyone would like it easily outstrips the 9.6 percent rate a year ago.

Coweta currently has a workforce of 60,765, of which 5,441 are unemployed. Read More»

Jobless rate in Fayette jumps a half point in December

The falling unemployment rates seen in Fayette County in late 2011 didn’t last long. Fayette’s 8.6 percent jobless rate for December represents a half-point jump in the past month. Peachtree City also saw a half-point increase to 7.5 percent. Read More»

Fayette home sales rebound, prices don’t

Fayette home sales rebound, prices don’t

It was a mixture of good and bad news for home sales in Fayette County during 2011. The good news was that the number of home sales increased slightly after falling for the past four years, marking the most sales since 2007.

But the average sale price was another matter, with 2011 bringing a fifth straight year of falling prices.

Multiple Listing Service (MLS) records provided by Leslie Edwards Realty showed there were 1,157 homes sold in Fayette County during 2011. Those homes carried an average list price of $290,511 and an average sales price of $227,767.
Read More»