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Employment improving in Fayette, Coweta

Employment improving in Fayette, Coweta

The unemployment rate in Fayette and Coweta counties took a turn for the better in August, with Fayette’s jobless rate falling nearly half a point to 7.3 percent and Coweta’s rate dropping nearly three-quarters of a point to 7.7 percent.

The jobless rate in Fayette in August was 7.3 percent, down from 7.7 percent in July and down from 8 percent a year ago. There are 53,614 people in Fayette County’s workforce and in July, 3,929 of those were without work, according to the Ga. Dept. of Labor. Read More»

F’ville’s 1st film: $150 million-plus blockbuster

Sign in front of Pinewood Atlanta Studios on Sandy Creek Road. Soundstages are in the background. Photo/Ben Nelms.

A “large blockbuster film” costing between $150 million and $200 million will be the first production to get underway in the new year at the Pinewood Atlanta Studios in Fayetteville, according to Vice President of Operations Brian Cooper.
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Fayette Chamber invites community to 23rd Expo

A wide range of county businesses will be displaying their wares and services next Tuesday at the Fayette Chamber’s 23rd Annual Community Expo.

The Sept. 17 Expo — from 3 to 7 p.m. — is in a new location, New Hope Baptist Church-South Campus, located at 1563 Joel Cowan Parkway, near the intersection of Georgia Highways 74 and 85, south of the Starr’s Mill schools complex. Admission is free.

In addition to more than 100 exhibitors representing some of the best businesses and organizations in Fayette County, visitors can expect to find a wide variety of opportunities. Read More»

F’ville movie studio will help PTC revenue

Matt Forshee, president of the Fayette County Development Authority, in a file photo from February 2013.

No word yet on first production planned for Pinewood Atlanta Studios

The Pinewood Atlanta Studios may be on the new western border of Fayetteville, but Peachtree City should see a significant financial windfall from the production of movies there.

It’s estimated that the city will see an annual bump of between $400,000 to $500,000 a year in its regular sales tax collections alone.

Fayette County Development Authority President Matt Forshee, in a presentation to the Peachtree City Council Thursday, said the studio will need to purchase raw materials to construct sets, which is where most of the sales tax increase will come from. Read More»

Panasonic adding 150 more jobs in expansion of PTC location

4 other PTC companies to expand; 2 new ones coming here

The Panasonic facility in Peachtree City has added 100 jobs in the past year and currently has 50 openings for software engineers in high-paying jobs, the city council was told Thursday night. Read More»

F’ville Council to hear how to get TAD redevelopment district started

Fayetteville voters last year overwhelmingly supported the Redevelopment Authority Powers referendum that gives the city a way to enhance the potential to have older commercial properties redeveloped. The City Council on Thursday will hear a presentation on how that process might work. Read More»

Fayette property values go up

It marks the most significant economic shift in Fayette County since the fair market value of all property in the county nose-dived more than 20 percent beginning a few years ago due to the effects of the Great Recession and its economic aftermath. That downward trend has now been reversed, Read More»

Coweta, Newnan unemployment on the rise in July

Unemployment numbers for Coweta County and Newnan shot up dramatically in July. Jobless numbers jumped by nearly half a point while the unemployment rate in the Three Rivers Commission area rose to more than 11 percent.

Coweta in July saw jobless numbers rise to 8.4 percent, up from the 8 percent rate in June. The unemployment rate in July 2012 was 9.3 percent.

Coweta’s jobless rate represents 5,474 people out of work in a workforce of 65,282.

The situation in Newnan was worse than that experienced by the county. The July rate in Newnan was 9.7 percent, up from 9.3 percent in June. Read More»

4 PTC firms make Inc. Magazine’s Fastest Growing list

4 PTC firms make Inc. Magazine’s Fastest Growing list

Inc. magazine this week announced its list of the 5,000 fastest-growing companies in the United States. Making the list were four companies located in Peachtree City.

SAWTST topped the local list coming in at number 1,005 on the “Inc. 5000” list, followed by NAECO at number 1,370, Powersports Marketing at number 1,435 and Aventure Aviation at number 2,838. Each of the companies are located in Peachtree City. Read More»

Fayette’s unemployment rate fell a half point in July

Fayette County’s unemployment rate looked better for July after a jump in the wrong direction in June. The July jobless rate fell by half a point to 7.7 percent.

July unemployment figures released by the Georgia Department of Labor showed Fayette with a 7.7 percent jobless rate. That compares to the 8.2 percent rate in June and a rate of 8.4 percent a year ago. The July figure translates into 4,181 people in Fayette without work in a workforce of 54,256. Read More»

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