Georgia Trend Daily – May 30, 2019

May 30, 2019

Plethora to Open Manufacturing Facility in Cobb County

Staff reports that Governor Brian P. Kemp announced on May 29 that Plethora, a leader in on-demand manufacturing of quality custom prototypes and end-production parts, will create 250 jobs and invest more than $17 million in a new production facility in Marietta.


May 30, 2019 Georgia Trend – Exclusive!

Macon Scores Big

Karen Kirkpatrick reports that OneMacon, an alliance of more than 40 public, private and nonprofit organizations, recently released its Community Scorecard detailing the success of the alliance’s first-ever five-year strategic plan. The plan, created in 2013, is a community-wide economic development playbook that has been used to guide collaborative efforts to improve prosperity in Macon and Bibb County.


May 30, 2019 Atlanta Journal-Constitution

Invesco to add 500 jobs in Atlanta with $70M expansion

Greg Bluestein and J. Scott Trubey reports that Atlanta-based investment giant Invesco is set to announce a $70 million expansion that will add 500 new jobs. It’s not immediately clear if the company, which manages more than $1 trillion in assets, is considering moving its entire headquarters to a new building or opening a separate satellite office.


May 30, 2019 Atlanta Business Chronicle

Georgia banks earned $1.08 billion in first quarter 2019

David Allison reports that Georgia’s 169 state-based federally insured banks earned $1.08 billion in the first quarter of 2019, an increase of 4.5% over the same quarter last year, the Georgia Bankers Association said Wednesday. Total loans grew by 15.1%, deposits were up by 9.3% and total assets were up 14.2% compared to the first quarter in 2018.


May 30, 2019 Marietta Daily Journal

Starry Night: 2021 MLB All-Star Game announced for SunTrust Park

John Bednarowski reports that the 92nd Major League Baseball All-Star Game is coming to Cobb County.


May 30, 2019

Thyssenkrupp’s New Stacked Elevator Concept Debuts in Atlanta

Trevor Williams reports that anyone who has tapped their feet waiting for an elevator might appreciate the latest announcement from Thyssenkrupp, the German manufacturer poised to build a new headquarters and test tower in Cobb County. The company’s TWIN elevator system — which stacks two cars in one shaft to save space, time and energy — is now in service at the CODA building at Georgia Tech in Midtown, a 21-story mixed-use building focused on fostering innovation.


May 30, 2019 Gwinnett Daily Post

Swiss company bringing 93 jobs to Gwinnett through manufacturing relocation

Curt Yeomans reports that a Swiss company that produces electronic enclosures for industrial and military uses is expanding its operations with a new manufacturing facility in Gwinnett County. The facility is expected to create 93 new jobs, officials from the company, Partnership Gwinnett and the state of Georgia announced Wednesday.


May 30, 2019 Georgia Health News

Macon hospital’s move reflects fast-food opposition

Andy Miller reports that a fast-food outlet at a Macon medical center is closing, the second such action at a Georgia hospital in the past three years. This week, Navicent Health announced that a McDonald’s restaurant inside its major Macon hospital is closing. The decision follows a complaint by the Physicians Committee for Responsible Medicine filed with the Macon-Bibb County Health Department.


May 30, 2019 Emory University

High LDL linked to early-onset Alzheimer’s

Jennifer Johnson McEwan reports that researchers at Emory University School of Medicine and the Atlanta Veterans Affairs Medical Center have found a link between high LDL cholesterol levels and early-onset Alzheimer’s disease. The results could help doctors understand how the disease develops and what the possible causes are, including genetic variation. The study findings appear in the May 28 issue of JAMA Neurology.


May 30, 2019 University of Georgia

Advancing Georgia’s Leaders in Agriculture and Forestry selects 2019-2020 leadership class

Merritt Melancon reports that twenty-five professionals, who represent a wide swath of Georgia’s agriculture and natural resource industries, have been chosen to participate in the 2019-2020 class of Advancing Georgia’s Leaders in Agriculture and Forestry (AGL). Organized by the University of Georgia College of Agricultural and Environmental Sciences and the Warnell School of Forestry and Natural Resources, the purpose of AGL is to educate and empower Georgia’s agricultural leaders to become effective advocates for the largest economic drivers in Georgia — the state’s agriculture and forestry industries.


May 30, 2019 New York Times

Disney May Halt Productions in Georgia if Abortion Law Is Enforced

Daniel Victor reports that Disney’s chief executive, Bob Iger, said on Wednesday it would be “very difficult” for the company to continue filming in Georgia if the state’s highly restrictive abortion law is carried out. Iger’s comments, made during in an interview with Reuters, were the strongest sign yet that Hollywood could pull back from Georgia, which has lured television and film producers with generous tax breaks, but has also at times repelled the industry with its politics.


May 30, 2019 Newnan Times-Herald

Attorney: State ethics law ‘ineffective as it exists’

Rebecca Leftwich reports that an independent investigation has exonerated Coweta school officials from charges of corruption, but ethics charges against the reported ringleader may not bring the satisfaction some hope. Not many local boards have ever bothered invoking the murky 2010 Georgia law that established the current protocol for ethics complaints.


May 30, 2019 Atlanta Journal-Constitution

The Jolt: As hurricane season looms, Kemp stresses personal responsibility

Greg Bluestein and Tamar Hallerman reports, any notion that Georgia is protected from violent hurricanes was shattered after the one-two punch of Matthew and Irma in 2016 and 2017, followed by Michael’s devastating path through south Georgia last year. And while Georgia has taken initial steps to prepare for climate change, including developing long-term plans to help coastal counties adapt to rising sea levels, officials have resisted more ambitious efforts taken by other states.


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