Georgia Trend Daily – July 25, 2019
July 25, 2019 Gainesville Times
Kubota plans to expand footprint, invest $85 million in new Gainesville site
Kelsey Richardson reports that Kubota North American Corp. is purchasing around 300 acres in Gainesville to establish a new engineering and design center near the company’s manufacturing facilities at 2715 Ramsey Road in northeast Hall County. Kubota intends to invest more than $85 million into the site to expand the company’s footprint in Georgia.
July 25, 2019 Georgia Trend – Exclusive!
At Issue: Too Big To Fail
Kerwin Swint writes, recently I had the opportunity to travel to China on university business. Our College of Humanities and Social Sciences at Kennesaw State University hosts an annual Symposium on Asia-USA Partnership Opportunities (SAUPO); it alternates every year between Atlanta and Shanghai. This year we took advantage of the opportunity to meet with several universities in and around Shanghai to discuss academic exchanges and partnerships.
July 25, 2019 Atlanta Journal-Constitution
Atlanta is known as a “Black Mecca.” Jobs data tell a different story.
Ernie Suggs and Jennifer Peebles report that the unemployment rate for African Americans, at 6%, is reaching historic lows. But the rate is still roughly double that of white Americans.
July 25, 2019 Atlanta Business Chronicle
BMW revs up training to 1,000 technicians a year at new College Park center
Jessica Saunders reports that BMW of North America will train 1,000 technicians a year at its $17 million, 53,000-square-foot new training facility in College Park, near Hartsfield-Jackson Atlanta International Airport. The airport was a key factor in site selection for the facility, which replaces a much smaller, outmoded training center adjacent to BMW North America’s Southeastern regional headquarters in Roswell, Ga.
July 25, 2019 Saporta Report
Fort Mac redevelopment leader resigns
Maggie Lee reports that the public authority that’s overseeing the redevelopment of Fort McPherson has a new interim executive director. The turnover at the top comes amid media reports of a serious conflict between the authority and a key contractor, plus revelations of cash flow problems. The board of the Fort McPherson Implementing Local Redevelopment Authority unanimously voted on Wednesday to accept the resignation of Executive Director Brian Hooker and to thank him for his years of leadership.
July 25, 2019 Savannah Morning News
General Dynamics reports strong second quarter
Staff reports that General Dynamics, the parent company of Savannah-based Gulfstream Aerospace Corp., on Wednesday, July 24, reported a second quarter revenue increase of $9.6 billion, up 4% year-over-year, with net earnings of $806 million, which were up 2.5% year-over-year. “We enjoyed a very good second quarter,” General Dynamics chairman and CEO Phebe Novakovic said during the company’s earnings call on Wednesday.
July 25, 2019 Georgia Trend – Exclusive!
Young riders compete this week
Mary Ann DeMuth reports that the Augusta-based National Barrel Horse Association (NBHA), the world’s largest barrel racing organization, is holding its 2019 Youth World Championships at the Georgia National Fairgrounds in Perry through July 27. Hundreds of riders under age 18 from all over the nation and several foreign countries are competing with their horses for the fastest times in age- and skill-based divisions.
July 25, 2019 Daily Report
Supreme Court Candidates Report Half a Million Dollars Raised
Katheryn Tucker reports that the two announced candidates for an open seat on the Georgia Supreme Court in 2020 have already raised more than half a million dollars combined. Former U.S. Rep. John Barrow and Georgia Court of Appeals Judge Sara Doyle are seeking to win the seat that Justice Robert Benham will leave when he retires at the end of 2020.
July 25, 2019 Atlanta Journal-Constitution
Center opens to help rural economies in North Georgia
Mark Niesse reports that a new office tasked with supporting rural businesses and communities is opening in North Georgia. The Ellijay branch of the Center for Rural Prosperity and Innovation, announced Wednesday, will serve as a government resource for industry-specific assistance, community planning and other efforts to support rural economies.
