Georgia Department of Economic Development

Wendover Housing Partners Holds Grand Opening for Atlanta’s Hartland Station

Retrieved on: 
Wednesday, May 25, 2022

ATLANTA, May 25, 2022 (GLOBE NEWSWIRE) -- Wendover Housing Partners ,one of the Southeasts premier multi-family housing developers,has just celebrated the grand opening of Hartland Station, a new affordable housing community in Atlanta.

Key Points: 
  • ATLANTA, May 25, 2022 (GLOBE NEWSWIRE) -- Wendover Housing Partners ,one of the Southeasts premier multi-family housing developers,has just celebrated the grand opening of Hartland Station, a new affordable housing community in Atlanta.
  • Finding affordable housing is a challenge almost anywhere, especially in growing metropolitan areas like Atlanta, said Jonathan L. Wolf, founder andCEOof Wendover Housing Partners.
  • Todays grand opening ceremony brings new affordable housing and quality amenities into Sylvan Hills a wonderful Atlanta community.
  • Headquartered in Altamonte Springs, Wendover Housing Partners, LLC is a privately held real estate development, investment and management company founded in 1995.

Georgia Power welcomes Hyundai Motor Group to Coastal Georgia

Retrieved on: 
Friday, May 20, 2022

ATLANTA , May 20, 2022 /PRNewswire/ -- Georgia Power today joined with Governor Brian Kemp and the Georgia Department of Economic Development to celebrate the decision by Hyundai Motor Group to open its first fully dedicated electric vehicle (EV) and battery manufacturing facility in the State of Georgia. The new state-of-the-art U.S. smart factory will be located at the more than 2,900-acre Bryan County Megasite, representing a $5.54 billion investment by Hyundai Motor Group, with non-affiliated Hyundai suppliers expected to invest approximately another $1 billion in the project, delivering approximately 8,100 new jobs to Georgia's coastal region.

Key Points: 
  • ATLANTA, May 20, 2022 /PRNewswire/ -- Georgia Power today joined with Governor Brian Kemp and the Georgia Department of Economic Development to celebrate the decision by Hyundai Motor Group to open its first fully dedicated electric vehicle (EV) and battery manufacturing facility in the State of Georgia.
  • Headquartered in Seoul, Korea, Hyundai Motor Group employs 250,000 people worldwide, with vehicles sold in 193 countries through 5,000 dealerships and showrooms.
  • "On behalf of Georgia Power, we welcome Hyundai Motor Group to Georgia today."
  • At the new Georgia highly connected, automated, and flexible EV smart factory, Hyundai Motor Group plans to produce a diverse range of innovative full electric vehicles.

Mercedes-Benz USA Launches new Corporate Social Responsibility Strategy - Driving Your Future

Retrieved on: 
Wednesday, April 27, 2022

Today, Mercedes-Benz USA (MBUSA) announced the introduction of Driving Your Future, the companys new corporate social responsibility (CSR) program designed to empower the next generation.

Key Points: 
  • Today, Mercedes-Benz USA (MBUSA) announced the introduction of Driving Your Future, the companys new corporate social responsibility (CSR) program designed to empower the next generation.
  • Driving Your Future is anchored in the companys commitment to positively impact future generations and make a difference in communities where MBUSA employees live and work.
  • We are thrilled to launch Driving Your Future to help educate and empower the next generation of leaders and innovators to enable communities grow and thrive.
  • Driving Your Future will enable us to support more military families and give back through education to the children needing our support the most."

Heritage Southeast Bancorporation, Inc. and VyStar Credit Union Agree to Extension of Purchase Agreement

Retrieved on: 
Thursday, March 31, 2022

The extension was approved by both parties after consideration of the proposed transaction and the status of necessary regulatory approvals.

Key Points: 
  • The extension was approved by both parties after consideration of the proposed transaction and the status of necessary regulatory approvals.
  • However, HSBI is prohibited from entering into any definitive agreement with another party so long as the agreement with VyStar agreement remains in place.
  • The combination of Heritage Southeast Bank with VyStar allows us to continue that strategy and remains a priority.
  • Heritage Southeast Bancorporation, Inc. serves as the holding company for Heritage Southeast Bank, which is headquartered in Jonesboro, GA and operates under the names Heritage Bank, The Heritage Bank, and Providence Bank in its various markets.

McLain Farms, Bob Meyer HONORED AT VIDALIA ONION AWARDS BANQUET

Retrieved on: 
Wednesday, March 23, 2022

VIDALIA, Ga., March 23, 2022 /PRNewswire/ -- McLain Farms, was named the 2021 "Grower of the Year" and long-time Director of Markets for the Georgia Department of Agriculture Bob Meyer, was inducted into the Vidalia Onion Hall of Fame during the Vidalia Onion Committee 2021 awards banquet.

Key Points: 
  • VIDALIA, Ga., March 23, 2022 /PRNewswire/ -- McLain Farms, was named the 2021 "Grower of the Year" and long-time Director of Markets for the Georgia Department of Agriculture Bob Meyer, was inducted into the Vidalia Onion Hall of Fame during the Vidalia Onion Committee 2021 awards banquet.
  • "Our congratulations to McLain Farms and Bob Meyer on being selected to receive our industry's top honors," said Bob Stafford, Manager of the Vidalia Onion Committee.
  • Maintaining the integrity of this industry by providing a quality onion is the goal that McLain Farms strives for every day.
  • Bob Meyer was presented the award which honors a person who has significantly and positively impacted the Vidalia Onion Industry.

Heritage Southeast Bancorporation, Inc., and VyStar Credit Union Extend Purchase Agreement

Retrieved on: 
Monday, February 28, 2022

ATLANTA, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Heritage Southeast Bancorporation, Inc. (HSBI) announced today that HSBI, Heritage Southeast Bank and VyStar Credit Union (VyStar) have mutually agreed to extend the time available to obtain regulatory approvals, satisfy other closing conditions and prepare for a smooth transition of HSBIs business to VyStar, by waiving their respective rights to terminate the purchase agreement until March 31, 2022.

Key Points: 
  • ATLANTA, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Heritage Southeast Bancorporation, Inc. (HSBI) announced today that HSBI, Heritage Southeast Bank and VyStar Credit Union (VyStar) have mutually agreed to extend the time available to obtain regulatory approvals, satisfy other closing conditions and prepare for a smooth transition of HSBIs business to VyStar, by waiving their respective rights to terminate the purchase agreement until March 31, 2022.
  • HSBI, Heritage Southeast Bank and VyStar each continue to pursue regulatory approvals from the FDIC, the NCUA, the Georgia Department of Banking and Finance and the Florida Office of Financial Regulation.
  • There can be no assurance that the parties will receive regulatory approval during the first quarter, or at all.
  • Heritage Southeast Bancorporation, Inc. serves as the holding company for Heritage Southeast Bank, which is headquartered in Jonesboro, GA and operates under the names Heritage Bank, The Heritage Bank, and Providence Bank in its various markets.

Carmen Chubb Joins Columbia Residential as President

Retrieved on: 
Tuesday, March 1, 2022

Columbia Residential, a leading affordable housing developer, owner, and manager, announced today that Carmen Chubb has joined the leadership team as President.

Key Points: 
  • Columbia Residential, a leading affordable housing developer, owner, and manager, announced today that Carmen Chubb has joined the leadership team as President.
  • Carmen brings her superb reputation, leadership skills, and track record in affordable housing and community development to Columbia Residential, where she can have a direct impact on so many communities and residents we serve.
  • I am honored to join the leadership team of a company that has done so much to transform affordable housing in Atlanta and across the country, said Carmen Chubb, President.
  • Founded in 1991 by the late Noel Khalil, Columbia Residential is an award-winning Atlanta-based developer, owner, and manager of affordable and mixed-income housing.

Aspen Aerogels to Open Advanced Manufacturing Facility in Bulloch County

Retrieved on: 
Thursday, February 17, 2022

NORTHBOROUGH, Mass., Feb. 17, 2022 /PRNewswire/ --Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen", the "Company"), a technology leader in aerogel-based sustainability and electrification solutions, plans to construct an advanced manufacturing facility at Bulloch County's Southern Gateway Commerce Park.

Key Points: 
  • NORTHBOROUGH, Mass., Feb. 17, 2022 /PRNewswire/ --Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen", the "Company"), a technology leader in aerogel-based sustainability and electrification solutions, plans to construct an advanced manufacturing facility at Bulloch County's Southern Gateway Commerce Park.
  • Aspen plans to build a 500,000-square-foot advanced manufacturing facility situated on a 90-acre parcel in southeast Georgia.
  • Individuals interested in employment opportunities with Aspen Aerogels are encouraged to visit www.aerogel.com for additional information.
  • "On behalf of the Development Authority of Bulloch County, we are proud to welcome Aspen Aerogels to the Statesboro-Bulloch County community and our region," said Billy Allen, Vice Chair of the Development Authority.

Kroger Delivery Arrives in Metro Atlanta

Retrieved on: 
Friday, February 4, 2022

After placing an order via Kroger.com or the Kroger app, customers in regions where a CFC is located have groceries delivered by a knowledgeable Kroger Delivery associate in a temperature-controlled van.

Key Points: 
  • After placing an order via Kroger.com or the Kroger app, customers in regions where a CFC is located have groceries delivered by a knowledgeable Kroger Delivery associate in a temperature-controlled van.
  • The launch in metro Atlanta represents an extension of a partnership between Kroger and Ocado.
  • Kroger Delivery is a vertically integrated network, enabling coverage of up to 90 miles from the hub location in Forest Park.
  • Once completed, orders are loaded into a temperature-controlled Kroger Delivery van, which can store up to 20 orders.

Ballantyne Strong Acquires Digital Ignition Building

Retrieved on: 
Thursday, February 3, 2022

Charlotte, NC, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Ballantyne Strong, Inc.(NYSE American: BTN) (the Company or Ballantyne Strong) today announced that it has acquired the land and building at 190 Bluegrass Valley Parkway, in Alpharetta, Georgia, home to its Digital Ignition technology incubator.

Key Points: 
  • Charlotte, NC, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Ballantyne Strong, Inc.(NYSE American: BTN) (the Company or Ballantyne Strong) today announced that it has acquired the land and building at 190 Bluegrass Valley Parkway, in Alpharetta, Georgia, home to its Digital Ignition technology incubator.
  • We are excited to have the opportunity to strategically acquire the real estate that houses our growing Digital Ignition technology incubator, commented Mark Roberson, Chief Executive Officer of Ballantyne Strong.
  • Ballantyne Strong, Inc. ( www.ballantynestrong.com ) is a diversified holding company with operations and holdings across a broad range of industries.
  • Ballantyne Strong holds a $13 million preferred stake along with Google Ventures in privately held Firefly Systems, Inc., which is rolling out a digital mobile advertising network on rideshare and taxi fleets.