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Business Buzzzzzzzz

Dec 5 – Savannah Area Business Buzzzzzzzz

Category: Business Buzzzzzzzz

Dec. 5 – Savannah Area Business Buzzzzzzzz

Jersey Mike’s Subs founder and CEO Peter Cancro presented Susan G. Komen for the Cure® with a check for $1.1 million last week on behalf of the franchise system and its loyal and generous customers.  This was the culmination of the company’s six-month Mike’s Way to a Cure® awareness and fundraising campaign for the charity.  The Savannah stores raised $7,117.94, alone.  Susan G. Komen will distribute 75 percent of the funds raised in each market back to the local area where the dollars were raised and 25 percent of the funds will be earmarked for research. In an open letter of thanks, Cancro wrote, “After meeting Nancy Brinker, Susan’s sister and founder of the organization, at the Honoring the Promise Gala held at the John F. Kennedy Center in Washington, DC, I was greatly moved by the stories of those affected by breast cancer.  I knew then that this was a cause we needed to be involved with.

 

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Kia Motors America (KMA) announced last week the company’s best-ever November sales of 37,007 units, a 39.1-percent increase over the same period last year and the company's 15th straight monthly sales record.  Kia is one of the fastest growing car brands in the U.S., having eclipsed 400,000 vehicles sold for the first time in company history in October, and year-to-date sales are up 35.7-percent.  Following the recent start of Optima production at Kia Motors Manufacturing Georgia (KMMG), the brand's U.S.-built(1) products – Sorento and Optima – were the top performers for the second consecutive month with 9,669 and 9,533 vehicles sold, respectively.  Kia's commitment to the U.S. market is represented by its U.S.-based manufacturing facilities in West Point, Georgia – KMMG – which is responsible for the creation of more than 10,000 plant and supplier jobs and recently added the critically acclaimed Optima midsize sedan(3) to its production line, according to the company.

 

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There’s going to be another new director of Georgia's Environmental Protection Division. Governor Nathan Deal; announced last week, nominating Jud Turner to replace Allen Barnes who has been in the position under two years.

Barnes was named head of EPD when Carol Couch announced she had decided to accept a faculty position at UGA. Barnes had been at the Atlanta office of the U.S. Environmental Protection Agency. 

Turner is a registered lobbyist and lawyer who worked as a legal advisor for Governor Perdue. His appointment must be approved by the board of the state Natural Resources Department which meets Dec. 7.  Turner has worked on Georgia’s legal case over water versus Alabama and Florida.  The AJC reports that he founded the “public affairs firm Georgia 360. His clients include the powerful Metro Atlanta Chamber, The Walt Disney Company and Honeywell, according to state records.”  The Atlanta newspaper reports he has no environmental experience.

                                                                       

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A new study by the 24/7 Wall Street LLC group compares the financial health and overall quality of life in 50 states. The group state that comparisons are difficult because “some states have abundant natural resources while others rely on service or innovation. State populations also can be more rural or more urban.”  To determine how well or how poorly a state is run, the group weighed each state’s financial health, based on factors including credit score and debt. And the group ranks states living standards, reviewing dimensions such as health insurance, employment rate, low crime and a good education.

GEORGIA:  # 32 overall.  State debt per capita: $1,378 (3rd lowest) Percent without health insurance: 19.7% (5th highest) Percent below poverty line: 16.5% (11th highest) Unemployment: 10.3% (9th highest)  In the fiscal year 2009, Georgia’s revenue amounted to $3,419 per person, the 17th lowest revenue in the country. However, the state spent $4,217 per capita that year, the second-lowest expenditure per capita across all programs. The state spent just $984 per person that year on public welfare, the third-lowest amount in the country. This lack of spending contributed to the state’s poverty rate of 16.5%, the 11th highest in the country — and the nearly 20% without health insurance, the fifth highest percentage in the country.

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