Business Buzzzzzzzz

March 26 Savannah Area Business Buzzzzzzzz

Category: Business Buzzzzzzzz

March 26 Savannah Area Business Buzzzzzzzz

The Florida East Coast Industries – known in Florida as the Flagler real estate development company -  is planning a $1B passenger train service that will run from Miami to Orlando, “with the possibility of expansion to its headquarters in Jacksonville” according to the Jacksonville Business Journal and South Florida Business Journal.  The project is being called “All Aboard Florida,” by the company, and is expected to be completed by 2014, according to a news release.  They plan to run on 200 miles of existing tracks from Miami to Cocoa, and then on 40 miles of new tracks to Orlando, the two  newspapers are reporting.  When will be get a train to Atlanta, folks?

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Savannah’s venerable, and locally-owned premier jewelry firm, Levy Jewelers, has launched a series of TV ads announcing the firm is now buying gold, certainly a sign of the times that we’re in. The company’s headquarters and leading retail store is on Broughton Street.  Buying a customer’s old and broken jewelry pieces helps to get customers into the store, according to the other local companies in the business of buying gold.


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Paula Deen’s magazine ‘Paula’ has begun a circulation promotion offering subscribers 6 mailed issues for $19.00 a year, versus the newsstand price of over $59.00.  In addition to recipes, “the magazine also gives readers a glimpse into Paula's life, her favorite places and includes tips for creative food presentation, entertaining, holiday menus, home decor and gardening,” the company states. The Food Network has had tremendous success with marrying a television show with a magazine.  In fact, her publisher, Hearst, which owns both the show and magazine, has seen its Food Network Magazine division soar “to become one of Hearst’s top performers. In two short years it has managed to capture the dynamic influence of the TV brand, grow its audience and ultimately win numerous advertisers – the backbone of magazine media,” according to the Cision company. Deen manages her company from Savannah.

                                                                        * * * * * is reporting that the head of Israel's top incubator is returning to Atlanta with fledgling Israeli companies in tow. “Todd Dollinger, chairman and CEO of The Trendlines Group, is leading a delegation of 13 firms from his company's Misgav and Memet business incubators. The five-city roadshow across the U.S. is an attempt to secure funding for the young firms, which are still developing their products. The companies will give five-minute presentations about their products. Co-organized by the American Israel Chamber of Commerce - Southeast, the event is open to entrepreneurs and accredited investors,” the business website states. The event is this Weds, March 28, in Atlanta from 4:45 PM –to 7:30 PM at Grant Thornton’s office at 1100 Peachtree Street NE. Suite 1200. Atlanta, and is co-sponsored by the Metro Atlanta Chamber of Commerce.

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