Exide Technologies, a former Fortune 1000 battery manufacturer based in Georgia and now squeezed by a growing debt load and the COVID-19 supply crunch, has filed for bankruptcy as it […]
Category: Business
Posted inEconomic Development
Italian Investors Sing Georgia’s Praises
Other than a single visit by then-Gov. Nathan Deal in 2017 and a smattering of locally led trade missions, Italy hasn’t seen the same level of recruitment interest from Georgia as other […]
Posted inBusiness, Global Health, Manufacturing
JPMorgan Economist Foresees ‘Global Cool’ and ‘a New Globalization Story’
Having recognized the damage that the coronavirus has done to the U.S. economy, Jim Glassman, managing director and head economist for commercial banking at JPMorgan Chase & Co., took a […]
Posted inEconomic Development, Global Health, Real Estate
Belgian Pharma Giant UCB Planning $47.5M Expansion, 100 New Jobs in Smyrna
Belgian pharmaceuticals firm UCB is set to expand its U.S. headquarters in Cobb County through a multi-phase plan that is to generate $47.5 million in investment and 100 jobs on its existing 47-acre campus. Through its […]
Posted inBusiness, Politics
Former Atlanta Fed President on COVID-19: China, Migration and the Shape of Recovery
After describing potential shapes of the U.S. recovery from the coronavirus pandemic, former Federal Reserve Bank of Atlanta President Dennis Lockhart also painted a picture of the global forces that […]
Posted inBusiness, Diplomacy, Global Health
ACIR: Hungary’s Achievements, from Handwashing to GDP Growth
Even kids know the value of washing hands, pestered as they are by parents to use soap and water before dinner or after playing outside. COVID-19’s mounting death toll has […]
Posted inBusiness
New German Chamber President Gets Acquainted With the South — From Southern Europe
Matthias Hoffmann got in before the lockdown. It was early March, and while people in Atlanta had stopped shaking hands, he could still feel the Southern hospitality as he was […]
Posted inBusiness, Fintech, Payments, Travel
Ebix Preaches Resilience as Extended India Lockdown Hits Bottom Line
Metro Atlanta-based Ebix Inc. says its broad diversification kept the company profitable in the first quarter, despite an extended lockdown in India and pandemic-related restrictions that pummeled business segments that are highly dependent on travel. The Johns […]
Posted inBriefs, Business, Franchising
Focus Brands Taps Former Starbucks Exec as New Head of International
Atlanta-based franchising firm Focus Brands has tapped a new head for its international business unit. The franchisor of concepts like Auntie Anne’s, Carvel Ice Cream, Moe’s Southwest Grill and other […]
Posted inManufacturing
All of Georgia’s Manufacturers of Critical COVID-19 Supplies in One List
A month after initiating a search for locally made personal protective equipment and other critical items for fighting COVID-19, Georgia Department of Economic Development has published a comprehensive list of […]