Metro Augusta doing good (foreclosure, credit, employment)

[nortonguy]

Augusta continues to weather the recession better than three-quarters of the major metropolitan areas in the country. Augusta, bolstered by a foreclosure rate and an employment drop less severe than in other areas of the country, ranked 23rd among the nation's 100 largest metropolitan areas in economic performance, the Brookings Institution said Tuesday.
Deke Copenhaver: Another High Ranking For Augusta | Facebook

Augusta economy remains resilient 121609 - The Augusta Chronicle (http://chronicle.augusta.com/stories/2009/12/16/bus_559730.shtml - broken link)




Augusta’s application for an Opportunity Zone has been approved by the state, the city announced this morning. When two or more jobs are created, businesses within the Opportunity Zone may be eligible to receive $3,500 in employee tax credits for each new job.

“The introduction of Opportunity Zones in Augusta will serve as another strong tool to supplement the already progressive and tremendously successful efforts of our economic development team,” said Augusta Mayor Deke Copenhaver. The opportunity zones will be in effect for four years.
State OKs Augusta to designate Opportunity Zones 121609 - The Augusta Chronicle




The chief financial officer for an Ohio signage company confirmed today that it would be moving to Graniteville. Ninety-five people would be employed by the company that will use more than 30-acres of land at the industrial park.

The company is making a $93 million investment in the area, which includes acquiring the building from Avondale Mills, $3 million in improvements and $4 million in equipment.
Ohio firm confirms its moving to Graniteville 121509 - The Augusta Chronicle