Decade of Growth: BB&T to buy SunTrust in $66 billion ‘merger of equals’

Atlanta Business Chronicle is proud to present a special publication highlighting the stories that helped shape the last decade, or as we call it: A Decade of Growth. From 2010 to 2019, Atlanta has established itself as one of the most vibrant economies in the United States. The Chronicle’s editors and reporters culled all the issues from the past 10 years looking to find the articles that best represented our economic engine. Here is one of those stories…

Original Publication Date: February…


Atlanta Business Journal
Decade of Growth: BB&T to buy SunTrust in billion ‘merger of equals’

Home Depot co-founder: 'The quicker we comply, the sooner this crisis will end' (Video)

Home Depot co-founder Ken Langone had one major message to relay during an interview Wednesday with Fox Business: Listen to health officials and stay home.

“All this talk about what is going to happen in three months, in six months, in nine months; what’s gonna go up, what’s gonna go down. You’re all guessing,” he said. “Right now we ought to be focused on one thing: complying with what the government and the scientists, the doctors want us to do. I can tell you one thing: the quicker we comply,…


Atlanta Business Journal
Home Depot co-founder: 'The quicker we comply, the sooner this crisis will end' (Video)

Sea Island coastal resort temporarily closes amid coronavirus pandemic

A luxurious South Georgia vacation destination has closed down amid the novel coronavirus pandemic.

Sea Island announced Tuesday it will temporarily shutter to arriving guests until May 15. In the meantime, the resort “will continue to operate at a minimum level of service for our existing membership while employing stringent social distancing practices,” Scott Steilen, president and chief executive officer of Sea Island Company said in a prepared statement.

Sea Island is part of Georgia’s coastal…


Atlanta Business Journal
Sea Island coastal resort temporarily closes amid coronavirus pandemic

Birmingham CRE firm working on big Georgia project

A Birmingham commercial real estate company is ramping up work on a project in metro Atlanta.

Birmingham-based Retail Specialists is providing leasing services for Monroe Pavilion, a 100-acre shopping center project in Monroe, Ga. The firm is working with developer MAB American Management for a summer 2021 opening.

The 350,000-square-foot development is slated to have an estimated investment of more than $80 million and 1,000 total employees.

So far, Publix has signed a lease to anchor the…


Atlanta Business Journal
Birmingham CRE firm working on big Georgia project

Automotive Minute: U.S. News & World Report announces Best Cars for Families awards

Families fit in cars, trucks, SUVs, and minivans of all shapes, sizes, and price points. The latest round of awards from U.S. News & World Report showcases the best new vehicles for families.

To come up with the winners of the 2020 U.S. News Best Cars for Families awards the company evaluated 90 new 2020 model year vehicles. To come up with the winners, the company looked at a combination of the vehicles’ reviews, safety and reliability ratings, seating and cargo volume, and family-friendly feature…


Atlanta Business Journal
Automotive Minute: U.S. News & World Report announces Best Cars for Families awards

Holeman & Finch restaurant group lays off 325 amid coronavirus closures

With the novel coronavirus pandemic paralyzing the restaurant industry, James Beard award-winning restaurateur Linton Hopkins has temporarily closed his businesses and laid off 325 employees.

“Gina and I built five tiers of [how to handle] this progressing and jumped to Tier 5 in four days,” Hopkins told Atlanta Business Chronicle.

Linton and Gina Hopkins own their eponymous Hopkins & Co. restaurant group. The company operates Holeman and Finch Public House, Holeman and Finch Bottle Shop, four…


Atlanta Business Journal
Holeman & Finch restaurant group lays off 325 amid coronavirus closures

Kia Motors Manufacturing Georgia stops production for 2 days for supply-chain issues

Kia Motors Manufacturing Georgia has cancelled production operations at its huge manufacturing plant in West Point, Ga., for two days due to supply chain issues.

In a statement, KMMG said it had cancelled production operations for March 19 and 20 “due to supply chain issues.”

Normal operations were planned to resume Monday, March 23.

Kia Motors contacts did not immediately respond to emailed questions about the production shutdown.

“KMMG will take the opportunity to perform routine maintenance…


Atlanta Business Journal
Kia Motors Manufacturing Georgia stops production for 2 days for supply-chain issues