The Home Depot Completes Acquisition of SRS Distribution
Athens CEO
by Staff Report From Georgia CEO
1d ago
The Home Depot®, the world's largest home improvement retailer, has completed the acquisition of SRS Distribution, Inc. ("SRS") for a total enterprise value of approximately $18.25 billion. SRS is a leading residential specialty trade distribution company across several verticals serving the professional roofer, landscaper and pool contractor. The agreement to acquire SRS was announced on March 28, 2024. "SRS is an excellent fit for The Home Depot – it's both complementary and additive to our growth," said Ted Decker, chair, president and CEO. "Their ability to quickly build lea ..read more
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Survey: US Summer Spending Heats Up Following Record-Breaking Memorial Day Travel
Athens CEO
by Staff Report From Georgia CEO
1d ago
A special report from the BMO Real Financial Progress Index finds Americans plan to increase their summer spending across numerous categories, particularly on vacations and travel, with a quarter of Americans saying they will spend more on getaways this summer compared to last year. Millennials and Gen Z lead this summer's getaway spending plans, with 30 percent (on both counts) saying they plan to spend more over the next few months compared to 2023. This comes after a record-breaking number of travelers screened at airports during the Memorial Day weekend, according to the Transpor ..read more
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Mail Processing in Georgia Improving But Delays Continue
Athens CEO
by Dave Williams
1d ago
Capitol Beat is a nonprofit news service operated by the Georgia Press Educational Foundation that provides coverage of state government to newspapers throughout Georgia. For more information visit capitol-beat.org. Mail processing at the United States Postal Service’s (USPS) regional facility in Palmetto is getting better, but Georgians are continuing to suffer delays sending and receiving mail. That was the upshot of an exchange Monday between Postmaster General Louis DeJoy and U.S. Sen. Jon Ossoff, D-Ga. In response to an update Ossoff requested last week, DeJoy reported that 64.5% of ..read more
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Food Solutions Company Cargill to Create 400 New Jobs in Metro Atlanta Office Hub
Athens CEO
by Staff Report From Atlanta CEO
1d ago
Governor Brian P. Kemp today announced that Cargill, a global food and agriculture leader, will establish a new office hub in the City of Atlanta, creating more than 400 new jobs in the metro area. “With our reliable infrastructure network and capable workforce, it's no wonder why companies like Cargill are choosing Georgia as a preferred destination for projects like this new office hub,” said Governor Brian Kemp. “Innovative job creators like this help continue the upward momentum of key industries like tech and agriculture, our No. 1 industry. We had the opportunity to speak with Cargill an ..read more
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AthFest 2024 Music and Arts Festival Starts Friday
Athens CEO
by Staff Report From Georgia CEO
1d ago
AthFest 2024 gets underway this weekend. The annual, free, three-day festival kicks off Friday, June 21st and runs through Sunday, June 23rd. Last year’s AthFest was the most successful fundraiser in festival history, bringing in $100,000 for AthFest Educates Read More At: WUGA ..read more
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Landmark Properties to Open City Food Hall Near UGA
Athens CEO
by Staff Report From Georgia CEO
1d ago
Landmark Properties, a fully-integrated real estate firm specializing in development, construction, investment management, and operation of high-quality residential communities, is welcoming City Food Hall to 19,681 square feet of street-level retail space at The Mark Athens, located at 130 Hickory St. in Athens, GA. With a curated combination of culinary and entertainment offerings, City Food Hall will bring a vibrant experiential retail outpost to this dynamic enclave of Athens. The location is expected to open in Fall 2025. “City Food Hall will bring an exceptional lifestyle conce ..read more
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Frank Griffin of Flint Community Bank Elected as Chair of Community Bankers Association of Georgia
Athens CEO
by Staff Report From Georgia CEO
1d ago
President, Flint Community Bank, Albany, was elected Chairman of the Board of Directors of Community Bankers Association of Georgia (CBA). Nominations for the 2024-25 CBA Board of Directors were announced and approved at CBA’s Annual convention held June 5 – 9, 2024 at The Ritz Carlton, Amelia Island, FL. His term began June 6, 2024. “The CBA Board of Directors consists of true community bankers. As pillars of their respective communities, they are asked to serve on many different boards and committees. Recognizing the importance of having a community bank-only focused association in Georgia ..read more
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Gov. Kemp Announces GDC Assessment as Next Phase of Public Safety Improvements
Athens CEO
by Staff Report From Georgia CEO
1d ago
Governor Brian P. Kemp, in conjunction with the Georgia Department of Corrections (GDC), today announced the initiation of an in-depth, system-wide assessment of the state corrections system to identify current strengths, opportunities, and recommendations to enhance operational efficiency and effectiveness. This marks the latest measure to improve public safety for all Georgians following a multi-year effort to crack down on crime, take violent offenders off the streets, provide further support and training for state and local law enforcement, and invest well over 1.6 billion additional dolla ..read more
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$6 Million in Grants for 13 Rural Hospitals Announced
Athens CEO
by Staff Report From Georgia CEO
1d ago
Governor Brian P. Kemp this week announced grant awards totaling $6 million to 13 Georgia rural hospitals as part of the Dual Track Rural Hospital Support program. Administered through the Department of Community Health's (DCH) State Office of Rural Health (SORH), program awardees have the option of choosing between funding new or existing graduate medical education (GME) programs or direct hospital support through a single application process. “Since I took office, my administration has worked to deliver on the promise that we would work with state and local partners to develop Georgia's rura ..read more
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Hartsfield-Jackson Announces New Scandinavian Airlines System’s (SAS) Daily Nonstop Service to Copenhagen
Athens CEO
by Staff Report From Georgia CEO
1d ago
Hartsfield-Jackson Atlanta International Airport (ATL) is excited to announce the launch of Scandinavian Airlines System’s (SAS) new daily nonstop service between Atlanta (ATL) and Copenhagen (CPH), starting on June 17, 2024. This new route marks a significant expansion in the SAS North American network as part of their 2024 summer program. The new daily service will connect Atlanta with Copenhagen enhancing travel and business opportunities between the two cities. The flights will use Airbus A330 aircraft during the summer program, with the schedule set to adjust to five weekly flights using ..read more
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