georgia businesses | WABE 90.1 FM

georgia businesses

Horse Industry Takes The Reins In Georgia’s Economy

Nov 28, 2016
Byron York / Atlanta Business Chronicle

Georgia’s equine industry is anything but a pony show — it has a $2.5 billion annual impact on the state’s economy, according to the Georgia Agricultural Commodity Commission for Equine.

Further, horses are the No. 9 commodity in the state with a value of more than $333 million, or about $279.8 million more than those famous Georgia peaches. That’s according to the 2014 Farm Gate Value Reports from the University of Georgia.

Paulding County has approved a deal for a California company to lease and eventually buy the county's film studio in Hiram, Georgia.

The county built the Atlanta Film Studio in 2011, but it has had trouble making it very profitable.

Some major productions filmed at the studio were the Jackie Robinson biographical film “42” and AMC's TV series “Halt and Catch Fire.” But much of the time, the studios have sat empty.

So last year, the county put it up for sale.

Timothy Stake / Copyright © 2010 Boeing. All Rights Reserved.

The U.S. House voted to renew the Export-Import Bank's charter on Tuesday, but the trade lender still needs Senate approval to be revived, and that has split Georgia's Senate delegation.

Republican Rep. David Perdue has maintained the position he’s held since July, according to multiple media reports, when he released a statement that said he’s “concerned about the structure of the bank,” and wants to see more debate on the issue.

Havana Cuba
Courtesy of the World Affairs Council of Atlanta

Atlanta Mayor Kasim Reed, Councilman Kwanza Hall and Atlanta business leaders are in Cuba this week.  

They're on a mission to make Atlanta a "business gateway" for Cuba.    

Mayor Reed has said Atlanta doesn't have the baggage that Florida does with its history and large Cuban-American community, which mostly opposes normalizing relations with Cuba. 

King Of Pops Finds Sweet Sales On Atlanta’s Streets

Jun 1, 2015
Steven Carse, Co-founder and CEO of King of Pops, left, and Nick Carse, Co-founder and CFO of King of Pops sit on King of Pops carts.
Courtesy of Jason Travis

The Atlanta-based fruit pop cart vendor King of Pops is turning into a profitable venture for the Carse family. The popsicle maker is seeing a sweet sales growth.

Co-founder and CEO Steven Carse first thought of the idea for the business while on a trip to Central America with his two brothers. They fell in love with paletas –a style of Latin-American ice pop – during their travels.

Crane Creek Vineyards

Georgia’s wine business is booming, creating jobs and millions of dollars in state and local tax revenue.

It’s quite an accomplishment when you consider there were just a handful of vineyards in the state in 1995. But with steady growth over the past two decades, Georgia now boasts more than 40.

Grape grower and winemaker Eric Seifarth is the president of Crane Creek Vineyards, which is located in the Blue Ridge Mountains of North Georgia.

Seifarth is also a member of the Winegrowers Association of Georgia.

Ga. Loses To SC In High-Stakes Bidding War For Volvo Plant

May 14, 2015
2015 Volvo V60 Cross Country
volvocars.com

Georgia lost out on its bid to host the first U.S. auto plant by Swedish carmaker Volvo.

Gov. Nathan Deal lobbied hard to bring the $500 million facility to Georgia, but South Carolina beat out the state for the plant, which is expected to produce 100,000 vehicles in its first year.

Volvo has not said why it picked South Carolina over the other states vying for the plant. South Carolina already has a BMW and Mercedes-Benz factory.

Atlanta Entrepreneurs Summit Offers Networking, Inspiration

May 13, 2015
Rodney Sampson, founder and CEO of Atlanta-based Opportunity Ecosystem, talked on A Closer Look on Wednesday, May 13 about his business and the Black Enterprise Business Summit.
David Goldman / Associated Press

The 20th annual Black Enterprise Entrepreneurs Summit kicked off in Atlanta Wednesday.

The three-day event brings together the nation’s top African-American entrepreneurs, executives, and business owners for an opportunity at networking, learning, and inspiration.

Comedian, media personality and entrepreneur Steve Harvey, journalist Roland Martin, HGTV host and real estate agency CEO Egypt Sherrod, NFL Hall of Fame inductee and ESPN anchor Cris Carter are just a few of  the successful business people expected at the summit.  

Members of Youth Entrepreneurs Georgia
Courtesy of Youth Entrepreneurs Georgia

A Georgia entrepreneur group is helping Atlanta students develop practical business knowledge while they’re still in school with the focus of developing young entrepreneurs into successful business people.

Youth Entrepreneurs Georgia, which works with area school districts, is hosting one of their biggest events Tuesday at the Fox Theatre. It’s called “Dreams to Dividends.” It’s a reception and dinner for groupmembers and an awards ceremony, too.

Dayton Daily News, Ron Alvey / Associated Press

When NCR ─ a Fortune 500 company based in Gwinnett County ─ held its annual meeting last Wednesday, the only way one could participate was online. 

It's the first time in Georgia's history a major public company held a virtual annual meeting.

So NCR shareholders were unable to interact with the executives and directors running their company. The meeting was only available online in audio ─ not even video ─ and not one shareholder asked a question.

Not surprising. An online-only meeting is an unfriendly forum for shareholders.