The Times-Herald > Business http://www.times-herald.com/Business/ Newnan and Coweta County's Online Source en-us Copyright 2008 The Newnan Times Herald Inc. Hospital names Racht VP of medical affairs http://www.times-herald.com/Business/Hospital-names-Racht-VP-of-medical-affairs-590060 Piedmont Newnan Hospital announces the appointment of Edward M. Racht, M.D., as vice president of medical affairs and chief medical officer.

Racht will be responsible for providing leadership in all areas of clinical service; directing system-wide quality; facilitating clinical performance improvement; directing patient safety initiatives; developing best practices in managed care; assisting in improving the performance of employed physician practices; and furthering medical collaboration and innovation to provide the community with enhanced medical care.

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Business
Re/Max Legacy names executive core team http://www.times-herald.com/Business/Re-Max-Legacy-names-executive-core-team-590031 Tyrone -- Re/Max Legacy announces its core team of real estate executives, Sandy Cruder, Ramona Frey, Robin Mann, June Montjoy, Ethel Moore, Joyce Scarbrough, Shirlitha Warnick and Joyce Williamson.

Re/Max Legacy is a new name in the market, but certainly not a new presence. Formerly Century 21 Scarbrough Properties, the company was founded in 1973 by Joyce and John Scarbrough and is now owned and managed by their daughter, Beth Johnson. Beth explained the name by saying that "we are committed to continuing a 35-year legacy of excellence and integrity."

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Business
Citigroup shedding jobs http://www.times-herald.com/Business/Citigroup-shedding-jobs-591429 Citigroup Inc. is shedding approximately 53,000 more employees in the coming quarters as the banking giant struggles to steady itself after suffering massive losses from deteriorating debt.

CitiFinancial has Newnan branches at 218-D Bullsboro Drive and at 1111 Bullsboro Drive.

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Business
Mortgage rates listed http://www.times-herald.com/Business/Mortgage-rates-listed-586244 Several Coweta County area banks and mortgage companies shared their mortgage rates as of Friday.

-- Home Loan Professionals -- 30-year fixed, 5.875%; 15-year fixed, 5.5%; adjustable, 5.5% (0.75 discount points, 1% origination fee); FHA/VA, 6%.

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Clean Air commute update Nov. 20 http://www.times-herald.com/Business/Clean-Air-commute-update-Nov-20-586332 Get an update on the "State of the Commute" in metro Atlanta.

On Nov. 20, The Clean Air Campaign and the Atlanta Regional Commission will hold a free Lunch 'n Learn seminar for employers interested in an update on local and regional transportation issues.

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Flight school moving to Newnan-Coweta Airport http://www.times-herald.com/Business/Flight-school-moving-to-Newnan-Coweta-Airport--583907 Falcon Aviation Academy will be relocating its headquarters from Peachtree City to the Newnan-Coweta Airport, the Coweta County Development Authority announced.

"We just got a call this morning from Dan Waters, the president of the company," said Brenda Washington, executive assistant for the development authority at the authority's meeting Thursday morning. "They will be moving their entire headquarters from Peachtree City to Newnan."

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Development Authority
Coweta among finalists for 'Project Care' http://www.times-herald.com/Business/Coweta-among-finalists-for-Project-Care-583909 Coweta County is officially one of the three finalists for the "Project Care" prospect, and Coweta County Development Authority President Bill Harrison said Thursday, "I believe we will win that one."

Rumors are swirling that the prospect is a cancer treatment facility. Coweta officials have been courting the prospect for a couple of months now.

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Development Authority
Project Surge still a mystery http://www.times-herald.com/Business/Project-Surge-still-a-mystery-579985 "Project Surge" is surging forward, with the walls going up on a building. But what exactly is it?

We know that it's a massive, 458,546-square-foot facility at the Coweta Industrial Park at Highway 154 and I-85. We know that Houston Engineering Consulting & Design is building it. We know that it will employ about 110 people, and that it involves high-tech electronics distribution.

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Development Authority
Mortgage rates listed http://www.times-herald.com/Business/Mortgage-rates-listed-575354 Several Coweta area banks and mortgage companies shared mortgage rates as of Friday:

-- Home Loan Professionals -- 30-year fixed, 5.875%; 15-year fixed, 5.5%; adjustable, 5.75% (0.75 discount points, 1 percent origination fee); FHA/VA, 6%.

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Business
BJ's holding Make a Difference Day event http://www.times-herald.com/Business/BJs-holding-Make-a-Difference-Day-event-574158 The Newnan BJ's Membership Club will be host for a Make a Difference Day event Saturday to benefit local children in need.

BJ's and General Mills have joined efforts for the event. Members and their children, along with the local BJ's Adopt a School program, will decorate bags and fill them with General Mills snack items. The "Backpack Snack Bags" will then be donated to local shelters and food banks for children in need to bring to school.

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Business
Red Cross to benefit from Realtors' Oktoberfest http://www.times-herald.com/Business/Red-Cross-to-benefit-from-Realtors-Oktoberfest-574188 American Red Cross will benefit from the Oct. 28 Newnan-Coweta Board of Realtors' annual Oktoberfest.

The event will be at Something Special, an antebellum home and garden at 83 Greenville St., Newnan. It will run from 6-9 p.m. and feature heavy appetizers, a happy hour, a cash bar and silent and live auctions. Tickets are $25 per person.

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Business
Dorough new executive VP, chief lending officer at First Coweta Bank http://www.times-herald.com/Business/Dorough-new-executive-VP-chief-lending-officer-at-First-Coweta-Bank-572253 First Coweta Bank recently named Trae D. Dorough as executive vice president and chief lending officer.

"Trae's strong banking background and community involvement adds to our already strong management team," said Mike Barber, president and chief executive officer. "We are fortunate to have someone with Trae's financial experience join our bank."

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Business
BB&T reception Thursday http://www.times-herald.com/Business/BB-and-T-reception-Thursday-572331 BB&T will honor five Newnan employees celebrating 25 years of service with a reception Oct. 23 from 5:30 p.m. to 7:30 p.m. at BB&T's Newnan main office at 295 Bullsboro Drive.

The employees celebrating the milestone are:

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UWG's regional economic forecast event, Oct. 28; Registration deadline Friday http://www.times-herald.com/Business/UWGs-regional-economic-forecast-event-78876 The University of West Georgia will host the 2008 Economic Forecast Breakfast on Tuesday, Oct. 28, at 7:30 a.m. in the Campus Center Ballroom at its main campus in Carrollton.

Seating is limited and early registration is recommended.

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Business
Peach Home Cooking joins downtown Newnan mix http://www.times-herald.com/Business/Peach-Home-Cooking-joins-downtown-Newnan-mix-565275 The downtown crowd has been stopping in for a slice of Peach Home Cooking, 30 Perry St., and now co-owner Lisle Millard is hoping to spread the word to the rest of the county.

The new restaurant serves breakfast and lunch, with lunch consisting of a choice of one meat, two vegetables and a dessert.

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Sunday Marketplace
Job Fair today at West Central Tech's main campus in Waco http://www.times-herald.com/Business/Job-Fair-today-at-West-Central-Techs-main-campus-in-Waco-569083 While it may sound unusual for employers to be hiring during the nation's recent economic woes, Ely Elefante of West Central Technical College says there are jobs out there.

In fact, employers will be on the WCTC campus today seeking applicants. Elefante is WCTC's director of career services. "Employers are always looking for quality employees, and job seekers are looking for meaningful employment," Elefante said. "Our job is to get them connected."

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SCANA variable market customers eligible for $25 credit http://www.times-herald.com/Business/SCANA-variable-market-customers-eligible-for-25-credit-568233 Certain SCANA Energy customers have only a short time left to apply for up to a $25 credit if they have switched to any other SCANA variable or fixed plan, say representatives of the Georgia Public Service Commission.

The deadline to apply is Oct. 31. This credit is the result of the June 17 consent agreement between the Georgia Public Service Commission and SCANA.

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Business
State Farm agent honored http://www.times-herald.com/Business/State-Farm-agent-honored-565256 State Farm Agent Trey Rhodes recently received the prestigious Chairman's Circle and President's Club award for the fourth consecutive year from the company, recognizing his outstanding sales ability.

Rhodes, who has been with State Farm for 10 years, joins a select group of Georgia agents to achieve the distinction of receiving this award.

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Business
Coldwell attempts to jump-start real estate market http://www.times-herald.com/Business/Coldwell-attempts-to-jump-start-real-estate-market-565272 Coldwell Banker Bullard Realty and Coldwell Banker Real Estate LLC announced an initiative to bring home buyers and sellers together to help jump-start the U.S. real estate market.

Coldwell Banker kicked off its first-ever national "10-Day Sales Event" Friday, during which participating home sellers from across the United States will reduce the listing prices of their homes by up to 10 percent. The Coldwell Banker 10-Day Sales Event will run nationally through Oct. 19.

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Paws and Claws fest Oct. 18 at Dogwood http://www.times-herald.com/Business/Paws-and-Claws-fest-Oct--18-at-Dogwood-565271 Children and pets are invited to compete in costume contests at the annual Paws and Claws Fall Festival on Oct. 18.

The festival will be held at the Dogwood Veterinary Hospital and Laser Center at 24 Hospital Road in Newnan from 9 a.m. to 1 p.m.

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Business
Mortgage rates listed http://www.times-herald.com/Business/Mortgage-rates-listed-565273 Several Coweta area banks and mortgage companies shared mortgage rates as of Friday.

-- Home Loan Professionals -- 30-year fixed, 6.25%; 15-year fixed, 5.875%; adjustable, 5.75% (0.75 discount points, 1 percent origination fee); FHA/VA 6.25%.

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Business
Sweet Sensations marks fourth anniversary at Avery Park http://www.times-herald.com/Business/Sweet-Sensations-marks-fourth-anniversary-at-Avery-Park-565270 Sweet Sensations has just marked its fourth anniversary in Avery Park.

After moving upstairs from the original shop last year, which allowed for the expansion of the kitchen area, specialty cake orders have "boomed," said owner Sharon Alexander.

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BB&T again ranks highest in customer satisfaction http://www.times-herald.com/Business/BB-and-T-again-ranks-highest-in-customer-satisfaction-565274 For the second year in a row, BB&T Corporation (NYSE: BBT) ranks highest in customer service satisfaction among primary mortgage servicing companies, according to a nationwide study released by J.D. Power and Associates.

The J.D. Power and Associates 2008 Primary Mortgage Servicer Study is based on responses from 10,241 homeowners and involves the 26 largest home mortgage providers in the nation.

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Business
UGA report: Food, fiber big players in Georgia's economy http://www.times-herald.com/Business/UGA-report-Food-fiber-big-players-in-Georgias-economy-565269 When the numbers are totaled, food and fiber production is the dominate driver of Georgia's economic engine, according to a report by the University of Georgia.

Released by the UGA Center for Agribusiness and Economic Development, the report showed that the food and fiber sector, which is everything from agriculture and forestry products to food services, accounts for 14 percent of the state's employment and 13 percent of its economic output. In all, it employs 708,174 people and accounts for $92 billion in sales, said Archie Flanders, a CAED economist.

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Redneck Gourmet expands hours http://www.times-herald.com/Business/Redneck-Gourmet-expands-hours--560723 The Redneck Gourmet is now open seven days a week.

Both Newnan and Senoia locations will be open Monday through Friday, from 6:30 a.m. to 9 p.m., on Saturday from 7:30 p.m. to 9 p.m., and Sunday "brunch" from 9 a.m. to 2 p.m.

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