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July 2008

Asbury Automotive Moving HQ to Gwinnett

Asbury Automotive Group, the parent company of Nalley Automotive Group, will move its headquarters to Duluth by March 2009.

GE Energy Wins $500 Mil UAE Bid

GE Energy has received a contract of more than US$500 million to supply equipment to power the world's largest aluminum processing complex at a single site.

Starbucks Closing 10 Metro Atlanta Stores

Starbucks is closing 10 stores in metro Atlanta as part of its plan to transform the company by closing approximately 600 underperforming stores.

AJC Trimming 189 Jobs

The Atlanta Journal-Constitution is expected to cut 189 jobs between August and October in the face of declining advertising revenue and rising fuel and newsprint prices.

OpenSpan Closes $13 Mil VC Funding Round

OpenSpan has closed $13 million of venture capital funding tp help accelerate growth with strategic new hires, expanded operations, and continued investments.

FDIC Closes IndyMac Bank

IndyMac Bank was closed today by the Office of Thrift Supervision. The Federal Deposit Insurance Corporation (FDIC) was named conservator. As conservator, the FDIC will operate IndyMac Federal Bank, FSB.

Paradies Shops Wins Airport Bid

The Paradies Shops has been awarded a seven-year contract to bring exclusive national brands and locally-inspired retail concepts to Hartsfield-Jackson.

Cobb Gets New VA Vet Center

Cobb County has been designated by the Department of Veterans Affairs (VA) to receive one of 39 new Vet Centers to be developed by fall 2009.

ScanTech Lands UAE Contract

ScanTech announced today that it plans to create up to 25 jobs and invest $1 million after landing a major contract with the government of the United Arab Emirates.

W Hotel Buckhead Recruiting Blitz

The new W Hotel Buckhead is hosting a recruiting blitz with the GDOL through July 12 at Lenox Mall. The hotel is hiring up to 125 new employees.

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