Firm to create 70 jobs in Bryan County
Pennsylvania-based West Penn Testing Group, a state-of-the-art material testing services provider, will invest $3 million to build a testing center in Ellabell that will create 70 jobs over the next five years, Gov. Nathan Deal announced Tuesday.
The testing center, which will be built in Bryan County’s Interstate Centre industrial park, will use advanced techniques to evaluate the quality and integrity of raw materials and components, the company said.
Testing is expected to begin at the 30,000-square-foot facility later this year.
“We selected the location based on Bryan County and the state’s ability to find ways to support our needs, such as local employment opportunities, technical education centers, potential veteran employment pool, building availability/location, Georgia’s QuickStart program and tax incentives to remain competitive in our markets,” said CEO N. David Campbell.
West Penn, established in 1952, also has facilities in Pennsylvania and South Carolina.
Ameris reports net income growth in 2014
MOULTRIE — Ameris Bancorp (NASDAQ-GS: ABCB) on Tuesday reported operating net income of $10.0 million, or $0.40 per diluted share, for the quarter ended June 30, compared to $6.2 million, or $0.26 per diluted share, for the quarter ended a year earlier.
For the six months ending June 30, the company reported operating net income of $18.1 million, or $0.71 per diluted share, compared to $11.1 million, or $0.46 per diluted share, a year earlier.
During the second quarter of 2014, Ameris completed the acquisition of Savannah-based Coastal Bankshares, Inc. and recorded approximately $1.90 million, or $0.075 per share, of after-tax merger related charges.
“Strong trends in loan growth, funded mostly with non-rate sensitive deposits, very solid mortgage results and over $1.1 million of SBA revenue were among the factors contributing to a successful quarter,” said Edwin W. Hortman, Jr., Ameris president and chief executive officer.
Comcast 2Q earnings top views on Internet hookups
PHILADELPHIA — Comcast’s second-quarter net income rose 15 percent to nearly $2 billion as it added high-speed Internet customers at a faster pace and video subscriber losses moderated.
The nation’s largest cable provider topped Wall Street estimates and shares edged up in afternoon trading.
The nation’s largest cable provider said Tuesday that net income rose to $1.99 billion, or 76 cents per share, up from $1.73 billion, or 65 cents per share, a year ago.
Revenue grew nearly 4 percent to $16.84 billion, short of the $16.95 billion that analysts were looking for. Revenue a year ago was $16.27 billion.