This week in BiS:
• While the digital revolution has affected industries of all types, one of the businesses rocked hardest has been photography, but Photomaster has managed to survive.
• Mario Incorvaia is the Arts marketing director and auditorium manager at Armstrong Atlantic State University. Best part of his job? Being around creative people “and the enthusiasm the students bring is infectious.”
• Allison and Eric Mol have turned people’s passion for digital devices into a living with their Savannah iDoctor store on Wilmington Island where they repair Apple ‘i’ devices — iPhone, iPad and iPods.
• Economist Kenneth Zapp relates the story of how a mosquito bite turned real estate icon Cora Bett Thomas’ success story into a fight for survival personally and professionally.
• Commercial banking manager Pam Parker reminds readers economic forecasts are looking favorable for local businesses as the economy shows signs of improvement, making this an ideal time to plan for business growth.
• Attorney Kirby G. Mason, who specializes in malpractice defense, suggests people need to remember a bad outcome after a health care procedure doesn’t necessarily mean someone did something wrong.
Savannah foreclosure rate declines
Foreclosure rates in Savannah decreased for the month of May over the same period last year, according to newly released data from financial information reporting firm CoreLogic.
The rate of Savannah area foreclosures among outstanding mortgage loans was 1.28 percent for May 2013, a decrease of 0.38 percentage points compared to May of 2012 when the rate was 1.66 percent. Foreclosure activity in Savannah was lower than the national foreclosure rate, which was 2.61 percent for May 2013, according to CoreLogic.
Also in Savannah, the mortgage delinquency rate decreased.
CoreLogic data for May 2013 indicates 5.05 percent of mortgage loans were 90 days or more delinquent compared to 5.89 percent for the same period last year, representing a decrease of 0.84 percentage points.
Pace Lighting adds two partial owners
Pace Lighting’s primary owners, Frank Bartlett & Larry Howell, have announced the addition of two partial owners — showroom manager Lisa Dixon and administrative manager Tabitha Thomas.
Thomas has worked at Pace since Jan. 3, 2008, and is responsible for payroll, accounts payable and receivable and general oversight of all internal administrative activities.
Dixon joined Pace full time on March 2, 2009, to maintain its database and website and now oversees management of the retail showroom and staff.
Pace Lighting, 7 Southern Oaks Ct., was founded in 2001.