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300 Boeing jobs in Macon threatened by end of C-17

Special to SEGAZINE

Nearly 3,000 employees work on the C-17 military cargo plane at the Macon plant and three other locations; production will end in two years.
Source: WMAZ-TV

 Cinnabon’s new president is 35
Kat Cole is president of Atlanta-based Cinnabon; a look at her career path.
Source: WXIA-TV

Former Martinez businesswoman’s investors tell tales of shell game
As Regina Preetorius was telling old investors she couldn’t pay their quarterly interest payments because of a real estate market slump, she was taking thousands of dollars from new investors and home buyers, according to testimony Wednesday at her fraud trial.
Source: Augusta Chronicle

TSYS stock shares hit $30
It’s the highest stock price for TSYS since November 2007.
Source: Columbus Ledger-Enquirer

Google funds new company to tackle aging
The new company, Calico, is taking on the quest to reverse the aging process and extend human life; it will be run by Arthur Levinson, former CEO of biotechnology pioneer Genentech.
Source: Athens Banner-Herald

MARTA leaders hope to promote service using Atlanta celebrities
MARTA marketing director Jennifer Jinadu-Wright says she’s trying to line up local celebrities like comedian Jeff Foxworthy and hip-hop artist Ludacris because they’re respected in the community and can appeal to a diverse audience.
Source: Athens Banner-Herald

Shaw Industries to add 175 jobs
Carpet and flooring giant Shaw Industries Group Inc. will spend $100 million to streamline its distribution network and expand its fiber extrusion facility in Northwest Georgia.
Source: Atlanta Business Chronicle

• 175 jobs to be added by Shaw Industries
Source: Dalton Daily Citizen

Atlanta’s ‘Top Chef’ Richard Blais to launch soda line at Kroger
DRY Soda Co. of Seattle asked Blais to develop new flavors.
Source: Atlanta Business Chronicle

Wells Fargo to cut 1,865 jobs nationwide
Only 8 Atlanta jobs will be cut.
Source: Atlanta Business Chronicle

Head of Smithsonian to retire in 2014
Georgian Wayne Clough says he will retire in fall 2014 from his post as head of Washington’s Smithsonian Institution; in the five years he’s been there, he has raised $893 million privately.
Source: Atlanta Business Chronicle

Urban Outfitters to add workers at new Augusta call center
Source: Atlanta Business Chronicle

International Paper to upgrade its linerboard mill in Coosa
The company has announced a $100 million to $150 million equipment upgrade at the mill.
Source: Rome News-Tribune

Unemployment in Georgia drops to 8.7%

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