BiS: - Business news for the creative coast.

Mary Carr Mayle

Senior Business Reporter - 912-652-0324 - Email me

Memorial’s medical school affiliation an attractive perk for HCA

As Hospital Corporation of America settles in to its 60-day due diligence period before formalizing the purchase of Memorial University Medical Center and all its assets, it’s clear what the $710 million deal brings to the Savannah-based hospital that serves a 35-county area in southeast Georgia and southern South Carolina.

Deal welcomes record-setting container ship to GPA

With the stern of the massive COSCO Development as a backdrop Friday, Gov. Nathan Deal welcomed the largest container ship ever to sail to the East Coast, calling the big ship’s visit the beginning of a new chapter of growth for Georgia’s ports.

Six container cranes work in the background as Gov. Nathan Deal welcomes the COSCO Development to Savannah in a ceremony at the Georgia Ports Authority’s Garden City dock. The cranes will handle 5,500 containers, a record for Georgia’s Ports. (Steve Bisson/Savannah Morning News)

Portside: Maritime village brings massive container ship in, out of port

If you think bringing in a big container ship — especially one the size of the 1,200-foot-long COSCO Development, which sailed into port Thursday morning — is just a matter of coming in, docking, moving containers off and on and then sailing out, you’d be right, in a sense.

The COSCO Development, the largest container ship ever to call on the U.S. East Coast, sails down the Savannah River to the Georgia Ports Authority’s container port in Garden City. (Steve Bisson/Savannah Morning News)

VIDEO: Massive ship successfully docks at Savannah port

The COSCO Development, the largest container ship ever to call on the U.S. East Coast, arrived at Georgia Ports Authority’s Garden City Terminal on Thursday morning, ushering in a new era of big ships that are expected to become the norm for the country’s fourth-largest container port.

The COSCO Development, the largest container ship ever to call on the U.S. East Coast, sails under the Talmadge Bridge on its way to the Georgia Ports Authority’s container port in Garden City. (Steve Bisson/Savannah Morning News)

Largest container ship ever to call on the East Coast arrives in Savannah on Thursday

The COSCO Development, the largest container ship ever to call on the U.S. East Coast, is on its way to Savannah, ushering in an era of big ships that is expected to become more the norm than the exception for the country’s fourth-largest container port.

The COSCO Development sailed through the expanded locks of the Panama Canal with little room to spare last week. (Photo courtesy Panama Canal Authority)

Colonial Group updates SEDA board on progress of Savannah Yacht Center

With the passage of legislation earlier this year giving yacht owners the same tax incentives for repair and service work in Georgia that they already get in Florida, Colonial Group’s Savannah Yacht Center on Lathrop Avenue is beginning to take shape

Third Gulfstream G600 test aircraft takes off from Savannah

The third Gulfstream G600 test aircraft successfully completed its first flight Friday, taking off at 8:51 a.m. from Savannah-Hilton Head International Airport and flying for a total of 4 hours and 35 minutes before returning.

The third Gulfstream G600 test aircraft takes off from Savannah/Hilton Head International Airport Friday morning. (Gulfstream photo)

Great Dane named Georgia Manufacturer of Year

Great Dane Trailers in Statesboro was named Georgia Manufacturer of the Year in the category of 150-500 employees at a luncheon in Atlanta last week. The company is headquartered in Savannah.

Portside: GPA celebrates Arbor Day, gets lift from Trump budget

In honor of national Arbor Day last Friday, the Georgia Ports Authority held a special tree-planting ceremony at Garden City Terminal to replace a historic oak lost during Hurricane Matthew last year.

Memorial buyer HCA purchases Waycross hospital

On Monday, Satilla Regional Medical Center in Waycross became the latest hospital to join for-profit healthcare giant Hospital Corporation of America, integrating into the company’s South Atlantic Division and adopting a new name - Memorial Satilla Health.

HCA, the designated buyer of Memorial Health, reports Q1 numbers

Hospital Corporation of America, the largest for-profit hospital operator in the U.S. and designated buyer of Memorial University Medical Center, reported first quarter net income of $659 million, or $1.74 per share Tuesday, missing Wall Street’s expectations of $1.76 to $1.77.

Air Canada begins nonstop service from Toronto to Savannah

Air Canada’s inaugural flight from Toronto – marking the beginning of daily seasonal air service from May 1 to Oct. 15 - rolled up to Gate 4 of Savannah/Hilton Head International Airport Monday afternoon to the fanfare of water cannons, a ribbon-cutting, cheers and moose cupcakes.

Fire trucks gives a water cannon salute to an Air Canada plane on its’ first flight from Toronto to the Savannah/Hilton Head International airport. (Steve Bisson/Savannah Morning News)

HunterMaclean forum tackles cybersecurity issues

“Our goal today is not to scare you,” HunterMaclean partner Diana McKenzie told the group of 150 invited business and community leaders gathered in Savannah Technical College’s Eckburg Auditorium Thursday for the Savannah law firm’s 2017 Critical Issues Forum on cybersecurity.

Sheryl Bunton speaks at the HunterMaclean Critical Issues Forum on Cybersecurity held Thursday morning at the Eckburg Auditorium. (Steve Bisson/Savannah Morning News)

Gulfstream parent General Dynamics posts first quarter earnings

General Dynamics Corp. (NYSE: GD), parent company of Gulfstream Aerospace, on Wednesday reported first-quarter profits of $763 million, or $2.48 per share. Those results significantly exceeded analysts’ expectations of $2.32.

Savannah Tech named ‘Purple Heart’ college for work with vets

Savannah Technical College has been awarded the designation of Purple Heart Technical College by the Military Order of the Purple Heart Chapter 596.

Portside: GPA boss offers a harbor deepening update

With the Savannah Harbor Expansion Project back in the news recently, Georgia Ports Authority Executive Director Griff Lynch provided the following update on the project:

Who is Hospital Corporation of America, Memorial’s Health’s new owner?

Nashville, Tenn.-based Hospital Corporation of America is the largest for-profit operator of health care facilities in the country. According to its latest annual report, it operates 170 hospitals — 166 full-service acute care hospitals, three psychiatric hospitals and a rehabilitation hospital — as well as 118 freestanding surgery centers and 134 other centers, either freestanding ERs or urgent care facilities.

World Trade Center Savannah helping put area on map for global business

World Trade Center Savannah chairman Scott Center accepted congratulations from his board Tuesday on being elected to the World Trade Center’s international board of directors, but quickly pointed out that it was the local organization’s reputation that put him there.

Savannah-based Seacrest Partners, Atlanta firm to merge July 1

Savannah-based Seacrest Partners Inc. has announced it will merge with Atlanta-based Sterling Risk Advisors Inc. and operate as Sterling Seacrest Partners Inc., effective July 1.