SP Newsprint Inks Deal to Ensure Future Viability

PRESS RELEASE - SP Newsprint Co., LLC, which operates one of its two manufacturing facilities in Dublin, GA and has a subsidiary, SP Recycling Corp., which is based in Atlanta, announced that it has entered into a forbearance agreement with its revolving and term lenders. Under the terms of the agreement, SP will be provided with additional liquidity and the lenders will forebear from exercising any rights or remedies that might otherwise have been available to them. During the forbearance period, SP, its lenders and advisors will work to develop and implement a business plan for SP which will ensure its viability on a long-term basis.

Proposed Expansion of PDK Airport May Mean More Hangars, Less Controversy

STAFF REPORT - The director of Atlanta's Peachtree-Dekalb Airport (PDK) has laid out a plan to both add hangars and revenue to the airport, while simultaneously limiting future controversial growth options. The Atlanta Journal Constitution is reporting the plan, which would allow the airport to house an additional 63 planes, would use only remaining possible location for a new terminal that could allow commercial passenger traffic. The possibility of future commercial traffic has been met by protest from local residents who fear the effects of additional noise, traffic, and pollution. Click the link below for more information on this issue from the AJC

Project may ease tensions at PDK | ajc.com

Chinese Telecom Giant ZTE Opens New Atlanta Office

STAFF REPORT - The American division of Chinese telecom ZTE Corp. has recently opened an office in Atlanta. The new office of Dallas-based ZTE USA is strategically located to serve local clients, primarily AT&T Mobility. Click the link below for the full article fomr GlobalAtlanta.com

Chinese Telecom Giant Opens New Atlanta Office

Southern Nuclear CEO Retiring

STAFF REPORT - Southern Nuclear, the division of Southern Company responsible for the bulk of the company's nuclear activities in Georgia, has announced that its CEO James Miller will retire this year. Click the link below to read the full article from the Atlanta Journal Constitution.

Southern Nuclear to get new chief | ajc.com

Roark Capital Announces Acquisitions of Arby's, Corner Bakery, and Il Fornaio

STAFF REPORT - Atlanta-based investment firm Roark Capital Group has announced the pending acquisitions of restaurant chains Arby's, Corner Bakery, and Il Fornaio. Roark is already home to such iconic brands as Auntie Anne's Pretzels, Atkins, Seattle's Best Coffee, Carvel Ice Cream, Wing Stop, Cinnabon, Schlotzsky's Deli, Moe's Southwest Grill, and McAllister's Deli. The new acquisitions, reported in separate articles in The Atlanta Journal-Constitution and The Atlanta Business Chronicle, will add nearly 3,750 stores to the Roark portfolio, mostly consisting of Arby's locations.