Governor proposes tax reforms to give Georgia competitive edge in jobs

Deal aims for No. 1 business climate

At the Georgia Chamber of Commerce’s Eggs and Issues breakfast this morning, Gov. Nathan Deal put forth a list of agenda items to distinguish our state as the best place in the nation to do business.

“In these challenging economic times in which jobs are portable, we must do more to compete,” Deal said. “It is my goal to make Georgia the No. 1 state in which to do business. The Georgia Competitiveness Initiative Task Force developed a set of tax structure proposals that we believe will give Georgia an edge over other states. We believe this will result in more Georgia companies expanding their footprint here.”

Deal proposed the following:

· The removal of the sales tax on energy used in manufacturing. “In an age of much higher energy costs, this will impact a large component of manufacturers’ overall cost structure and vastly improve the competitive position of our producers,” Deal said. “Today, in executive offices right here in Georgia, business leaders are making the business decision to expand manufacturing activity and facilities in neighboring states. Every time they make that decision, we miss out on new investment in our communities and new job opportunities for Georgians.”

· Sales and use tax exemptions for construction materials used in projects of regional significance. “The result is simple but powerful: local governments have more options to incentivize investment and job growth. When it comes down to Georgia versus Virginia or Florida, the competition is tight. It often goes down to the wire -- even into overtime -- and this is one field goal Georgia can’t afford to miss.”

· Modernize Job Tax Credits and Quality Jobs Tax Credit program. “We are proposing to decrease the quality job creation threshold from 50 jobs to 15,” Deal said. “This will reshape the landscape in Georgia for small business owners. This will help start-ups get off the ground in those critical early stages.”

“The competitiveness initiative was tasked with improving our business climate,” Deal said. “We have to couple these reforms with infrastructure improvements and solid steps toward training our workforce for the jobs of tomorrow.”

The governor touted elements of his 2013 budget that make additional investments in the Savannah Port and in building capacity for water supply.

The Deal budget for next year includes $46.7 million in bonds to continue deepening the harbor. This builds on the more than $136 million already invested for harbor deepening over the last three years – another big step toward the state’s 40 percent share.

“A deeper Savannah Harbor means greater efficiency for 21,000 U.S. companies, 75 percent of which are headquartered outside of Georgia. A U.S. Army Corps of Engineers study has shown that the deepening will reduce shipping costs for private companies by at least $100 million a year. Neither Georgia nor this nation can afford to delay a project that provides customers with a tool that reduces their costs. Savannah is now the second busiest port for containerized exports in the United States. In a challenging 2011, exports from Savannah grew a full 12 percent.”

The budget also includes $45.7 million for reservoirs, the second installment in a four-year plan.

“Local governments can now apply for the low-interest loans and state direct investment and we are one step closer to enhanced water security in this state,” Deal said. “With our state’s population projected to grow by an additional 4.6 million people over the next two decades, it is imperative that we expand water supply.”

Lastly, the governor emphasized the need for ratifying the TSPLOST across the state this summer. “We are falling behind, and local communities have put together project lists that are worthy of support. We have to get our people and goods moving again. Georgia can either go forward with this wise investment or our transportation system will be stuck in the past while we’re stuck in traffic.”

Deal: Augusta company creates 100 jobs

FPL Food expands Richmond County food processing operation, opens new facility

Gov. Nathan Deal announced today that Augusta-based FPL Food, LLC, will expand its beef processing operation in Richmond County by opening a new processing facility, creating up to 100 new jobs. The company will also invest $3 million in this expansion.

“Georgia has historically been a strategic home for food processors, and this industry continues to provide a great foundation for our state’s economy by employing more workers in our state than any other sector of manufacturing,” Deal said. “We work diligently to be sure food processors such as FPL Food can expand in Georgia and remain competitive in markets around the world.”

FPL Food is the largest privately held beef processor in the Southeast. The company serves a range of customers including food service, retail, military and export operations, with capabilities ranging from traditional beef cuts to value-added retail products such as ground beef, cube steak, and marinated and sliced beef products. With the opening of its third facility, FPL Food can meet the growing needs of its current customer base and create opportunities to reach new customers.

“Augusta and the State of Georgia have been great supporters of our growth, and too, offer a dedicated workforce allowing us to meet the needs of our customers and continually provide the highest standards in food safety and product quality,” said Steve Hixon, FPL Food director of marketing. “We also consider Augusta a strategic location allowing us to efficiently reach our core customer base in the Southeast and coastal ports for exporting product worldwide.”

FPL Food has called Augusta and Richmond County home since 2004 and operates its corporate headquarters out of the former Shapiro Packing facility. The company now operates out of three facilities, including its Augusta corporate headquarters, a value-added facility in Columbia, and its new value-added facility in Augusta.

“FPL Food has been a major part of the Augusta economy for years. It is a testament to the company and to Augusta that both are growing and prospering together,” said Henry Ingram, chairman of the Augusta Economic Development Authority. “This new facility will allow FPL Food to add more employees and strengthen the local economy even more.”

In addition to the Development Authority of Richmond County, the Georgia Department of Economic Development also collaborated with the Georgia Department of Agriculture to manage this expansion opportunity for FPL Food. The company’s third facility is located in the Augusta Farmers Market, which is managed by the Department of Agriculture.

“We are happy that FPL Food is expanding its presence at the Augusta Farmers Market. This private-public collaboration benefits FPL and the taxpayers of Georgia,” said Georgia Agriculture Commissioner Gary Black. “The expansion of FPL also strengthens the Augusta Farmers Market’s position as an agricultural hub for large businesses, in addition to small businesses, vendors, farmers and consumers.”

FPL Food is a contributing member of Georgia’s vast community of food manufacturers and processors that employ nearly 70,000 Georgians. In addition to the state’s welcoming business environment, manufacturers in the food processing sector can also leverage Georgia’s highly skilled workforce backed by the Technical College System of Georgia and Quick Start, which ranks as the nation’s best workforce training program.

“FPL Food’s expansion is a great example of how Georgia’s progressive business environment and other competitive resources create significant growth opportunities for existing industry in our state,” said Chris Cummiskey, commissioner of the Georgia Department of Economic Development. “I am encouraged by the growth FPL is experiencing, and look forward to the additional opportunities we can work together to create in Georgia.”

Adela Kelley, GDEcD senior project manager, led this project for the state.

About FPL Food, LLC
As one of Augusta’s major employers, FPL Food is home to nearly 800 employees residing in Augusta, and the surrounding areas. Along with benefiting the local economy of Augusta, FPL’s presence in the Southeast supports local and regional cattle farmers as well as additional agricultural resources by providing them and their staff with consistent economic growth. On average, FPL Food procures $175 million worth of cattle per year from local farmers. Additionally, FPL Food contributes to the surrounding community and industry organizations through charitable contributions while continually maintaining high standards associated with food quality and safety systems and environmental welfare. FPL Food sponsors $5,000 to agricultural majors in scholarships. Combining both economic impact and sustainable practices, FPL Food continues to be an instrumental organization in the state of Georgia and the Southeast region.

Fayette: Want to Meet Lots of People in a Short Time? Try Speed Networking

If you have a business, finding potential customers may be your most difficult chore – especially if you are shy in front of crowds, or have very little opportunity to meet others.

The Fayette Chamber of Commerce has a solution. At 7:30 a.m. on the fourth Tuesday of each month, the chamber hosts a speed networking group.

Experienced facilitators keep the sessions flowing smoothly and help even inexperienced networkers feel at ease. You’ll sit across the table from someone, tell them a little about your business and then listen as they reciprocate. After a minute of back and forth, you move on to the next person and repeat the process.

Networking exercises are often part of the morning event. One exercise involves each attendee using the chamber member directory to find businesses they would like to contact. Often, introductions can be made through someone in the room who has a connection to the business.

So take a couple hours before you start your day and join the chamber’s monthly speed networking session. It’s the fastest, most efficient way to make business connections. Who knows? You may meet the one person who can help you boost your bottom line.

Not sure you can make it every month? Come once and try it. If you like the experience, come when you can. Have a cup of coffee. Meet lots of people. You may even find the person whose product or service you’ve been seeking for a long time. It’s a great way to expand your network.

Speed networking begins at 7:30 a.m. the fourth Tuesday of each month at the Fayette Chamber, 200 Courthouse Square in Fayetteville. Call 770-461-9983 for more information. Or, visit www.fayettechamber.org and click on Chamber Calendar for speed networking and other chamber events. Remember, networking is meeting and greeting with a purpose. Speed networking maximizes your efforts in the quickest, most efficient way, and it’s open to non-chamber members. Join us at the Chamber next month.

About the Chamber: The Fayette Chamber is a strong, vibrant network of businesses and organizations working together to promote economic prosperity and strengthen our community. Through the chamber, important connections are made that provide the framework for our community to grow and prosper. With the goal of maintaining and enhancing our excellent quality of life, the chamber provides strong leadership, networking, education and programs that encourage partnerships between businesses and the community.

Westmoreland to Host Small Business Workshop August 8, 2011

Columbus Public Library 10:00am – 12:30pm

Congressman Lynn Westmoreland will be hosting a small business workshop entitled “Back to Business.” This will be an opportunity for business owners in Georgia’s Third Congressional District to get information on programs that various federal agencies offer. The “Back to Business” workshop will be held at the Columbus Public Library, located at 3000 Macon Road in Columbus. The event will be held on Monday, August 8, 2011 and will run from 10:00am until 12:30pm.

“Small businesses are the bread and butter of our economy and make up 70% of all jobs in this country,” stated Westmoreland. “While unemployment continues to hover at almost 10 percent in Georgia, we need to focus on helping small businesses expand and create more jobs. I am dedicated to pulling our economy out of this slump and getting Georgians back to work. I would like to invite anyone who owns a business or who is considering starting a business to join me at my Back to Business workshop.”

Representatives from the Small Business Administration, The University of Georgia Small Business Development Center, U.S. Department of Agriculture Loan and Grant Programs, the Georgia Tech Procurement Technical Assistance Center, the Service Core of Retired Executives, and the Georgia Tech Enterprise Innovation Institute will all be in attendance at the workshop. Following opening remarks, there will be a question and answer session with them and with other business leaders, including representatives from local banks, the Georgia Department of Economic Development, the Department of Community Affairs, River Valley Regional Commission, and Columbus Technical College’s Economic Development Division, plus more. For questions about the event, please contact Robb Nichols in the Newnan office at (770)-683-2033.

Windstream Expands Business Service Into Columbus, Ga.

Full Suite of Advanced Voice and Data Communication Solutions Now Available

(GLOBE NEWSWIRE) -- Windstream Corp.(Nasdaq:WIN) announces the expansion of its next-generation voice and data services into Columbus, Ga., giving local businesses a new choice for advanced communication services.

Columbus business customers may now benefit from a robust portfolio of voice and data solutions, including dedicated high-speed Ethernet Internet, VoIP converged communications systems, MPLS networking, managed services, and data centers, all designed to help businesses increase productivity and run more efficiently.

Windstream's cost-effective solutions also include business bundles that can help improve a customer's bottom line, saving business customers on Internet and phone service.

"Windstream understands the growing demand for our voice and data solutions and has expanded our product availability into Columbus," said Don Perkins, vice president of business marketing. "Our customized solutions can help businesses improve productivity and connect with their customers."

Windstream already serves business customers in markets across Georgia including Atlanta, Buena Vista, Manchester, Perry, Milledgeville, Dawson, Moultrie and Thomasville.

Windstream is the exclusive sponsor of the Columbus Chamber of Commerce Eye Opener Breakfast on Thursday, July 28 at the Columbus Convention and Trade Center. Businesses who attend the event will receive giveaways and can register to win an iPad, courtesy of Windstream.

For more information about Windstream's converged communication solutions, or any of Windstream's next-generation data services, visit www.windstreambusiness.com.

For the latest news, events and information on advanced communication services, follow @WindstreamBiz on Twitter or Windstream Business on Facebook and WindstreamBiz on YouTube. Visit the Windstream Business Blog for telecom industry trends and tips on improving your business communications.

Facebook and LinkedIn Expert and Author Helps Businesses Leverage Web 2.0 in New Webinar Q&A Series

PRNewswire/ -- Social Media Marketing University (SMMU) invites business owners and business professionals to participate in a free webinar with Facebook and LinkedIn expert Jason Alba. Taking place on July 21 at 11 a.m. E.D.T., the webinar will give attendees a platform to learn insider secrets to success and ask questions on how to use Facebook and LinkedIn to achieve their marketing goals. To register, visit http://www.smmu.com/series.

Jason Alba is the author of "I'm on LinkedIn - Now What???" and "I'm on Facebook - Now What???" As the CEO of JibberJabber.com, a sought-after speaker, and a Social Media Marketing University instructor, he helps business owners and business professionals leverage Web 2.0 to enhance their personal brands, launch and re-launch careers and increase their online visibility and overall marketing reach.

During the webinar on July 21, Jason Alba will provide leading-edge advice on how to get the most out of LinkedIn and Facebook profiles. He will also share insights on how to fix broken brands, how to create high-profile online visibility campaigns and the components of a compelling online presence.

"Jason Alba is one of the country's foremost experts on LinkedIn and Facebook," said John Souza, chief strategist and founder of Social Media Marketing University (http://www.smmu.com). "This is a must-attend session for businesses who are new to social media, and for those who have LinkedIn and Facebook profiles, but need guidance and expertise to help them take their social media presence to the next level."

Social Media Marketing University is the training arm of Social Media Magic, recognized as one of the top five social media services for businesses by the Mashable Awards. The Q&A webinar with Jason Alba is the fourth session in the training firm's newly launched "No Holds Barred: Ask the Expert" series.

The series was launched in conjunction with the unveiling of the firm's newly expanded curriculum, which now includes 11 courses on social media and online marketing. Course topics include blogging (http://socialmediamarketinguniversity.com/blogging/), Facebook marketing (http://socialmediamarketinguniversity.com/facebook/), mobile marketing (http://socialmediamarketinguniversity.com/mobile-marketing/) and video marketing with YouTube (http://socialmediamarketinguniversity.com/video-marketing/).

In addition to offering social media courses, free weekly webinars and opportunities for certification, Social Media Magic also provides "done for you" services for companies and organizations of all sizes, including small businesses, colleges and universities and global enterprises.

To sign up for the webinar Q&A with Facebook and LinkedIn expert Jason Alba on July 21 at 11 a.m. E.D.T., visit http://www.smmu.com/series. Registration for the webinar is free. Space is limited.

Lancope and Cisco to Host Webinar on Leveraging NetFlow to Combat Advanced Persistent Threats

Flow-based behavioral analysis significantly improves network visibility, security and resiliency for government agencies and enterprises

PRNewswire/ -- Lancope, Inc., a leader in flow-based security, network and application performance monitoring, will host a complimentary webinar with Cisco Systems on Tuesday, July 26 at 2:00 p.m. ET / 11:00 a.m. PT. Also hosted by the Digital Government Institute, the webinar will discuss how government agencies and enterprises can leverage NetFlow to gain increased network visibility for combating advanced persistent threats (APT).

By collecting and analyzing flow data from existing network devices, organizations can cost-effectively obtain the end-to-end insight needed to vastly improve network security, resiliency and compliance efforts. To register for the free webinar, please go to: http://www.lancope.com/news-events/webinars/combat-cyber-threats/.

"Today's threat environment is constantly evolving and maturing in levels of sophistication and capabilities," said Adam Powers, CTO at Lancope. "Perimeter security is no longer enough to protect prominent government and corporate entities from damaging cyber attacks. Instead, organizations must begin to leverage the flow data inherent in their network infrastructure to create an always-on sensor grid for proactively detecting and thwarting attacks that bypass external defenses."

Lancope's StealthWatch®System collects and analyzes flow data to provide the in-depth, actionable intelligence required to troubleshoot a wide range of network and security issues across both physical and virtual networks. The system fills in the gaps left by other network and security solutions to dramatically reduce the time from problem onset to resolution.

Not relying on signature updates, StealthWatch detects both zero-day attacks that bypass perimeter defenses, as well as insider threats including device misconfigurations, network misuse, unauthorized access and data leakage. Through new security functionality, StealthWatch will now also combine internal network insight with intelligence from the perimeter for even greater contextual awareness.

"Due to the extremely sensitive information they harbor, government networks are highly prone to cyber security attacks," said Chris Coleman, technical leader of Cyber Security Solutions for Cisco Systems. "The recent rash of high-profile attacks on government entities and corporations makes it clear that organizations require new levels of protection to survive in today's threat landscape. Together, Cisco and Lancope provide the in-depth situational awareness needed to significantly bolster the network defenses of frequently targeted environments."

Join Lancope, Cisco and the Digital Government Institute for this free webinar and learn how to increase your network resiliency using flow data from existing infrastructure:

WHO:
Adam Powers, CTO, Lancope
Chris Coleman, Technical Leader, Cyber Security Solutions, Cisco Systems

WHAT:
"Stealth Tactics for Continuous Visibility: Establishing Trust, Visibility and Resilience to Combat Cyber Threats"

WHEN:
Tuesday, July 26– 2:00 p.m. ET / 11:00 a.m. PT

REGISTER:
http://www.lancope.com/news-events/webinars/combat-cyber-threats/

Attendees will learn how to:
Create a distributed sensor grid for continuous network visibility
Unify visibility inside and across the distributed network
Use flow-based network behavioral analysis to detect Advanced Persistent Threats (APT)
Demonstrate compliance (NIST 800, CNCI, TIC)

Vega Biofuels Secures Engineering Firm Hunt, Guillot & Associates, LLC for Georgia Bio-Coal Plant

/PRNewswire/ -- VEGA BIOFUELS, INC. (Pink Sheets: VGPR) announced today that the Company has entered into an Agreement with Louisiana based engineering services firm, Hunt, Guillot &Associates, LLC (HGA).

HGA will provide various services and personnel to the Company, including plant design, project management, and engineering services.

Vega recently announced plans to build a manufacturing plant in Cordele, GA that when completed will produce green energy bio-coal for use in existing coal fired power plants around the world.

HGA's engineers have extensive industrial experience in a variety of fields including chemical process engineering, mechanical engineering, piping design electrical engineering, instrumentation, control system integration, civil engineering, and structural design. In addition to engineering services, HGA will also provide on-site professional staffing services to the Company.

"We look forward to working with HGA and their staff of engineering professionals. This is a very important step in the implementation of our Business Plan in South Georgia," stated Michael K. Molen, Chairman/CEO of Vega Biofuels, Inc. "The expertise they bring to the project will be invaluable. In addition, HGA will provide us with various candidates for a permanent manager for the Cordele bio-coal plant."

Bio-coal is made from a process called "torrefaction". Torrefaction is a partial carbonization process that takes place at temperatures between 475 - 575 degrees in a low temperature environment which makes the physical and energetic properties of the biomass much more comparable to traditional coal. The biomass is then compressed into briquettes to be sold to the end user. Torrefaction has the added benefit of reducing or eliminating undesirable volatiles, such as nitrous oxides and sulfur dioxides and is considered carbon neutral to the environment.

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American Textile Company Opens Manufacturing Facility in Tifton, Ga.

/PRNewswire/ -- Today, American Textile Company (ATC) officially marks the opening of its new Tifton, Ga. manufacturing facility with a grand opening celebration. As a major manufacturer of basic bedding, ATC chose Tifton as a manufacturing location to strategically service the Company's customers in the Southeast. The 218,000 sq. ft. state-of-the-art facility will manufacture bed pillows, one of the key product categories for future product expansion by the Company. The opening of the Tifton facility finalizes ATC's nationwide pillow manufacturing strategy.

The facility will employ 65 people initially. "In a remarkably short time, the Company has completed facility renovations and brought manufacturing capabilities online. The efforts of these dedicated employees have enabled us to begin manufacturing pillows immediately," commented Mark Bachner, Senior Vice President of Operations for ATC.

"Today's grand opening symbolizes American Textile Company's commitment to providing quality service to our customers throughout the U.S. and Canada," said Lance Ruttenberg, President and Chief Operating Officer. "By manufacturing and shipping pillows from strategically planned locations throughout the country, we have reduced transportation costs for many of our customers and reduced delivery times."

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Wingstop to Add 20 Restaurants in Atlanta Area

/PRNewswire/ -- Just months after being acquired by Atlanta-based Roark Capital Group, Wingstop has announced plans to aggressively expand its presence in the Atlanta area. The fast-growing national chicken wing chain plans to add 20 additional locations in Atlanta over the next several years.

The growth will be accomplished through franchising, and to help local entrepreneurs get into business, the company is offering introductory incentives for new franchisees that join the Wingstop system.

The expansion effort begins with an Atlanta open house April 20-21 where franchise candidates will have an opportunity to learn about Wingstop's plans and meet one-on-one with company executives.

Wingstop has 480 locations throughout the U.S. and Mexico. Based on the success of those stores, the award-winning chain believes Atlanta is an ideal market for growth.

"Our restaurants have a very loyal fan following with a lot of potential for expansion," said David Vernon, vice president of franchise sales for Wingstop. "That, coupled with the simple operating platform of cooked-to-order wings and fresh-cut fries makes Wingstop an ideal concept for entrepreneurs and multi-unit operators in Atlanta."

The Texas-based company was founded in 1994 with a sole focus on cooked-to-order chicken wings sauced in nine proprietary flavors and began franchising in 1997. Today 95 percent of Wingstop's restaurants are franchise owned and operated, and the company has experienced more than seven consecutive years of same store sales increases.


Event registration:


To schedule a one-on-one meeting in Atlanta to learn more about development opportunities, please contact Steve Sweetman at ssweetman@wingstop.com , 919-870-7860 or visit www.wingstopfranchise.com .


Qualifications:


A minimum net worth of $400,000 and liquid capital of $200,000 is required. 

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SBA Disaster Loans Available in Georgia Following Secretary of Agriculture Disaster Declaration

(BUSINESS WIRE)--The U.S. Small Business Administration announces today that federal economic injury disaster loans are available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes located in Camden, Charlton, Clinch, Echols and Ware counties in southeastern Georgia as a result of drought that began on January 1, 2011.

“When the Secretary of Agriculture issues a disaster declaration to help farmers recover from damages and losses to crops, the Small Business Administration issues a declaration to assist eligible entities affected by the same disaster”

“These counties are eligible because they are contiguous to one or more primary counties in Florida. The Small Business Administration recognizes that disasters do not usually stop at county or state lines. For that reason, counties adjacent to primary counties named in the declaration are included,” said Frank Skaggs, director of SBA’s Field Operations Center East in Atlanta.

“When the Secretary of Agriculture issues a disaster declaration to help farmers recover from damages and losses to crops, the Small Business Administration issues a declaration to assist eligible entities affected by the same disaster,” said Skaggs.

Under this declaration, the SBA’s Economic Injury Disaster Loan (EIDL) program is available to eligible farm-related and nonfarm-related entities that suffered financial losses as a direct result of the disaster. With the exception of aquacultural enterprises, agricultural producers, farmers and ranchers are not eligible to apply to SBA, but nurseries are eligible to apply for EIDLs for losses caused by drought conditions.

Loan amounts can be up to $2 million, with interest rates of 3 percent for non-profit organizations and 4 percent for small businesses. Terms can be up to 30 years. The SBA determines eligibility based on the size of the applicant, type of activity and its financial resources. The agency sets loan amounts and terms based on each applicant’s financial condition. These working capital loans may be used to pay fixed debts, payroll, accounts payable, and other bills that could have been paid had the disaster not occurred. The loans are not intended to replace lost sales or profits.

To obtain information on the SBA’s Disaster Loan Program, application forms or to apply online visit www.sba.gov, call the SBA’s Customer Service Center at 800-659-2955 (800-877-8339 for people with speech and hearing disabilities) Monday through Friday from 8 a.m. to 6 p.m. ET or send an e-mail to disastercustomerservice@sba.gov.

Completed loan applications must be returned to SBA no later than December 5, 2011.

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Postmaster General Continues Efficiency Improvements

/PRNewswire -- Postmaster General Patrick R. Donahoe today announced a newly redesigned Postal Service, one that is better positioned for growth, reflects further alignment within the organization to achieve core business strategies and, when fully implemented, will help realize approximately $750 million of annual cost savings.

"I am confident that we have developed a strong plan that takes a key step toward a leaner and less bureaucratic structure. One that is fair to our employees and one that will meet the future needs of our customers and the mailing industry," Donahoe said.

About 7,500 positions will be eliminated across the organization through the redesign that also includes the closing of seven district offices and offers limited financial incentives to those who meet specific qualifications.

The seven district offices that are closing are Columbus, Southeast Michigan, Northern Illinois, South East New England, South Georgia, Big Sky and Albuquerque. District offices house only administrative functions and do not affect customer service, mail delivery, Post Office operations or ZIP codes. The functions of these seven districts will be assumed by district offices within close proximity.

A Voluntary Early Retirement and financial incentive programs will be offered to eligible employees. Employees must be 50 years old, with at least 20 years of service; or any age with at least 25 years of service to qualify for the incentive. Employees who accept the VER offer or already meet existing retirement qualifications will receive $20,000 paid over two fiscal years to separate from the Postal Service.

"It's critical that we adjust our workforce to match America's changing communications trends as mail volumes continue to decline," Donahoe said. "At every step and with every change, our focus remains on our customers and continuing to provide outstanding customer service."

Today's announcement focused on the administrative and executive corps. Additional staff reductions will occur as the Postal Service makes necessary changes to its network and retail operations. The full scope and financial impact of these personnel actions should be realized in one calendar year – March 2012.

While cost savings will be realized, the main objective of the restructuring is to enhance and strengthen customer service and relationships. The realignment flattens the organization, enabling flexibility to more quickly adapt to changing market forces and continuing mail volume decline.

The Postal Service is streamlining operations and improving efficiencies across the organization in order to protect its ability to provide affordable, universal mail service. By modifying networks, consolidating functions and restructuring administrative and processing operations, the Postal Service is adapting to meet the evolving needs, demands and activities of its customers.

"Mail remains valuable. It is at the heart of a $900 billion industry that continues to drive commerce and the American economy," Donahoe said. "We will continue to work with Congress and our employees to achieve the long-term, structural and legislative changes we know we need to remain a viable organization."

A self-supporting government enterprise, the U.S. Postal Service is the only delivery service that reaches every address in the nation, 150 million residences, businesses and Post Office Boxes. The Postal Service receives no tax dollars for operating expenses, and relies on the sale of postage, products and services to fund its operations. With 32,000 retail locations and the most frequently visited website in the federal government, usps.com, the Postal Service has annual revenue of more than $67 billion and delivers nearly 40 percent of the world's mail. If it were a private sector company, the U.S. Postal Service would rank 29th in the 2010 Fortune 500. Black Enterprise and Hispanic Business magazines ranked the Postal Service as a leader in workforce diversity. The Postal Service has been named the Most Trusted Government Agency six consecutive years and the sixth Most Trusted Business in the nation by the Ponemon Institute.

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Walmart Realignment Puts Atlanta in the Spotlight

/PRNewswire/ -- Walmart announced today that the new eastern business unit will be headquartered in Atlanta, Ga. Walmart's eastern business unit is comprised of nearly 1,600 stores in 20 states spanning from Florida to Maine with approximately 560,000 associates. The eastern business unit will be led by Atlanta veteran Rosalind Brewer, president of Walmart East and executive vice president of Walmart U.S.

"With the busiest airport in the world and a central location, Georgia is the ideal destination for our eastern business unit," said Rosalind Brewer, president of Walmart East and executive vice president of Walmart U.S. "Atlanta has a strong history of corporate and divisional headquarters and we're delighted to join this group and spotlight the city within our global organization."

In her new role, Brewer is responsible for establishing the strategic direction for the eastern business unit, including growth opportunities in store innovation, people development, supply chain and real estate. Rosalind joined Walmart in 2006 as regional vice president, responsible for operations in Georgia, and was quickly promoted to president of the southeast operating division. She later led the south business unit of Walmart U.S. as executive vice president and president before being appointed to her current role. Prior to joining Walmart, she worked for Kimberly-Clark Corp. and Molson Coors Brewing Company. She serves on the board of trustees for Spelman College and the Westminster Schools in Atlanta. And, in 2010, she was named one of FORTUNE magazine's "50 Most Powerful Women."

Walmart's eastern business unit headquartered in Atlanta will manage stores in the following states:

* Florida
* Georgia
* Alabama
* South Carolina
* North Carolina
* Virginia
* West Virginia
* Ohio
* Michigan
* Maryland
* Delaware
* New Jersey
* Pennsylvania
* New York
* Vermont
* New Hampshire
* Massachusetts
* Connecticut
* Rhode Island
* Maine

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TOTO Launches Wholly Owned Subsidiary in Brazil

/PRNewswire/ -- TOTO, the largest plumbing manufacturer in the world with $5.1 billion dollars in annual sales, today announced the launch of its newest subsidiary, TOTO do Brasil Distribucao e Comercio Ltda, which will be overseen by its operations in the Americas, TOTO USA, Inc. TOTO's expansion into the Brazilian market is a part of the company's "Vision Plan 2017." TOTO, which celebrates its 100th anniversary in six years, has set the growth of its international operations as a primary focus for its goal to reach $7.3 billion in annual sales by its centenary. With the launch of TOTO Brazil, the company plants its flag in the South America and will increase its market share aggressively as it has done successfully in North America by creating a fast-growing demand for its products.

"Brazil is one of the world's most exciting markets today, with a population approaching 200 million people," said David Krakoff, Senior Vice-President, Sales Division, TOTO USA. Krakoff, who has been tapped to serve as President of TOTO Brazil, continued, "We recognize the tremendous growth potential and opportunity that Brazil presents, and we are pleased to bring its consumers the very best luxury plumbing products available. As TOTO has done in every market that we have entered, we will quickly establish ourselves as the leader in the premium plumbing products sector with a prestigious line that combines high design, technological innovation, unparalleled performance, and sustainability to transform the bathroom from a simple, utilitarian room to a vibrant, comfortable, luxurious area of the home or commercial installation."

The TOTO Global Group, which began in 1917 with the founding of TOTO, Ltd., in Kitakyushu, Japan, has produced more than 60 million plumbing fixtures to date. Today, this international company maintains 23,500 employees in 69 offices around the world and owns manufacturing facilities in Japan, Mexico, the United States, China, and Europe, with an affiliated network of more than 80 production facilities worldwide. With over 1,500 engineers on staff and three centers devoted solely to research and development, TOTO is the acknowledged global leader in product innovation, high design, and precision engineering.

Headquartered in Sao Paulo, TOTO's newest business venture is just the first step in a significant investment in the Brazilian economy, a strategy that TOTO employs throughout the world. "Investing in the local economy sets TOTO apart from other manufacturers that simply import their products," said Krakoff. "In North America, for example, TOTO is owner/operator of three major manufacturing plants and two large assembly and logistics/warehousing facilities, providing employment for more than 1,100 people." To gain market share rapidly throughout Brazil, TOTO will introduce its products to consumers by presenting them in the leading bath boutiques and showrooms, such as Sao Paulo's Armazem Design Banho e Cozinha, QuartzoBras, Vallve, and Metalbagno. TOTO will also work closely with architects, designers, contractors, developers and others who wish to distinguish their projects by offering the very best in technology, luxury, performance, and sustainability. The company's premiere in the local market will be its major presence at Brazil's leading kitchen and bath industry trade show, the Kitchen & Bath Expo, held in Sao Paulo from March 22-25, 2011.

Brazilians will be delighted to find that TOTO is introducing a line of products that will meet the aesthetic preferences specified by its design leaders and consumers. These products will utilize TOTO's cutting-edge technology and world-class precision engineering. Connecting people with water in ways that enrich the flow of their daily lives through elegant products that save water and energy with every use without sacrificing an ounce of performance is the company's stated mission. As a result, Brazilian consumers will experience the highest levels of luxury and performance in a full line of products, which includes toilets, sinks, residential faucets, showers, accessories, as well as TOTO's signature lines—Washlet and NEOREST.

Owners of Brazil's commercial establishments may look to their global peers who have selected TOTO products for their prestigious installations. On every continent in which the company does business, TOTO's technology-rich products are found in high-end hotels, luxury condominiums and apartment buildings; international and domestic airports; famous arenas, stadiums, and convention centers; hospitals, nursing homes, and trauma and rehabilitation centers; premier office buildings and world-famous museums; prestigious schools and universities; and chic restaurants and retail centers.

"We trust that TOTO will add a new dimension to the luxury plumbing sector and significantly influence bath design in the local market," concluded Krakoff. "We are confident that we have the global market experience and expertise to make this new subsidiary very profitable for TOTO and its Brazilian partners."

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Aflac Japan Corporate Offices Fully Operational, Employees Sustained No Injuries, Expected Impact on Japan Sales Minimal; Aflac Incorporated Affirms 2011 Operating EPS Target

/PRNewswire/ -- Aflac Incorporated today announced that its operations in Japan are up and running and ready to assist policyholders following the recent earthquake in the Tohoku area, which includes the cities of Sendai and Minami Sanriku. Aflac Japan's main offices, including the corporate offices in Tokyo and operational centers in both Tokyo and Osaka, are undamaged and fully functional.

Aflac Japan's employees are safe, and the company continues to reach out to their independent sales force to assess their needs. The Aflac leadership teams from both the U.S. and Japan remain in close contact.

While the hardest-hit areas were Iwate, Miyagi and Fukushima prefectures, less than 5% of Aflac Japan's new sales and in-force premiums are derived from these prefectures. Only two of Aflac Japan's 82 sales offices have been negatively impacted; these two offices, located in a single building in Sendai, have minimal damage, but will be closed temporarily due to power outages.

About this natural disaster, Aflac Japan President and Chief Operating Officer Tohru Tonoike commented: "First and foremost, our thoughts go out to all those affected here in Japan. We are very grateful none of our employees were injured. We are working with our sales force to ensure that we provide them with assistance and help them take care of our customers. We remain ready to respond to the needs of our policyholders by paying claims swiftly, and will prioritize our response to those in the affected areas. We successfully executed our disaster preparedness plan and as a result, our operations stand ready to serve our policyholders and claimants."

Aflac Incorporated Chairman and CEO Daniel P. Amos added: "In addition to sending our thoughts and prayers to each and every Japanese citizen, we want all of our Aflac Japan employees, sales agents and policyholders to know that your Aflac family here in the U.S. sends our support in every way possible. On Friday, we made an initial donation of 100 million yen to the International Red Cross to help with the start of the relief effort. Additionally, funds have been established by both our U.S. and Japanese employees and sales forces for our friends in Japan, including fellow employees and sales associates that have been most impacted by the disaster. Most importantly, we want our policyholders to know that we are here to deliver on our promise – we will be there when they need us most. Having operated in Japan for almost four decades, we know Japanese citizens are incredibly resilient and we want to help in any way possible as they work through this difficult time.

"As we look to the remainder of 2011, we expect Aflac Japan sales will only be minimally impacted by these events. Our earnings guidance for the year remains unchanged: we will likely be at the low end of the 8% to 12% range for operating earnings per diluted share growth in 2011, excluding the impact of currency."

FORWARD-LOOKING INFORMATION


The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" to encourage companies to provide prospective information, so long as those informational statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those included in the forward-looking statements. We desire to take advantage of these provisions. This document contains cautionary statements identifying important factors that could cause actual results to differ materially from those projected herein, and in any other statements made by Company officials in communications with the financial community and contained in documents filed with the Securities and Exchange Commission (SEC).


Forward-looking statements are not based on historical information and relate to future operations, strategies, financial results or other developments. Furthermore, forward-looking information is subject to numerous assumptions, risks and uncertainties. In particular, statements containing words such as "expect," "anticipate," "believe," "goal," "objective," "may," "should," "estimate," "intends," "projects," "will," "assumes," "potential," "target" or similar words as well as specific projections of future results, generally qualify as forward-looking. Aflac undertakes no obligation to update such forward-looking statements. We caution readers that the following factors, in addition to other factors mentioned from time to time, could cause actual results to differ materially from those contemplated by the forward-looking statements: difficult conditions in global capital markets and the economy; governmental actions for the purpose of stabilizing the financial markets; defaults and downgrades in certain securities in our investment portfolio; impairment of financial institutions; credit and other risks associated with Aflac's investment in perpetual securities; differing judgments applied to investment valuations; subjective determinations of amount of impairments taken on our investments; limited availability of acceptable yen-denominated investments; concentration of our investments in any particular sector; concentration of business in Japan; ongoing changes in our industry; exposure to significant financial and capital markets risk; fluctuations in foreign currency exchange rates; significant changes in investment yield rates; deviations in actual experience from pricing and reserving assumptions; subsidiaries' ability to pay dividends to Aflac Incorporated (the Parent Company); changes in law or regulation by governmental authorities; ability to attract and retain qualified sales associates and employees; decreases in our financial strength or debt ratings; ability to continue to develop and implement improvements in information technology systems; changes in U.S. and/or Japanese accounting standards; failure to comply with restrictions on patient privacy and information security; level and outcome of litigation; ability to effectively manage key executive succession; catastrophic events; and failure of internal controls or corporate governance policies and procedures. 

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The Franchise Event Southeast Expo in Atlanta is this weekend March 12th & 13th 2011

/PRNewswire/ -- The Franchise Event Southeast Expo is designed to connect you with top franchise, licensing and business opportunities from all over the United States in one location in Atlanta.

Host: http://www.thefranchiseevent.com

When: Saturday March 12th 2011 Noon – 6:00 PM & Sunday March 13th 2011 Noon – 5:00 PM

Where: North Atlanta Trade Center - 1700 Jeurgens Court Norcross, GA 30093

Cost: $10 at the door – If you order online now at: http://www.thefranchiseevent.com/Southeast-Expo.html and use Promo Code: "CHA" you will get half price tickets plus we will donate half to Children's Healthcare of Atlanta .

Meet face to face and speak directly to industry professionals to learn about their exciting offerings and see if it is a fit for you and your goals as an entrepreneur such as:

All at Home, Avion Energy, Barton's Laundry, Beef Jerky Outlet, Beef O' Brady's Brewster's Chicken, Buff & Coat Hardwood Floor Renewal, Carla's Sandwiches & Burgers, CMT Mentors, Cresco Montessori Schools, DePalma's Italian Cafe, Dickey's BBQ, EMT USA (Non Emergency Medical Transport), Fantastic Sam's, Franchise Gator, Frannet of Atlanta, Gentle Rain Marketing, Great American Cookie Co, Griffin Waste Management, Home Video Studio, Ikor (Senior & Disabled Patient Advocacy), Italian Joe's, Jantize America, Lenny's Subs, Maggie Moo's, Marble Slab, Novus Glass, Papa-N-Son's, Pretzel Maker, Quickie Coupons, Scoop Wizards, Shoebox NY, Send Out Cards, Southern Automatic, Sportclips, The Athletes Foot, Tranquility Coffee &Tea House, WIN Home Inspection, World Market Express Convenience Stores, Wow Cafe & Wingery and more…

You can also attend one or all of our four great seminars included this Saturday & Sunday:

* How to Avoid Franchise Failure
* The 7 Stages of Small Business Success "From Startup to Seven Figures in Three years or Less"
* How to Market your Franchise
* Creative Funding - With and Without Loan Payments


So if you ever wanted to be your own boss, you are already a seasoned franchise owner or anywhere in-between... plan now to spend March 12th and 13th 2011 with us at The Franchise Event Southeast Expo.

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Lockheed Martin Urges IAM Employees to Vote in Favor of New Contract

/PRNewswire/ -- Lockheed Martin (NYSE: LMT) has urged employees represented by the International Association of Machinists and Aerospace Workers (IAM) to vote in favor of a new three-year contract Sunday.

Company and union negotiators failed to reach tentative agreements in three separate sets of contract negotiations that concluded March 3 in Point Clear, Ala. The proposed agreements would cover the nearly 6,000 IAM represented employees at Marietta, Ga.; Palmdale and Sunnyvale, Calif.; and several field locations.

"We are disappointed that the union bargaining committees rejected what we feel is an industry leading offer that would provide substantial wage and benefit improvements over the life of the contract and maintain Lockheed Martin's ability to deliver affordable solutions to our customers in an increasingly challenging budget environment," said Greg Karol, corporate vice president of labor relations. "This is a fair and equitable offer and we strongly encourage the union membership to review the proposed agreement and vote in favor of ratifying the new contract."

The Company's Best and Final Offer includes a competitive wage package that provides guaranteed pay increases over the next three years through a combination of three general wage increases totaling 8.5 percent over three years, a $2,500 ratification bonus and continuation of the annual cost of living adjustment (COLA) formula and supplements.

Current employees to retain industry-leading pension with substantial increase:

Current represented employees, hired before March 6, 2011, will maintain their defined benefit pension plan with an increase of $11 to $88 per-month, per-year of service, representing a 14% increase in their pension. Current employees will also continue to accrue service under this plan as they have under prior agreements.

Employees hired on or after March 7, 2011, receive new retirement plan:

New hires and rehires as of March 7, 2011 will be able to save for retirement with a new plan: the Hourly Capital Accumulation Plan (HCAP) with a guaranteed quarterly company contribution of $350 for their retirement. Employees eligible for HCAP are immediately vested in the plan, which has multiple investment options and is portable if employees leave the Company.

Lockheed Martin must remain competitive in increasingly challenging marketplace:

The transition to an Hourly Capital Accumulation Plan for new hires is an important step Lockheed Martin is taking to remain competitive in our industry. The vast majority of companies, including many of Lockheed Martin's competitors, do not offer defined benefit pension plans. The Corporation is taking action to position itself for the future with similar changes for newly hired and rehired employees while maintaining and improving the defined benefit pension for current employees.

Represented employees urged to exercise right to vote on new contract:

The proposals now go to the union memberships for consideration and are scheduled for votes on Sunday, March 6, 2011. Employees are urged to carefully review this information to have a full understanding of the facts of this offer before voting on Sunday.

"Lockheed Martin has had a long-standing partnership with the International Association of Machinists and Aerospace Workers," Karol said. "We value all the success we've had together and will continue working to strengthen that relationship while ensuring Lockheed Martin remains competitive. That means more jobs well into the future. We urge all IAM employees covered under these agreements to exercise their rights to vote on Sunday."

Find information about the proposed agreement at www.lockheedmartin.com/negotiations.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 132,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation's 2010 sales from continuing operations were $45.8 billion.

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Shipping Industry Leaders Announce Clean Air Partnerships With Top U.S. Ports

/PRNewswire/ --The Coalition for Responsible Transportation (CRT) announced today that three of the nation's largest ports—the Georgia Ports Authority, the South Carolina State Ports Authority, and the Virginia Port Authority—have joined CRT as Charter Port Members.

This announcement marks the first time that CRT's membership has expanded to include public sector representatives, and will allow CRT to serve as a forum for ports around the country to collaborate with leading cargo owners, trucking companies, ocean carriers and CRT's partner organizations, including Environmental Defense Fund and the Retail Industry Leaders Association, to identify and implement best practices to reduce port-related diesel emissions.

CRT is a national coalition of importers, exporters, trucking companies and ocean carriers who share the belief that by partnering together, ports and their customers can improve the environmental quality of port communities while ensuring that the ports remain an engine for job creation and a thriving economy.

"CRT's mission is to develop public-private partnerships to solve air quality problems, and today's announcement is the next step in CRT's efforts to create a national venue to share best practices, build clean air partnerships between America's ports and their customers and service providers," said CRT President Rick Gabrielson, who is the Director of International Transportation for Target Corporation.

CRT's Charter Port Members share a commitment to environmental sustainability that has been demonstrated by their significant capital investments in air quality improvements across port operations and their development of innovative programs to reduce diesel emissions.

For example, through the Georgia Ports Authority's crane electrification, use of refrigerated container racks, rubber-tired gantry crane repower project and use of fuel additives, the Port of Savannah avoids use of more than 4.5 million gallons of fuel annually, resulting in tremendous emissions savings.

Curtis Foltz, Executive Director of the Georgia Ports Authority, commented, "Our commitment to being a leader in environmental stewardship is a key tenet of our fundamental mission at the GPA. We look forward in working with the CRT to identify collaborative industry solutions to improve overall air quality."

The South Carolina Ports Authority's award-winning environmental program, its "Pledge for Growth," includes voluntary efforts to address land, air, water and community impacts of the port. For example, air projects range from crane electrifications and energy efficiency projects to more than $5 million in public-private, voluntary initiatives that include using cleaner fuels, installing cleaner engines and reducing emissions from four tug boats, 57 port stacking cranes, a dredge and more than 170 trucks.

"The Port of Charleston shares CRT's commitment to practical solutions for improving air quality, while also enhancing the flow of commerce," said Jim Newsome, President & CEO of the South Carolina Ports Authority. "We look forward to continuing our productive relationship with CRT and its member companies, delivering programs that make environmental and economic sense."

Jerry Bridges, Executive Director of the Virginia Port Authority commented, "For more than a decade the Virginia Port Authority has voluntarily engaged in—and developed—diesel emission-reduction programs. The CRT is an industry leader in the development of clear-air programs that engage the critical players within the transportation logistics supply chain. It is that industry-wide influence and leadership that led the VPA to seek a charter membership in the organization."

Among its many environmental initiatives, in 2007 the Virginia Port Authority launched its Green Operator (GO) program, which is one of the first voluntary clean truck programs at a U.S. port. The VPA's dedication to this program, the cooperative efforts of the Federal, State and non-profit GO partners, and the support of Virginia's trucking industry have led to the replacement and/or retrofit of over 200 trucks within the last 18 months. The program continues to gain momentum, as currently 120 additional trucks are awaiting funding for replacement and "GO" is serving as a model for a larger regional program currently under development in the Mid-Atlantic region.

Today's announcement was made at the Retail Industry Leaders Association Logistics Conference in Orlando, Florida, where over 1,000 shipping industry leaders are gathered to discuss topics including ways to promote environmental sustainability in the supply chain.

CRT looks forward to additional ports around the country joining this partnership in coming months.

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FedEx Ground plans Norcross facility

New site will be FedEx Ground’s fourth distribution center in metro Atlanta

Gov. Nathan Deal joined with officials from the Gwinnett Chamber and the city of Norcross today in a groundbreaking ceremony for FedEx Ground, a subsidiary of FedEx Corp., at the future site of its new distribution facility. The company will invest $55 million in the construction of this facility. The company’s initial workforce for the new facility is projected to include 240 full-time and part-time employees and 75 independent contractor opportunities, drawn from the existing Norcross workforce.

“As a global logistics hub, Georgia provides FedEx Ground with a high-performing, interconnected logistics infrastructure that helps the company provide the superior level of service to which its customers have become accustomed,” said Deal. “FedEx Ground will find Gwinnett County is a strategic home for its distribution operation as the company seeks to expand and thrive in Georgia.”

FedEx Ground’s Norcross distribution center will be a 215,000-square-foot facility on Atlantic Avenue near Jimmy Carter Boulevard. The facility is slated to open in the fall of 2012 and will feature the latest automated material-handling technology, designed to process 15,000 packages per hour, with the capacity to dispatch as many as 75 pickup and delivery vans each day.

“Enhancing FedEx Ground’s distribution capability in the Southeast is critical to increasing the size, speed and efficiency of our network,” said Robert E. Holcombe, vice president of the southern region for FedEx Ground. “This new facility is evidence of the Southeast region’s increased presence in the distribution and logistics business and the growing confidence of local shippers that we are their best choice for their ground shipping needs.”

As a key business hub in Georgia, Norcross was selected as the site of the distribution center due in large part to the community’s access to major highways and other logistics benefits, such as its proximity to the FedEx Ground’s customers’ distribution operations and an extensive pipeline of talent for this industry.

“FedEx Ground is a strong representation of companies in Gwinnett that are choosing to remain and expand in the metro Atlanta region,” said Jim Maran, President and CEO of the Gwinnett Chamber. “Bringing jobs and capital to the community is a collective goal for Gwinnett and Atlanta, and we appreciate FedEx Ground and its contribution to our community’s vision and goals for the future.”

Norcross Mayor Bucky Johnson added, “The fact that FedEx Ground chose Norcross for its consolidation and expansion is a reflection of strong partnerships from the city and Chamber to the Gwinnett Village CID and the state of Georgia. Norcross welcomes FedEx and we look forward to a future with them as part of our community.”

Georgia’s logistics and transportation network is one of its most formidable assets, supporting all industry in the state. Georgia’s advanced system of logistics enables companies to quickly and seamlessly reach domestic and international markets through interconnected airports, seaports, rail and roads. Companies in the state can reach 80 percent of the U.S. market within a two-day truck haul or a two-hour flight, and the port of Savannah is the fastest-growing container port in the country. This industry is a strategic focus for the state, and is uniquely backed by the Georgia Center of Innovation (COI) for Logistics, which provides the statewide framework, connections and university resources to address the constant challenges of a complex industry. As an industry-focused component of the Department of Economic Development, the COI for Logistics provides Georgia companies with industry expertise, information tools and assistance in creating new products and services to help fuel logistics competitiveness.

About FedEx Ground
FedEx Ground specializes in cost-effective, small-package ground shipping, offering dependable business-to-business delivery or convenient residential service. With a network of more than 500 distribution hubs and local pickup-and-delivery terminals, FedEx Ground has a workforce of more than 70,000 employees and independent contractors and 20,000 motorized vehicles delivering over 3.6 million packages daily throughout the United States and Canada. The company reported annual revenue of $7.4 billion in fiscal year 2010.

UGA Report: Georgia forests provide $37 billion in ecological benefits to state

 A University of Georgia researcher has found that Georgia’s forestlands provide essential ecosystem services to the state worth an estimated $37 billion annually. This is in addition to the value of timber, forest products and recreation. This is the first time these indirect benefits of Georgia’s private forests have been estimated.

Rebecca Moore, an assistant professor in the Warnell School of Forestry and Natural Resources, studied the 22 million acres of privately-owned forestland in Georgia to estimate the benefits of water filtration, carbon storage, wildlife habitat and aesthetics.

“People value these things,” Moore said, “but because they aren’t like other goods in that people don’t go out and buy them, it’s difficult to estimate just how much we value them. The purpose of our research was to do just that—estimate the value of the ecosystem services provided by private forests in Georgia.”

Moore’s study was conducted with funding from the Georgia Forestry Foundation. The findings of her study were announced at the state capitol on Feb. 9.

“We have had studies for some time that tell us what the economic benefit of wood and fiber manufacturing in the state is,” said Steve McWilliams, executive director of the Georgia Forestry Foundation. “This new study allows us to place a dollar value on those services we receive from the standing forests, and they are many.”

Moore’s final report, which can be found at http://www.warnell.uga.edu/news/wp-content/uploads/2011/02/Final-Report-1-24-11.pdf, focused on six types of ecosystem services forests provide: gas and climate regulation; water quantity and quality; soil formation and stability; pollination; wildlife habitats; and aesthetic, cultural and passive use.

Moore and her collaborators—graduate students Tiffany Williams andEduardo Rodriguez and Warnell Assistant Professor Jeffrey Hepinstall-Cymmerman—analyzed Georgia forestlands by identifying key forest characteristics that affect ecosystem services and estimating per-acre values for each different type of forest.These values were estimated from survey data the team collected and from the results of previous published studies. What Moore found upon concluding her three-year study is that Georgia’s private forests provide an estimated $37 billion annual benefit to Georgia residents. The values can vary widely—between $200 to $13,000 per acre—depending on the location and ecology of the land, Moore said.

“Understanding the value of these benefits of forestland is important,” Moore said, “because it allows us to make better land use decisions. The ecological services forestlands provide are incredibly beneficial to Georgia, and you receive these benefits whether or not you own forestland. Many people think of them as free. But if we lose forestland, we risk losing these benefits.”

McWilliams said he hopes the results of Moore’s study focusing specifically on Georgia will result in public policy decisions that help us conserve Georgia’s working forests. “It carries a lot of weight when we can talk about Georgia forests to Georgia legislators and Georgia opinion leaders,” McWilliams concluded.

The Georgia Forestry Association is a conservation organization based in Forsyth. It works with landowners to adopt sound land management practices so that their forests will help provide clean air and water, soil conservation, wildlife habitats, recreation and timber products.

For more information on the Georgia Forestry Association, see www.gfagrow.org.

For more information on the Warnell School of Forestry and Natural Resources, see http://www.forestry.uga.edu/.

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