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Pike Nurseries Becomes an Employee-owned Company

Pike Nurseries management is pleased to announce the company has combined with Armstrong Garden Centers, its sister corporation in California, to operate under an established Employee Stock Ownership Plan (ESOP). The plan transfers ownership to Pike Nurseries and Armstrong Garden Centers employees through a defined contribution benefit program. 

 

“The ESOP program allows us to reward our employees for their hard work and longevity with the company,” said Mike Kunce, CEO and Chairman of the Board at Pike Nurseries and Armstrong Garden Centers. “This structure not only enables management continuity, but also ensures the employees who have built and sustained Pike Nurseries and Armstrong Garden Centers play an integral part in the future success of the business.”

 

UHY Advisors first to achieve BlackLine Platinum Partner status

UHY Advisors first to achieve BlackLine Platinum Partner status

SANDY SPRINGS, Ga. -- UHY Advisors, a tax and business consulting firm, has been named as the first Platinum Partner for BlackLine, the leader in Enhanced Finance Controls and Automation software. Over the last three years, UHY has implemented or optimized more BlackLine projects than any other partner, and continues to lead the country in successful customer engagements.

UHY’s partnership with BlackLine has grown since 2006, and UHY’s implementation methodology continues to help mid-size companies and large enterprises successfully optimize BlackLine solutions  as they strive to transform their existing Finance and Accounting departments into leading-edge Modern Finance organizations.

Sandy Springs' King and Queen towers to be sold

Sandy Springs' King and Queen towers to be sold

SANDY SPRINGS, Ga. -- The "King" and "Queen" buildings, the two iconic office towers looming over the Atlanta Perimeter and Georgia 400 for years, have found a new buyer in a deal that could range from $480 million to $500 million.

Stamford, Conn.-based Building and Land Technology has reached an agreement to buy the towers, which are part of the more than 2-million-square-foot Concourse Corporate Center development.

The deal would continue a resurgence of investment into Atlanta's office market, where job growth has returned, occupancy has recovered, and several high-profile developments have traded hands in the past year, including Northpark Town Center in Sandy Springs and the Pinnacle building in Buckhead.

Concourse Corporate Center is the latest example.

N.Y. to file lawsuit against UPS for cigarette delivery

N.Y. to file lawsuit against UPS for cigarette delivery

SANDY SPRINGS, Ga. -- New York officials plan to file a $180 million lawsuit on Wednesday against Atlanta-based United Parcel Service over what they say is the delivery of untaxed cigarettes.

State Attorney General Eric Schneiderman and New York City corporation counsel Zachary Carter allege UPS delivered nearly 700,000 cartons (more than 78,500 illegal shipments in all) in New York between 2010 and 2014.

The lawsuit, which will be filed in Manhattan federal court, claims UPS shipped cigarettes from unlicensed vendors on Indian reservations. In some cases, UPS appears to have handed over the deliveries to children at various residences across the state.

Mercedes-Benz looks to fill up to 600 HQ jobs in Atlanta

Mercedes-Benz looks to fill up to 600 HQ jobs in Atlanta

(Atlanta Business Chronicle) Mercedes-Benz USA will fill as many as 600 corporate jobs in Atlanta as part of its headquarters relocation from New Jersey.

Mercedes will bring a contingent of a "couple-hundred" people from New Jersey this summer, CEO Stephen Cannon told Atlanta Business Chronicle Tuesday.

Danny Sellers named Principal at Sterling Risk Advisors

Danny Sellers named Principal at Sterling Risk Advisors

DULUTH, Ga. -- Danny Sellers has been named a Principal at Sterling Risk Advisors. He has more than two decades of experience specializing in risk management for construction, trucking and manufacturing companies.

Prior to joining Sterling Risk Advisors in 2012, Sellers was senior vice president for J. Smith Lanier & Co., where he handled large, complex accounts, including large transportation accounts with both regional and long haul exposure. Earlier, he was executive vice president at Allied North America, where he produced and managed accounts including a major international manufacturing firm with $1 billion in sales.

Sellers holds a Bachelor of Science degree in General Business from Georgia Southern University. His professional affiliations include:

New Mercedes-Benz HQ to create 800 jobs

New Mercedes-Benz HQ to create 800 jobs

ATLANTA -- The new Mercedes-Benz headquarters in Atlanta will create at least 800 jobs, Gov. Nathan Deal announced Tuesday.

The luxury automaker announced earlier this month it will relocate its U.S. headquarters to Georgia from Montvale, N.J. The new Atlanta-area facility will be responsible for distribution, marketing and customer service for all Mercedes-Benz products in the country.

Deal described the move as "simply a home run for the state."

"I look forward to building upon this new partnership and adding Mercedes-Benz to the state's already impressive automotive sector," Deal said in a release. "Welcome to Georgia, Mercedes-Benz."