Sept 2012 HCCC Newsletter by Henry County Chamber of Commerce

a he n r y c o u n t y chamber o f c o mmerce p u blicati o n

SEPTEMBER 2012 in this issue Chairman’s Message

Business Profile

Calendar 4 It’s Happening in Henry

SCTC 6 August Chamber Briefs

Welcome Race Fans 10 Business Boosters Luncheon 11 Business After Hours

Golf 13 Ribbon Cuttings

Edward Jones

The Henry County Chamber of Commerce serves as the voice for the business community, provides quality services and programs that meet the needs of its members, improves the economic environment of the community and creates a legacy of leadership for the future.

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H ampt o n

L o c u st

G r o v e

YOU R B U S I N E S S I S OU R B U S I N E S S

M c D o n o u gh

S t o c k bridge

Oscar-Worthy, Red Carpet Treatment Get ready to see stars – right here in Henry County! The HCCC/CVB is ready to premier a series of videos that promote Henry County – all of which feature local residents. The “world premiere” of these videos will take place at the September 27 Toast to Tourism Business After Hours at Panola Mountain State Park. Bring family and friends to join the “stars” on the red carpet and be the first to sneak a peek at these segments before they are released! In addition to these “celebrities,” the Toast to Tourism will feature other local tourism “stars” who will have booths set up to share information about their organization and to sign your “autograph book” which can be exchanged for free ice cream, courtesy of Momentum Christian Church, and a chance at great prizes. There will be free popcorn to enhance the moviegoing experience. Prior to the premiere, enjoy a sampling of Panola Mountain State

Park’s offerings including archery, fly fishing demonstrations, geocaching and tree climbing for ages 8 to adult. While planned events begin at 5:30, attendees are encouraged to arrive early and enjoy a picnic with friends and family in this scenic and serene environment. Activities are free, however there is a $5 per car parking fee. So pile in, carpool, and come out and have fun. There will be a jackpot drawing for Chamber members, along with door prizes. Remember to bring plenty of business cards as you network with other Chamber members! Panola Mountain State Park is off Hwy 155 N. From Hwy 155, turn right onto Alexander Lake Road and go all the way till it dead-ends into Flat Bridge Road. Take a left at the gate and turn right immediately into the bike trail parking lot.

Hosted by Henry County Chamber of Commerce Convention and Visitors Bureau

Thursday, September 27 5:30 pm – 7:30 pm Panola Mountain State Park 5089 Flat Bridge Road SW Stockbridge

Find a Business, Events or Job... See Current Chamber Information... Get Interesting Facts about Henry County... Plan Fun Places to Visit...

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Chairman’s Message Danny Brown

Magnify Your Voice… As I write this message, the 2012 Georgia Primary Election is over and the Metro Atlanta Transportation Referendum has failed, new faces have emerged as Primary winners ready for the next round of voting during the November General Election, we are less than one week away from a run-off election that will determine the Republican candidate for Chairman of the Henry County Board of Commissioners and another huge decision impacting all our lives will be on the General Election ballot – the Charter Schools referendum. If you are like me, you are struggling to find the time to keep up with all that is happening and be a good steward of your civic responsibilities while running a business, caring for family, and occasionally mowing your lawn! There are days when you just want to throw your hands up and say “enough already!” It’s busy times like these that remind me how much better off we are as business owners and employees to be working together through our Chamber of Commerce. Our collective voices are stronger and our ability to deliver on our civic responsibility is greater.

I regret that the regional transportation referendum was defeated because I know it would have gone a long way toward relieving our traffic congestion and creating new jobs, but I don’t regret the informed and impactful voice our Chamber gave this measure in Henry County. I am grateful that the collective voice of our members was significant in acquiring the new technical college soon to break ground in McDonough, and that our effort to rally the support of an entire community around the E2 strategies is yielding amazing results for our public school system. I was proud to see our Chamber of Commerce noted in the latest issue of Georgia County Government, the magazine of the Association of County Commissioners of Georgia, as “the bridge fostering collaboration among community decisionmakers. At no point in history has leadership and the voice of the business community been more essential to ensuring our competitive edge. Through its public policy efforts, the Henry County Chamber of Commerce represents the interests of the Henry business community at local, state,

and to the extent possible, federal levels. We study and research issues and then your Board of Directors takes well-thought-out positions on tough issues. We provide educational forums to encourage informed dialogue, we provide factual information via the written and spoken word for our members, the decisionmakers and sometimes the community-at-large. We regularly communicate with our local, state and federal lawmakers on topics of importance to our members. In other words, we magnify your voice

where it needs to be heard! Look for opportunities from your Chamber to get involved in our public policy advocacy efforts. Join our Government Affairs or Education Committees, the Small Business or Existing Industries Councils as these engaged leaders plan events and programs to keep you abreast of issues. Your Chamber of Commerce is a business-advocacy and service organization and with your support, we will continue to be a leader and at the forefront of important public policy issues that impact your business.

Danny Brown and his wife, Patti, are owners of SERVPRO® of Henry, Spalding and Clayton Counties, as well as SERVPRO® of Decatur, all headquartered in McDonough. SERVPRO is the nation’s leader in fire & water damage cleanup and restoration.

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Business Profile

Briggs & Stratton Power Products Group, LLC

About the Company In 1908 an informal partnership between Stephen F. Briggs (inventor) and Harold M. Stratton (investor) began. This informal partnership evolved into the Briggs & Stratton Corporation and is now over 100 years old and has prospered into a company that produces 4-cycle gasoline engines for a worldwide audience. Briggs & Stratton Power Products Group, LLC located in McDonough, GA is a wholly-owned subsidiary of the Briggs & Stratton Corporation, headquartered in Milwaukee, WI. The McDonough facility, managed by Monty Ray, is North America’s number one manufacturer of portable generators and pressure washers, and is a leading designer, manufacturer and marketer of stand-by generators, along with lawn and garden and turf care through its Simplicity®, Snapper ®, Ferris®, and Murray® brands. Briggs & Stratton products are designed, manufactured, marketed and serviced in over 100 countries on six continents. In addition to its engine business, the company is also a leading designer, manufacturer and marketer of: engines; walk-behind lawn mowers; riding mowers and tractors; zero-turn mowers; snowthrowers; home generator systems; portable generators and pressure washers. The McDonough facility produces riding mowers and tractors, zeroturn mowers, snowthrowers and pressure washers. The McDonough plant has operated in the lawn and garden indus-

try since 1954. In 2004 Briggs & Stratton acquired Simplicity Manufacturing, Inc. The facility currently employs 574 full-time staff and 249 temporary personnel. Briggs & Stratton net sales for Engine and Product Divisions was $2,109,998 in 2011. Community Support Briggs & Stratton fosters the belief that everyone has an immense power within to create change and to make a difference in the lives of others. It is because of this tenet that their philanthropic efforts focus not only on charitable giving, but also on assisting the people in their community in creating a brighter future for themselves and others. The company sets the tone in the following areas: Education – Education is the foundation of a strong community and an essential component of Briggs & Stratton’s mission to help construct healthy and vibrant places to live and work. The company champions this belief by promoting internships/co-op programs for college students and by participating in local career fairs. Non-profit support – The company and/or its employees participate in a variety of community charitable events such as Relay for Life as well as donating to Southern Crescent Technical College and to other community initiatives. Employees donate via the company’s “Power of Giving” contribution program. Environmental/Relief efforts – An important part of building a community is maintaining its environment. Whether it is disaster relief or planting a tree, Briggs & Stratton has maintained an active approach to environmental commitment as an effective way to weather the storm by supporting the following groups: American Red Cross; Briggs & Stratton’s Rapid Response Team; and Adopt-a-Highway. In 2012, Briggs & Stratton Corporation and the American Red Cross partnered to deliver nearly $1 million worth of donated generators and pressure washers to 183 American Red Cross chapters nationwide to prepare areas prone to hurricanes, tornadoes and other severe

weather – before disasters hit. “We Monty Ray, GM are proud to partner with the American Red Cross and its incredible team of 650,000 volunteers to provide them with outdoor power equipment that will be quickly accessible to help people in the event of severe weather,” said Todd Teske, Chairman, President & CEO, Briggs & Stratton Corporation. Chamber Involvement Briggs & Stratton has been an active Chamber participant since January 2003 and is one of the county’s flagship local businesses. Just as the company understands the importance of being involved in the community, the company appreciates the value of Chamber membership. “As a member of the Chamber, we are able to stay abreast of business and public issues that are important to the sustained growth and development of Henry County.” Christina Kabalen, Briggs & Stratton Human Resources

Educating the small business community is good for business Business owners need to have a love of learning to succeed in today’s market: things are rapidly changing, from social media marketing to new laws and regulations. A business owner will need to stay not only on top but ahead of these trends or risk becoming a has-been. The Small Business Development Center (SBDC) teaches residents how to become successful business owners at its Starting a Business workshop. The threehour workshop covers the traits of successful entrepreneurs (effective salesperson, fearless negotiator, responsible money manager), estimating start-up costs and financing needs, and business planning. Lack of Heather Chaney, Program Coordinator, Clayton State University Small Business Development Center planning is the number one reason businesses fail; Education is the key to wealth, and small business- writing a business plan can help evaluate the feasibiles exist to make a profit and create personal wealth. ity of the concept and provide an operating plan for a HenryVisions_SEPT.indd 3

company. Incorrect pricing can also cause a business to fail when there is not enough money in the sale of a product/service to cover the overhead and make a profit. Learning how to legally start and operate a business is essential for all aspiring entrepreneurs. The SBDC also assists existing entrepreneurs with extensive workshops covering all aspects of business management, including marketing, financing, and certifying a small business. In just a few hours a business owner can learn from experienced industry professionals. In addition to these workshops, SBDC consultants offer one-on-one complimentary confidential consulting to Henry County’s aspiring and existing entrepreneurs. GrowSmart™ is the SBDC’s new premier program for small business owners seeking to grow profession-

ally and personally. Too many owners are busy working in their business to work on it, which can hinder future growth. This program helps business owners analyze and manage their business like a seasoned CEO. GrowSmart™ is intended for business owners/ managers with $200,000+ in annual revenues and successful operation for 2+ years, and provides an opportunity to make lasting business contacts. Small for-profit business owners seeking education and consulting services should contact their local SBDC office or visit www.georgiasbdc. org. They can also visit a local SCORE office or www.score.org for a list of SCORE’s classes and mentorship opportunities. The next SBDC “Starting A Business” class at the Chamber will be Tuesday, December 4, 5-8 PM. 8/24/12 2:49 PM

HenryCounty.com

SEPTEMBER 2012 Sunday

ADVOCARE 500

Monday

Wednesday

8 AM Leadership Henry, Bd Rm

Chamber Closed for Labor Day

AM CVB BOD 18 108AM Membership

8:30 Registration Annual HCCC Golf Classic @Heron Bay

8 AM Youth Leadership Henry, Bd Rm

11:30 AM Government Affairs Comm, HR

19 Noon Existing Industries Council, HR

10 AM Small Business Council, Bd Rm 11 AM Business Boosters Luncheon, HR

7:30 AM HCCC BOD, Bd Rm Noon Ambassadors Luncheon

5:30 PM Toast to Tourism, Panola Mountain State Park

Chamber Staff Kay Pippin, President Laura Luker, Director of Tourism Diane Ide, Director of Communications Gary Sparrow, Membership Director Phyllis Reeves, Information Specialist 2012 Board of Directors Executive Committee Danny Brown, Chairman, SERVPRO® of Henry, Spalding & Clayton Counties & Decatur Eddie Ausband, Chair-Elect, The Ausband Agency, Inc. Leonard Moreland, Secretary/Treasurer, Heritage Bank Taylor Rice, Immediate Past Chair

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Saturday

Comm, Bd Rm 11:30 AM Executive Comm, Bd Rm 3 PM Education Comm, Bd Rm 3:30 PM Media Relations Comm, Toppan Rm

Friday

8:30 AM Education Foundation, Bd Rm 8:30 AM Golf Comm, TR

thursday

at Atlanta Motor Speedway

Tuesday

Brad Thomas, Vice Chair for Economic & Cultural Development, Snapping Shoals EMC Charlie Scott, Vice Chair for Chamber Development, Piedmont Henry Hospital June Wood, Vice Chair for Government & Education, Georgia Power Julie Hoover-Ernst, CVB Chair, Henry County Board of Commissioners Kay Pippin, Henry County Chamber of Commerce President CLASS OF 2012 Herschel Arant, Central Georgia EMC Danny Brown, SERVPRO of Henry & Spalding Counties Steve Moore, Moore Bass Consulting, Inc. John Newman, Classic Landscapes, Inc. Laura Turner, Children’s Healthcare of Atlanta June Wood, Georgia Power

CLASS OF 2013 Eddie Ausband, The Ausband Agency Greg Cannon, Cannon-Cleveland Funeral Directors Steve Nail, Nail Heating & Air Conditioning, Inc. Shane Persaud, Building Design Partnership, LLC Rhonda Segers Denise Sowell, Capitol Street Financial Services CLASS OF 2014 James Chafin, Judge, Henry County State Court Lisa Hunter, Owner/Editor, So. Journal Magazine Leonard Moreland, President & CEO, Heritage Bank David Pittman, CFO, Bennett International Group William Strickland, President, Bellamy-Strickland Chevrolet Brad Thomas, President/CEO, Snapping Shoals EMC

Ex Officio Members Chairman Elizabeth “B.J.” Mathis, HC Board of Commissioners Mayor R.W. Coley, City of Hampton Mayor Robert Price, City of Locust Grove Mayor Billy Copeland, City of McDonough Mayor Lee Stuart, City of Stockbridge Ethan Hildreth, Superintendent, Henry County Schools Charlie Scott, CEO, Piedmont Henry Hospital Vickie Loper, Chairman, Henry County Development Authority Roderick Burch, Henry County Water and Sewerage Authority Michelle Nunnally, Leadership Henry Jake Carter, Chair Appointee Peto Fallas, Chair Appointee Gerald Hudgins, Chair Appointee

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Comfortably South of Atlanta Frankenstein Presented by the Henry Players August 30-31; Sept. 6-8 – 7:30 pm & Sept. 9 – 2:30 pm Henry County Performing Arts Center

The Henry Players present the classic telling of Mary Shelly’s Frankenstein. For more information visit www. henryplayers.com.

Atlanta Brews Cruise Paddy Wagon August 30-31 – 2:00 – 6:00 p.m.

Atlanta Motor Speedway to JailHouse Brewing Co. The Atlanta Brews Cruise Paddy Wagon will run continuously from three pick-up locations around Atlanta Motor Speedway to the JailHouse Brewing Company for tours and tastings. Call 404-384-6006 for additional information.

2012 Clay/Bow Shoot August 31 Cherokee Rose Gun Club and Sporting Resort - Griffin

Speedway Children’s Charities will host its annual Clay and Bow Shoot at Cherokee Rose Gun Club and Sporting Resort in Griffin to benefit the Atlanta chapter of SCC. For more information, contact Ginger Moats at (770) 946-3980 or email gingerm@ atlantamotorspeedway.com

Governor’s Breakfast August 31 Atlanta Motor Speedway

Speedway Children’s Charities will host a Governor’s Breakfast at Atlanta Motor Speedway on Friday, Aug. 31, beginning at 8:00 a.m. The event will feature special guest Governor Nathan Deal, as well as NASCAR drivers and Georgia natives David Ragan and Reed Sorenson, plus other NASCAR personalities. All monies raised will benefit the Atlanta chapter of SCC. For more information, contact Ginger Moats at (770) 946-3980 or email gingerm@atlantamotorspeedway.com

Book Signing August 31 – 1:00 pm – 2:30 pm Speak Easy Book Store

Musician Monte Dutton will be signing his latest book, Audacity of Dope, at Speak Easy Book Store (5 East Main Street, Hampton). HenryVisions_SEPT.indd 5

includes a pre-race concert with Montgomery Gentry. Adult tickets start at $39 and student tickets start at $19. Call (877) 9-AMS-TIX, (770) 946-4211, or visit www. atlantamotorspeedway.com

Track Walk, Memorabilia Auction, Ride of a Lifetime September 2 Atlanta Motor Speedway

Speedway Children’s Charities brings the opportunity for fans to walk the track on race morning with the Track Walk. Fans are also encouraged to attend the auction where authentic racing items will Jeff Foxworthy’s Grit Chips 200 Camping memorabilia be auctioned off. Also bid on the opportunity for a Ride World Truck Series Race of a Lifetime, where fans can ride with a NASCAR Sprint August 31 Cup Series driver during driver introductions prior to the AdvoCare 500. All monies raised will benefit the Atlanta Motor Speedway NASCAR’s top stars return to the high banks of Atlanta Atlanta chapter of SCC. For more information, contact Motor Speedway for three evenings of NASCAR night Ginger Moats at (770) 946-3980 or email gingerm@ racing. The Jeff Foxworthy’s Grit Chips 200 NASCAR atlantamotorspeedway.com. Camping World Truck Series will hit the high banks for 200 miles of racing under the lights on Friday, Aug. Laps for Charity 31. Adult tickets start at $25. Children 12 and under September 3 are admitted free with a paid adult ticket in General Atlanta Motor Speedway Admission seating. Call (877) 9-AMS-TIX, (770) 946Fans can drive their own vehicles on the same high4211, or visit www.atlantamotorspeedway.com banks that their favorite NASCAR stars did battle on just hours prior on Monday, Sept. 3. All monies Labor Day Weekend Sale raised will benefit the Atlanta chapter of Speedway August 31- September 3 Children’s Charities. For more information, contact Ginger Moats at (770) 946-3980 or email gingerm@ Tanger Outlet Center – Locust Grove Shop Tanger Outlets during the BIG Labor Day atlantamotorspeedway.com. Weekend Sale. Find extra savings in your favorite name brand outlet stores during our 4-day sale! Visit Henry County Parks & Recreation tangeroutlet.com/coupons for the latest sales and Youth Basketball Registration coupon information. September 4-28

NRA American Warrior 300 NASCAR Nationwide Series Race and Sprint Cup Series Qualifying September 1 Atlanta Motor Speedway

NASCAR’s top stars return to the high banks of Atlanta Motor Speedway for the second of three evenings of NASCAR night racing. Saturday’s action will include NASCAR Sprint Cup Series qualifying to set the field for Sunday’s AdvoCare 500, followed by 300 miles of high-speed havoc as Ricky Stenhouse Jr., Elliott Sadler, Austin Dillon and other NASCAR stars slam doors in the NRA American Warrior 300 NASCAR Nationwide Series Race under the lights at Atlanta Motor Speedway. Adult tickets start at $30. Children 12 and under are admitted free with a paid adult ticket in General Admission seating. Call (877) 9-AMS-TIX, (770) 946-4211, or visit www.atlantamotorspeedway.com

AdvoCare 500 NASCAR Sprint Cup Series Hampton Friday Market Race and Fast Cars & Guitars Pre-Race August 31 – 11:00 am – 1:00 pm Concert Featuring Montgomery Gentry 2 West Main Street September 2 Shop for fresh produce while being entertained by Monte Dutton who will be playing guitar and Atlanta Motor Speedway singing original songs.

it’s happening in Henry

Various Locations

Members of the local business community are invited to set up a display table for students to learn about the many different careers that are available in our local community. Dinner will be provided. Interested businesses should email or call Don Dunlap at ddunlap@henry.k12.ga.us or 770.507.6414.

guardians are required to complete a minor waiver before children ages 17 and younger can enter the infield; the waiver and instructions can be found at www.atlantamotorspeedway.com. For more information, visit www.legendsofga.com or www. atlantamotorspeedway.com.

Open House and Ground-Breaking September 20 Eagle’s Landing Country Club Tennis Center

and women who are passionate about automobiles, speed and competition. Racing will take place in the Champions and Winners parking area. For more information, visit www.soloatlanta.com

GunRunner Gun & Knife Show September 28-30 Atlanta Motor Speedway

GunRunner Shows was founded in 1988 and has successfully sponsored, promoted and produced over 400 high quality Consumer Trade Shows. Among ELCC is pleased to break ground on a new tennis center them include Gun and Knife Shows, Guitar Shows and Motorcycle Expos. Over 250 tables will be at Atlanta Friday Night Drags & Show-N-Shine Fall and welcomes the community to join us for an Open Motor Speedway for this event. For more information, House featuring food, drinks, music and more. RSVP to Stampede attend: 770-389-2000 x 112 or lisa.chase@ourclub.com visit www.gunrunnershows.com

September 14 & 21 Atlanta Motor Speedway

Competing nearly every Friday night from April through August, as well as two weeks in September, local competitors power up for weekly drag racing among several divisions. Everything from full-blown dragsters to grandma’s grocery-getter will compete in side-by-side, heads-up drag racing along the speedway’s pit road eighth-mile drag strip. The Show-N-Shine Car Show offers fans a chance to show off their rides in the comforts of the NASCAR garage. Participating Show-NShine vehicles will be displayed on the frontstretch prior to the start of opening ceremonies, allowing fans an opportunity to walk on the track and look at the show cars up close. Admission is only $8 and children five and under are free. Visit www.atlantamotorspeedway. com for more information or call (770) 946-4211.

Koss Motorsports Drifting & Car Show September 15 Atlanta Motor Speedway

Koss Motorsports’ Drifting Championship Series makes Registration for girls and boys youth basketball (ages a stop at Atlanta Motor Speedway. The event will feature 5 – 17) is open from September 4-28 at Heritage Park, Dyno Horsepower Wars, a Kutie Contest, food, vendors, Moseley Recreation Center, Locust Grove Recreation a wing-eating contest, live music and DJ, car show Center and Fairview Recreation Center as well as online and much more. For more information, visit www. at www.hcprd.org. kossmotorsports.com

The Cole Brothers Circus September 21-23 Atlanta Motor Speedway

The Cole Brothers Circus will return to the Atlanta Motor Speedway again in 2012. The circus will provide guests with the “Big Top Experience”, filled with daring and breathe taking performances. The circus will include intercontinental animal attractions, Angels in the Air, aerial ballet, and a freestyle motorcycle show. For more information, visit www.colebroscircus.com.

NASCAR Racing Experience September 28-30 Atlanta Motor Speedway

For more information visit www.nascarracingexperience.com or call (877) RACE-LAP.

Bear Creek Festival September 29-30 – 9:00 am – 5:00 pm McBrayer Park

During this weekend Bear Creek Festival will host antique dealers, food vendors, Downtown Development Authority train rides, many arts & craft vendors and a kid’s area. Live Music will be a great treat throughout For more information visit www.fasttrackracing.com the day in this massive oak tree shaded city park. On Saturday the parade begins at 9:00 am and on Sunday or call (704) 455-1700. there will be a car show. For more information: www. bearcreekfestival.com. This is a Hampton Business and Southern Belle Farm – Fall Season Merchants Association event.

Fast Track High Performance Driving School September 22 • Atlanta Motor Speedway

September 22 - November 4 Southern Belle Farm

Southern Belle Farm welcomes you for another fall season where you will enjoy an old-fashioned country hayride tour of the 200-acre farm, wonder through the 7-acre corn maze, shoot the corn cannon, ride the cow train and pedal carts, jump on the jumping pillow and much more! Don’t worry – you won’t go hungry, there are lots of tasty treats at MiMi’s Kitchen, cooked right on the farm.

Your State Parks Day - Native Wildflower Planting at Panola September 29 – 9:00 am – Noon Panola Mountain State Park

Join park staff and volunteers planting a variety of local wildflowers in the “Power of Flight” grassland Music in Mayors’ Walk Park Mud Crusade habitat restoration area. Restoring wildlife habitat is an September 7 -7:00PM-9:00PM September 15 essential part of saving our public lands. All ages and interests can have fun, plant one plant or stay the whole Mayors’ Walk Park – Downtown Locust Atlanta Motor Speedway time, and learn why grasslands are such important Are you in search of some good, clean, dirty fun? Test Inaugural Black Tie Event Grove habitats for wildlife. Meet at the Alexander’s Lake Bring blankets, chairs and your favorite snacks or plan your mental and physical limits on the intense 5K September 22 dinner at the park. “Good Ole Hotdog” cart will be on mud and obstacle course that will challenge yourself, The inaugural Black Tie event with the Atlanta chapter parking area. Bring your own snacks and soft drinks, hand for great hotdogs and drinks. Come early for either individually or through the camaraderie of of Speedway Children’s Charities, where all monies bug repellant and comfortable work clothes. Sponsored teamwork. After finishing, food, beer, swag, music, raised will benefit the Atlanta chapter of SCC. For more by Friends of Georgia State Parks. 770-389-7801. some shopping or dinner at The French Market. games and vendors will be on-hand to celebrate your information, contact Ginger Moats at (770) 946-3980 accomplishment. For more information, visit www. or email gingerm@atlantamotorspeedway.com. Richard Petty Driving Experience mudcrusade.com

September 7-9 Atlanta Motor Speedway

Off-Season Legends Race and

For more information visit www.drivepetty.com or call Legends Invitational (800) BE-PETTY.

September 15 Atlanta Motor Speedway

Basic Archery September 22 – 3:00 pm – 5:00 pm Panola Mountain State Park

Take aim and hit the bull’s eye! Join a certified instructor to learn archery basics. Meet at the Archery NASCAR’s stars of tomorrow battle for short-track Range. All equipment provided. If you have your own supremacy on Atlanta Motor Speedway’s “Thunder equipment, cost includes an all-day archery range pass. Ring,” the facility’s frontstretch quarter-mile oval Ages 9 and up. $10. $5 parking. 770-389-7801. Proceeds benefit Shining Light Ministries, Inc. which is track. Each event features multiple classes of Legends the first zoned recovery center in Henry County. They and Bandolero racing. Fans can purchase infield work closely with the McDonough Probation officers, passes at the Security Command building near the SCCA Autocrosse Henry County Jail, IDTC Committee and countless speedway’s main entrance. Infield access costs just September 23 others to ensure that they continue to help women of $12 for adults, $5 for children ages six through 11 Atlanta Motor Speedway Henry County that desperately need treatment. www. and admission is free for children ages five and Since 1944, SCCA has championed one mission: To shininglighthouse.com. younger. Cost to race is just $25. Minors and their bring motorsports to the masses of American men

Behind the Gates 5K/10K September 8 – 9:00 am The superstars of the NASCAR Sprint Cup Series return Eagles Landing Country Club to Atlanta Motor Speedway for the track’s third NASCAR Sprint Cup Series night race on Labor Day weekend. Watch the sparks fly as the world’s best drivers – Jimmie Johnson, Jeff Gordon and Dale Earnhardt, Jr. – battle to the checkered flag for much needed points entering the postseason, while Atlanta Motor Speedway once again hosts the biggest Labor Day party in the USA. In addition to the racing action, Sunday

Patrick Henry Academy 2nd Annual “Eat & Greet” September 13 – 5:30 pm – 7:30 pm Patrick Henry Academy 109 South Lee Street, Stockbridge

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HenryCounty.com

Southern Crescent Technical College Facility Coming Soon to Henry County Southern Crescent Technical College, a unit of the Technical College System of Georgia, will soon have a physical presence in Henry County. About to go out to bid, the facility will consist initially of one two-story building, of approximately 35,000 square feet. Housed in the new building will be a variety of classrooms, offices, and laboratory spaces, which will host a wide-ranging assortment of classes. Although many of the programs offered at Southern Crescentâ&#x20AC;&#x2122;s Griffin campus will still require students to attend a portion of their educational time on the Griffin campus, many students will not only be able to begin their education in Henry County at the new center, but some will be able to finish their entire programs locally. The Henry County business and education communities have long been supporters of SCTC, and in fact, a number of courses are already offered at the Academy for Advanced Studies on the Henry County High School campus. Up till now, however, Henry County has been the only Georgia County of its size which has not been host to a technical college facility of some kind. This will change with the addition of the new building. To be located immediately east of Henry County high school, the facility will be built on land donated to Southern Crescent by the Henry County School Board. Additionally, the City of McDonough has been instrumental in providing access to infrastructure to make the implementation of the new building a much lower operating cost than originally conceived. The college has been working on the

Entry Lobby

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Entry Elevation plan for over a year, contributing $2.5 million of college funds, and securing over $6 million of state funds to complete the building project. This first building, one of eight in current planning, will include parking areas, a main roadway into the site, and facilities to provide both student support services as well as academic instruction to students of Henry County. Future facilities include several buildings which will create an entire Henry County Campus for Southern Crescent. Included in the plan for the initial building are general purpose classrooms, which will host several general education courses such as math and English, a CISCO networking lab and classroom, which will host a CISCO networking academy program, computer classrooms, life science labs, and a unique MRI simulator which will be used for advanced education for graduates already holding Radiography certifications. The Henry County facility has been designed with sustainability in mind. The building has been designed with a holistic approach to conservation of resources such as water and power when compared to a typical classroom facility. The design has targeted a 60% reduction in power consumption over the national average for similar university buildings, and the intent of the design is to be a LEED certified silver building. In summary, the new facility of Southern Crescent Technical College will be a major addition to the educational infrastructure of Henry County, and will bring technical education within range of every resident of Henry County.

Heritage Bank? Pick up or new ad?

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HenryCounty.com

August Chamber Briefs ... Congratulations to:

Ed Clark, President & William A. “Tony” General Manager, Atlanta Moye for being selected Motor Speedway, on beby the Georgia Pharing named “Who’s Who” macy Association as the in Atlanta’s Hospitalrecipient of the 2012 ity industry by the Atlanta Bowl of Hygeia Award Business Chronicle’s Hosfor outstanding commupitality Quarterly July 13nity service. This award 19, 2012. recognizes pharmacists who possess outstanding records of civic leadership in their communities, and encourages pharmacists to take active roles in the affairs of the respective communities, and is considered one of the profession’s most prestigious awards.

Strawn & Co. Insurance Pick up or new ad?

Whaley, Hammonds, Tomasello on the recent merger between Robinson, Whaley, Hammonds & Allison in McDonough and Tomasello, Plageman & Associates, LLC who had offices in Forest Park, Stockbridge and Hampton. The Greater Henry Chapter of the Society for Human Resource Management (SHRM) on being awarded the Gold EXCEL Award for its scope of work in 2011 which aligned with SHRM’s overall objectives, strategic focus and initiatives as well as promoting the HR profession at the local level.

Eagle’s Landing Country Club on the groundbreaking of a new tennis center September 20. The Consolidated Copier Services on their 25th new center is expected to open by early 2013. anniversary! The company opened on August 20, Hari Madichetty, 1985 and now has two locations: Conyers, Decatur M.D. has been named the and will be opening a site in Henry County. new medical director of the Critical Care Unit (CCU) at Piedmont Henry Hospital. He has been practicing pulmonary, critical care and sleep medicine for approximately seven years. He has served on performance improvement committees at several area hospitals including Piedmont Henry Hospital, where he currently is chairman of the Quality Assurance committee. HenryVisions_SEPT.indd 7

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City of Stockbridge? There is no ticket for this ad

Publication of Henrycounty.com is made possible in part by the support of the Board Members of the Henry County Chamber of Commerce. Thank You!

Georgia Power? There is no ticket for this ad

City of McDonough Billy Copeland, Mayor

770-957-3915

HenryCounty.com

Henry County Chamber of Commerce Convention & Visitors Bureau 1709 Highway 20 West Westridge Business Center McDonough, GA 30253

770-957-5786

City of Hampton R. W. Coley Mayor

P.O. Box 400 17 East Main Street South Hampton, Georgia 30228

City Hall: 770.946.4306 Fax: 770.946. 4356

Ethan Hildreth Superintendent 770-957-6601 770-914-6178 FAX ethan.hildreth@henry.k12.ga.us 22 N. Zack Hinton Parkway McDonough, Georgia 30253

Snapping Shoals EMC? There is no ticket for this ad

Eddie Ausband, CFP 4920 N. Henry Blvd Stockbridge, GA 30281 Phone: 770-507-401K 770-389-9060 x 102 eausband@revanta.com

Central Georgia EMC? There is no ticket for this ad

Southern Journal Magazine? There is no ticket for this ad

ServPro? There is no ticket for this ad

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McDonough

865 Hwy.20/81 West McDonough, GA 30253

770-898-1988

StockbriDge

850 Eagles Lndg. Pkwy. Stockbridge, GA 30281

770-507-5855

LocuSt grove

4870 Bill Gardner Pkwy. Locust Grove, HA 30248

770-288-3500

Henry County Chamber of Commerce Board of Directors Proudly Serving Henry County HenryVisions_SEPT.indd 8

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Yield to Yellow and Respect the Red

Leadership Henry Class of 2013 The Leadership Henry Board of Directors is pleased to announce the selection of the Leadership Henry Class of 2013. In August these leaders began participating in a series of monthly programs that develop their understanding of areas such as public safety, healthcare, education, economic development, government, and community service through interaction with local practitioners in each area. The class culminates in April 2013 with the planning and

execution of Leadership Henry’s annual Hands On Henry project, enabling class members to give back to the community while reinforcing leadership skills in working with volunteers on multiple service projects selected to improve the beauty of Henry County and to benefit many of the county’s non-profit organizations. We are proud to share the names of those selected to participate in this rigorous and rewarding program:

David Carlyle, Southern Company

Diane Ide, Henry County Chamber of Commerce

Kyla Tammaro, The Original Shane’s Rib Shack

Grant Carter, State Farm Insurance

Lorrie Imes, Family Medical of McDonough & Locust Grove

Janet Teknipp, Piedmont Henry Hospital

Dr. Pamela Carter, Communities In Schools of Henry County

Brad Johnson, Henry County Fire Department

Holly Duffey, Tanger Outlets

James Johnson, Patriot Fire Protection, Inc.

Tarji Dunn, Azone Realty

Diane Miller, Saige Ways

Kimberly Underdue, Underdue Social Services, Inc.

Sherry Dye, Henry County Tax Commissioner

Suesan Miller, Suesan A. Miller, P.C.

Samuel Valme, Walden University

Dr. Stephanie Gordon, The Women’s Center

Brian Mock, United Hospice

Gary Wargo, Mid Georgia Financial Group, LLC

Tashuna Gray, D & D Kustoms

Russell Murtha, Georgia Power Company

Chuck Griggers, Central Georgia EMC

Helen Ponce, Laura S. Crumbley, CPA

Tara Washington, Robinson, Whaley, Hammonds & Allison

Gregory Guy, Goodyear Aviation

Donna Sanford, Piedmont Henry Hospital

Debbie Hibben, Down Syndrome Association of Atlanta

Dawn Sorrow, Henry County Fuller Center for Housing

Josette Hutton-Evans, Metamorphosis Powerhouse Company

Lee Stuart, City of Stockbridge

Taqua Thrasher, City of College Park Hector Tirado, Snapping Shoals EMC

Debra Wells, Hands of Hope Clinic MeSheryl Wimberly, Henry County Tax Commissioner Robert Young, Snapping Shoals EMC

Just like flowers blooming indicate the start of Spring, bright yellow buses on the road signify the start of school for nearly 40,000 students in Henry County Schools. With a population of student riders near 23,000, the roads of Henry County will be full of students making their way to learn at one of the best school systems in the state. In order to ensure that all students make it to and from school in a safe manner, motorists should pay particularly close attention during their morning and afternoon commute. A bus does not have to be in sight for a potential safety issue to arise. Kids are waiting near roadways for buses each morning with distractions of conversations, electronic equipment, or worries of that big test. It is up to vehicle operators to minimize their own distractions to help prevent accidents and look out for students waiting for their ride to school. Motorists should also be aware of common signals on a bus when one is close by. Yellow lights flashing at the top of a bus indicate that it is in the process of approaching a designated stop or crossing hazard. Red lights flashing at the top of a bus indicate that the passenger door is open and ready to pick up or drop off students, or stopping at a potential crossing hazard. Students can board or leave the bus to head home from the same side of the road as the bus, or they could be making their way to or from the bus on the opposite side of the street. It is imperative that motorists adhere to the signals and DO NOT pass a bus when its yellow or red lights are flashing. A child’s safety is at risk when motorists ignore the signals in

an effort to minimize their own travel time. With the help of local law enforcement, city and county government authorities, and SmartBus Camera technology, motorists passing a bus will have their license plate photographed and a $300 ticket will be issued to their registered home address. Motorists should also know that violators caught passing a bus will see an increase to their auto insurance the equivalent of receiving a DUI. Buses follow the same route and times each and every day with minimal changes in their routine. If you find yourself always behind a bus that might interfere with your morning or afternoon commute, try adjusting your schedule if possible to avoid delays. We encourage everyone to ‘Yield to Yellow and Respect the Red’ when it comes to school buses on the road. Kids trust their transportation to and from school each day, and motorists on the road are a part of ensuring that trust is not broken or harmed.

Why We Welcome Race Fans Sitting on 877 acres, Atlanta Motor Speedway represents the largest sports venue in the southeast and is Henry County’s largest taxpayer. In addition to its property tax contribution, Atlanta Motor Speedway’s facility is in use 200 days per year, stimulating millions of dollars in tourist spending. A 2011 HCCC/CVB survey found that during NASCAR race week/weekend, fans spent an average of $165 at Henry County businesses and with average weekend attendance surpassing 135,000 this translates into more than $22 million pouring into Henry County’s economy each September. As these fans begin to arrive later this month, the Henry County Chamber of Commerce/Convention and Visitors Bureau encourages businesses to roll out the red carpet, or in this case, the checkered flags, to make fans feel welcome. The HCCC/CVB has a limited number of comHenryVisions_SEPT.indd 9

memorative t-shirts encouraging race fans and residents to “Race to Henry.” Businesses wanting to display their racing spirit can buy tshirts for $5 each or pick-up free “We Love Race Fans” buttons at the Chamber for their staff to wear during the weeks leading up to the race. What Else Can Your Business Do to Welcome Race Fans? • Add “Welcome Race Fans” messages to digital marquees and signs • Display checkered flags • Offer discounts to race fans holding valid race tickets (and advertise these discounts via CVB website) • Participate in the CVB’s text message marketing campaign to send specials and discounts to race fans • Provide coupons to be distributed at the HCCC/CVB booth at Atlanta Motor Speedway

during race weekend • Remind race fans who make purchases at your business to save their receipts and redeem them for prizes at the CVB’s booth • BUY A TICKET AND ATTEND THE RACE! For more information about how your business can help welcome race fans and potentially draw business to your door step, contact Laura Luker at lluker@henrycounty.com.

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business

Boosters luncheon

September Business Boosters Luncheon “See the World……Affordably” Facilitated by Jennifer Gyroffy ... Collette Vacations

September 20, 2012 • HCCC Hudgins Room • 11:00 a.m. – 1:00 p.m. The Henry County Chamber of Commerce partners with Collette Vacations to offer both Chamber members and others some very interesting, affordable travel opportunities. Join us September 20 as Collette representative Jennifer Gyroffy presents six exciting travel opportunities planned for 2013 and early 2014. Plans include three exotic destinations – Africa, Australia, China. Plans include three European Options including London, Scotland, France and other sites Attend the luncheon and get all the details. The first 40 Chamber members to register will receive complimentary lunch. Non-Chamber members are welcome to participate. The cost is $12 for Chamber members not receiving the complimentary lunch and $20 for non-members. Reservations are required and can be made (and paid) online by Chamber members at www. henrycounty.com under “Events” – simply find the event on September 20. Guests and nonmembers can call (770)957-5786 or email preeves@henrycounty.com to make a reservation for this luncheon meeting.

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August BBL – Learning About The Affordable Healthcare Act Attendees at the August 16 Business Boosters Luncheon gained valuable insights into this confusing topic as presented by Holly Bates Snow, Chief Public Policy Officer & Vice President, Government & External Affairs with Piedmont Healthcare. In March 2010, Congress passed the Affordable Care Act (ACA), which will have the most sweeping impact on the U.S. health systems since Medicare’s inception in 1965. And, just this past June, the Supreme Court ruled on the constitutionality of several core provisions of the new law, paving the way for federal agencies, state legislators, and private industry to prepare for its implementation. The most important and controversial requirement of the ACA is that all Americans purchase health insurance. Although the bulk of the law goes live January 2014, CMS and many states are making preparations to implement the cornerstone of the ACA, which is the development and operation of Insurance Exchanges. So what does this mean to Georgia businesses, providers, insurers, and patients? Let’s rewind to passage of the 2,400 plus page bill. The premise of the ACA is to provide healthcare insurance to “all” uninsured Americans, which translates into covering 94 percent of the U.S. population, or 32 million people. This 94 percent includes the expansion of Medicaid to persons with an annual income up to 138 percent of poverty or $32,000 for a family of four. (Medicaid is a state/federal insurance program for certain categories of low income residents.) In Georgia, it is estimated that 650,000 new persons would qualify for Medicaid. To sweeten the pot, the ACA says it will pick up the tab for 100 percent of the Medicaid cost for several years and then gradually shift 10 percent onto states. On its surface, this is a pretty good deal for states. The remaining 6 percent includes illegal aliens, disenfranchised residents, or Americans who choose

not to be covered and pay a tax penalty. Health Insurance Exchanges will operate like a “Travelocity” model in which individuals and small groups (employers with up to 50 employees) can easily shop, sign up, and monitor their insurance coverage. Likewise, large businesses (defined as 50 or more employees) must continue to provide coverage or pay a tax penalty. With the exception of the requirement that states expand Medicaid coverage to all persons up to 138 percent of poverty, the Supreme Court waived the green flag for ACA full implementation. Several states, including Georgia, have stated they will wait until after the November elections to make a determination of whether to move forward with a state or federal health exchange. (Their hope is the Republicans will capture the White House and Senate and then move to repeal the entire act.) So, when asked if the ACA/ Healthcare Reform/Obama-Care is a good thing or not, my response is “it depends.” • It’s a good thing if you are currently uninsured. (Depending on family income, uninsured residents and businesses could qualify for federal subsidies and tax credits to provide coverage for Americans up to 400 percent of the federal poverty level.) • It’s a good thing if you’re unable to obtain coverage due to a pre-existing condition or you have maxed out on your lifetime limit. (These practices

are prohibited after Jan. 1, 2014.) • It’s not so good if you own a business that has about 50 employees with seasonal or a lot of part time employees. (These businesses may face penalties of $2,000 per employee if they don’t offer coverage to their employees.) • It’s a great thing if you are a small business and want to provide coverage to low income employees but have had difficulty in finding affordable, comparable coverage. • It probably won’t matter to large employers as many plans were grandfathered in the new law or are already providing insurance to employees. • It’s not so good if some large employers elect to pay the $2,000 per employee penalty and drop coverage versus paying for the average health insurance plan at a rate of $10,000 per family. This will add to the bad debt costs absorbed by hospitals and physicians. • It’s horrible for hospitals if states choose not to expand Medicaid coverage for all residents under 138 percent of poverty as the industry agreed to a $155 billion reduction in Medicare and Medicaid payments in exchange for achieving a 94 percent insured population. No doubt, there will be thousands upon thousands of new rules and regulations to clarify the ACA’s intent and unintended consequences as imposed by the new law. Stayed tuned!

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business

HenryCounty.com

AFTER HOURS

October Business After Hours Real Men Wear Pink Party Thursday, October 25 5:30 pm – 7:00 pm Hosted by

North Tower Lobby 1133 Eagle’s Landing Parkway Stockbridge 678-604-1000 Are you man enough to wear pink or are you a woman who wears pink every day? This is the event for you. Piedmont Henry’s Real Men Wear Pink Campaign in support of Breast Cancer Awareness runs during the month of October, Join us Thursday, October 25 for a fabulous Pink Party. Listen to the beautiful sounds of Latitudes Steel Drum band. Pink prizes galore! Be sure to wear pink and bring plenty of business cards as you network with fellow Chamber members and guests and for a chance at the door prizes. There will be a drawing for the Chamber jackpot - and you must be present to win.

Chamber Members welcomed Children’s Healthcare of Atlanta–Hudson Bridge to Henry County at July’s Business After Hours! Children’s Healthcare of Atlanta (CHOA) has long been known in the metro area for its excellence in treating children and youth, and Henry County is pleased to have their presence in our community. The new 8,000 square foot facility located on at 1510 Hudson Bridge Road will not only serve immediate care needs of patients, but will also provide access to specialized pediatric care to a larger number of families from Henry, Clayton, Spalding, Butts Fayette and surrounding counties. CHOA-Hudson Bridge opened its doors to allow residents and Chamber members to tour the facilities and hear about the types of patient care offered in the weeks just prior to opening on August 1. The Chamber participated in CHOA’s opening ceremonies, held a ribbon cutting and facilitated a Business After Hours on July 26. CHOA officials provided tours of the facilities, highlighting the careful planning that went into the layout that serves to prevent the spread of illnesses, facilitates specialized injury care, radiography, and promotes efficiency in the movement of patients. Numerous door prizes were given away (thanks to our generous members who donate door prizes), including a family fun pack worth $200 donated by CHOA. Names drawn for the Chamber’s $200 jackpot were: Brenda Rayburn with Southern Crescent Habitat for Humanity; Allen Greer with The Greer Agency; and Loren Pierce with Moye’s Pharmacy. Since none of these potential winners were present, the jackpot increases to $250 for the August Business After Hours.

Be sure to bring plenty of business cards to network with other Chamber members and for the door prize drawings.

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HCCC 12th Annual Golf Classic – Time is Running Out

This year’s HCCC Golf Classic is quickly approaching. The event will be held at Heron Bay Golf & Country Club on Monday September, 24. Sponsorship opportunities are still available, but you must hurry in order to participate in this prestigious event. This year’s tournament will feature cash prizes for first, second and third place teams, the putting green contest winner, as well as three hole-in-one contests: two for an automobile and one for an all-expenses- paid trip to the 2013 Masters for your entire team. There will also be a performance by trick shot artist Rocky Shipes. Sponsorships are available for as little as $100 and a team of four is only $750 if you want to participate in all the festivities. As always, there will be lunch on the course, dinner provided by Outback, and beverages throughout the day. Make your plans now for this fun event before time runs out.

Available sponsorships are at the following levels: Platinum $5,000 Gold $2,500 Silver $1,500 Team Only $750 (Limited availability after sponsorships) Tent Sponsor $350 Hole Sponsor $100

For more information about sponsoring the 12th Annual Golf Classic or to register a team, contact Gary Sparrow at 770-957-5786 or gsparrow@henrycounty.com

Save the Date The Chamber’s 2nd Annual Membership Appreciation Lunch Wednesday, October 31 – Halloween Drop by any time between 11:00 am – 1:00 pm Enjoy a free lunch (member’s only) catered by On the Chamber grounds Costumes are encouraged, but not necessary This event was so much fun that we just had to repeat it! It was interesting to see who participated and who came in costume! Hats off to Shane’s for providing wonderful food for all! Here’s a peek at those who participated in 2011:

Delta Plumbing Pick up or new ad?

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CHAMBER MEMBERSHIP Welcome to our NEW Members

July 18 De Wafelbakkers

108 Declaration Drive McDonough, GA 30253 Contact: Mark Coolican (501) 370-1169 www.dewaffelbakkers.com

Patrice & Associates Marcell Ausborn 200 Candice Court Hampton, GA 30228 (770)897-2050

Sheet Metal Workers Local 85 Randy Beall 1838 Metropolitan Pkwy Atlanta, GA 30315 (404) 803-0294

New Sole Running David Johnson 1315 McDonough Pkwy McDonough, GA 30253 (678) 432-1244

Premier Wireless Solutions, Inc Neil McLeod 1010 Premiere Way McDonough, GA 30252 (770)305-9229 Woodlawn Park Apartments Phyllis Banks 100 Woodlawn Park Dr. McDonough, GA 30253 (770) 957-2578

CHAMBER MEMBERSHIP Thank You to our RENEWING Members

July 25 Children’s Health of Atlanta – Hudson Bridge 1510 Hudson Bridge Road Stockbridge, GA 30281 Contact: Laura Turner (404) 201-0822 www.choa.org

August 15 Run Fit Sports, Inc. 1387 Hwy 20 West McDonough, GA 30253 Contact: Perry Slaugher (478) 477-7577 www.runfitsports.com

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American Family Insurance - Jessica D. Smith Apex Controls, Inc. Arthritis Research and Treatment Center Bank of the Ozarks Bethany Baptist Church Better Homes and Gardens Real Estate - Ann Francis CapSouth Partners Chapman Insurance Group / Nationwide Insurance Charter Business Christian Brothers Automotive Clean Slate Services, LLC Consolidated Copier Servcices Eagle Point Accounting & Tax, Inc. Eagle’s Brooke Apartments, LLC Eagles Landing Christian Counseling Center, Inc. Express Employment Professionals Family Support Circle, Inc. Grace Management Enterprises, Inc. Hampton Inn Henry Arts Alliance Henry County Board of Commissioners Jailhouse Brewing Company

Kauffman Tire Logic Technologies, Inc. McDonough Lions Club Mercer University - Regional Academic Center Pumpkin Patch at Yule Forest (The ) Hwy. 155 Rapid Enhanced Active Development, Inc. RoLanka International, Inc. SERVPRO of Henry & Spalding Counties Sign-A-Rama Skyline Pest Solutions, Inc. Snider-Killingsworth Insurance & Risk Management Speedway Donuts Soar Hospitality State Farm Insurance - Shannon Till Tanger Factory Outlet Centers, Inc. UniVirtual Solutions, Inc. Victory Trophies Wal-Mart - Willow Lane Welcome Home Real Estate Group Whaley Hammonds Tomasello, P.C. Woodmen of the World

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FINANCIAL FOCUS

This article was written by Edward Jones for use by your local Edward Jones Financial Advisor.

Should you take a pension buyout? Consider these key issues Have you recently received a pension buyout offer? If so, you need to decide if you should take the buyout, which could provide you with a potentially large lump sum, or continue accepting your regular pension payments for the rest of your life. It’s a big decision. Clearly, there’s no one-size fits all answer. Your choice needs to be based on your individual circumstances. So, as you weigh your options, you’ll need to consider a variety of key issues, including the following: • Estate considerations: Your pension payments generally end when you and/or your spouse dies, which means your children will get none of the money. But if you were to roll the lump sum into an Individual Retirement Account (IRA), and you don’t exhaust it in your lifetime, you could still have something to leave to your family members.

• Taxes: If you take the lump sum and roll the funds into your IRA, you control how much you’ll be taxed and when, based on the amounts you choose to withdraw and the date you begin taking withdrawals. (Keep in mind, though, that you must start taking a designated minimum amount of withdrawals from a traditional IRA when you reach age 70½. Withdrawals taken before age 59½ are subject to taxes and penalties.) But if you take a pension, you may have less control over your income taxes, which will be based on your monthly payments. • Inflation: You could easily spend two or three decades in retirement, and during that time, inflation can really add up. To cite just one example, the average cost of a new car was $7,983 in 1982; 30 years later, that figure is $30,748, according to TrueCar.com. If your pension checks

aren’t indexed for inflation, they will lose purchasing power over time. If you rolled over your lump sum into an IRA, however, you could put the money into investments offering growth potential, keeping in mind, of course, that there are no guarantees. • Cash flow: If you’re already receiving a monthly pension, and you’re spending every dollar you receive just to meet your living expenses, you may be better off by keeping your pension payments intact. If you took the lump sum and converted it into an IRA, you can withdraw whatever amount you want (as long as you meet the required minimum distributions), but you’ll have to avoid withdrawing so much that you’ll eventually run out of money. • Confidence in future pension payments: From time to time, companies are forced to reduce their pension obligations due to

unforeseen circumstances. You may want to take this into account as you decide whether to continue taking your monthly pension payments, but it’s an issue over which you have no control. On the other hand, once your lump sum is in an IRA, you have control over both the quality and diversification of your investment dollars. However, the trade-off is that investing is subject to various risks, including loss of principal. Before selecting either the lump sum or the monthly pension payments, weigh all the factors carefully to make sure your decision fits into your overall financial strategy. With a choice of this importance, you will probably want to consult with your financial and tax advisors. Ultimately, you may find that this type of offer presents you with a great opportunity, so take the time to consider your options.

Something Worth Sharing

Carefully consider the key issues before making your final decision about a pension buyout offer.

Call today to start taking steps toward your financial independence

We’re proud of the news coverage we’ve received, and we hope to build upon these accomplishments. We know that our success is your success. Thank you. SmartMoney June 2012 Edward Jones was named the No. 1 full-service brokerage firm in the June 2012 edition of SmartMoney magazine. The magazine lauded the firm for its reputation for excellent client service. The firm consistently has been ranked highly in the SmartMoney survey as No. 1 in 2005, 2007 and 2010, and No. 2 in 2008, 2009 and 2011. J.D. Power and Associates May 2012 Edward Jones ranked “Highest in Investor Satisfaction with Full Service Brokerage Firms”according to the J.D. Power and Associates 2012 Full Service Investor Satisfaction StudySM.1 1 Edward Jones received the highest numerical score among full service brokerage firms in the proprietary J.D. Power and Associates 2012 Full Service Investor Satisfaction StudySM. Study based on responses from 4,401 investors measuring 16 investment firms and measures opinions of investors who used full-service investment institutions. Proprietary study results are based on experiences and perceptions of consumers surveyed in February 2012. Your experiences may vary. Visit jdpower.com. HenryVisions_SEPT.indd 14

Financial Advisor John H. Dorminy 190 Turner Street McDonough, GA 30253 (770) 957-0250

Financial Advisor Lin Watts 305 Olde Towne Way McDonough, GA 30252 (678) 583-1325

Member SIPC

www.edwardjones.com 8/24/12 2:50 PM

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Piedmont Hospital Pick up or new ad?

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