Flacks Group acquired the 180-room Crowne Plaza North Augusta, an IHG Hotel. It’s located on the banks of the Savannah River, a short distance from the iconic Augusta National Golf Club, home of The Masters Tournament.

Built in 2019, the Crowne Plaza North Augusta caters to both business and leisure travelers, especially during key events such as the Masters Tournament and the Augusta National Women’s Amateur (ANWA). The hotel features meeting spaces and dining options, including the steakhouse Salt + Marrow and the rooftop bar Jackson’s Bluff.

Adjacent to the Augusta GreenJackets’ minor league baseball park and situated within the expanding Riverside Village community, the hotel provides easy access to high-end retail, luxury housing, cultural attractions, and diverse cuisine. Its unique location allows guests to experience the best of Augusta.

Flacks Group was represented by Hodges Ward Elliott and advised by Blue Lotus Ventures in this acquisition. J.P. Morgan provided financing.

Switzerland-based GF Casting Solutions will invest more than $184 million in a new manufacturing facility in Augusta. The project will create 350 new jobs for Richmond County. This is the third announcement out of Augusta-Richmond County in the last two weeks – Syensqo, StandardAero, and now GF Casting Solutions.

GF Casting Solutions facility at the Augusta Corporate Park will produce cast aluminum parts, with a special focus on large structural components for the automotive industry. 

“Building a High Pressure Die Casting Facility is a very long-term investment. The new facility will complete our footprint to become truly global in the e-mobility market,” said Carlos Vasto, President of GF Casting Solutions. “We are looking forward to bringing leading technology to the US and to creating advanced manufacturing jobs for several generations in Georgia. The location is ideal for addressing the thriving automotive industry in the region.”

Operations are expected to begin in 2027.

StandardAero, an aircraft maintenance company, plans to expand its operation at Augusta Business Aviation’s MRO (maintenance, repair, overhaul) facility. The company recently began work on a $33 million upgrade that will create 90 new jobs.

Operating in Augusta since 1974, StandardAero currently supports more than 170 jobs in the area. The facility annually processes approximately 425 aircraft and 500 turbine aircraft engines for MRO service.

StandardAero will construct a new hangar and engine shop at 1150 Hangar Road adjacent to the Augusta Regional Airport. The expansion will add 80,500 square feet to the company’s footprint in Augusta.

StandardAero’s Chris Bodine added, “The new facility will add over 60 percent of new space to our existing footprint. The current facility was built in the 1970s, when aircraft were a lot smaller.” The expansion will allow the company to work on larger Dassault Falcon, Gulfstream, and Bombardier aircraft.