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Federal court upholds Obama EPA’s climate change regulations
A federal appeals court has upheld Environmental Protection Agency (EPA) greenhouse gas regulations, a victory for the Obama administration that’s also sure to inflame election-year political battles over the White House green agenda. The Hill
Submitted 2 years 32 days ago

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MO Gov. Nixon Joins Automotive Parts Supplier Groundbreaking
LIBERTY - Gov. Jay Nixon today helped break ground on a new $42 million facility in Liberty that will assemble automotive parts to be used in the new Transit van being built at the Ford Motor Co. Kansas City Assembly Plant in Claycomo. The project by LMV Automotive Systems, a part of Magna International, will create 156 local jobs, the Governor said, and is the latest example of Missouri's resurgent auto industry sector. Southern Governor's Association
Submitted 2 years 32 days ago

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OECD: United States Losing its Edge in Innovation
The United States is losing its edge in innovation, and needs to implement strong pro-innovation policies as well as education reform "to maintain its status as the world's most vibrant and productive economy." Industry Week
Submitted 2 years 32 days ago

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Why is Tennessee a Hotbed for Manufacturing?
A lot of big-name companies are flocking to Tennessee. Within the past year, Volkswagen AG (IW 1000/10) opened a $1 billion plant in Chattanooga, and Nissan Motor Co. (IW 1000/29) announced it will be building Mercedes-Benz engines for the first time in the United States. Industry Week
Submitted 2 years 32 days ago

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The American Dream Is Now a Myth: Joseph Stiglitz
Once seen as the land of opportunity, the U.S. today is grappling with rising inequality and a political system that benefits the rich at the expense of others, resulting in lower growth and risking the death of the American dream, according to Nobel prize-winning economist Joseph Stiglitz. CNBC
Submitted 2 years 32 days ago

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Economic Forensics: Who Actually Destroyed The Middle Class?
The difficulties experienced by the great middle in the U.S. can be, in my opinion, traced to the delinking of the U.S. dollar from gold in 1971. Now, I know a lot of people are going to say that is ridiculous. But, one reason I say that is, even by the U.S. government’s own statistics, the income of the median full-time male worker begins to stagnate at exactly that point, after rising by huge amounts during the 1950s and 1960s. Forbes
Submitted 2 years 32 days ago

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Crowdsourcing a New Report On Government Job Destruction
When the government issues the June employment report on July 6th, the one data point that will be missing is the number of jobs that have been lost – or never created – because of government regulatory, tax and monetary policies. Given that government spending and regulations now control more than 50% of the U.S. economy, these data may be the most important of all for understanding what is keeping the unemployment rate above 8%. Forbes
Submitted 2 years 32 days ago

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South Carolina gas falls below $3 a gallon
Gas prices continued their nationwide decline on Tuesday, as South Carolina became the first state in nearly a year and a half to hit an average of less than $3 per gallon. CNN
Submitted 2 years 32 days ago

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Richmond, Ky. plant to close
Intertape Polymer Group announced Tuesday that it will close its Richmond plant. The company said in a statement that the plant on Enterprise Drive will be closed "in part due to productivity improvements in other production facilities." Lexington Herald-Leader
Submitted 2 years 32 days ago

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German eco-wall manufacturer abandons Greensburg, NC plan
HIB, a German eco-wall manufacturer that was to add a site at Greensburg's industrial site, no longer plans to move into the community. Wichita Business Journal
Submitted 2 years 32 days ago

 

 

Features & Opinion

 Top Ten Places in the South for Relocating California Companies

In growth, companies find themselves in the dilemma of identifying capital to increase capacity and managing opportunity cost where capital may be deferred. This dilemma is amplified as capacity constraints drive a company to complete the site selection process for an expanding or new facility. 
 

 Randle Report - Business News in the South

 FEATURE  
By Dr. Glen Fenter
Desperation sometimes masks itself in acceptance. Such was the case for Takelia Carter of Marion, Ark. For Carter, the mother of six school-age children in a low paying job, desperation was normative existence. This was her life in Crittenden County, Ark., deep in the Delta where unfortunately one in four families lives well below the poverty level.
 

 Business News in the South - Randle Report

FEATURE     
By Mike Randle
There are numerous factors driving the new industrial revolution in the South. And it is a revolution, as this manufacturing surge that began in 2007 continues to break records year after year in the total number of large, capital intensive projects. One factor, of course, is that reshoring of facilities back to the U.S. continues to grow each year.
 
 Nashville Mayour Karl Dean

We try to change up the categories in our annual Ten Top 10s section, but we always include the "Ten People Who Made a Difference" category. This year though, we are honoring 12 and you will learn why by reading about this group of folks who have made a difference in the South. Here is our annual list that includes executives, economic developers and politicians who have made a difference in the South's economy.


 


 

 

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