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Tech firm scouts Buckhead for HQ
A technology and marketing company plans to establish a regional headquarters in Atlanta, bringing 225 jobs to the city, Atlanta economic development officials said Thursday. Atlantic Journal Constitution
Submitted 3 years 37 days ago

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Virginia’s jobless rate falls to 5.3 percent in March
Virginia’s unemployment rate declined to 5.3 percent in March from 5.6 percent in February, the Virginia Employment Commission reported today. The rate was down from 5.9 percent a year ago in March. Richmond Times-Dispatch
Submitted 3 years 37 days ago

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Natural gas industry experiencing ‘paradigm shift’
There is tremendous upside potential for using liquefied natural gas as a transportation fuel over the next several decades, industry officials were told Friday on the closing day of a mega conference in Houston. The 17th International Conference & Exhibition on Liquefied Natural Gas brought together industry and government officials from around the world to discuss the past, present and future for LNG. Natural gas is an abundant resource in the U.S., and there is increased pressure on the government from firms to be able to convert the resource into LNG and export it to other countries. Fuel Fix
Submitted 3 years 37 days ago

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Site near Miami airport sold for $11M, distribution center planned
An investor from Illinois acquired a 20.5-acre site six blocks north of Miami International Airport and is considering the construction of a 400,000-square-foot distribution center. South Florida Business Journal
Submitted 3 years 37 days ago

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WhiteWave Foods Company Invests $69.8 Million In Mount Crawford, Virginia to Create 36 New Jobs in Expansion
The WhiteWave Foods Company, a consumer packaged food and beverage company with leading brands in plant-based foods and beverages, coffee creamers and beverages and premium dairy products, will invest $69.8 million to expand its operation in the town of Mount Crawford, Virginia, creating 36 jobs. Area Development
Submitted 3 years 37 days ago

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Health Diagnostic Laboratory, Inc Begins $25 Million, Second Phase, Expansion At Its Richmond, Virginia Facility
Health Diagnostic Laboratory, Inc. started on a $25 million, Phase II, expansion of its 283,000-square-foot complex that will house 400 additional employees. Area Development
Submitted 3 years 37 days ago

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Jacksonville unemployment falls under 7% in March
Metro Jacksonville’s unemployment rate fell below 7 percent in March. March’s not seasonally adjusted unemployment rate was 6.5 percent, down from 7.1 percent in February and down from 8.5 percent last year. Jacksonville Business Journal
Submitted 3 years 37 days ago

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CompuCom expands Louisville facility, will add 200 new jobs
LOUISVILLE, Ky.— Against a backdrop of hundreds of computers and the service personnel that make up its new technical operations center, CompuCom Systems, Inc. introduced today its new Louisville facility and its plans to grow operations at 10100 Linn Station Road. Lane Report
Submitted 3 years 37 days ago

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Kentucky gets more than $101 million in tobacco settlement money
FRANKFORT, Ky.-– As required under the 1998 Master Settlement Agreement (MSA) between the major tobacco manufacturers and 52 states and territories, Kentucky received its annual payment of more than $101 million in tobacco settlement money this week. Lane Report
Submitted 3 years 37 days ago

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Toyota Georgetown Plant to Start Production on Lexus ES 350 in 2015
Georgetown, KY – Toyota has announced its Georgetown plant will begin production on Toyota’s luxury line, Lexus, starting in 2015. Along with the approximately 50,000 Lexus ES 350s a year, Toyota announced Friday morning it will be adding 750 jobs and investing an additional $360 million in the facility. bizlex.com
Submitted 3 years 37 days ago

 

 

Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Urban areas have all kinds of assets that are easy to spot. They have the population, so the labor shed is not usually an issue. Urban areas are also connected by better roads, rail and air service and many have river and deep water ports. Usually Internet access and other forms of communication are more efficient in urban areas. And you have a larger array of quality of life options to choose from, such as the cultural assets found in metropolitan areas.
 

 Randle Report - Business News in the South

 FEATURE  
By Mike Randle
The belief that "80 percent of all new jobs come from existing business and industry" is an out-of-date, old-fashioned fabrication. I have no idea how it started, where it started, or who said it first, but there are professionals in economic development as well as leaders of government in the South who actually believe that each year, 80 percent (why 80 percent I don't know, either) of all new jobs are created by existing business and industry. I hear it all the time and I just roll my eyes. There is nothing static in economic development but this: 100 percent of all lost jobs come from existing business and industry. That, and of course 100 percent of the time site consultants never pay for a meal.
 

 Business News in the South - Randle Report

FEATURE     
According to Chinese theory, yin is a passive, negative force and yang is an active, positive force. Chinese philosophers believe that the opposing forces aren't really contradictory. Instead, they are interconnected and complimentary, interacting to create a balance in one's life. 
 
 Nashville Mayour Karl Dean
The Annie E. Casey Foundation's KIDS COUNT report was released in the summer quarter. I try to read it every time it comes out since I find it to be the best indicator of child poverty, a statistic everyone involved in economic development needs to be aware of. The Annie E. Casey Foundation is a charity that supports disadvantaged children. 
 


 

 

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