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Charleston SC airport’s finances in shape ahead of $200 million renovation
Charleston International Airport is in “very good shape” financially as it prepares for a nearly $200 million makeover of its aging terminal. That’s the assessment Airports Director Sue Stevens gave Tuesday in her year-end review of Charleston County Aviation Authority.
Submitted 2 years 236 days ago

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The New New Orleans: Life Takes A New Direction After Katrina
Until Hurricane Sandy slammed into New York and New Jersey in October, New Orleans was perhaps the biggest urban natural disaster story the country had ever seen. Seven years after Hurricane Katrina, the city has gotten back on its feet, regrouping after the storm of a lifetime. Now, New Orleans isn't just rebuilding what it was before. It's beginning to move forward. Across, the city, new people, places and points of view are adding flavors to an already rich gumbo. People who weren't in New Orleans before Katrina are helping to craft the city's future. And places that have been derelict since the storm, and even before it, are coming back to life. gadling.com
Submitted 2 years 236 days ago

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Premature birth report: Louisiana gets F
The March of Dimes Tuesday issued a grade of F to Louisiana for having too many premature births. The three factors measured on the March of Dimes 2012 Premature Birth Report Card are: smoking among women of child-bearing age, uninsured women and late premature births, meaning births between 34 and 36 weeks, according to a March of Dimes news release. The Advocate
Submitted 2 years 236 days ago

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Louisville IT service provider to expand, create 30 new jobs
FRANKFORT, Ky.-– ConeXus World Global LLC plans to expand operations in Louisville, add 30 new, full-time jobs and invest $1.8 million in the project. Lane Report
Submitted 2 years 236 days ago

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Dennen Steel Opens First Southern U.S. Plant
Dennen Steel cut the ribbon on its steel stamping facility to serve the Southern USA market. Mississippi Governor Phil Bryant cut the ribbon on the new $7 million facility. mbtmag.com
Submitted 2 years 236 days ago

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Democratizing manufacturing, minus the people
It's not time yet to pay tribute to our new computer overlords -- even futurist Ray Kurzweil doesn't believe artificial intelligence will reach human-level aptitude until 2029. But manufacturing workers should start pondering whether smart machines and new manufacturing processes leave much room for them on the assembly line. Los Angeles Times
Submitted 2 years 236 days ago

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Expect 200-plus manufacturing jobs in Palm Beach
On the heels of being approved for a $4.79 million economic incentive package, Pratt & Whitney is expected to announce Thursday that it will add 230 jobs at its manufacturing plant in northwestern Palm Beach County. Sun-Sentinel
Submitted 2 years 236 days ago

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Kimray expands Houston distribution space, looks to international markets
Kimray Inc., a valve and control equipment manufacturer for the oil and gas industry, has plans to begin construction on a new, expanded distribution and office space in Conroe in part to take advantage growing international markets. Houston Business Journal
Submitted 2 years 236 days ago

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Duke Energy's legal team scoffs at AG's plea
The state Attorney General put on its public case Tuesday charging that a 7.2 percent rate increase approved for Duke Energy should be thrown out on the grounds that it’s causing a public hardship in the midst of a prolonged economic downturn. News Observer
Submitted 2 years 236 days ago

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Amazon now ships wine to N.C.
Amazon has added wine to its online market and North Carolina is one of the few states on their ship and sip list. News Observer
Submitted 2 years 236 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 Stacy Randle
Demographer Wendell Cox recently analyzed the largest gains in holders of bachelor's and post-graduate degrees between 2007 and 2012 in the 51 metro regions in the U.S. of 1 million residents or more. The results were published in Forbes magazine and the South dominated the ranking.
 

 Business News in the South - Randle Report

FEATURE     
After I finished the cover story for this issue, I read an interesting article by economist Paul Krugman, the op-ed columnist for the New York Times, titled, "Partying like it’s 1995." Generally I side with Krugman, even though I am a journalist, not an economist. Occasionally, though, I read some of his stuff and ask myself, "What planet did Krugman come from?" Like when he predicted a shift of automotive assembly to Canada after Toyota announced a new plant in Woodstock, Ontario in 2005 because of "free healthcare," among other benefits. That Toyota deal was the last major automotive assembly plant announced in Canada and I predict it will be the very last one for the Canadians.
 
 Nashville Mayour Karl Dean
If you have ever seen one of my presentations, then you know about the word "reshoring" and how that phenomenon has lifted the spirits of even the most skeptical Southerners regarding the future of the region's economy. After all, in the last four decades, manufacturing has suffered a bloodletting never before seen in U.S. history. The biggest factor behind the slow and long meltdown that began in the 1990s was the herd mentality to offshore manufacturing capacity to cheaper locales, primarily by U.S.-owned companies.
 


 

 

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