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Governor Rick Scott announces 1600 new jobs coming to Orange County
MAITLAND, Fla. -- Governor Rick Scott announced Roseland, N.J. based human resource and payroll processing company, ADP, has decided to stake a large claim in the Orlando metropolitan area. Firstcoastnews.com
Submitted yesterday

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Gov. Haslam announces 500 new jobs coming to Bristol
Tennessee Gov. Bill Haslam and Community Development Commissioner Randy Boyd along with Teleperformance officials announced Wednesday that the company will expand in Bristol, Tenn. Teleperformance will have around 500 new jobs coming to its operation in Bristol over the next five years. There are already approximately 700 employed at the location. Wcyb.com
Submitted yesterday

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Amazon confirms plans to bring 1,500 jobs to new distribution center on Jacksonville's Northside
In a prepared statement, Amazon officials announced from their headquarters in Seattle, Wash., that the company is planning to build an 800,000-square-foot distribution center in Jacksonville. The Florida Times-Union
Submitted yesterday

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Mobile wins $14.4 million for Broad Street improvements
Persistence pays: On its third try, Mobile has landed a federal transportation grant that will pay for more than $14 million in improvements to Broad and Beauregard streets downtown. Mobile has tried twice previously to win a TIGER grant from the Department of Transportation. The first two years, the application focused specifically on Broad Street, under the rubric "Bring Back Broad." This year, according to George Talbot, director of communications for Mayor Sandy Stimpson, the city broadened its plan to include Beauregard Street and filed it under the title "One Mobile," Stimpson's campaign slogan. AL.com
Submitted yesterday

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Gwinnett facility hiring 300
A California-based online company has started hiring for 300 positions at a distribution center in Duluth. ThredUP, which had a ribbon-cutting attended by a number of government officials on Tuesday, picked the Gwinnett location as its fourth such center, this one aimed at providing a gateway to the southeast, said John Voris, the company’s chief operating officer. Atlanta Journal Constitution
Submitted yesterday

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O’Connor: Boeing expansion highlights success of incentive programs
The aerospace industry continues its expansion in Oklahoma City, as Boeing recently held a ribbon-cutting at a new facility on its campus near Tinker Air Force Base. The $80 million, 290,000-square-foot engineering, research and development laboratory building will be the new headquarters for the company’s Global Services & Support Aircraft Modernization and Sustainment division. The expansion comes as Boeing celebrates its 100th birthday. Journalrecord.com
Submitted yesterday

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Alabama’s aerospace industry soars, becomes economic powerhouse for state
ORANGE BEACH, Ala. — With a string of successes, Alabama’s aerospace industry is now growing at a rate that could position it to one day challenge agriculture, automotive manufacturing and tourism for the title of the state’s largest engine of economic activity. Yellowhammernews.com
Submitted yesterday

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Horry County receives nearly $10 million for railroad improvements
A federal grant totaling nearly $10 million was awarded Tuesday to Horry County to pay for upgrades to the area’s railroad lines that began carrying commercial freight in April. The grant from the U.S. Transportation Department was announced by Republican U.S. Rep Tom Rice, who represents the 7th Congressional District that includes Horry County. “With this new funding, freight can travel more quickly and efficiently through Horry County, allowing businesses in our district to be more competitive while reducing the price of goods for residents,” Rice said in a statement. Myrtlebeachonline.com
Submitted yesterday

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$450M Expansion at ExxonMobil Beaumont refinery to add 40,000 barrels
ExxonMobil on Tuesday announced a $450 million expansion to its Beaumont refinery that would increase capacity by 17 percent and create five new jobs, but not meet predictions that the refinery might double in size. 12newsnow.com
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Health care staffing firm expands offices, adds jobs after landing incentives
CHG Healthcare Services expanded its office space in Fort Lauderdale under a plan to add 150 jobs in exchange for public incentives. That’s one of seven recent leases in BayView Corporate Tower brokered by Cushman & Wakefield. South Florida Business Journal
Submitted yesterday

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Features & Opinion

 Randle Report - Business News in the South

For those who still languish over "losing to China" or believe that the economy is still in recession, wake up and smell the data. Economic development in the South was about as good as it gets in calendar year 2015 according to the data. And as for China, borrowing a quote from the late football coach Bear Bryant that he made in the half-time locker room down 15-0 to Georgia Tech in 1960, "We got 'em right where we want 'em." For those of you who don't know the rich history of Alabama Crimson Tide football, Bama scored all of its 16 points in the fourth quarter, kicking a field goal on the last play of the game to beat Tech 16-15.
 

 Randle Report - Business News in the South

 FEATURE  
By Mike Randle
Today, factories in the U.S. make twice as much product as they did in 1984. And they are doing it with one-third of the manufacturing workforce. In fact, the output of durable goods in 2015 was the highest in the nation's history. So, we do have a strong manufacturing base, at least in the South, much of the Midwest and parts of the West, and it is getting stronger because on a cost-basis, we can compete with any major manufacturing nation in the world.  
 

 Randle Report - Business News in the South

FEATURE     
The argument for or against a minimum wage hike continues between the reds and the blues, as well as within the economic development community in the South. Should we stay the course with a minimum wage under $8 an hour to better compete with Mexico, the South's biggest competitor for jobs, or set a minimum wage just over $10 an hour, a wage floor most centrists support? That $10 per hour is, according to the MIT Living Wage Calculator, about right in most states in the South for one adult to be able to cover basic expenses plus all relevant taxes.
 
 Randle Report - Business News in the South
Recent data from the Computing Technology Industry Association (Comp TIA) showed that the technology industry is one of the fastest growing job generators in the South and the nation. The report also indicated that technology job compensation is growing faster than any other sector.
 


 

 

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