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CEB to invest $149.7 million in new headquarters, create 800 new jobs in Arlington
ARLINGTON, Va.-- Corporate advisory firm CEB is keeping its global headquarters in Rosslyn, and expects to add 800 new jobs in coming years. Continue reading State and local officials announced Monday that CEB, formerly known as the Corporate Executive Board, will invest $149.7 million to move to a new location in Rosslyn after conducting a multi-state search for a new headquarters. wjla.com
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Two Murfreesboro businesses set to receive $3M in economic development grants
MURFREESBORO – Two companies that agreed to relocate to Rutherford County will soon receive nearly $3 million in grants from the state of Tennessee following a key vote Monday morning by the Rutherford County Industrial Development Board. Daily News Journal
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Would Goodyear actually build its $500 million plant in Akron?
AKRON, Ohio -- It has been decades since a brand new rubber or tire factory opened in the nation's once-esteemed rubber capital. Upon announcement of a proposed $500 Goodyear tire plant a community in South Carolina is already claiming dibs and is preparing tax incentives. That is not discouraging Akron city officials from opening their doors and arms to Goodyear. Cleveland.com
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S.C. job picture distorted, expert says
State labor and supply data show there are almost as many job openings in Greenville County as there are unemployed people, suggesting there is work to be found but raising questions about job skills and worker training, economists said. Greenville News
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Hybrid Plastics to expand Mississippi manufacturing and workforce
Hybrid Plastics, a Hattiesburg nanotech manufacturer, recently announced plans to expand manufacturing capacity and workforce at its facility in the Hattiesburg-Forrest County Industrial Park. Hattiesburg American
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N.C. Senate proposes incentive fund to lure manufacturing companies
A measure proposed by N.C. Senate Republicans would provide substantial new financial incentives that could help close deals to bring large manufacturing companies to the state. jdnews.com
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GE Invests $5M In Mebane, NC Manufacturing Operations For New Jobs
GE’s Industrial Solutions business (NYSE: GE) is investing $5 million to strengthen its Mebane, N.C., operations, adding production and testing capabilities that enhance the customer experience. The investment builds on the company’s local footprint that was expanded in October 2013 with the grand opening of GE’s Power Equipment and Power Components global headquarters in Cary, N.C. Manufacturing.net
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Innovation Hubs Are Accelerating American Manufacturing
There’s a renaissance underway in American manufacturing. Even as rising wages and energy costs in China are leading more U.S. companies to bring manufacturing stateside, economic indicators point towards real industrial progress. The Institute for Supply Management’s monthly Report on Business shows that 15 of 18 manufacturing industries grew in June, and a composite index based on five industry indicators shows a steady expansion in manufacturing for the 13th consecutive month. Forbes
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Attracting manufacturing jobs still a target for St. Johns County
When people look back at the “good old days” of economic utopia in America, they’re often thinking about the 1950s and 1960s when jobs in manufacturing were increasing, along with wages and personal wealth. Florida Times-Union
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Stop inversions by restoring growth and job creation
As the United States continues its slow recovery from the Great Recession, a growing number of U.S. businesses are moving overseas or looking for ways to move overseas in order to take advantage of more competitive tax rates. This trend, known as inversion, and the jobs that will certainly follow, pose a grave threat to continued economic growth. The reason for the migration? The Hill
Submitted yesterday

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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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