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Dallas-Fort Worth developers spend $6B on construction in 2015
The Dallas-Fort Worth region saw a spike of construction activity in 2015, with a 35 percent growth in year-over-year spending that brought the investment of constructing new commercial real estate to $6 billion. That was enough for North Texas to rank as the No. 3 metro area in the United States based on construction investment. Dallas Business Journal
Submitted 3 days ago

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Austin Council nixes land sale that would have funded industrial park
Development of a planned city-owned green industrial park, known as the ReManufacturing Hub, is in flux after Austin City Council denied Thursday a $1.45 million property sale designed to fund the project. Austin Business Journal
Submitted 3 days ago

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Sole Supports Plans Hohenwald, Tennessee Manufacturing Plant
An innovator for foot correction, casting and manufacturing technology, Sole Supports will open a new manufacturing facility in Hohenwald, Tennessee. expanding its current operations. The foot orthotics manufacturer will invest $500,000 and create 54 new jobs in Lewis County. Area Development
Submitted 3 days ago

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Tourism leaders helping grow industry in Greenville
GREENVILLE, N.C. – State tourism leaders held an event Thursday to help Greenville business owners grow their customer base and tourists in the city. Wnct.com
Submitted 3 days ago

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Job fair at Fort Bragg for N.C. Information Technology department
Veterans and military personnel who will leave the service soon are invited to a job fair at Fort Bragg this month. The N.C. Department of Information Technology is holding the event to recruit new employees for the agency. The job fair is scheduled for 10 a.m. to 3 p.m., Friday, Feb. 19, at the Soldier Support Center off Normandy Drive. Fay observer.com
Submitted 3 days ago

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Kaman Aircraft Corporation Expands Its Jacksonville, Florida, Operations Hub
Kaman Aircraft Corporation, a global aerospace and industrial manufacturer and distributor, expanded its operations center in Jacksonville, Florida, with plans to ultimately create 200 new jobs. Area Development
Submitted 3 days ago

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Exclusive: TD Bank to add 300 jobs in Greenville
TD Bank is glad it arrived in Greenville by acquisition a little more than five years ago and plans to continue boosting its local footprint by adding 300 jobs over the next year, its chief executive told The Greenville News in an exclusive interview. The additional jobs will bring the bank very close to its previously-announced commitment to have 1,400 jobs at its regional service center along Interstate 85 in Greenville. Greenville online.com
Submitted 3 days ago

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North Charleston office project could yield more than 500 jobs
A Texas real estate developer has filed plans to build an office building in North Charleston for an unidentified company that’s looking to bring more than 500 jobs to the region. Dallas-based KDC is seeking permits on behalf of a previously disclosed economic development prospect code-named “Project Phoenix.” Post-Courier
Submitted 3 days ago

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Manufacturing Tops List of $4.2 Billion Investment in South Carolina
South Carolina won 150 economic development projects, totaling $4.21 billion in capital investment in 2015. These investments resulted in 17,280 jobs by new and expanding businesses. At the top of the list was the manufacturing sector which accounted for $3.6 billion in capital investment recruited, representing 86% of the annual total. Industryweek.com
Submitted 3 days ago

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Charlottesville area is fastest-growing for startup investment in U.S.
The Charlottesville area has been the country’s fastest-growing market for venture capital investment since 2010, according to a national report. The number of companies receiving venture capital funding, according to a report from the National Venture Capital Association, increased roughly 55 percent annually from 2010 to 2015, the highest growth rate of any market in the nation. The Daily Progress
Submitted 3 days ago

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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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