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Deal: Latvia-based manufacturer to create 150 jobs in Dublin
Gov. Nathan Deal announced today that Valmiera Glass, a Latvia-based manufacturer of fiberglass products, will locate to Dublin, creating 150 jobs and investing $20 million within five years into its first U.S.-based headquarters and manufacturing facility. wltz.com
Submitted yesterday

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Healthcare Jobs Now Outpace Retail, Manufacturing
A new interactive map issued by the Bureau of Labor Statistics illustrates that healthcare and social assistance are the combined largest employer in Texas and 33 other states, signaling a major shift from the retail and manufacturing industries. dmagazine.com
Submitted yesterday

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Advanced Manufacturing Expertise Key To Future
Nationally, manufacturing comprises about 12 percent of U.S. gross domestic product. Major cities across the country make up that total, naturally, and HSBC released a new report today showing how Chicago is one of those cities with manufacturing making up 90 percent of the state’s total exports, totaling $63 billion in 2012. Forbes
Submitted yesterday

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Autauga, Prattville look into tax refunds for economic development project
PRATTVILLE – Preserving a long running Prattville business has the Autauga County Commission and the Prattville City Council joining forces in floating an incentives program that includes sales tax refunds. Montgomery Advertiser
Submitted yesterday

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A pivotal moment for economic development
Fifteen million dollars rides on whoever Staunton hires to replace Economic Development Director Bill Hamilton, who retires next month. That’s how much the city paid for what is now known as Staunton Crossing, prime commercial land at Western State Hospital near I-81. The deal, which we still consider wise, was made in 2008. The economy has since tanked and the city has been unable to find the right developers for it. Newsleader.com
Submitted yesterday

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The U.S. Jobs Report: American Jobs May Finally Be On The Rebound
It’s the kind of economic news many have been looking for: The monthly jobs report from the U.S. Bureau of Labor Statistics showed that the U.S. economy added 288,000 nonfarm jobs in June. It was the fifth straight month of gains above 200,000—a run unmatched since the period of September 1999 to January 2000. At the same time, the unemployment rate fell to 6.1 percent, the lowest level since September 2008. Forbes
Submitted yesterday

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Beaufort County considers earmarking business fees for economic development
Some Beaufort County Council members want to create a new economic-development fund with the money local companies pay each year for business licenses. On Tuesday, the council's Governmental Committee proposed an ordinance that would direct about half of the county's business-license fees toward economic development. The rest would continue to go into the general fund. The proposal goes to the full council next month. The State
Submitted yesterday

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UCF adds $75M downtown campus, $15M parking garage to 5-year plan
The University of Central Florida has added a downtown Orlando campus to its five-year plan. Orlando Business Journal
Submitted yesterday

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Boeing to build 787-10 exclusively in North Charleston
Boeing Co. soon will assemble all three versions of the 787 Dreamliner at its non-unionized plant in North Charleston. The Chicago-based aerospace giant said Wednesday it will produce the 787-10 - the largest version of the popular, back-ordered commercial jetliner - exclusively at its factory beside Charleston International Airport. Post-Courier
Submitted yesterday

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Crayola Experience Orlando, 200 jobs coming to Florida Mall in 2015
ORLANDO -- Crayon manufacturer Crayola is building a family attraction in Central Florida, similar to the one it operates in its home state of Pennsylvania, and more could be on the way around the country. The company said Tuesday that Crayola Experience Orlando will open next summer at the Florida Mall, creating up to 200 jobs during the peak tourist season. Mynews13.com
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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