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TN's Ocoee whitewater pumps $43.8 million into local economy
Visitors who took whitewater rafting excursions on the Ocoee River last year pumped $43.8 million into the economies of the 30 counties that surround the river, according to an economic impact study released today. The Ocoee River, site of the 1996 Olympics rafting competition, was the most visited whitewater river in the United States in 2012. Chattanooga Times free-Press
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Are Americans Overly Confident About Entrepreneurship?
The Global Entrepreneurship Monitor, a yearly report funded by Babson College, concluded Wednesday that Americans are more bullish than ever about starting a business--even if their entrepreneurial ambitions will never materialize into the profitable business they believe it will become. Inc.com
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Norfolk Southern opens new Tennessee rail/truck terminal
Norfolk Southern Corp. has opened a $5.9 million rail/truck transfer terminal at 849 Tennessee Ave., giving companies that lack direct rail connections a way to access rail. The Thoroughbred Bulk Transfer Terminal will have 48 car spots capable of handling transfers of dry and liquid commodities such as flour, cornstarch and corn syrup and aggregates such as sand and cement between trucks and railcars. Chattanooga Times Free-Press
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TN pitches in to lure ProNova to Blount County
The state of Tennessee has provided hefty incentive packages to woo a German automaker and a Michigan chemical company. But outsiders aren’t the only companies that can pull cash out of Nashville — as a personal friend of the governor’s proved recently. Knoxville News Sentinel
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Cost of TN Uranium Processing Facility may be going up — again
OAK RIDGE, TN — The government has balked at giving a definitive price tag for the Uranium Processing Facility, instead using a series of escalating cost ranges — the most recent of which was $4.2 billion to $6.5 billion — during the big project’s planning and development over the past decade. Knoxville News Sentinel
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Get ready for the new American energy boom
Every U.S. president since Richard Nixon has espoused a policy to make America energy independent. Clearly, none has delivered, and realistically no government intervention could do so. Today, however, thanks to imagination, technology, and free enterprise, the United States stands upon the threshold of functional independence by the end of this decade. Want some good news? Check out the American oil and gas industry. Chattanooga Times Free-Press
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Florida Job Creators Give State Mediocre Grade for Small-Business Friendliness
Small-business owners may give Gov. Rick Scott high marks for his efforts to create jobs and encourage entrepreneurship, but they believe that even with the governor in their corner, Florida remains a mediocre market when it comes to small-business friendliness. Sunshine State News
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Bill Allowing Hotter Waste in Texas Passes House
Legislation that would allow hotter radioactive waste in a West Texas dump passed the House on Wednesday. Texas Tribune
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Oklahoma ranks 14th in business climate by Chief Executive magazine
Oklahoma is the 14th best state for business, according to a new ranking by Chief Executive magazine. The state rose three notches in the "Best & Worst States for Business" list from No. 17 last year. Tulsa World
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Boeing executives praise S.C. plant, challenge suppliers, rival
After a rainy start to Boeing’s annual investor conference this week, the clouds cleared in time for the company’s leadership to deliver a blue-sky report to match the Lowcountry weather. Post-Courier
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Features & Opinion

 

We thought this Top 10 was timely after hearing about Texas Gov. Rick Perry's radio ad campaign in the winter quarter that targeted California companies. In the ad, which ran on stations throughout the Golden State, Perry says, "Building a business is tough, but I hear building a business in California is next to impossible." With that in mind, here are ten great locations in the South for relocating California companies.

 

 

 FEATURE  
By Mike Randle
That headline represents the first eight words to the song titled "Mexican Radio" by the band Wall of Voodoo. The big hit from 1982 (No. 58 U.S. and No. 18 Canada) that was played about a dozen times a day on MTV in the music video era is awesome. The song was popular with the creative class (before anyone knew what the creative class was until Richard Florida told us), is often heard today on some of the most listened-to Internet stations such as Radio Paradise. Go ahead and buy some Mexican Coke at Sam's (that would be Mexican Coca-Cola), sit back, bring up "Mexican Radio" on YouTube and enjoy.
 

 

FEATURE     
By Mike Randle
Do you think it was a coincidence that after Airbus broke ground on its $600 million, 1,000-employee A320 plant in Mobile, Ala., on April 8, that Boeing topped that deal by announcing it would invest another $1 billion and add 2,000 workers at its new 787 Dreamliner plant in Charleston, S.C., just 24 hours later?
 
 
Editor's note: This article was the cover story of the latest edition of Southern Business & Development magazine, the parent company of The Randle Report. "It's good to be Nashville right now," said Nashville Mayor Karl Dean in a wonderful story about his city titled, "Nashville's Latest Big Hit Could Be the City Itself," published in the January 8, 2013 edition of The New York Times. The piece began with this: "Portland knows the feeling. Austin had it once, too. So did Dallas. Even Las Vegas enjoyed a brief moment as the nation's ‘it’ city. Now, it's Nashville's turn."
 


 

 

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