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Charleston named No. 1 U.S. tourist destination for fourth year; No. 2 in world
For the fourth year in a row, Charleston has been named the No. 1 tourist destination in the country by readers of Conde Nast Traveler. The magazine's annual Readers' Choice awards were announced Monday, and the Holy City was again recognized as a top national and international destination, thanks to its historic sites, food and upscale hotels. Charleston was named the No. 2 destination in the world behind Florence, Italy, which took the top spot by a fraction of a point. Pilar Guzman, editor in chief of Conde Nast Traveler, called Charleston "the little city that could" when she appeared on CBS' "This Morning" on Monday to discuss this year's Readers' Choice awards. Post and Courier
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S.C. Gov. Nikki Haley's focus on jobs helped her weather problems
COLUMBIA, S.C. — Nikki Haley, who became South Carolina's first female governor in 2011, is widely favored to win re-election after sidestepping several first-term blunders and focusing on job gains that have burnished her image nationally as a Republican star. Polls suggest the 42-year-old daughter of Indian immigrants will capture a second term, four years after voters also chose her to become the state's first minority governor. A convincing victory in November is likely needed to help boost any political aspirations she has beyond the governor's office. Already she has become a familiar figure on the national stage, speaking at the 2012 Republican National Convention and campaigning for others including past GOP presidential nominee Mitt Romney. She's also has a 2012 memoir and book tour behind her. The State
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Aerospace-related plant to create 400 jobs in S.C.
A manufacturer of large titanium and super alloy forgings for the aerospace and power generation markets will open a plant in Dillon County, creating more than 400 new jobs over the next five years. The new factory for Wyman-Gordon, a subsidiary of Fortune 500 company Precision Castparts Corp., will house multiple, post-forging operations, ranging from heat treating to machining, delivering a more streamlined process to improve customer service. Company officials said they chose the Caldwell Drive site for the new 60-acre plant near the juncture of Interstate 95 and S.C. Highway 34, just outside Dillon, because of its proximity to Wyman-Gordon's customer base and South Carolina's growing aerospace industry. "We were attracted to the overall business environment in South Carolina," Greg Paolini, vice president and general manager at Wyman-Gordon, said in a statement. "Our new facility will be located in the center of a rapidly growing aerospace sector with easy access to highways, ports, and, most importantly, many of our customers." Post and Courier
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New Volkswagen production Chattanooga's 'ticket to the future'
Volkswagen's new innovative way of assembling cars, including its planned midsize sport utility vehicle, assures the growth of the Chattanooga plant, an official said Friday. "The SUV opens more doors than simply a new vehicle. It's our ticket to the future in Chattanooga," said Ian Davies, VW Group of America's general manager for product purchasing and supplier readiness. The production platform enables VW to design and produce a variety of vehicles by sharing parts among them. It will provide more production opportunities for the plant as well as possible added business for suppliers, Davies said. Chattanooga Times Free Press
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Koch expansion to add 80 jobs in Gadsden, Ala.
The Gadsden City Council on Tuesday approved non-education tax abatements for a $6 million expansion of Koch Foods that will add 80 jobs early next year. Koch Complex Controller Terry Stephens told the council the company hopes to complete the expansion by January. He said the plant, which was purchased from Tyson in 2007, processes about 2 million chickens every five days. With the expansion, he said, about one-fourth of the plant’s production will be used for “valued added” products. “It allows us to get into a much more diverse product line,” Stephens said. Gadsden Times
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N.C. jobless rate edges downward to 6.7 percent
North Carolina's seasonally adjusted unemployment rate was 6.7 percent in September, dipping from 6.8 percent in August, according to data released Tuesday by the N.C. Department of Commerce. A year ago, North Carolina's jobless rate was 7.7 percent, the department noted. The number of people employed statewide decreased by 5,622 in September to a total of 4.34 million individuals in the North Carolina labor force. Charlotte Business Journal
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Onshoring assisting U.S. furniture industry turnaround
The U.S. furniture industry is starting to rebound from the recession in terms of sales and orders, according to a new report. Still, manufacturers and retailers continue to face challenges, including the sluggish economy, worker shortages, rising labor costs, and shifting consumer buying preferences, according to the report from Anderson Bauman Tourtellot Vos, a turnaround management firm based in Greensboro. The report also noted the trend of on-shoring among manufacturers, noting several reasons for bringing operations back to the U.S., including proximity to customers, access to skilled labor, transportation costs and supply-chain lead time. Triad Business Journal
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New Badcock distribution center in LaGrange, Ga., to employ 100
Furniture retailer W.S. Badcock Corp. will build a 535,000-square-foot regional distribution center in LaGrange that will employ more than 100 people. Badcock, one of the largest privately held furniture retailers in the United States, is investing $22 million in the project, according to Gov. Nathan Deal's office. "Badcock's new regional distribution center is an excellent addition to Troup County," Deal said in a press release announcing the project. "This expansion is a testament our state's top-ranked business climate, and I have no doubt that Georgia's skilled workforce and globally recognized logistics infrastructure will support future growth and success." Atlanta Business Chronicle
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Get Set For The Solar Eclipse
It's already been a big week for skywatchers, and more celestial fun is on the horizon. On Tuesday, skywatchers were treated to the annual Orionid meteor shower. And now a spooky partial solar eclipse will darken skies for viewers across North America on Thursday, Oct. 23. Huffington Post
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Texas Gov. Rick Perry's Response To Ebola Under Scrutiny
Texas Gov. Rick Perry (R) was quick to criticize the federal government for its initial response to Ebola. But now his administration is facing questions as to why two health care workers who contracted the disease from a man who flew from Liberia to Dallas were allowed to freely travel out of the state without any restriction. Huffington Post
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Features & Opinion

 Top Ten Places in the South for Relocating California Companies

The America South is home to almost as many residents as the Northeast and the Midwest combined, but even that statistical record is about to be broken. According to a new Census Bureau study that came out in April, 51 percent of the nation's population jump occurred in the South from 2010 to 2013.
 

 Randle Report - Business News in the South

 FEATURE  
By Stacy Randle
Demographer Wendell Cox recently analyzed the largest gains in holders of bachelor's and post-graduate degrees between 2007 and 2012 in the 51 metro regions in the U.S. of 1 million residents or more. The results were published in Forbes magazine and the South dominated the ranking.
 

 Business News in the South - Randle Report

FEATURE     
This is our annual "Made in the South" issue and it's timely because there is a new player in the South's manufacturing universe. For almost two decades, economic developers and politicos in the South and the U.S. have been chasing Chinese projects with little or nothing to show. Want proof we've been chasing ghosts in China for years? Okay, go ahead and name a Chinese brand that's made in the South? Tick. . .tick. . .tick. Give up?
 
 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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