Bookmark and Share Business News in the South from The Randle Report

 

Sign up for Randle Report Daily Emails for all The South's Business and Political News Follow Randle Report on Facebook for Business News in the South Follow Randle Report on Twitter for all The South's Business and Political News

 

 
0
Likes

Chinese furniture maker that promised jobs in Danville, Va., closes for restructuring
DANVILLE— A Chinese furniture maker in Danville has closed for restructuring. GOK International has planned to bring 600 jobs to the city, with half of those filled by 2016. The Register & Bee reported that Linwood Wright of Danville's economic development department told local officials of the restructuring on Monday. Another company recruited by GOK's CEO will be taking over GOK's lease. Richmond Times-Dispatch
Submitted yesterday

5
Likes

Ten more Shining Examples of Economic Development that's working in the South
Each year SB&D uses its project capture data to feature markets in the South that are incredibly successful among their peers in job creation. Here are 10 markets in the South that were cited in our annual Ten Top 10s edition recently.
Submitted yesterday

4
Likes

FDI Surges in the South: Petrochemicals, automotive and aerospace lead the way
Foreign direct investment (FDI) and the incentives used to attract it played a huge role in the South's founding, as well as the nation's. Countries in Europe paid brave men and women over 400 years ago to hop onto leaky boats to sail to the New World in a quest for one thing: large financial profits. One of those ventures was the Virginia Company of London, a FDI venture launched by King James I who founded Jamestown. Today is no different than 400 years ago, except that there are a whole bunch of different countries investing in the American South. FDI has slowed somewhat since 2008, when foreign nations invested $310 billion, a record surpassed only by the $320 billion invested in 2000 in U.S.-based, foreign-owned business ventures. Southern Business & Development
Submitted yesterday

0
Likes

Ten exceptional Southern markets to locate your reshored traditional industry
One thing that has gone almost unnoticed in this reshoring event is that a large portion of projects coming back to the South and Mexico – the two preferred locations for reshored projects in North America – are less advanced manufacturing deals such as textiles, apparel, furniture and other general manufacturing. Here are 10 Southern markets that not only are outstanding locations for advanced manufacturing, their histories are also rich in some of the region's most traditional industries. Southern Business & Development
Submitted yesterday

0
Likes

Louisiana’s industry off to a fast start
Formed in the crucible of Louisiana’s hurricane recovery and the nation’s recession, LED FastStart® debuted in 2008 as a robust solution to help expanding employers assemble a well-trained workforce from day one. The results were stunning. Gardner Denver, a Fortune 1000 compressor and pump manufacturer, discovered FastStart’s bottom-line potential and reversed plans to close a Monroe, La., facility. Instead, the company closed a larger plant in Wisconsin and expanded in Louisiana, boosting Monroe employment from 70 to 300, including contract workers. Coordinating 30 product line transfers, FastStart ramped up the larger workforce and immediately improved Gardner Denver’s profitability. Southern Business & Development
Submitted yesterday

6
Likes

Ensuring a resilient Delta Region by training a skilled workforce
Throughout the history of the Mississippi River Delta region, one thing has always been constant: a hard-working people ardently dedicated to the land they call home. Since its emergence as an American economic powerhouse in the 19th century, the Mississippi River’s Delta region has experienced economic booms but also many busts. Economic, natural and social hardships and catastrophes have dotted the Delta’s history, such as the Civil War and agricultural mechanization but most recently the growing exodus of manufacturing jobs from America, Hurricane Katrina and the 2008 financial crises. In the face of all these hardships, however, the Delta region and its constant -- the Delta people -- have proven resilient, identifying lessons learned from what was lacking before and during these catastrophes and looking to the future as an opportunity to bounce back and emerge not only alive but stronger. It is through this resilience that the Delta and its leadership have made stronger the necessary infrastructure, social capital and intellectual capacity to weather the next storm. Southern Business & Development
Submitted yesterday

0
Likes

The Most Southern Place on Earth
In August of 2012, I got lost in the American South's Mississippi River Delta region. I had just visited with Sue McGowan, who heads up economic development in Paragould, Ark., and Kirkley Thomas, who does the same with the Electric Cooperatives of Arkansas. After my Paragould visit, I headed east. It was early evening on Wednesday, August 29, 2012, but the sun was shining bright on that summer day. I was traveling from Paragould to Blytheville, Ark., where I planned to stay the night, and the route took me through part of the Missouri Bootheel. I made a wrong turn and ended up on a dusty road. Regardless, I kept driving since I knew I was at least headed in the right direction, which was dead south. After a few miles I got out of my rental car just to take in the magnificent view of the flat-as-a-board land filled with crops in perfect rows. As far as the eye could see in every direction were soybeans, I think. They were all around me. In fact, the crops and the farmland were so vast I felt consumed by them. I was in the most rural -- maybe the most Southern -- place on earth, I thought. After driving 10 miles or more, I finally found a paved road and I continued on my trek to Blytheville. Southern Business & Development
Submitted yesterday

0
Likes

Innovation and collaboration are building a Work Ready Kentucky
Kentucky Work Ready Communities, considered one of the nation’s most innovative workforce development programs, is preparing a new generation of workers for success in a global economy. Developed by the Kentucky Workforce Investment Board (KWIB) in 2011 with input from business, education and economic development experts, the certification program is designed to transform local economies and give counties a competitive advantage in attracting new businesses and jobs. Southern Business & Development
Submitted yesterday

0
Likes

Nissan and Tennessee: A 30-year partnership unlike any other in North America's automotive sector
Texas, Kentucky and Tennessee are the only states in the Southern Automotive Corridor (SAC) that are home to both foreign and domestic vehicle assembly plants. Texas has GM and Toyota. Kentucky boasts Ford, GM and Toyota. Tennessee is a mammoth manufacturing base for Nissan, Volkswagen and GM. While Toyota operates dual headquarter operations in California and Kentucky, Nissan's only North American headquarters is solidly planted just south of Nashville in Franklin, Tenn. The Japanese automaker announced it was relocating its North American headquarters from Southern California to Nashville in 2005 and made the move official when it opened its shiny, metallic, 10-story, 450,000-square-foot building to employees in late 2010. SouthernAutoCorridor.com
Submitted yesterday

0
Likes

Clean energy: Is a boom coming in 2014?
The first quarter of 2014 may ease any worries about clean energy's future. After two years of annual declines, investments in clean energy worldwide jumped 9 percent year-over-year in the first quarter of 2014, according to data released Wednesday by Bloomberg New Energy Finance (BNEF), a London-based energy analysis firm. Solar power led the way with a 23 percent increase, more than offsetting a 16 percent decline in wind power. All told, investors spent $47.7 billion on renewables and energy efficiency in the first three months of this year. Christian Science Monitor
Submitted yesterday

1 ... 6 7 8 9 10 11 12 13 14 15 ... 8643

 

 

 

Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Reshoring manufacturing capacity from primarily Asia to the South and Mexico is now a common thing to do and it's all about money. When China joined the World Trade Organization in 2001, the average manufacturing wage in China's Pearl River Delta (PRD) was about 58 cents an hour.

 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.


 


 

 

ODEC
Southern Business & Development Southern Auto Corridor Small Town South Randle Report

Copyright ©2014 Randle Report
All of the South's Business News, Political News, and Economic Development News in One Place
Login