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Tenn. Sen. Lamar Alexander puts forward NLRB reform bill
U.S. Sen. Lamar Alexander, alongside Senate Republican Leader Mitch McConnell (R- Ky.), introduced a bill Tuesday to reform the National Labor Relations Board. Alexander told reporters Tuesday the legislation aims to make the NLRB “an umpire rather than an advocate” in labor disputes. The bill, the “NLRB Reform Act,” targets ending “partisanship” on the board, encouraging timely decisions and reining in activist NLRB general counsels. Alexander’s bill would increase the NLRB board from five members to six, requiring three Democrats and three Republicans (a majority of 4 would be needed to make a decision). Nashville Business Journal
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Mistic reshores production to N.C. plant
Mistic said Monday it has completed the transition of its electronic cigarette production from overseas to a North Carolina plant. It said it is sourcing nicotine liquid production from Purilum LLC, which is based in Greenville. That includes filling and assembling of its Mistic brand of cartridges, as well as the bottling and filling of its Haus branded nicotine juices. Earlier this year, Mistic said it was moving production from China to Purilum’s manufacturing plant. Each Mistic cartridge is individually capped at both ends, and available in three-, five- and 10-pack refills that are vacuum-sealed in tamper-proof blister packs, and encased in an outer packaging with a heat-sealed plastic wrapping. Winston-Salem Journal
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Charlotte-based Duke Energy plans surge in solar power generation
Duke Energy plans to spend up to $500 million on expanding its solar power presence in North Carolina, including owning what would be the largest solar farm east of the Mississippi River. The utility said Monday that the 65-megawatt facility would be in Duplin County. The developer is Strata Solar of Chapel Hill, which has the leading solar farm presence in North Carolina. Altogether, Duke said it would own three solar farms with a combined energy capacity of 128 megawatts, as well as purchase the combined 150-megawatt capacity from five solar farms. All but one of the solar farms would be based on eastern North Carolina. Winston-Salem Journal
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Auto supplier expanding in Floyd County, Ga.
A subsidiary of Neaton Auto Products Manufacturing Inc. will invest $8 million to expand a plant in Floyd County and create 50 jobs. Neaton Rome Inc., which currently employs 450, is a provider of airbags, steering wheels and interior/exterior plastic trim to automakers. As part of the expansion, the company is adding four injection molding presses at the Rome plant used to mold plastics. According to the Governor’s Office, which announced Neaton Rome’s planned expansion, there are more than 250 automotive manufacturing plants in the state, employing nearly 18,000 people. AJC.com
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The Poverty Rate Just Declined for the First Time Since 2006
The percentage of Americans living in poverty declined year-over-year for the first time since 2006 last year, according to a report released Tuesday by the United States Census Bureau. 45.3 million Americans, or 14.5% of the population, lived below the poverty line in 2013, down from 15% in 2012. The percentage of children under the age of 18 living in poverty declined to 19.9% in 2013, down from 21.8% the preceding year. It was the first recorded drop in childhood poverty since 2000. The officially defined poverty threshold for a family of four in 2013 was $23,834. Time
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Forbes: Raleigh is No. 1 for attracting families
Raleigh is the No. 1 city in the U.S. for attracting families, according to a recent analysis by Forbes. The rankings are based on demographic data on the increase in the number of children aged 5 to 14 and the number of children aged 5-14 per capita. "We picked this age range because it encompasses when parents often move due to such issues as school quality, the cost of housing and long-term economic security," Forbes says. The top 10 "Baby Boomtowns" are as follows: Triangle Business Journal
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Auto industry in the Southern Automotive Corridor struggles to find right workers
The auto industry’s current upswing isn’t making it any easier to find talented workers, the U.S. president of a major supplier company said in Greenville today. Mike Mansuetti, president of Robert Bosch LLC, the U.S. arm of the German conglomerate, was at Clemson University’s International Center for Automotive Research to help name the first recipient of a Bosch-funded scholarship. “Right now we’re worried about making everything that we can produce,” Mansuetti told The Greenville News during a brief interview. One challenge, however, is finding skilled workers such as electrical engineers and computer scientists, he said. Greenville News
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Computershare Inc. Plans Louisville, Kentucky, Operations Center
A firm that specializes in financial services and investor communications, Computershare Inc. plans to open a facility in Louisville, Kentucky. Area Development
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Fertilizing Growth: Agricultural Inputs and Their Effects in Economic Development
Agriculture’s role in the process of economic growth has framed a central question in development economics for several decades. While arguments differ regarding the specific mechanisms through which agricultural productivity increases might contribute to structural change in the economy, it has long been theorized that advances in the agricultural sector can promote shifts in labor to higher productivity sectors that offer higher real incomes. Brookings Institution
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$300M national manufacturing bill clears hurdle
WASHINGTON – President Barack Obama's goal of establishing a national advanced manufacturing network to develop commercial applications for new technology could get a financial boost from Congress by the end of this week. Star Gazette
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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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