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Boeing moving defense work to OKC, St. Louis
Boeing will consolidate the majority of its defense services and support-related activities from Washington state to other locations in the U.S. as part of efforts to improve the competitiveness of its Boeing Defense, Space & Security unit. kwch.com
Submitted yesterday

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Boeing To Shift Defense Jobs From Washington To Other Locations In U.S.
Boeing Co. ( BA ) has decided to consolidate the majority of its defense services and support-related activities from Washington state to other locations in the U.S. as part of its efforts to improve the competitiveness of its Boeing Defense, Space & Security unit. nasdaq.com
Submitted yesterday

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Solar Power May Be Largest Source of Electricity by 2050
Solar power has taken a back seat to carbon- and nuclear-based energy. That could change by mid-century, according to the International Energy Agency (IEA). Solar power may become the primary source of electricity. 247wallst.com
Submitted yesterday

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More than 1,000 jobs up for grabs in Memphis area
MEMPHIS, Tenn. — In the Mid-South, more than 53,000 people are without jobs, according to the latest statistics from the U.S. Bureau of Labor Statistics. wreg.com
Submitted yesterday

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Asheville's Mission Health sheds 130 jobs
ASHEVILLE – Mission Health System has cut 130 jobs but the layoffs come under a reorganization that will ultimately add more workers, CEO Ron Paulus said. The company next year will end up with an increase of 147 jobs to handle growth in outpatient services, he said. Citizen-Times
Submitted yesterday

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Toyota picks Savannah's port for exports to Australia, New Zealand
The Georgia Ports Authority has doubled its Toyota export business as the company is now moving Highlander SUVs bound for Australia and New Zealand through the Port of Savannah’s Ocean Terminal. Savannahnow.com
Submitted yesterday

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That's The Randle Report for September 29, 2014
Join us again tomorrow morning for all of the American South's business, economic development and political news in real time and in one place. Use the sort buttons or the search window above to find your favorite stories from yesterday, last week, last month or last year. Click on the headline to access Southern Business & Development magazine.
Submitted yesterday

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AARP study: Older workers, retirees Florida's biggest economic generators
Floridians 50 or older make up just 38 percent of the state's population. Yet, despite being fewer in number, they have a bigger economic impact than younger residents here. The older generation generates 54 percent of the state's economic output, works in 58 percent of the state's jobs, and pays 67 percent of state and local taxes. It also accounts for 58 percent of total consumer spending, the chief driver to keep the economy churning. Those numbers — included in a report released today by senior advocates AARP and Oxford Economics — are part of a concerted effort to tout the value of Florida's so-called "Longevity Economy" and urge state leaders to do more to support and attract the 50-and-up set. TampaBay.com
Submitted yesterday

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Analysis: Jindal under fire in La. on health care
BATON ROUGE, La. (AP) — Gov. Bobby Jindal has been viewed as a health care policy wonk, and he’s tried to build on that image ahead of a likely 2016 presidential campaign, positioning himself as the candidate with substantive ideas. But his administration’s handling of health care matters at home could undermine his bonafides in the subject area and threaten his efforts to sell himself as a health care expert. Jindal’s former health secretary Bruce Greenstein was indicted last week for lying about his involvement in the awarding of a $200-million Medicaid contract, a deal the administration didn’t cancel for several years despite ongoing questions about Greenstein’s involvement. The Republican governor’s privatization of the LSU charity hospital system remains under scrutiny with federal officials who rejected the first set of financing plans for most of the deals and who continue to raise questions about the rewrite. The Washington Times
Submitted yesterday

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State of the Port: Georgia Ports Authority positioned for growth
After a year of record-breaking numbers and hard-fought battles for harbor deepening funding, Savannah’s port is positioned for significant growth and could eventually eclipse the ports of New York and New Jersey to lead the east coast, the executive director of the Georgia Ports Authority said Thursday. “We’ve eclipsed three million TEUs (twenty-foot equivalent container units). It’s time to look toward four,” said Curtis Foltz, delivering the 2014 Savannah State of the Port address. “It’s time to grow and become number one on the East Coast.” About 1,350 people attended Foltz’s address at Savannah’s International Trade and Convention Center on Hutchinson Island, just a stone’s throw from Garden City Terminal where cargo ships arrive and depart stacked high with multi-colored containers. Savannah Morning News
Submitted yesterday

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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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