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State of play: Any megasite's future hinges on the N.C. General Assembly
GREENSBORO, N.C. – For three months we’ve been reporting on efforts to develop industrial megasites in Randolph and Chatham counties. Chatham has many advantages over the site that borders Guilford County in Liberty. Opponents of the Liberty site say they’d never sell their land. And they believe the Chatham site is ideal because two major landowners are eager to get the process going. But there’s one hitch for both: the state will likely have to spend more than $50 million to develop either site. “It doesn’t matter if it’s Liberty or Siler City,” said Darrell Frye, the vice chairman of the Randolph County Commissioners. Any of the state’s economic development incentives may simply vanish if Gov. Pat McCrory makes changes in the state’s priorities, he said. And although it’s a fight to buy land in Randolph, even an easy sale in Chatham has its cost. “That has to be bought also,” Frye said. “That ain’t free land.” Greensboro News-Record
Submitted 10 hours ago

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Boeing SC delivering first 787 since grounding today?
Boeing South Carolina appears to be handing over its first 787 Dreamliner since the Federal Aviation Administration grounded all the planes, halting deliveries, in January. As of Wednesday morning, an Air India jet was parked outside the North Charleston plant’s delivery center. And according to the flight-tracking website FlightAware, an Air India 787 is scheduled to fly from Charleston International Airport to Frankfurt, Germany sometime after 3 p.m. this afternoon. That’s where previously delivered Air India 787s flew before continuing on to South Asia. Post and Courier
Submitted 11 hours ago

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Connecticut firearms manufacturer coming to Horry County, S.C.
CONWAY — Connecticut firearms manufacturer PTR Industries will announce Monday that it has decided to move its operation to Horry County.The formal announcement is to be made at a 2:30 p.m. ribbon cutting ceremony at an industrial building in the Cool Springs Business Park.Mark Lazarus, Horry County Council chairman, said at the conclusion of Tuesday night’s Council meeting that the ceremony would be attended by Gov. Nikki Haley, U.S. Rep. Tom Rice, R-Myrtle Beach, much of the county’s legislative delegation and County Council members.“I’m excited to get it to this point,” Lazarus said after the Council approved a resolution setting out the terms for the company’s move to Horry County. “I’m excited that after many years we will have a tenant in Cool Springs Park. Myrtle Beach Sun-News
Submitted 11 hours ago

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Poll: Florida Gov. Rick Scott getting less unpopular


Submitted 11 hours ago

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Giant Birthday Cake to be Served During the West Virginia's 150th Birthday Celebration
CHARLESTON, W.Va. - June 20, 2013 -- Gov. Earl Ray Tomblin today announced details of the giant birthday cake to be served during the birthday celebration at the State Capitol later this week. The main cake will be a detailed replica of the State Capitol building. The structure is 8 feet long, over 3 feet tall, and decorated with nearly 900 pounds of fondant icing. Over 15,000 pieces of birthday cake will be served Thursday, Friday, and Saturday in the Great Hall of the Culture Center. "This is a big birthday for the State of West Virginia, so we're having a cake that fits the occasion," said Governor Tomblin. "Joanne and I are looking forward to enjoying it with West Virginians from all corners of the state. Come hungry!" The structure underlying the Capitol replica was built by a father-and-son team of Culture Center employees, David and Darren Husband. The detailed icing and baking was done by Sara Lane of Cross Lanes. West Virginia Governor's Office
Submitted 11 hours ago

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STOCKS CRUMBLE AND RATES SURGE AFTER BERNANKE SPEAKS: Here's What You Need To Know
It's the day everyone's been waiting for: Fed day. First, the scoreboard: Dow: 15,112.6 -205.5 -1.3% S&P 500: 1,628.9 -22.9 -1.3% NASDAQ: 3,443.2 -38.9 -1.1% And now, the top stories: Business Insider
Submitted 11 hours ago

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Fed Outlines Timeline for Winding Down Stimulus
WASHINGTON — The Federal Reserve chairman, Ben S. Bernanke, said on Wednesday that the central bank intended to reduce its monetary stimulus later this year — and end the bond purchases entirely by the middle of next year — if unemployment continued to decline at the pace that the Fed expected. New York Times
Submitted 11 hours ago

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Early proxy statement sheds light on Smithfield deal
In the last-minute haggling before Smithfield Foods Inc. and Shuanghui International Holdings Ltd. agreed to the takeover of the pork company, one issue was non-negotiable. The Virginian-Pilot
Submitted 11 hours ago

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Kentucky Might Not Be Such a Bad Place to Start a Moving Business After All
Efforts to upend regulations governing the taxi and limousine business get plenty of attention. Less noticed: The same century-old legislative tradition that brought cabbies into state regulatory regimes requires moving companies in many states to obtain licensure. Businessweek
Submitted 11 hours ago

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Surviving the Next Gulf Oil Spill
FAIRHOPE, Ala. — DOWN here on the Gulf of Mexico, the air is heavy with expectation as we await the arrival of billions of dollars in fines from companies involved in the BP oil-well blowout, which spewed millions of gallons of oil into the gulf over three months in 2010. New York Times
Submitted 11 hours ago

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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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