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Florida exports dip in value as a new key market emerges
Florida exports headed south – literally and figuratively – in 2014. The total value of the state's exports last year was $58.6 billion, according to a new report from the Department of Commerce's International Trade Administration. That was 4.4 percent lower than in 2013, when Florida's export shipments of merchandise totaled $61.3 million. Tampa Bay Business Journal
Submitted 53 minutes ago

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Johnson & Johnson could bring 700 jobs to Tampa area
TAMPA — State and Hillsborough County officials are working on a taxpayer-funded incentive package aimed at luring the pharmaceutical and consumer goods giant Johnson & Johnson to add upwards of 700 jobs here that would pay an average annual wage of at least $75,000. The project would establish a North American “shared services headquarters operation” in the county, and could represent an investment by Johnson & Johnson of $23.5 million, county records say. Tampa Tribune
Submitted 58 minutes ago

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3 tech firms to add 140 jobs in Arkansas
Three technology companies announced Thursday that they will add locations in downtown Conway, spending a total $2.5 million and creating a combined 140 new jobs. The companies are: Metova Inc., a mobile-app development company founded in Franklin, Tenn.; Atlanta-based Big Cloud Analytics, a predictive analytics software company; and Eyenalyze, a Conway-based company that develops software for use in the food service sector, the Arkansas Economic Development Commission said in a statement. Arkansasonline.com
Submitted 1 hour ago

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Southwest Airlines Offers Atlanta Unprecedented Perk
Southwest Airlines, the No. 2 carrier by passenger volume at Hartsfield-Jackson Atlanta International Airport, is offering the Atlanta market a perk normally reserved for the most elite travelers – a companion pass. The company called the promotion "historic." WABE.org
Submitted 1 hour ago

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Here's how N.C. stacks up for e-commerce fraud
North Carolina is in the middle of the pack — No. 25 among U.S. states and the District of Columbia – when it comes to e-commerce fraud, according to a recent report by Tel Aviv-based fraud-prevention company Forter. Charlotte Business Journal
Submitted 1 hour ago

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Volkswagen moves ahead on expansion at Chattanooga plant
Volkswagen's proposed Chattanooga engineering and planning center has found a temporary home as officials finalize a permanent site and prepare to start hiring more than 200 engineers. The center, a first for the German carmaker in the United States, is designed to bring VW closer to the tastes of American motorists and is part of the plant's $900 million expansion project. The center will be located temporarily in the former Eastside Utility District building off Discovery Drive near the VW plant. Chattanooga Times Free-Press
Submitted 1 hour ago

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Rick Perry attorneys request court to dismiss felony abuse charges
AUSTIN, TEXAS (NBC) - Attorneys for former Texas Governor Rick Perry asked an appeals court to dismiss felony abuse of power charges on Thursday. kgns.tv
Submitted 1 hour ago

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Bobby Jindal: 'We must repeal every single word of Obamacare'
OXON HILL, Md. -- At the annual Conservative Political Action Conference (CPAC), potential Republican presidential candidates competed to stand out with the most compelling criticism of President Barack Obama. NOLA.com
Submitted 1 hour ago

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Jindal tells GOP Congress to 'grow a spine' on DHS funding
OXON HILL, Md. (AP) — Louisiana Gov. Bobby Jindal on Thursday had a tough message for fellow Republicans who were wrestling with how to fund the Homeland Security Department: "Grow a spine." Yahoo.com
Submitted 1 hour ago

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What The FCC's Net Neutrality Ruling Means For You
In a landmark move Thursday, the Federal Communications Commission approved new rules supporting net neutrality. The regulations aim to ban Internet service providers (ISPs) from giving preferential treatment to companies that would pay extra to get their content to consumers. Huffington Post
Submitted 1 hour ago

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Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Just look around at what's happening in the aerospace industry in the American South. Aerospace is really making a move to become one of the region's top two industry sectors. It’s not there yet, but if large project counts are any indication, aerospace may soon challenge the petrochemicals sector as the second largest industry in the region. Never before has the aerospace industry been so important to the South's economy. Oh, what's the No. 1 industry sector in the South? Automotive is, of course. That industry hasn't been challenged much for 25 years in this region, or since we’ve been counting.

 

 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
If you have ever seen one of my presentations, then you know about the word "reshoring" and how that phenomenon has lifted the spirits of even the most skeptical Southerners regarding the future of the region's economy. After all, in the last four decades, manufacturing has suffered a bloodletting never before seen in U.S. history. The biggest factor behind the slow and long meltdown that began in the 1990s was the herd mentality to offshore manufacturing capacity to cheaper locales, primarily by U.S.-owned companies.
 


 

 

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