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Baltimore pitches 400-job PayPal center that Charlotte lost over HB 2
Baltimore County is making its pitch to PayPal. County Executive Kevin Kamenetz is looking to land the online payment giant's planned 400-person global operations center after the company pulled out of a deal in Charlotte in the wake of North Carolina passing a law widely criticized as being anti-LGBT. Kamenetz has ammunition to back up his case — PayPal (NASDAQ:PYPL) already employs about 1,000 people in that county. Charlotte Business Journal
Submitted 9 hours ago

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Google lands at Atlanta's Ponce City Market
Google Inc. will open open an office at Ponce City Market in Atlanta. The Internet giant (NASDAQ: GOOG) will put a Google Fiber center at the $200 million mixed-use redevelopment in the Old Fourth Ward. Google Fiber is “gigabit” or ultra-high speed broadband service that is being rolled out in Atlanta and several other cities. Atlanta Business Chronicle
Submitted 9 hours ago

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Houston startup dials up 120-job operation in La Vergne, Tenn.
A startup out of Houston is investing nearly $3 million for a new operation in La Vergne. Empyrean Benefit Solutions Inc. said Tuesday is will hire 120 people for the customer service center in Rutherford County, the company's second such location. The human resources company specializes in managing employee health benefits programs. Empyrean's co-founder and CEO Richard Wolfe pointed to Nashville's position as the center of for-profit health care, adding the La Vergne site will help serve new markets for the firm. Nashville Business Journal
Submitted 9 hours ago

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UTC Aerospace Systems bringing 260 jobs to southwest Alabama
A new aerospace manufacturing facility slated to open in 2017 is expected to bring 260 jobs to southwest Alabama. UTC Aerospace Systems officials said in a statement Tuesday that the company is developing a new 80,000-square-foot manufacturing facility in Foley, about 40 miles southeast of Mobile. Construction is expected to take about a year and the new plant is slated to open in the second quarter of 2017, officials said. AL.com
Submitted 9 hours ago

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Spreemo expanding to Addison, Texas adding up to 100 jobs
Fast-growing Spreemo, a New York City-based health care platform that helps large companies, insurance carriers and third party administrators manage care for their injured employees, will expand to Addison at the end of the month. The company plans to hire 75 to 100 employees in the coming year and will go into 8,000 square feet of space at 14901 Quorum Drive, spokesman Zachary Hastings Hooper said. Dallas Business Journal
Submitted 9 hours ago

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Resettling the First American ‘Climate Refugees’
ISLE DE JEAN CHARLES, La. — Each morning at 3:30, when Joann Bourg leaves the mildewed and rusted house that her parents built on her grandfather’s property, she worries that the bridge connecting this spit of waterlogged land to Louisiana’s terra firma will again be flooded and she will miss another day’s work. Ms. Bourg, a custodian at a sporting goods store on the mainland, lives with her two sisters, 82-year-old mother, son and niece on land where her ancestors, members of the Native American tribes of southeastern Louisiana, have lived for generations. That earth is now dying, drowning in salt and sinking into the sea, and she is ready to leave. With a first-of-its-kind “climate resilience” grant to resettle the island’s native residents, Washington is ready to help. “Yes, this is our grandpa’s land,” Ms. Bourg said. “But it’s going under one way or another.” The New York Times
Submitted 9 hours ago

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How many people are really moving to Nashville every day?
Quick! How many people move to Nashville each day? That's become a hotly debated question, as Music City experiences a growth spurt. Public officials and media outlets have been known to throw out figures ranging from 50 to more than 100 as they promote and chronicle Nashville's recent boom years. But settling on a firm figure has proven tricky. The varying numbers reflect different ways demographic statistics are tracked, including the geography and the time period being considered, not to mention whether adjustments are made for new births and deaths. Tennessean.com
Submitted 9 hours ago

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Birmingham ranks near the top for access to startup resources
Another study has ranked Birmingham among the nation's best places to start a business. The newest study, by WalletHub, ranked Birmingham 32nd among the nation's largest metro areas on a list of the best places to start a business. That follows on the heels of a survey by ThumbTack that declared the Magic City as the top place in the nation for millennial entrepreneurs. Birmingham ranked in the top 10 for access to resources, thanks to assets like Innovation Depot and a banking scene with increasing willingness to lend to small businesses. It also ranked 31st for the costs of doing business. Birmingham Business Journal
Submitted 10 hours ago

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Coal jobs in Kentucky fall to lowest level in 118 years
Kentucky’s coal industry continued to hemorrhage jobs in the first three months of 2016, hitting the lowest total in 118 years, according to a report released Monday. The number of jobs dropped by a little more than 1,500 during the quarter, or 17.9 percent, leaving estimated employment in the industry of 6,900 as of April 1, according to the report by the Kentucky Energy and Environment Cabinet. The last time the state had so few coal jobs was 1898, when coal employment averaged 6,399, the report said. Kentucky.com
Submitted 10 hours ago

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Looking for a job in IT? These states added the most tech jobs in 2015
The U.S. technology industry saw breakthrough growth across the board in 2015. Established forces like mobility, big data and cloud computing accounted for a notable portion of these gains, along with emerging trends such as Internet of Things (IoT). This powerful combination of new and maturing technologies is injecting new life into the realms of hardware, software, business intelligence and security alike. Overall, the industry added 200,000 jobs last year, a 3 percent year-over-year increase from 2014 and the highest rate in more than a decade, according to CompTIA’s Cyberstates 2016 report. (Disclosure: I am employed by CompTIA.) Clo.com
Submitted 10 hours ago

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Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Urban areas have all kinds of assets that are easy to spot. They have the population, so the labor shed is not usually an issue. Urban areas are also connected by better roads, rail and air service and many have river and deep water ports. Usually Internet access and other forms of communication are more efficient in urban areas. And you have a larger array of quality of life options to choose from, such as the cultural assets found in metropolitan areas.
 

 Randle Report - Business News in the South

 FEATURE  
By Mike Randle
The belief that "80 percent of all new jobs come from existing business and industry" is an out-of-date, old-fashioned fabrication. I have no idea how it started, where it started, or who said it first, but there are professionals in economic development as well as leaders of government in the South who actually believe that each year, 80 percent (why 80 percent I don't know, either) of all new jobs are created by existing business and industry. I hear it all the time and I just roll my eyes. There is nothing static in economic development but this: 100 percent of all lost jobs come from existing business and industry. That, and of course 100 percent of the time site consultants never pay for a meal.
 

 Business News in the South - Randle Report

FEATURE     
According to Chinese theory, yin is a passive, negative force and yang is an active, positive force. Chinese philosophers believe that the opposing forces aren't really contradictory. Instead, they are interconnected and complimentary, interacting to create a balance in one's life. 
 
 Nashville Mayour Karl Dean
The Annie E. Casey Foundation's KIDS COUNT report was released in the summer quarter. I try to read it every time it comes out since I find it to be the best indicator of child poverty, a statistic everyone involved in economic development needs to be aware of. The Annie E. Casey Foundation is a charity that supports disadvantaged children. 
 


 

 

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