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Louisiana maritime businesses keep close watch on low Mississippi River levels farther north
With more than 2,500 Louisiana jobs at stake, the local maritime community is continuing to keep a close eye on severely low water levels further north on the Mississippi River. Louisiana barge companies say they haven't yet had to lay off workers or make other changes that significantly affect employees. But low water levels over the last several months have forced shipments coming from further north to be smaller, leading to less profit for shipping companies. Times-Picayune
Submitted 1 years 282 days ago

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Construction jobs: Not quite a comeback yet
Some construction firms expect to hire more workers in 2013, but don't call it a comeback just yet. About 31% of construction companies plan to hire workers this year, while only 9% of firms plan to cut jobs. The others either expect to keep their staff levels the same, or aren't sure of their hiring plans yet, according to a survey by the Associated General Contractors of America. CNN
Submitted 1 years 282 days ago

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Sarasota area in Top 10 of places to move
Sarasota ranks No. 10 in the nation among U.S. moving destinations, according to a just-released report by moving company Penske Truck Rental. Sarasota Herald Tribune
Submitted 1 years 282 days ago

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AMR asks for another extension to file restructuring plan
American Airlines parent AMR Corp. is once again asking the bankruptcy court for another extension to submit its restructuring plan. Charlotte Business Journal
Submitted 1 years 282 days ago

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Wells Fargo banks on Charlotte trading center
Wells Fargo & Co. is banking on its newly opened trading floor in Charlotte, where many traders with rival Bank of America Corp. have moved out. Charlotte Business Journal
Submitted 1 years 282 days ago

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Why The Middle Class Is Slipping Away
The number of U.S. families struggling with poverty despite parents being employed continued to grow in 2011 as more people returned to work but mostly at lower-paying service jobs, an analysis released on Tuesday shows. Huffington Post
Submitted 1 years 282 days ago

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That's The Randle Report for Monday, January 14, 2013
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. Also, click on the Sports tab above for all of the South's sports news in real time. Click on the headline to access Southern Business & Development magazine.
Submitted 1 years 283 days ago

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Rural America's Unlimited Opportunity
Every day, rural America provides tremendous benefits for all of us – including folks in cities like Nashville. Our farmers and ranchers provide an abundant and safe food supply that keeps costs for all Americans low at the grocery store. Rural conservation efforts provide clean water to our cities. Rural innovation has given us clean-burning fuel that also brings down prices at the pump. These are just a few examples. Today in Nashville, I’ll thank members of the American Farm Bureau Federation for their many contributions to our nation when I visit with them at the Farm Bureau’s annual meeting. But I’m also going to discuss with our agriculture leaders a future of unlimited opportunity for rural America. I’m going to ask for their help to build new partnerships, and encourage new understanding among all Americans of the importance of our rural areas. The Tennessean
Submitted 1 years 283 days ago

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Hemlock laying off 300 of 400 Clarksville, Tenn., employees
CLARKSVILLE, TENN. — Hemlock Semiconductor in Clarksville is laying off 300 of its 400 employees, a few months after the $1.2 billion plant was to begin production of polysilicone for the solar power industry. Company officials met with The Leaf-Chronicle Monday and said the layoff, which also includes 100 employees at the Michigan plant, is in response to a significant oversupply in the polysilicone industry and the threat of protective tariffs on its product sold into China. If these market conditions persist, the layoffs could be permanent. “Our full intent is to use this plant,” said HSC President Andrew Tometich. “It’s not a question of if but when and we very much look forward to that.” When asked if that means the plant might not open this year, he said that is a possibility. The Tennessean
Submitted 1 years 283 days ago

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Huntington Ingalls considering other options to keep Avondale facility open
PASCAGOULA, Mississippi -- Mike Petters, chief executive of Huntington Ingalls Industries, said Thursday that the company is considering a conversion of its Avondale, La., shipyard to work on commercial construction and engineering projects instead of closing the facility by the end of 2013, according to a Reuters report. In November, Petters mentioned plans to look at converting the Avondale facility to work on offshore oil platforms or work on modular construction for oil and gas refineries. "There's a lot of opportunities for those plants to be modularly constructed and we have a pretty good sense of how to do that both from an engineering standpoint and a construction standpoint," Petters told reporters. Mississippi Press
Submitted 1 years 283 days ago

 

 

 

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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