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Metalworking firm has shiny, new home in Chattanooga
Six years ago, a few months before the economic recession took hold, Metalworking Solutions was founded with one machine that bent metal and another than cut it. Now there are three laser cutters, priced around $800,000 each. And the small but growing niche manufacturer has grown its revenue from $1 million the first year to $6 million this year, making everything from boat seats to decorative car engine covers. Chattanooga Times Free-Press
Submitted 1 years 285 days ago

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Memphis Electrolux hiring goes through Workforce Investment Network
The first details have been released on how to apply for jobs at Electrolux's new Memphis plant that will eventually employ more than 1,200 people to make ranges, wall ovens and cooking tops. Commercial Appeal
Submitted 1 years 285 days ago

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A Moment Of Truth Is Approaching For US Manufacturers
How far can cost-cutting get you in a slowing economy? That's the question the U.S. manufacturing sector will answer over the coming weeks. Through the first half of the year, big industrial companies including General Electric Co, United Technologies Corp and Caterpillar Inc notched impressive profit growth despite shaky demand, largely thanks to their success in boosting productivity. Business Insider
Submitted 1 years 285 days ago

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Softball-sized eyeball washes up on Florida beach
It's not that body parts never wash ashore on Florida beaches. But usually it's not an eye the size of a softball. State wildlife officials are trying to determine the species of a blue eyeball found by a man Wednesday at Pompano Beach, north of Fort Lauderdale. aoaoa.com
Submitted 1 years 285 days ago

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Integrity Florida pushes for more tax incentive disclosure
TAMPA BAY — Since the beginning of 2011, state and local governments have offered $33.8 million in incentives to 57 companies. Those companies have said they want to bring a total of more than 7,000 new jobs to the Tampa Bay area — an average offer of $4,715 a job. Jacksonville Business Journal
Submitted 1 years 285 days ago

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Gov. Rick Scott talks up an economic comeback in Florida
ST. PETERSBURG — As Republican presidential nominee Mitt Romney argued the nation's jobs market remained in crisis, Gov. Rick Scott on Thursday praised Tampa Bay's chief executives for helping turn the economy around. Tampa Bay Times
Submitted 1 years 285 days ago

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Economic development plan unveiled for Calhoun Co., AL
Local leaders recently received a plan to keep Calhoun County residents employed through marketing, education and development of industries built around skilled trades. Anniston Star
Submitted 1 years 285 days ago

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Devon Energy to pull plug on Houston office
Devon Energy is leaving Houston and closing its downtown office to consolidate operations in its Oklahoma City headquarters, the corporation announced Thursday. Houston Chronicle
Submitted 1 years 285 days ago

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Senior-living community planned in southwest Fort Worth
FORT WORTH -- A 105-bed assisted-living center for the elderly and those with dementia and Alzheimer's is planned in southwest Fort Worth near Bryant Irvin Road and Interstate 20. Developers are expected to break ground by the end of the year on the 100,000-square-foot senior-living community, which will include a 24-bed center for memory care, an official said. The facility is expected to open in January 2014. Star-Telegram
Submitted 1 years 285 days ago

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Clean-energy jobs still growing in N.C.
Full-time jobs in North Carolina’s clean-energy sector grew 3 percent in the past year to more than 15,200, the N.C. Sustainability Energy Association said Thursday, but companies fret about unpredictable public policies. Charlotte Observer
Submitted 1 years 285 days ago

 

 

 

Features & Opinion

 Top Ten Places in the South for Relocating California Companies

In growth, companies find themselves in the dilemma of identifying capital to increase capacity and managing opportunity cost where capital may be deferred. This dilemma is amplified as capacity constraints drive a company to complete the site selection process for an expanding or new facility. 
 

 Randle Report - Business News in the South

 FEATURE  
By Dr. Glen Fenter
Desperation sometimes masks itself in acceptance. Such was the case for Takelia Carter of Marion, Ark. For Carter, the mother of six school-age children in a low paying job, desperation was normative existence. This was her life in Crittenden County, Ark., deep in the Delta where unfortunately one in four families lives well below the poverty level.
 

 Business News in the South - Randle Report

FEATURE     
By Mike Randle
There are numerous factors driving the new industrial revolution in the South. And it is a revolution, as this manufacturing surge that began in 2007 continues to break records year after year in the total number of large, capital intensive projects. One factor, of course, is that reshoring of facilities back to the U.S. continues to grow each year.
 
 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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