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Investing in the US is the Rallying Cry of Energy Sector Companies
From 2011 to August 2014 U.S. investments totaled $124 billion, in the form of 196 announcements of new chemical plants or upgrades to existing plants. While it’s not news that the availability of cheap natural gas is attracting investment in the U.S, it is noteworthy to see just how large those investments really are. From 2011 to August 2014 investments totaled $124 billion, in the form of 196 announcements of new chemical plants or upgrades to existing U.S. plants. This is according to the American Chemistry Council as reported by Nanette Byrnes in the MIT Technology Review. Industry Week
Submitted 1 years 248 days ago

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Here's why HCL chose Cary - and it wasn't the incentives
HCL could have made more money by bringing those 1,237 jobs to New York. New York offered $56.9 million in incentives. Arizona offered $5.6 million and Texas offered $9.8 million. With state and local incentives, HCL could earn up to $21.37 million in incentives to move here. The candid take of Gov. Pat McCrory, speaking after Indian-based IT firm HCL, a new Global Development Center in Cary, is that the decision comes down to “synergy.” Basically, the more companies that are clustered in North Carolina, the more companies will pay attention to our state as an expansion destination. Triangle Business Journal
Submitted 1 years 248 days ago

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HCL: Here's what the 1,237 jobs will entail in Cary
New jobs created at HCL's Global Development Center will be across the spectrum, say HCL execs. Triangle Business Journal
Submitted 1 years 248 days ago

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Durham's BioCryst has now received $20M to develop Ebola treatment
Durham’s BioCryst Pharmaceuticals, Inc. received another $20 million to continue development of a possible Ebola virus treatment. Triangle Business Journal
Submitted 1 years 248 days ago

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Texas seeking to become national leader in flu vaccine production
Texas soon will be better prepared to fight deadly strains of the flu once its $91 million Pandemic Influenza Vaccine Facility is fully operational in 2015. San Antonio Business Journal
Submitted 1 years 248 days ago

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V-Soft follows through on plan to expand headquarters, adding 25 jobs
V-Soft Consulting Group Inc. is following up on its plans to expand its headquarters in Louisville and add 25 jobs. Business First
Submitted 1 years 248 days ago

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Breaking News: Another New Zealand company brings U.S. HQ to Austin
A New Zealand software maker has opened a U.S. headquarters in Austin with plans to employ at least 80 workers within two years. Austin Business Journal
Submitted 1 years 248 days ago

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Richard Linklater seeks extras for fall film shoot in Austin
Richard Linklater, the acclaimed Austin director, is gearing up to shoot his next feature film in the city and is looking for extras for a shoot that is expected to take place later this fall. Austin Business Journal
Submitted 1 years 248 days ago

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GA Lawmakers hear challenges of driverless cars
Thorny legal and engineering issues lie ahead before self-driving cars can be let loose on Georgia highways, members of a legislative study committee heard during testimony Thursday. Atlanta Business Chronicle
Submitted 1 years 249 days ago

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Commissioner Moves To Restore Florida Film Industry Incentives
In a move to help foster economic development and job creation, the Miami-Dade Board of County Commissioners today adopted a resolution that urges the Florida Legislature to restore incentives for the film, television and entertainment industries. southdadenewsleader.com
Submitted 1 years 249 days ago

 

 

 

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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