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Charlotte Area Transit System to announce federal funding of light-rail extension
The Charlotte Area Transit System is scheduled to announce Tuesday morning that is has an official deal with the federal government to pay for half of the $1.16 billion light-rail extension to University City — the last hurdle before construction can begin. Charlotte Observer
Submitted 1 years 286 days ago

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Democrats to Obama: It's Still the Economy, Stupid
With Tuesday’s debate shaping up as crucial for both candidates—Romney needing to maintain his momentum, Obama needing to regain his own—it’s worth pointing out that both campaigns’ initial strategies are looking more and more like they were wrong. Romney’s theory of the race was that the economy was so bad, he needed only remind voters of this fact to win the White House. But that wasn’t working, so Romney corrected course, most visibly in the first debate when he made an impassioned (albeit vague) argument for how he would speed up the recovery. Bloomberg
Submitted 1 years 286 days ago

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NC Triangle home sales up 24 percent in third quarter
The Triangle housing market continues to show signs of mounting a sustained recovery, with sales increasing 24 percent in the third quarter compared to the same period a year ago. There were 5,559 homes sold in Durham, Johnston, Orange and Wake counties in the three months that ended Sept. 30, Triangle Multiple Listing Services data show. Pending sales were also up 24 percent while showings increased 12 percent. News Observer
Submitted 1 years 286 days ago

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Our Views: Steel mill’s new twist
Five years ago, Louisiana’s state economic development officials tried unsuccessfully to lure a $5 billion ThyssenKrupp steel mill to locate in the state. In spite of a lucrative package of tax incentives and other inducements, the company located its plant in Alabama instead. The Advocate
Submitted 1 years 286 days ago

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NitraCore to establish headquarters in Lyon Co., KY, create 10 jobs
LYON COUNTY, Ky. - Gov. Steve Beshear announced NitraCore LLC plans to launch a manufacturing operation in Lyon County, creating 10 jobs and investing more than $260,000 in the process. wpsdlocal6.com
Submitted 1 years 286 days ago

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Sen. Rand Paul: Vote was against wasteful bill, not veterans
Recently the Herald-Leader criticized me for voting against a Veterans Job Corps program that was introduced in the U.S. Senate last month. My reasons for voting against the bill had nothing to do with "letting down our veterans," as the editorial implies. I will always stand up for Kentucky veterans, as I have before in voting for programs that benefit veterans in our home state. Due to the tough fiscal times our country is facing, I believe we should focus our energy toward fixing programs already in place, as opposed to creating new ones with money we do not have. Lexington Herald-Leader
Submitted 1 years 286 days ago

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Experts Name Likely Source Of Mystery Giant Eyeball That Washed Up In Florida
A mysterious giant eyeball found on a Florida beach last week had scientists scratching their heads. Business Insider
Submitted 1 years 286 days ago

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GA 'App Economy' Has $1B Impact
ATLANTA - Jobs related to mobile-application development are adding more than a billion dollars a year to Georgia’s economy, according to a new report, putting the state among the top 10 in the nation. The study comes from CTIA, the wireless industry’s trade group. It measures so-called “app economy” jobs – the people who actually create or maintain smartphone apps plus other people who work at those companies and other jobs supported by the existence of those companies. wugatv.com
Submitted 1 years 286 days ago

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Offshore wind farms could fuel jobs in Hampton Roads VA
Harnessing wind power off the mid-Atlantic coast could generate more than 70,000 jobs in the region over 10 years, according to an industry study released last week at a trade conference in Virginia Beach. And Hampton Roads with its shipbuilding expertise, skilled workforce, deep-water ports and coastal infrastructure stands to benefit more than most from offshore wind farms, proponents say. Daily Press
Submitted 1 years 286 days ago

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Virginia escapes worst of recession but new fears ahead
LEESBURG, Va. — Amid scenic horse farms, vineyards, Civil War landmarks and quaint shops tucked in historic redbrick buildings, signs of prosperity are plainly visible. The anxiety about the economy, less so — but it’s here. Daily Herald
Submitted 1 years 286 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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