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Toshiba Completes Houston Inverter Plant Expansion
Toshiba Corp. said Wednesday its U.S. affiliate Toshiba International Corp. completed an expansion to its inverter plant in Houston, Texas, that it began in August 2012. impomag.com
Submitted 1 years 276 days ago

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General Dynamics Expands Workforce In London and Winchester, Kentucky, Adding 1,300 Employees
General Dynamics Information Technology, a business unit of General Dynamics, plans to create up to 1,300 new jobs at facilities in London and Winchester, Kentucky, making significant investments at both of its facilities. Area DEvelopment
Submitted 1 years 276 days ago

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Nautique to hire 50 new workers at Central FL factory as production increases
Nautique by local boat maker Correct Craft Inc. is hiring 50 new employees at its factory in Central Florida, the company announced July 15. Orlando Business Journal
Submitted 1 years 276 days ago

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Wildlife tourism spending totals $19.4 billion a year on Gulf Coast, new study finds
Wildlife tourism in the five states that border the Gulf of Mexico, which includes wildlife watching and recreational fishing and hunting, is responsible for 2.6 million jobs, $19.4 billion in annual spending and $5.3 billion annually in federal, state and local tax revenue, according to a new report released Tuesday. Times-Picayune
Submitted 1 years 276 days ago

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Could Wright Foods be expanding in NC?
Gov. Pat McCrory is scheduled to be in Montgomery County today for an economic development announcement. Triangle Business Journal
Submitted 1 years 276 days ago

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Louisiana Seafood: In wake of BP spill and river diversions, oysters show strain
It’s difficult to talk about Louisiana seafood these days without the BP oil spill working its way into the conversation. It wasn’t that long ago, after all, that television screens were filled with high-def images of fouled coastal marsh and angry fishermen forlornly staring at their idled fleet. Times-Picayune
Submitted 1 years 276 days ago

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Texas Dems See Chance to Become Relevant Again
It would seem that Texas Republicans have never been stronger. An all-but-certain Republican successor is emerging to follow the departing Gov. Rick Perry. They're jubilant over their victory at the Capitol, where a GOP-heavy legislature plowed through a bill to sharply restrict abortions. ABC News
Submitted 1 years 276 days ago

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Texas abortion uproar: Could backlash turn Lone Star State blue?
Texas legislators last week passed a suite of antiabortion laws that, according to critics, would result in the closure of all but five of the state's 42 abortion clinics. Christian Science Monitor
Submitted 1 years 276 days ago

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Texas Abortion Clinics Need Million-Dollar Fixes to Stay Open
Requirements for wider hallways, janitor closets and back-up generators will likely be the downfall of Amy Hagstrom Miller’s abortion business in Texas. Texas lawmakers last week approved a law requiring that abortion clinics become hospital-like outpatient surgical centers, with detailed rules for how the buildings are designed. Owners of the state’s 36 clinics, including five run by Miller, would need to spend millions of dollars to comply -- adding features such as showers, single-sex locker rooms and special airflow systems -- or either relocate or shut down. Bloomberg
Submitted 1 years 276 days ago

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Will more Texas refiners invest in petrochemical expansions?
Valero Energy Corp. (NYSE: VLO) is the latest company to hop on the petrochemical expansion bandwagon, sparking the question if other Texas refiners will follow suit. Houston Business Journal
Submitted 1 years 276 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 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     
After I finished the cover story for this issue, I read an interesting article by economist Paul Krugman, the op-ed columnist for the New York Times, titled, "Partying like it’s 1995." Generally I side with Krugman, even though I am a journalist, not an economist. Occasionally, though, I read some of his stuff and ask myself, "What planet did Krugman come from?" Like when he predicted a shift of automotive assembly to Canada after Toyota announced a new plant in Woodstock, Ontario in 2005 because of "free healthcare," among other benefits. That Toyota deal was the last major automotive assembly plant announced in Canada and I predict it will be the very last one for the Canadians.
 
 Nashville Mayour Karl Dean
If you have ever seen one of my presentations, then you know about the word "reshoring" and how that phenomenon has lifted the spirits of even the most skeptical Southerners regarding the future of the region's economy. After all, in the last four decades, manufacturing has suffered a bloodletting never before seen in U.S. history. The biggest factor behind the slow and long meltdown that began in the 1990s was the herd mentality to offshore manufacturing capacity to cheaper locales, primarily by U.S.-owned companies.
 


 

 

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