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Help wanted: Whole Foods hiring for new grocery store opening soon in Huntsville
Whole Foods is seeking employees for its new natural and organic foods store set to open this fall in Huntsville. The Texas-based chain is building a 42,000-square-foot store at The Shops at Merchants Walk, a large-scale project under development on the northeast corner of Bob Wallace Avenue and South Memorial Parkway. The grocer specializes in natural foods free of artificial flavors, colors, sweeteners, preservatives and hydrogenated fats. AL.com
Submitted 1 years 223 days ago

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Lockheed Martin to add 100 new jobs in Huntsville by 2016
Lockheed Martin is bringing 100 high-paying jobs to Huntsville as it works to consolidate its Command, Control, Battle Management, and Communications (C2BMC) program by mid-2016. AL.com
Submitted 1 years 223 days ago

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Need a job? Dick's Sporting Goods hiring 60 in Cullman
Dick's Sporting Goods wants to hire 60 full- and part-time workers for its first store in Cullman. The store in Cullman Shopping Center is expected to open in September. It's a custom-designed prototype store, the first of its kind in Alabama. AL.com
Submitted 1 years 223 days ago

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That's The Randle Report for August 11, 2015
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. Click on the headline to access Southern Business & Development magazine.
Submitted 1 years 224 days ago

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Is U.S. near the point of too strong dollar?


Submitted 1 years 224 days ago

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Let's make this foolish economic development myth vanish for good
The belief that "80 percent of all new jobs come from existing business and industry" is an out-of-date, old-fashioned fabrication.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. Southern Business & Development
Submitted 1 years 224 days ago

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Mercedes-Benz R-Class moves out of Alabama
Production of the Mercedes-Benz R-Class officially kicked off today at a contract manufacturer in Indiana, marking the end of the luxury crossover's run at the German automaker's Alabama plant. AM General, producer of Humvees and other military and specialized vehicles, rolled out its first R-Class during a ceremony at its Mishawaka, Ind., plant. The company is Mercedes' first contract manufacturer in the U.S. The move was announced earlier this year as a way for the Alabama plant to free up production space for other models, including the GLE-Class (formerly M-Class), GL-Class, GLE Coupe and C-Class. AL.com
Submitted 1 years 224 days ago

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Ala. lawmaker starts online fundraiser for state budget
An Alabama legislator has started an online fundraiser for the state’s budget. Republican state Sen. Paul Sanford of Huntsville, said Tuesday he started the GoFundMe account called “Fund the Alabama State Government” as the state faces a budget shortfall. Sanford, who owns a barbecue restaurant, says he started the tongue-in-cheek account to highlight “hypocrisy” over tax increases. Sanford said people suggest tax increases but want someone else’s taxes raised, not their own. Montgomery Advertiser
Submitted 1 years 224 days ago

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Alabama legislature’s special session ends without budget
MONTGOMERY, Ala. (AP) - Special session number one is in the books. Bring on round two. Alabama lawmakers on Monday ended a special session without a budget, or a budget solution, as lawmakers remained unable to agree on taxes or cuts to address a looming shortfall. Gov. Robert Bentley is expected to call lawmakers back to Montgomery to try again before the Oct. 1 start of the fiscal year. The Washington Times
Submitted 1 years 224 days ago

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Fireworks expected at FERC hearing for Port of Brownsville LNG projects
The Federal Energy Regulatory Commission will host a hearing that will pit environmentalists against business leaders and will help to decide the fate of three liquefied natural gas export terminals that are proposed to be built in the Port of Brownsville. Annova LNG, Rio Grande LNG and Texas LNG are hoping to take natural gas extracted from the Eagle Ford shale region just south of San Antonio and export it to overseas clients in Latin America, Asia and Europe. San Antonio Business Journal
Submitted 1 years 224 days ago

 

 

 

Features & Opinion

 Randle Report - Business News in the South

For those who still languish over "losing to China" or believe that the economy is still in recession, wake up and smell the data. Economic development in the South was about as good as it gets in calendar year 2015 according to the data. And as for China, borrowing a quote from the late football coach Bear Bryant that he made in the half-time locker room down 15-0 to Georgia Tech in 1960, "We got 'em right where we want 'em." For those of you who don't know the rich history of Alabama Crimson Tide football, Bama scored all of its 16 points in the fourth quarter, kicking a field goal on the last play of the game to beat Tech 16-15.
 

 Randle Report - Business News in the South

 FEATURE  
By Mike Randle
Today, factories in the U.S. make twice as much product as they did in 1984. And they are doing it with one-third of the manufacturing workforce. In fact, the output of durable goods in 2015 was the highest in the nation's history. So, we do have a strong manufacturing base, at least in the South, much of the Midwest and parts of the West, and it is getting stronger because on a cost-basis, we can compete with any major manufacturing nation in the world.  
 

 Randle Report - Business News in the South

FEATURE     
The argument for or against a minimum wage hike continues between the reds and the blues, as well as within the economic development community in the South. Should we stay the course with a minimum wage under $8 an hour to better compete with Mexico, the South's biggest competitor for jobs, or set a minimum wage just over $10 an hour, a wage floor most centrists support? That $10 per hour is, according to the MIT Living Wage Calculator, about right in most states in the South for one adult to be able to cover basic expenses plus all relevant taxes.
 
 Randle Report - Business News in the South
Recent data from the Computing Technology Industry Association (Comp TIA) showed that the technology industry is one of the fastest growing job generators in the South and the nation. The report also indicated that technology job compensation is growing faster than any other sector.
 


 

 

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