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It Takes a Village: The Rise of Community-Driven Infrastructure
A decade ago, Philadelphia’s outdated sewer system—like much of the nation’s infrastructure—was crumbling, causing a nasty brew of storm-water, raw sewage, and pollutants to flow directly into local waterways. But the cash-strapped metropolis, home to over 1.5 million people, couldn’t afford to build a new system. So the city decided to think small—and local, and cooperative—to construct something big and different. The city rolled out its “Green City Clean Waters” plan in 2011: a 25-year effort to let residents take the lead in creating a web of small interconnected “green” infrastructure projects like roadside plantings, green roofs, porous pavements, street trees, and rain gardens. The Atlantic
Submitted 1 years 242 days ago

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Obama: Now Is Time To Spend
WASHINGTON (AP) - Declaring an end to "mindless austerity," President Barack Obama called for a surge in government spending Thursday, and asked Congress to throw out the sweeping budget cuts both parties agreed to four years ago when deficits were spiraling out of control. The Intelligencer
Submitted 1 years 242 days ago

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The Tax-Cutting Boon Sweeping the States
While the prospects for tax reform in Washington are dim, as many as 20 Republican governors are moving forward with their own pro-growth tax-relief initiatives. This is on top of the 14 states, including Florida, Michigan, Ohio and Wisconsin, whose 2014 tax cuts will take effect this year. Wall Street Journal
Submitted 1 years 242 days ago

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Onco360 to establish headquarters in Louisville
FRANKFORT, Ky. — Gov. Steve Beshear and Louisville Mayor Greg Fischer today announced that OncoMed Specialty (Onco360) will establish a facility in Jeffersontown. Lane Report
Submitted 1 years 242 days ago

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Partnership to create pipeline of technology-savvy employees in Louisville
LOUISVILLE, Ky. — The Greater Louisville chapter of the Kentucky Federation for Advanced Manufacturing Education (KYFAME) and Jefferson Community and Technical College announced on Wednesday that they will combine classroom and work experiences to create a pipeline of technology-savvy employees for the region’s advanced manufacturing industry. Qualifying students will work and learn, earning on-the-job training and an associate degree with little to no education debt. Lane Report
Submitted 1 years 242 days ago

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HANESBRANDS TO EXPAND IN CLARKSVILLE, ADD 120 JOBS
HanesBrands of Winston-Salem, North Carolina, announced that it will expand its manufacturing facility in Clarksville, AR investing about $1.5 million in additional machinery at the facility, relocating and upgrading its packaging and dyeing operations and adding 120 new jobs. Hola-arkansas.com
Submitted 1 years 242 days ago

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Lincoln KY Manufacturing to expand, add third shift
STANFORD — One of Lincoln County’s largest commercial employers is expanding its workforce by up to 20 jobs and beginning a third shift at its Stanford plant. Centralkynews.com
Submitted 1 years 242 days ago

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Compensation Rises At Fastest Pace Since Recession
U.S. workers saw their pay and benefits rise at the fastest rate since 2008 last year, according to the U.S. Department of Labor. But the increase still lagged the type of growth that usually accompanies a fully healthy economy, according to reports. Manufacturing.net
Submitted 1 years 242 days ago

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Leading Automotive Supplier To Expand In TN
A leading global automotive supplier plans to build a new facility in McMinn County, Tennessee that's expected to create as many as 400 new jobs. Manufacturing.net
Submitted 1 years 242 days ago

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Toyota leader highlights North Texas' appeal to business leaders
At Thursday's North Texas Commission luncheon, Toyota leader Osamu "Simon" Nagata highlighted the advantages for the Japanese automaker to set up its new North American headquarters in Plano. Dallas Business Journal
Submitted 1 years 242 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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