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Astrodome may finally have a purpose: Officials unveil proposal
Although the Harris County Sports and Convention Corp. received 19 proposals for what to do with the iconic Astrodome, officials say they will recommend converting the stadium into a massive convention and exhibition space. Houston Business Journal
Submitted 1 years 283 days ago

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Louisiana seafood board asking for more time to spend BP oil spill money
Louisiana's seafood board is going to ask BP for two more years to spend the millions of dollars it received after the 2010 Gulf of Mexico oil spill. Times-Picayune
Submitted 1 years 283 days ago

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BP, Coast Guard criticized for trying to downgrade oil spill clean-up efforts
The state Coastal Protection and Restoration Authority used its monthly meeting in Baton Rouge on Wednesday as a bully pulpit to criticize BP and the U.S. Coast Guard for their attempts to downgrade the continued clean-up of oiled wetlands and shoreline areas in Louisiana, in the wake of the 2010 Gulf oil spill triggered by the fatal explosion on the Macondo well. Times-Picayune
Submitted 1 years 283 days ago

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Virginia GOP Nominee: ‘Great Society’ Programs Worse For Black Families Than Slavery
Virginia Republicans’ controversial nominee for Lieutenant Governor argued on Wednesday that the Great Society programs enacted in the 1960s did more harm to African American families that the institution of slavery. Think Progress
Submitted 1 years 283 days ago

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IOMAX USA Invests $1.75 Million To Expand Its Mooresville, NC Facility, 35 new jobs
IOMAX USA, Inc. will invest $1.75 million to expand its aircraft and integration operation in Mooresville, North Carolina, with plans to create 35 new jobs in Iredell County. Area Development
Submitted 1 years 283 days ago

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Novamelt Americas Invests More Than $2.4 Million To Expand Its Randolph County, North Carolina, Manufacturing Center
Adhesive manufacturer Novamelt Americas will invest more than $2.4 million to expand its production facility in Trinity, North Carolina. Area Development
Submitted 1 years 283 days ago

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Boeing SC delivering first 787 since grounding today?
Boeing South Carolina appears to be handing over its first 787 Dreamliner since the Federal Aviation Administration grounded all the planes, halting deliveries, in January. As of Wednesday morning, an Air India jet was parked outside the North Charleston plant’s delivery center. Post-Courier
Submitted 1 years 283 days ago

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Charleston planning to create high-tech hub on Morrison Drive
First there was the Flagship, the business incubator the city opened in a former video store at the corner of Calhoun and East Bay streets in June 2009. Then, two years later, came the Flagship 2, or FS2, a converted television studio next door that offered double the office space for more advanced start-ups. Post-Courier
Submitted 1 years 283 days ago

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Conn. firearms manufacturer coming to Horry County SC
CONWAY — Connecticut firearms manufacturer PTR Industries will announce Monday that it has decided to move its operation to Horry County. The gun manufacturer is moving to South Carolina after Connecticut state lawmakers passed stricter gun control laws after the Sandy Hook School shootings. The State
Submitted 1 years 283 days ago

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S.C. House and Senate adopt more than $22 billion spending plan
A bankroll for road repairs, no health insurance premium hike for state employees, tax breaks for private-school scholarships and expansion of 4-year-old kindergarten are highlights of what taxpayers get in South Carolina’s $22.8 billion spending plan approved Wednesday by the General Assembly. But giving a pay raise to about 55,000 S.C. employees and adding 320,000 people to Medicaid rolls were axed in budget negotiations. The State
Submitted 1 years 283 days ago

 

 

 

Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Just look around at what's happening in the aerospace industry in the American South. Aerospace is really making a move to become one of the region's top two industry sectors. It’s not there yet, but if large project counts are any indication, aerospace may soon challenge the petrochemicals sector as the second largest industry in the region. Never before has the aerospace industry been so important to the South's economy. Oh, what's the No. 1 industry sector in the South? Automotive is, of course. That industry hasn't been challenged much for 25 years in this region, or since we’ve been counting.

 

 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     
This is our annual "Made in the South" issue and it's timely because there is a new player in the South's manufacturing universe. For almost two decades, economic developers and politicos in the South and the U.S. have been chasing Chinese projects with little or nothing to show. Want proof we've been chasing ghosts in China for years? Okay, go ahead and name a Chinese brand that's made in the South? Tick. . .tick. . .tick. Give up?
 
 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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