Bookmark and Share Business News in the South from The Randle Report

 

Sign up for Randle Report Daily Emails for all The South's Business and Political News Follow Randle Report on Facebook for Business News in the South Follow Randle Report on Twitter for all The South's Business and Political News

 

 
2
Likes

Energy development drives economic growth, creates jobs
At an energy summit earlier this month, Gov. Phil Bryant unveiled a plan to make Mississippi a national leader in energy production. Our state has plentiful energy resources, and developing them responsibly can help boost the economy and create well-paying jobs. A productive energy sector is a big win for Mississippians. As high gas prices continue to set records, we need leadership at the local, state, and national levels that recognizes the importance of energy independence and the truly “all-of-the-above” approach it will take to get there. For the past four years, the policies of the Obama Administration have put up roadblocks and picked industry winners and losers instead of maximizing our vast energy-producing capabilities here at home. Greenville Online
Submitted 1 years 286 days ago

5
Likes

Why Renewable Energy is a Gateway to Social and Economic Development
The World Bank and IMF have convened their annual meeting this week to discuss strategies for strengthening holistic economic growth, and facilitate poverty eradication in developing areas of the world. One of the key topic areas being discussed by World Bank and IMF leaders will be energy poverty, a core aspect of enabling sustainable development and reducing poverty. As United Nations Secretary-General Ban Ki-moon said recently, “Sustainable energy is the golden thread that connects economic growth, social equity, and a climate and environment that enables the world to thrive.” Earth & Industry
Submitted 1 years 286 days ago

0
Likes

Kentucky, Indiana approve development agreement on bridges
Kentucky and Indiana officials have reached agreements on the construction, financing and long-term management of the Ohio River Bridges Project. The Kentucky Public Transportation Infrastructure Authority signed off on the agreements at a meeting this afternoon in Frankfort, according to a news release, and the Indiana Finance Authority did the same at a later session in Indianapolis. Business First
Submitted 1 years 286 days ago

4
Likes

BB&T to lease former AmEx building near PTI, plans to add 1,700 jobs
BB&T Corporation will lease the former American Express call center in Greensboro, NC to create a new office to handle administrative and back office tasks, a move that could create as many as 1,700 jobs over the next five years, according to an announcement. The Winston-Salem-based bank said it signed a seven-year sub-lease for the 390,000-square-foot building located at 7701 Airport Center Drive in Greensboro. BB&T said it plans to eventually have as many as 2,500 employees working at what will now be called BB&T Triad Corporate Center who will be primarily doing back office, administrative and support jobs. Greater Triad Business Journal
Submitted 1 years 286 days ago

1
Likes

That's The Randle Report for October 16, 2012
That's a wrap on The Randle Report for today. Feel free to use the sort buttons above or the search window to find your favorite stories from today, last week, last month or in the last year. If you are looking for more information on economic development in the South, click on the headline above to read Southern Business & Development magazine. If you want to keep up with the South's growing automotive industry, go to www.SouthernAutoCorridor.com. If you are looking for sports in the South, go to www.RandleSportsReport.com, or click on the "Sports" tab above.
Submitted 1 years 287 days ago

8
Likes

Conde Nast: Charleston top tourist city in the world
Charleston outdid itself this year. A year after winning the No. 1 tourist city in America, readers of Conde Nast Traveler voted the Holy City as not only the best travel destination in America but as the top city on the planet. “We are on top of the world,” said Helen Hill, Charleston Area Convention and Visitors Bureau executive director. Charleston was voted the third best city in the world last year, behind Sydney, Australia, and Florence, Italy. The award is based on a city’s overall atmosphere/ambiance, culture/sites, friendliness, lodging, restaurants and shopping. With a rating of 86.7, Charleston bested No. 2 Cape Town, South Africa, which scored 84.8, and No. 3 Florence, Italy, which came in with 83.3 points. Post and Courier
Submitted 1 years 287 days ago

16
Likes

U.S. Industrial Production Rises in Stabilization Sign
American manufacturers churned out more appliances, clothing and construction supplies in September, indicating a mainstay of the early part of the economic expansion is regaining its footing. Output at factories, mines and utilities rose 0.4 percent, beating the median forecast of economists surveyed by Bloomberg, after a 1.4 percent drop in August that was the biggest since March 2009, according to data from the Federal Reserve issued today in Washington. Other reports showed there was little inflation outside of fuel costs and homebuilder confidence climbed to a six-year high. Bloomberg
Submitted 1 years 287 days ago

-5
Likes

Most eligible parties will accept spill deal, claims head says
NEW ORLEANS — BP’s multibillion dollar settlement with individuals and businesses affected by the 2010 Gulf of Mexico oil spill doesn’t appear to be in jeopardy as more than 90 percent of those eligible are expected to accept the deal, the claims administrator said Monday. Lafayette, La. attorney Patrick Juneau, who took over the processing of victims’ claims from Kenneth Feinberg in June, told the Houston Chronicle in an interview Monday that only about 100 to 200 claimants had opted out of the deal as of last week. The figure is important because BP’s agreement with lawyers for plaintiffs allows the oil giant to withdraw from the deal if too many claimants opt out. BP has not said what that threshold is. Those who don’t opt by a Nov. 1 deadline are part of the class action settlement and cannot pursue separate lawsuits. Houston Chronicle
Submitted 1 years 287 days ago

0
Likes

Nike seeks $58 million tax deal for $301 million Memphis project
Nike plans to invest $301 million in two of its Memphis distribution facilities, add 250 jobs, and in return seek a break in local taxes that would save the company $58 million. Memphis would become an even bigger Nike town. The world's largest seller of athletic footwear and apparel, while based in Oregon, is making Memphis a "major element" of its business with plans for a $276 million, 1.8 million-square-foot expansion of its four-year-old distribution center at 3100 New Frayser in Northridge Industrial Park and a $25 million upgrade of its center at 5151 Shelby Drive. Memphis Commercial Appeal
Submitted 1 years 287 days ago

0
Likes

Jasper, S.C. port might not be needed until after 2029
The massive shipping port proposed for the South Carolina side of Savannah River was estimated to be needed by 2029. But that timeline from a 2008 market study could get pushed back. The reasons include the slowdown within once burgeoning export economies and the lingering hangover from the last recession. “What has changed a bit is the speed at which China is losing its competitive position as the world’s largest manufacturer as well as the fact that U.S. consumers haven’t recovered half as well as we would have liked after 2009,” said Walter Kemmsies, the chief economist at Moffat & Nichols. Post and Courier
Submitted 1 years 287 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.


 


 

 

Southern Business & Development Southern Auto Corridor Small Town South Randle Report

Copyright ©2014 Randle Report
All of the South's Business News, Political News, and Economic Development News in One Place
Login