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Anniston AL legislation would allow Sunday alcohol sales for ecotourism
MONTGOMERY — Sen. Del Marsh, R-Anniston, is preparing to file a bill that would give the Anniston City Council the power to approve Sunday alcohol sales. Marsh said he’s filing the bill at the request of City Council members, who believe Sunday sales would boost ecotourism in the area. “In conversations I’ve had with the mayor and council members, they’ve said they feel this is something the city needs,” Marsh said. Anniston Star
Submitted 1 years 286 days ago

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That's The Randle Report for Thursday, January 17, 2013
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. Also, click on the Sports tab above for all of the South's sports news in real time. Click on the headline to access Southern Business & Development magazine.
Submitted 1 years 286 days ago

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Arkansas Gov. Mike Beebe References ‘Big’ Economic-Development Project In Address
LITTLE ROCK — Gov. Mike Beebe told lawmakers Tuesday that his office and the state Department of Economic Development are close to landing a major industry that would possibly require the state to issue bonds. Though he offered no specifics, the governor described the project to lawmakers in his state of the state address as “one of the biggest projects the state has ever seen.” “It’s a potentially Amendment 82 project,” he told reporters after his speech to a joint session of the House and Senate. In 2010, voters approved a change to Amendment 82 that lowered the threshold for issuing state bonds to attract major industries. The change removed limits set in Amendment 82 on the size of economic development projects eligible for support through general obligation bonds. Projects currently must return a $500 million investment and create at least 500 jobs. Times-Record
Submitted 1 years 286 days ago

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Boeing 787 production continuing in SC
CHARLESTON, S.C. (AP) — Airplane production continues normally at Boeing’s South Carolina 787 assembly plant although federal authorities have grounded planes now in service while onboard batteries are checked. The Federal Aviation Administration grounded the jetliners following battery fires on two planes flown by Japanese carriers. A spokeswoman for Boeing said Thursday that production continues at the company’s North Charleston assembly plant employing about 6,000 workers. She said she could not comment further but referred to a statement the company released. In that statement Boeing CEO Jim McNerney said the 787 is safe and the company will take every needed step to assure the public of the safety of the plane. Four 787s made in South Carolina are in service. There have been no problems reported with the batteries in those planes. Greenville News
Submitted 1 years 286 days ago

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Florida growth projection highest in 7 years
Florida’s economy is expected to keep growing through 2013. A Federal Reserve index that tries to predict state-by-state economic growth for the short term shows an expanding economy in the Sunshine State. The Philadelphia branch of the Fed issued its latest leading indices Thursday morning, and they look encouraging for most states. Florida’s economy should grow by about 1.7 percent during the next six months, the Fed says. That’s the strongest growth predicted by the index since August 2005. Miami Herald
Submitted 1 years 286 days ago

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Florida Defies Housing Rebound as Foreclosures Soar
Florida’s foreclosure crisis just won’t end. More than six years after subprime lending and overbuilding led to the worst U.S. real estate slump, the state had the biggest increase in home seizures last year, and the highest foreclosure rate, RealtyTrac Inc. said. One in every 32 Florida households received a notice of default, auction or repossession in 2012, more than double the average U.S. rate of one in 72, the Irvine, California-based data seller said today in a report. Home repossessions increased by 16,276 during the year to 84,456, the biggest gain nationwide. Adding to the state’s woes is a backlog of foreclosures caused by a required court review of each case. Bloomberg
Submitted 1 years 286 days ago

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Mississippi State University, Severstal creating steel research center
Severstal North America and Mississippi State University are partnering to create a steel research center on MSU’s Starkville campus. The 5,000-square-foot laboratory will feature lab-scale alloy melting, casting and rolling capability. Severstal’s Golden Triangle production facility is one of that region’s major employers. Clarion-Ledger
Submitted 1 years 286 days ago

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2013 New Orleans Jazz Fest to welcome Fleetwood Mac, Black Keys, Billy Joel, Frank Ocean, Jill Scott, Dave Matthews Band
The 2013 New Orleans Jazz Fest will feature Fleetwood Mac, the Black Keys, Billy Joel, the Dave Matthews Band, Frank Ocean, Maroon 5, Widespread Panic, Patti Smith, B.B. King, Frankie Beverly & Maze, Hall & Oates, John Mayer, Phoenix and Willie Nelson. They'll join hundreds of Louisiana musicians at the Fair Grounds for the 44th annual Jazz Fest, formally the New Orleans Jazz and Heritage Festival presented by Shell, from April 26-28 and May 2-5. Times-Picayune
Submitted 1 years 286 days ago

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Super Bowl 2013 hosts laud New Orleans' readiness for massive event
Super Bowl 2013 organizers gave a final briefing on the massive event for New Orleans media Wednesday, covering highlights such as the $13.5 million the local hosting group raised to accommodate the production, the free riverfront festival that will include 49 bands, food from 17 restaurants and 12 parades and the array of public and private improvements and renovations timed to the extravaganza that total an estimated $1.2 billion. "We are really not preparing for a Super Bowl," said Mark Romig, public relations chairman for the New Orleans Super Bowl Host Committee, 18 days before the game. "We are in the middle of a Super Bowl right now." Times-Picayune
Submitted 1 years 286 days ago

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Kentucky unemployment rate falls to 8.1 percent
Kentucky’s unemployment rate dropped to 8.1 percent in December from 8.2 percent the month before and from 9 percent a year earlier, the state Office of Employment of Training said Thursday. Nationally, the unemployment rate was 7.8 percent in December. Both the number of Kentuckians in the job market and the number of Kentuckians with jobs grew from November to December, according to the government’s monthly survey of individuals. The figures are adjusted to strip out the normal seasonal hiring that takes places in December because of holiday shopping. Louisville Courier-Journal
Submitted 1 years 286 days ago

 

 

 

Features & Opinion

 Top Ten Places in the South for Relocating California Companies

The America South is home to almost as many residents as the Northeast and the Midwest combined, but even that statistical record is about to be broken. According to a new Census Bureau study that came out in April, 51 percent of the nation's population jump occurred in the South from 2010 to 2013.
 

 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

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.


 


 

 

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