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

 

 
0
Likes

Has London replaced Atlanta?
There is a consensus out there (I am told) that the 1996 Atlanta Olympic Games were “the worst Olympics ever.” Well, I don’t know about that. Sure, it was over-commercialized — Coca-Cola, a sponsor, was the only soft drink sold at its venues. But this was Atlanta. What would you expect? Dr Pepper? Sure, some of the images the organizing committee chose to stamp indelibility on our minds were, shall we say (as some did), “garish” — chrome pickup trucks? — but this was Georgia, which, as my buddy Jim has observed, Atlanta is “pretty good for.” Anniston Star
Submitted 1 years 264 days ago

5
Likes

Amazon.com has unique position in sales tax fight
Amazon.com Inc. is the only online retailer supporting federal legislation that would require it and other online-only companies to collect sales taxes for customers' purchases. Currently, the companies only are required to collect those taxes in states where they have a physical presence. As Bloomberg reported, NetChoice — an industry group representing Internet companies such as eBay, Oracle Corp. and Facebook Inc. are fighting the measure. Business First
Submitted 1 years 264 days ago

16
Likes

Florida's Panhandle sees lift from Airbus deal
(Reuters) - Florida's Panhandle expects spillover job gains from Airbus's planned $600 million airliner plant in Alabama that could ease local economic pain from looming cuts in U.S. military spending, a city mayor from the region said on Wednesday. Pensacola Mayor Ashton Hayward said he soon expects to announce a deal with an aerospace company that will bring more than 300 jobs to his city in northwest Florida that is near or home to six U.S. military facilities.
Submitted 1 years 264 days ago

0
Likes

Squabble over Jasper economic development
(AP)RIDGELAND, S.C. -- Just who is in charge of economic development in Jasper County is the center of a squabble between the county and a local development alliance. The Island Packet of Hilton Head reports the county left the Lowcountry Economic Alliance earlier this year. Now the alliance accuses the county of hiring lobbyists who pushed a state budget provision that cost the alliance $600,000 in funds. Sacramento Bee
Submitted 1 years 264 days ago

-3
Likes

Florida behind in creating highly skilled workforce, study says
Florida will lag behind the nation in creating high-paying jobs and producing workers who can fill them, according to a study by Georgetown University released Tuesday. The analysis by the Center on Education and the Workforce says Florida isn't investing enough in education to improve its workforce and business mix, and the result is an imbalance of low-skilled, low-wage jobs. Sun Sentinel
Submitted 1 years 264 days ago

2
Likes

S&D Coffee brewing ambitious plans in Concord, NC
CONCORD, N.C. -- S&D Coffee added 120 positions in the last 12 months, is currently expanding its Concord headquarters and is looking for a site to build a $35 million expansion plant that will create another 200 jobs, said Ron Hinson, chairman and CEO. The company, which has been privately owned since 1927, also plans to change its name to S&D Coffee and Tea to reflect a major portion of its business. It is now the largest iced tea manufacturer in the nation. Independent Tribune
Submitted 1 years 264 days ago

1
Likes

Checking In On the Amazon Tax Battle
For states and localities, online sales by Web-only retailers are a drain on revenue. A prominent University of Tennessee study figures that the e-commerce loss to state and local coffers is, at a minimum, $11.4 billion for 2012. The National Conference of State Legislatures recently pegged the cost at $23 billion in new revenue each year. But perhaps more wrenching is a Washington Post story on e-sales taxes that found that if e-sales could be taxed, Virginia would have been nearly $423 million to the good this year, while Maryland would have seen $376 million and the District of Columbia $72 million in revenues. Governing
Submitted 1 years 264 days ago

0
Likes

What The Georgia Vote Means for the Future of Transportation
In a race closely watched by transportation advocates and stakeholders across the country, Atlanta-area voters Tuesday overwhelmingly rejected a plan for a 10-year, 1 percent sales tax that would have supported nearly $7.2 billion in transportation investments in a 10-county area surrounding the city. The vote was part of an innovative plan known as Transportation Special Purpose Local Option Sales Tax (T-SPLOST) in which the state was divided into a dozen multi-county regions, and residents of each voted on whether to increase sales taxes in order to fund transportation projects specific to their region. Governing
Submitted 1 years 264 days ago

0
Likes

Over 2,300 Ala. firms get special electric rates
MONTGOMERY, Ala. (AP) — More than 2,300 Alabama businesses are using special electric rates that a state regulatory board approved last year to encourage an economic recovery. Participation started slowly when the special rates kicked in last summer, but picked up as the program became better known. The businesses are seeing $849,800 in savings in their first year of participation, Michael Sznajderman, spokesman for Alabama Power Co., said Monday. BusinessWeek
Submitted 1 years 264 days ago

4
Likes

Former Alabama First Lady Marsha Folsom to run Black Belt bamboo company
BIRMINGHAM, Alabama -- Former Alabama first lady Marsha Folsom and several other investors plan to build a bamboo processing plant in the Black Belt and turn Alabama into "the Silicon Valley of bamboo," Folsom said Tuesday. Folsom has joined forces with the founders of bamboo flooring company Teragren and two other partners to launch Resource Fiber LLC, which through an Alabama division Folsom will head plans to build a processing plant that will employ about 100 and open next year. The Birmingham News
Submitted 1 years 264 days ago

 

 

 

Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Reshoring manufacturing capacity from primarily Asia to the South and Mexico is now a common thing to do and it's all about money. When China joined the World Trade Organization in 2001, the average manufacturing wage in China's Pearl River Delta (PRD) was about 58 cents an hour.

 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.


 


 

 

Winston-Salem NC
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