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Nashville Mayor Dean emphasizes need for transit system, welcomes immigrants
Mayor Karl Dean emphasized the need for mass transit options and its effect on maintaining quality of life in his State of Metro address today. Nashville Business Journal
Submitted 1 years 284 days ago

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Alabama Lawmakers close out session with override of governor, passage of gun bill
MONTGOMERY, Alabama --- The Alabama Legislature finished the 2013 session with a marathon day, passing dozens of bills and rejecting Gov. Robert Bentley's amendment to the Alabama Accountability Act. al.com
Submitted 1 years 284 days ago

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Solar Power: Will Water, Wind, and Solar Power Save Our Electric Grid?
What a great attraction electricity was as it finally made its debut in the 1901 World’s Fair. After the very first light bulb hit the streets of Saint Louis, how would we know that over 100 years later we would see headlines in our papers of citywide power outages due to overloaded power grids? policymic.com
Submitted 1 years 284 days ago

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NC regulators keep Duke Energy’s 2012 rate hike in place
N.C. regulators have denied state Attorney General Roy Cooper’s motion to roll back or reduce the 7.2% Duke Energy Carolinas' rate hike they approved last year. At least for now. Dallas Business Journal
Submitted 1 years 284 days ago

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Santee Cooper extends power deal with largest South Carolina customer
Santee Cooper will provide power to its biggest customer through at least 2058 under a deal signed today. The contract is between the state-owned public utility and Columbia-based Central Electric Power Cooperative, which sells electricity to 20 independent South Carolina co-ops. Post-Courier
Submitted 1 years 284 days ago

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South Texas Project and other plants contribute to boost in nuclear output
U.S. nuclear-power output increased to its highest level in 10 weeks as the South Texas Nuclear Project and other plants returned to production after maintenance closures, according to a Bloomberg analysis of Nuclear Regulatory Commission data. San Antonio Business Journal
Submitted 1 years 284 days ago

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AT&T looks to fill 120 jobs in South Carolina, 30 in Charleston region
Telecommunciations giant AT&T today announced that it is currently looking to fill more than 120 openings in South Carolina, including more than 70 new jobs. Post-Courier
Submitted 1 years 284 days ago

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Construction employment in Texas rose 7 percent in April
The job numbers continue to climb among Texas’ construction firms. Between April 2012 and April 2013, Texas-based contractors added a total of 41,500 employees to their payrolls, according to the latest report by Arlington, Va.-based Associated General Contractors of America (AGC). San Antonio Business Journal
Submitted 1 years 284 days ago

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NC Senate proposes defunding Rural Economic Development Center
In their quest to dismantle commissions and organizations created by Democrats in past years, N.C. Senate Republicans are taking aim at the granddaddy of them all: the state’s Rural Economic Development Center. The proposed Senate budget defunds the Rural Center, which received about $16.6 million in the state budget last year. It also creates a new division with the Department of Commerce to oversee rural economic development. News Observer
Submitted 1 years 284 days ago

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Outrage over 2010 BP spill charge dismissal
A member of Congress who led an investigation into the BP oil spill in 2010 expressed outrage that a judge threw out a charge against a former BP executive. U.S. District Judge Kurt Engelhardt from the Eastern District of Louisiana dismissed a charge of obstructing a congressional investigation into the Deepwater Horizon oil spill, ruling the indictment was flawed. UPI
Submitted 1 years 284 days ago

 

 

 

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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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