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Huntsville, Montgomery among top 10 places for veterans to find jobs after service
The Huntsville and Montgomery metros areas made list of the top 10 best places for veterans to find jobs after leaving the armed forces, according to Sperling's Best Places.
Submitted 1 years 276 days ago

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Fuel costs down 25 percent in past year for TVA customers
Winter heating bills won't take quite as much cold cash from Tennessee Valley consumers this month compared with a year ago. Chattanooga Times Free-Press
Submitted 1 years 276 days ago

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Chattanooga area companies hope to tap Uranium Processing Facility 'project of a lifetime'
With a price tag at least six times the cost of Chattanooga's Volkswagen plant, the planned $6.5 billion Uranium Processing Facility in nearby Oak Ridge is "the project of a lifetime" and a catalyst for growing area companies, an official said Thursday. Chattanooga Times Free-Press
Submitted 1 years 276 days ago

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Provision Of Texas' New Abortion Restrictions Reinstated By Federal Appeals Court
AUSTIN, Texas (AP) — A federal appeals court on Thursday ruled that most of Texas' tough new abortion restrictions can take effect immediately — a decision that means a third of the state's clinics that perform the procedure won't be able to do so starting as soon as Friday. Huffington Post
Submitted 1 years 276 days ago

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That's The Randle Report for Thursday, October 31th, 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. Click on the headline to access Southern Business & Development magazine.
Submitted 1 years 276 days ago

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New Athens plant key to Caterpillar
Bogart — After a difficult third quarter for his company, Caterpillar Chairman and CEO Doug Oberhelman said Thursday he was grateful to have a reason to celebrate. The top officer of the Illinois-based company that builds giant earthmovers said he found it in the grand opening celebration of Caterpillar’s sprawling factory here that straddles the Athens-Clarke and Oconee County line. The factory, about 60 miles northeast of downtown Atlanta, will be Caterpillar’s “global source” for “small-track” bulldozers and mini hydraulic excavators. It was a major manufacturing coup for Georgia when it was announced early last year. AJC.com
Submitted 1 years 276 days ago

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Boeing 777x aircraft: Will new jet be built in South Carolina?
Boeing Co has decided to place a significant amount of design work for its new 777X jetliner in a handful of cities around the U.S. and overseas, moving work outside the Seattle area where the current 777 was designed and is being built. "It has been decided that much of the detailed design will be carried out by Boeing engineering teams in Charleston (South Carolina), Huntsville (Alabama), Long Beach (California), Philadelphia and St. Louis," Boeing told employees on Wednesday in an internal memo obtained by Reuters and confirmed by Boeing on Wednesday. Christian Science Monitor
Submitted 1 years 276 days ago

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North Texas ‘aerotropolis’ adds $31.6 billion to economy
Dallas/Fort Worth International Airport generated $31.6 billion in economic activity this year for North Texas, a region that can be understood as an “aerotropolis” of passengers and freight connected to the world, airport officials said Wednesday. Airport vice president John Terrell said the growth estimate was from an economic impact analysis nearing completion by the University of North Texas Center of Economic Development and Research. Previous estimates have put the airport’s contribution between $15 billion and $16.8 billion. DallasNews.com
Submitted 1 years 276 days ago

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Drilling fluids company holds grand opening in Katy, Texas
Newpark Drilling Fluids held the grand opening for its $33 million headquarters and technology center in Katy on Wednesday. The company, a 16-year-old subsidiary of The Woodlands-based Newpark Resources, offers fluids for onshore and offshore drilling. The new 11-acre complex consolidates Newpark’s 140 employees and houses labs for developing new drilling fluids and training customers and staff. FuelFix.com
Submitted 1 years 276 days ago

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Economist to Charlotte business owners: Borrow big now for economic upswing coming later
Business owners should be borrowing big to expand their companies, hiring more staff, and ditching any lingering fears from the 2008 recession because the economy will be on an upswing to 2017. Being aggressive now will not only keep businesses ahead of the curve, but also help owners get ready for the next recession – possibly coming in 2018 or 2019. That was the advice – and warning – from economist Brian Beaulieu, who spoke to about 200 attending Wednesday's Vistage All-City 2013 at Harris Conference Center. Vistage is a worldwide collection of peer advisory groups for CEOs, executives and business owners. CharlotteObserver.com
Submitted 1 years 276 days ago

 

 

 

Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Urban areas have all kinds of assets that are easy to spot. They have the population, so the labor shed is not usually an issue. Urban areas are also connected by better roads, rail and air service and many have river and deep water ports. Usually Internet access and other forms of communication are more efficient in urban areas. And you have a larger array of quality of life options to choose from, such as the cultural assets found in metropolitan areas.
 

 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     
After I finished the cover story for this issue, I read an interesting article by economist Paul Krugman, the op-ed columnist for the New York Times, titled, "Partying like it’s 1995." Generally I side with Krugman, even though I am a journalist, not an economist. Occasionally, though, I read some of his stuff and ask myself, "What planet did Krugman come from?" Like when he predicted a shift of automotive assembly to Canada after Toyota announced a new plant in Woodstock, Ontario in 2005 because of "free healthcare," among other benefits. That Toyota deal was the last major automotive assembly plant announced in Canada and I predict it will be the very last one for the Canadians.
 
 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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