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Idea of luring companies to Florida is gaining currency
This economic downturn has turned Florida from a state ambivalent about giving companies money to move here into one that is marketing itself with a growing package of economic development incentives. Sarasota Herald Tribune
Submitted 1 years 287 days ago

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Sneak peek at SunRail’s passenger car
If you thought the sneak peek ride-along tour of SunRail was cool, then you’re really going to love this. Orlando Business Journal
Submitted 1 years 287 days ago

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Dallas employers' health care costs rise, but at a slower pace
Here's some good news for employers on the health insurance front: This year, companies and workers in Dallas saw the lowest health care cost increases in more than six years. Dallas Business Journal
Submitted 1 years 287 days ago

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SC employment agency reducing workforce
The S.C. Department of Employment and Workforce will drop 136 of its own workers over the next seven months as the federal benefits extensions expire. The agency beefed up its workforce in the aftereffects of the Great Recession to handle unemployment claims that lasted in some cases up to 99 weeks because of federal funds provided to workers laid off in the harsh economy. But the agency no longer needs the additional workforce as the Emergency Unemployment Compensation and Extended Benefits programs run out. The State
Submitted 1 years 287 days ago

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Electrolux to hire in Memphis
Hiring is underway for Electrolux, and applicants must go through the Memphis-area Career Center. The Center's Workforce Investment Network (WIN) is charged with recruiting and screening all applicants for entry level positions at the new facility. wmctv.com
Submitted 1 years 287 days ago

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Study Shows More Manufacturing Jobs Created Under Democratic Presidents
Since World War Two, manufacturing jobs have grown under Democratic presidents and faced more challenges under Republicans, a new study reported on Monday. Democratic presidents presided over estimated employment rise of 7 million in the manufacturing sector over the course of seven administrations; In nine administrations, Republicans saw a fall of manufacturing jobs by an estimated 9 million. The Keystone Research Center broke down those numbers by region: Think Progress
Submitted 1 years 287 days ago

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Pro Towels expanding operations in Abbeville Co., SC
COLUMBIA, S.C. –– Pro Towels, a provider of screen printing and embroidery services for the promotional product industry, today announced plans to expand its current operations in Abbeville County. The $2.5 million investment is expected to generate 50 new jobs.
Submitted 1 years 287 days ago

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Wacker construction workers back on site
Most of the 1,200 construction workers on the Wacker Chemical plant in Charleston, Tenn., are back on the job today. Work was called off last week after two employees of Baker Concrete Construction fell from scaffolding and died. Wacker’s website had claimed that the site had been accident free until the incident. Chattanooga Times Free-Press
Submitted 1 years 287 days ago

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$2.4 billion deal will keep Fox, NASCAR together
CHARLOTTE, N.C. NASCAR and Fox Sports Media Group announced a $2.4 billion, eight-year extension Monday that runs through 2022 and keeps the prestigious Daytona 500 and first third of the Sprint Cup Series on the network. Fox, which has been with NASCAR since 2001, will pay an average of $300 million annually beginning in 2015 in its first fee increase in more than a decade. thatsracing.com
Submitted 1 years 287 days ago

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Charlotte Area Transit System to announce federal funding of light-rail extension
The Charlotte Area Transit System is scheduled to announce Tuesday morning that is has an official deal with the federal government to pay for half of the $1.16 billion light-rail extension to University City — the last hurdle before construction can begin. Charlotte Observer
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.


 


 

 

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