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Urban vs. Suburban: Which Location Will Allow Your Company to Grow?
It’s not difficult to understand why technology companies capture our attention. They offer innovative work environments, high-paying jobs, and a small degree of celebrity that comes with developing the world’s next big things. Area Development
Submitted 1 years 250 days ago

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Manufacturing-Related Student Enrollments Rise By 36%
Manufacturers Resource Center (MRC) is proud to announce a 36 percent increase in manufacturing related student enrollments in three of the region’s career & technical schools: Lehigh Career and Technical Institute (LCTI), Bethlehem Area Vocational-Technical School (BAVTS), and the Career Institute of Technology (CIT). Manufacturing.net
Submitted 1 years 250 days ago

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Japan Recession Could Slow U.S. Companies
Japan has slipped back into a recession for the second time in two years. That could mean more trouble for a range of U.S companies and industries that count on the country for sales. Manufacturing.net
Submitted 1 years 250 days ago

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Congressional inaction is damaging manufacturing
Manufacturers are fighting to rebound from the recession and grow opportunities and jobs, yet they still face congressional inaction on even the most bipartisan pieces of legislation, including the Miscellaneous Tariff Bill (MTB). While the most productive in the world, manufacturers in the United States face fierce competition overseas as they are saddled with the highest tax rate in the world, as well as a regulatory burden that totals more than $2 trillion annually in compliance costs. There are numerous actions Congress could and should take to address this imbalance, but it has failed over the past two years to take the simple step of eliminating import tariffs on necessary manufacturing components not even produced in the United States. The Hill
Submitted 1 years 250 days ago

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Kentucky Coal Company Falsified Water Pollution Reports, Environmental Group Alleges
A major Kentucky coal company falsified its pollution reports in the first quarter of 2014, according to multiple environmental groups that filed an intent to sue notice against the company this week. Think Progress
Submitted 1 years 250 days ago

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When Mega Corporations Get Mega Tax Breaks, We All Pay
Is corporate CEO pay really out of control? Well, consider Fleecing Uncle Sam, a new report from the Institute for Policy Studies and the Center for Effective Government. Of the 100 highest-paid CEOs in the US, the study finds, twenty-nine of them received more compensation than their companies paid in federal income tax. The Naiton
Submitted 1 years 250 days ago

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Winthrop Poll: SC residents support equal-pay law for women, say economy is on the mend
COLUMBIA — Heading into the holidays, S.C. residents are more optimistic about the economy but overwhelmingly agree that S.C. women face discrimination and need state laws to ensure they are paid fairly, according to a new Winthrop Poll released Wednesday. Three-in-four South Carolinians surveyed said the state should pass laws requiring private companies to pay women the same as men for the same job, while still allowing for different pay based on seniority or job performance. The State
Submitted 1 years 250 days ago

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A Few Surprises In The Senate’s Rejection Of The Keystone XL Pipeline
The Senate on Tuesday could not overcome a Democratic filibuster on a measure to approve construction of the Keystone XL pipeline. The vote mostly fell along easily recognizable lines. Every Republican voted for cloture, as did 14 relatively conservative Democrats. There were five more surprising votes: those of Democratic Sens. Michael Bennet of Colorado, Bob Casey of Pennsylvania, Tim Johnson of South Dakota, Bill Nelson of Florida and independent Sen. Angus King of Maine. Fivethirtyeight.com
Submitted 1 years 250 days ago

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DialAmerica Brings 100 New Jobs To Greenville SC
GREENVILLE, S.C. - DialAmerica is expanding its contact center in Greenville. That means 100 new jobs. DialAmerica is one of the nation's largest teleservices companies. wspa.com
Submitted 1 years 250 days ago

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TMC to open 8th floor adding 120 new jobs
DENISON, TX -- Texoma Medical Center is growing again, planning to open an 8th floor this spring. That will follow the addition of the 7th floor just last year. kxii.com
Submitted 1 years 250 days ago

 

 

 

Features & Opinion

 Randle Report - Business News in the South

For those who still languish over "losing to China" or believe that the economy is still in recession, wake up and smell the data. Economic development in the South was about as good as it gets in calendar year 2015 according to the data. And as for China, borrowing a quote from the late football coach Bear Bryant that he made in the half-time locker room down 15-0 to Georgia Tech in 1960, "We got 'em right where we want 'em." For those of you who don't know the rich history of Alabama Crimson Tide football, Bama scored all of its 16 points in the fourth quarter, kicking a field goal on the last play of the game to beat Tech 16-15.
 

 Randle Report - Business News in the South

 FEATURE  
By Mike Randle
Today, factories in the U.S. make twice as much product as they did in 1984. And they are doing it with one-third of the manufacturing workforce. In fact, the output of durable goods in 2015 was the highest in the nation's history. So, we do have a strong manufacturing base, at least in the South, much of the Midwest and parts of the West, and it is getting stronger because on a cost-basis, we can compete with any major manufacturing nation in the world.  
 

 Randle Report - Business News in the South

FEATURE     
The argument for or against a minimum wage hike continues between the reds and the blues, as well as within the economic development community in the South. Should we stay the course with a minimum wage under $8 an hour to better compete with Mexico, the South's biggest competitor for jobs, or set a minimum wage just over $10 an hour, a wage floor most centrists support? That $10 per hour is, according to the MIT Living Wage Calculator, about right in most states in the South for one adult to be able to cover basic expenses plus all relevant taxes.
 
 Randle Report - Business News in the South
Recent data from the Computing Technology Industry Association (Comp TIA) showed that the technology industry is one of the fastest growing job generators in the South and the nation. The report also indicated that technology job compensation is growing faster than any other sector.
 


 

 

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