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Goodman’s group a game-changer
RALEIGH — It’s less than three months old and has yet to launch a website or open an office, but a group of moderate Democrats is quickly gaining influence in the GOP-controlled General Assembly. The 15-member Main Street Democrats Caucus backed a gas tax bill that Gov. Pat McCrory signed into law March 31 and helped shepherd UNC Board of Governors nominees through the House selection process, said Rep. Ken Goodman, D-Richmond, the group’s founder and chairman. Yourdailyljournal.com
Submitted 1 years 241 days ago

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MO governor says 70 new jobs in Sikeston due to Orgill’s $10.2 million expansion
Missouri Governor Jay Nixon was in Sikeston Friday with local leaders and company executives in announcing plans by Orgill to expand its facility by more than 250,000 square feet. Kfvs12.com
Submitted 1 years 241 days ago

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Hillsborough County works to lure 300+ jobs, 3 companies
A potential headquarters operation with 130 high-paying jobs is one of three economic development proposals seeking incentives from the Hillsborough County Board of County Commissioners. Tampa Bay Business Journal
Submitted 1 years 241 days ago

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Speakers tout region’s ‘economic engines’
NATCHITOCHES – Approximately $80 billion in construction projects, most related to chemical processing industry, have been proposed in Louisiana since 2011. Shreveport Times
Submitted 1 years 241 days ago

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Huntsville area led the state in new job creation, capital investment in 2014
During a talk with the Chamber of Commerce of Huntsville/Madison County last year, state economic development leader Greg Canfield predicted 2014 would be a "banner year" for the area. AL.com
Submitted 1 years 241 days ago

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Carlex to expand, add 50 jobs
Carlex Glass Co. plans to expand its manufacturing operation in Vonore, adding 50 jobs. Parent company Central Glass Co. Ltc. announced today that a 100,000-square-foot expansion and a new production line will be added to the plant to manufacture laminated side windows. Knoxnews.com
Submitted 1 years 241 days ago

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OUT to LUNCH
The Randle Report is breaking for lunch and making way for a new editor shift. Click on the headline above to access Southern Business & Development's Web site for more detailed information on economic development in the South. Posts will resume at 1:30 pm CDT.
Submitted 1 years 241 days ago

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VIDEO: POLITICO Playback


Politico
Submitted 1 years 241 days ago

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700 jobs up for grabs at Virginia job fair
DANVILLE — Area employers will be recruiting for approximately 700 jobs at a community-wide job fair on Tuesday, April 14, from 11 a.m. until 2 p.m. at the Institute for Advanced Learning & Research in Danville. The job fair will feature 37 companies that have identified approximately 700 positions in manufacturing, health care, customer service, sales, maintenance, management, and more. Chatham Tribune
Submitted 1 years 241 days ago

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Industry officials: U.S. LNG future looks bright
When construction of the Freeport LNG (import) terminal started, forecasts envisioned a major increase in U.S. liquefied natural gas imports. Since 2008, when the terminal entered commercial operations, America's natural gas industry has changed due to shale gas activity. Houston Chronicle
Submitted 1 years 241 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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