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Industry, Entrepreneurs Await FAA Small Drone Ruling
In October 2011, Raphael Pirker, an unmanned aerial vehicle enthusiast, flew a Ritewing Zephyr powered glider aircraft around the University of Virginia in Charlottesville. He used it to take aerial video and photographs. When the Federal Aviation Administration - the agency tasked with regulating unmanned aircraft - later heard about his flight, it accused Pirker of flying recklessly and slapped him with a $10,000 fine. insurancenewsnet.com
Submitted 1 years 310 days ago

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UPS expands Memphis facility
Construction recently began to expand by one-third the UPS® package distribution facility on Swinnea Road in Memphis. The project will add approximately 140 000 ft2 of building space bringing the total to more than 430 000 ft2 at an estimated cost of US$ 70 million. The facility will improve processing rates through increased capacity and expanded use of UPS's next generation sorting technology when completed in early 2016. lngintdustry.com
Submitted 1 years 310 days ago

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Coal fires up West Virginia House race
HUNTINGTON, W.Va. — Deep in coal country, the candidates waging one of the nation’s most closely watched House races are competing to show who is the most outraged by President Barack Obama’s environmental policies. Politico
Submitted 1 years 310 days ago

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In Virginia, Medicaid expansion fight escalates
RICHMOND — Two state workers gained access to Virginia Gov. Terry McAuliffe’s deserted office suite one recent Sunday, on a mission from Republican House Speaker William J. Howell. Watergate it was not. The workers were escorted by the chief of Capitol Police. Their assignment: to drop off a copy of the state budget bill. Washington Post
Submitted 1 years 310 days ago

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Governors to convene in Nashville for NGA meeting
NASHVILLE, Tenn. (AP) - Governors from across the nation will convene in Nashville next month. They will be attending the National Governors Association summer meeting from July 10-13. Governors will discuss innovative work in states in several areas, including education, workforce, health care, veterans and jobs. wrcbtv.com
Submitted 1 years 310 days ago

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Infiniti Decherd Powertrain Plant Begins Assembly of 2.0L Turbo Engines for Infiniti Q50 and Mercedes-Benz C-Class
NASHVILLE, TENN. — Infiniti today began assembly at the Infiniti Decherd Powertrain Plant, a collaboration between the Renault-Nissan Alliance and Daimler AG. The first engine to be assembled at the all-new facility is a 2.0-liter turbocharged gasoline 4-cylinder developed by Daimler. The engines will initially be used in European versions of the Infiniti Q50 sports sedan and the Mercedes-Benz C-Class assembled in Tuscaloosa, Alabama. Presiding over today’s opening celebration were Tennessee Governor Bill Haslam, Infiniti Motor Company President Johan de Nysschen, Infiniti Americas Vice President Michael Bartsch, Infiniti Decherd Powertrain Operations and Battery Plant Vice President Gary Edwards and Erhard Schletterer, Director Engine Production Mercedes-Benz. heraldonline.com
Submitted 1 years 310 days ago

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Volvo Trucks plans $69m investment in Dublin plant
DUBLIN, Va. — Volvo Trucks North America says it will invest $69 million in improvements at its New River Valley plant in Dublin. Tricities.com
Submitted 1 years 310 days ago

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Bardstown Bourbon Company, fifth in Nelson Co., is to begin construction for 2016 open
“This is another exciting day for one of Kentucky’s signature industries,” said Gov. Steve Beshear. “The world’s thirst for bourbon continues to grow, and The Bardstown Bourbon Company’s announcement will help satisfy that demand. I look forward to seeing this distillery up and running and the positive impact it will have here in Nelson County and across the Commonwealth.” kyforward.com
Submitted 1 years 310 days ago

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Bardstown Bourbon Company Invests $25 Million In Bardstown, Kentucky, Distillery
The Bardstown Bourbon Company will invest $25 million to build a distillery in Bardstown, Kentucky, with plans to create 35 jobs. Area Development
Submitted 1 years 310 days ago

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Comcast Expanding Center of Excellence In Fort Myers, Florida
Comcast is expanding its customer service “Center of Excellence” in Fort Myers, Florida, with plans to hire 200 new customer service agents and 20 leadership positions by the end of the year. Area Development
Submitted 1 years 310 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 Mike Randle
The belief that "80 percent of all new jobs come from existing business and industry" is an out-of-date, old-fashioned fabrication. I have no idea how it started, where it started, or who said it first, but there are professionals in economic development as well as leaders of government in the South who actually believe that each year, 80 percent (why 80 percent I don't know, either) of all new jobs are created by existing business and industry. I hear it all the time and I just roll my eyes. There is nothing static in economic development but this: 100 percent of all lost jobs come from existing business and industry. That, and of course 100 percent of the time site consultants never pay for a meal.
 

 Business News in the South - Randle Report

FEATURE     
According to Chinese theory, yin is a passive, negative force and yang is an active, positive force. Chinese philosophers believe that the opposing forces aren't really contradictory. Instead, they are interconnected and complimentary, interacting to create a balance in one's life. 
 
 Nashville Mayour Karl Dean
The Annie E. Casey Foundation's KIDS COUNT report was released in the summer quarter. I try to read it every time it comes out since I find it to be the best indicator of child poverty, a statistic everyone involved in economic development needs to be aware of. The Annie E. Casey Foundation is a charity that supports disadvantaged children. 
 


 

 

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