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Gas for $2 in Oklahoma? Appears likely, AAA says
OKLAHOMA CITY – Some gas stations in the OKC area are less than 25 cents away from hitting the $2 mark for gas. Kfor.com
Submitted 1 years 303 days ago

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Broken Arrow manufacturer pledges to add 175 jobs
Rise Manufacturing is set to add 175 jobs over the next decade through the Oklahoma Quality Jobs Program. Rise, a precision machine and fabricating shop for manufacturers that serve the energy, aerospace and defense industries will receive a maximum benefit of $2,847,275 over the course of their participation. Tulsa World
Submitted 1 years 303 days ago

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Mississippi, Maine Cut Higher Ed
CLEVELAND, Mississippi—Conor Bell may give up on the Mississippi Delta. Bell is a junior at a public university in the heart of this poorest corner of the poorest state in America – the birthplace of the blues. But the program that drew him here is being shut down. Bell studies journalism, victim of newly announced cuts to save $1 million at this Delta State University campus that will also claim foreign languages, theater arts, an athletic training program, communication studies, rhetoric, technical writing, and undergraduate majors in insurance and real estate. US News & World Report
Submitted 1 years 303 days ago

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Release: T.RAD expansion to cost $25M, create 200 jobs
Kentucky Lt. Gov. Crit Luallen will join executives from T.RAD alongside city and county officials Tuesday to break ground on a multi-million dollar expansion at T.RAD, according to a news release from the governor’s office. Kentuckynewera.com
Submitted 1 years 303 days ago

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Jackson device company expanding, adding 35 jobs
A device company is expanding its Jackson, Tennessee, operations. Orchid Orthopedic Solutions Alabama, a company that manufactures implants and instruments for orthopedic, dental and cardiovascular markets, is investing $2.1 million to grow its operation in the city. When it is completed, the expansion will create 35 new jobs. Memphis Business Journal
Submitted 1 years 303 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 303 days ago

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VIDEO: POLITICO Playback


Politico
Submitted 1 years 303 days ago

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Decker resigns from N.C. Commerce Department; DENR leader to replace her
N.C. Secretary of Commerce Sharon Decker has resigned from her statewide post – effective Dec. 31 – after submitting her letter of resignation to Gov. Pat McCory. Charlotte Business Journal
Submitted 1 years 303 days ago

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Virginia mulls offshore wind energy
WASHINGTON, DC-- Virginia's plans for offshore wind installations will be weighed against the environment and socioeconomic impacts, the federal government said. UPI.com
Submitted 1 years 303 days ago

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OPEC is allegedly trying to kill off the American energy boom. Easier said than done.
America's energy industry is battling OPEC with a ferocity not seen since the 1980s. So far, it's not backing down. The oil cartel's decision last week not scale back on production was widely seen as an attempt to choke off the U.S. shale boom. OPEC figures that by driving down oil prices, North American producers will collapse. CNN
Submitted 1 years 303 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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