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Health Diagnostic Laboratory, Inc Begins $25M, Second Phase, Expansion At Its Richmond, VA Facility
Health Diagnostic Laboratory, Inc. started on a $25 million, Phase II, expansion of its 283,000-square-foot complex that will house 400 additional employees. Area Development
Submitted 1 years 347 days ago

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Mark Sanford Ditched by NRCC, but Counting Him Out Would Be Unwise
Leave it to the National Republican Congressional Committee to take a bad situation and make it worse. After the unwelcome revelation that former South Carolina governor and GOP congressional nominee Mark Sanford has been accused of trespassing by his ex-wife, Jenny, national Republicans decided to pull the plug on funding for his campaign in advance of the May 7 general election. The Daily Beast
Submitted 1 years 347 days ago

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Mark Sanford Won’t Get Money From G.O.P. for House Bid
National Republicans on Wednesday backed away from Mark Sanford, the former South Carolina governor who is now running for Congress, after court documents alleged that he trespassed at his ex-wife’s house. New York Times
Submitted 1 years 347 days ago

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How Mark Sanford's Campaign Unraveled in the Past 48 Hours
The South Carolina congressional special election between scandalized former Gov. Mark Sanford and Stephen Colbert's sister, Elizabeth Colbert Busch, has somehow gotten weirder. Over the past two days, court documents detailing alleged violations of Sanford’s divorce and child-custody agreements have leaked, dominating the campaign. The Republican’s ex-wife, Jenny, accused him of repeatedly trespassing, among other things, and that's prompted the National Republican Congressional Committee to drop its support of Sanford. National Journal
Submitted 1 years 347 days ago

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Omega Plastics Plans $8.2M Expansion Of TN Headquarters, 80 new jobs
Omega Plastics will invest $8.2 million to expand its corporate headquarters in Clinton, Tennessee, with plans to add 80 new positions in Anderson County. Area Development
Submitted 1 years 347 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 347 days ago

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Toyota offered $146.5 million to expand Kentucky plant to make Lexus ES
Toyota Motor Corp. is being offered $146.5 million in tax incentives by Kentucky to expand its plant in Georgetown to build the Lexus ES. The Kentucky Economic Development Finance Authority on Wednesday approved the package, based on Toyota enlarging the Georgetown factory to add a new model by 2015. Auto News
Submitted 1 years 347 days ago

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Perry Wants Texas Gun Firms to Sidestep Fed Oversight
Amid his recent high-profile effort to draw firearms manufacturers to relocate to Texas, Gov. Rick Perry is also expressing an interest in amending state law to allow Texas-based firms that only sell guns to Texans to sidestep federal regulations. Texas Tribune
Submitted 1 years 347 days ago

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NC Governor McCrory Announces New Strategic Mobility Formula to Create More Jobs and Connect People with Opportunities
Raleigh, N.C. - Governor Pat McCrory introduced a new proposal for funding transportation projects today to accelerate North Carolina’s infrastructure investments and encourage greater economic growth. The strategic mobility formula would allow the N.C. Department of Transportation to use existing funds more efficiently, significantly increasing the number of projects to better connect economic regions and create more jobs. NC Commerce
Submitted 1 years 347 days ago

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BP oil spill cleanup continues, three years after blowout
As the three-year anniversary of the Deepwater Horizon blowout approaches, laborious efforts to remove mats of oil and tar balls are still underway along Gulf of Mexico shorelines. Grist
Submitted 1 years 347 days ago

 

 

 

Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Just look around at what's happening in the aerospace industry in the American South. Aerospace is really making a move to become one of the region's top two industry sectors. It’s not there yet, but if large project counts are any indication, aerospace may soon challenge the petrochemicals sector as the second largest industry in the region. Never before has the aerospace industry been so important to the South's economy. Oh, what's the No. 1 industry sector in the South? Automotive is, of course. That industry hasn't been challenged much for 25 years in this region, or since we’ve been counting.

 

 Randle Report - Business News in the South

 FEATURE  
By Stacy Randle
Demographer Wendell Cox recently analyzed the largest gains in holders of bachelor's and post-graduate degrees between 2007 and 2012 in the 51 metro regions in the U.S. of 1 million residents or more. The results were published in Forbes magazine and the South dominated the ranking.
 

 Business News in the South - Randle Report

FEATURE     
This is our annual "Made in the South" issue and it's timely because there is a new player in the South's manufacturing universe. For almost two decades, economic developers and politicos in the South and the U.S. have been chasing Chinese projects with little or nothing to show. Want proof we've been chasing ghosts in China for years? Okay, go ahead and name a Chinese brand that's made in the South? Tick. . .tick. . .tick. Give up?
 
 Nashville Mayour Karl Dean
If you have ever seen one of my presentations, then you know about the word "reshoring" and how that phenomenon has lifted the spirits of even the most skeptical Southerners regarding the future of the region's economy. After all, in the last four decades, manufacturing has suffered a bloodletting never before seen in U.S. history. The biggest factor behind the slow and long meltdown that began in the 1990s was the herd mentality to offshore manufacturing capacity to cheaper locales, primarily by U.S.-owned companies.
 


 

 

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