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TVA considering fuel made from nuclear weapons to power local plants
TVA was taking the pre-emptive route Tuesday when it released a set of talking points about its part in preparing an environmental impact statement on the use of MOX fuel made from surplus nuclear weapons to power Sequoyah and Browns Ferry nuclear plants. MOX, short for mixed oxide fuel, is a blend of plutonium and uranium, and the draft environmental impact statement is to be posted this week in the Federal Register, according to TVA spokesman Ray Golden. Chattanooga Times Free Press
Submitted 1 years 364 days ago

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Alabama seeks its Internet sales tax
Alabama leaders are watching, and in Gov. Robert Bentley’s case, throwing support behind, a federal bill that would require large online retailers to collect local sales taxes. In Alabama’s case, lost revenue from Internet purchases total more than $200 million a year, according to one study. On Tuesday, Bentley joined several other governors in signing a letter encouraging U.S. House and Senate leaders to support the Marketplace Fairness Act. The Times Daily
Submitted 1 years 364 days ago

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Guess What Percentage Of Americans Work For The Government Now Versus The Late 1970s?
To hear some people tell it, you'd think the American government had expanded radically in recent years--so much so that a vast percentage of the population now works for the government. Nope. As the charts below show, about 7% of Americans now work for the government. (All government--federal, state, and local). That's about the same percentage of Americans who were working for the government 35 years ago, in the late 1970s. Business Insider
Submitted 1 years 364 days ago

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Columbus, Ga. region trying to attract 8 key industries to the area


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Company's expansion into Lanett, Ala. to create 35 jobs
A company that manufactures high-temperature thermal shielding and noise suppression products for the automotive industry will expand its operations to Lanett’s Huguley Industrial Park, the Chambers County Development Authority announced on Monday. Midwest Acoust-A-Fiber Inc. will be locating in an existing portion of the Knauf Insulation facility at the industrial park, a move that will create 35 jobs, CCDA Director Valerie Gray said. Opelika-Auburn News
Submitted 1 years 364 days ago

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Synovus profitable, but TARP repayment still to come
Synovus Financial, the second-largest banking company based in Georgia, swung to a second quarter profit, but company officials said Tuesday it is not likely to repay its nearly $1 billion crisis-era aid before 2013. Synovus has the largest amount still outstanding of any bank under the federal government's Troubled Asset Relief Program, though the company has paid $152.7 million in dividends. Atlanta Journal Constitution
Submitted 1 years 364 days ago

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Muppet company cuts ties with Chick-fil-A
The maker of "The Muppets" is severing ties with Chick-fil-A due to the fast-food company's opposition to gay marriage. Jim Henson Co., which has produced characters for "The Muppets," "Labyrinth" and "Fraggle Rock," had recently been working with the Atlanta restaurant chain to create products for its kids' meals. The offerings included five build-your-own puppets from Jim Henson's Creature Shop, using pieces that are punched out from the plastic meal container, according to a cached version of the Chick-fil-A website. Atlanta Journal Constitution
Submitted 1 years 364 days ago

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Higher Costs Bring Some U.S. Manufacturers Home
Seesmart Inc., a small California lighting company, used to make all of its LED products in China, but last year that started to change. Frustrated by expensive and slow shipping and wanting more control over the manufacturing process, the 15-year-old company started building factories in Simi Valley, California, and Crystal Lake, Illinois. "When we do the numbers we're actually ahead manufacturing here instead of paying for air freight and dealing with the logistical issues that we're having in China," said Raymond Sjolseth, the company's president and co-founder. The Fiscal Times
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That's The Randle Report for July 24, 2012
That's a wrap on The Randle Report for today. Feel free to use the sort buttons above or the search window to find your favorite stories from today, last week, last month or in the last year. If you are looking for more information on economic development in the South, click on the headline above to read Southern Business & Development magazine. If you want to keep up with the South's growing automotive industry, go to www.SouthernAutoCorridor.com.
Submitted 2 years 0 days ago

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Air Force C-17 Globemaster III makes surprise landing at tiny Peter O. Knight Airport on Tampa's Davis Islands


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Features & Opinion

 Top Ten Places in the South for Relocating California Companies

In growth, companies find themselves in the dilemma of identifying capital to increase capacity and managing opportunity cost where capital may be deferred. This dilemma is amplified as capacity constraints drive a company to complete the site selection process for an expanding or new facility. 
 

 Randle Report - Business News in the South

 FEATURE  
By Dr. Glen Fenter
Desperation sometimes masks itself in acceptance. Such was the case for Takelia Carter of Marion, Ark. For Carter, the mother of six school-age children in a low paying job, desperation was normative existence. This was her life in Crittenden County, Ark., deep in the Delta where unfortunately one in four families lives well below the poverty level.
 

 Business News in the South - Randle Report

FEATURE     
By Mike Randle
There are numerous factors driving the new industrial revolution in the South. And it is a revolution, as this manufacturing surge that began in 2007 continues to break records year after year in the total number of large, capital intensive projects. One factor, of course, is that reshoring of facilities back to the U.S. continues to grow each year.
 
 Nashville Mayour Karl Dean

We try to change up the categories in our annual Ten Top 10s section, but we always include the "Ten People Who Made a Difference" category. This year though, we are honoring 12 and you will learn why by reading about this group of folks who have made a difference in the South. Here is our annual list that includes executives, economic developers and politicians who have made a difference in the South's economy.


 


 

 

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