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Sale of Houston Dynamo owner AEG could fetch $10B
The proposed sale of Anschutz Entertainment Group, the majority owner of the Houston Dynamo Major League Soccer team, could fetch bids in the $10 billion range, higher than previously estimated, sources familiar with the situation told Reuters. Houston Business Journal
Submitted 2 years 16 days ago

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One bright spot in jobs market: truck drivers
Workers may find it difficult to get a job, but there’s one industry where employers can’t hire fast enough: trucking. “We are absolutely seeing [a] driver shortage right now,” said Rod Suarez from the American Trucking Association, the largest national trade association for trucking industry. “Employers have troubles finding qualified drivers. In some companies the hiring rate is lower than 10%.” Market Watch
Submitted 2 years 16 days ago

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Spirit Airlines to open crew base at D/FW, hire attendants
Spirit Airlines announced Tuesday that it will open a flight attendant and pilot crew base at Dallas/Fort Worth International Airport on Dec. 1. Dallas Business Journal
Submitted 2 years 16 days ago

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Talk About the South: What price of soul in Louisiana?
The closure of Louisiana charity hospitals, state-owned prisons and Southeast Louisiana Hospital in Mandeville appears almost set in stone. It’s as if the Sunset Limited is rolling down the tracks and no one can stop it. Well, that’s not completely true. The only ones who can stop it are state senators and representatives. Hammond Star
Submitted 2 years 16 days ago

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Low-cost airline looks to create Louisiana hub in New Orleans
A plan to bring a low-cost airline to New Orleans and create a regional hub that would provide direct flights from every major city in Louisiana to Louis Armstrong New Orleans International Airport will be presented this afternoon to the Regional Planning Commission in New Orleans. Business Report
Submitted 2 years 16 days ago

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South Carolina Offshore Wind Farm Could Produce Thousands of Jobs, Billions in Wages and Government Revenue
Besides producing a massive amount of clean, renewable power for local and regional use, building an offshore wind farm off the South Carolina coast could produce thousands of green jobs and millions of dollars in wages and state and local government revenues, according to a study by Clemson University’s Restoration Institute and Strom Thurmond Institute of Government and Public Affairs. Clean Technica
Submitted 2 years 16 days ago

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Port of New Orleans completes upgrades
NEW ORLEANS (AP) - Officials say facility upgrades at The Port of New Orleans have positioned the port to capture its share of the expected swell in container cargo after the 2015 opening of an expanded Panama Canal. katc.com
Submitted 2 years 16 days ago

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Exclusive: Fracking confronts Florida
South Florida may be ripe for fracking. The controversial process of drilling for oil and natural gas is pumping billions into government coffers, residents’ pockets and energy company bank accounts across the country, creating thousands of jobs, reducing reliance on foreign energy — and causing environmental concerns. News-Press
Submitted 2 years 16 days ago

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Firestone Building Products Completes $36 Million Expansion To Its Prescott, Arkansas Roofing Plant
Firestone Building Products Company, a roofing system manufacturer, completed its $36 million, 52,500 square foot, expansion and upgrade of its single-ply EPDM manufacturing plant in Prescott, Arkansas, where it plans to add 100 employees. Area Development
Submitted 2 years 16 days ago

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Weyerhaeuser Plans $6 Million Investment to Upgrade Its Natchitoches, Louisiana, Lumber Plant,
Weyerhaeuser, a forest products company, plans a $6 million capital investment to upgrade its 250,000 square foot Natchitoches, Louisiana, forest products plant. Area Development
Submitted 2 years 16 days ago

 

 

 

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Features & Opinion

 Top Ten Places in the South for Relocating California Companies

The America South is home to almost as many residents as the Northeast and the Midwest combined, but even that statistical record is about to be broken. According to a new Census Bureau study that came out in April, 51 percent of the nation's population jump occurred in the South from 2010 to 2013.
 

 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

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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