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SC Gov. Haley: Mercom Corporation Expanding Operations in Georgetown County
COLUMBIA – Mercom Corporation, a provider of network technology services, today announced that it will expand its existing operations in Georgetown County. The $1 million investment is expected to generate 30 new jobs. “Our company continues to see growth, and we are pleased to move forward with this expansion. South Carolina has been an excellent fit for our business over the years. Georgetown County provides us with an excellent business environment and a strong workforce, and we look forward to continue doing business here. We appreciate all the support we’ve received from state and local officials,” said Mercom Vice President/Chief Operating Officer Larry Mercado. Southern Governor's Association
Submitted 1 years 362 days ago

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One In Four American Workers Will Be In Low-Wage Jobs For The Next Decade
The share of the economy made up by low-wage jobs has grown since the Great Recession, and according to one new study, it won’t shrink in the future even as the economy continues to recover. The number of Americans working in low-wage jobs — those that pay wages equal to or below the poverty line — will remain steady over the next decade, according to the Economic Policy Institute, as CNNMoney reports: Think Progress
Submitted 1 years 362 days ago

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Sen. Sessions: ‘I Am Offended’ By Views Of Climate Scientists
The Senate hearing on climate science this Wednesday, unsurprisingly enough, appears to have changed little with respect to the politics of climate change on Capitol Hill. Indeed, a significant portion of the discussion was dominated by debate over Dr. John Christy’s particular brand of denialism, a well-trod debate. Think Progress
Submitted 1 years 362 days ago

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Mississippi Gov. Phil Bryant vows to improve state's unemployment rate
PHILADELPHIA, Miss. – Gov. Phil Bryant said Thursday he wants to cut Mississippi’s unemployment rate from June’s 8.8 percent to 7.5 percent by 2015. Commercial Appeal
Submitted 1 years 362 days ago

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South Carolina fights deeper Savannah port despite win for both ports
COLUMBIA, S.C. — President Obama delivered good news for the Port of Charleston last month, but it hasn’t softened South Carolina leaders’ stance against the Savannah harbor deepening. Savannah Morning News
Submitted 1 years 362 days ago

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Immigrants Prove Big Business for Prison Companies
(MIAMI) — The U.S. is locking up more illegal immigrants than ever, generating lucrative profits for the nation’s largest prison companies, and an Associated Press review shows the businesses have spent tens of millions of dollars lobbying lawmakers and contributing to campaigns. TIME
Submitted 1 years 362 days ago

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Florida economy faces long road to recovery, report says
The University of Central Florida's latest economic forecast tries hard to find something nice to say about the state's condition. Being in a recovery – even a bumpy, sluggish, unsatisfying one – it says, "sure beats an economic recession," says the report released Thursday. But Florida, it concludes, has a very long way to go before it's once again feeling strong. Orlando Sentinel
Submitted 1 years 362 days ago

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Rubio blasts Obama as 'wedded to the ideas of the Old World'
U.S. Sen. Marco Rubio laid the Republican perspective for President Barack Obama's speech in Winter Park today by declaring the election is a choice between Republican challenger Mitt Romney, who believes in "the miracle of free enterprise," and Obama, who does not. Orlando Sentinel
Submitted 1 years 362 days ago

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Fla. governor warns Congress about defense cuts
TALLAHASSEE, Fla. (AP) -- Florida Gov. Rick Scott is wading into the fray over looming federal budget cuts. Scott on Thursday asked leaders of Congress to stop potential defense cuts he called devastating for the state's economy. Tampa Tribune
Submitted 1 years 362 days ago

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Tampa Spending $115,000 on Water, Toilets for Convention Protesters
Tampa is going out of its way to ensure that everyone coming to town for the Republican National Convention has a good time – even those arriving to protest. Newsmax
Submitted 1 years 362 days ago

 

 

 

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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