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NC House members worry that 75 mph speed limit really means 85 mph
RALEIGH — A favorable House committee vote Tuesday moved North Carolina a step closer to setting highway speed limits as high as 75 mph, but some legislators worried that drivers really would get away with driving as fast as 85 mph. Rep. Nelson Dollar, a Republican from Cary, called it an “unwritten rule.” News Observer
Submitted 2 years 15 days ago

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U.S. Automakers Are On A Roll, But Hiring Is Slow And Steady
There is one basic question that keeps being asked about the U.S. auto industry: Is it on the rebound? "People ask a lot, is the auto industry back?" says Kristin Dziczek, a director at the Center for Automotive Research. "And it depends on what scale you want to look at." NPR
Submitted 2 years 15 days ago

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Gov. Fallin announces French aerospace manufacturer for Grove
The 2013 Paris Air Show yielded a new aerospace manufacturer for Grove, where Australian firm Ferra Engineering will expand with a new 20-person facility. Ferra is a designer and manufacturer for companies such as Lockheed Martin, Boeing and Airbus. Gov. Mary Fallin made the announcement from Le Bourget, Paris, where she is joining a delegation of Oklahoma companies at the world's largest gathering of aerospace manufacturers and airlines. Tulsa World
Submitted 2 years 15 days ago

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Fiat-Chrysler CEO hints Tennessee could be home for headquarters
Would Fiat-Chrysler CEO Sergio Marchionne seriously consider moving the combined company’s headquarters to Tennessee once the merger of the two automakers is completed? The Tennessean
Submitted 2 years 15 days ago

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Tennessee officials courting Fiat-Chrysler for headquarters
PULASKI, Tenn. — State officials are making the case to Fiat head Sergio Marchionne to select Tennessee -- not Michigan -- for the Italian automaker's joint headquarters with Chrysler Group LLC. crainsdetroit.com
Submitted 2 years 15 days ago

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Two Memphis business expansions would create 208 jobs, lay out $36.5 million
Old Dominion Freight Line wants to move and expand its Memphis operations near -- but not across -- the Mississippi border, creating 188 new jobs and spending 31.3 million on new facilities. Barnhart Crane and Rigging also wants to grow in Memphis, buying extra property, hiring 20 more people and spending 5.2 million. menafn.com
Submitted 2 years 15 days ago

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Georgia Power execs reject solar proposal
ATLANTA — Executives with the state’s largest electric utility told regulators Tuesday they don’t need more generating capacity and that closing plants to add solar would boost consumers’ bills. Savannah Morning News
Submitted 2 years 15 days ago

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What Should Reform Conservatives Say And Do About Jobs?
Fellow #reformocon Noah Kristula-Green faults me and Ross Douthat at U.S. News for not paying enough attention to jobs when we set out our reform conservative agendas. I’ll let Ross respond for himself if he wants to but I’ll say a few words for myself. Forbes
Submitted 2 years 15 days ago

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Mississippi town using industrial park to attract new jobs
More trailers are being hauled away where the Smithville temporary school once stood on land owned by the Monroe County Board of Supervisors. wtva.com
Submitted 2 years 15 days ago

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Cobb Co., Ga., looking to find 50 acres to bring 350 manufacturing jobs to the county
County development officials are trying to find 50 acres for a company that wants to locate here from the Northeast and create potentially 350 manufacturing jobs. The Marietta Daily Journal
Submitted 2 years 15 days ago

 

 

 

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Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Urban areas have all kinds of assets that are easy to spot. They have the population, so the labor shed is not usually an issue. Urban areas are also connected by better roads, rail and air service and many have river and deep water ports. Usually Internet access and other forms of communication are more efficient in urban areas. And you have a larger array of quality of life options to choose from, such as the cultural assets found in metropolitan areas.
 

 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     
After I finished the cover story for this issue, I read an interesting article by economist Paul Krugman, the op-ed columnist for the New York Times, titled, "Partying like it’s 1995." Generally I side with Krugman, even though I am a journalist, not an economist. Occasionally, though, I read some of his stuff and ask myself, "What planet did Krugman come from?" Like when he predicted a shift of automotive assembly to Canada after Toyota announced a new plant in Woodstock, Ontario in 2005 because of "free healthcare," among other benefits. That Toyota deal was the last major automotive assembly plant announced in Canada and I predict it will be the very last one for the Canadians.
 
 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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