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Georgia-based payments company TSYS bringing 450 jobs to Henry County with new contact center
ATLANTA — Gov. Nathan Deal announced today that TSYS, a global payments company headquartered in Columbus, will create up to 450 jobs through a new contact center in Henry County. jacksonprogress-argus.com
Submitted 1 years 342 days ago

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Georgia’s unemployment rate rises to 8.1 percent
Georgia’s unemployment rate jumped to 8.1 percent in August from a revised 7.7 percent in July — even as the number of jobs increased and layoffs declined, the state labor department said Thursday. Atlanta Journal Constitution
Submitted 1 years 342 days ago

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Check out Boeing's plans for future space flights
The Boeing Company is giving us an inside look at one of the vehicles NASA has chosen to one day ferry astronauts to the International Space Station. The Crew Space Transportation capsule or CST-100 as its dubbed by Boeing can seat up to seven people, or a mixture of crew and cargo. It was designed and developed here in Houston at Boeing's headquarters. It will one day launch on top of an Atlas V rocket and will have the ability to return on land, cushioned by something similar to air bags. abc13.com
Submitted 1 years 342 days ago

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Boeing to bring 550 jobs to Florida
America is one step closer to leaping back into orbit, and that means good news for Florida. Two American companies, Boeing and Space-X, have new NASA contracts to ferry astronauts to the international space station. The Boeing deal will bring 550 jobs to central Florida. winknews.com
Submitted 1 years 342 days ago

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Fort Lauderdale-Hollywood International Airport’s new $719 million, 8,000-foot runway is ready for take off
The Fort Lauderdale-Hollywood International Airport is planning to open its south runway Thursday, the first part of a $2 billion expansion to alleviate crowds and flight delays at the budget-friendly travel hub. Miami Herald
Submitted 1 years 342 days ago

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Meetings Set on Arkansas' State Rail Plan
NORTH LITTLE ROCK - State highway officials plan two public meetings for later this month to discuss Arkansas' long-term plan for rail service. arkansasbusiness.com
Submitted 1 years 342 days ago

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Beaudet Aviation to Land at Little Rock, Create 75 Jobs
Beaudet Aviation, a subsidiary of JCB Aero of Toulouse, France, announced Wednesday that it will invest $2.5 million to open a facility in Little Rock, where it will be a key supplier to Dassault Falcon Jet. Beaudet said its facility, at 6001 Lindsey Road, will employ 75 people. Executives hope to expand to 150 to 250 employees in five years, adding new shops and perhaps building its own hangar to accommodate wide-body aircraft. arkansasbusiness.com
Submitted 1 years 342 days ago

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Which metro areas contribute the most to Alabama's economy?
The Birmingham-Hoover economy is as productive as Huntsville, Mobile, and Montgomery combined, according to new data. Each metro area's productivity can be estimated by calculating its gross domestic product, which captures the value of all goods and services produced by that area's residents. On Tuesday, the U.S. Bureau of Economic Analysis published new estimates for each metro area's GDP in 2013. AL.com
Submitted 1 years 342 days ago

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New income, poverty estimates show Alabama slow to recover; check out your county
New income, poverty estimates show Alabama slow to recover; check our your home Alabama's household median income edged up slightly between 2012 and 2013, and the poverty rate dipped, according to the latest U.S. Census Bureau estimates released Thursday. A look at the 2009 figures, though, shows just how much Alabama has struggled to recover from the so-called Great Recession. AL.com
Submitted 1 years 342 days ago

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Mayor's DUI arrest doesn't slow efforts to turn Alabama's largest dry town wet
Just weeks after its mayor was arrested for drunk driving, Alabama's largest 'dry' town could be gearing up for another vote on legalized alcohol sales. AL.com
Submitted 1 years 342 days ago

 

 

 

Features & Opinion

 Randle Report - Business News in the South

For those who still languish over "losing to China" or believe that the economy is still in recession, wake up and smell the data. Economic development in the South was about as good as it gets in calendar year 2015 according to the data. And as for China, borrowing a quote from the late football coach Bear Bryant that he made in the half-time locker room down 15-0 to Georgia Tech in 1960, "We got 'em right where we want 'em." For those of you who don't know the rich history of Alabama Crimson Tide football, Bama scored all of its 16 points in the fourth quarter, kicking a field goal on the last play of the game to beat Tech 16-15.
 

 Randle Report - Business News in the South

 FEATURE  
By Mike Randle
Today, factories in the U.S. make twice as much product as they did in 1984. And they are doing it with one-third of the manufacturing workforce. In fact, the output of durable goods in 2015 was the highest in the nation's history. So, we do have a strong manufacturing base, at least in the South, much of the Midwest and parts of the West, and it is getting stronger because on a cost-basis, we can compete with any major manufacturing nation in the world.  
 

 Randle Report - Business News in the South

FEATURE     
The argument for or against a minimum wage hike continues between the reds and the blues, as well as within the economic development community in the South. Should we stay the course with a minimum wage under $8 an hour to better compete with Mexico, the South's biggest competitor for jobs, or set a minimum wage just over $10 an hour, a wage floor most centrists support? That $10 per hour is, according to the MIT Living Wage Calculator, about right in most states in the South for one adult to be able to cover basic expenses plus all relevant taxes.
 
 Randle Report - Business News in the South
Recent data from the Computing Technology Industry Association (Comp TIA) showed that the technology industry is one of the fastest growing job generators in the South and the nation. The report also indicated that technology job compensation is growing faster than any other sector.
 


 

 

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