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Emerging solar plants scorch birds in mid-air
IVANPAH DRY LAKE, CALIF. — Workers at a state-of-the-art solar plant in the Mojave Desert have a name for birds that fly through the plant's concentrated sun rays — "streamers," for the smoke plume that comes from birds that ignite in midair. Federal wildlife investigators who visited the BrightSource Energy plant last year and watched as birds burned and fell, reporting an average of one "streamer" every two minutes, are urging California officials to halt the operator's application to build a still-bigger version. The investigators want the halt until the full extent of the deaths can be assessed. Raleigh News & Observer
Submitted 1 years 343 days ago

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GE in talks with Electrolux over Louisville appliance unit
General Electric officials confirmed Thursday that they are in talks with Swedish appliance manufacturer Electrolux and other potential buyers about acquiring the company's Louisville-based household appliances business. "GE is evaluating a wide range of strategic options for our appliances business, including discussions with Electrolux and other interested parties," the company said in a statement released Thursday following an Electrolux announcement confirming the talks. Any future sale would hold enormous implications for the Louisville economy and the livelihoods of 6,000 people employed at Appliance Park, which has added about 3,000 workers and undergone $800 million in renovations since 2009. Louisville Courier-Journal
Submitted 1 years 343 days ago

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Elephant Insurance adding staff, moving U.S. headquarters to Henrico Co., Va.
Elephant Insurance Services LLC will nearly double its staff and is moving its U.S. headquarters a few miles east into the Deep Run I office building in Henrico County. The building, formerly part of Circuit City's headquarters, is also home to Allianz Global Assistance. CBRE|Richmond said Elephant has leased 54,549 square feet at 9950 Mayland Drive. The real estate group said that marks an increase of about 25,000 square feet from Elephant's current space. The company has operated on East Shore Drive -- just off Nuckols Road west of Interstate 295 -- since it entered Richmond five years ago. Richmond Times-Dispatch
Submitted 1 years 343 days ago

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W.Va. coal losing ground to imports
In addition to competition from natural gas and the looming effects of proposed environmental regulations, Central Appalachian steam coal has another factor working against it right now: international competition. But this competition isn’t taking place in foreign markets, it’s happening right in the region’s backyard. The Wall Street Journal reported last week that while coal mines across Central Appalachia are announcing closures, U.S. coal imports are rising sharply. Charleston Daily Mail
Submitted 1 years 343 days ago

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Exclusive: Enterprise Florida’s Gray Swoope on the ins, outs of economic development


Submitted 1 years 343 days ago

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Why an Indictment Could Be a Blessing for Perry
After the schadenfreude surrounding news of Rick Perry's indictment subsided on Friday night, America awoke this weekend to a general consensus that the case against the Texas governor was overblown. Obama adviser David Axelrod deemed it "sketchy," Harvard Law professor Alan Dershowitz dubbed it "outrageous," and MSNBC's Tim Noah tweeted, "I'm no fan of Rick Perry & I'm no lawyer. But this indictment looks pretty thin to me." National Journal
Submitted 1 years 343 days ago

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Gov. Deal Announces $39.7 Million In Community Development Awards
Gov. Nathan Deal announced today that 82 Georgia communities will receive a total of $39.7 million in assistance to grow their local economies. The U.S. Department of Housing and Urban Development (HUD) awarded the funding to Georgia's Community Development Block Grant (CDBG) program, which is administered by the Department of Community Affairs (DCA). wsav.com
Submitted 1 years 343 days ago

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Why Georgia May Not Turn Blue Anytime Soon
Much has been said about the demographic and social changes that are supposedly sweeping through Georgia. Democrats hope these changes will make the Peach State competitive in 2014 for Jason Carter and Michelle Nunn, and might lead to Democratic wins in the 2016 Presidential and Senate races. Peachpundit.com
Submitted 1 years 343 days ago

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Presley to Obama: Mississippi doesn't want nuclear waste
Public Service Commissioner Brandon Presley has forwarded to President Obama resolutions passed by the PSC in opposition to storing nuclear waste in Mississippi. Clarion-Ledger
Submitted 1 years 343 days ago

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Louisiana Job Connection attracts 700 job seekers on first day in operation
Louisiana Economic Development launched its new website matching recruiters and job seeker Monday (Aug. 18), and more than 700 job seekers logged onto the website on its first day in operation. The free website debuted in June for employers and is now open to Louisiana residents and out -of-state job seekers. More than 600 employers are already using the site to fill thousands of positions. Times-Picayune
Submitted 1 years 343 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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