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Sunoco spill in Louisiana raises concerns along Mariner East
A Louisiana oil spill is adding to anxiety for Pennsylvania residents who live near the Mariner East pipeline connecting the Marcellus Shale to Marcus Hook. Sunoco Logistics Partners L.P. of Philadelphia on Tuesday supervised cleanup operations in Northwest Louisiana after its Mid-Valley pipeline on Monday leaked thousands of gallons of crude oil into a creek that feeds Lake Caddo, near Shreveport. Philly.com
Submitted 1 years 344 days ago

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There's A Sunnier Life After Coal In Georgia
Life after coal is providing a sunny option in Georgia. That’s where Georgia Power just said it is buying 515 megawatts of utility-scale solar power from other providers and through power purchase agreements. Forbes
Submitted 1 years 344 days ago

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Georgia-Pacific to Invest $37M in Gurdon Ark. Lumber Plant
Georgia-Pacific of Atlanta has plans to invest $37 million in its lumber plant in Gurdon to expand the production capacity of the mill by about 60 percent. The improvements include the installation of a new continuous dry kiln and a planer mill, in addition to infrastructure improvements. The project is expected to be complete by the third quarter of 2015. Arkansasbusiness.com
Submitted 1 years 344 days ago

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Osceola high-tech manufacturing center breaks ground
Osceola County and the University of Central Florida broke ground Thursday on a new high-tech manufacturing facility near Kissimmee. Originally aimed at producing smart sensors, the facility may also include a broader focus on photonics. Orlando Sentinel
Submitted 1 years 344 days ago

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AL Democrat Griffith's big idea - but not his candidacy - gets big numbers in new poll
A poll released Thursday shows Democratic gubernatorial candidate Parker Griffith trailing incumbent Republican Robert Bentley by a wide margin even as the challenger's signature issue has broad support from the voters. AL.com
Submitted 1 years 344 days ago

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That's The Randle Report for October 16, 2014
Join us again on tomorrow morning for all of the American South's business, economic development and political news in real time and in one place. Use the sort buttons or the search window above to find your favorite stories from yesterday, last week, last month or last year. Click on the headline to access Southern Business & Development magazine.
Submitted 1 years 345 days ago

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Sigmatex selects South Carolina for its fifth manufacturing facility
COLUMBIA, S.C. –Sigmatex, a world leader in the manufacturing of carbon fiber textiles has selected Matthews Industrial Park in Orangeburg County as the location for its next facility in their global company. The company will invest $12 million initially and create 50 jobs over the next five years. Sigmatex’s investment in Orangeburg County is one of the largest capital investment projects the company has undertaken. The facility – the fifth manufacturing facility in Sigmatex's global system – is scheduled to be in operation by mid-2015 to begin supplying its North American customers. SC Commerce
Submitted 1 years 345 days ago

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The truth of #fangate and why Charlie Crist absolutely hates to sweat
To understand why Florida gubernatorial candidate Democrat Charlie Crist insisted on having a fan blowing on him during the yesterday’s debate with Republican Rick Scott, which almost stopped the whole show in its tracks, thus earning the hashtag #fangate, you need to know something about Crist and sweat. Washington Post
Submitted 1 years 345 days ago

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Voters Still Don’t Like The Guy, But Crist Is Now Leading In Florida
Have you ever had the choice between eating a two month old and three month old burrito? One is technically less bad, but neither is appetizing. That’s the choice currently presented to Florida voters in the race for governor there. I wrote in July that Floridians disliked both Democrat Charlie Crist and Republican Gov. Rick Scott. Yet, voters must pick one, and right now Crist appears to be — by a hair — the more popular choice. fivethirtyeight.com
Submitted 1 years 345 days ago

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Rick Scott faces the ‘Fangate’ heat
A day after Charlie Crist’s fan stole the show at the Florida gubernatorial debate, Rick Scott was the one sweating it out. Scott’s initial refusal to debate until handlers for the Democrat removed an electric fan beneath Crist’s podium — before ultimately relenting — has members of his own party scratching their heads, as the seven-minute standoff now dubbed “Fangate” nabs the headlines nationally and gives Democrats easy fodder for attacks. Politico
Submitted 1 years 345 days ago

 

 

 

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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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