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Out to lunch
The Randle Report is breaking for lunch and making way for a new editor shift. Click on the headline above to access Southern Business & Development's Web site for more detailed information on economic development in the South. Posts will resume at 12:30 pm CDT.
Submitted 2 years 20 days ago

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POLITICO Playback


Submitted 2 years 20 days ago

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Deal announces additional investment by Kia Motors
Automaker’s continued sales success motivates production efficiencies at West Point plant Gov. Nathan Deal today announced that Kia Motors, one of the fastest-growing car companies in the United States, is investing in production efficiencies at Kia Motors Manufacturing Georgia in West Point. In response to continued growth and success in product sales, Kia will make major investments in additional machinery, equipment and production upgrades for the future. Georgia.gov
Submitted 2 years 20 days ago

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Gov. Robert Bentley touts Alabama workers on recruiting trip for Airbus suppliers in Germany
HAMBURG, Germany -- Gov. Robert Bentley today delivered a speech to aerospace industry leaders gathered at the Aviation Forum 2012, where he touted the state's workforce and training programs as benefits for Airbus suppliers considering a move to the U.S. Bentley is in Germany this week, leading a state delegation of economic developers and elected officials who are trying to lure supplier projects and other business related to Airbus' planned $600 million, 1,000-job aircraft assembly plant in Mobile. Airbus and Alabama officials see the plant as a transformational project that could create ripples of new jobs and investment across the state, much like Mercedes-Benz did with the state auto industry. al.com
Submitted 2 years 20 days ago

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Report ranking Huntsville among fastest-growing U.S. cities 'reflects what we see every day'
HUNTSVILLE, Alabama - A new report that projects Huntsville will be the fastest-growing metro area in Alabama -- and No. 23 nationally -- over the next five years came as no surprise to Rex Reynolds. Reynolds, the city administrator, spent Monday touring Raytheon's new $75 million missile integration and testing center on Redstone Arsenal. Tonight, he'll be at the opening of Providence Place apartments in west Huntsville. On Thursday, he's scheduled to help christen Huntsville International Airport's expanded baggage claim area. al.com
Submitted 2 years 20 days ago

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Rick Perry to announce 'future plans' in July
Texas Gov. Rick Perry said Tuesday that he will "make an announcement about my future political plans" in July, according to a report by the Rio Grande Guardian. Perry, a three-term governor, could announce plans to seek a fourth term in 2014. But there's also a chance that Perry might be preparing another run for the White House, after a series of lackluster debate performances derailed his 2012 bid for the Republican presidential nomination. The Hill
Submitted 2 years 20 days ago

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Bob Corker’s plan great, but ...
On Monday, U.S. Senator Bob Corker, R-Tenn., issued the single most responsible, reasonable and realistic plan to address the “fiscal cliff” seen thus far. In order to evade the economy-butchering tax hikes and the automatic spending cuts scheduled to go into effect on Jan. 1, Corker proposed a blueprint to curb entitlements and reduce other spending by common-sense solutions. These solutions, such as slowly increasing the age of eligibility for Medicare and Social Security to reflect soaring longevity, introducing means testing for entitlements and implementing a benefits system for federal employees more in line with what private sector workers enjoy, will save taxpayers trillions of dollars without impacting the quality of government services. Chattanooga Times Free Press
Submitted 2 years 20 days ago

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Next TVA CEO Bill Johnson hit for prior work
A nuclear watchdog group is touting a memorandum sent by Bill Johnson -- TVA's soon-to-be new leader --as the smoking gun that should reopen the Duke-Progress energy merger that formed what is now the nation's largest utility company. Jim Warren, director of NC WARN in North Carolina, filed legal papers this week with the North Carolina Utilities Commission claiming that an April memo from Johnson to his Progress board shows he and Duke merger officials may have withheld information about the rising costs at the crippled Crystal River Nuclear Plant in Florida. Chattanooga Times Free Press
Submitted 2 years 20 days ago

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Amazon expands Chattanooga operation for Christmas season at 'Unbelievable' pace
Amazon employee Mitchell Prince said Tuesday he's in his second Christmas season at its Chattanooga distribution center and he termed the scope of business inside "unbelievable." "It's busier this year," the Fort Oglethorpe man said, noting the Enterprise South industrial park facility has expanded operations since its last peak period. Cyber Monday nationally was the biggest ever for online retailers, according to a company that tracks web sales. Internet sales were 30 percent higher over a year ago, reported IBM Benchmark. Chattanooga Times Free Press
Submitted 2 years 20 days ago

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Electrolux to bring 80 more jobs to Charlotte
Electrolux will move another 80 jobs to Charlotte from an Iowa facility, bringing the total number of company employees in town to more than 800. The new jobs go to the Electrolux research and development center on the north side of Charlotte. “We are increasing our R&D investment, moving closer to major science, engineering and technology universities and leveraging on the state-of-the-art research facilities that we already have in Charlotte,” says Chris Harris, vice president of laundry and dish-care products at Electrolux Major Appliances North America. Charlotte Business Journal
Submitted 2 years 20 days ago

 

 

 

Features & Opinion

 Top Ten Places in the South for Relocating California Companies

The America South is home to almost as many residents as the Northeast and the Midwest combined, but even that statistical record is about to be broken. According to a new Census Bureau study that came out in April, 51 percent of the nation's population jump occurred in the South from 2010 to 2013.
 

 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     
This is our annual "Made in the South" issue and it's timely because there is a new player in the South's manufacturing universe. For almost two decades, economic developers and politicos in the South and the U.S. have been chasing Chinese projects with little or nothing to show. Want proof we've been chasing ghosts in China for years? Okay, go ahead and name a Chinese brand that's made in the South? Tick. . .tick. . .tick. Give up?
 
 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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