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Pumping Muscle into U.S. Manufacturing
A number of recent initiatives, including a couple in the Midwest, are seeking to pump muscle into U.S. manufacturing as fresh data on industrial activity gives M&A professionals reason for optimism. Forbes
Submitted 2 years 19 days ago

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Maybe manufacturing jobs still pay more
All things being equal, you’d still rather be a factory worker in America today than a similarly skilled worker in another industry. That’s the conclusion of Commerce Department economists, who have combed national statistics and concluded the so-called wage premium in manufacturing is alive and well. Washington Post
Submitted 2 years 19 days ago

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Number Of Radical Anti-Government Groups ‘Reached An All-Time High’ In 2012, Report Finds
The Souther Poverty Law Center released a new report on Tuesday finding that “the number of conspiracy-minded antigovernment ‘Patriot’ groups reached an all-time high of 1,360 in 2012″ and that the number of hate groups has remained at “near record levels” of more than 1,000. The group is calling on the Departments of Justice and Homeland Security to increase the amount of resources devoted to tracking and combatting domestic radical anti-government groups. Think Progress
Submitted 2 years 19 days ago

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Attorney General Responds to Paul On Drone Strikes
Attorney General Eric Holder has responded to questions on the President’s authority to use drone strikes on U.S. soil in response to concerns about an overreach against civil liberties. White House Press Secretary Jay Carney on Thursday announced that Holder had written to Sen. Rand Paul (R-KY) to clarify the administration’s stance on the use of armed drones to kill U.S. citizens on American soil. In the letter, Holder acceded to Paul’s request that he place in writing of what he told the Senate Judiciary Committee in a meeting before the panel on Wednesday, that a drone strike against an American citizen who is not an imminent threat would be unconstitutional: Think Progress
Submitted 2 years 19 days ago

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Iredell NC communities tops for economic development — again
It’s back to the top for the Statesville-Mooresville area in terms of economic development. Charlotte Business Journal
Submitted 2 years 19 days ago

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U.S. has clean-energy trade surplus with China
American clean-energy companies racked up a $1.6 billion trade surplus with China in 2011, according to a report issued Wednesday. That’s right – surplus. The report from the Pew Charitable Trusts contradicts the widely held belief that China has overtaken U.S. leadership in clean technologies, a belief reinforced by the collapse of Fremont solar company Solyndra. Fuel Fix
Submitted 2 years 19 days ago

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Tech hovers in Houston's background
Houston is an energy town. And home of the world's largest medical center. But it's also got a foot in the tech world, a fact easily missed when the city's identity is so tied up with traditional manufacturing, energy and patient care. Houston Chronicle
Submitted 2 years 19 days ago

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Tennessee Orthopaedic Alliance to move HQ to new Connector area in 2015
The state’s largest private orthopedic practice plans to move its headquarters to the OneC1TY campus planned near the 28th/31st Avenue Connector off Charlotte Pike. The Tennessean
Submitted 2 years 19 days ago

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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 1:30 pm CDT.
Submitted 2 years 19 days ago

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Rand Paul's Filibuster May Have Been Dishonest, but Obama Asked for It
The drone war may not be a cancer on the Obama presidency, but a wise doctor at this point would order more tests. The issue has blown up in recent weeks, with the nomination of John Brennan as director of central intelligence and the leak of the Justice Department's mealy-mouthed "white paper" about the legal requirements for a targeted strike on a U.S. citizen abroad. On Wednesday, Senator Rand Paul of Kentucky seized the issue to fuel a "talking filibuster" of the Brennan nomination to highlight his claim that the Obama Administration now claims legal authority to kill "an American ... in a cafe in San Francisco or a restaurant in Houston or at their home in Bowling Green, Kentucky." The Atlantic
Submitted 2 years 19 days ago

 

 

 

Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Just look around at what's happening in the aerospace industry in the American South. Aerospace is really making a move to become one of the region's top two industry sectors. It’s not there yet, but if large project counts are any indication, aerospace may soon challenge the petrochemicals sector as the second largest industry in the region. Never before has the aerospace industry been so important to the South's economy. Oh, what's the No. 1 industry sector in the South? Automotive is, of course. That industry hasn't been challenged much for 25 years in this region, or since we’ve been counting.

 

 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
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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