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Birmingham ranks near the bottom for small biz vitality
Birmingham landed near the bottom in a new ranking of metro areas for small business vitality. Birmingham Business Journal
Submitted 2 years 22 days ago

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Japanese manufacturer to open Peachtree City facility
A Japanese manufacturer of feed ingredients for the livestock and poultry will put its U.S. headquarters and first U.S. manufacturing operation in Peachtree City, Ga. Atlanta Business Chronicle
Submitted 2 years 22 days ago

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Postal service says it lost $1.3 billion during the holiday months
The cash-strapped U.S. Postal Service, which announced further cost-cutting moves this week, said Friday that it lost $1.3 billion in the final three months of 2012. The losses came during the holiday shopping season, which has historically been the post office's strongest time of the year. The Hill
Submitted 2 years 22 days ago

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Food Lion parent company eliminating 500 positions
The parent company of Food Lion is laying off 350 corporate-level employees and eliminating 150 open positions. The Salisbury Post reports Delhaize America CEO Roland Smith told employees in an internal email this week all the layoffs will be above the store manager level. Post-Courier
Submitted 2 years 22 days ago

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Cardinals set to break ground today on $100M Ballpark Village
Nearly seven years after the new Busch Stadium opened, the Cardinals have set a date to start construction on the empty lot next door known as Ballpark Village. St. Louis Today
Submitted 2 years 22 days ago

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New lawsuit challenges 'scarlet letter' provision of Alabama immigration law (updated)
MONTGOMERY, Alabama - A coalition of civil rights organizations has filed a lawsuit challenging an unimplemented provision of Alabama's immigration law that requires the state to publish a database of illegal immigrants who have had run-ins with the law. al.com
Submitted 2 years 22 days ago

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How Two-Tier Union Contracts Became Labor's Undoing
Two-tier wage systems go way back. The Roman Emperor Marcus Opellius Macrinus, in need of a larger army but short on cash, cut the pay for new recruits, forcing them to endure the same battlefield risks as veterans, but at a lower wage. That annoyed the new warriors, and their resentment ignited an army revolt that in 218 ad cost the emperor his life. The Nation
Submitted 2 years 22 days ago

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Sen. Lamar Alexander touts GOP backers
Sen. Lamar Alexander (R-Tenn.) continues to aggressively shore up Republican support in an effort to head off a 2014 primary from his right. The senator’s reelection campaign announced Thursday afternoon that all 13 living former state GOP chairs have agreed to serve as honorary co-chairmen. Politico
Submitted 2 years 22 days ago

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NEW: Snowstorm cancels flights at Sarasota, Tampa
SARASOTA - Both JetBlue and Delta Airlines canceled flights Friday coming into Sarasota-Bradenton International Airport from New York and Boston, the result of a massive blizzard set to slam the Northeast. Sarasota Herald-Tribune
Submitted 2 years 22 days ago

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Aether DBS plans expansion, move to Tulsa Port of Catoosa
Skid manufacturer Aether DBS is consolidating and expanding all at once, combining two local factories and moving to the Tulsa Port of Catoosa where it can grow, a company official said Thursday. Tulsa World
Submitted 2 years 22 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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