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Oklahoma business conditions worsen, survey shows
A leading economic indicator for the state fell in December but still points to growth in the months ahead, according to a report released Wednesday by Creighton University in Omaha, Neb. Tulsa World
Submitted 2 years 22 days ago

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Melton Truck Lines, Summit ESP to hire under Oklahoma Quality Jobs Program
Startup pump manufacturer Summit ESP LLC and established shipper Melton Truck Lines Inc. could add as many as 177 jobs after the Tulsa-based companies received the go-ahead to participate in the state's Quality Jobs Program in December. Tulsa World
Submitted 2 years 22 days ago

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Manufacturing and Retail Powering Texas
In budget strapped communities all across the United States, many city councils are forced to decide between investing in either manufacturing or retail opportunities. Here in Texas, the demand for both is quite high. focusdailynews.com
Submitted 2 years 22 days ago

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Gun manufacturers got more than $19 million in state subsidies, see which four were southern
Taxpayers across the country are subsidizing the manufacturers of assault rifles used in multiple mass killings, including the massacre of 20 children and six adults at an elementary school in Newtown, Conn. last month. A Maine Center for Public Interest Reporting examination of tax records shows that five companies that make semi-automatic rifles have received more than $19 million in tax breaks, most within with the past five years. publicintegrity.com
Submitted 2 years 22 days ago

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Josh Flory: Pending deals signal manufacturing growth
As the new year gets underway, Knoxville's real estate market has seens signs of life from a surprising source. Everyone knows that the manufacturing sector has been hit hard over the last two decades, with pressure coming from low-cost foreign competitors and demand further withering because of the Great Recession. Knoxville News Sentinel
Submitted 2 years 22 days ago

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Spam maker buys Skippy peanut butter $700M
Hormel Foods, the maker of Spam luncheon meat, is paying $700 million to buy the Skippy peanut butter brand from consumer products maker Unilever, the companies announced Thursday. CNN
Submitted 2 years 22 days ago

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Private Sector Jobs Surge, Weekly Claims Rise
The jobs market saw mostly good news Thursday, with a big increase in private sector hiring helping offset an uptick in weekly jobless claims. CNBC
Submitted 2 years 22 days ago

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Hats off to a new Dallas landmark, the Cedars Bowler Hat
DALLAS — Heading west on Interstate 30, it sits perched on a larger-than-life coat stand. At 30 feet tall, 20 feet wide and weighing in at two tons, the structure is sure to be one of the more unique pieces of public art. It’s a bowler hat. Why not? Dallas Morning News
Submitted 2 years 22 days ago

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Shaking up the old-boy network, record number of women to join the senate
The 113th Congress, beginning Jan. 3, has a record number of female senators, with voters in November shaking up the old-boy network. The number of women has grown from 17 to 20. Here is a look at each one. Washington Post
Submitted 2 years 22 days ago

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Virginia joins pro-life wave with abortion clinic rules
Virginia Gov. Bob McDonnell has signed off on permanent regulations that will hold abortion clinics to the same building standards as hospitals, joining Arizona and Michigan as states looking to tighten their abortion-facility standards to among the most stringent in the nation. Washingon Times
Submitted 2 years 22 days ago

 

 

 

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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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