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Proposed New Rules Shed Light on Future Water Projects
The Texas Water Development Board’s release of draft rules Tuesday afternoon offered Texans a clearer sense of how the board will prioritize and fund competing water supply projects. Texas Tribune
Submitted 1 years 344 days ago

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Chinese paper plant to employ 2,000 in Chesterfield VA
A Chinese-owned company that makes paper is locating a plant in Chesterfield County, Governor Terry McAuliffe announced this morning, and expects to create 2,000 jobs by 2020. Richmond Times-Dispatch
Submitted 1 years 344 days ago

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Virginia ships first poultry products to China in seven years
On Tuesday, Virginia shipped its first poultry export to China in seven years. China banned poultry exported from the commonwealth in 2007 after a case of low pathogenic avian influenza (LPAI) was reported on a Virginia farm, but that ban was lifted in May. Virginia estimates adding at least $20 million in new exports to China in 2014. Virginiabusiness.com
Submitted 1 years 344 days ago

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Grifols opens new $370M Clayton NC plant
CLAYTON, NC — Grifols, Johnston County’s largest employer, opened its newest plant in Clayton on Tuesday and company executives hinted that more investment here is likely. The $370 million, 155,000-square-foot facility will double Grifols blood plasma production in Clayton, where the Spanish company employs 1,650. Grifols makes products from blood plasma that are administered to people with life-threatening illnesses such as hemophilia and Alzheimer’s. News Observer
Submitted 1 years 344 days ago

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AT&T, Raleigh agree on ultra-fast Internet installation
RALEIGH — AT&T said Wednesday it has reached an agreement with city officials to install gigabit high-speed Internet service in parts of the city. The fiber-based service will be part of an initiative called the North Carolina Next Generation Network. The company said the gigabit network will deliver data speeds as much as 10 times faster than what is available on conventional networks. News Observer
Submitted 1 years 344 days ago

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Christensen: Art Pope, conservative groups disagree on NC film incentives
Art Pope, the governor’s budget director, is advocating a continuation of North Carolina’s film incentive program. But a battery of conservative organizations with close ties to Pope are leading the charge to kill the film incentive program. The politics surrounding film incentives is one of the intriguing subplots of the current legislation session. News Observer
Submitted 1 years 344 days ago

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Charlotte Mayor Clodfelter not worried about S.C. jobs
Charlotte Mayor Dan Clodfelter said he’s not concerned about Monday’s announcement of thousands of jobs moving to South Carolina, including some that are relocating from Charlotte. Health care consulting firm Lash Group and LPL Financial will move all or most of their operations to Fort Mill from Charlotte, and N.C. also tried to win the first North American tire factory for Singapore-based Giti Tire. The company said it’s opening the factory in Chester County. Charlotte Observer
Submitted 1 years 344 days ago

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3 companies bringing thousands of jobs to SC
FORT MILL – Gov. Nikki Haley said Team South Carolina scored often and big Monday as three companies announced commitments for 7,100 jobs and $800 million in investment to the state's Interstate 77 corridor. Greenvilleonline.com
Submitted 1 years 344 days ago

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Orvis picks downtown Greenville for 2nd SC store
Downtown Greenville will get another major retailer this fall when Orvis, an outdoor gear and apparel chain with a big reputation among fly fishers, opens its second store in South Carolina at the One development. Greenvilleonline.com
Submitted 1 years 344 days ago

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South Carolina Republicans have a strategery problem
It looks like South Carolina Republicans will have that fight for their soul after all. The GOP thought it had dodged such unpleasantness when U.S. Sen. Lindsey Graham dispatched a half-dozen tea party cyborgs without the need of a runoff last week. The establishment, it appeared, was firmly in control. Post-Courier
Submitted 1 years 344 days ago

 

 

 

Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Urban areas have all kinds of assets that are easy to spot. They have the population, so the labor shed is not usually an issue. Urban areas are also connected by better roads, rail and air service and many have river and deep water ports. Usually Internet access and other forms of communication are more efficient in urban areas. And you have a larger array of quality of life options to choose from, such as the cultural assets found in metropolitan areas.
 

 Randle Report - Business News in the South

 FEATURE  
By Mike Randle
The belief that "80 percent of all new jobs come from existing business and industry" is an out-of-date, old-fashioned fabrication. I have no idea how it started, where it started, or who said it first, but there are professionals in economic development as well as leaders of government in the South who actually believe that each year, 80 percent (why 80 percent I don't know, either) of all new jobs are created by existing business and industry. I hear it all the time and I just roll my eyes. There is nothing static in economic development but this: 100 percent of all lost jobs come from existing business and industry. That, and of course 100 percent of the time site consultants never pay for a meal.
 

 Business News in the South - Randle Report

FEATURE     
According to Chinese theory, yin is a passive, negative force and yang is an active, positive force. Chinese philosophers believe that the opposing forces aren't really contradictory. Instead, they are interconnected and complimentary, interacting to create a balance in one's life. 
 
 Nashville Mayour Karl Dean
The Annie E. Casey Foundation's KIDS COUNT report was released in the summer quarter. I try to read it every time it comes out since I find it to be the best indicator of child poverty, a statistic everyone involved in economic development needs to be aware of. The Annie E. Casey Foundation is a charity that supports disadvantaged children. 
 


 

 

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