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Navistar expanding in Colbert County, Ala. report says
Navistar Corp., which announced in March it will introduce a new work truck at its Colbert County plant, said Tuesday the plant also will produce the truck’s body. That means the Barton Riverfront Industrial Park facility will produce the entire International LoadStar truck, except for the engine, which will be built at the company’s Huntsville plant, Navistar spokesman Steve Schrier said. This move will allow the Barton plant to assemble the truck at a single location. “It made sense to integrate it and do it all in one step,” Schrier said. Production likely will start in February, he said. The truck will have multiple uses for several industries, including waste hauling, concrete pumping and airplane refueling. The Barton plant has 185 employees. Company officials ultimately plan to have 1,800 employees there. Decatur Times-Daily
Submitted 2 years 104 days ago

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Balch & Bingham attorneys launch new Alabama Immigration Law Journal
BIRMINGHAM, Alabama -- A new online publication specifically for issues related to Alabama's new immigration law has been created by Birmingham-based law firm Balch & Bingham LLP. The Alabama Immigration Law Journal, a blog written by members of Balch & Bingham's Labor and Employment Section, aims to provide information to businesses to help employers comply with and navigate nation's toughest immigration law. The Alabama Immigration Law Journal's editor is Wendy Padilla-Madden, an attorney with Balch & Bingham. She also serves on the Verification and Documentation Committee for the American Immigration Lawyers Association. The invite-only committee acts as a liason with agencies that enforce and control immigration compliance in the U.S. The Birmingham News
Submitted 2 years 104 days ago

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Wind energy tax credit has bipartisan support, Rove, Gibbs say
Six years ago, a little more than 5,200 megawatts of the nation's power came from spinning blades that towered over open lands in only the windiest states. Today, more than 48,000 megawatts -- equal to 35 percent of new power stations built in the past five years -- come from wind turbines. A megawatt is enough to power 250 homes. The wind towers are taller, the blades are longer, and the equipment is lighter, making it possible to make electricity in low-wind areas such as the Southeast. Atlanta Journal-Constitution
Submitted 2 years 104 days ago

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BBVA Compass computer upgrade in Birmingham one of biggest in world
BIRMINGHAM, Alabama -- One of the biggest financial industry computer upgrades in the world right now is happening in Birmingham, creating hundreds of jobs as BBVA Compass makes an expensive and uncertain investment that would move it worlds ahead of rivals if it all works out. It is called Project Centric and aims to replace the Birmingham-based bank's main computer system and consolidate disparate customer information into one central file that is updated as credits and debits happen in real time. While that might sound simple to outsiders, it isn't. The Birmingham News
Submitted 2 years 104 days ago

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White House: No Tax Cut Extension for Rich, Period
President Barack Obama will not extend the Bush-era tax cuts for wealthier Americans — even temporarily, the White House insisted Wednesday, shrugging off calls for a temporary extension to allow more time for a deal on deficits. "President Obama has been clear about his position and it has not changed," White House press secretary Jay Carney told reporters traveling with Obama to California. "We should not extend and he will not extend the ... Bush-era tax cuts for the wealthiest 2 percent of the American people." Pressed directly on whether Obama would support a temporary extension, Carney said: "He will not. Could I be more clear?" CNBC
Submitted 2 years 104 days ago

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Honda to add Acura MDX to Alabama plant for sales abroad
Honda is adding the Acura MDX sport utility to the production lineup in Alabama next year, and the move will open up a new export market for the Lincoln plant's products. Some of the MDX vehicles made at the plant will be shipped to China, Tom Shoupe, head of Honda's Alabama operations, said during a speech at the Kiwanis Club of Birmingham on Tuesday. A small percentage of the plant's vehicles -- now Odyssey minivans, Pilot SUVs and Ridgeline pickups -- are exported each year to markets including the Middle East, South America and Central America. Pilots are also shipped to Russia. The MDX, now produced at a Honda plant in Canada, has been exported to China for several years in small numbers, so that will continue after the production switch. Last year, 485 MDX vehicles were shipped to China, Honda spokesman Ed Miller said. The Birmingham News
Submitted 2 years 104 days ago

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Pensacola/Escambia, Fla. tourism promotion goes to Nashville firm
A Nashville advertising firm with clients ranging from the Grand Ole Opry to Walton County’s beaches was named to a three-year contract this morning to promote Escambia County tourism. A special subcommittee of the Greater Pensacola Chamber unanimously chose BOHAN over 22 other advertising and marketing firms, including the longtime local agency of record Bullock and Associates. BOHAN’s understanding of the importance of evaluating objective research to drive the chamber’s Visit Pensacola’s advertising program set the firm apart, subcommittee member and Perdido Key Realtor Alison Davenport said. Pensacola News Journal
Submitted 2 years 104 days ago

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Orlando announces record 55.1 million visitors in 2011
Orlando attracted more visitors last year than previously projected, beating expectations and setting another record for any U.S. travel destination, according to figures released Tuesday. Visit Orlando, the area's convention-and-visitors bureau, said an estimated 55.1 million visitors spent at least a day in the Orlando area during 2011, an increase of 7.2 percent from the previous record-setting. The visitors' bureau had earlier forecast a 2011 head count of 54.3 million people, but the final tally came in even higher. Orlando Sentinel
Submitted 2 years 104 days ago

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Arkansas Sen. Boozman speaks against more Obama stimulus
WASHINGTON — U.S. Sen. John Boozman, R-Ark., voiced his opposition today to another round of stimulus spending, saying the Democratic approach to job creation had failed. Speaking on the Senate floor, Boozman instead urged colleagues to back GOP efforts to reduce federal spending and regulations to create a business climate conducive to job growth. The address followed Friday’s employment report that found the economy added 69,000 jobs in May, about half of what economists had anticipated. President Obama responded to the news that unemployment had inched up to 8.2 percent by urging Congress to approve the jobs bill he sent them last September. Arkansas News Bureau
Submitted 2 years 104 days ago

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Can Florida's economic recovery continue? 5 things to watch
Hard-hit Florida has closed the economic gap on the nation in recent months. The question now: Can the state continue its slow but steady improvement, or will it get caught in the downward pull of the dismal national job numbers released Friday? Florida's unemployment rate has fallen from its 11.4 percent peak to 8.7 percent, closing to within half a percentage point of the 8.2 percent U.S. rate. The state is no longer among the worst five states for unemployment, where it was mired for much of the recession's aftermath. Tampa Bay Times
Submitted 2 years 104 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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