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U.S. auto sector employment hits 5-year-high
The U.S. auto sector added 3,400 jobs in January — and now employs more people than it did in September 2008 —as rising sales have boosted employment across the industry. detroitnews.com
Submitted 2 years 111 days ago

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Economic development agency to add business development expert
North Louisiana Economic Partnership President Scott Martinez said the agency will hire a business development expert to be based in Monroe this year. “We’ve got to do a better job with the vendors who are coming in to support CenturyLink,” he said. Shreveport Times
Submitted 2 years 111 days ago

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Economic development spending questioned
Louisiana lost more than five times the revenue to corporate breaks than it spends on pensions for its state government workers, according to a study conducted by a Washington, D.C., group that studies economic development in the states. The Advocate
Submitted 2 years 111 days ago

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Investors look to property and infrastructure
Casey Quirk, a US management consulting firm that works for asset managers, and eVestment, an analytics firm that tracks what big investors do with their money, work together each year to publish a global report into what kinds of investment are proving popular. efinancialnews.com
Submitted 2 years 111 days ago

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We need infrastructure to suit the energy boom
Our nation enters the New Year with extraordinary promise in terms of its domestic energy industry. The United States is now the world’s number one producer of natural gas and will soon become the global leader in oil production as well. Although there may be some distance yet to cover, with the right policies in place, America can finally achieve energy independence and position itself as a leading supplier of energy to the world. The Hill
Submitted 2 years 111 days ago

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Avoid an infrastructure disaster with transportation reforms, former elected officials warn
WASHINGTON -- The U.S. should spend more money to increase high-speed rail systems as part of a long-term transportation bill because the country is facing an “infrastructure disaster,” former Transportation Secretary Ray LaHood said Tuesday at a panel discussion America on the Move organized by Bloomberg Government. UPI
Submitted 2 years 111 days ago

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Another Florida Case Puts 'Stand Your Ground' Back In Court
They're events that took just several minutes, but in a courtroom in Jacksonville, Fla., on Thursday, prosecutors and the defense laid out different versions of how Michael Dunn, who is white, came to shoot and kill Jordan Davis, a black teen. NPR
Submitted 2 years 111 days ago

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Dermody Properties acquires 18.4 acres near Louisville airport, planning distribution center
Dermody Properties, a national industrial development firm headquartered in Reno, recently purchased 18.4 acres in Renaissance South Business Park near the Louisville International Airport. Dermody Properties will develop a 316,491-s.f. warehousing and distribution facility, known as LogistiCenter Louisville, on the site. Lane Report
Submitted 2 years 111 days ago

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North Carolina makes pitch for Boeing plant; 7K jobs
Assembling one of the largest package of tax breaks and other incentives in North Carolina history earned the state consideration for as many as 7,250 Boeing aircraft manufacturing jobs — but its $683 million offer was dwarfed by Washington state's winning promise of nearly $9 billion in corporate sweeteners. The Virginian-Pilot
Submitted 2 years 111 days ago

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McCrory demands Duke fix leaking ash pond
Gov. Pat McCrory demanded Thursday that Duke Energy, his former employer, control a coal ash pond spill that has leaked contaminants into the Dan River for five days. Charlotte Observer
Submitted 2 years 111 days ago

 

 

 

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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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