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Is China Really The World's No. 1 Trader?
“It is very likely that China has overtaken the U.S. to become the world’s largest trading country in goods in 2013 for the first time,” said Zheng Yuesheng, spokesman for China’s General Administration of Customs, on Friday while announcing December—and therefore full year—exports and imports. Forbes
Submitted 2 years 114 days ago

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The Jim Beam Takeover Is A MASSIVE Win For Bill Ackman
Beam, the maker of Jim Beam, has agreed to be acquired by Japanese brewing and distillery company Suntory for $13.62 billion. Business Insider
Submitted 2 years 114 days ago

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Bill Popp: Community and economic development go hand in hand
In my work on economic development, I get a lot of questions, ideas and perspectives from business, community and political leaders, as well as citizens of our fair city. Questions like, "When is the Amazon.com distribution facility coming to town?" Ideas like, "Data centers are Alaska's future. Go get them!" And a multitude of perspectives ranging from the insightful and highly entertaining to the crazy. It all comes with the territory. But pretty much everyone I talk to, no matter their point of view or background, agrees on one thing: they want Anchorage and Alaska to grow and prosper, with opportunity for everyone. adn.com
Submitted 2 years 114 days ago

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Assessing job loss effects in Vidalia
VIDALIA, LA. — Government officials and business leaders in Concordia Parish are trying to gauge the long term effects of last week's announcement that 150 jobs are being eliminated at the Fruit of the Loom distribution center in Vidalia. Vidalia Alderman Jon Betts told The Natchez Democrat (http://bit.ly/1eAyGzO) that Tuesday's announcement was a shock. He said the area will suffer if the employees go to other areas to find work. Betts said he does not think the Fruit of the Loom decision will be a detriment to business recruiting efforts. The State
Submitted 2 years 114 days ago

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'Jurassic World' to shoot in Louisiana, possibly New Orleans, starting June 2, according to report
"Jurassic World," Universal Pictures' much-awaited "Jurassic Park" sequel, is reportedly on its way back to Louisiana -- and possibly New Orleans. Director Colin Trevorrow's film, which last year shelved plans to shoot in-state in the face of a production delay, is set to start shooting in-state on June 2, according to the Twitter feed of the trade publication Production Weekly. Times-Picayune
Submitted 2 years 114 days ago

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Jim Beam Shares Are Exploding After Suntory Makes Massive Buyout Offer
Suntory Holdings Ltd SUNTH.UL said on Monday it plans to buy Beam Inc (BEAM.N) for $16 billion, including debt, making the Japanese company the world's third-largest maker of distilled drinks. Beam's brands include Jim Beam , Maker's Mark, Sauza, Canadian Club and Courvoisier. Reuters
Submitted 2 years 114 days ago

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Japan's Suntory pays $16 billion for Beam
Suntory Holdings, a massive Japanese beverage company, is acquiring American spirits maker Beam for $16 billion, creating one of the largest premium spirits companies in the world. CNN
Submitted 2 years 114 days ago

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Richmond’s Landmark Theater: A surprise in the making
It’s not done yet. But when it is, Tom Farrell said, “it’s going to be stunning.” Richmond’s renowned Landmark Theater is closing in on the completion of a $60 million, top-to-bottom renovation. Richmond Times-Dispatch
Submitted 2 years 114 days ago

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Huge soybean conference coming to Savannah in 2017
They are so plentiful in rural Georgia farm fields at certain times of the year that most of us passing by rarely give them a second — or even a first — thought. But Georgians — and Savannahians in particular — have a storied history with the crop. Savannah Morning News
Submitted 2 years 114 days ago

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Electrolux oven plant in Tennessee to add 650 jobs by 2019
MEMPHIS, Tenn. – Production is heating up at the big Electrolux kitchen oven plant in Memphis, and officials say they expect to eventually employ 1,200 people and produce 600,000 ovens annually. canadianmanufacturing.com
Submitted 2 years 114 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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