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Temple economy gets boost from Don-Nan
Don-Nam Pump & Supply Co. is capitalizing on the West Texas exploration boom with the construction of a $4 million pump manufacturing facility in Temple. The 45,000-square-foot facility will go up on an 8-acre tract at the Temple Economic Development Corp.'s Enterprise Park, Austin Business Journal Editor Colin Pope told YNN. The manufacturing, warehouse and distribution center built by Midland-based Don-Nan is scheduled to be completed by summer 2013. Austin Business Journal
Submitted 2 years 149 days ago

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Deal concerned port deepening to create more jobs than workers
ATLANTA — Gov. Nathan Deal said Tuesday that the $181 million in state money already committed to the Savannah River channel deepening can immediately start the environmental parts of the project. As he was hailing the economic impact of the federal government’s formal approval last week for the project, a new report predicts there will be so much work in Georgia’s freight industry that it will soon be hard to find enough workers. Athens Banner-Herald
Submitted 2 years 149 days ago

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Birmingham construction jobs drop 17%
Metro Birmingham continued to lose construction jobs in September as building starts slowed to a crawl before the elections. The number of construction jobs in the metro fell 17 percent to 19,600 in September from 23,500 in September 2011, according to an Associated General Contractors of America report today. The metro’s job loss rate ranked it No. 332 of 337 U.S. metros, down from No. 330 in August and No. 331 in July, AGC reported. Birmingham Business Journal
Submitted 2 years 149 days ago

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Gov. Deal: Army backing funding for Savannah port
(AP)Federal officials have recommended funding to deepen the Port of Savannah to accommodate supersize tankers, and Gov. Nathan Deal said Tuesday that he is asking the Georgia Congressional delegation for help securing the money. Deal discussed the funding issues involved for the $652 million project just days after the U.S. Army Corps of Engineers gave final approval to deepen the channel. That project has been a state priority for 16 years, though it still faces court challenges from South Carolina. Budget cuts have made it difficult for Georgia officials to secure the funding necessary for the effort. Atlanta Journal Constituion
Submitted 2 years 149 days ago

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Happy Birthday to Mike Randle!!!!!!
Happy Birthday to you! Happy Birthday to you! Happy Birthday to Mike! Happy Birthday to you! Your getting old.....you have grey hair........
Submitted 2 years 149 days ago

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White voter registration in Ga. dips below 60 percent
For the first time, white voters in Georgia will make up less than 60 percent of all “active” registered voters in the state, according to statistics just released by Secretary of State Brian Kemp. White voter registration, which stood at 63 percent in 2008, has dropped to 59 percent of the 5.3 million signed up to cast ballots in this year’s presidential contest. African-American registration stands at 30 percent, just as it did in 2008. Atlanta Journal Constitution
Submitted 2 years 149 days ago

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48 dead, 8.2 million households without power in 17 states, as Sandy inches on
(AP)The most devastating storm in decades to hit the country's most densely populated region upended man and nature as it rolled back the clock on 21st-century lives, cutting off modern communication and leaving millions without power Tuesday as thousands who fled their water-menaced homes wondered when — if — life would return to normal. A weakening Sandy, the hurricane turned fearsome superstorm, killed at least 48 people, many hit by falling trees, and still wasn't finished. al.com
Submitted 2 years 149 days ago

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GA Voters Sue Gov. Deal over Deceptive Language of Charter School Amendment
Beverly Hedges, a Dalton teacher, and the Rev. Timothy McDonald, senior pastor at First Iconium Baptist Church in Atlanta, filed a lawsuit today in the Superior Court of Fulton County asking for a declaration that the ballot language presented to voters for Amendment 1 is purposely misleading. Gov. Nathan Deal, Lt. Gov. Casey Cagle and Secretary of State Brian Kemp are named in the lawsuit. The lawsuit alleges that Gov. Deal intentionally used ballot language that does not accurately reflect the enabling legislation passed by the General Assembly. In fact, Gov. Deal used language in the Amendment 1 preamble that had been presented and debated by the General Assembly but failed to pass. Gov. Deal used confusing and deceptive language because a majority of Georgia voters would not approve Amendment 1 if it were accurately described. LaGrange Citizen
Submitted 2 years 149 days ago

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Toyota to Celebrate Launch of Redesigned Avalon at Georgetown Facility
Lexington, KY – The first production 2013 Toyota Avalons will be celebrated Tuesday afternoon where they’re exclusively made in Georgetown. The latest redesign of the Avalon gives Toyota’s top-of-the-line sedan a sleek new appeal, as well as an option for a hybrid model. Keen observers may have seen the new Avalon, or at least its prototype, driving around Central Kentucky in recent months. Wil James, president of Toyota Motor Manufacturing Kentucky, took one of the prototype models to a meeting of the Bluegrass Economic Advancement Movement (BEAM) board in Frankfort in June. Business Lexington
Submitted 2 years 149 days ago

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Gov. Nathan Deal: timing of federal approval for Savannah port ‘fortunate’
Key state leaders believe the deepening of the Savannah Port will go forward no matter who is elected as president on Nov. 6. Gov. Nathan Deal said Tuesday, after a Georgia Chamber of Commerce “State of the Ports” luncheon, that he was relieved when the project received final federal approval a few days ago. “We are fortunate that they made this designation before the election,” Deal said. “It’s an indication that this won’t be held up for political reasons.” Saporta Report
Submitted 2 years 149 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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