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Millions of dollars could be coming to Houston airports
The Houston Airport System hopes to earn $10 million a year through new advertising displays at Hobby and Bush Intercontinental airports. If its contract is approved by City Council on Wednesday, a private group will develop and maintain digital displays, static displays, banners and wraps, power station poles, shopping and dining directories, interactive information kiosks and other media as approved by the airport system. Houston Chronicle
Submitted 2 years 117 days ago

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Deal highlights Houston's booming economy
An international real estate brokerage tied to the storied Sotheby's auction house has purchased a decades-old local firm known for selling many of Houston's luxury homes. Houston Chronicle
Submitted 2 years 117 days ago

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How to mute potential competition — the Red Hat way
Red Hat's (NYSE: RHT) newly announced partnership with competitor, the CentOS Project, is about driving open source adoption. That’s according to executives who are releasing strings of quotes lauding the deal to make it easier to process: Business Journal
Submitted 2 years 117 days ago

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TN governor won’t disclose whether taxpayer money will keep UAW away
NASHVILLE — Tennessee Gov. Bill Haslam will not disclose any information about taxpayer-funded benefits he may have offered to Volkswagen in exchange for the company possibly keeping the United Auto Workers out of its Chattanooga plant. watchdog.org
Submitted 2 years 117 days ago

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Infographic: Why everyone is moving to Austin
It's no secret that Austin has become a hotspot for businesses in a range of industries and people looking to work for those businesses. Just a few weeks ago, ABJ reporter Robert Grattan dived into the migration stats and showed you who to talk to if you're interested in moving your business here. Austin Business Journal
Submitted 2 years 117 days ago

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Cardinal Innovations Healthcare Solutions Plans Charlotte, North Carolina, Service Center
Cardinal Innovations Healthcare Solutions, a managed care organization, will locate its new, 25,865-square-foot service center at 10150 Mallard Creek Road, Suite 400, creating approximately 80 new jobs in Charlotte, North Carolina, during the next three to five years. Area Development
Submitted 2 years 117 days ago

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Holman Boiler Works Expands Its Fenton, Missouri, Manufacturing Center
Holman Boiler Works, Inc., a full-service boiler solutions provider, signed a commercial property lease to expand its manufacturing center at 1626 Headland Drive in Fenton, Missouri, to 14,000-square-feet. Area Development
Submitted 2 years 117 days ago

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Gulfstream Announces Expansion
The company is building a new 400,000 square-foot product support distribution center in the NorthPort Industrial Park and is expected to break ground immediately, reports The Savannah Morning News. The new center will allow for more than 300 employees and approximately $900 million in parts and materials. GPB.org
Submitted 2 years 117 days ago

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Why A Majority-Minority Congressional District May Go Unrepresented For An Entire Year
A quirk of North Carolina’s election law may leave voters in the state’s 12th Congressional district without representation until 2015. Though Rep. Mel Watt (D) resigned his seat on the first day of the legislative year to become director of the Federal Housing Finance Agency, Governor Pat McCrory (R) announced Monday that his replacement will not be elected until November 4. The 12th District, which includes a long swath of central North Carolina running from Charlotte to Greensboro, has a majority of voters who are minorities. Think Progress
Submitted 2 years 117 days ago

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The GOP’s money problem: Age
The Republican Party’s on the hunt ahead of 2016 for younger voters — and younger megadonors. Conservative super PACs were dealt a blow in the past nine months, when two of their biggest benefactors died, Texas billionaires Harold Simmons and Bob Perry. Politico
Submitted 2 years 117 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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