Bookmark and Share Business News in the South from The Randle Report

 

Sign up for Randle Report Daily Emails for all The South's Business and Political News Follow Randle Report on Facebook for Business News in the South Follow Randle Report on Twitter for all The South's Business and Political News

 

 
27
Likes

A.J. McCarron: Nick Saban “told me he’s not leaving” Alabama
Nick Saban is taking his time signing a contract extension that reportedly was offered last Friday by Alabama, but his quarterback isn’t concerned that he might leave should another job open in, say, Texas. Washington Post
Submitted 2 years 142 days ago

36
Likes

‘Miss Terry’ wouldn’t allow Nick Saban leave Alabama for Texas, AJ McCarron says
TUSCALOOSA, Alabama — Over the past five years, AJ McCarron and Nick Saban have developed a close bond. Now that McCarron's preparing for his final game with the Crimson Tide, speculation surrounds Saban and his future with the school. The senior quarterback was on SportsCenter on Thursday morning and the topic came up. "I don't think Miss Terry would allow him," McCarron said of Saban's wife. "Miss Terry is happy there and I always joke with coach about Miss Terry runs the house. But coach loves it there and I don't see coach trying to go to another program and built it all back up. He did that at Alabama, first at LSU, now at Alabama. I think coach is happy where he's at." AL.com
Submitted 2 years 142 days ago

1
Likes

That's The Randle Report for Thursday, December 12, 2013
Join us again tomorrow morning for all of the American South's business, economic development and political news in real time and in one place. Use the sort buttons or the search window above to find your favorite stories from yesterday, last week, last month or last year. Click on the headline to access Southern Business & Development magazine.
Submitted 2 years 143 days ago

184
Likes

Source: Nick Saban Signs Contract With Texas*
AUSTIN (TSK) -- Alabama head coach Nick Saban has signed a contract with Texas valued at $11 bazillion annually, according to a source close to the program. "It's going to be a challenge for the boosters," the source told TSK. "For one thing, we have to figure out exactly what a bazillion is." According to TSK's source, the contract Saban signed also has several fringe benefits. For example, boosters have agreed to purchase a small African nation for Saban upon his retirement. Saban would be able to choose between Eritrea and Kenya. If the coach were to win a national championship, the state of Texas would change its name to Nicksabania. The university has also figured out how to handle the delicate issue of Saban's responsibilities for the Longhorn Network, which some saw as an obstacle to the media-averse coach taking over at Texas. According to the source, the network will replace most of Brown's shows with reruns of "Walker, Texas Ranger." Saban will do one program each week in which he yells at Texas beat reporters for 30 minutes. TeamSpeedKills.com
Submitted 2 years 143 days ago

17
Likes

Cheniere’s massive export plans rise on Louisiana Gulf Coast (photos)
SABINE PASS, Lousiana – Frozen bait. Live bait. Minnows. Here at the junction of Sabine Lake and the Gulf of Mexico, about 100 miles east of Houston, a humble town of avid boaters, dotted with elevated beach houses and tiny shops promising fishing bait, stares across the water at five massive tanks. Those tanks could store enough energy to fuel for a day both Texas and Louisiana, the two states bordering the marshland and the inlet that make up the Sabine Pass. But the tanks — each of which can hold 3.4 billion cubic feet of natural gas — aren’t even the centerpiece of Cheniere Energy’s $12 billion answer to a U.S. market flooded with natural gas. The U.S. gas production boom from Texas to New York has made it impossible to make money importing liquefied natural gas, the business that first brought the Houston-based energy company to the Louisiana border. Now, Cheniere is in the vanguard of companies angling to export LNG to international buyers, spending billions at Sabine Pass to turn importing facilities into exporting facilities. Houston Chronicle
Submitted 2 years 143 days ago

15
Likes

Tennessee added more than 4,000 manufacturing jobs over past year, report says
For the second straight year, the number of manufacturing jobs has increased slightly in Tennessee, about 1 percent, according to an industrial employment survey. From September 2012 to September 2013, the state added 4,197 manufacturing jobs, according to the 2014 Tennessee Manufacturers Register, an industrial directory and register published by Manufacturers’ News Inc. The increase in the previous year was also 1 percent; both gains were slightly above the national average, the report said. As of the end of September, the state had 6,990 manufacturers, with a total of 385,858 workers, the report said. “Like many states in the Mid-South, Tennessee has experienced something of a manufacturing renaissance,” said Tom Dubin, president of the Evanston, Ill.-based publishing company. The Tennessean
Submitted 2 years 143 days ago

7
Likes

Nearly 400 more jobs planned for GM plant in Spring Hill, Tenn.
General Motors’ Spring Hill plant will add 384 hourly workers — in addition to 1,800 new jobs it promised in July — under terms of a new local work agreement ratified this week by members of United Auto Workers Local 1853. The Local 1853 website said 63 percent of the workers voted in favor of the new agreement, which covers work issues specific to the Spring Hill plant, and will remain in effect until the next national contract is negotiated in 2015. Workers at the plant are still waiting to hear what two new “core” vehicles the facility will get for its assembly lines, which were part of an agreement in the current GM-UAW Spring Hill contract approved by the members in July 2011 and reaffirmed by GM in August. Those new models are expected to go into production by 2016. The Tennessean
Submitted 2 years 143 days ago

10
Likes

Reuters Goes Inside Serco, the Obamacare Hub in Rogers, Ark., That Employs 1,600
You'd be forgiven for not having heard of Serco in Rogers. But the company, operating out of a nondescript three-story brick building, is a crucial part of making the Patient Protection & Affordable Care Act, or Obamacare, work. Reuters today examines Serco and its contract with the U.S. government, which Reuters says could be worth as much as $1.2 billion. The company processes Obamacare applications and has set up facilities in Rogers and in three other cities in Kentucky, Missouri, Oklahoma. Since getting underway earlier this year, the Rogers facility has grown to 1,600 people, filling a local need for lower-skilled jobs that provide a living wage. Says Michael Harvey, COO of the Northwest Arkansas Council: "There's a lot of people who are going to have a better Christmas this year because Serco located in northwest Arkansas." Arkansas Business
Submitted 2 years 143 days ago

3
Likes

Meridian, Miss., plant to reopen in 2014
CertainTeed Corp. says work is on track for a July reopening of its Meridian ceiling tile plant the company closed in 2009. And Graham Thayer, vice president and general manager for CertainTeed Ceilings, said the settlement of a defective products case will not jeopardize plans to reopen the ceiling materials plant in 2014. The settlement related to fiber cement siding the company manufactured and installed over the last decade will cost CertainTeed $103 million. The Valley Forge, Pa.-based company says the reopened plant will include $24 million in upgrades and put more than 100 people to work in the next three years. Clarion-Ledger
Submitted 2 years 143 days ago

8
Likes

Toyota Miss. working fast to meet Corolla demand
BLUE SPRINGS, Miss. — Officials at the Toyota Motor Manufacturing Mississippi plant near Blue Springs are building Corollas at a faster pace to keep up with demand. “We’re making as many as we can, which is a good problem to have,” said Kevin Burgess, Toyota Mississippi’s assistant manager of human resources and general affairs, during a tour of the plant Tuesday for local media. The Blue Springs plant, which rolled off its first vehicle in October 2011, has built more than 250,000 of the cars. In July, the plant began building the 11th generation Corolla. In a few months, Burgess said they will be exporting Corollas for the first time, to 18 countries in Latin America and the Caribbean. Clarion-Ledger
Submitted 2 years 143 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. 
 


 

 

http://www.developunion.com/
Southern Business & Development Southern Auto Corridor Small Town South Randle Report

Copyright ©2016 Randle Report
All of the South's Business and Political News in One Place
Login