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130 new jobs coming to East Tenn. auto parts manufacturer
A global automotive supplier announced a major investment in its Athens plant including 130 new jobs. Auto parts manufacturer, DENSO, said it would pump $55 million in its manufacturing facility in McMinn County. whir.com
Submitted 2 years 133 days ago

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Gov. Nixon Promotes Missouri Auto Jobs During Visit To Detroit
Missouri Gov. Jay Nixon joined Ford officials in Detroit on Monday to highlight the automaker’s production in Missouri, most notably its 2015 Ford F-150, which will be built at the company’s Kansas City Assembly Plant in Claycomo. stlpublicradio.org
Submitted 2 years 133 days ago

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Volkswagen makes $7 billion bet on U.S., but what it really needs is ...
Volkswagen has outlined ambitious plans to become the world’s top-selling automaker within the next four years, but its lackluster sales in the United States have been a significant drag on meeting that goal. On Monday at the North American International Auto Show, the German automaker showed that it had no intention of scaling back those ambitions, announcing that it would bring new models to the United States and invest $7 billion in North American production. Dallas Morning News
Submitted 2 years 133 days ago

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Volkswagen will build new factory as part of $7B investment in North America
Volkswagen (OTCPK:VLKAF) intends to build a new North American factory as part of plans to invest $7 billion in the continent over five years to lift annual sales from 600,000 to 1 million, its chairman told the media Sunday in Detroit. Lane Report
Submitted 2 years 133 days ago

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Some ‘green shoots’ in 2014 KY economy
Kentucky business leaders and policy makers see an improved economy in 2014. No one expects breakout improvement, even now more than five years after the Great Recession struck. But there are green shoots with clear potential for strong growth if they are sustained. Lane Report
Submitted 2 years 133 days ago

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More than 500 Job Openings for AT&T in Florida: Report
AT&T said Monday that it plans to hire about 135 network technicians, customer care and retail sales people in Broward and Palm Beach Counties. The additional workers are for AT&T's Project Velocity IP, a multi-billion dollar investment plan to expand and enhance the company’s wireless and wired networks, spokeswoman Kelly Starling said. Sun-Sentinel
Submitted 2 years 133 days ago

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Texas Still Creating Jobs
Texas job development continues to outpace the rest of the country. Another jobs report failed to live up to the experts' projections when the labor department reports 74 thousand new jobs last week. No problems here in The Lone Star State. We're a jobs machine. ktrh.com
Submitted 2 years 133 days ago

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HID Global Opens $35 Million World Headquarters-North American Operations Center In Austin, Texas
HID Global, a worldwide leader in secure identity solutions, opened its new $35 million World Headquarters and North American Operations Center in Austin, Texas. The campus features 250,000 square feet of manufacturing, office and warehouse space on 22 acres in North Austin’s Tech Ridge area. Area Development
Submitted 2 years 133 days ago

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Janesville Acoustics Invests $13.4 Million In Warrensburg, Missouri, Manufacturing Center
Janesville Acoustics, a Jason Incorporated Company, will invest $13.4 million in a new 155,000 square-foot automotive manufacturing facility in Warrensburg, Missouri, to supply GM’s Fairfax Assembly Plant, creating 164 jobs. Area Development
Submitted 2 years 133 days ago

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Stueken LLC Invests $3.2 Million To Expand Its Greenville County, South Carolina, Manufacturing Campus
Stueken, which provides precision deep draw and metal stamping components to the automotive, electronics and consumer goods markets, will invest $3.2 million to expand its manufacturing center in Fountain Inn, South Carolina, to address growing customer demand in Greenville County. Area Development
Submitted 2 years 133 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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