United States: Womble Carlyle Economic Development Digest (August 9, 2017)

GEORGIA

  • Georgia DOR proposes amendment to rule on manufacturing, machinery, equipment exemptions, TaxAnalysts.com (July 31, 2017)
    The Georgia Department of Revenue has proposed to amend a rule on sales and use tax exemptions for manufacturing machinery and equipment, industrial materials, and packaging supplies to remove a provision that prohibited the exemption for sales of motor vehicles - including components and repaint or replacement parts - required to be registered for operation on public highways.

        Read the full Tax Analysts article here. (Subscription required)

NATIONAL

  • Amazon and Foxconn reflect 'Deliver It Now' Trend, Newsfactor (July 28, 2017)
    Amazon's plans to add 50,000 jobs at a dozen warehouses across the United States and Foxconn's decision to build a $10 billion plant and hire up to 13,000 workers reflect the pressures companies now feel to be as close to their customers as possible -- a trend that's helping restore some American factories and jobs.

        Read the full Newsfactor article here.

  • Top U.S. metros for aerospace employment & manufacturing, Site Selection Magazine (July 2017)
    New research explains where job markets in this sector are gaining altitude in manufacturing, air transportation and support activities.

        Read the full Site Selection Magazine article here.

  • Frontline: Apple's $1 billion fund to support U.S. manufacturing, Area Development (August 2017)
    Among the goals of Apple's $1 billion fund is the creation of thousands of new manufacturing jobs, especially in the computers and electronics fields.

        Read the full Area Development article here.

  • Toyota and Mazda plan a $1.6 billion U.S. plant that could create 4,000 jobs, Los Angeles Times (August 4, 2017)
    Japanese automakers plan to spend $1.6 billion to set up a joint-venture auto manufacturing plant in the U.S. - a move that may create up to 4,000 jobs.

        Read the full Los Angeles Times article here.

NORTH CAROLINA

  • Is there a megasite highway in the region's future? News & Record (August 3, 2017)
    Economic developer Jed McMillan urged the NC Board of Transportation to upgrade about 100 miles of U.S. 421 to a future interstate highway.

        Read the full News & Record article here.

SOUTH CAROLINA

  • U.S. nuclear comeback stalls as two reactors are abandoned, The New York Times (July 31, 2017)
    Two South Carolina utilities said on Monday that they would abandon two unfinished nuclear reactors in the state, putting an end to a project that was once expected to showcase advanced nuclear technology.

        Click here to read the full New York Times article.

  • Former Charleston, SC Mayor Joe Riley to receive 2017 Global Vision Award, Midlandsbiz (August 2, 2017)
    The Columbia World Affairs announced that Joseph Patrick Riley, Jr, former Mayor of Charleston, South Carolina will receive the 2017 Global Vision Award. This award is given to a leader whose contributions have made a significant impact on South Carolina to help project the state globally.

        Read the full Midlandsbiz article here.

  • North Charleston startup Good Done Great sold to Texas competitor for undisclosed sum, The Post and Courier (August 7, 2017)
    The North Charleston startup has been sold to Plano, Texas based YourCause, but the firm says it'll stay in the Lowcountry.

        Read the full Post and Courier article here.

WISCONSIN

  • Wisconsin to consider $3 billion Foxconn incentive package, whbl.com (July 31, 2017)
    The Wisconsin governor ordered the state legislature back into special session on Tuesday to consider an incentive package that would award Taiwanese electronics manufacturer Foxconn $3 billion over 15 years in mostly cash incentives.

        Read the full whbl.com article here.

  • Trump announces $10 billion Foxconn plant in Wisconsin, Akron Legal News (August 1, 2017)
    President Trump announced Wednesday that Foxconn will build a $10 billion factory in Wisconsin that's expected to initially create 3,000 jobs.

        Read the full Akron Legal News article here.

  • Foxconn's dubious deal, Bloomberg (August 3, 2017)
    There are good ways and bad ways to lure jobs. This is the latter.

        Read the full Bloomberg article here.

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