Economic Development in the World's Fourth Largest Economy
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 Spring 2014

  
 Features


2014 SB&D 100 Edition

SB&D 100 Feature

Big Fish Keep Alabama's Economy Humming


Southern Economic Development Roundtable

The Best Greenfield Data Center Sites in the South

The Most Southern Place on Earth

Ensuring a resilient Delta Region by training a skilled workforce

Driving toward success in Alabama's Black Belt

Arkansas's Big River Steel has found its home in the heart of America's Delta Region

Building a healthy economy and a healthy workforce in Illinois

Innovation and collaboration are building a Work Ready Kentucky

Louisiana's industry off to a fast start

Perfected in Mississippi

Certifying Southeast Missouri and beyond

Select Tennessee sites offer competitive edge

Reshoring and its potential effect on the Mississippi River Delta region

10 TOP TENS

 Ten People Who Made a Difference in the South

Top 10 Stories in the American South

Ten Exceptional Southern markets to Locate your Reshored Traditional
Industry


If you are looking to relocate your HQ to the South, here are 10 Outstanding
Cities for your Operation that might not show up on your Radar


Ten Low Cost Manufacturing Locations to Reshore your Plant near Major
Southern airports


If these Southern Market Economies were Stocks, they would be the Ten Best
to Invest in over the next Decade


Ten Highly Creative Places to Live in the South where you can Reshore your
Manufacturing Operation


Ten more Shining Examples of Economic Development that's working in the
South


Five Outstanding Supplier Sites for Airbus and Five for Boeing

Ten Supplier Locations in the Southern Aerospace Corridor that can serve
both Airbus and Boeing

FDI Surges in the South

Tennessee: Moving in the right direction

The Northeast Tennessee Valley Comes Back Strong

The Southern Auto Corridor

It's down to the Southern Auto Corridor and Mexico for automakers

Mississippi Enters Second Decade of Assembly

BMW in South Carolina: Two decades and thriving

Nissan and Tennessee: A 30-year partnership unlike any other in North America's automotive sector

20 years of Mercedes-Benz in Alabama: A defining moment in the Heart of Dixie

The tremendous success of the Hyundai-Kia model in the Southern Auto Corridor

Ford's resurgence in Louisville

2013 Motor Vehicle Parts Supplier Guide

Community preparedness is about vision


 Florida: A sleeping giant awakes!

2013 SB&D 100 Edition

2013 SB&D 100 Feature: Are we there yet?

Top 100 Jobs

Top 100 Investments

2013 SB&D 100 Top Deals and Hot Markets

2013 State Summary

Southern Business and Development 2013 Annual Directory

2013 Person of the Year - Nashville Mayor Karl Dean

Manufacturing Rules Again

20th Anniversary Edition


  
 Features

No Southern state's rural regions benefited more from the recovery in 2011 than Kentucky's

By Mike Randle

There is no doubt that Kentucky's massive automotive industry is leading the rural development charge. We counted 34 large automotive projects that landed in rural Kentucky in 2011. No state in the South except for possibly South Carolina can match that total of significant automotive projects started in their rural regions in calendar year 2011. Here, Kentucky Gov. Steve Beshear welcomes Japanese automotive parts supplier Denso to Small Town Kentucky.SB&D pays special attention to every economic development project that receives any kind of publicity in the South. We have made it very easy to do that. At the beginning of 2011, SB&D launched The Randle Report (www.RandleReport.com), which aggregates virtually every significant -- and many not so significant -- economic development, business and political story that breaks each hour of the day in the South and it does it in real time.

The Randle Report, which posted over 30,000 stories in 2011, is a real ball and chain around here. For example, not long after it was launched, we received a phone call from a person who was on the site. She said, "There hasn't been a story posted on Randle Report in 20 minutes. Is something wrong with the site?" Geez. So, as a result of the call, we have been posting stories ever since as if our hair is on fire. 

So, what did we find by creating and reading the pages of The Randle Report each day? Well, let's just say this: we thought we were informed before The Randle Report came along, but we were wrong. The advent of that site puts the word "informed" in a whole new context.

What we discovered by clicking the "economic development" sort button each day on The Randle Report, among many other things, is that Kentucky is not only doing a great job in creating jobs in the state, they are doing it with a tremendous emphasis on rural development.

There is no doubt that Kentucky's massive automotive industry is leading the rural development charge. We counted 34 large automotive projects that landed in rural Kentucky in 2011. No state in the South except for possibly South Carolina can match that total of significant automotive projects started in their rural regions in calendar year 2011. And it isn’t just the automotive sector that is contributing to new jobs in rural Kentucky. The packaging, distribution and metals industries are finding Kentucky to their liking as well.

In fact, since we have kept up with every significant project announced in the South since 1992, we have never seen Kentucky's numbers so high. In November, an economic developer in Alabama who religiously monitors The Randle Report each day confirmed our suspicion that Kentucky is on a roll. "It seems like every project announced in the South is from South Carolina or Kentucky," the Alabama practitioner said.

One community that had an outstanding year in 2011 was Harrodsburg/Mercer County, Ky. In October, Hitachi Automotive Systems established a hybrid electric vehicle battery production facility in Harrodsburg. The announcement was the fourth for Hitachi in Kentucky since 2009, when Kentucky Gov. Steve Beshear traveled to Japan to meet with Hitachi officials. Since that visit, Hitachi has announced a total of 335 new jobs and $154.5 million in investment in its two Kentucky locations.

Other recent successes in rural Kentucky include Glasgow/Barron County. There Akebono Brake, Fortis Manufacturing, Integrated Pharmaceutical Packaging and Amneal Pharmaceuticals have announced projects.

Some other rural locations in Kentucky that stood out as a result of solid job generating projects in 2011 include Lebanon/Marion County (Curtis Maruyasu), Calvert City/Marshall County (Gerdau Ameristeel), Shelbyville/Simpsonville (Martinrea and Bekaert), Franklin/Simpson County (Tractor & Supply), Danville/Boyle County (Meggitt Aircraft Braking Systems and Denyo), Henderson (Rio Tinto Alcan) and Morgantown/Butler County (Sequa Automotive Group).


  
 Southern Auto Corridor

Southern Auto Corridor.com

Steering the Automotive Industry to the World's Fourth-Largest Economy

www.southernautocorridor.com


  
 SmallTownSouth

SmallTownSouth.com

Opportunities in the South's Rural and Urban Small Towns

www.smalltownsouth.com


  
Southern Business & Development Southern Auto Corridor Small Town South Randle Report