Fruit of the Loom invests $47 million in Bowling Green, Ky. expansion
Just call it the “Incentive State.” A new U.S. Chamber of Commerce study ranks Tennessee as third among all states for its low business taxes and minimal red tape. In the past five years, the state, which recently snagged a Silver Shovel Award from Area Development magazine, has become a corporate magnet, with perks that [...]
Briggs & Stratton Corp., a manufacturer of air-cooled gasoline engines for outdoor power equipment, is investing more than $35.5 million in its operation in Murray, KY, over the next three years that will retain the jobs of more than 640 full-time employees. Full article available at the Kentucky Economic Development Guide
Texas and California share a number of economic and demographic traits, but what they don’t share is a road to recovery out of the national recession. Fortune magazine notes how Texas has plowed its way through the downturn, creating jobs and investment, while California remains mired in an economic malaise not forecast to end anytime [...]
CNN takes notice of the rising number of tech-savvy entrepreneurs who have relocated from locales such as Silicon Valley, New York and Washington for places such as Kansas and other Heartland states. Why? Cost of living and a perception of a higher quality of life. “The average salary for software engineers in New York City [...]