Wednesday, February 28, 2018

Viewpoint: One thing that can go horribly wrong for Amazon's HQ2 search


By J. Mac Holladay - Founder and CEO, Market Street Services, Atlanta

There has never been a public competition like the one going on for what is called the Amazon HQ2. Unlike most national location searches, even of large projects or headquarters moves, this one has become a national phenomenon. Cities and regions across the country have submitted “proposals” that run from bizarre to very creative. Included in many of them are massive incentives of all descriptions including large amounts of cash. As an economic development professional who has participated in many large projects as both a state economic development director and a local Chamber executive, let me offer perhaps a different view of what is happening. 

Amazon had record revenues in 2017 of $136 billion up 27% from a year ago. The firm’s net profit was $2.4 billion. $80 billion of its sales were in the United States. The company is holding $31 billion IN CASH with over $10 billion overseas. Amazon, unlike Apple, has not moved any funds back to this country...


To read the full article click https://www.bizjournals.com/atlanta/news/2018/02/26/viewpoint-one-thing-that-can-go-horribly-wrong-for.html. If it has been removed, please email Alexia Eanes for a copy of the entire article.

Tuesday, February 27, 2018

Chamber: Past 12 months mark significant successes


By Richard Carter, For the Times Record News

“We are very happy where we have come over the past several years,” said Henry Florsheim, president of the Wichita Falls Chamber of Commerce and Industry.

Indeed, 2017 was a year of success, he said, and also a great year for setting up successes.

“We also have a lot of planning going on, and you really can’t do anything big, quickly,” Florsheim said.

The past year was good for economic development efforts...


To read the full article click here. If it has been removed, please email Alexia Eanes for a copy of the entire article.



Tuesday, February 20, 2018

Spartanburg County leaders mark first anniversary of community’s 5-year vision plan


By Trevor Anderson

After one year, a unified vision for Spartanburg’s future economic and cultural prosperity is progressing.

Community leaders gathered Tuesday, Feb. 13, at the University of South Carolina Upstate to receive an update on the county’s five-year development strategy, aptly named OneSpartanburg.

To read the full article click here. If it has been removed, please email Alexia Eanes for a copy of the entire article.

Monday, February 5, 2018

New NASA Mission coming to Norman


Submitted Content

Dr. Berrien Moore III from the University of Oklahoma will be at the Sooner Centurion Economic Summit to detail the new NASA Earth Venture Mission, GeoCarb.

In addition to Dr. Moore, the summit will feature economic development experts from Market Street Services as they reveal research on Norman and how it is competing for jobs and investment. Market Street will also be revealing next steps and expectations for Norman's economic development strategic plan.


To read the full article click here. If it has been removed, please email Alexia Eanes for a copy of the entire article.