Monday, July 1, 2013, 9:07 AM

The Economic Development Digest - June 28, 2013

Womble Carlyle’s Economic Development Digest aggregates news, opportunities and legislation impacting business in the Southeast and Mid-Atlantic U.S.

In this week's Economic Development Digest:

South Carolina
  • Haley wants to see how road money is spent before backing more, The Greenville News (June 25, 2013)
    Governor Nikki Haley wants to see how officials handle this year's road and bridge money before deciding whether to support a push for more. Governor Haley signed a transportation funding bill that could raise more than $700 million for roads and bridges.
North Carolina
  • Big business-recruiting changes in store for North Carolina, Charlotte Business Journal (June 27, 2013)
    The North Carolina General Assembly votes this week on a bill that would make sweeping changes to how the state recruits companies and jobs -- privatizing the sales, marketing and support services of the state Commerce Department by moving those duties to a newly created private nonprofit.
  • McCrory celebrates NC transportation money changes, The Associated Press (June 26, 2013)
    Governor McCrory earned two victories Wednesday first by signing transportation funding formula changes into law and second by receiving initial House support to shift many Commerce Department duties to an outside group. The transportation effort retools the recipe for how $1.5 billion in state and federal highway funds get spent annually. This week, the House gave tentative approval to McCrory-backed legislation to begin the process to shift department responsibilities for travel and tourism, international trade and economic recruitment to the yet-created private nonprofit corporation.

**Note: a paid subscription is required to access this article. A brief description has been provided. Please contact Womble Carlyle’s Economic Development Team for more information on these developments.

Womble Carlyle's Economic Development Team helps clients explore opportunities for locating or expanding operations in the Southeast and Mid-Atlantic U.S. Our Economic Development Team combines a thorough working knowledge of economic development incentives; land use and siting procedures; and regulatory matters at the state, county and local levels, drawing on strong relationships built over many years with key governmental and civic leaders. For more information visit
If you have any questions about this Economic Development Digest, please e-mail or contact any member of Womble Carlyle's Economic Development Team.

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