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Here is today's summary of economic development news, presented by the Economic Development Partnership of Alabama. 
 
in this issue:
CNBC broadcasts from Alabama - Birmingham News
Gildan closing 4 mills in Fort Payne, Alabama's one-time 'Sock Capital of the World' - AP link
Jefferson County agrees to sell land for data center - Birmingham News
Thomasville, Ala., could get $100 million, 200-job Chinese copper tubing plant - Press Register
Vector expansion will mean 100 jobs - Andalusia Star
Tallassee NOW: A cutting-edge Industrial Development Board - Wetumpka Herald
UAH hosting Model Based Enterprise (MBE) Supplier Education & Training Summit for DOD & NASA Suppliers
OESA - AAMA Joint Meeting

       

CNBC broadcasts from Alabama 

Published: Thursday, February 03, 2011, 9:37 AM Updated: Thursday, February 03, 2011, 11:22 AM

 

By Stan Diel -- The Birmingham News

 

 

 

CNBC's Squawk Box this morning broadcast live from the ThyssenKrupp AG steel mill in Mobile, and broadcast a series of segments filmed elsewhere in Alabama, including a segment on biotechnology research in Birmingham.

 

Squawk Box host Carl Quintalla tells viewers that Alabama lost 6,500 jobs last year, a 60 percent improvement over job loss in 2009.

 

The segments:

 

  

Discovery Biomed CEO Erik Schwiebert on biomedical research in Birmingham. 

Sen. Richard Shelby discusses the health care fight. 

HealthSouth CEO Jay Grinney discusses health care. 

Norfolk Southern CEO Wick Moorman on rail in Alabama. 

Thyssenkrupp's Bob Holt on German investment in Alabama. 

 

 

 

 

 


       

Gildan closing 4 mills in Fort Payne, Alabama's one-time 'Sock Capital of the World'

 

Published: Thursday, February 03, 2011, 8:19 AM Updated: Thursday, February 03, 2011, 8:24 AM

GADSDEN, Alabama - Gildan company officials say they will close their 4 remaining sock mills in Fort Payne, the once-prominent "Sock Capital of the World."

The Canadian firm announced Wednesday that it will relocate production to a new facility in Honduras, taking about 280 jobs with it.

Company spokesperson Genevieve Gosselin said the moves are being made to respond to global competition and improve efficiency. Gosselin says the company has been trying to reduce costs to deal with the rising costs of raw materials.

The four sock-knitting plants are expected to end production in April.

Jimmy Durham, executive director of the DeKalb County Economic Development Authority, said the news is a blow to the region, which has lost many jobs in the hosiery industry in recent years.

AP link


 

Jefferson County agrees to sell land for data center


Published: Thursday, February 03, 2011, 6:00 AM Updated: Thursday, February 03, 2011, 6:24 AM

By Michael Tomberlin -- The Birmingham News

 

Jefferson County officials agreed Wednesday to sell 4.5 acres to Community Health Systems for a $25 million data center in an industrial park on Lakeshore Parkway.

 

The company plans to create up to 15 jobs at the center in the Jefferson Metropolitan Park Lakeshore, or JeffMet Lakeshore as it is known.

 

The Jefferson County Economic and Industrial Development Authority Board agreed to sell the property to Franklin, Tenn.-based CHS for $360,000, or $80,000 per acre.

 

"This will be a nice addition to the park," Carma Jude, the authority's executive director, told the board members at a Wednesday meeting.

 

To make the deal possible, the authority will subdivide a 9-acre tract in the park. Authority officials will seek permission to divide the property from the city of Birmingham next week. JeffMet Lakeshore is in the Birmingham city limits.

 

 

more...

Birmingham News link


  

Thomasville, Ala., could get $100 million, 200-job Chinese copper tubing plant


Published: Thursday, February 03, 2011, 5:45 AM Updated: Thursday, February 03, 2011, 10:42 AM

 

By Jeff Amy, Press-Register

 

Thomasville is one of at least three locations in the running for a $100 million copper pipe plant that could create 200 jobs.

 

City officials last month hosted visitors from Golden Dragon Precise Copper Tube Group, China's largest maker of copper pipes for plumbing, air conditioners, refrigerators and automobiles.

 

Sheldon Day, Thomasville's mayor, said the firm is considering a site in a city industrial park. He said locations in Texas and Arkansas are still in the running.

 

Day said Thomasville is the only Alabama location being considered.

 

Golden Dragon, based in Xinxiang, a city of 5.5 million people in China's second-most populous province, would join the increasing number of Chinese companies investing in the U.S.

 

Last year, AVIC International Holding Corp., a Chinese government-owned firm, said it would buy Mobile-based Teledyne Continental Motors for $186 million from Teledyne Technologies.

 

Chinese companies invested $462 million in the United States in 2008, according to China's Ministry of Commerce. China's American investments remain tiny compared to leaders such as the United Kingdom, Japan, the Netherlands and Germany, according to the U.S. Bureau of Economic Analysis. American companies owned assets almost 50 times as valuable in China as the assets Chinese firms owned in the United States in 2008.

 

 

more... 

Press Register link


  

Vector expansion will mean 100 jobs

 

Published 12:04am Wednesday, February 2, 2011

Vector Aerospace has signed an agreement with local governments for an expansion to their facility in the South Alabama Regional Airport industrial park that will more than double its current working space, add additional offices, and mean at least 100 new jobs in coming months, Mayor Earl Johnson told council members Tuesday night.

Johnson said the construction is a joint project for Andalusia, Opp, Covington County and the South Alabama Airport Authority.

"We are very excited about this," Johnson said. "The money will be in place in two or three weeks and we'll be kicking off with in a month."

"This will mean at least 100 new jobs here," Johnson said, adding that Vector's parent corporation is very pleased with the quality of work done in its Covington County facility.

 

more...

Andalusia Star News


  

Tallassee NOW: A cutting-edge Industrial Development Board

Jeanna Kervin and Dale Segrest  

The Tallassee Industrial Development Board is right on top if its work. Its strong, professional competency was demonstrated again in January when the Alabama AdvantageSite program added Tallassee's Corporate Park to its designated list. Alabama AdvantageSite is a voluntary program that allows communities to demonstrate that "due diligence" has been done at the designated site. The organization confirms that documentation critical to the site selection process is ready for prospective industry. The program is sponsored by the State of Alabama, Power South Energy Cooperative, Alagasco, Alabama Power Company, EDPA (Economic Development Partnership of Alabama), and the North Alabama Industrial Development Association. The program was created to make the State more competitive to companies considering a location in Alabama.

Tallassee's Corporate Industrial Park is indeed ideally situated on the 229 corridor between Tallassee and I-85. Interstate 85 is recognized as the industrial and business corridor connecting Atlanta and Montgomery. The Park is also conveniently located close to the CSX Railroad.

In evaluating a site for approval, Alabama AdvantageSite considers the size of the park, accessibility, zoning, and support of local government. It also investigates availability of public water and waste water disposal, electric power, natural gas, and telecommunications. It investigates environmental and geo-technical information including wetlands assessment, geo-technical exploration, and information concerning rare or endangered species.

 

more...

Wetumka Herald


  

UAH hosting Model Based Enterprise (MBE) Supplier Education & Training Summit for DOD & NASA Suppliers

 

UAHuntsville has been chosen as the venue for a Model Based Enterprise (MBE) Supplier Education and Training Summit on February 22, 2011 in Huntsville, AL.

This MBE Summit is being organized by the National Institute of Standards and Technology Manufacturing Extension Partnership (NIST MEP), with coordination assistance from several affiliate MEP Centers in Alabama, the Gulf Coast Region, and elsewhere around the country. The Summit is being co-sponsored and led by the U.S. Army Manufacturing Technology (ManTech) Program and the NASA Marshall Space Flight Center.

UAHuntsville has been chosen as the venue for the Summit in conjunction with a meeting of the Manufacturing Division of the National Defense Industrial Association also being held at UAH on February 23-24, 2011.

The MBE Summit will be a daylong event to raise the MBE literacy of DOD and NASA suppliers. The Summit is designed to increase the awareness and understanding of MBE technology and operations among domestic defense suppliers, and it will communicate information about NASA supply strategies and future directions relating to MBE, including how NASA suppliers can use MBE to link to DOD supply opportunities. The agenda for the day will include presentation topics such as:

MBE and its Benefits: Perspectives from both the Department of Defense and NASA

Ongoing MBE Efforts within the DOD and Specifically Army Programs

Ongoing NASA MBE Efforts

MBE Technical Data Package Development

The Implications and Opportunities of MBE for Small Business

MBE-Related Resources and Assistance Available to Suppliers, including via MEP

Certification As an Ultimate Goal

Question and Answer Panels with Manufacturers and Government Experts in MBE

It is targeted that companies will leave the summit with a better understanding of what MBE is, why DOD and NASA are interested in MBE, and what their implementation plans look like. Suppliers also will be able to determine where they stand in the spectrum of MBE development and where they can go to get help developing their capabilities.

 

Early registration is strongly recommended! To register:

http://model-based-enterprise.org/MBE-Events


This MBE Summit is the third in a series of summits to raise suppliers' MBE literacy that will be held across the country and that began in 2010.


      

 

 

 

OESA - AAMA Joint Meeting

 

Thursday, February 17, 2011

 

Keynote Dinner Speaker - James Tobin
Marketing Officer and President Magna Japan and Korea Magna International

Barber Vintage Motorsports Museum

Automotive suppliers should take advantage of this opportunity to network with industry peers and hear thought leadership from industry experts.

GO TO THE FOLLOWING WEBSITES FOR DETAILS:

To register for Alabama Automotive Manufacturers Association event click on: http://www.aama.to/programs.asp


To register for Original Equipment Supplier Association event click: http://oesa.org/events/eventdetail.php?eventId=962

 





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Wendy Wallace Johnson
 
 
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