EDPA NewsFlash

 

home       about edpa        relocation     resources for     resources for     entrepreneurship &
                                          assistance     companies        communities            technology    

 

Greetings!
 
Here is today's summary of economic development news, presented by the Economic Development Partnership of Alabama. 
 
in this issue:
Tate & Lyle plans to hire 100 when it reopens Splenda plant, probably by mid-2012 - Press Register
Slower growth for Alabama economy, but exporting looks good - Birmingham News
South Baldwin, Alabama Gulf Coast chambers plan more cooperation - Press Register
Seafood grant looks to boost Alabama Gulf Coast business - Press Register
labama ranks 11th in government job growth - Birmingham Business Journal
Alabama ranks 33rd for manufacturing job growth - Birmingham Business Journal

    

Tate & Lyle plans to hire 100 when it reopens Splenda plant, probably by mid-2012

 

Published: Friday, May 27, 2011, 7:12 PM


 

By K.A. Turner, Press-Register Press-Register


 

Tate & Lyle said today that it will hire 100 people as it reopens its sucralose plant in McIntosh, Alabama.


 

"When we mothballed the plant a couple of years ago, we said we'd restart the plant when market demand warranted, and that is what's led to today's announcement," said Chris Olsen, vice president of community and government affairs for Tate & Lyle.


 

Two years ago, the company shut the factory that was the only U.S. production site for the key ingredient in Splenda sweetener, transferring production to Singapore and eliminating about 125 jobs. It said at the time that a productivity breakthrough that allowed the company to get more Splenda from the same amount of raw ingredients allowed it to close the McIntosh plant.


 

 

"The Tate & Lyle decision not only reflects confidence in their markets for Splenda, but also the positive business environment in the state," Gov. Robert Bentley said today in a written statement. "We are working closely with the company to make sure their restart goes smoothly from an operational perspective, and we are also working with them on how existing and proposed state programs can further support their decision." 

 

 

 

more...

 

Press Register 

 

    

Slower growth for Alabama economy, but exporting looks good

 

Alabama's economy is on course for slower growth even though the state's export machine is cranking up, according to economists at BBVA Compass.

 

The Birmingham-based bank said it has trimmed estimated economic growth in Alabama this year to 2.5 percent, down from a previous forecast of 2.6 percent. The figure puts the state's pace of economic growth slightly slower than the national average of 2.7 percent.

 

 

 more...

 

 Birmingham News 

 

 

    

South Baldwin, Alabama Gulf Coast chambers plan more cooperation

 

FOLEY, Alabama -- Chamber of commerce officials in Foley and Gulf Shores said they will continue to work together although a measure to merge the two organizations fell short last week.


 

The proposal to merge the South Baldwin Chamber of Commerce, based in Foley, and the Alabama Gulf Coast Area Chamber of Commerce did not receive the 75 percent approval from both memberships needed to pass. More than 78 percent of the South Baldwin Chamber members voted in favor of the merger.


 

The vote did show that most members of both organizations approve of closer cooperation and efforts between the chambers, Britton Bonner, chairman of the South Baldwin Chamber, said.


 

"Going forward, we're going to continue to work with and partner with the Alabama Gulf Coast just as we've done in the past and probably more so in the future," Bonner said. "Although they weren't able to hit the 75 percent mark, it appears that 90 percent of their members who voted were in favor of consolidating that led me to believe they have a strong consensus that they want to continue to work together with us regardless. I'm sure we will continue to do that when the situation calls for it."


 

While more than 65 percent of the Gulf Coast members approved the merger, the vote fell short of the margin set by the boards of directors for passage. When balloting ended Wednesday night, 511 of the 777 Gulf Coast Chamber members had voted for the measure, about 71 votes short of the number needed for approval, Joe Joe McCarron, coast chamber chairman, said.

 

 

 

more...

 

 

Press Register 

 

 

 

 

    

Seafood grant looks to boost Alabama Gulf Coast business
 

Published: Friday, May 27, 2011, 5:04 PM Updated: Saturday, May 28, 2011, 9:21 AM

 

By The Associated Press The Associated Press

 

BP has agreed to support a $9 million grant program which will fund testing and marketing efforts for seafood coming out of Alabama's gulf.

 

MONTGOMERY, Alabama - BP has agreed to support a $9 million grant program which will fund testing and marketing efforts for seafood coming out of Alabama's Gulf Coast.

 

The grant will allocate $4 million toward testing seafood to in an attempt to ensure there are no harmful chemicals or substances in the seafood as an effect of the Deepwater Horizon oil spill last year. The grant will also allocate $5 million toward an Alabama seafood marketing campaign.

 

Gov. Bentley created the Seafood Marketing Commission in March of this year to represent industries related to the Alabama seafood industry. The commission will develop a seafood safety marketing program in conjunction with efforts created by the grant.

 

The Seafood Testing Commission will consist of representatives from three state agencies 

 

 

 more...

Press Register 

 

 


 

Alabama ranks 11th in government job growth

 

Birmingham Business Journal - by Brent Godwin, Staff

Date: Friday, May 27, 2011, 1:48pm CDT

 

Alabama ranks 11th nationally in government job growth since April 2001, according to an On Numbers study of employment data from the U.S. Bureau of Labor Statistics.

The study looked at growth in federal, state and local government jobs.

In 2001, there were 355,200 government jobs in Alabama, an increase of 31,600 from the 391,300 government jobs in the state in April 2010.

But the state's government jobs slipped to 386,800 in 2011.

Texas had the largest government job growth, adding 286,800 jobs in the decade. As of April 2011, Texas has nearly 1.9 million government jobs.

Michigan ranked 51st, losing 15,100 jobs since April 2001 and losing 10,800 in the last year alone.

 

more...


Alabama ranks 33rd for manufacturing job growth

Birmingham Business Journal - by Brent Godwin, Staff

 

Date: Tuesday, May 31, 2011, 2:25pm CDT

 

Alabama ranks No. 33 for manufacturing job growth between 2001 and 2011 - although you can hardly call it growth.

 

According to a new report from On Numbers, the state lost 93,000 manufacturing jobs between April 2001 and April 2011.

 

That was the 33rd best performance in the U.S., where only Alaska added jobs over the 10-year period in the study.

 

The study shows Alabama had 330,100 manufacturing jobs in 2001, but that number had fallen to 236,600 by April 2010.

 

California was the hardest hit state, losing 572,000 manufacturing jobs since 2001.

 

more...

Birmingham Business Journal

 

 

  




Please feel free to forward along to someone who can use it by clicking on the "I'd like to forward this to a contact" link below the green bar.
Note also, that you can now make changes to your e-mail address and contact information through the link at the bottom. 

As always, if you have news or suggestions, please forward them along to me.
 
Best,

Wendy Wallace Johnson
 
Partners Thank You
Join Our Mailing List