EDPA NewsFlash

 

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Greetings!
 
Here is today's summary of economic development news, presented by the Economic Development Partnership of Alabama. 
 
in this issue:
On the Record: Carma Jude, executive director, Jefferson County Economic and Industrial Development - Birmingham News
Raytheon breaking ground today for missile facility on Redstone Arsenal - Huntsville Times
Birmingham-based Hibbett Sports searching for site for new distribution center - Birmingham News
Huntsville/Madison County delegation meets industry execs during Paris Air Show - Huntsville Times
Rail wheel plant near Bessemer looks to hire 130 - Birmingham News
Steel distributor opens center in Northport - Tuscaloosa News
Jobs, economic development dominate roundtable talk at city officials convention - Huntsville Times
Birmingham-Southern College names four to advise entrepreneur program
Huntsville-based Aviagen opens diagnostic/research lab in Elkmont - Huntsville Times
Silver Ships in running for big Coast Guard shipbuilding contract - Press Register
Baldwin County seeks bond rating on $25 million sought for megasite - Press Register
Germany visit aimed at luring jobs - Tuscaloosa News
Chamber of Commerce of Huntsville/Madison County Engages Search Firm for New President & CEO - Release
Ozark/Dale Co. Positions Open - Release

      

On the Record: Carma Jude, executive director, Jefferson County Economic and Industrial Development Authority
 

Carma Jude has just a few days remaining in a job she has come to love, and she is optimistic that her successor will seize on opportunities now in place for Jefferson

County's industrial parks.

 

Jude is leaving her post as executive director of the Jefferson County Economic

and Industrial Development Authority to move to Mississippi, where her husband

has taken a new job. She has headed the agency since 2008.

 

The authority has emerged as one of the most stable organizations under the umbrella of a county teetering on the brink of the nation's largest ever municipal bankruptcy. The authority generates revenue from land sales at the two industrial parks it manages -- Jefferson Metropolitan Park McCalla and Jefferson Metropolitan Park Lakeshore -- and has enough money in the bank to fund its operations for more than three years even if it never makes another land sale.

 

 

 

  

 

more...

Birmingham News 

 

 

 

 

    

Raytheon breaking ground today for missile facility on Redstone Arsenal


 

HUNTSVILLE, Alabama -- Raytheon is breaking ground at Redstone Arsenalthis morning on a new missile plant that is expected to bring about 300 jobs to Huntsville and is a key to future missile defense plans for the United States and Europe.


 

The $70 million, 70,000-square-foot Raytheon Redstone Missile Integration Facility will be where the propulsion and other components of the company'sStandard Missile 3 and SM-6 missiles come together and are tested before going to Missile Defense Agency, Navy or other customers, said Dr. Taylor Lawrence, president of Raytheon's Missile Systems business.

 

 

 

more...

 

Huntsville Times 

 

    

Birmingham-based Hibbett Sports searching for site for new distribution center


 

Birmingham-based Hibbett Sports Inc. is scouting sites for a new distribution center, a move prompted by the sporting good retailer's continued growth.


 

The company's existing distribution center on Industrial Lane, which covers 200,000 square feet and supports 800 stores, is landlocked, so expanding there is not an option.


 

But more room is needed, as Hibbett aims to have 1,000 to 1,200 stores in the next four to five years, said Mickey Newsome, executive chairman of Hibbett's board, and Jeff Rosenthal, the company's chief executive.


 

 

The site search is in the preliminary stages, Newsome said, and the company will be fine in its current spot for the next few years..  

 

more... 

Birmingham News 

 

 

 

 

 

 

 

    

Huntsville/Madison County delegation meets industry execs during Paris Air Show

 

HUNTSVILLE, Alabama -- Huntsville Mayor Tommy Battle, who was part of a local delegation to his first Paris Air Show last week, has been asked why a group from this community travels so far for an industry trade show.


 

"The answer," said Battle, "is jobs."


 

The purpose of the trip is to meet with the leaders of aviation, aerospace and defense companies about the opportunities for launching or expanding operations here.


 

"This is one place you can go and see top executives from those firms, and you can see them all in two or three days," said Battle. If an industry-recruiting trip like this can help broaden the industrial base, "it just makes a lot of sense for us as a community to be there."

 

 

 

more...

 

 

Huntsville Times 

 

    

Rail wheel plant near Bessemer looks to hire 130
 

A Chicago-based company plans to hire as many as 130 workers as it prepares to reopen a long-shuttered railroad wheel plant near Bessemer this year.


 

Amsted spokesman Brad Myers said the company will slowly ramp up operations at the Jefferson County plant but has big plans for it in the future.


 

"The expectation is by the tail end of this year into the first quarter of next year, we will actually begin doing processing work on wheels," Myers said. "The expectation is by the end to middle of next year, we will be into full-blown production where we will pour and produce wheels."


 

The company will hire as many as 130 workers from a job fair it has scheduled for Thursday at the Fairfield Inn & Suites in Bessemer. The hiring event takes place from 7 a.m. until 3 p.m.

 

 

 

more... 

Birmingham News

 

 

 

    

Steel distributor opens center in Northport

 

A New Jersey-based steel distributor has opened a new center in Northport to serve its customers of hot-rolled carbon steel plate in the Southern U.S. and Mexico.


 

The Eddie Kane Steel Products Inc. distribution center at 10621 North Haven Road also includes warehouse and sales offices. The Sea Girt, N.J.-based company said the facility is now in its start-up phase, although it has already received its first truckload of processed steel. The new business has three employees, but a company spokeswoman said it expects to have 10 to 15 employees within the next 12 to 18 months

 

 

 more...

Tuscaloosa News

  

 

    

Jobs, economic development dominate roundtable talk at city officials convention
 

HUNTSVILLE, Alabama - It's probably no surprise that when elected officials of the state's largest cities get together to discuss issues that jobs and economic development dominate the discussion.


 

That was true this afternoon during a roundtable discussion of elected leaders of cities of more than 20,000 population at the Alabama League of Municipalities convention at the Von Braun Center.


 

"The challenge is finding jobs, particularly after the storms came through and in this sluggish economy," Huntsville City Councilman Will Culver told the group at his table.

 

 

more...

Huntsville Times

 

 

 

 

    

Birmingham-Southern College names four to advise entrepreneur program

 

Published: Monday, June 27, 2011, 3:59 PM Updated: Monday, June 27, 2011, 4:04 PM

By The Birmingham News The Birmingham News


 

Birmingham-Southern College said today that it has named four local business leaders to an advisory board for its entrepreneurship program.


 

Members of the advisory board will offer oversight and advice to the college's Kevin R. and Jane Templeton Stump Programs in Entrepreneurship. They are:


 

>>>James Childs, chairman of the Venture Capital and Private Equity Team and the Emerging Growth Companies team at Bradley Arant Boult Cummings LLP;


 

>>>Colin Coyne, managing principal of The Coyne Group and winner of the $50,000 top prize in the Community Foundation of Greater Birmingham's Prize2theFuture contest;


 

>>>Steve Dauphin, partner at Murphree Ventures, Bonaventure Capital and Fidelis Capital and adviser to Kirchner Food Security Group; and


 

>>>Benny LaRussa Jr., president of Sterling Capital Management and general partner of Azalea Capital.


 

Kevin Stump, founder and chairman of Interconn Resources Inc., also is a member of the advisory board. He and his wife, Jane Templeton Stump, endowed the Stump Programs at Birmingham-Southern in 2009. 

 

 

more...

 

Birmingham News

 

 

 

 

 

    

Huntsville-based Aviagen opens diagnostic/research lab in Elkmont

 

Published: Monday, June 27, 2011, 1:44 PM Updated: Monday, June 27, 2011, 1:51 PM

By Marian Accardi, The Huntsville Times The Huntsville Times


 

HUNTSVILLE, Alabama -- Aviagen, a Huntsville-based poultry breeding company, has opened a new 15,000-square-foot diagnostic and research laboratory in Elkmont.


 

The facility, which provides expanded and dedicated areas for laboratory work, will serve the needs of all Aviagen breeding-production facilities in the United States.


 

The lab was designed to meet biosafety level II (BSL-II) standards and rigorous employee safety criteria.


 

"The new laboratory will help Aviagen meet the growing needs of its breeding program and production units," said Dr. Gregorio Rosales, vice president of veterinary services, in a release.


 

Aviagen has been a leader in poultry genetics, health and biosecurity for more than a decade, said Rosales. "This laboratory is an essential component that will allow us to maintain that role in the future and safeguard the supply of breeding stock to our customers in the U.S. and over 45 countries around the world."


 

The building has office space for five veterinarians, a microbiologist and an information management system administrator and will initially have 20 employees. 

 

 

more...

Huntsville Times

 

 

 

 

    

Silver Ships in running for big Coast Guard shipbuilding contract

 

Published: Thursday, June 23, 2011, 2:45 PM Updated: Thursday, June 23, 2011, 2:52 PM

By Dan Murtaugh, Press-Register Press-Register


MOBILE, Ala. -- Theodore-based Silver Ships Inc. is one of four companies in the running for a $58 million contract to build as many as 100 ships for the U.S. government.


 

The U.S. Coast Guard ordered one prototype each for its Over The Horizon cutter program from Silver Ships; Clayton, N.Y.-based MetalCraft Marine U.S.; Port Orchard, Wash.-based SAFE Boats International; and Burlington, Wash.-based William E. Munson Co.


 

Each company will deliver a 23-foot cutter to the Coast Guard this fall. After a round of testing, the Coast Guard will choose one of the companies for the full slate of boats. A choice is expected next spring.


 

The Coast Guard plans to use the cutters to keep ports, waterways and coasts secure, perform search and rescue missions, for drug and migrant interdiction and other law enforcement missions.


 

The Coast Guard plans to acquire up to 71 ships. In addition, it is buying up to 20 boats for Customs and Border Protection and 10 boats for the U.S. Navy, for a total of up to 101 boats.


 

Silver Ships, founded in 1985, has about 50 employees at its 32-acre Bellingrath Road location, which consists of five buildings for a total of 85,000 square feet of production space.


 

Wade Stevens, head of government sales for Silver Ships, said the company will handle the prototype with its current workforce and facilities. If it is chosen for the full contract, though, he said the company would likely undergo "significant expansion."

 

 

 

more...

 

Press Register 

 

 

 

 

    

Baldwin County seeks bond rating on $25 million sought for megasite

 


 

BAY MINETTE, Alabama - Baldwin County commissioners plan to head to New York next month to pitch the industrial megasite bond issue to financial rating corporations, even as some question the risks involved in borrowing the money.


 

Commissioners approved a recommendation to proceed with the bond application at their meeting Tuesday. County leaders started work on the project years ago as an incentive to draw a major manufacturer to north Baldwin. The tract would be development-ready with rail, seaport and interstate access.


 

"We are asking what our bond rating will be if we borrow - and I emphasize that word - borrow another $25 million," said Commissioner Tucker Dorsey, who serves as finance chairman.


 

"We would be taking $10 million from our general fund reserve to supplement what we borrow to pay for the 3,000-acre megasite, do site preparation and promote the site to industry. I am not comfortable with borrowing $25 million and having all the gamble on the backs of Baldwin County taxpayers," Dorsey said Wednesday.

 

 

 

 

 

more...

 

 

Press Register  

 

 

 

 

    

Germany visit aimed at luring jobs

 

Gov. Robert Bentley has returned, but Tuscaloosa city, county and industrial recruitment officials still are in Germany trying to lure jobs to West Alabama.


 

Tuscaloosa Mayor Walt Maddox, Tuscaloosa County Probate Judge Hardy McCollum and members of the Tuscaloosa County Industrial Development Authority traveled with Bentley to Stuttgart on Tuesday to meet with officials of Mercedes-Benz.


 

City Clerk Tracy Croom said the visit was to discuss the expansion of current suppliers and potential recruitment of new businesses to facilitate the production of the C-Class sedan at the Mercedes assembly plant in Vance. The plant will produce the C-Class for the North American market beginning in 2013.


 

"The ultimate goal is creating new jobs in Tuscaloosa County in the weeks and months ahead," Croom said. "That's really important for us since our unemployment doubled in a matter of minutes."

 

 

 

more...

Tuscaloosa News 

 

 

 

    

 

Chamber of Commerce of Huntsville/Madison County Engages Search Firm for New President & CEO


 

The Board of Directors of the Chamber of Commerce of Huntsville/Madison County has begun the search for the Chamber's next President & Chief Executive Officer, retaining Waverly Partners LLC as its executive search firm. Board Chair Charlie Kettle will head a 12-member search committee that will work with Waverly Partners to identify qualified local, regional and national candidates.

"Our committee has developed a profile with the experience and leadership characteristics of our preferred candidate," Kettle said. "We are open to executives with backgrounds in chamber leadership, private sector, economic development or related experience with a commitment to our mission with all of our partners in Huntsville, Madison County and the region. It is absolutely critical that we identify and hire the best candidate to lead this organization and our business community. We have retained the services of Waverly Partners to ensure that we attract the very best because that is what our community demands."

The position profile is available on the Chamber's website: www.huntsvillealabamausa.com.

Brian Hilson, the Chamber's previous CEO, resigned in March to accept a new position in Birmingham. Tommy Beason, a former Chamber Board Chair, is serving as Interim President/CEO throughout the transition.For more information about the search, contact search consultants Eric Peterson or Harrison Turnbull at Huntsville@Waverly-Partners.com; all inquiries will be held in confidence. 

 

 

    

Ozark/Dale Co. Positions Open
 

Job Title: Executive Director
Ozark/Dale County Economic Development Corporation
The Ozark/Dale County Economic Development Corp. is seeking an Executive Director. Ozark/Dale County is located in the southeast corner of Alabama and enjoys the best of both a small-community atmosphere and a close proximity to a metropolitan area and attractions. Visit www.ozarkalchamber.com for more information on the community.

 

Job Title: Office Manager
Ozark-Dale County Economic Development Corporation
The Ozark-Dale County Economic Development Corporation is seeking an Office Manager to be responsible for the organization and coordination of office operations, procedures and resources to facilitate organizational effectiveness and efficiency.

For a full list of qualifications and a complete job descriptions please visit www.ozarkalchamber.com.

Contact Name: John H. Ferguson, Jhnfer7@aol.com 

 

 




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