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Greetings!

 

Here is today's summary of economic development news, a free service of the Economic Development Partnership of Alabama, representing Alabama's private sector investment in economic development.  If you enjoy NewsFlash, thank an EDPA Partner

 

 

in this issue:
Economic Development Strategy To Be Unveiled on Tuesday - ADO Press Release
Official: Industries eye spots in Tuscaloosa CountyMercedes to receive $12.5M in tax breaks... - Tuscaloosa News
Kiplinger publications' editor in chief expects U.S. economy to improve 'very gradually' this year Huntsville Times
Alabama unemployment rate falls to 8.1 percent - Birmingham News
Complying with U.S. Export Controls - EVENT
Complying with ITAR - EVENT
Alabama Launchpad Business Plan Competition entering mentoring phase - Call for Mentors

  

 


 

Economic Development Strategy To Be Unveiled on Tuesday

 

MONTGOMERY -- Following a series of statewide meetings in 2011 with more than 1,200 participants, Alabama's new economic development strategy will be unveiled on Tuesday at the Economic Development Association of Alabama's 2012 Winter Conference in Birmingham.

 

The announcement will be made from 1:30 - 3 p.m. at the Wynfrey Hotel in Birmingham by: Vice President of Business Development for PowerSouth Energy Seth Hammett, Director of the Alabama Development Office Greg Canfield, Chancellor of the Alabama Community College System Dr. Freida Hill, Chancellor of the University of Alabama System Dr. Malcolm Portera, Executive Director of the Gadsden-Etowah County Industrial Development Authority Mike McCain, Senior Vice President of Corporate Development of the Montgomery Area Chamber of Commerce Ellen McNair, and President of the Jackson County Economic Development Authority Dus Rogers.

 

"We recognize the value of our local economic development partners and we want to unveil this new plan in a setting where they are actively involved," said Alabama Development Office Director Greg Canfield. More than 285 economic developers are expected to attend the conference.

 

more...

ADO Press Release

    

 

 

 


 

   

 

 

Official: Industries eye spots in Tuscaloosa CountyMercedes to receive $12.5M in tax breaks for expansion
 
Published: Friday, January 20, 2012 at 3:30 a.m.Last Modified: Thursday, January 19, 2012 at 11:36 p.m.

TUSCALOOSA | New industries could be coming to Tuscaloosa County.

More than a half dozen industries are looking at the county as a possible site for new plants, said Dara Longgrear, executive director of the Tuscaloosa County Industrial Development Authority.

Most are automotive-related manufacturers that would make parts for automakers like Mercedes-Benz, which is in a major expansion mode at its sprawling Vance plant.

Longgrear outlined the types of industries looking at the county for the authority's directors, who met Thursday to approve tax abatements for one of the latest Mercedes plant expansions - a $255 million construction project to accommodate production of a new, yet-unnamed vehicle starting in 2015.

Mercedes announced that project in October. It followed a July announcement for a $289 million expansion that is being built for the production of C-Class sedans starting in 2014.

The C-Class will be the fourth model that will be added to the Vance production, and the unnamed vehicle will be the fifth model.

That is keeping things busy at Vance, according to Felyicia Jerald, a Mercedes spokeswoman.

 

   

more... 

 


 

Kiplinger publications' editor in chief expects U.S. economy to improve 'very gradually' this year 

 

 

Published: Thursday, January 19, 2012, 5:39 PM     Updated: Friday, January 20, 2012, 11:41 AM

 

 

 

HUNTSVILLE, Alabama -- Knight A. Kiplinger, the editor in chief of business forecast and personal finance publications including the Kiplinger Letter, Kiplinger's Personal Finance magazine and Kiplinger.com, expects the U.S. economy to continue to improve "very gradually" this year.

"It's been two years since the official end of the Great Recession, the worst economic slump in America since the 1930s," Kiplinger said today at the annual meeting of the Huntsville/Madison County Chamber of Commerce. In a typical recovery, "we'd be in a strong bounceback by now."

Instead, there's been an "anemic recovery," he said. But slow growth, as he put it, "beats a poke in the eye with a sharp stick."

There are a number of factors that could derail the fragile economy, he said, including a "meltdown" in Europe.

Discussing the local economic outlook at a media briefing, Kiplinger said Huntsville is "better positioned for prosperity than many other areas." He noted the area's talented labor force and high concentration of a "creative class" of professionals including scientists, educators, artists and engineers.

 

more... 

Huntsville Times

 

  

 

 


 

Alabama unemployment rate falls to 8.1 percent

Published: Friday, January 20, 2012, 8:35 AM     Updated:
Friday, January 20, 2012, 9:02 AM
Martin Swant --- The Birmingham News The Birmingham News  
BIRMINGHAM, Alabama -- Alabama's unemployment rate continued to decline in December, falling to 8.1 percent from 8.7 percent the month prior. The Birmingham metro rate fell to 6.8 percent from 7.3 percent.
Alabama's unemployment rate continued to decline in December. (AP Photo/Gregory Bull)

The data, released this morning by the Alabama Department of Industrial Relations, show 174,119 Alabamians were unemployed in December, compared to 187,496 in November. In December 2010, that number was around 193,000.

"Alabama's unemployment rate has been falling since August," Alabama Gov. Robert Bentley said in a statement this morning. "In the last three months alone, we've seen an unprecedented drop of 1.7 percentage points. Our rate is once again below the national average, and over 41,000 more Alabamians are employed now than at the beginning of the year. I have to say that 2011 turned out to be a pretty good year, in terms of reducing unemployment, but we still have work to do."

In November, the state was even with the national unemployment average. December's data show the state fell below the U.S. level of 8.5 percent. About 35,400 jobs have been created in Alabama since the beginning of the month, officials said.
 

 more... 

Birmingham News

 



 

 

 

 


 

 

The Bureau of Industry and Security Outreach and Educational Services Division
Cosponsored by: Alabama District Export Council Presents

"Complying with U.S. Export Controls"

March 6-7, 2012

Renaissance Ross Bridge Golf Resort & Spa
Hoover, Alabama

Complying with U.S. Export Controls

The two-day program is led by BIS's professional counseling staff and provides an in-depth examination of the Export Administration Regulations (EAR). The program will cover the information exporters need to know to comply with U.S. export control requirements on commercial goods. We will focus on what items and activities are subject to the EAR; steps to take to determine the export licensing requirements for your item; how to determine your export control classification number (ECCN); when you can export or reexport without applying for a license; export clearance procedures and record keeping requirements; an overview of the the Export Management Compliance Program (EMCP) concepts; and real life examples in applying this information. Presenters will conduct a number of "hands-on" exercises that will prepare you to apply the regulations to your own company's export activities. This program is well suited for those who need a comprehensive understanding of their obligations under the EAR. Technical, policy, and enforcement professionals from BIS, as well as specialists from other agencies such as the Bureau of Census will participate in certain programs.

About the Instructors

The instructors are experienced export policy specialists, engineers and enforcement personnel from BIS's Washington, D.C. headquarters and field offices, as well as representatives from other U.S. government agencies as appropriate. The instructors will be available throughout the seminar to answer your questions on how the export regulations affect the export activities of your organization or client.

Location/time

The program will be held at the Renaissance Ross Bridge Golf Resort & Spa, 4000 Grand Avenue, Hoover, AL 35226. Registration and continental breakfast will begin at 7:00am on March 6. The program will begin at 8:00am and end at 4:00pm on both days.

Accommodations

A special conference rate of $149 (plus tax) for a single/double room has been arranged with the Renaissance Ross Bridge Golf Resort & Spa, 4000 Grand Avenue, Hoover, AL 35226. Please make your reservations directly with the hotel by calling (888) 236-2427. Mention "Alabama District Export Council" to receive the special conference rate.

Registration

The registration fee for "Complying with U.S. Export Controls" seminar is $450.00 per person. If you are attending both seminars "Complying with ITAR", Exports of Defense Articles and Services on March 8, 2012 the fee is $600.00. The fee includes continental breakfasts, coffee breaks, lunches and materials for both programs. Registration fee is nonrefundable after February 21, 2012. Substitutions may be made at any time. For information regarding registration, please call Joshua Powell by (205) 731-1331.

To guarantee placement for the BIS seminar: click here to register. Make your check payable to Alabama District Export Council c/o Nelda Segars - 950 22nd Street North, Suite 773, Birmingham, AL 35203.

Other Questions?

For more information or questions on the topics to be covered, please call BIS's Outreach and Educational Services Division at (202) 482-6031 or by email.

 

 

 

 


 

The Bureau of Industry and Security Outreach and Educational Services Division
Cosponsored by: Alabama District Export Council Presents
"Complying with ITAR"
"Export of Defense Articles and Services"
  
March 8, 2012
Renaissance Ross Bridge Golf Resort & Spa
Hoover, Alabama
  
Complying with ITAR

This full day program is designed for those who export (or temporarily import) defense articles, defense services, or technical data. The program is intended to enhance participants' understanding of the role of the DDTC in licensing exports (and temporary imports) of defense (munitions) articles and defense services covered by the United States Munitions List (USML). Specific topics to be covered will include an overview of DDTC; commodity jurisdiction; registration and eligibility; license preparation; license review process; agreements preparation; ITAR exemptions and a compliance overview.

 

About the Instructors

The instructors are export policy and licensing specialists from the State Department's Directorate of Defense Trade Controls in Washington, D.C. The instructors will be available throughout the seminar to answer your questions on how the ITAR regulations affect the export activities of your organization or client.

 

Location/time

The program will be held at the Renaissance Ross Bridge Golf Resort & Spa, 4000 Grand Avenue, Hoover, AL 35226. Registration and continental breakfast will begin at 7:00am on March 8. The program will begin at 8:00am and end at 4:00pm.

 

Accommodations

A special conference rate of $149 (plus tax) for a single/double room has been arranged with the Renaissance Ross Bridge Golf Resort & Spa, 4000 Grand Avenue, Hoover, AL 35226. Please make your reservations directly with the hotel by calling (888) 236-2427. Mention "Alabama District Export Council" to receive the special conference rate.

 

Registration

The registration fee for "Complying with ITAR" seminar is $199.00 per person. If you are attending both seminars "Complying with U.S. Export Controls" on March 6-7, 2012 the fee is $600.00. The fee includes continental breakfasts, coffee breaks, lunches and materials for both programs. Registration fee is nonrefundable after February 21, 2012. Substitutions may be made at any time. For information regarding registration, please call Joshua Powell by (205) 731-1331.

To guarantee placement for the BIS seminar: click here to register. Make your check payable to Alabama District Export Council c/o Nelda Segars - 950 22nd Street North, Suite 773, Birmingham, AL 35203.

 

Other Questions?

For more information or questions on the topics to be covered, please call BIS's Outreach and Educational Services Division at (202) 482-6031 or by email.


 

 


 

Alabama Launchpad Business Plan Competition entering mentoring phase - Call for Mentors

 

Final selection of mentors for the Alabama Launchpad Business Plan Competition will take place over the next week. 

 

Want to get involved? Mentors are volunteers chosen from a prospective pool and matched based on specific needs of each participating team.

 

Mentors volunteer to "give back" by sharing their experience and providing valuable insights and perspectives. They know the predictable pitfalls, have access to higher level resources and professional services, and in general have a more sophisticated perspective to offer the entrepreneur or founding team.

 

What is expected of the mentor?

Mentors read the latest version of the team's plan, and then to hold a face-to-face visit with the team to discuss their plan and offer guidance. Additional telephone calls, emails and face-to-face visits will be necessary as the team moves its plan along the track with continued involvement and guidance. Geography, your schedule and the team members' schedules should be considered. Teams face deadlines that are inflexible. The mentor's job is not managing, leading, delegating, or doing. Rather, it is that of advising, persuading, counseling, guiding, (and cheerleading!). 

 

Apply now!  If you are interested in this rewarding relationship, please send your CV and any applicible background information to Greg Sheek at gsheek@edpa.org.

 

For more information on the competition, visit 

http://www.alabamalaunchpad.com/business-plan-competition.html 

 

 

   




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