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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:
Second Expansion of Brown-Forman to Bring 200 Additional Jobs to North Alabama
Factory means 200 jobs
Economy on rise, governor tells South Baldwin Chamber
Kloeckner chooses Mobile for new steel processing facility
Huntsville-based Teledyne Brown Engineering to develop space-based digital imaging capability
Polyplex buys Georgia plant

Second Expansion of Brown-Forman to Bring 200 Additional Jobs to North Alabama

 

MONTGOMERY - Governor Robert Bentley on Thursday joined with officials from Brown-Forman Corporation and state and local economic development leaders in announcing that the company will begin its second significant expansion into Alabama in the last 12 months.

"I am appreciative of the new jobs that Brown-Forman continues to bring to Alabama. We are moving forward in our commitment to put Alabama back to work," Governor Bentley said. "We are glad that Alabama has the type of business climate and workforce that will keep companies in expansion mode."

Speaking from a business mission overseas, Alabama Department of Commerce Secretary Greg Canfield said he is proud that the agency played a role in bringing the company to Alabama and said that his project management team will continue to work with the company to help it stay successful here. He said Commerce Senior Project Manager Gary Faulkner worked with the company on the project.

Brown-Forman, the producer of Jack Daniel's Tennessee Whiskey, will open the new Jack Daniel Cooperage on a site in Lawrence County near Decatur to produce new oak barrels. The term "cooperage" refers to the art of barrel making.

The company is already set to open a new sawmill in Stevenson this month.

"With the continued long-term growth of the Jack Daniel's Family of brands, we are expanding to meet growing production demand," said Jill Jones, executive vice president and chief production officer for Brown-Forman.

When fully operational, the Jack Daniel Cooperage will employ approximately 200 people. Brown-Forman Corporation is the only spirits company in the world that produces its own new white oak barrels and currently operates a cooperage in Louisville, Kentucky.

 

more...

Governor's Press Office

 


 

 

 

Factory means 200 jobs

Maker of Jack Daniel's to produce whiskey barrels
By Nancy Glasscock and Mary Sell For the TimesDaily
 

More than $63 million in state and local incentives lured a whiskey-barrel manufacturing plant that promises to bring 200 jobs to Lawrence County.

 

But those jobs won't arrive soon.

 

Whiskey manufacturer Brown-Forman will build a plant to make white oak whiskey-aging barrels on 60 acres at the Mallard Fox West Industrial Complex off Alabama 20 near Decatur, officials said Thursday.

 

Brown-Forman makes brands including Jack Daniel's, Early Times and Canadian Mist.

 

The 60-acre industrial site was given to Brown-Forman by Lawrence County as part of the incentives package from the county industrial development board.

 

Brown-Forman will build a $55 million facility and plans to hire 110 to 135 full-time workers when production begins in May 2014, Brown-Forman spokesman Phil Lynch said. By 2019, it will employ 200, according to a summary of impact and incentive estimates provided by the state.

 

The report estimates the plant will create $123.5 million in direct and indirect payroll and at least $12 million in state and local tax revenue in 10 years.

 

Brown-Forman will begin work on the plant in January.

 

The incentives include a capital income-tax credit of 5 percent over 20 years that totals about $55.8 million.

Brown-Forman will use the state industrial training and recruiting program to hire its workers. That service, valued at about $1.2 million, was part of the state's incentive package.

 

"Lawrence County is an area that needs jobs," Gov. Robert Bentley said at a Montgomery news conference. "Of course, we need jobs all over the state."

 

The company will be the first tenant in the Mallard Fox West Industrial Complex, which the county has been aggressively marketing after installing utilities.

 

D.D. Martin, Lawrence County Industrial Development Board member, said the barrel-making plant is bringing a "phenomenal number" of new jobs to the area.


 

more...

Times Daily


 

Economy on rise, governor tells South Baldwin Chamber

Published: Friday, June 15, 2012, 7:17 AM
 
  

FOLEY, Alabama -- Some businesses and areas still face tough times, but employment and the economy are on the rise in Alabama, Gov. Robert Bentley told members of the South Baldwin Chamber of Commerce on Wednesday.

Bentley cited industries such as Goodrich Manufacturing in Foley as examples of Alabama companies that have grown.

"Goodrich has been here 29 years and we have had a lot of good companies in the state for a number of years, but it seemed to really begin to mushroom when we recruited Mercedes to Tuscaloosa," Bentley said.

During the lunch chamber meeting, Van Halfacre, manager of the Foley Goodrich plant, said the facility has grown from a small startup 29 years ago to two plants that employ more than 800 people. He said he expects a planned acquisition of Goodrich by United Technologies will create more jobs in Foley.

"While there is some concern about the world economy, all local plans are for stable continued growth," he said.

The Foley operation includes a plant that makes and repairs aircraft engine housings called nacelles, and a repair and maintenance division.

 

more...

Press Register


Kloeckner chooses Mobile for new steel processing facility
Published: Thursday, June 14, 2012, 6:50 PM Updated: Thursday, June 14, 2012, 7:04 PM
 
 

MOBILE, Alabama -- Metal distributor Kloeckner USA Holding said this evening that it will build a $17.8 million, 100,000-square-foot, light-gauge steel flat rolled processing center on the ThyssenKrupp complex in Calvert.

The project will create 32 jobs in Mobile County in the next three years, with 75 jobs total expected in the next 10 years. Workers should earn about $60,000 a year, benefits included, said Kloeckner Metals CFO Kirk Johnson.

Earlier today, the Mobile County Industrial Development Authority approved local tax abatements for the first phase of what could be a $35.8 million, six-year project at the site in north Mobile County.

At the time, the board was told that Mobile was competing with several other possible locations for the project, including Alpharetta, Ga., and Murfreesboro, Tenn.

The company made its formal announcement just after 6:30 p.m., apparently having concluded negotiation of a lease agreement with ThyssenKrupp that officials said it had required.


more...
 

Huntsville-based Teledyne Brown Engineering to develop space-based digital imaging capability
Published: Thursday, June 14, 2012, 1:39 PM Updated: Thursday, June 14, 2012, 1:50 PM
 
THOUSAND OAKS, Calif. -- Huntsville-based Teledyne Brown Engineering, a subsidiary of
was awarded a cooperative agreement by NASA to foster the commercial utilization of the International Space Station.

Under the agreement, Teledyne Brown will develop the Multi-User System for Earth Sensing (MUSES), an Earth imaging platform, as part of the company's new commercial space-based digital imaging business.

MUSES is designed to host earth-looking instruments, such as high-resolution digital cameras, and provide precision pointing and other accommodations. It can host up to four instruments simultaneously and offers the ability to change, upgrade and robotically service those instruments.

Teledyne expects to provide the first commercial imaging system on board the facility, according to a news release.

MUSES will help expand the research capability of the space station and provide other commercial companies with a cost-effective way to collect earth images.

Under the terms of the agreement, Teledyne will operate, maintain and sustain the MUSES and provide services to hosted instruments.

"This new venture combines our rich 50-year history in human space flight with Teledyne's world-class digital imaging expertise to access the growing space-based earth imaging market," said Robert Mehrabian, chairman, president and CEO of Teledyne Technologies, in the release.

 


Polyplex buys Georgia plant

 

Polyplex, which is building a polyester film plant in Decatur, announced today its plan to purchase the assets of Scholle's Vacumet Plastics Division in July.

Vacumet, based in Austell, Ga., makes flexibles, bag-in-box packaging, aseptic processing, filling technology and dispensing solutions.

The acquisition of Vacumet Plastics expands Polyplex's metallized product range to include all plastic substrates. Along with Polyplex's existing research and development efforts, Polyplex said in a statement, the acquisition will result in a broad range of products that the company can offer to its North American customer base.

The company also recently invested in two plants in Turkey.

India-based Polyplex's $187 million Decatur plant will employ 150.





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