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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.
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New business finds home in Vinemont: 25 new jobs expected at Robson Co.
Wed Aug 01, 2012, 11:50 AM CDT
By Ashley Graves, The Cullman Times
VINEMONT - A new business making its home in Vinemont is expected to create 25 jobs when it begins full operation within the next month.
The Robson Company, Inc., which makes plastic injection molders, will be located off U.S. Highway 31 South in the old Dynasty Boats facility.
"Some of the resources here was what I was looking for," said Chris Robson, president and engineering director of the company. "We look at this as an opportunity to grow. We feel we can fulfill a niche by the type of business we do, and at the same time be a resource to companies with the type of work we do."
Robson said it wasn't until the past few years that he began looking to move to Alabama.
"I worked in Alabama 21 years ago, and have always loved it here," Robson said. "About five years ago, I began to look at the resources and decided to come for a visit. When I visited Cullman, it felt at home, and I said to myself, 'This is it.'"
more...
[The Cullman Times] |
AMTEX will construct a new 145,000 sq/ft manufacturing plant in Jasper, AL
August 2, 2012
AMTEX, a tier one supplier for automotive parts to both Japanese and domestic OEM's, will establish a new facility in Jasper, AL. The current manufacturing plant located right off Industrial Parkway less than 2 miles from the I-22 Corridor in Jasper, AL.
AMTEX is a subsidiary of HAYASHI TELEMPU (headquarters located in Nagoya, Japan) which is a privately held company operating in 6 countries with an annual revenue of $2.2 billion and over 1,500 employees. AMTEX currently has 5 North American facilities and manufactures carpet and interior trim components for the automotive industry.
AMTEX first located in Jasper in 2011, leading the Spec 4 building from the Jasper Industrial Development Board. Amtex invested $8 million in the current facility and has 58 employees.
AMTEX has purchased 60 acres in the Bevill Industrial Park to construct a new larger manufacturing plant. Phase one of the expansion will include a new 145,000 square foot facility which will be 3 times the size of the current building. The new plant should be complete by March 2013.
Capital investment in the new facility is expected to be $27 million and AMTEX plans to hire an additional 110 employees as a result of this expansion. Payroll at full employment is expected to be $4 million per year.
AMTEX has been functioning as the core of HAYASHI TELEMPU Group's North America business. Starting September 1, 2012, AMTEX will officially change its name to HAYASHI TELEMPU NORTH AMERICA CORPORATION (HTNA).
Media contact:
Kazuo Moriya
Administration/Production Specialist
AMTEX
205-221-1444
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Austal notes LCS test milestone
Published: Thursday, August 02, 2012, 11:26 AM Updated: Thursday, August 02, 2012, 11:39 AM
By Ellen Mitchell, Press-Register
MOBILE, Alabama -- Austal USA said Thursday that it completed the combat systems light off test for LCS 4, Coronado.
Austal said the milestone signifies that the second littoral combat ship's computer, weapon and sensor systems are operational and ready for the formal combat systems test and certification process cycle.
"I am encouraged to see how smoothly things are moving along on the path to sea trials for this vessel," Austal CFO and new Interim President Brian Leathers said in a statement. "Austal is proud to be a member of the General Dynamics LCS team and we look forward to celebrating the future successes of this shipbuilding program."
Austal and General Dynamics teamed to produce two LCS for the Navy.
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[Press Register]
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Dr. Eddie Reed named clinical director for National Institute on Minority Health and Health Disparities
Published: Thursday, August 02, 2012, 11:51 AM Updated: Thursday, August 02, 2012, 2:55 PM
By Casandra Andrews, Press-Register
MOBILE, Alabama --Dr. Eddie Reed, who developed the cancer-fighting drug Taxol, is leaving his post as an oncologist and scientific researcher in Mobile for a job with a newly formed National Institutes of Health agency in Maryland, his colleagues said this week.
Reed, who has worked at the University of South Alabama Mitchell Cancer Institute for four years, was recently named clinical director of the National Institute on Minority Health and Health Disparities, an agency created through President Obama's Affordable Care Act.
"In this pivotal role, Dr. Reed will be strategically placed to have major impact on federal programs that will shape our national healthcare systems for the foreseeable future," said Dr. Mike Boyd, who leads the USA Mitchell Cancer Institute.
"It is particularly comforting to know that a person of Eddie's piercing intellect, impeccable character and quiet wisdom will be so critically positioned" as the implementation of the act continues, Boyd said.
more...
[Press Register]
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AU program named for Alabama Power, Southern Nuclear
Published: August 03, 2012
Opelika-Auburn News
Auburn University has named the Samuel Ginn College of Engineering's nuclear power generation systems program in recognition of support from the Alabama Power Foundation and Southern Nuclear. The program, added last year to teach the next generation of plant engineers for the nuclear power generation industry, has been named the Alabama Power Nuclear Power Generation Systems program.
The program's 17-hour minor curriculum offers students a hands-on opportunity to understand the industry's licensing, engineering and basic construction requirements, processes and techniques. Power plant models, nuclear power integration into the national electrical grid and common reactor plant operations are also featured in five multidisciplinary courses that provide an overview of nuclear power generation system capabilities.
"The Alabama Power Nuclear Power Generation Systems program provides engineering students with skills and training for careers in the commercial nuclear power generation industry," said Bill Goodwin, the program's director. "A minor in nuclear power generation systems is unique. The demand for all engineering disciplines is high and will continue as nuclear power plant licensing in the United States ramps up."
more...
[Opelika-Auburn News]
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Sam Grimes
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