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.
Nearly 135 jobs coming to Florence
By Bernie Delinski and Mike Goens
Of the TimesDaily
FLORENCE - A company with Japanese roots and clients worldwide is expected to announce today plans to open a manufacturing operation in the Shoals, officials said.
TASUS Corp. officials were in the Shoals on Monday in preparation for the announcement, which will be in the Florence-Lauderdale Industrial Park.
TASUS' parent company is Tsuchiya Co. Ltd., in Nagoya, Japan. It produces plastic automotive parts and has clients that include most major North American automobile manufacturers. North American Lighting is among those clients.
North American has been operating in Muscle Shoals since 2005. It has about 350 workers, with plans to expand to about 600 by 2014.
Gov. Robert Bentley's office confirmed TASUS will have about 135 jobs at the Florence plant and will make a $19.1 million investment. The project is expected to include construction of a new plant.
Airbus sees 20-yr demand for 1,000 aircraft in Germany
PARIS, Sept 11 | Tue Sep 11, 2012 2:51am EDT
Airbus sees demand from Germany for more than 1,000 new passenger aircraft and freighters over the next two decades, worth $148 billion, as German air travel is growing, the planemaker said on the opening day of the ILA Berlin Air Show on Tuesday.
The figures were part of the planemaker's global market forecast which also predicted average annual traffic growth of 4.1 percent for Europe in the period while routes to the Middle East should rise 5.4 percent and Asia-Pacific, Africa and Latin America together could grow 4.6 percent.
For Germany, new passenger and freight aircraft will include 690 single-aisle jetliners, more than 230 twin-aisle medium to long-range wide-body planes and close to 100 very large airliners such as the A380, Airbus said in a statement.
"German airlines will take more aircraft than any other European country and globally is one the top five countries," said Chris Emerson, SVP Future Programmes and Market Strategy. "This demand is driven by Germany's position as a major aviation gateway for its own people and for globally connecting passengers."
Alabama Public Service Commission considers extending special electric rate
6:20 AM, Sep. 11, 2012
MONTGOMERY - The Alabama Public Service Commission is meeting to consider extending special electric rates it approved last year to help stimulate Alabama's economy.
The meeting is Tuesday in Montgomery to consider the rates offered through Alabama Power Co.
One of the special rates provides a one-year rate discount for a business that opens in a building that has been vacant for at least six months. The incentive applies to a new business or to a business that opens an additional location. The discount amounts to 10.5 percent to 12.5 percent of the total bill, depending on the type of business and the total usage.
The discount had been used by 46 businesses through the end of July. It will expire at the end of the year unless the PSC extends it.
Birmingham area's employment outlook solid
Published: Tuesday, September 11, 2012, 5:45 AM
By Roy L. Williams -- The Birmingham News
The Birmingham-Hoover job market could prove to be one of the strongest in the nation in the last three months of the year, with employers expected to hire at faster pace than the national average, according to a survey by the Manpower Inc. staffing firm.
Between October and December, 21 percent of Birmingham area companies interviewed for Manpower's employment outlook survey indicated they plan to hire employees, while only 5 percent plan to reduce their workforce. About 70 percent plan to maintain staff levels, while 4 percent are unsure. That led to what Manpower considers a net employment outlook of 16 percent in the Birmingham-Hoover metro.
The net employment outlook is the percentage of companies anticipating an increase in hiring minus the percentage expecting staff cutbacks.
The Birmingham area's fourth-quarter outlook is better than the previous quarter, when 17 percent of employers planned to add staff and 5 percent expected to reduce workforce. A year ago, Manpower found that 20 percent of area companies planned to add jobs and 11 percent expected cutbacks.
"As we look to the final months of the year, employment prospects are trending stronger compared to the third quarter," said Chad Brewer, a spokesman for the Manpower staffing firm in Birmingham. "Hiring plans are also more optimistic compared to one year ago."
[The Birmingham News]
313 acres near Airbus property, Brookely Aeroplex up for auction
Published: Monday, September 10, 2012, 3:40 PM
By Kelli Dugan, Press-Register
MOBILE, Alabama -- Suppliers and contractors anxious to stake their claim to Airbus' recently announced Mobile operations might find a way before September's end to wedge their feet in the planemaker's newest front door.
Local contractor Jerry Lathan has partnered with the National Auction Group to unload 313 acres of prime real estate near the planned $600 million Airbus plant at Brookley Aeroplex, the European company's first assembly plant on U.S. soil.
"I thought about developing it myself, but frankly, I have enough other opportunities, and I need to put that capital to work somewhere else," said Lathan, who owns Mobile-based Lathan Co. and will soon launch a new venture in New Orleans.
With 19 available tracts ranging from 5.7 acres to 78 acres, the property fronts Kooiman Road, Todd Acres Drive, Dog River and Rabbit Creek and sits only slightly more than one mile from Interstate-10 and U.S. Highway 90 in Theodore. Lathan will retain 110 adjacent acres.
Calling the site a "rare opportunity to acquire substantial acreage" near Airbus, the National Auction Group's website lauds Lathan's property for its "unlimited potential for industrial, commercial and residential endeavors."
Decatur rocket scheduled for Thursday launch
By Eric Fleischauer
After several delays related to range problems at Vandenberg Air Force Base, Calif., a Decatur-built Atlas V rocket is slated for lift off Thursday.
The United Launch Alliance mission for the National Reconnaissance Office, called NROL-36, will be the fourth and final planned launch for the reconnaissance office in 2012 and the eighth of 11 planned launches for United Launch Alliance in 2012.
In addition to a classified mission, NROL-36 will deliver 11 smaller auxiliary payloads or "cubesats" to space.
The cubesats were developed under the sponsorship of the NRO and NASA by the Space and Missile Command, the Aerospace Corporation, University of Southern California, University of Colorado, Cal Poly, Morehead State University, University of California-Berkley and the Lawrence Livermore National Lab.
The cubesat missions will study space weather and communication, space environment, debris mitigation, maritime shipping container tracking and spaceflight safety and orbit refinement.
A live simulcast of the launch broadcast will begin at 4:19 p.m. CDT on Thursday at www.ulalaunch.com.
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