EDPA NewsFlash


home       about edpa        relocation     resources for     resources for     entrepreneurship &
                                          assistance     companies        communities            technology    




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:
Alabama-made Mercedes GL-Class lands on cover of auto design magazine
Voters to settle General Fund budget issue today
2012 Innovation and Entrepreneurship Conference


Alabama-made Mercedes GL-Class lands on cover of auto design magazine

Published: Tuesday, September 18, 2012, 7:00 AM

By Dawn Kent -- The Birmingham News 


The redesigned, 2013 Mercedes-Benz GL-Class SUV, which is produced at the German automaker's Alabama factory, is featured on the cover of the September issue of Automotive Design and Production magazine.

Mercedes unveiled the new GL-Class in June and recently began shipping it to dealers for its sales launch.

The cover story on the GL examines the new features of the full-sized luxury SUV, which starts at around $62,000. 

The magazine also notes a little history of the Tuscaloosa County factory, which currently produces the M-Class SUV and the R-Class crossover alongside the GL:

Mercedes invested in excess of $2-billion in the plant to prepare for the production of the 2012 M-Class, the 2013 GL, and the C-Class. At the time of the 2012 M-Class launch in July 2011, Dr. Dieter Zetsche, chairman of the Daimler Board of Management and head of Mercedes-Benz Cars, said, "We're continuing to write new chapters of the plant's success story with significant investments into the future. Tuscaloosa was the first production location of Mercedes-Benz Cars ever outside Germany, and today it is among our best. As our 'pioneering plant,' it is also the blueprint for our new operations in emerging markets."

The plant will add production of the C-Class sedan in 2014 and another, unnamed model in 2015.






Voters to settle General Fund budget issue today

12:19 AM, Sep. 18, 2012

By Brian Lyman


Voters will head to the polls today to decide whether to approve a three-year, $437 million transfer of funds from the Alabama Trust Fund to the General Fund, which pays for most noneducation services in the state.

Supporters of the amendment say passage is essential. They say a rejection of the proposal could lead to layoffs of state employees and major cuts to the Alabama Medicaid Agency and the Alabama Department of Corrections, which could mean fewer health services and more inmates released. Medicaid and Corrections make up 57 percent of the state's General Fund budget.

But amendment opponents call the assertions "scare tactics," and say that the amendment would allow lawmakers to delay difficult decisions on taxes and spending in the General Fund budget, which has seen Medicaid and Corrections expenditures grow as revenue has remained flat.

Opponents also have criticized the amendment's lack of a provision to pay back the money to the $2.4 billion Trust Fund. But Sen. Bryan Taylor, R-Prattville, has pre-filed a bill for the 2013 Regular Session that would require the state to pay back any money borrowed out of the Alabama Trust Fund.

Polls will be open from 7 a.m. to 7 p.m. The Alabama Secretary of State's office is predicting a voter turnout of 20 to 21 percent, but said it could be as low as 10 percent. To find your polling place, go online to www.alabamavotes.gov.




[Montgomery Advertiser



2012 Innovation Conference  



Website: www.innovatealabama.com

Place: Wynfrey Hotel, Birmingham, Ala.


$250.00 - Full Conference for October 2 & 3:  

$75.00  - Oct. 2 Dinner Event Only   

$175.00 - Oct. 3 Full Conference Day Only


Click For: 




Please feel free to forward along to someone who can use it by clicking on the "I'd like to forward this to a contact" link below the green bar. Note also, that you can now make changes to your e-mail address and contact information through the link at the bottom.    
If you have news or suggestions, please forward them along to me.
Enjoy the day, 

Sam Grimes
Join Our Mailing List