EDPA NewsFlash

 

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

 

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:
Huntsville wins $1.9 million grant as one of 7 national 'innovation clusters'
Birmingham is top 10 for job seekers; workers are happy, and openings are high
Tax breaks to aid BASF project at Evonik in Theodore
First Acura to be built in Alabama will debut next week in Detroit
The New Montgomery: Elmore County celebrates business gains
Alabama Power wins award for work following Sandy, June windstorms

 


 

Huntsville wins $1.9 million grant as one of 7 national 'innovation clusters'
By Lee Roop | lroop@al.com 
on January 10, 2013

 

HUNTSVILLE, Alabama - A Huntsville organization created to help small businesses get regional and national technology contracts has won a federal grant totaling nearly $2 million to continue and expand its work as one of seven Regional Innovation Clusters across the United States. The other winners included San Diego, Cleveland, Minneapolis, Hartford, Bay St. Louis and Chicago.

 

The non-profit Von Braun Center for Science & Innovation is the lead organization of what is called the regional Advanced Defense Technology Cluster. The Von Braun Center will receive the grant funds from the federal Small Business Administration in increments of $385,000 a year for the next five years.

 

The local effort won a similar award two years ago and used the funds to establish the Chamber Technology Committee at the Chamber of Commerce of Huntsville/Madison County and to support Mayor Tommy Battle's regional initiatives called Cyber Huntsville, Energy Huntsville and GEO Huntsville.


more...

 

[al.com]

 


 


 

Birmingham is top 10 for job seekers; workers are happy, and openings are high
By Alex Walsh | awalsh@al.com 
on January 10, 2013

BIRMINGHAM, Alabama -- Birmingham is the seventh-best place to find a job in the U.S., according to a new study conducted by CareerBliss. 

Los Angeles tops the list, followed by Tuscon, Ariz.; Dayton, Ohio; Virginia Beach, Va.; Richmond, Va.; and St. Louis. After Birmingham come Houston, Indianapolis, and Dallas.


Boulder, Colo., is the worst place to find a job, CareerBliss says, followed by Milwaukee and Buffalo. 

The rankings are based on three factors: the happiness of the people that currently work in that city; the trend in that city's unemployment rate; and the number of jobs available as tracked by CareerBliss' listings service.

Birmingham posted "really, really strong" scores in worker happiness, says Alia Henson, director of communications for CareerBliss. Job availability is also trending positively -- that is, employers are seeking to fill additional positions in the near term. 


 

 


 


 

Tax breaks to aid BASF project at Evonik in Theodore
By Ellen Mitchell | emitchell@al.com 

on January 10, 2013 

 

THEODORE, Alabama -- The Mobile County Industrial Development Authority today approved tax abatements for a proposed $50 million chemical plant to be located within the Evonik Industries AG facility in Theodore.

 

Chemical maker BASF Corp. said it will build the plant on three acres of land within the Evonik complex on Degussa Road, pending a lease agreement between the two companies.

 

The project will create 22 jobs in Mobile County and workers should earn just over $60,000 a year, benefits included, said BASF Project Manager McKay Bahr. The new jobs would be in operations, maintenance and supervising.

 

The authority unanimously approved about $2.4 million in non-educational property tax abatements over the next 10 years and about $2.08 million in sales tax abatements in the first year for the Florham Park, N.J.-based company.

 

 more...

[al.com]

 

 

 


 


 

First Acura to be built in Alabama will debut next week in Detroit (photos, video)
By Dawn Kent | dkent@al.com 
on January 11, 2013 

LINCOLN, Alabama -- The latest model to join Alabama's auto assembly lines will be in the Motown spotlight next week.

The redesigned Acura MDX SUV will be unveiled Tuesday as a prototype at the North American International Auto Show in Detroit, with mass production to start later this year at Honda's auto assembly plant in Talladega County.

 

Acura is Honda's luxury vehicle division and this marks the brand's first model built in Alabama, a key milestone for the 4,000-worker factory in Lincoln.

 

There's also a lot riding on the move for Acura, since the MDX is its top seller in the U.S., representing about a third of its overall sales.

 

more...

 

[al.com]

 



 

 

 

 


 

The New Montgomery: Elmore County celebrates business gains
Written by Brad Harper
Jan. 11, 2013

It was a gloomy Thursday morning at the Wetumpka Civic Center, but state and county officials were in the mood to celebrate.

 

"Every time we do one of these, the (BCS) national championship comes home to Alabama," state Rep. Barry Mask, R-Wetumpka, said in kicking off the fourth year of an Elmore County business unity event. "So we're going to keep on doing it, for sure."

 

Mask and others at the gathering honored businesses that combined to invest $39 million in the county over the past four years while creating a total of 460 new jobs. The presentation was part of the county economic development authority's first Industry Awards.

 

State Commerce Secretary Greg Canfield, who presented the awards, said those companies' investments demonstrate how different groups and organizations in Alabama are working together to succeed in job creation the same way its teams do on the football field.

 

"That's what sets the state of Alabama apart from all the other states," Canfield said. "We do it together, because we do it as a team. The other 49 states do a great job, but in Alabama we do it better. After all, we're a state that likes to win."

 


more...

 

 

 

 


 

Alabama Power wins award for work following Sandy, June windstorms
By Stan Diel | sdiel@al.com 
on January 10, 2013 

BIRMINGHAM, Alabama --Alabama Power Co. has won Edison Electric Institute's2012 Emergency Assistance Award for its work helping to restore power after storms including Hurricane Sandy, which left hundreds of thousands without electricity in the Northeast.

 

The award is presented to recognize "extraordinary efforts undertaken in restoring power to another utility company's customers," Edison Electric said in a prepared statement.

 

Alabama Power was honored for its work following Sandy and following windstorms in the Midwest and Middle Atlantic in June. Crews from Alabama so impressed the residents of Fair Haven, N.J., they were declared the community's "knights in shining armor" by the borough council. 

 

more...

 

[al.com]


 

 

 

 

 

 

 

 




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, 

Val Walton
   
Join Our Mailing List