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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:
Rebranding Alabama: State readies new campaign for business recruiting
Alabama State Port Authority approves $11.5 million for Intermodal Container Transfer Facility bridge
Local auto parts plant increasing production ISE Innomotive Systems will add about 25 employees
M-Tek welcomed to Talladega
Florida-based logistics firm expands into Birmingham, bringing 25 jobs
Deshazo to hire 50 after opening second plant
Airbus victory earns Mobile honorable mention among Business Facilities' top 2012 deals
Outokumpu shows off facilities, seeks 25 percent of US stainless steel sales by 2015

 


 

 

Rebranding Alabama: State readies new campaign for business recruiting. How would you do it?
By Dawn Kent | dkent@al.com 
on January 24, 2013 

MONTGOMERY, Alabama -- Alabama is preparing to launch a campaign aimed at boosting its business recruiting efforts, an initiative that will feature new logos, ads in international periodicals and a heavy social media presence.

Greg Canfield, secretary of the Alabama Department of Commerce, didn't divulge many details about the upcoming rebranding during a speech this week at the Economic Development Association of Alabama's Winter Conference in Montgomery.

 

But he gave a few hints.

 

The campaign will feature Alabama-made goods and all industry sectors, as well as the quality of life "intangibles" that are sometimes just as important as business factors when it comes to landing new jobs and investment.

 

 more...

 

[al.com]

 


 

 

Alabama State Port Authority approves $11.5 million for Intermodal Container Transfer Facility bridge
By Ellen Mitchell | emitchell@al.com 
on January 24, 2013 

MOBILE, Alabama -- The Alabama State Port Authority this week approved a $11.5 million project that will bring the Garrows Bend Intermodal Container Transfer Facility closer to reality.  

 

The authority's board of directors authorized $11.5 million for the construction, inspection and testing of a rail access bridge that would connect the Port of Mobile and its proposed Intermodal Container Transfer Facility to five railways. When finished, the bridge would directly connect containerized imports and exports from the Port of Mobile to major railroad lines across the United States.  

 

Port Authority Chief Executive Jimmy Lyons said the authority has finished engineering details for the bridge and hopes to release a bid for it in the next 60 days. He said construction of the bridge would most likely start in late spring and be finished in the second half of 2014.

 

"The bridge is essential to constructing the Intermodal Container Transfer Facility which is is critical to servicing our regional market shippers," Lyons said. "It's a very significant milestone to have this approved."


more...

 

 

 

 


 

 

Local auto parts plant increasing production ISE Innomotive Systems will add about 25 employees
By Patrick Rupinski
Business Editor
Published: Friday, January 25, 2013 

TUSCALOOSA | As Mercedes-Benz gears up to begin production of its first American-made C-Class sedans later this year in Vance, area automotive suppliers are beefing up their production of parts that will go into the new line of vehicles.

 

The latest to do so is ISE Inno-motive Systems U.S. Inc. It is adding new equipment at its plant at Tuscaloosa Airport Industrial Park at a cost of $5,782,000.

 

The new equipment will increase production and employment at ISE, which will add about 25 employees to its operations next year, said Dana B. Vails, the plant's chief financial officer, controller and IT manager.

 

more...

 

[Tuscaloosa News]

 

 


  

 


 

 

M-Tek welcomed to Talladega
By Chris Norwood
Jan 25, 2013 

Talladega's newest industry made its public debut Thursday morning at M-Tek in the Coosa Valley Industrial Park.

The company, which makes interior trim pieces for Honda, currently employs 54 people, but that number is expected to increase to 128 by the end of the year. The company employs a total of 3,200 associates in five plants nationwide. The company reported earnings in excess of $700 million last year.

Alabama is the only state where the company has two plants, with the other being Prattville.

After a ceremonial ribbon cutting, M-Tek general manager for human resources Howard Tucker welcomed all of the dignitaries and gave an introduction to the company. They have had operations in the U.S. since 1986, he explained.

"I'd like to thank everyone for playing the many roles, individually and collectively, that helped make this a reality," he said before introducing M-Tek Inc. president and CEO Masaki Susigawa.

 

 more...

 

[Daily Home]

  

 


 

 

Florida-based logistics firm expands into Birmingham, bringing 25 jobs
By Dawn Kent | dkent@al.com 
on January 25, 2013

 A Lakeland, Fla.-based logistics company is expanding into Birmingham, a move that is bringing 25 jobs to the area.

Saddle Creek Logistics Services will move into BN Park, a distribution center owned and managed by Birmingham's Graham & Co. The company will use 225,000 square feet and be fully operational by Feb. 1.

 

The move was prompted by one of Saddle Creek's existing customers and an opportunity to cut down on transportation costs for that company, which was not identified.

 

more...

 

[al.com]

 

 

 

 

 

 

 

 

  

 


 

 

Deshazo to hire 50 after opening second plant
Ryan Poe/Reporter-Birmingham Business Journal
Jan 25, 2013
 

Deshazo Crane Co. LLC plans to open a second plant in metro Birmingham in April, creating 50 jobs by the end of 2013.

 

The Alabaster-based company, which is a subsidiary of Mitchell Industries Inc., bought the 80,937-square-foot, crane-served facility at 200 Kilsby Circle in Bessemer on Jan. 11 for $2.1 million, said Chief Financial Officer Tray Ivey.

 

Deshazo is already moving into the building, which is being renovated to add more than 9,000 square feet of office space, Ivey said.

 

more...

 

[Birmingham Business Journal]

 

 

 

 

 

 

 

  

 


 

 

Airbus victory earns Mobile honorable mention among Business Facilities' top 2012 deals
By Kelli Dugan | kdugan@al.com 
on January 24, 2013 
  

MOBILE, Alabama -- The Mobile Area Chamber of Commerce's efforts in securing the construction of a $600 million final aircraft assembly plant at Brookley Aeroplex has been named one of four honorable mentions in Business Facilities' 2012 Economic Development Deal of the Year competition.

 

"Mobile's selection as the only site in the Western Hemisphere assembling aircraft for Airbus cements Alabama's status as an up-and-coming aerospace manufacturing giant," said BusinessFacilities Editor in Chief Jack Rogers.

 

The Brookley facility, expected to eventually employ at least 1,000 people, will be dedicated solely to production of the popular A320 family aircraft. The facility, slated to deliver its first planes in 2016, is already being heralded by company officials as the future "epicenter of commercial activity" for Airbus' North American operations.

 

more...

 

[al.com]

 

 

 
 

  

 


 

 

Outokumpu shows off facilities, seeks 25 percent of US stainless steel sales by 2015
By Ellen Mitchell | emitchell@al.com 
on January 24, 2013 

CALVERT, Alabama -- Outokumpu Stainless USA, the former site of ThyssenKrupp Stainless USA in Calvert, is looking to snag a quarter of the U.S. stainless steel market in the next two years, the company said today at a press event.

Outokumpu Stainless CEO Mick Wallis said the company currently controls about 14 percent of the market, but hopes to gain big when stainless steel demand picks up in the next two to three years and Outokumpu ramps up production.

 

The facility, which is currently running at about 35-40 percent capacity, will reach full potential by 2015, said David Scheid, vice president of human resources for Outokumpu Stainless.

 

"It will take the rest of 2013 to ramp up the melt shop, and we need the time for hiring and training new employees," he said. "We also still need to install equipment in the cold rolling finishing area."

 

more...

 

[al.com]

 

 

 

 

 

  




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