Railroad boom could help Barton Industrial
By Bernie Delinski
The nearly mile-long railcar plant at Barton Riverfront Industrial Park has experienced bad timing during its young life.
The company that built the plant in 2007 later walked away because of low demand for railcars. The truck manufacturer that later leased it has kept production in Barton in a holding pattern while awaiting an increase in demand from clients.
Now, with an expected increase in the railcar business coming, it appears timing is on the firm's side.
FreightCar America and Navistar Corp. announced this week they both will operate out of the Colbert County plant and form a partnership that will produce railcars.
Earlier this month, the Association of American Railroads announced the nation's major freight railroads plan to invest $24.5 billion into America's rail network.
Survey says: Birmingham entrepreneurs are growing
By Stan Diel | firstname.lastname@example.org
on February 21, 2013
BIRMINGHAM, Alabama - Entrepreneurship is alive and well in Birmingham, according to a survey of businesses.
The Birmingham chapter of the Entrepreneurs Organization, with 28 member companies in 19 industries, found that trends among its members mirror worldwide trends. The survey found:
--56 percent of both Birmingham and global members of the organization increased the size of their payrolls in 2012.
--61 percent of Birmingham companies, and 59 percent internationally, saw increased net profits.
Education and health care, not manufacturing, have grown Alabama's economy since 2000
By Alex Walsh | email@example.com
on February 20, 2013
At the end of 2012, Alabama's economy supported 1,878,100 jobs. That's according to the Department of Labor's most recent estimate, which is preliminary, and includes seasonal adjustments.
That number essentially puts the state back to where it was in July 2002 in terms of total jobs. If you go back a bit further, to January 2000, Alabama is down about 48,100 jobs, or 2.5 percent of total employment at that point.
But the state would be even worse off without the growth it has seen in education and health care.
Mobile County career academies are changing the community, business leaders say
By Rena Havner Philips | firstname.lastname@example.org
on February 20, 2013
B.C. Rain High Principal Marlon Firle teaches a student how to tie a tie in this file photo. B.C. Rain, with its aviation/aerospace academy, is one of four high schools with new academies.
MOBILE, Alabama -- Students enrolled in Mobile County's four new career academies are coming to school more excited; they're challenging themselves with harder courses and they're learning people skills as well as job skills.
That's part of the message that the principals of the four high schools housing those academies delivered during the annual Education Summit held today at the University of South Alabama.
This school year, Mobile County established four new academies, designed to keep students interested in school and focusing on the future.
Mobile's White-Spunner Construction Inc. reorganizes leadership to optimize productivity
By Kelli Dugan | email@example.com
on February 20, 2013
MOBILE, Alabama - White-Spunner Construction Inc. recently announced a reorganization of the firm's leadership intended to increase efficiency and improve client services.
Per the realignment, John White-Spunner has re-assumed the role of president while continuing to serve as chief executive officer. Meanwhile, Jeff Carrico has been promoted to chief operating officer; Allan Gustin has been promoted to vice president of pre-construction and estimating; and Wayne Mostellar has been promoted to vice president of construction.
"As a company, we are leaner and more efficient than ever. We have been blessed with great customers, partners and employees. I am very encouraged about 2013 and it looks very solid for us," John White-Spunner said.
By Lindsay Slater | Southern Newspapers |
Wednesday, February 20, 2013
With a slow economy, it can be a challenge for DeKalb County Economic Development Agency Director Jimmy Durham in his efforts to recruit new industry to the area.
He said since the first of the year, things have been "tremendously slow."
"Many companies have decided to build off shore, rather than building in the United States," Durham said. "Other than that, we've had some requests for information, but no solid leads, as I call them."
He said in the DeKalb County area, a new company, Process Metals, opened in Ider, but other than that, it's more been expansion of existing companies, such as RTI, Heil, GH Metal Solutions, Siemens and Jet Polymer.
[Sand Mountain Reporter]
Elwood Staffing and SOS Employment Group Combine Forces to Create National Staffing Powerhouse
(Columbus, Ind.) Elwood Staffing and SOS Employment Group today announced the joining together of their companies, creating an entity that rivals some of the staffing industry's largest players. With combined annual revenue of more than $750,000,000, the company will now rank in the top 10 of all U.S. commercial staffing companies, the top 20 of all U.S. staffing companies, and just outside the top 50 of all global staffing companies.
Elwood Staffing, headquartered in Columbus, Indiana, and SOS Employment Group, headquartered in Salt Lake City, Utah, closed a transaction allowing Elwood Staffing to purchase SOS Staffing Services, Inc., d/b/a SOS Employment Group. SOS will be a wholly-owned subsidiary of Elwood Staffing, but operate more like a sister company giving the combined entity a significantly expanded national footprint and service delivery capability unrivaled by most. The U.S. staffing industry is highly fragmented and is comprised of thousands of staffing agencies. In terms of size, this transaction will put the combined company in the top 1% of all staffing companies in the world.
This combination brings together two of the nation's leading, privately-held employment services providers, blending talents and resources in the areas of traditional staffing, skilled trades staffing, professional/executive search and outplacement services.
This was considered a natural next step for the two businesses that share aggressive growth goals, values and a strong focus on relationships. Elwood Staffing CEO, Mark Elwood, will lead the combined entity. "This transaction combines the service capabilities, technologies, geographic reach and best practices of two successful companies. We are excited about what we know we can accomplish together," says Elwood. Further, Elwood notes, "Infusing newly created corporate muscle and sophistication into our well-established cultures of entrepreneurship and innovation will make for a unique and very competitive staffing company business model. Our customers, temporary associates and staff members will all benefit."
With the completion of the transaction, the combined company's internal staff will total nearly 1,000 employees and serve more than 6,000 clients. Additionally, the company will employ 27,000 temporary associates daily. The geographic presence will expand to 170+ offices, plus an additional 50+ vendor-on-premise locations, operating in 33 states and extending into Canada. With virtually no geographic overlap between the two firms, existing sales and service staff are expected to remain intact.
The combined company's vision is one of growth, making the executive teams at both SOS and Elwood necessary to execute critical business strategies. "Our strength is our people," comments Kevin Hardy, SVP of SOS Employment Group. "We believe we have found the perfect partner in Elwood."
"We're excited about the future and the benefits this union brings for employers, job seekers and communities nationwide," added Elwood. "We designed and launched a robust integration team two months ago comprised of some of the best
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