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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: New campaign for business recruiting to launch March 19
Chamber confirms major economic development announcement Friday
How Some Locations are Making Their Business Case for Incentives
Strengthening the workforce...New measures for career technical programs mean more option
Officials unveil modernized Birmingham-Shuttlesworth International Airport terminal
House, Senate committees approve bills to limit lawsuits against Airbus
Mobile City Council approves renovation costs for Airbus construction team building, incubator
Balch & Bingham law firm lands $4.7 million verdict

 


 

 

Rebranding Alabama: New campaign for business recruiting to launch March 19
By Dawn Kent | dkent@al.com 
on February 27, 2013 

 MONTGOMERY. Alabama -- A rebranding campaign aimed at polishing Alabama's image in the world of international business recruiting also will help tell the state's story to its own residents.

Greg Canfield, secretary of the Alabama Department of Commerce, revealed more details about the campaign,scheduled to launch March 19, during a Tuesday speech to the Birmingham Business Alliance and in a subsequent interview.

 

The campaign will have three target audiences, he said, including company executives, site selection consultants and Alabamians themselves.

 

"Alabamians are the worst about talking the worst about themselves as a state," Canfield said.

 

 

more...

 

[al.com]

 

 

 

 

 

 

 

 

 

 


 

 

 


 

 

 

 

 

 

 

 


 

 

 

Chamber confirms major economic development announcement Friday

Posted on February 26, 2013

by Lance Griffin

 

The Dothan Area Chamber of Commerce confirmed Tuesday morning a major economic develop announcement will take place Friday at the Dothan Civic Center.

 

Alabama Gov. Robert Bentley will join several others for the announcement Friday, March 1 at 10:30 a.m.

The Dothan Eagle first reported news of the announcement on its web site Monday evening.

 

Details of the announcement have not been released, but the news is expected to deal with a new employer for the Dothan area at the Dothan Regional Airport.

 

more...

 

[Dothan Eagle]

 

 

 

 

 

 

 

 

 

 


 

 

 


 

 

 

 

 

 

 

 


 

 

 

How Some Locations are Making Their Business Case for Incentives
David J. Robinson, The Montrose Group, LLC (Q1 / Winter 2013)

Eighty billion dollars - that is the amount local and state governments spent in a year on economic development incentives, according to recent reports. These incentives are public subsidies used to create wealth through retaining and attracting companies and jobs. In challenging fiscal times, some are asking whether an $80 billion public subsidy for business is justified.

The answer is yes - economic development incentives are part of a successful strategy to retain and attract companies in the United States, constitute only a small portion of the U.S. economy and local and state budgets, and - most importantly - can be both a successful offensive and defensive approach to address cost-of-doing-business issues and reshape and diversify regional and state economies. 

Economic development incentives are part of - not the whole - regional and state jobs strategy. Company retention and attraction campaigns identify optimal sites that are zoned and ready for development with infrastructure in place in a region with an available work force and good quality housing, healthcare, and other amenities.

 More sophisticated communities will work to address cost-of-doing-business issues and determine which of their own growing industries should become a public priority to further diversify their economies. Winning local and state economic strategies involve more work than throwing tax breaks at a company. 

 

[Area Development]

 

 

 

 

 

 

 

 

 


 

 

 


 

 

 

 

 

 

 

 


 


Strengthening the workforce
New measures for career technical programs mean more options
By Lisa Singleton-Rickman
The TimesDaily
2/27/13

Changes are coming for career technical programs around the state, and local leaders say the new accountability measures will mean students are better prepared for the workforce.

 

The measures are part of state Superintendent of Education Tommy Bice's Plan 2020 for Alabama schools.

Local career technical program directors say there are key components of the plan that will benefit all students such as the implementation of a career preparedness course to be taken by ninth-graders.

 

Beginning with next year's ninth-graders, students must take the course that includes financial literacy, career exploration, computer applications and online experience.

 

Beyond providing students with the opportunity to learn lifelong skills, the course could be eye-opening for parents, as well.

 

"This is a way for parents to see that their kids don't have to choose (between career technical and academic paths) because they can have both," said Kelley Joiner, director of the Allen Thornton Career Technical Center for Lauderdale County schools. "I'm hoping for more required courses in career tech to come as a result of this."

 

 

more...

 

[TimesDaily]

 

 

 

 


 

Officials unveil modernized Birmingham-Shuttlesworth International Airport terminal
By Mike D. Smith | msmith@al.com 
on February 26, 2013

BIRMINGHAM, Alabama -- Local officials and business and community leaders who got a first look at Birmingham-Shuttlesworth International Airport's modernized terminal Tuesday lauded the project as an accomplishment that will pay dividends for the city's future.

 
The Birmingham Airport Authority had a ribbon cutting and guided tours of the airport's remodeled Concourses A and B, which will open to travelers this spring.
 
The brighter, more spacious terminals are the majority of a $201.6 million effort to upgrade the airport's facilities to post-Sept. 11 security standards. Construction began in 2011.

The project also adds amenities for travelers, including covered parking access without stairs, canopies to protect travelers from the elements and centralized baggage screening through a new $14 million baggage system said Gaynell Hendricks, president of the airport authority board.
 
more...


 

 

 

  

 


 

House, Senate committees approve bills to limit lawsuits against Airbus
By Mike Cason | mcason@al.com 
on February 26, 2013

MONTGOMERY, Alabama --- Bills to limit the time when lawsuits could be filed against the new Airbus plant in Mobile cleared committees in the Alabama House of Representatives and Senate today.

 

Gov. Robert Bentley, at a news conference today, said the legislation would place Alabama on a level playing field with surrounding states in competing for supplier plants for the Airbus plant, where the European company will build its A320 family of commercial aircraft. 

 

The plant is expected to employ about 1,000 workers. Bentley said plants that provide components to Airbus have the potential to bring another 3,700 jobs to Alabama.

 

The legislation calls for a 12-year "statute of repose." That would mean that Airbus could not be held liable for any faulty part or other problem that did not arise within 12 years after Airbus sold the plane.

 

more..

 

[al.com]

 

 

 

 

 

 

 

 

 

 

 

  

 


 

Mobile City Council approves renovation costs for Airbus construction team building, incubator
By John Sharp | jsharp@al.com 
on February 26, 201

MOBILE, Alabama - The Mobile City Council endorsed a $175,000 expenditure to renovate portions of a building that will be utilized by construction teams during the approximately 40-month Airbus assembly plant project.

 

With a 6-0 vote, the council supported the administration's proposal to renovate a 3,500-square-foot space inside the same building that will be utilized by Airbus supplier,Labinal Engineering Inc., a subsidiary of France-based Safran Engineering Services.Councilwoman Bess Rich abstained.

 

Once the $600 million Airbus plant is built, the office space would then be utilized as an incubator for small, fledgling aerospace companies that need a facility to develope their businesses for a short period of time.

 

 

more...

 

[al.com]

 

 

 

 

 

 

 

 

 

 

  

 


 

Balch & Bingham law firm lands $4.7 million verdict
By Dawn Kent | dkent@al.com 
on February 26, 2013

BIRMINGHAM, Alabama -- Birmingham law firm Balch & Bingham today announced a $4.7 million verdict on behalf of a corporate client against Evanston Insurance Company.

Balch & Bingham litigation partners R. Bruce Barze Jr. and M. Todd Lowther represented the client, which bought a products liability insurance policy from Evanston.

 

The client was later sued in a wrongful death lawsuit in Ohio, arising out of an accident that occurred during the policy period.

 

more...

 

[al.com]


 

 

 

 

 

 

 

 

 

 

  




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