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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:
Industrial park may get 100 more jobs
Mobile public officials leaving this week to visit Airbus plant in Germany
Beer distribution supports 2,356 Alabama jobs, study finds
TODAY Show features app built by Birmingham company
Commissioners approve $30K for Tallassee IDB
Southern Research Institute to develop biomass technology for Department of Energy
U.S. economy performing better than expected, Regions economist say
UAB cybersecurity program's success leads to spin off company
NAITA announces 2013 International Trade Advocate Award
Gauging Interest in an Alabama Material Waste Exchange

 


 

 
 

Industrial park may get 100 more jobs
By Ginger Grantham
The Moulton Advertiser
3/13/13

MOULTON - Another industry could join Jack Daniel Cooperage in Lawrence County's Mallard Fox West Industrial Complex if all goes as planned.

 

At Tuesday's Lawrence County Industrial Development Board meeting, Executive Director Tony Stockton said he has a letter of intent from a company saying it will locate in the complex and bring 100 jobs to the county.

He said the company was not ready to make an official announcement.

 

The company has indicated it will purchase 80 acres in the park, and Stockton said its leaders indicated they would like to begin construction in May.

 

While no deal is final, Stockton said the commitment is firm. He was so confident that he traveled to Montgomery to find funding to expand the road into the park by 3,000 feet. The extension will bring the road across the railroad tracks and onto the land the industry is looking to purchase.

 

Stockton met with officials from the Alabama Department of Transportation and other state officials to secure funding.

 

 

more...

 

[Decatur Daily]

 

 

 

 

 

 

 

 

 

 


 

 

 


 

 

 

 

 

 

 

 


 

 

Mobile public officials leaving this week to visit Airbus plant in Germany
By John Sharp | jsharp@al.com 
on March 13, 2013 

MOBILE, Alabama - Some local public officials will leave Friday for a four-day, tax-supported trip to Hamburg, Germany, to tour an Airbus final assembly plant for the A320 jet airliner.

 

The trip includes two days, Monday and Tuesday, in which officials will tour the German plant considered as a comparable facility to the future $600 million plant that will be built at Brookley Aeroplex in Mobile.

 

"This is a very important trip to mapping out the investments in the future to really bring about an aerospace cluster into Mobile with better, high-paying jobs," City Attorney Larry Wettermark said today.

 

The trip comes before groundbreaking ceremonies are scheduled for the Mobile final assembly line on April 8.



more...

[al.com]

 

 

 

 

 

 

 

 


 

 

 


 

 

 

 

 

 

 

 


 

 

 

Beer distribution supports 2,356 Alabama jobs, study finds
By Stan Diel | sdiel@al.com 
on March 13, 2013 

BIRMINGHAM, Alabama - Alabama beer distributors directly generate 2,356 jobs and $733 million in total economic impact, a national study commissioned by a trade group has found.

 

The economic impact report released by the National Beer Wholesalers Association and conducted by the Center for Applied Business & Economic Research at the University of Delaware. Also among its findings regarding Alabama:

 

--Alabama beer distributors directly employ 2,356 people, and indirectly create 5,726 jobs.

 

--The industry's Alabama payroll, in direct wages, totals $162 million per year.


more...

 

[al.com]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 


 

 

 

 

 

 

 

 


 

 


TODAY Show features app built by Birmingham company

Innovation Depot company Metrocket's iExit app was featured on the Today Show.

Yann Ranaivo

Reporter-Birmingham Business Journal

 March 13, 21013

 

A small Birmingham-based company's product was one of the items featured Tuesday during the TODAY Show's "Today's Tech" segment.

 

Metrocket Software, located at business incubator Innovation Depot, offers an app called iExit that automatically list upcoming highway exits for iPhone, iPad and Android smartphone users. You can see the TODAY Show segment by clicking here.

 

iExit allows users to customize the exits listed. For example, if someone is looking to stop at a Starbucks, he or she keys in the chain's name and the app will only list exits with those restaurants.

 

more...

 

[Birmingham Business Journal]


 

 

 

 

 

 

 

 

 

 

 

 


 

 

 


 

 

 

 

 

 

 

 


 

 

Commissioners approve $30K for Tallassee IDB 

David Goodwin - Political Editor | 

March 14

 

The Elmore County Commission agreed Monday night to pay half the matching funds for a grant they hope can create high-paying industrial jobs in Tallassee.

 

The request for help from Tallassee's Industrial Development Board was for the county to pitch in half of the matching funds - $30,000 - for an Industrial Access Grant. The grant, possibly worth more than $300,000, would fund a new road into the city's corporate park on Alabama Highway 229.

 

"I believe one of our roles as a commission is to help create jobs," Commission Chairman Joe Faulk said. "As I look over the county, there is only one specific community that's ready for industrial jobs. And that is Tallassee."

The corporate park in Tallassee is certified as an "Advantage Site," meaning "we're one of the first ones they show" when an industry calls looking for land in the state, said Tallassee IDB chairman Rick Dorley.

 

more...

 

[Wetumpka Herald]

 

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 


 

 

 

 

 

 

 

 


 

 

 


Southern Research Institute to develop biomass technology for Department of Energy
By Stan Diel | sdiel@al.com 
on March 14, 2013 

BIRMINGHAM, Alabama - Southern Research Institute has won a $925,000 U.S. Department of Energy award to develop a cost-effective way to convert biomass into oils used in the production of gasoline and diesel.

 

Technologies already exist to turn biomass materials such as wood waste into oils used in the refining of petroleum, but they're cost-prohibitive or impractical. 

A more cost-effective method could "reduce the nation's requirement for importing oil from foreign countries, help to stabilize the prices at the pump, and lower the emission of greenhouse gases," said Tim Hansen, director of Southern Research's Advanced Energy and Transportation Technologies unit in Durham, N.C.

 

An improved process also could help refineries comply with new renewable fuel standards, Santosh K. Gangwal, Southern Research's principal investigator on the project, said in a prepared statement. Southern Research is looking for a refinery partner to assist in the project.

 

more..

 

[al.com]


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 


 

 

 

 

 

 

 

 


 

U.S. economy performing better than expected, Regions economist says
By Alex Walsh | awalsh@al.com 
on March 13, 2013 

BIRMINGHAM, Alabama -- The pace of what has so far been a slow economic recovery may now be quickening. 

Data published today by the U.S. Bureau of Economic Analysis forced at least one local economist to revise his latest economic growth projection upward. Across the country, retail sales accelerated by 1.1 percent in February -- a seemingly small amount, but ahead of what industry experts had been expecting. Core retail sales, which excludes volatile components like gasoline, grew by 0.4 percent, which was also ahead of expectation.
 
That sent Regions Financial Corp. Chief Economist Richard Moody back to his estimate for first quarter economic growth. In a release published Wednesday, Moody also noted a gain in business inventories that exceeded prior expectation.  
 

more..

 

[al.com]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 


 

 

 

 

 

 

 

 


 

UAB cybersecurity program's success leads to spin off company 

Cindy F. Crawford

Editor-Birmingham Business Journal
March 12, 2013
 

Researchers and lab students investigating computer viruses at the University of Alabama at Birmingham became so good at it, a company was spun off to take on clients and "phish" for malware within their systems and help combat cybercrime.

 

Gary Warner, director of research in computer forensics at UAB, told the Kiwanis Club of Birmingham Tuesday his group discovered through years of research that there was no antivirus software that could fully fight the viruses that have infected computers of 46 percent of online adult users in 2012 alone. Warner estimated $110 billion was spent in the U.S. to clean up infected PCs in 2012

 

To combat the lack of effective antiviruses, go after cybercriminals, help with cybercrime investigations and protect consumers, businesses and the government, Warner and several cofounders started Malcovery Security.

 

UAB owns 25 percent of the new company that also has sponsors, including Bank of America, Facebook and e-Bay.


 

more...

 

[Birmingham  Business Journal]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 


 

 

 

 

 

 

 

 


 

 

NAITA announces 2013 International Trade Advocate Award
By Martin Swant | mswant@al.com 
on March 12, 2013

HUNTSVILLE, Alabama -- The North Alabama International Trade Association is giving Huntsville-Madison County Airport Authority's director its 2013 International Trade Advocate Award.  

 

Rick Tucker, who's also executive director of the Port of Huntsville, was chosen for his role in advancing international trade in the region, NAITA announced at its annual meeting in Huntsville on Tuesday.

 

As executive director, Tucker -- who has been NAITA's treasurer since 2006 and a past president of the nonprofit trade organization -- has seen the Port of Huntsville increase its international cargo flights to Brazil, Mexico, Hong Kong and Brazil to become the 14th largest U.S. airport for international air cargo.

 

"Mr. Tucker has been instrumental in setting the strategic direction of NAITA, and he has helped to ensure the financial stability of the organization," according to a NAITA statement. "His leadership has certainly contributed to the organization's position as the resource for international trade in North Alabama. Rick Tucker is truly a visionary when it comes to global trade and NAITA's continued influence through trade education, training and networking."


more...

[al.com]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 


 

 

 

 

 

 

 

 


  

 Gauging Interest in an Alabama Material Waste Exchange 

Would your company be interested in an Alabama Materials Waste Exchange? 

 

The Alabama Materials Waste Exchange will be an online listing service for exchanging industrial surplus, waste, or other materials within Alabama and eventually within surrounding states. Materials may be bought, sold, traded, or given away.

 

Working like the classified ad section of a newspaper or trade magazine, organizations will be allowed to create listings for waste or surplus materials they have available, and also post materials that they need. Companies will browse listings, contact the generator, and make arrangements to collect the waste. 

 

The Alabama Productivity Center at the University of Alabama and ATN are developing the Alabama Materials Waste Exchange and are reaching out to companies to request input regarding a potential need and viability for a web-based materials waste exchange in Alabama.  If you have knowledge of your company's industrial waste stream or surplus materials, please take a minute to read more about the project and fill out a brief survey. 

 

MORE:

 

http://www.uahcmer.com/2013/03/13/gauging-interest-for-an-al-materials-waste-exchange/

 

 

Lunch and Learn

 

The Occupational Health and Safety Management System, otherwise known internationally as OHSAS 18001:2007 is quickly becoming the latest requirement among automotive suppliers. The March 21 informational session gives an overview of the standard and the process by which Alabama Technology Network (ATN) is assisting companies in implementation.  The Alabama Automotive Manufacturers Association is a co-sponsor with ATN.

 

Lunch and Learn

Thursday, March 21, 11:30 am- 1:00 pm

No charge for informational session

campus of Trenholm State Community College (Patterson campus)

3920 Troy Highway, Building Q, Montgomery, 35242

For more info: 334-420-4394 or Joan Davis- ATN Center Director, Montgomery/Selma, jdavis@atn.org

 

For Agenda and More...

 

http://www.uahcmer.com/2013/03/12/ohsas-180012007-sh-management/


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 


 

 

 

 

 

 

 




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Enjoy the day, 

Val Walton
   
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