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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:
Commerce Department unveils state's rebranding campaign: Made In Alabama
Governor Bentley Comments on 2012 New & Expanding Industries
Cross-trained employees important to Airbus, according to Mobile Mayor Sam Jones
Study: Birmingham-Shuttlesworth International Airport construction could have statewide economic impact of $392 million
Austal USA awarded $20 million for additional Littoral Combat Ship work
Sweetwater retail development venture better for Decatur than 2008 deal, council president says
Brasfield & Gorrie working on $2.7M renovation at St. Vincent's East
Alabama Launchpad "Proof of Commercial Relevance" Finale Set for May 3

 


 

Commerce Department unveils state's rebranding campaign: Made In Alabama
 By Dawn Kent | dkent@al.com 
on March 19, 2013

MONTGOMERY, Alabama -- The Alabama Department of Commerce today is unveiling a rebranding campaign that's aimed at boosting the state's image in recruiting new jobs and investment.

The campaign, created by Birmingham public relations and advertising agency, Big Communications, features a new Commerce Department website,MadeInAlabama.com.

 

The website includes original and aggregated content that will help business recruiters "constantly beat the drum of positive news throughout the state," Greg Canfield, secretary of the Alabama Department of Commerce, said during a breakfast at Montgomery's Capital City Club, where he unveiled the campaign to legislators and economic developers.

 

It's chiefly a content marketing initiative, with stories that have optimized with certain keywords to garner web traffic from site selection consultants and others searching for information.

 

more...

 

[al.com]

 

 

 


 

 


 

Governor Bentley Comments on 2012 New & Expanding Industries
March 19, 2013

MONTGOMERY, Alabama - Alabama Governor Robert Bentley today released details from the 2012 New and Expanding Industries Report, which showed a second year of steady growth for new jobs in Alabama and capital investment across the state.

 

Companies establishing new operations in Alabama or expanding facilities already in the state announced capital investments exceeding $5.4 billion in 2012, resulting in nearly 21,000 new jobs, Gov. Bentley said this morning.

 

In an interview about the new report, Governor Bentley said: "We have an environment in the state that is very conducive to recruiting new companies or expanding the companies that we already have. We're a right to work state. We have a low cost of doing business in this state ... and we have the best workers of anywhere in the world."

 

more...

 

[madeinalabama.com

 


 

 


 

 

Cross-trained employees important to Airbus, according to Mobile Mayor Sam Jones
By John Sharp | jsharp@al.com 
on March 18, 2013 

MOBILE, Alabama - Future Airbus employees at the company's Mobile plant will be cross-trained among a variety of disciplines, and not just one trade.

 

That was the impression Mobile Mayor Sam Jones got while meeting with Airbus executives in recent days after a contingent of Mobile city and county officials arrived Friday to Hamburg, Germany.

 

"One thing that is different is that they cross-train all of their workers," Jones said during a telephone interview with the Press-Register after touring Hamburg's Airbus plant. "The people who do electronics, have to do mechanical. Any guy (at the Hamburg plant) can do any job and that's somewhat different. What we are accustomed too is one guy specializing in one trade."

 

Jones said future employees at the $600 million plant at Brookley Aeroplex might need to be flexible, since the training established by Airbus and the Alabama Industrial Development Training program will likely require cross-training.

 

more...

[al.com]

 

 


 

Study: Birmingham-Shuttlesworth International Airport construction could have statewide economic impact of $392 million 
By Mike D. Smith | msmith@al.com 
on March 19, 2013

BIRMINGHAM, Alabama -- Construction on Birmingham-Shuttlesworth International Airport's modernization project will have a total economic impact of more than $390 million on the state's economy by 2014, an economist said.
 
The more than three-year project will have contributed about 1,670 direct, indirect and induced jobs per year to the state's economy said M. Keivan Deravi, an economics professor with Auburn University at Montgomery.
 
In Jefferson County, the economic impact could total more than $280 million to the county's gross domestic product, with $227 million in payroll and about 1,000 jobs for each year of construction, Deravi said.
 
A two-phased effort to update the airport's terminal began in 2011. The project brings the airport in line with post-Sept. 11 security standards and boosts passenger convenience.
 

  more..

 


 

Austal USA awarded $20 million for additional Littoral Combat Ship work 
By Ellen Mitchell | emitchell@al.com 
on March 18, 2013

U.S. Department of Defense has awarded Austal USA in Mobile an additional $19.987 million in a modification to a previously awarded Littoral Combat Ship contract, the shipbuilder said today in a press release.

 

The modification exercises options for class service efforts and special studies, analyses and reviews for the LCS program, according to the company's release.

 

With the award, Austal will assess engineering and production challenges and evaluate the cost and schedule risks of the LCS. Work is expected to be completed by March 2014.

 

"This award is important as it aligns with Austal's strategy of expanding the level of support services we provide, in particular for the U.S. Navy's LCS and Joint High-Speed Vessel platforms for which we are prime contractor," Andrew Bellamy, Austal's CEO, said in a statement.

 

 

more...


 


 

Sweetwater retail development venture better for Decatur than 2008 deal, council president says
By Paul Gattis | pgattis@al.com 
on March 18, 2013 at 5:20 PM

DECATUR, Alabama - The current Sweetwater retail development deal being negotiated by the city of Decatur is more appealing than the deal that fell through in 2008.

 

According to Gary Hammon, president pro tem of the Decatur city council, the city's financial obligation is less daunting this time around as Nashville-based Genesis USA Development seeks to again establish a $1.3 billion retail district at the junction of I-65/I-565 in Limestone County.

 

The council voted 4-1 today to approve a resolution outlining a potential deal with Genesis USA that includes up to $12 million in infrastructure and tax incentives worth another $28 million.

 

"This time, I'm much more comfortable than even what we had in 2006-07," Hammon said. "We didn't walk away from it (then) but the economy bottomed out. It was just a perfect storm for it not to happen. This is a much better deal for Decatur."

 

 more...

 

[al.com]



 


 

Brasfield & Gorrie working on $2.7M renovation at St. Vincent's East
By Yann Ranaivo 
Reporter-Birmingham Business Journal
Mar 18, 2013

The $2.7 million renovation of the fifth-floor psychiatric unit at St. Vincent's East has begun, according to a release.

 

Birmingham contractor Brasfield & Gorrie said it is working on the project, which will include an 18,678-square-foot build-out of the fifth floor and the addition of 34 psychiatric beds as part of a greater 80 psychiatric bed expansion.

 

Construction on the project, which began last month, is expected to be finished in June.

 

more...

 

[Birmingham Business Journal]




 


   Alabama Launchpad "Proof of Commercial Relevance" Finale Set for May 3

 

 

The Economic Development Partnership of Alabama Foundation announces today that the 2013 Alabama Launchpad Start-Up Competition finale event will be held May 3 in  Birmingham.

 

Seven teams were chosen by a five-judge panel comprised of entrepreneurs, investors and corporate stakeholders to move forward in the competion on March 4.

 

 All of the seven start-ups that advanced will get an assessment of their business model by a third-party firm. 

.

Those teams were narrowed down from 12. In all, 22 teams registered for the "Proof of Commercial Relevance" competition that promotes, rewards and increases the pipeline of high-growth, innovative ventures that have the potential to grow and thrive in the state.

 

The teams selected are "pre-seed" and are competing for awards totaling $100,000.

 

The finale event will be Friday, May 3 from 9:00 to 2:30 pm.  The event will be hosted at the auditorium at Evonik Corp, 750 Lakeshore Parkway, Birmingham, AL 35211

 

Alabama Launchpad receives support from seven partnering universities: Alabama State University, Auburn University, the University of Alabama, University of Alabama at Birmingham, University of Alabama in Huntsville, the University of South Alabama and Alabama A & M University 

 

For more information, visit www.alabamalaunchpad.com

 

 






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