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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:
Businesses aim to keep people employed after sequestration
Victory Solutions of Huntsville earns a Boeing Supplier of the Year award
EDA President to Realtors: Diversity key to continued economic recovery
Moody offers tax abatements to attract undisclosed business to commerce park
National Fish and Wildlife Foundation adds Gulf Coast leaders
WEDC launches new name, website
Kirchner Group establishes joint venture to further enhance Health and Life Sciences offering

 


 

 

 

Businesses aim to keep people employed after sequestration
By Shumuriel Ratliff
April 22, 2013

HUNTSVILLE, AL (WAFF) -Local manufacturing company, Phoenix Industries, has lost some employees due to the automatic budget cuts caused by sequestration. Now, they have teamed up with another Tennessee Valley business, and together they hope to keep people employed through fashion.

"We're tickled about the possibility of helping them during this time of sequestration," said Haul Couture founder and designer, Kim Whitaker. "I think it's going to be a really good partnership for us both."

 

Haul Couture and the non-profit business Phoenix Industries have plans to make beautiful bags and bring jobs to the Valley. The sewing machines are busy making the multipurpose totes that are in high demand. Whitaker said she's looking forward to having a positive impact on the community.

 

"Just the positivity of giving work to people who need work and it's a positive work area, we're very excited about that," she said.

 

Automatic budget cuts have already had an impact on Phoenix. The company employs veterans and those with disabilities.

 

 

more...

 

[WAFF]

 

 

 


 


 

 


 

Victory Solutions of Huntsville earns a Boeing Supplier of the Year award
By Leada Gore | lgore@al.com 
on April 22, 2013
 
Victory Solutions has been named a Boeing Supplier of the Year. Victory, headquartered in Huntsville, was one of 16 companies and one university to receive a Supplier of the Year award, presented during a ceremony held at the San Diego Convention Center last week.

"These partners are critical to helping Boeing provide our customers the most affordable, highest quality products and services available," said Jack House, leader of Boeing's Supplier Management Organization.

 

House said the supply chain is even more critical because it must be able to recognize and reduce risk while maintaining a strong commitment to customer service and consistent performance excellence. Boeing annually purchases more than $50 billion in goods from 23,000 suppliers around the world.



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EDA President to Realtors: Diversity key to continued economic recovery

By John Underwood independent@gulfcoastnewspapers.com 

onApril 22, 2013

 

ROBERTSDALE, Alabama -- Economic recovery and continued economic growth were topics of discussion at the Baldwin County Association of Realtors meeting held Thursday at the BCAR central office in Robertsdale.

 

Lee Lawson, president and CEO for the Baldwin County Economic Development Alliance, gave a presentation to BCAR members and affiliates on Thursday saying that while economic growth numbers in 2012 are the highest since 2008, diversity is the key to continued growth.

 

"The bottom line is that we're here to create wealth and we're here to create jobs," he said. "Over the last five or six years we've seen a lot of things effect our local economy that we had no control over, but developing a diverse economy to ensure economic growth is something that we can control."

 

The two strongest areas of Baldwin County's economy continue to be retail sales and hospitality services.



more...

[gulfcoastnews.today]

 

 


 


 


 

 


 

Moody offers tax abatements to attract undisclosed business to commerce park
By Jeremy Gray | jgray@al.com 
on April 23, 2013

MOODY, Alabama -- The Moody City Council voted Monday night to abate more than $200,000 in sales tax on construction supplies, mortgage and recording taxes and property taxes for a new manufacturing center set to be built in the Moody Commerce Park.

 

However, because contracts are being finalized, the name of the business was not released at the meeting.

Don Smith, executive director of the St. Clair County Economic Development Committee, said the company wants to begin construction in the next month and will be identified when company officials seek additional abatements, likely next month.

 

Mike Graham, of Graham and Company, which represents the Moody Commerce Park, said the company is internationally owned and will build a 31,200-square-feet facility on the 3.5 acre site. The site is on U.S. 78 near the Love's Travel Stops.

 

more...

 

[al.com]

 

 

 

 


 


 

 


 

National Fish and Wildlife Foundation adds Gulf Coast leaders

 By George Talbot | gtalbot@al.com 

on April 23, 2013 

WASHINGTON - The National Fish and Wildlife Foundation, charged with distributing billions of dollars in penalties from the BP oil spill to environmental projects along the Gulf Coast, is adding some Southern members to its leadership team.

 

The Washington-based foundation announced the addition of four new board members and two regional staff directors who will help the company identify projects in the region.

The additions include two with Alabama ties:

  • Charles McCrary, chairman and chief executive officer of Birmingham-based Alabama Power Co. and chairman of the Economic Development Partnership of Alabama board of directors, will join the foundation's board.
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WEDC launches new name, website

By Carly Omenhiser

Tuesday, April 23, 2013 

 

Along with a new name, the Wiregrass Economic Development Corporation, formerly known as the Enterprise Coffee Geneva Economic Development Corporation, is undergoing a complete rebranding process, including a new logo and website.

 

Executive Director Jonathan Tullos said rebranding the corporation was a paramount goal of his when he came on board in January of this year.

 

The transformation reflects the area's growing global presence.

 

The new identity, he said, had to satisfy all of the existing expectations of what the original name stands for, while simultaneously moving the company forward.

 

The WEDC is one of the few economic development groups in the state to encompass multiple counties and is a leader in growth in southeast Alabama.

 

more....

 

[Enterprise Southeast Sun]


 


 

 

 

 

 


 


 

 


 

Kirchner Group establishes joint venture to further enhance Health and Life Sciences offering - Announces collaboration with HMP Communications, LLC. -

 

Birmingham, Alabama and Malvern, Pennsylvania April 22, 2013 - The Kirchner Group, a leading North American traditional merchant bank, today announced a joint venture with HMP Communications, the largest communications franchise in the wound care industry.  The joint venture will focus initially on 'The Business of Wound Care' with a special emphasis on diabetes and related conditions, a market that will soon top $300 billion.

"This joint venture with HMP Communications broadens our already strong platform for serving entrepreneurs, companies and investors in the health and life sciences sector", stated Bud Kirchner, Founder of Kirchner Group.  "I am particularly pleased to partner with HMP because of their formidable communication capabilities and long-standing reputation in the wound care industry. When paired with our own experience in the industry and proprietary business platform, the synergies should create considerable value for business owners, managers and investors interested in wound care and diabetes."

 
HMP Communications is the foremost authority in wound care communications. HMP publishes four journals: Ostomy Wound Management, WOUNDS, Today's Wound Clinic, and Podiatry Today. Monthly readership of these publications exceeds 60,000 wound care clinicians and decision-makers.

 
The initiative is built on a foundation created by the synergies of HMP's communications platform, educational vehicles and expertise along with Kirchner Group's wound and diabetes related content and equally formidable expertise relevant to intellectual property as well as fixing, selling and investing in businesses in health and life sciences.

In launching the new venture, a website for The Business of Wound Care has been created. Free webinars will be offered June 19 and August 14 and on September 27th a one-day meeting co-located at the 2013 SAWC Fall conference (Symposium for Advanced Wound Care) in Las Vegas will be offered. Registration details are available on the website www.businessofwoundcare.com.

"This is a really exciting chance to help entrepreneurs, other businesses and investors who are focusing on wound and diabetes care", continued Managing Partner Dr. Patrick McNees. "I have known and worked with HMP in various ways for over twenty years and feel very fortunate to now have the chance to collaborate with them on such an exceptional venture."  

HMP Executive Vice President, Peter Norris said, "We are very pleased to be able to join forces with the Kirchner Group on this initiative. The Business of Wound Care concept is a natural outgrowth to HMP's core competencies and married with Kirchner's investor and entrepreneurial expertise gives us a powerful platform to help nurture innovative products and companies within the field of wound care."

About Kirchner Group
The Kirchner Group has been providing traditional merchant banking services since 1985. The Company provides operational and transactional support for companies and asset management services for institutional investors. Kirchner Group's proprietary platform is built on the premise that pairing deep domain expertise with process experts provides superior results. Our clients and partners range from some of the most promising entrepreneurs, to fortune 500 companies and their investors. In addition, Kirchner Group manages assets on behalf of some of the largest insurance companies, commercial banks and institutional investors in the world. www.kirchnergroup.com

 
About HMP Communications Holdings, LLC
 HMP Communications Holdings, LLC, a collaborative formed by HMP Communications, LLC and North American Center for Continuing Medical Education, LLC (NACCME), is a leader and innovator in healthcare communications. The company produces some of the industry's most well-respected brands of multimedia, live events and accredited continuing education (CE) programs. HMP distributes award-winning content across a wide spectrum of healthcare audiences who can access its brands anywhere at any time. Visit www.hmpholdings.com for more information.

 

 

 

 

 


 


 




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If you have news or suggestions, please forward them along to me.
 
Enjoy the day, 

Val Walton
   



Please feel free to forward along to someone who can use it by clicking on the "I'd like to forward this to a contact" link below the green bar. Note also, that you can now make changes to your e-mail address and contact information through the link at the bottom.    
 
If you have news or suggestions, please forward them along to me.
 
Enjoy the day, 

Val Walton
   
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