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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:
State awards $600,000 grant to fund sewer for $500-million Carpenter Technology plant in Limestone County
Nordic region trade mission builds connections to Alabama (with video)
Startup Summit helps foster Birmingham entrepreneurs
Anniston secures regional cooperation for McClellan infrastructure
Trucking company expands Alabama operations with new location in Birmingham
Local economy looking up

 


 

 

 

State awards $600,000 grant to fund sewer for $500-million Carpenter Technology plant in Limestone
By Kelly Kazek | kkazek@al.com 
on April 23, 2013

LIMESTONE COUNTY, Alabama -- A $600,000 grant awarded by the state will help fund sewer service for Carpenter Technology's $500 million, 400,000-square-foot facility that will produce specialty alloys for aerospace and energy industries.

 

Gov. Robert Bentley awarded the Community Development Block Grant to the Limestone County Commission to help develop the 232-acre site for the plant that will employ at least 200 people. The facility, which will include remelting, forging and associated finishing and testing capabilities, is expected to begin operation by early 2014.

 

"Resources, incentives and location cause industries to consider Alabama, but it is our workforce that sells them on locating here," Bentley said. "I am convinced that Alabama has the best workforce in the world and industries looking to locate here soon learn about our impressive skills and unmatched work ethic.


more...

 

[al.com]

 

 


 


 

 


 

Nordic region trade mission builds connections to Alabama (with video)

April 24, 2013 

 

MONTGOMERY, Alabama -- The headline in the Norwegian financial newspaper - "Look to Alabama" -  sent the perfect message for Alabama officials on a Nordic region trade mission.

 

A delegation of Alabama trade officials, business executives and university representatives traveled recently to Norway and Sweden on a weeklong business development and trade mission, prompting coverage in the Finansavisen business daily. While on the mission, the Alabama business officials got a chance to meet potential trade partners in the two countries, and the university representatives talked with Nordic counterparts about research activities.

 

"I think there were a lot of good connections made," said Hilda Lockhart, director of the International Trade Division of the Alabama Department of Commerce. "The feedback has been very good, very positive."

 

Finansavisen published a story (see image below) on the Alabama group's effort to develop closer ties to Norwegian companies and identify new business partners. Alabama Secretary of Commerce Greg Canfield led the state delegation at a March 12 reception at Villa Otium, the U.S. Embassy in Oslo


more...

 

[madeinalabama.com]

 


 


 

 


 

 

Startup Summit helps foster Birmingham entrepreneurs
Yann Ranaivo Reporter-Birmingham Business Journal
April 24, 2013

One of the best ways to get advice on anything is to talk to someone with experience.

 

That was the general tone today as head honchos representing 12 different companies spoke about their beginnings and operations during the second Startup Summit at WorkPlay at 500 23rd St. South.

 

Tony Summerville, the summit's co-organizer and co-founder of Fleetio, said the summit allows more established business owners to speak with early stage entrepreneurs and hopefuls about their experiences with growing a startup.

 

"We wanted to find speakers who are a little beyond just an idea," he said, "and allow them to tell their lessons learned.

 

"It's a great way to help spark things to help a start-up ecosystem."


more...

 

[Birmingham Business Journal]

 

 


 


 


 

 


 

Anniston secures regional cooperation for McClellan infrastructure
By Paige Rentz
April 23, 2013

Local leaders plan to announce today a new regional partnership to help make $8 million in improvements at McClellan intended to lure industry and jobs, according to a release issued today.

The partners are focusing on an area of the former Fort McClellan where two industrial outposts sit amidst run-down buildings protected by rusty, overgrown fences and vacant lots empty dust and gravel onto an uneven roadway.

Anniston is teaming up with other local governments including Jacksonville, Piedmont, Weaver, Ohatchee and Hobson City and institutions including the McClellan Development Authority, the Calhoun County Chamber of Commerce, the Calhoun County Economic Development Council, Jacksonville State University and Gadsden State Community College to complete an $8 million infrastructure and beautification project at the McClellan Industrial Park.

The partners plan a press conference Wednesday to announce the deal, according to today's release, issued by Anniston city staff. The release describes the partners as the McClellan Area Regional Development Compact and says they "have and will dedicate their time, energy and vision to this grand effort."

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Trucking company expands Alabama operations with new location in Birmingham
By Dawn Kent | dkent@al.com 
on April 24, 2013 

Old Dominion Freight Line Inc. has opened a new container drayage facility in Birmingham, the trucking company's third in Alabama.

 The new facility, at 601 Republic Street, will employ five people initially, and jobs will be added based on need. It will serve rail heads and container yards in the Birmingham area and offer pick-up and delivery to any point in the U.S.Drayage is the transport of goods a short distance.

 

Wayne Bersch, director of container operations for Old Dominion, said the new site will strengthen the company's network in Alabama, which includes container drayage facilities in Huntsville and Mobile.

 

"The facility will allow Old Dominion to expand coverage in the Southeast. The site will also help us meet growing demand from customers who ship domestically and globally," he said.


more...

 

[al.com]

 

 

 

 

 


 


 

 


 

Local economy looking up

By NEAL WAGNER / City Editor

April 23, 2013

 

I've gotten a chance to write about some pretty exciting developments in Shelby County's economy over the past few weeks. And I've got to say, it's refreshing to say the least.

 

On April 15, crews with the Brasfield and Gorrie construction company began working on an enormous new distribution center for the Hibbett Sports company in Alabaster's Shelby West Corporate Park.

 

Once completed, the 412,000-square-foot distribution center will occupy 60 acres, will bring about 150 jobs to the city and will replace an about 180,000-square-foot facility Hibbett currently is leasing in Birmingham.

 

A little further north on U.S. 31, Pelham officials are working with Shelby County and the county's Industrial Development Authority to develop the currently vacant old Moore Handley property on U.S. 31.



more...

[Shelby County Reporter]

 


  

 

 

 

 

 


 


 




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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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