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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:
Airbus Mobile, aviation sector could take several cues from Hamburg, Germany
Alabama Launchpad competition seeds startups with funding (with video and gallery)
AT&T launches 4G LTE coverage in Huntsville area, announces creation of 350 new jobs (video)
Bentley: 'Good possibility' Airbus supplier jobs will come to Montgomery
Mass layoffs on the decline in Alabama
Freeman Hrabowski to speak at African American Business Council luncheon

 


Airbus Mobile, aviation sector could take several cues from Hamburg, Germany
By Kelli Dugan | kdugan@al.com 
on May 14, 2013

MOBILE, Alabama - Successful development of Mobile's expanding aerospace and aviation sector might well hinge on more than a century of hindsight and best practices imported from nearly 4,800 miles away.

 

With construction barely underway at Brookley Aeroplex on a $600 million final assembly line for Airbus' A320 family aircraft, Mobile remains very much in the global spotlight for landing the Toulouse, France-based planemaker's first such plant on U.S. soil. In the absence of an actual crystal ball, however, Mobile needs look no further than Hamburg, Germany, for a glimpse at the future it could - in time - create.

 

 

"Hamburg has a strong maritime and shipbuilding business, and the port has been incredibly important to Hamburg, just as its port has been to Mobile," said Bill Sisson, executive director of the Mobile Airport Authority that oversees Brookley Aeroplex where ground was broken April 8 on the more than 1,600-acre Airbus site.

 

more...

 

[al.com]


 


 

Alabama Launchpad competition seeds startups with funding (with video and gallery)
May 14, 2013

BIRMINGHAM, Alabama - Over the past seven years, the Economic Development Partnership of Alabama Foundation has awarded more than $1 million to entrepreneurs through Alabama Launchpad, a competition designed to help their promising ideas blossom into full-fledged companies.

 

The competition brings together small teams from across the state to pitch early-stage startups to a panel of expert judges. The contest promotes and rewards high-growth, innovative startup companies by helping fledgling ventures in seed or early-growth state gain momentum.

 

In 2006, the EDPA and Alabama research institutions began talking about finding an impetus for supporting entrepreneurship and startups across the state. Launchpad was born. In this year's contest, the judges in early March narrowed a pool of teams from 12 to 7 after live pitches. Five teams then advanced to the final round of pitches on May 3, with three teams receiving funding.

 

For the first time, Alabama Launchpad will stage two competitions this year and is currently accepting applications for the second round. Seven universities participate in funding the program: The University of Alabama, Auburn University, University of South Alabama, University of Alabama at Birmingham, Alabama State University, Alabama A&M University and the University of Alabama in Huntsville. The program also receives corporate funding.

 

more...

 

[madeinalabama.com]

 

 


 

AT&T launches 4G LTE coverage in Huntsville area, announces creation of 350 new jobs (video) 
Lucy Berry | lberry@al.com 
on May 13, 2013

HUNTSVILLE, Alabama - AT&T customers living in Huntsville, Madison, Moontown, Gurley, Capshaw and other rural Madison County areas now have access for the first time to 4G Long Term Evolution, or LTE, mobile Internet coverage and enhanced broadband networks.  

 

The announcement came Monday afternoon at AT&T on 4929 University Drive in Huntsville as local government and municipal officials discussed how AT&T's nearly $1.4 billion investment in wireless and wireline networks in Alabama will impact the Huntsville and Madison County areas.

 

AT&T Alabama spokesman Dave Hargrove said LTE, which was first introduced to Huntsville by Verizon Wireless in 2011, offers significantly higher speeds than what were previously available to customers and is 10 times faster than AT&T's 3G network. Verizon launched LTE two years ago to include the Athens, Decatur, Hartselle and Madison County areas.

 

AT&T's new 4G LTE coverage has been installed in more than 350 sites across Alabama, with 35 in the Huntsville area. The company is also adding 350 new jobs statewide.



more...

[al.com]

 


 


 

Bentley: 'Good possibility' Airbus supplier jobs will come to Montgomery 

By Brad Harper

May 14, 2013

 

Alabama Gov. Robert Bentley said Monday that the $600 million Airbus plant now being built in Mobile could bring more supplier jobs to the Montgomery area.

 

"I think we have a good possibility," Bentley said. "Airplane production and assembly is different from an automobile (production plant). They run those through very quickly. It takes a month to build an aircraft, so those suppliers could be farther away."

 

Airbus broke ground last month on a final assembly plant for its A320 jets, and Bentley said the construction process alone has created 3,128 jobs. The plant will employ about 1,000 people directly, and Bentley said that the facility could add a second line "in the next three or four years," doubling the number of direct employees.

He expects about 4,000 supplier jobs related to the Mobile plant.

 

"We hope those suppliers will not just be congregating in Mobile but we'll have them up farther north, maybe some in Montgomery here also," he said.


more....

 

[Montgomery Advertiser]

 

 

 


 

Mass layoffs on the decline in Alabama
Alan Alexander, Intern
May 13, 2013

Alabama businesses experienced fewer extended mass layoffs in the first quarter of 2013 than in the fourth quarter of 2012, according to a report from the Bureau of Labor Statistics.

 

An extended mass lay off is defined as an employer laying off at least 50 employees during a five-week period and rendering those workers unemployed for more than 30 days.

 

There were six extended mass layoffs in Alabama in the first quarter, down from 10 extended mass layoffs the previous quarter.

 

The report said that 2,290 Alabamians were impacted by mass layoffs in the fourth quarter of 2012, compared to 2,076 in the first quarter of 2013 - a difference of 214 jobs.

 

 

more...

 

[Birmingham Business Journal]


 

 

 


 

Freeman Hrabowski to speak at African American Business Council luncheon 

Stan Diel | sdiel@al.com 

on May 13, 2013

BIRMINGHAM, Alabama - Freeman A. Hrabowski, president of The University of Maryland, Baltimore County and a Birmingham native, will address the Annual African American Business Council luncheon on June 28, the Birmingham Business Alliance announced.

 

Hrabowski, who is chairman of President Barack Obama's Advisory Commission on Education Excellence for African Americans, has a national reputation for his work studying the performance of minority students in math and science.

 

The annual luncheon is the seminal event for the BBA's African American Business Council, the BBA said. Sponsores include Mercedes-Benz U.S. International, AT&T, Energen and The Jimmie Hale Mission.



more...

 

 




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