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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:
Tarkett expanding Florence operation
Mercedes-Benz sets global sales record in May, including strong performance for Alabama-made M-Class
Anniston City Council agrees to incentives for local industry
Gov. Bentley addresses Alabama's economic climate
Summit focuses on helping Alabama industries become more competitive through energy efficiency
Children's ranked among best children's hospitals for fourth year
Regions hiring for 50-plus jobs at Saturday job fair

 


 

Tarkett expanding Florence operation

By Mike Goens-Managing Editor
June 12, 2013

 

 FLORENCE - Tarkett is expanding its flooring operation in Florence, a move that will nearly double its local workforce, company officials said Tuesday.

 

Tarkett's expansion is being done in two phases, with the largest segment involving moving a vinyl flooring production line from its Houston operation to the Shoals, company officials said.

 

When the second phase is completed during the second quarter of 2014, about 170 jobs will have been added to the Florence plant, said Derica Poole, the company's special projects coordinator. She said there are 175 workers on site now.

 

"This will definitely stabilize operations in Florence," Poole said. "This area is growing, and Tarkett will continue to play a major role in that growth. Our employees are excited about this announcement, and we're hearing nothing but positive feedback about future employment opportunities this will create."

 

Combined, the expansions represent an investment of more than $33 million, company officials said 

 

more...

 

[Florence Times Daily]


 


Mercedes-Benz sets global sales record in May, including strong performance for Alabama-made M-Class
By Dawn Kent Azok | dkent@al.com 
June 11, 2013

Mercedes-Benz set a global sales record in May, and the results show a strong demand for the company's Alabama-built SUVs.

The German automaker's parent company, Daimler AG, said 121,360 Mercedes vehicles were sold around the world last month, a 7 percent improvement from May 2012.

 

The company set a year-to-date record, too. Through the first five months of this year, 562,824 vehicles have been sold, up 6 percent from the year-ago period.

 

"We are continuing the positive sales trend in May as well," Joachim Schmidt, executive vice president for Mercedes-Benz Cars Sales and Marketing, said in a prepared statement. "We are posting solid increases in many markets in Europe and Asia, as well as in the USA."


more...

 


Anniston City Council agrees to incentives for local industry
By Paige Rentz
Jun 11, 2013 

At its Tuesday meeting, the council authorized economic development incentives for both Creedmoor Sports and North American Bus Industries.

The council approved a $15,000 incentive to Creedmoor Sports, which moved its operations from California to a facility at McClellan earlier this year, and a $100,000 incentive to North American Bus Industries, part of an agreement with the state to aid in the company's expansion. The total agreement between the city, state and NABI calls for $400,000 in reimbursements.

"It was worthwhile" said City Manager Don Hoyt of the incentives.

Creedmoor Sports, he said, is "going to be a growing business, and we want them here. And that's what the incentives are for."


more...

 


Gov. Bentley addresses Alabama's economic climate 
By Alan Alexander Editorial intern-Birmingham Business Journal
June 11, 2013
 Gov. Robert Bentley talked about Alabama's improving economy and Jefferson County's deal to emerge from bankruptcy at the Vestavia Hills Chamber of Commerce meeting Tuesday.

"The federal government certainly hasn't helped, but on a state level we are making progress," he said. "When I first came to office, the unemployment rate for the state of Alabama was 9.3 percent and now it's holding steady at 6.9 percent, which is well under the national average."

 

Bentley said that his goal in driving job growth is to shrink the number of Alabama citizens on Medicaid.

 

"Since 2008, we've gone from 738,000 to 950,000 people on Medicaid in our state. I want fewer," Bentley said. "But how do you have fewer? You begin creating more jobs by getting people educated and working."



more...




 


 

Summit focuses on helping Alabama industries become more competitive through energy efficiency
Cullman Sense
June 11, 2013

MONTGOMERY- Companies that pursue energy efficiency measures can become more competitive and create jobs, Gov. Robert Bentley told attendees today at the Alabama Summit on Industrial Energy Efficiency.

 

Bentley spoke to representatives from more than 70 businesses, trade associations, utility companies and other organizations attending the meeting at the Capitol. The summit marked the completion of Alabama's participation in a special program supported by the National Governors Association called the Policy Academy on Enhancing Industry Through Energy Efficiency. The effort brought together dozens of state government and private industry representatives to develop ideas about how state government can assist industries and companies looking to cut expenses by implementing voluntary energy efficiency measures at their facilities.

 

Alabama is home to more than 5,200 manufacturing, assembly and processing facilities that employ more than 312,000 people and contribute more than $27 billion annually to the state's economy, according to Manufacture Alabama. The U.S. Energy Information Administration reports that the industrial sector accounts for about 40 percent of the total energy use in the state.

 

Bentley said that when industries reduce energy costs, it helps stimulate economic growth which is good for the companies and good for the state.

 

more...

 

[Cullman Sense]

  

 

 



 


 

Children's ranked among best children's hospitals for fourth year

Yann Ranaivo

Reporter-Birmingham Business Journal

June 11, 2013

 

Six of the Children's of Alabama specialty services placed among the top 50 in the U.S. in US News & World Report's 2013-2014 Best Children's Hospital rankings.

 

The hospital said in a news release that the top placing marks the fourth consecutive year it ranked in the US News & World Report's list. The services recognized were cardiology and heart surgery, diabetes and endocrinology, gastroenterology and GI surgery, nephrology, neurology and neurosurgery and pulmonology.

 

"We are pleased to be recognized again this year for the type of care we offer here at Children's," the hospital's CEO Mike Warren said. "It's been an amazing year since the opening of our expansion last August, and I think it is entirely appropriate that the focus of this award is on the care being given to children inside the new building."



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Regions hiring for 50-plus jobs at Saturday job fair
By Alex Walsh | awalsh@al.com 
on June 11, 2013 

BIRMINGHAM, Alabama -- Regions Financial Corp. (NYSE: RF) will host a job fair at its Riverchase Operations Center this Saturday. The company is seeking to hire for more than 50 open positions.

The June 15 job fair will begin at 10 a.m. Applicants with "technology, programming, networking or applications development backgrounds, training or experience" are encouraged to attend, the bank said in a statement.
Open positions include:

- Java developers
- Firewall specialists
- System administrators
- Data security specialists

more....


  

 

 






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