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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:
Governor Bentley wraps up successful two days at Paris Air Show, work continues
U.S. Automakers Are On A Roll, But Hiring Is Slow And Steady
Airbus hires two managers for A320 final assembly line in Mobile
State approves grant for industrial partner
Raytheon lands $116 million contract for Patriot improvements, some work to be performed in Huntsvillle
DAS North America, a Kia and Hyundai parts supplier, to break ground on new 300,000-square-foot Montgomery facility on Thursday

 


 Governor Bentley wraps up successful two days at Paris Air Show, work continues

 June 19, 2013

 

Governor Robert Bentley is traveling back to Alabama today after two long days of back-to-back meetings at the Paris Air Show. The Governor held meetings with 24 aerospace industry companies in Paris and leaves with new relationships and several leads on potential aerospace projects and expansions for the state.

 

"The most important thing we're doing here is recruiting jobs," Governor Bentley said Tuesday night in an address to Alabama economic development leaders and international aerospace companies at a reception hosted by the delegation from Mobile.

 

Work continues toward the goal of job recruitment in Paris as Bentley returns home. Alabama Secretary of Commerce Greg Canfield and Assistant Director of Business Development for the Department of Commerce Bob Smith had several additional exploratory meetings and follow up meetings scheduled for Wednesday.

 

The first half of Wednesday included meetings with companies representing potential suppliers for Airbus's final assembly line in Mobile and discussions with representatives of other countries with a similar industry base as Alabama.

 

more...

 

[madeinalabama.com]

 

 

 


U.S. Automakers Are On A Roll, But Hiring Is Slow And Steady

There is one basic question that keeps being asked about the U.S. auto industry: Is it on the rebound?

"People ask a lot, is the auto industry back?" says Kristin Dziczek, a director at the Center for Automotive Research. "And it depends on what scale you want to look at."

 

So if we're looking at scales, let's start with productivity. In this case, how many work hours it takes to build a car. Productivity in U.S. plants is 39 percent higher than it was in 2000. "Productivity has never been this high," Dziczek says.

 

And while sales aren't as high as they once were, vehicle prices are up - so profitability is up, too. General Motors, Ford and Chrysler are all making money. They've been rewarding their workers with profit-sharing checks, and all the companies - foreign and domestic - are investing billions of dollars in North American facilities.


more...

 

[NPR]

 


 


Airbus hires two managers for A320 final assembly line in Mobile
on June 18, 2013 

MOBILE, Alabama - While Alabama's 2013 Paris Air Show entourage seeks new and expanding investments for the state, Airbus Americas is making good on one already underway in Mobile.

 

The company announced Tuesday the addition of two new management team members for its $600 million final assembly line at Brookley Aeroplex.

 

Airbus broke ground April 8 on the A320 family aircraft facility, slated to deliver its first Mobile-assembly planes in 2016 andemploy 1,000 directly when the facility reaches full production in 2018

.

Mark Smith has been named manager of health, safety and environment, while Darren Gates has been named facilities manager



more...

 


State approves grant for industrial partner

By Adelaide Effie Beckman Staff Writer

June 19, 2013

 

MUSCLE SHOALS - State officials have agreed to provide more than $300,000 to help the area prepare for its latest industrial partner.

 

The Industrial Access Road and Bridge Corp. has approved a $333,200 grant to assist the city of Muscle Shoals in providing infrastructure to the site of CBC America's first manufacturing facility in the United States.

 

CBC America is a subsidiary of a Japanese-owned company that plans to build a plant in the Shoals Research Airpark in Muscle Shoals. The operation will focus on producing plastic injection molding materials for North American Lighting, which also operates at the airpark. CBC's plant will be built on 11 acres adjacent to North American Lighting.

 

CBC America officials say they want to start construction by the end of this month and begin production in September. The company announced last week the project will bring 125 jobs to the area, with an average salary of more than $18 per hour.

 

more...

 

[Florence Times Daily]


 


Raytheon lands $116 million contract for Patriot improvements, some work to be performed in Huntsville


on June 18, 2013 

 

Raytheon Co. has received a $116 million Army contract for engineering services on the Patriot Air and Missile Defense System.

 

The contract covers continuing enhancements on the Patriot system. Under the contract, issued by the U.S. Army Aviation and Missile Command at Redstone, Raytheon will provide systems analysis, software development, testing and logistics support, and other country-specific system requirements for those systems designed to be sold to foreign countries.

 

The company said the contract was awarded in Raytheon's first quarter of 2013, which ended in March.

 
more...

[al.com]

 

 


DAS North America, a Kia and Hyundai parts supplier, to break ground on new 300,000-square-foot Montgomery facility on Thursday


on June 17, 2013


MONTGOMERY, Alabama -- DAS North America, a Kia and Hyundai parts supplier, will break ground on its new 300,000-square-foot Montgomery facility on Thursday.

 

The supplier will bring 300 jobs and a $37 million capital investment to Montgomery, the Montgomery Area Chamber of Commerce released today.

 

Alabama Gov. Robert Bentley, Montgomery Mayor Todd Strange, Montgomery County Commission Chairman Elton N. Dean Sr., Montgomery County Commissioner Reed Ingram, Chairman Elect of the Montgomery Area Chamber of Commerce Board of Directors Leslie L. Sanders and DAS Corp. President and CEO Kyung-Ho Kang will be in attendance at the event slated for 2 p.m. at the Montgomery Industrial Park.

 

The groundbreaking site is located across the street from the Old Dominion Freight line building at 759 Industrial Park Blvd.

 

more...

 

[al.com]

 

 

 

 

 





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