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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:
Weyerhauser to reopen in Evergreen.
Alabama Commerce Chief: 'We're going to see the type of achievement that will better equip students'
Innovation Depot's Matlock announces retirement as CEO
Huntsville chamber in early talks of pursuing growing semiconductor manufacturing industry
Crews to start construction on $20 million Belk at Huntsville's Bridge Street in coming weeks

 


Weyerhauser to reopen in Evergreen

By Staff Reports

August 23, 2013

 

 A lumber products facility north of Brewton will reopen immediately, with plans to hire 100 new employees by the end of next year, Weyerhauser announced Friday.

The company plans to re-start production on its Trus Joist TJI joists and Microllam LVL lines in Evergreen effective immediately.

 

Company officials said Weyerhauser will be investing capital in the engineered lumber products facility, which closed four years ago because of weak wood products demand in North America.

 

more...

 

[Brewton Standard]

 

 


Alabama Commerce Chief: 'We're going to see the type of achievement that will better equip students'


on August 22, 2013

 

MOBILE, Alabama - The Mobile area is certainly no stranger to international trade, but Alabama Commerce Chief Greg Canfield explained Thursday why small businesses remain the lifeblood of any economy.

 

"I'm in a market that understands international trade. After all, you have the deepwater port that opens Alabama products and goods to the world," Canfield told a sold-out crowd for the Mobile Area Chamber of Commerce's 2013 Business Expo luncheon at the Arthur R. Outlaw Convention Center.

 

The role of the state commerce department, however, is not exclusively to recruit new industry to Alabama, but to leverage an arsenal of resources toward supporting the micro- and small businesses that sell Alabama to the world one product and service at a time, he said.

 

more...

 

[al.com]



 

 


 

Innovation Depot's Matlock announces retirement as CEO
on August 22, 2013 

BIRMINGHAM, Alabama - The woman at the helm of theInnovation Depot even before it was the Innovation Depot plans to retire next year.

 

Innovation Depot, the downtown Birmingham business incubator that has garnered global attention and recognition, announced today that Susan Matlock has decided to retire as the chief executive and president at the end of the first quarter of 2014. Matlock will be replaced by Devon Laney, the current chief operations officer at Innovation Depot.

 

Matlock announced her intention to retire at the Aug. 19 meeting of the Innovation Depot's board of directors. The board unanimously approved Laney as Matlock's replacement.

 

more...

 

[al.com]

 

 


 

Huntsville chamber in early talks of pursuing growing semiconductor manufacturing industry 

Lucy Berry | lberry@al.com

on August 22, 2013 

HUNTSVILLE, Alabama - Semiconductor manufacturing may be a foreign concept to many Huntsville residents, but chances are, the integrated circuits have played a crucial role in their daily electronics use for years.

 

"Semiconductors are chips," said Deloitte Principal Darin Buelow. "They are in cameras, toys, phones. They are the brains of microprocessors."

 

Buelow, who presented Thursday a chamber-funded study to determine what the city's infrastructure and workforce needs are to become an industry player, said he believes semiconductor manufacturing is the missing component in Huntsville's already strong engineering, biotechnology and computer science climate.

 

"I believe (semiconductor manufacturing) is the missing part of Huntsville's game," Buelow told board members of the Chamber of Commerce of Huntsville/Madison County on Thursday. "Huntsville has a lot of ingredients that most other communities would love to have."

 

more..

 

[al.com]

 

 


 

Crews to start construction on $20 million Belk at Huntsville's Bridge Street in coming weeks (photos)
on August 22, 2013

HUNTSVILLE, Alabama - Nearly a year after Belk announced it would invest $20 million on a new two-level, 170,000-square-foot freestanding store at Bridge Street Town Centre, crews are preparing to start construction on the structure in mid-October.

 

This summer, crews worked to fill the former scenic, manmade lake at Bridge Street's west side to raise the site elevation to begin work on the infrastructure this fall.  

 

The new Belk department store, which will replace the location at Madison Square Mall, will join its 210,000-square-foot sister flagship store at Parkway Place Mall when it opens in fall 2014.


more...

 

[al.com]

 




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