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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:
Industry with $2 million payroll could be one step closer in Childersburg
Health sciences, culinary, STEM programs to expand at Shelby County Schools
Menefee, Marks win excellence awards
NASA tests 3-D printed rocket part at Alabama's Marshall Space Flight Center.
Alabama Power among best utilities for economic development, Site Selection reports
Registration underway for Alabama's only Innovation Conference

 


 

Industry with $2 million payroll could be one step closer in Childersburg
By Bill Kimber
Sept. 03, 2013
 
A new industry with 25 jobs and a $2 million payroll could be one step closer to reality in Childersburg, following action by the City Council Tuesday evening. Council members voted to grant tax abatements requested on behalf of Alabama Green Lubricants, which would build in the Childersburg Industrial Park. 

If built, the industry would represent a $49.5 million investment, said Calvin Miller, executive director of the Talladega County Economic Development Authority. Miller asked the council to approve a resolution exempting the industry from paying state and local property taxes not earmarked for schools for 10 years, as well as construction-related sales taxes and mortgage and recording taxes. School taxes would not be exempted.

Miller said the industry targets having 25 employees and a $2 million payroll after two years of operation.

more...
 

 

 


Health sciences, culinary, STEM programs to expand at Shelby County Schools

By STEPHANIE BRUMFIELD / Staff Writer

September 3, 2013 

 

With economic development data continuing to suggest growth in the health care, hospitality and science and technology-related industries, the Shelby County School District has been working to expand programs within its middle and high schools to prepare students for the workforce.

 

Rene Day, career tech coordinator for Shelby County Schools, said the goal of expanding these programs is to help students prepare for the future by increasing their job opportunities and providing them skills they will use in post-secondary education opportunities.

 

"We are looking at what students are telling us, what economic indicators are telling us and where the jobs are going to be, and we're trying to put things in place that will get them as ready as possible for that next step," Day said.

 

more...

 

[Shelby County Reporter]

 

 

 


 

Menefee, Marks win excellence awards

From staff reports

September 4, 2013

 

 Limestone County Commission Chairman Stanley Menefee and Athens Mayor Ronnie Marks have received the Michael D. Roberts North Alabama Excellence Award for their contributions to economic development in Alabama, North Alabama and Limestone County. 


The North Alabama Industrial Development Association presented the award at its annual conference in Huntsville. An original blown glass "Flame of Excellence" by artist Hans Godo Frabel of the Frabel Studio in Atlanta symbolizes the award.

Menefee and Marks have been credited with being instrumental in the process of locating the new $500 million Carpenter Technology specialty alloy plant to Limestone County in 2012. 


more...


 

 

 

 

 

 


NASA tests 3-D printed rocket part at Alabama's Marshall Space Flight Center

September 3, 2013

 

HUNTSVILLE, Alabama - NASA's largest 3-D printed rocket engine component generated a record 20,000 pounds of thrust during a test at Huntsville's Marshall Space Flight Center, which has long played a vital role in the U.S. space program.

 

According to the space agency, the Aug. 22 test in Alabama represented a "milestone" for reducing the cost of space hardware. The component tested during the engine firing was an injector, which delivers propellants to power an engine and provide the thrust necessary to send rockets to space.

 

During the test, liquid oxygen and gaseous hydrogen passed through the injector into a combustion chamber, creating 10 times more thrust than previously 3-D printed injectors. According to early data, the injector worked flawlessly with pressures of up to 1,400 pounds per square inch and at almost 6,000 degrees Fahrenheit.

 

Additive manufacturing, as 3-D printing is also called, costs less in large part by reducing the number of components in manufactured goods. The recently tested injector, manufactured using a technique called selective laser melting, has only two parts, compared to similar injectors that had 115 parts.

 

 

more...

 

[madeinalabama.com]

 

 

 

 

 

 

 

 

 


 


Alabama Power among best utilities for economic development, Site Selection reports
on September 03, 2013 

BIRMINGHAM, Alabama - Alabama Power Co. is one of the top 10 U.S. utilities for economic development, according to a list published in the September issue of Site Selection magazine.

 

The magazine considered factors including corporate activity in the utilities' markets, programs and incentives for business, energy efficiency and renewable energy programs and the utilities' investments in infrastructure.

Alabama Power's economic development team helped bring 3,832 new jobs to its territory in 2012, and more than $2.3 billion in investment, the magazine noted.

 

"Today the utility's economic development team, led by Ken Novak, vice president of economic and community development, continues to support projects such as the blockbuster Airbus project going to Brookley Field in Mobile and continuing success at the state's steel makers and three automotive assembly plants operated by Mercedes, Hyundai and Honda," the magazine reports.

 

more...

[al.com]

 

 

 

 

 


 

             Registration underway for Alabama's only Innovation Conference

 

Join the Economic Development Partnership of Alabama on Sept. 26-27 for the third annual Alabama Launchpad Innovation and Entrepreneurship Conference that strives to celebrate the entrepreneurs and job creators who launch startups that help drive economic growth in the Alabama. We have a great lineup of speakers, including Gov. Robert Bentley and Alabama native Ted Alling, one of the South's leading entrepreneurs and managing partner of the Lamp Post Group, where he actively recruits and mentors other entrepreneurs. 

 

                                 

 

For conference agenda and more details visit the main conference website:

 

 

 

Registration pageRegister Now

 

 

 

Samford University grad Ted Alling, CEO Access America Transport

 

Brad Feld, TechStars co-founder.

 
 
William C. Taylor, Editor Fast Company

 

Andrew Chang, UPS Marketing Director

 


 

 

 

    

 

 




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Val Walton
   
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