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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:
$600 million contract boosts Carpenter's new Tanner plant
In Foley, raw land gives way for 'Blue Collar Country' development
CFD Research Corporation is 1st tenant to move into HudsonAlpha's new building along McMillian Park
Believe it: Legislature, public schools working together in Alabama to expand education
Three questions with our Entrepreneur Spotlight honorees
Mercedes-Benz decision launched a new era for Alabama (opinion from Greg Canfield)
Main Street Alabama Quarterly Training on Oct. 29

 


$600 million contract boosts Carpenter's new Tanner plant 

By Eric Fleischauer Staff Writer |

Oct. 4, 2013

 

With construction not even complete on its plant in Tanner, Carpenter Technology Corp. on Thursday announced a $600 million contract that could boost aerospace sales from the facility.

 

The contract also raises the possibility that Carpenter could add a $20 million expansion to its footprint in south Limestone County.

 

Carpenter announced a two-part agreement with United Technologies Corp.

 

The part of the agreement that definitely affects the Tanner facility - although not the number of employees or the start date - is a 10-year supply contract under which Carpenter will sell up to $600 million in specialty alloy-steel products to UTC's aerospace business units, which include Pratt & Whitney, UTC Aerospace Systems and Sikorsky Aircraft Corp.

 

more...

 

[Decatur Daily]

 

 


 

In Foley, raw land gives way for 'Blue Collar Country' development

on October 04, 2013 

 

FOLEY, Alabama -- The land, all 520 acres, slated to become Blue Collar Country is being groomed for development.

 

Tractors roared through the site on paths of clay dirt on a recent Thursday, while the work of removing trees and decades worth of debris was well underway.

 

If all goes as planned, the timbering that has already begun on the expansive plot of land along Baldwin 20 and the Foley Beach Express will give way to a sprawling 260-acre sports tourism destination.

 

Developers have said the project will include as many as three hotels, 71 retail stores, eight restaurants and 140 RV parking spaces. A promenade will circle one of six lakes leading visitors through themed retail and activity centers, according to Glenn Bilbo, a developer on the project for BC Foley LLC.

 

more...

 

[al.com]

 

 


 


CFD Research Corporation is 1st tenant to move into HudsonAlpha's new building along McMillian Park
on October 03, 2013

HUNTSVILLE, Alabama -- Winding through the hallways of the new 28,000-square-foot CFD Research office at the HudsonAlpha Institute for Biotechnology on Thursday, Director of Biomedical & Energy Technologies Sameer Singhal showed off the space he will soon share full-time with 79 other colleagues.

 

CFD Research, which operated on Wynn Drive since 1996 and became one of the original 12 tenants at HudsonAlpha in April 2008, is the first company to occupy the 88,000-square-foot facility that broke ground on the 153-acre campus in June 2011.

 

Two years ago, HudsonAlpha co-founder Jim Hudson told AL.com that he hoped it would be the first of "many buildings" at 701 McMillian Way, which has crisscrossing sidewalks that resemble a double helix or DNA strand.

 

more...

[al.com]

 

 

 


 


Believe it: Legislature, public schools working together in Alabama to expand education

By Alex Walsh | awalsh@al.com 

on October 04, 2013 

On Valentine's Day of 2013, the New York Times recognized an unlikely pairing with a headline in its education section: "In Alabama, a Model for Obama's Push to Expand Preschool."

 

It's true that early education expanded in Alabama this year. The state's effort to increase public access to pre-kindergarten for the state's 4-year-olds was boosted by $9.4 million in additional funding. Across the state, 93 new classrooms will be added in 2013, serving 1,600 of Alabama's youngest students.

 

The quality of pre-k education in those classrooms will be among the nation's highest. That's according to the National Early Education Research Institute, which says Alabama is one of just four states with "10-out-of-10" high-quality pre-k.

 

The initiative is backed by results, too - students in a southeastern Alabama town have shown remarkable results after graduating from a pre-k program.

 

more...

 

[al.com]

 

 


 

Three questions with our Entrepreneur Spotlight honorees
Ty West 
Managing editor-Birmingham Business Journal
Oct. 4, 2013

In this week's edition, we profiled our Entrepreneur Spotlight Awards honorees.

The awards recognize entrepreneurs and small business owners with a track record of success and potential for future growth.

 

As part of our profiles, we asked each honoree about their "aha" moment - the point in time when they knew they were on to something big. Subscribers can click here to check out that feature, which was this week's cover story.

 

But to get to further know this group of entrepreneurs that is doing big things in Birmingham, use the slideshow on the right to check out three quick questions with each honoree

 

more...

 

[Birmingham Business Journal]

 


 

 

 

Mercedes-Benz decision launched a new era for Alabama (opinion from Greg Canfield)

By Greg Canfield
on October 03, 2013 

Twenty years ago this past Monday, on Sept. 30, 1993, Mercedes-Benz announced plans to build its first U.S. factory in Vance, Ala. In just two decades, Alabama has transformed from a state with virtually no experience in auto production into the country's fourth largest auto producer, churning out nearly 900,000 vehicles a year.

 

Mercedes has done more than carve a path for the reinvention our state economy; it has truly transformed lives. Take for example Tanya Cabiness. When Tanya first stepped foot into the Mercedes plant on July 7, 1997, she was only 22. She left her job on the production line in a mobile home manufacturing plant to take a job with Mercedes. She spent time as a line worker, then moved up to become a team leader, and eventually a supervisor.

 

Today, Tanya is Assembly 1 manager for the C-Class project, giving her a key role in the launch of production of the sedan at the Alabama plant next year. Before working at Mercedes, she had never traveled outside the American South and had never been on an airplane. Since joining the company she has traveled extensively around the globe.


 

 more...

 

[al.com]

 

 

 

 

 

 

 

 

 

 

 

 

  

 


 

  

Main Street Alabama Quarterly Training

with Jon Schallert
 
 

 

 

Join Main Street Alabama and Jon Schallert on Oct. 29 in Gadsden for an upcoming training opportunity: The New Rules of Marketing Success: Capturing Today's Consumers as a Destination Business.

  

In this workshop, Jon shows how most businesses today make major marketing mistakes, instead of focusing on proven tactics to immediately drive more customer traffic and sales in their doors. 

  

 Attendees will also learn how any business can use his stragegy to both capture local customers and retain tax dollars locally, while pulling in customers from outside an area's immediate demographic marketplace.

  

Immediately following the workshop, Jon engages all attendees in a Marketing Roundtable that takes their current business challenges and shows them how his Destination principles can be applied to them.

  

Jon Schallert is an internationally-recognized speaker and business expert specializing in teaching businesses and communities how to turn themselves into Consumer Destinations.  Schallert speaks to thousands annually and his business stratgey has been used extensively by cities, towns, downtowns, shopping centers, retail chains, franchises, and independent entrepreneurs and owners.  Schallert's insights are frequently seen in national publications such as The Wall Street Journal, The Washington Post, and Entrepreneur Magazine.

  

Who should attend: Main Street Managers, Main Street Board of Directors, Committee Members (particularly promotions committee members), retail business owners, downtown advocates and economic development professionals.  This training is open and available to the public for $50 per attendee.
 
When: Tuesday October 29, 2013 from 10:00 AM to 5:00 PM CDT
Where: The Pitman Theatre 
629 Broad Street
Gadsden, AL 35901  

Click here for more information,  or contact
Mary Hellmer
Main Street Alabama 
205-910-8819  
  

  

 
 

 

 

 

 

 

 

 

 

 

  




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Val Walton
   
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