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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:
Steel tubing and pipe manufacturing company announces plans to build facility, create 100 jobs in Lawrence County
County abates $660K for Mach III expansion
Record $97 million in research expenditures at UAH underscores ties with Department of Defense, NASA
Barbour County Commission talks industry, new jobs
Alabama-made M-Class becomes first Mercedes to earn top IIHS safety award (crash test video)
AT&T expands coverage in Chilton County

 


 

 

Steel tubing and pipe manufacturing company announces plans to build facility, create 100 jobs in Lawrence County
on October 09, 2013

TRINITY, Alabama - Almost a month after Lawrence County's largest employer International Paper unveiled plans to close its Courtland paper mill, Gov. Robert Bentley announced a new development coming to the area.

 

IT-TRI LLC plans to invest up to $68 million to build a new steel tubing and pipe manufacturing plant in the Mallard Fox West Industrial Complex in Trinity. The company expects to bring 100 new jobs to the area before 2016 and break ground on the plant this fall with the goal of operating by the end of 2014.

 

"Having two raw material suppliers in Alabama, Nucor Steel in Decatur and U.S. Steel in Birmingham, and due to the growing Southern demand for pipe, the company began looking at sites in the Southeast United States for this new plant," said Rick Werner, the company's president. "The ease of dealing with the Industrial Development Board of Lawrence County and the state of Alabama helped solidify the company's decision to acquire 75 acres in the Mallard Fox West Industrial Complex in Lawrence County."

 

The Lawrence County Industrial Development Board expects the hiring process to begin during the first quarter of 2014.


more...

 

[al.com]

 

 

 

 

 

 


 

County abates $660K for Mach III expansion

By Tiffeny Owens The Cullman Times

October 9, 2013

 

The Cullman County Commission approved a $660,000 tax abatement Tuesday for a new facility for an industrial machine shop in the Battleground area.

The county will abate all taxes except those for education for the next 10 years for Mach III, Inc., a secondary supplier to local automanufacturers. The abatement will cover new equipment and machinery at its location on Cullman County 1101. The company has been in business for the past 13 years after being started by Brian Willingham, Bruce Willingham, and Roy Manley.

"We're going to be moving new equipment in this week, and we hope to be up and running within the month," said Manley,  Mach III vice president. "We're going from being in two buildings with a combined 5,000-square-feet to one 12,000-square-foot building." 

 

 

more...

 


Record $97 million in research expenditures at UAH underscores ties with Department of Defense, NASA

on October 09, 2013

HUNTSVILLE, Alabama - Research funding at the University of Alabama in Huntsville reached a record high in the 2013 fiscal year and makes up almost half of the school's budget, UAH officials said today.

 

In a presentation to the University of Alabama System Board of Trustees UAH committee today, Vice President for Research Ray Vaughn said the school had $97.36 million in sponsored research expenditures in 2013.

That exceeded the record of about $97 million set in 2007.

 

"My rule of thumb at a research university, if you spend a third of your money on education, a third of your money on research and a third of your money on running the physical plant, you're doing a good job," UAH President Robert Altenkirch said. "Our budget is slightly over $200 million and we're spending almost half of it on research.

"To maintain that is pretty impressive. Those numbers are what drive the Carnegie classification (which has designated UAH a Tier 1 research university)."

 
more...

[al.com]

 

 


Barbour County Commission talks industry, new jobs 

By Anastasia Scarborough

October 9, 2013

 

The Barbour County Commission talked industry and new jobs for the county Tuesday night.

Johnson Outdoors Marine Electronics will soon add 10 -15 new jobs to the local economy with a 10,000 square feet addition to their building on State Docks Road.

 

 Commissioner Frank Straughn recommended to the commission a tax abatement for the business. He stated the Barbour County Industrial Development Board approved the abatement Sept. 17. This agreement would entail a 10-year non-education property tax abatement and a 3-year sales tax abatement.

 

Straughn stated that the addition will be a $5 million project.

 

Jim Bradley, the Eufaula-Barbour County Chamber of Commerce director of economic development, stated Wednesday morning, "These (10 -15) jobs will be very high salary jobs ... mostly engineers."


more...

 

[EufaulaTribune.com]

 


Alabama-made M-Class becomes first Mercedes to earn top IIHS safety award (crash test video)

on October 09, 2013 

The 2014 Mercedes-Benz M-Class SUV, which is produced in Tuscaloosa County, has become the automaker's first model to earn the top safety award from the Insurance Institute for Highway Safety since it added a challenging new crash test last year. 

 

The M-Class was named a Top Safety Pick Plus, scoring a "good" rating in the small overlap front, moderate overlap front, side, roof strength and seat/head restraint evaluations.

 

Beginning in August, Mercedes reinforced the SUV's door sills to improve protection of the occupant in the small overlap front crash test, which IIHS began last year.

 

It replicates what happens when the front corner of a car collides with another vehicle or object like a tree or utility pole.

 

 

more...

 

[al.com]

 

 

 

 

 

 

 

 

 

 

  

 


AT&T expands coverage in Chilton CountyBy Emily Etheredge

By Emily Etheredge

October 8, 2013


Alabama AT&T President Fred McCallum brought good news to many AT&T customers in Chilton County hoping for fewer dropped calls and improved cell phone coverage.

 

"Customers wanted more broadband and more mobility," McCallum said. "We are in the process of doing just that."

 

McCallum spoke during an AT&T statewide investment announcement on Tuesday at the Performing Arts Lobby at Jefferson State Community College Clanton campus.

 

McCallum, who has worked with AT&T since 1987, spoke about the ever-changing market of technology.

 

"When I first started with AT&T the big news was when we turned on call waiting," McCallum said. "The speed of change continues to get faster and faster."

 

more...

 

 

 

 

 

 

 

 

 

  




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