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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:
Regions' New Economic Development Chief Wants to Work with Government
Pharmaceutical company's founder opens headquarters in Montgomery hometown
Mercedes nears completion of $70 million logistics center (photos)
Everything on schedule for barrels to roll out in May, 2014
Madison County Commission touring farms Thursday to see $1.8 billion industry
IPAK 'Honda Supplier of the Year'
Alabama Launchpad Winner BLOX to open Bessemer plant, hire 50 in 2 years
Radio talk show host Michael Baisden to speak at minority business luncheon
Phase two of UAB's unified branding campaign reaches out to students
CBER Economists See Slight Impact of U.S. Economic Problems on Alabama Forecast
ACE 2013 Star Awards Announced

 


 

Regions' New Economic Development Chief Wants to Work with Government

by CHRIS CUMMING

OCT 10, 2013 

 

Regions Financial (RF) has put its economic-development push in the hands of Jeff Rabren, a former Alabama legislative aide.

Rabren, already the head of state and governmental affairs for the Birmingham, Ala., bank, will add the job of head of economic development. He will direct Regions' efforts to create jobs and spur growth in its home state.



Rabren's two roles are related, he says. He hopes that Regions can work with government agencies and nonprofit groups to make Alabama more friendly to businesses. The bank is working with several state economic-development associations, as well as with Gov. Robert Bentley's office and local chambers of commerce, Rabren said.

 

more...

 

[American Banker]

 

 

 

 

 


Pharmaceutical company's founder opens headquarters in Montgomery hometown 


A national pharmaceutical management company celebrated the opening of its headquarters Thursday after $1.7 million in renovations to the former BBVA Compass building on East Boulevard in Montgomery.

 

It's the new home of Mims Management Group, which is the parent company of two other pharmaceutical groups. The move creates at least 50 jobs.

 

"There's probably about 50 or 60 offices, and we're occupying 25 to 30 of them right now, so we've got plenty of room to grow," MMG founder and Montgomery native Daniel Mims said.

 

more...

 

[Montgomery Advertiser]

 

 

 

 


Mercedes nears completion of $70 million logistics center (photos)

By Dawn Kent Azok | dazok@al.com 

on October 10, 2013 

 

VANCE, Alabama -- Work on a new logistics center next to the Mercedes-Benz auto assembly plant in Tuscaloosa County is about three-fourths complete.

 

The $70 million, 900,000-square-foot facility is designed to support the receiving, handling and sequencing of parts for the luxury vehicles produced in Vance.

 

Once operational, the building is expected to see about 240 inbound trucks per day, moving at least 20,000 bins containing about 2.9 million parts each day.

 

Birmingham's B.L. Harbert Construction is the construction manager for the project.

 

more...

 

[al.com]

 


Everything on schedule for barrels to roll out in May, 2014 

By Ginger Grantham News Editor 

October 10, 2013 

 

May 1, 2014, is the target date for Jack Daniel Cooperage to roll out its first barrel that will be trucked to the distillery in Lynchburg, Tennessee.

 

"That is our original target date," said Mike Beach last week. He is project manager for the site. "This has been a great experience. There have been very few delays and everyone has been cooperative."

 

The main building in Mallard-Fox West Industrial Complex in Lawrence County is already complete. Machinery is being installed.

 

"We will be hiring in stages according to our plan," Beach said. "The workforce here is good."

 

more...

 

[Moulton Advertiser]

 


Madison County Commission touring farms Thursday to see $1.8 billion industry

on October 10, 2013 

MADISON COUNTY, Alabama -- Madison County Commissioners are on a rolling bus tour Thursday to hear and see the $1.8 billion dollar agriculture industry of Madison County that produces more than 25,000 jobs annually.

 

The Madison County Soil and Water Conservation District sponsored the tour and wants commissioners to know agriculture's local impact as well as the mechanical equipment changes of farming.

 

"This is big, important business for Madison County," said Kathy Walker of the Soil and Water Conservation District. "We expect a bumper corn crop, this year. On our tour we'll visit the latest grain processing 



more...

[al.com]

 

 

 

 

 

 

 

 

 

  

 


 

IPAK 'Honda Supplier of the Year'
Oct 10, 2013 
 
PELL CITY - Honda of North America officials traveled from Ohio to present a local company with the prestigious "Honda Supplier of the Year" award. 

"This is a great place to honor you," Mike Wallace, associate chief advisor of Honda of America Manufacturing Inc., of Marysville, Ohio, told IPAK of Alabama employees on the floor of the Pell City plant Thursday morning. 

IPAK, which is in the Pell City Industrial Park, produces packaging to protect Honda automobile parts for all of Honda of North American central region and Canada manufacturing facilities. 

Rita Schwer, HAM project leader for the 2013 Honda Accord, said IPAK exceeded HAM's expectations in quality and service.  

more...
 

 

 

 

 

 

 

 

 

 

  

 


 


Alabama Launchpad Winner BLOX to open Bessemer plant, hire 50 in 2 years
Ryan Poe Reporter-Birmingham Business Journal
Oct 10, 2013

Birmingham-based health care construction company BLOX LLC, an Alabama Launchpad Start-Up Competition recent winner, plans to open in May 2014 a new plant in Bessemer, creating 50 jobs in the next two years.

 

BLOX, which has been operating a pilot project at a former DeShazo Crane facility in Bessemer, plans to lease 65,000 square feet in Bessemer's Interstate Industrial Park, which is in the old Pullman Standard plant, AL.com reported today.

 

The company, which has about 25 employees, is seeking under $40,000 from Bessemer in the form of sales and use tax abatements for the purchase of new equipment, said Jefferson Traywick of theBirmingham Business Alliance

 

The company expects to employ 46 people in the first year, 75 in the second and 80 in the third.

The root idea behind BLOX - that you can build rooms then ship them for installation, cutting costs and improving quality - won $50,000 in September at the Alabama Launchpad competition, as we reported then.

 

more...

 

[Birmingham Business Journal]

 

 

 

 

 

 

 

 

 

 

  

 


 

Radio talk show host Michael Baisden to speak at minority business luncheon
on October 10, 2013 

MOBILE, Alabama -- The Mobile Area Chamber of Commerce and the MBDA Business Center of Mobile will host their luncheon for minority businesses at the Renaissance Mobile Riverview Plaza Hotel. 

 

Radio talk show host Michael Baisden will speak at a minority business luncheon on Oct. 17 at the Renaissance Mobile Riverview Plaza Hotel. 

Radio talk show host Michael Baisden will speak about entrepreneurship at the event on Oct. 17.  Baisden is an author, radio personality and TV show host. The cost to attend is $60.

 

The organization will also present awards to members who have shown significant growth in several areas of business performance, chiefly financial sustainability, job creation and employee retention. 


more...

 

[al.com]

 

 

 

 

 

 

 

 

  

 


Phase two of UAB's unified branding campaign reaches out to students

Oct. 10, 2013

  

The University of Alabama at Birmingham today launched the student recruitment phase of its unified branding campaign, sharing the "UAB: Knowledge that will change your world" message with future doctors, artists, entrepreneurs and others who will choose from a variety of professional paths that begin at UAB.

 

The 30-second student recruitment TV spot, which will appear in key markets around the state and region, asks "What do you want to be? What do you want to change today?"

 

UAB helped answer these questions for sophomore public health major and University Honors Program member Asia Sullivan, who was featured in the TV spot and plans to be a surgical physician assistant.


 more...

 

 

 

 

 

 

 

  

 


 

CBER Economists See Slight Impact of U.S. Economic Problems on Alabama Forecast
on October 10, 2013 

The Alabama economy is expected to grow around 2.0 percent during 2013, according to the fourth quarter forecast update from the Center for Business and Economic Research (CBER) in The University of Alabama's Culverhouse College of Commerce. 

 

With federal spending cutbacks and now the budget impasse hitting some areas of the state pretty hard, that's a weaker forecast than the 2.2 percent annual growth forecast last quarter.  Still, the state's anticipated increase in real GDP is better than the 1.5 percent gain forecasted for the U.S. economy this year by IHS Global Insight.

 

 Economic activity should accelerate in 2014, when Alabama's real GDP is expected to increase by about 3.0 percent.  

 

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ACE 2013 Star Awards Announced

 

 

 The Alabama Communities of Excellence (ACE) presented the 2013 ACE Star Awards at the annual Alabama Community Leadership Network (ACLN) Conference Award Luncheon on Oct. 8 in Auburn.

 

The ACE Star Awards recognize those individuals who have performed above and beyond the call of duty and embody the principles of the ACE Program, which is a comprehensive development program designed to assist Alabama's smaller communities in their efforts to plan, grow and prosper.

 

The 2013 ACE Star Award recipients are:

o   Toni McKelvey, Outstanding Local Coordinator (Monroeville)

o   Ray Nelson, Outstanding Mayor (Fayette)

o   Tammy Perry, Outstanding Volunteer (Heflin)

o   Linda Swann, Exceptional ACE Leadership (Alabama Department of Commerce)

 

These "rising stars" bring outstanding leadership and a passion for small-town Alabama to all that they do.  They are recognized for their commitment to making their communities better places and for their support of the ACE process.  ACE offers towns a "one stop shopping" experience-making community development programs and tools needed to insure long term success available through one organization.

 

The Alabama Communities of Excellence (ACE) is a nonprofit organization created in 2002 for the purpose of utilizing the collective expertise of its partner organizations.  Throughout the ACE process, ACE Partners work with each community to successfully achieve their goals. The ACE program would not be possible without the funding, hard work and participation of the ACE Partner organizations.

 

ACE Partner organizations include: Alabama Association of Regional Councils (AARC), Alabama Department of Commerce, Alabama Department of Economic and Community Affairs (ADECA), Alabama Historical Commission, Alabama League of Municipalities (ALM), Alabama Municipal Electric Authority (AMEA), Alabama Power Company, Alabama Department of Public Health, Auburn University Economic & Community Development Institute (ECDI), Economic Development Association of Alabama (EDAA), Goodwyn, Mills & Cawood, Regions Financial Corporation, Southeast Alabama Gas District,Troy University, the University of Alabama Center for Economic Development (UACED), and the University of West Alabama.

 

Twenty-six communities have previously been certified as Alabama Communities of Excellence and are located throughout Alabama. In the southeast, Eufaula, Evergreen, Headland, and Valley are certified ACE Towns. In the southwest, Atmore, Brewton, Demopolis, Foley, Gulf Shores, Jackson, Livingston, Monroeville, and Thomasville have completed the process. In central Alabama, Childersburg, Graysville, Millbrook, Leeds, and Montevallo are part of the program. North Alabama boasts the following ACE Towns: Arab, Fayette, Guin, Guntersville, Haleyville, Hartselle, Heflin, and Jacksonville.

 

These select communities are joined by six new towns working through the process of becoming certified as ACE Communities: Alexander City, Elba, Fairhope, Helena, Rainsville, and Saraland.

 

To learn more about Alabama Communities of Excellence, please visit www.alabamacommunitiesofexcellence.org<http://www.alabamacommunitiesofexcellence.org>.

 

 

 

 

 

 

 

 

 

 

 

 

 

  




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