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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:
Carpenter plant positioned for future incentives
McClellan Industrial Park receives state designation
Mobile's Terracon office wins Airbus' latest A320 final assembly line contract from Hoar Program Management
Chilton County Airport plans $2.6 million expansion, renovation
GEO-Energy-Cyber Huntsville to hold 2-day summit at U.S. Space & Rocket Center in November
A Korean based company with its American roots in Auburn is planning to expand
UAB President Ray Watts discusses how the university will help drive economic development in state (video)
Southern mayors wrap up China trip

 


 

Carpenter plant positioned for future incentives

By Bayne Hughes Staff Writer |

Oct. 22, 2013

 

ATHENS - Carpenter Technology's Tanner plant Monday was designated an industrial park, which would allow the company to seek tax abatements and other incentives in the future.

 

The Limestone County Commission approved the designation of the 230-acre property at the company's request.

The County Commission also awarded contracts on construction and widening of Thomas Hammonds Road, where the new alloy steel plant is located. The plant is scheduled to open next year.

 

County attorney Mark Maclin said the industrial park designation prevents non-industrial property from locating nearby and taking advantage of infrastructure conducive to the industry.

 

 

more...

 

[Decatur Daily]

 

 

 


 

McClellan Industrial Park receives state designation
By Patrick McCreless
pmccreless@annistonstar.com
Oct 21, 2013 

Area economic developers should have an easier time recruiting industries and jobs to McClellan due to a state designation a portion of the site earned today. 

The Economic Development Partnership of Alabama, which works to attract and maintain industry in the state, announced today that about 58 acres of the McClellan Industrial Park received its Alabama AdvantageSite designation. Local economic developers say they can use the designation as a marketing tool to show industries that the site is ready for development.

"It makes the site more marketable by showing a company or consultant that we've gone through all our due diligence," said Don Hopper, executive director of the Calhoun County Economic Development Council.

more...

 

 

 


Mobile's Terracon office wins Airbus' latest A320 final assembly line contract from Hoar Program Management

on October 21, 2013

 

MOBILE, Alabama - Hoar Program Management has awarded the Mobile office of Terracon Consultants Inc. the latest Airbus A320 final assembly line contract atBrookley Aeroplex.

 

Specifically, Terracon will provide construction material testing and special inspections to support the prime contractor for the $600 million project's Package A which includes the final assembly line hangar, logistics building and service building.

 

"We have selected a nationally recognized firm with local experience and look forward to working with this highly qualified team," Mike Lanier, president of Birmingham-basedHoar Program Management, said of the latest consultation contract.

 
more...

[al.com]

 


 

 


Chilton County Airport plans $2.6 million expansion, renovation

on October 21, 2013

The Chilton County Airport will break ground Tuesday on a $2.6 million expansion and renovation project that is expected to give a lift to economic development efforts in the region.

 

The project will support services for residents and provide more resources for businesses, according to the Birmingham Business Alliance.


Officials from the city of Clanton and Chilton County are expected to attend the groundbreaking.


more...

[al.com

 

 

 


 


GEO-Energy-Cyber Huntsville to hold 2-day summit at U.S. Space & Rocket Center in November 
on October 21, 2013 

HUNTSVILLE, Alabama - The "Cyber Location Nexus" will be speaker Christopher Tucker's main discussion point next month during a keynote address held in conjunction with a two-day Summit that will focus on technology supporting national security and energy independence.

 

The Summit from Nov. 14-15 will explore the collaboration between GEO Huntsville, Energy Huntsville and Cyber Huntsville, all three of which are economic development initiatives supported by Huntsville Mayor Tommy Battle.

 

The event, designed to provide networking opportunities for startups, small companies and prime contractors, will be held in the Davidson Center for Space Exploration at the U.S. Space & Rocket Center.

 

"The Summit will feature plenary panel sessions from senior executives from organizations such as the TVA, Alabama Power, Intergraph, UAH, Auburn University, AEgis Technologies and many others," a news release announcing the event said.


more...

 

[al.com]

 

 

 

 


 

A Korean based company with its American roots in Auburn is planning to expand. 

By Annie Hubbell - bio | email

Oct. 21, 2013

 

 Seohan Auto USA Corporation is in its planning stages of building a second facility creating initially 50 jobs and investing millions of dollars into the local economy.   

"They will be in a manufacturing environment, but any kind of operation has those people work maybe doing the machinery as well as those who set up the machines and the managers and engineers. A full range of jobs will be provided as a result of their investment in Auburn," explains City of Auburn's Director of Economic Development, Phillip Dunlap.

 

Seohan has been located in Auburn since 2008 and currently employs about 240 people.

 

more...

 

[wtvm.com]

 

 

 


UAB President Ray Watts discusses how the university will help drive economic development in state (video)

 

Oct. 21, 2013

 

In his inaugural State of the University Address, UAB President Ray L. Watts, M.D., discusses highlights over the past year, strategic planning and priorities for the future, and outstanding opportunities lying ahead for UAB, Birmingham and Alabama. 

 

Watts, a Birmingham native who served previously as dean of UAB's School of Medicine, was appointed UAB president on Feb. 8. 

 

"Innovation, entrepreneurship and collaboration will be the hallmark of everything that we do because we know that those create great works beyond any of us as individuals," Watts said in his Oct. 17 address. 

 

 

more...

 

[UAB News]

 

 

 

 


 

 

 


 

Southern mayors wrap up China trip

By Lance Griffin

Oct. 21, 2013

 

A group of Southern mayors and other elected officials, including Dothan Mayor Mike Schmitz, wrapped up a barnstorming economic development trip to China and Hong Kong on Monday.

 

During the 10-day trip, the group met with chief executives of several large manufacturers in China and took part in seminar presentations to between 480 and 500 Chinese businesses that have expressed interest in United States expansion or investment.

 

Schmitz said the trip was draining, but successful.

 

"I think we came here for two goals," Schmitz said Monday night via Skype with the Dothan Eagle. "One was to meet a lot of manufacturing companies and businesses and invite them to our symposium and I think we were greatly successful. Second was to continue our relationship with the 3D printing company that visited us earlier, and I believe this could turn out to be something very positive for Dothan."

 

more...

 

[Dothan Eagle]




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