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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:
Gov. Bentley to chair National Governors Association economic development panel
When it comes to investing in Alabama's future, we can all do more (Opinion by Grayson Hall)
Airbus launches training for first 10 manufacturing-related hires at Mobile assembly line (video)
Speaker talks about countywide economic development
Huntsville, Montgomery among medium metros on U.S. list of best places for job-seeking veterans

 


Gov. Bentley to chair National Governors Association economic development panel 

October 30, 2013


MONTGOMERY - Governor Robert Bentley will share with other governors the story of Alabama's economic development success.

 

Governor Bentley is assuming the chairmanship of the Economic Development and Commerce Committee of the National Governors Association for the 2013-2014 year. Governor Bentley was asked to serve in this position by the NGA Chair, Oklahoma Governor Mary Fallin, who recognized the economic progress being made in Alabama.

 

"My administration is working every day to recruit new companies to Alabama and to help existing companies expand and hire more people," Governor Bentley said. "Our efforts are guided by Accelerate Alabama, which is a long-term strategic plan that we commissioned to help us better organize economic development and attract more jobs throughout the state. We've made several major economic development announcements over the last few years, and I look forward to sharing our story with governors from other states."

 

Governor Bentley also plans to highlight AIDT, Alabama's workforce training program that provides specialized training to thousands of Alabamians who receive jobs at new and expanding companies. AIDT (Alabama Industrial Development Training) is a division of the Alabama Department of Commerce.

 

more...

 

[madeinalabama.com]

 

 


When it comes to investing in Alabama's future, we can all do more (Opinion by Grayson Hall)

By Grayson Hall
on October 30, 2013

Regions is a large bank that plays a critical role in our communities. With 1,700 branches spread across 16 states, we are one of the nation's largest regional banks, making a positive difference in communities from South Florida to the nation's heartland as an internationally recognized Fortune 500 company. 

 

Yet the most important role we play is at home, in Birmingham and throughout the state of Alabama, where we impact so many lives on a daily basis. As our home community it receives a tremendous level of our focus and support.

 

Last year alone, our impact on the state of Alabama was profound and provided much needed support for economic recovery in the state.


more...

 

[al.com]

 

 

 

 

 


Airbus launches training for first 10 manufacturing-related hires at Mobile assembly line (video)

on October 30, 2013 

MOBILE, Alabama - The first 10 manufacturing-related employees hired to bringAirbus' A320 final assembly line under construction at Mobile's Brookley Aeroplexonline reported this week for orientation.

 

The $600 million facility, slated to deliver its first Mobile-assembled aircraft in 2016 andemploy 1,000 when it reaches full annual production of 40 to 50 planes by 2018, will bededicated solely to production of single-aisle A320 family aircraft.

 

All 10 of the initial hires - including six manufacturing engineers, three station managers and a quality conformance manager - hail from across the southeast with four plucked right from Mobile and Baldwin counties.



more...

[al.com]

 


 

 


Speaker talks about countywide economic development

By Emily Beckett

October 30, 2013

 

The process of economic development and its status in Chilton County were topics of Jim Searcy's speech at the Chilton County Chamber of Commerce's luncheon Tuesday.

 

As the new executive director of the Economic Development Association of Alabama, Searcy said his organization's mission is to educate and impact economic development in the state through professional development, legislative and government affairs and member services.

 

"Everybody has some interest in economic development," Searcy said.

 

He provided key elements in the overall process of developing an area's economy, including location of community, product of community, workforce, incentives and quality of life.

 

 

more...

 

[Clanton Advertiser]

 

 


 

Auburn Business Incubator launches virtual incubator program

Oct. 29, 2013
 

AUBURN UNIVERSITY - The Auburn Business Incubator has launched a virtual incubator program as an expansion of its programs to assist start-up and early stage companies.

 

Located in the Auburn Research Park, the Auburn Business Incubator is a full-service mixed-use incubator managed by the Auburn Research and Technology Foundation. The incubator is a technology-based program charged with the mission of assisting start-up and early stage companies in being successful by linking them to a network of services from the university and community.

 

Since opening in May of 2011, the success of the incubator has prompted the development of additional services designed to provide further assistance to start-up and early stage businesses operating within the local and extended communities.

 

"We have an increasing number of qualified companies expressing interest in the incubator that we cannot accommodate with physical space when we are at capacity, so we developed the virtual program to be able to service their needs," said John Weete, executive director of the Auburn Research and Technology Foundation.



more...

 


Auburn, Madison, Hartselle lead list of best places in Alabama to raise families

on October 30, 2013 

Auburn is the state champ, while Madison and Hartselle made the short list of the Best Towns in Alabama to Raise a Young Family, according to nerdwallet.com, a consumer finance site.

 

The website noted that beyond being a college town, Forbes Magazine ranks Auburn high for its job market, and Auburn High School was named fourth best in the state by U.S. News & World Report.

 

Only small cities and towns made the list of best places to raise a young family. Birmingham, Mobile, Huntsville and Montgomery were left out, though each had a suburb represented.

 

more...

[al.com]

 

 


Huntsville, Montgomery among medium metros on U.S. list of best places for job-seeking veterans

on October 31, 2013

HUNTSVILLE, Alabama - It may at times be an icy market for veterans seeking civilian employment, but a new study commissioned by USAA and the U.S. Chamber of Commerce Foundation's Hiring Our Heroes program says Huntsville and Montgomery are two of the best medium-sized metro areas for job-seeking, post-9/11 members of the military.

 

Ann Arbor, Mich. was named the best medium-sized metro area in the nation for veterans looking to find work, followed by Lexington, Ky. (No. 2) and Gainesville, Fla. (No. 3). Huntsville ranked No. 5 and Montgomery No. 9 on the 2013 "Best Places for Veterans: Jobs" list, created by Sperling's BestPlaces to help the armed forces make smoother transitions to civilian life.

 

The U.S. Bureau of Labor Statistics reports the unemployment rate for veterans under the age of 25 is nearly 20 percent, and overall unemployment for members of the military is 2 percent higher than the national average, which was 7.3 percent in August.


more...

 

[al.com]

 

  

 

 




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