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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:
Alabama investment by Japanese firms tops $4 billion as expansions continue
Montgomery to welcome new corporation, 200 jobs
Airbus, Hoar Program Management host first of three 'Watch Me Grow' field trips to A320 final assembly line
Airbus rising: 'It's coming out of the ground and coming to life' (photos)
Montgomery to celebrate $265 million invested by area businesses, 909 jobs created with Friday bus tour
UWA receives $100k Delta Regional Authority Grant
Auburn University solicits $5 million from state to rebuild, expand facilities for aviation program
Foreign investment follows typical pattern
Dothan could help bring Chinese investment to U.S
Innovators with an entrepreneurial spirit will be on display at UA's Innovation Day Nov. 15

 


Alabama investment by Japanese firms tops $4 billion as expansions continue


MONTGOMERY, Alabama - As Governor Robert Bentley begins four days of talks with Japanese corporate leaders on an economic development mission, business ties between Alabama and the Asian country are strengthening as several Japanese firms add new investment to expand their operations in the state.

 

In Alabama, many Japanese manufacturers have found a U.S. base where they can grow and do what they do best - make products ranging from automobiles and engines to chemicals and carbon fibers, from water heaters and work gloves to vitamins and food products.

 

Honda and Toyota, gold-plated Japanese corporate names, have established large operations in Alabama, and both have expanded multiple times. A large auto supplier network has sprung up in Alabama, with many parts-makers also in growth mode. One example: HTNA, which produces carpet and interior trim products for automakers, is adding 100 workers in Alabama after investing nearly $27 million in a new, larger facility in Jasper.

 
more...

 

 


Montgomery to welcome new corporation, 200 jobs

Nov. 12, 2013

 

Montgomery officials today will announce the arrival of a new "200-job corporate operation" in the Capital City, according to a news release.

 

The announcement is set for 1:30 p.m. at Capitol Commerce Center, a six-story office building near Atlanta Highway and Interstate 85. The building, once the home of Colonial Bank, now houses several companies, including All Med Physicians, HP Enterprise Services and XPO Logistics.

 

A property listing by John Stanley & Associates Inc. says Capitol Commerce Center is also the home of "another tenant to be named." The building's directory lists a fifth-floor space as "occupied" with no further details.

 

more...

 

[Montgomery Advertiser]

 

 


 

Airbus, Hoar Program Management host first of three 'Watch Me Grow' field trips to A320 final assembly line 
on November 11, 2013

MOBILE, Alabama - Micah Sanders studied the A320 on the screen intently before carefully sketching his own version.

 

"This is really cool," said Sanders, glancing back and forth quickly between the photo of the single-aisle passenger jet and his own rendering.

 

Sanders was one of more than 100 students from Dr. Robert W. Gilliard Elementary School's third-grade class invited recently to the site of Airbus' future A320 final assembly line at Mobile's Brookley Aeroplex.

 

The outing, the first of three "Watch Me Grow" field trips scheduled between the Brookley neighborhood school and its Partner in Education Airbus Americas Inc., was designed to introduce students to the massive facility under construction in what amounts to their backyards while giving them an inside look at what to expect as the assembly line takes shape.

 

more....

 

[al.com]


 

 

 

 


 

Airbus rising: 'It's coming out of the ground and coming to life' (photos)
on November 11, 2013

MOBILE, Alabama - Surrounded by acres of red Alabama clay, Airbus' newest A320 final assembly line is finally visible to passersby at Mobile's Brookley Aeroplex.

 

"It's coming out of the ground and coming to life," Jay Daily, vice president of business development for Hoar Program Management, told AL.com on a recent site visit for a construction update.

 

Toulouse, France -based Airbus broke ground April 8 on the $600 million facility, its first on U.S. soil. Expected to deliver its first Mobile-assembled A320 family aircraft in 2016, the final assembly line is expected to employ 1,000 when it reaches full annual production of 40 to 50 aircraft by 2018.

 

 

more...

 

[al.com]

 

 

 

 


Montgomery to celebrate $265 million invested by area businesses, 909 jobs created with Friday bus tour

on November 11, 2013 

MONTGOMERY, Alabama -- Montgomery will celebrate the successes of local businesses that have invested more than $265 million and created 909 jobs in 2013 with a bus tour on Friday.

 

The city of Montgomery, Montgomery County Commission, the Industrial Development Board of the City of Montgomery and the Montgomery Area Chamber of Commerce are partnering for the fourth annual Success Starts Here tour, which highlights existing local businesses that have made significant capital investments in 2013.

 

The four companies highlighted on this year have made more than $55 million in capital investments and have created 133 jobs collectively, the Chamber released.

 

more....

[al.com]
 

 

 

 

 


UWA receives $100k Delta Regional Authority Grant

By Betsy Compton

November 8, 2013


Governor Robert Bentley and Congresswoman Terri Sewell recently announced the award of a $100,500 grant to the University of West Alabama from the Delta Regional Authority to provide for state-of-the-art automotive technician certification equipment.

 

The first semester of the program began in August, but consists primarily of in-class learning experience. Hands-on training is expected to begin and will be made possible by the DRA grant.

 

"We are most grateful to the Delta Regional Authority, the Office of Governor Robert Bentley, and the Alabama-Tombigbee Regional Commission for this important investment in expanding the university's multi-year, multi-million dollar regional advanced manufacturing technology workforce training project to include the automotive technician certification," said UWA President Richard D. Holland. "We look forward to launching this in-demand career path program in the spring, 2014 semester, as part of our continued commitment to improving the state of the Black Belt region's workforce."

 

 more...

 


Auburn University solicits $5 million from state to rebuild, expand facilities for aviation program

on November 11, 2013 

AUBURN, Alabama -- Roughly a year after its aviation program faced possible loss of accreditation, Auburn University is soliciting more than $5 million from the state to rebuild its flight facilities.

 

University trustees will consider Friday whether to initiate a project by seeking architects to design a new aviation education facility at Auburn University Regional Airport.

 

Toward that end, university President Jay Gogue has solicited nearly $5.3 million through Alabama's Amendment 666 Bond Commission, according to an Oct. 2 letter from Gogue to Gov. Robert Bentley.

 

more...

 

[al.com]

 

 

 

 

 

 

 


Foreign investment follows typical pattern

By Lance Griffin

November 11, 2013

 

America's former Undersecretary for Trade and Commerce had a word of warning for local governments seeking to add jobs, and a few words of advice.

 

"Don't make it too hard," said Francisco Sanchez, who recently left his government post to pursue private business. "If you make it too hard, the companies looking to locate have other options. You're not just competing with your neighbors in Mississippi or nearby, you are competing with the world."

 

Sanchez spoke Monday during the U.S.-China Manufacturing Symposium Preview in Dothan. Sanchez said Chinese investment and expansion into the United States is exploding. He said foreign direct investment in the United States by China has increased by 71 percent each year for the past eight years. He also said foreign direct investment in Alabama had led to 65,000 jobs created in Alabama over the past 10 years.

 

Sanchez said local governments successful in attracting foreign direct investment followed a typical pattern.

 

more...

 

[Dothan Eagle]

 

 

 


Dothan could help bring Chinese investment to U.S.

By Lance Griffin

November 11, 2013

 

Those Alabama football gloves made famous when Mark Ingram flashed them in the end zone during Alabama's National Championship win over Texas?

 

The CEO of the Chinese plant in which they were made was in Dothan on Monday.

 

So was one of the leading manufacturers of gas and electric meters in China and one of the leading manufacturers of 3D printers in China.

 

Throw in Lin Shunjie, the Secretary General of the China Chamber of International Commerce. Add Sidney Rittenberg, who lived in China for 35 years after World War II and spent 16 years in solitary confinement as a political prisoner, and Dothan provided one doozy of a preview of what has been promised to be a bigger, better March event.


more...

[Dothan Eagle

 

 

 


Innovators with an entrepreneurial spirit will be on display at UA's Innovation Day Nov. 15.

Nov 11, 2013

 

TUSCALOOSA, Ala. - From a student-run company offering small-loans to fellow entrepreneurs to a faculty member's approach to lowering replacement costs for electric vehicle batteries, a variety of innovative approaches will be outlined during The University of Alabama's first Innovation Day set for Friday, Nov. 15.

 

Anyone with an interest in entrepreneurship and innovation is invited to attend the event in the Rast Room of the Bryant Conference Center on the UA campus. It begins at 9 a.m. with opening remarks by Dr. Carl Pinkert, UA's vice president for research, and it concludes about 3:15 p.m.

 

"Attendees will be able to network with others and ask questions during panel discussions and breaks," said Dr. Richard Swatloski, director of UA's Office for Technology Transfer, a co-sponsor of the event, along with UA's Bama Technology Incubator and the Culverhouse College of Commerce. "As innovation and entrepreneurial activities have increased on campus, the Office of Research needed another vehicle to highlight these activities," Swatloski said.

 

more...

 

[uanews.ua.edu]

 

 




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