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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: Alabama makes good showing for landing Boeing in Huntsville
Enterprise set for bevy of new aviation jobs with high hourly pay scale
Blountsville Tyson expansion announced
Pilgrim's Pride speaks about Boaz plant closure, announces plans to streamline operations in 2014
Signal International adds two more oil rigs to its backlog
Hyundai pours $7M into assembly line upgrade at Montgomery plant
Auburn University seeks more than $5 million from state to pay for new aviation facility
Birmingham tech firm is a 'startup to watch for'
Northeast college site receives AdvantageSite designation

 


Gov. Bentley: Alabama makes good showing for landing Boeing in Huntsville (Video)

on November 19, 2013

 

BIRMINGHAM, Alabama - Gov. Robert Bentley and officials met with Boeingrepresentatives in Birmingham today to try to steer the company's new jet manufacturing plant to Huntsville.

 

Huntsville is one of several sites in the running for the 777X jetliner manufacturing plant and Bentley told business leaders at the annual Birmingham Business Alliance luncheon today they left the meeting high on Alabama.

 

"They are very impressed with Alabama," Bentley told the BBA at The Club today. "I'm not saying we're going to get it, but let me tell you they do like Alabama."

 

Huntsville is one of several sites in the running for the manufacturing plant.

 

more...

 

[al.com]

 

 

 


 

 

Enterprise set for bevy of new aviation jobs with high hourly pay scale 

by Kyle Mooty

November 19, 2013

 

Enterprise will be getting about 200 helicopter maintenance jobs in the next year-and a-half with a pay scale of about $24 per hour, after the city council passed a resolution Tuesday night allowing the construction of a new facility at the Enterprise Municipal Airport.

 

Brightwater Aviation Lender, LLC, of Chicago, the parent company of Alabama Aircraft Support, was authorized a loan of $3.5 million from the city council for infrastructure of a $12 million project. The $3.5 million would be paid back to the city in payments with 4 percent interest.

 

The project would include a 60,000 square foot hangar.

 

The city passed a bond issue in 2011 for $12 million, $7.5 million of which was allotted for economic development. The $3.5 million loan will come out of those funds.


more...

 

[Dothan Eagle]

 

 

 

 


  

Blountsville Tyson expansion announced

Staff Reports The Cullman Times

November 19, 2013 

 

Blountsville's Tyson Foods plant will expand to full capacity in January 2014, adding 50 new jobs for the community.

State Rep. Randall Shedd (R-Cullman) said he and many others have been working with Tyson on the project for several months and wanted to commend Mayor Mike Glass, the Blountsville Town Council and the Blountsville Business Association led by Dennis Beavers for their aggressive economic development work to make this project happen.

"I join with officials from the town of Blountsville, the Blount County legislative delegation and Blount County in congratulating Tyson for their decision to expand their Blountsville operations, which will add jobs and increase income for Tyson growers," Shedd stated in a press release. "I am appreciative to Alabama Power Company and Tyson working in cooperation to free up and expand power capacity for other Blountsville economic projects for the future, too."


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[The Cullman Times]

 

 

 

 

 

 

 

 

 


 

 

 

Pilgrim's Pride speaks about Boaz plant closure, announces plans to streamline operations in 2014
on November 19, 2013 

BOAZ, Alabama - In the wake of an announcement Tuesday that Pilgrim's Pride will shutter its Boaz plant next year, the poultry processor unveiled several changes officials hope will streamline operations and generate $200 million in savings in 2014.

 

Boaz's largest employer will close Jan. 24, but State Sen. Clay Scofield, R-Guntersville, said more than 1,000 employees who work for the plant will eligible for positions at Pilgrim's Pride facilities in Guntersville and Russellville.

 

 

In a news release late Tuesday, Pilgrim's Pride officials said the company will consolidate operations in Russellville and Douglas, Ga., to absorb the Boaz processing facility and add about 100 jobs. Pilgrim's Pride will also invest about $10 million to upgrade its Falkville feed mill and $25 million to modernize facilities and expand large bird deboning capacity in Mt. Pleasant, Texas.

 

"Given our decision to consolidate operations, our intent is to offer retention incentives to encourage many of our Boaz team members to remain with the company in different capacities," said Bill Lovette, president and CEO of Pilgrim's Pride Corporation, in a statement. 

 
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Signal International adds two more oil rigs to its backlog

on November 19, 2013
 

MOBILE, Alabama -- Signal International announced it was recently awarded a contract to repair two oil rigs in the Gulf of Mexico. The company is now scheduled to repair six offshore oil rigs, a backlog that will boost hiring at the company, company officials said.

 

Headquartered in Mobile, the marine construction and offshore drilling firm also operates shipyards and ship repair facilities in Pascagoula, Miss. and Orange, Texas. All of the drilling rig repair work will be done in Mississippi.

 

On Oct. 3, company officials announced deals to refurbish and upgrade four offshore drilling rigs, a job that would require an additional 500 employees. Officials said Signal continues to hire in all crafts as well as engineers, planners and schedulers, material procurement and project management.

 

more....

 

[al.com]


 

 

 

 

 

 

 

 

 

 


 

Hyundai pours $7M into assembly line upgrade at Montgomery plant

Coming off a sales season in which Hyundai strained against its production limits to fill dealer demand across North America, the automaker has poured $7 million into the plant that makes its two most popular vehicles.

 

A new automated system in Montgomery lends a hand to assembly workers who build Elantras and Sonatas here. The plant has broken its monthly production record three times so far this year.

 

"It really doesn't increase our capacity, but it increases our efficiency," said Scott Hudson, the process engineering manager at Hyundai Motor Manufacturing Alabama. "It allows us to do a little more with the same manpower that we have."



more...

 

 


 

Auburn University seeks more than $5 million from state to pay for new aviation facility

on November 19, 2013 

AUBURN, Alabama -- Auburn University trustees have approved a plan to construct a more than $5 millionaviation education facility.

 

The unanimous vote clears university administrator to seek an architect for the project that will replace the 60-year-old facility and portable classrooms currently used by the program.

 

The construction is subject to further approvals by the board before it comes to fruition.

 

The decision comes months after the future of the state's only four-year professional flight program was in jeopardy with the dean recommending its elimination and Aviation Accreditation Board International warning the program could lose its accreditation.


more...

 

[al.com]

 

 

 


 

Birmingham tech firm is a 'startup to watch for'
 
Reporter-Birmingham Business Journal
Nov 19, 2013

Malcovery Security has been named to the list of the 12 hot security startups to watch for by three renowned IT publications.

 

A recent news release announced that Malcovery was named to the list by Computerworld, Network World and CSO Magazine.

 

Malcovery, which contracts with clients to combat cybercrime, was founded out of research performed at the University of Alabama at Birmingham. The company's work involves going after malware placed on clients' computer systems. More specifically, the company's technology focuses on cyber attacks originating from email-based threats.


 

more...

 

[Birmingham Business Journal]

 

 

 


 Northeast college site receives AdvantageSite designation

Staff Report  November 13, 2013 

 

Officials gathered at Northeast Alabama Community College recently to receive official notification that the Northeast Industrial Site has been designated as an AdvantageSite. 

 

 This designation is an important step in marketing and promoting a site for industrial development. 

 

The AdvantageSite program requires that community economic development organizations provide documentation specific to a proposed industrial site, including a set of standard data related to ownership/control, environmental and geotechnical conditions, and infrastructure status. Sites must also meet size, zoning and accessibility requirements.



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