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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:
BL Harbert completes $70 million Mercedes facility set to open Wednesday
Alabama gets $30 million more for tornado recovery
Watts Realty plans $30 million apartment, retail project next to Regions Field
Commercial Jet Job Fair Brings Hundreds to Dothan
Raytheon lands $173 million contract for missile defense work

 


BL Harbert completes $70 million Mercedes facility set to open Wednesday


BIRMINGHAM, Alabama - BL Harbert International Inc.has completed construction of the $70 million Mercedes-Benz Logistics Center in Vance.

 

Construction began in April of this year and was completed on an accelerated schedule. At 900,000 square feet, the facility is the size of nearly five Walmart Supercenter stores.

 

"BL Harbert is very fortunate to work with a world-renowned company such as Mercedes-Benz," Jeremy Pipkin, operations manager of BL Harbert's industrial division, said in a release. "We are excited about the completion of this facility which will support Mercedes' growing production needs. The project required an extremely fast-paced delivery and could not have been accomplished without the collaborative relationship of BL Harbert International and Mercedes-Benz."

 

more...

[al.com]

 

 

 

 

 


Alabama gets $30 million more for tornado recovery

By Jason Morton and Lydia Seabol Avant
Staff Writers
 December 17, 2013

Tuscaloosa County will receive $7.3 million for sewer improvements and demolition in Holt and the city of Tuscaloosa will receive $100,000 for construction of a new bus stop in Alberta, Gov. Robert Bentley said Tuesday.

 

 The governor on Tuesday officially announced a total of $30 million in federal grants that will be awarded to 16 Alabama counties and municipalities devastated by the April 2011 tornadoes.

County officials said the money would make a big difference in Holt.

 

"It's going to help a lot, especially in the area of building back," said County Commissioner Jerry Tingle, who represents the Holt area. "The sewer improvements that will come out of the $7.3 million are going to create a lot of spaces now that people can build on. It will help tremendously moving the population back to Holt."


more...

 

[Tuscaloosa News]

 


 

Watts Realty plans $30 million apartment, retail project next to Regions Field
on December 18, 2013 

BIRMINGHAM, Alabama -Watts Realty Co. is planning to develop a $30 million apartment and retail project next to Regions Field baseball park in downtown Birmingham.

 

To be known as L&N Parkside, the six-story development is slated to have 129 apartments and 12,000 square feet of retail space. A 200-space parking deck will also be built and attached to the apartment building.

 

The development team plans to present plans for L&N Parkside at this morning's meeting of the Birmingham Design Review Committee. The project needs the panel's approval to pursue financing from the U.S. Department of Housing and Urban Development.



more...

 


 

Commercial Jet Job Fair Brings Hundreds to Dothan
Dec 17, 2013

The Dothan Chamber of Commerce looked more like a department store on black Friday than anything else on Tuesday.

 

"I waited probably a good 45 minutes before I got in there, I got in about 10 to 12 P.M. so I wasn't expecting that long of a wait but the line is pretty big but as more people showed up I was glad I wasn't at the end of the line," explained Rick McGee of Dothan.

 

From 1 p.m. until 6 p.m. a line of potential commercial jet employees circled around the Dothan Chamber of Commerce. All of the people in line had the same goal; to start a career with Commercial Jet.

 

More than 300 potential Commercial Jet employees from all walks of life waited in line for hours as the company collected resumes and interviewed candidates, but not all attendees heard what they wanted to hear.

 

"I got here, went to school at the Alabama aviation center with hopes of a job. I finished last December it's been a year looking for a job the whole time," explained Dustin Jackson of Dothan. "I came here with the hopes of getting a job and they are looking for experience so if you have no experience... you are pretty much out of luck."

 

more...

 

[WTVY.com]

 

 


Raytheon lands $173 million contract for missile defense work

on December 17, 2013
 

Raytheon Co. has landed a $173 million contract modification for work on the AN/TPY-2 Radar.

 

The change brings the total value of the contract to $753 million. The contract was awarded through the Missile Defense Agency at Redstone Arsenal.

 

Raytheon was also awarded a $15 million modification to an existing Army contract to acquire 216 projectiles and containers. A portion of the work will take place in Anniston.

 

Also, Boeing was awarded a $70 million contract for the procurement of 12 encapsulated harpoon all-up round tactical missiles; five harpoon Grade B exercise missiles; two encapsulated harpoon certification training vehicles and shipping containers; 100 harpoon improved fuze booster kits; 50 harpoon improved fuze kits; two harpoon blast test vehicles; and associated hardware and containers for the U.S. Navy and various foreign military sales customers. A portion of the work will take place in Huntsville.

 
more...

[al.com]

 




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