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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:
Nation's love affair with trucks helped drive record year at Alabama's Toyota plant
Economists predict 2014 will be a good year for Alabama
Mercedes-Benz touts new C-Class with tour of production facility for journalists
Alabama Power official tours Jasper developments
Governor, Lt. Gov. among those coming to AAS groundbreaking
Athens Ready For Main Street
Latva South to produce barrels for new Remington pistol
Wiley Lott challenges students to 'help folks'

 


Nation's love affair with trucks helped drive record year at Alabama's Toyota plant

on January 16, 2014 

HUNTSVILLE, Alabama -- Toyota produced more than 540,000 engines in Alabama last year, a record annual high for the Japanese automaker's Huntsville factory.

 

That output, which represents a 9 percent improvement from 2012, was driven in part by a surge in pickup truck sales last year.
  

About half of the Huntsville plant's 2013 output was V-8 and V-6 engines, which power the Tundra and Tacoma pickups, respectively. Tundra sales grew 11 percent last year, while sales of the Tacoma sales rose 13 percent.

 
more...

[al.com]

 

 

 

 


 

Economists predict 2014 will be a good year for Alabama
By Hannah Lane 
Jan. 15, 2013
MONTGOMERY, AL (WSFA) -Economic experts say things are starting to look up in Alabama. Economists say Alabama is bouncing back from the recession and 2014 will be a good year. The information was announced at Wednesday's economic conference in Montgomery.

"2014 is going to be better. It's going to be better economically. if you don't have a job, you will likely find one or if you have a job, you will likely find a better job," said Dr. Sam Addy, Associate Dean for Research and Outreach at the University of Alabama.

 

According to the Center for Business and Economic research at the University of Alabama looking at future numbers for 2014, in Alabama it's believed the number of jobs will grow by 1.3 percent, which equates to about 25,000 jobs and the gross domestic product, which is the value of all goods and services we produce, is projected to increase about 2.5 percent.

 

"Those are good numbers, especially when you compare to recent past," Addy said.

 

more...

 

[WSFA]

 


Mercedes-Benz touts new C-Class with tour of production facility for journalists

By Joseph Bodenbach
Special to The Tuscaloosa News
January 15, 2014 

VANCE | Mercedes-Benz opened its factory doors on Wednesday, allowing journalists from around the world to sneak a peak at its new 2015 C-Class.

 

The event, which included a Q&A with Mercedes-Benz United States International CEO Jason Hoff, Alabama Secretary of Commerce Greg Canfield, Dara Longgrear and Andy Jocham of the Tuscaloosa County Industrial Development Authority and Steve Sewell from the Economic Development Partnership of Alabama, also provided an opportunity for the media to tour the updated production facility.

The C-Class is currently in production with the first models due out early this summer.

 

more...

 


 

Alabama Power official tours Jasper developments
by Jack McNeely
Jan. 16, 2014

Industrial development in Jasper was the topic of discussion Wednesday as a top official with Alabama Power toured several areas of progress.

Mark Crews, vice president of the western division of Alabama Power, said he was impressed with the level of teamwork here in Jasper and Walker County when it comes to economic and industrial development projects.

"You are on the right track by reaching out and telling your story. You have a lot of great things to sell here that other folks would die for," Crews said following a brief presentation over lunch and an hour tour of the Jasper Industrial Park, Bevill Industrial Park and I-22/Industrial Boulevard interchange.

more...

 


 

Governor, Lt. Gov. among those coming to AAS groundbreaking

By Kyle Mooty

January 15, 2014

 

One of the biggest announcements of 2013 for the City of Enterprise will begin becoming a reality early in 2014 when a groundbreaking ceremony takes place Friday afternoon.

 

Alabama Governor Robert Bentley and Lt. Gov. Kay Ivey will join other local and state dignitaries at the Enterprise Municipal Airport for a ceremony as construction begin soon on the new Alabama Aircraft Support facility, one which is said to be bringing about 200 high-wage jobs ($24 per hour) to the area.

 

BL Harbert International of Birmingham has been selected to be the design-build contractor for the aircraft maintenance, repair and overhaul facility. Barge Waggoner Sumner & Cannon, Inc. will serve as the designer for the project.  The facility will be operated by Alabama Aircraft Support, who rebuilds and maintains helicopters and other small aircraft. AAS' parent company is Brightwater Aviation Lender LLC of Chicago.

 

The facility will be a $12 million, 65,000-square foot building and is hoping to be open by October.


more...

 

[Dothan Eagle]

 

 

 

 


Athens Ready For Main Street

By Elise Morgan

January 15, 2013

 

 

ATHENS, Ala. (WHNT) Athens is one of a handful of communities statewide that are prepared to get on Main Street. Wednesday Athens hosted a meeting at Athens State University that can help other communities in Alabama do the same.

 

Athens Mayor Ronnie Marks says, "The city of Athens is one of 13 cities participating in the Main Street program. In north Alabama, only Athens and Florence are looking to be certified as a Main Street city."

 

The goal of the program is to bring jobs, dollars, and people to small towns and commercial districts.

The state of Alabama restarted its Main Street Alabama program last year. To accomplish that, the Alabama Historical Commission sought help from the National Trust Main Street Center.

 

Mary Helmer is the state coordinator for Main Street Alabama. Helmer says, "My message here today is economic development is about small businesses. It's about one job, one small business at a time. And how to work with entrepreneurs and how to keep the core of your community strong and what it means to your entire community."

 

 

  more...

[WHNT]

 


 

 


Latva South to produce barrels for new Remington pistol

By Robert Hudson

January 15, 2014

 

Remington decided to begin production on its new R-51 Pistol, the handgun would have to be put together piece by piece, and one of those pieces is designed right here in Alexander City.

America's oldest gunmaker, Remington Arms, is set to show off its new R-51 Pistol at Shot Show 2014 in Las Vegas this week, and Latva South, Inc. of Alexander City produces a crucial part of the new handgun - the barrel.

 

Steve Powell, general manager of Latva South, Inc., said the exciting opportunity to work with Remington on the R-51 project has gone on for about a year.

 

"It's a great opportunity for Latva South and the Alexander City area," Powell said. "It's generated several different jobs. It's been a great opportunity for us, and we see it getting better because until now Remington had not launched a new handgun in more than 30 years. The R-51, a .40 caliber and a few more are coming down the line."

 

 

more...

 

[Alex City Outlook]

 

 


 

 


Wiley Lott challenges students to 'help folks'

By Jaine Treadwell

January 15, 2014

 

When all is said and done, it's only people and place that really matter.

 

That's the message that Wiley Lott brought to the students of the Business and Finance Academy at Pike County High School Wednesday.

 

Lott is director of external affairs and economic development for the Southeast Alabama Gas District. He is a Brundidge native whose family has been in Pike County for eight generations.

 

"I'm just an ol' country boy," Lott told the students. "I grew up on a farm and we didn't have a lot of money but we worked hard. I'd get up at 4:30 in the morning to feed the hogs, the chickens and the cows. When I wasn't in school, I was in the field. The livestock always had to be fed at night before I ate.

 

more...

 

[Troy Messenger]

 


 




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