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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:
Kemmerich USA breaks ground in Auburn
In economic development, cheap land and labor 'no longer a strategy,' PARCA speakers say
ICE Lab launches Business Button in downtown Huntsville to help startup enterprises, nonprofits
Boaz moving on after loss of poultry plant
Math, science, technology key for future workforce
UAH gets $11,500 in planning funds for proposed industrial research center effort in Huntsville
AT&T Alabama president named winner of A.G. Gaston Award, will receive it at BJCC Feb. 19

 


 

Kemmerich USA breaks ground in Auburn
By Annie Hubbell 
Feb. 5, 2014
  

Auburn's Technology Park West is now home to the North American headquarters for the automotive supplier, Kemmerich USA.

 

"We have a very good economic development team here, Auburn University, and we have great workers in this area. It's one of the parts of the state that I'm very proud of. It's a part of the state that is easy to recruit industry to," explains Alabama Governor Robert Bentley.

 

Kemmerich plans to invest over $12 million into the new 60,000 square foot facility that will create up to 160 jobs locally within the next five years.

 

The Auburn plant is an important milestone in a globalization strategy for Kemmerich, which already employs over 1,000 people in Europe.

 

more...

 

[WTVM.com]

 

 

 

 


In economic development, cheap land and labor 'no longer a strategy,' PARCA speakers say
on February 05, 2014 

Before Alabama's governor took to the podium last Friday, economic development experts from across the Southeast talked about best practices for adding jobs to a state's economy during PARCA's annual meeting, held at the Harbert Center.

The main idea: that a well-trained workforce -- not cash or real estate giveaways -- is the key to attracting and keeping successful employers.

Neal Wade, PARCA's chairman, was the first to note the changing landscape of economic development, noting that a "fundamental shift" had taken hold. 

To illustrate that change, Wade referred to data that showed the level of education required for each type of job available in the economy. In 1973, Wade said, roughly a third of all jobs could be done by workers with little or no educational attainment. By 2020, that number is projected to fall all the way to 12 percent.

more...



 

 


 


ICE Lab launches Business Button in downtown Huntsville to help startup enterprises, nonprofits
on February 06, 2014 

HUNTSVILLE, Alabama - A new concept coming to downtown Huntsville in early March will offer aspiring entrepreneurs a variety of resources for new business development and training.

 

Business Button - the brainchild of visiting assistant professor John Whitmanand the Innovation, Commercialization and Entrepreneurship (ICE) Lab at the University of Alabama in Huntsville - will launch March 1 in conjunction with the grand opening of the Clinton Row Project in downtown Huntsville.

 

Whitman said anyone who has an idea for a startup enterprise or nonprofit will be welcome at the one-stop, face-to-face consultation and concierge spot in the Downtown Self Storage building on Jefferson Street and Clinton Avenue.

 

"There are a number of excellent resources in town standing ready to help startup entrepreneurs, from the Small Business Development Center at UAH, to the Chamber of Commerce, and BizTech," Whitman said. "Anyone of any age is invited to come in to Business Button and get free advice on the resources that can help them the most."

 

more...

 

[al.com]

 


 

Boaz moving on after loss of poultry plant
By Stephen McLamb 
Feb. 5, 2014

BOAZ, AL (WAFF) -Boaz city officials said that by the end of the month, businesses will begin taking a look at their bottom line to assess the impact following the closure of the Pilgrim's Pride processing plant. In the meantime, officials have begun the process of finding a new occupant for the facility.

The plant is now empty after shutting down in late January. More than 1,000 people used to call the location their place of work.

 

One business owner said many workers have been transferred to the Guntersville location and are simply driving to work, but they questioned how long that will go on.

 

Local economic development officials are waiting for the company to complete the move-out, preparing to take measurements and begin marketing the building.

 

 more...

 

[WAFF.com]

 

 

 


Math, science, technology key for future workforce

By Bayne Hughes Staff Writer 

Feb. 5, 2014

 

Falkville High senior Bradley Drinkard had two questions for companies participating in Wednesday's annual Career and Workforce Expo at Calhoun Community College.

 

"I want to know who is hiring and who pays the best," Drinkard said.

 

The 19-year-old found out his favorite subjects, math and science, are setting him up for employment with good pay.

 

"It makes me feel more optimistic," Drinkard said. "I'll probably go into a technical field, and that's where the best jobs are."

 

Representatives of close to 40 businesses and industries at the expo said math, science and trade skills are becoming more important for employment.

 

more...

 

[Decatur Daily]

 

 

 

 



UAH gets $11,500 in planning funds for proposed industrial research center effort in Huntsville

on February 05, 2014

HUNTSVILLE, Alabama - The National Science Foundation has funded a University of Alabama in Huntsville planning proposal that aims to establish an Industry & University Cooperative Research Center (I/UCRC) site at UAH.

 

Officials say landing the I/UCRC site would strength research ties between UAH and industry partners in Madison County and north Alabama. It would also be the first composite NSF I/UCRC center in Alabama, Mississippi, Tennessee, Louisiana and Arkansas.

 

In partnership with Mississippi State University, the proposed I/UCRC site would concentrate on advanced composites in transportation vehicles and require other universities and industry partners to join as members. The planned I/UCRC site would also allow UAH to act as a co-equal partner with MSU to perform related research.

 

more...

 

[al.com]

 

 

 


AT&T Alabama president named winner of A.G. Gaston Award, will receive it at BJCC Feb. 19

on February 04, 2014 

BIRMINGHAM, Alabama -- Fred McCallum, president of AT&T Alabama, has been named the recipient of the 2014 A.G. Gaston Award, according to a news release today from the organizers of the upcoming A.G. Gaston Conference.

 

The Gaston Award -- which McCallum will receive during the conference, to be held at the Birmingham-Jefferson Convention Complex (BJCC) Feb. 18-19 -- honors an individual who epitomizes Gaston's commitment to African-Americans and the late businessman's motto of "finding a need and filling it," the release states.

 

McCallum will receive the award during a closing luncheon at the conference on Feb. 19 at noon.


 

more...

 

[al.com]

 

 

 

 




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