EDPA NewsFlash

 

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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:
Lockheed Martin breaks ground on missile annex
Main Street Alabama aims to boost jobs, economies through downtowns across the state
Locked and loaded: Development agreement clears Remington to start work on $110M gun plant in Huntsville
ThyssenKrupp no more, Calvert steel processing plant gets a new name after acquisition
Tech scene in Birmingham is poised for success
Gov. Robert Bentley to visit Shoals for economic recovery tour, Alabama Music Hall of Fame induction
Regional Planning Commission of Greater Birmingham assesses 2013, looks ahead
Annual forum to promote ties between Alabama and Germany
Alabama Launchpad competitor receives $10,000 development grant

 


Lockheed Martin breaks ground on missile annex

By Mona Moore

February 27, 2014


Lockheed Martin's Pike County Operations celebrated an expansion to their facilities Thursday with a groundbreaking ceremony.

 

The site will add 62,000 square feet to its existing 92,000-square-foot Long Range Strike Systems cruise missile manufacturing facility.

 

"It's been a long time coming and we're excited to get this thing kicked off," said Dave Anderson, site director of Lockheed Martin Missiles and Fire Control's Pike County Operations. "And hopefully, as soon as we get these small holes done, Alex Whaley will get started on the big holes."

 

Troy's Whaley Construction won the bid on the expansion and is expected to start construction this week. The facility is slated for completion by the first quarter of 2015 and fully operational by the third quarter.

 

more...

 

[Troy Messenger] 

 


 Main Street Alabama aims to boost jobs, economies through downtowns across the state

on February 27, 2014

BIRMINGHAM, Alabama - The president of Main Street Alabama said the organization may be seen as a "downtown revitalization" entity, but it's really an economic development outfit.

 

Speaking to the Regional Planning Commission of Greater Birmingham at its annual meeting at theMcWane Science CenterWednesday, Helmer said Main Street Alabama uses tools like design, marketing, historic preservation and education but the real goal is to add jobs and grow the economies of downtowns and communities.

 

For instance, historic preservation alone is not enough, she said.

 

"Having an empty building is bad," Helmer said. "Having a pretty empty building is still bad."


more...

 

[al.com]

 


Locked and loaded: Development agreement clears Remington to start work on $110M gun plant in Huntsville

on February 27, 2014

HUNTSVILLE, Alabama - A planned $110 million Remington firearms factory in west Huntsville is now locked and loaded.

 

At its meeting Thursday night, the Huntsville City Council approved a development agreement that guarantees Remington $14.5 million in local incentives - including free use of the sprawling former Chrysler electronics plant near the airport.

 

But America's oldest gun maker will have to repay the city if it fails to deliver on its employment promises.

Remington says that by the end of 2015, there will be at least 280 full-time employees at its Huntsville gun factory earning a minimum average hourly wage of $19.50. That comes to $40,560 a year.

 
more..

[al.com]

 

 

 


 


ThyssenKrupp no more, Calvert steel processing plant gets a new name after acquisition
on February 28, 2014

MOBILE, Alabama -- The new owners of the steel processing plant in Calvert revealed the new identity of the facility late Thursday at a reception for employees. The first among the changes to be made at the facility was its name, now AM/NS Calvert.

 

"AM and NS need no explanation. And we chose Calvert because we wanted all of you to feel an ownership and engagement with the name. This is your plant, and Calvert is your town," Lakshmi N. Mittal, chairman and CEO of ArcelorMittal, said in a released statement.

 

"We very much hope that AM/NS Calvert will become synonymous with the highest quality products and will build a strong reputation for Calvert - this plant and this town - with all our customers and stakeholders."


more...

 

[al.com]


 


 


Tech scene in Birmingham is poised for success
Brent Godwin Online editor-Birmingham Business Journal
Feb. 27, 2014

One local CEO thinks the future of Birmingham's technology industry is wide open.

 

"I see no reason why this can't be a competitive space for software development," said Chace Hatcher, CEO of Diamond Fortress Technologies. "I don't see why Birmingham can't be that next burgeoning tech scene."

 

Hatcher's company recently released an app called Ice Unlock that uses fingerprint biometrics to increase security on Android devices. They're currently working on improvements to the technology, and plan to release versions for iOS, Blackberry and Windows devices as well.

 

more..

 

[Birmingham Business Journal]

 


Gov. Robert Bentley to visit Shoals for economic recovery tour, Alabama Music Hall of Fame induction

on February 27, 2014 

FLORENCE, Alabama - Gov. Robert Bentley will visit with Shoals leaders, residents and small business owners on Friday afternoon during his statewide Road to Economic Recovery Tour.

 

Bentley will kick off the event with lunch at Rosie's Cantina in downtown Florence, followed by a 1:30 p.m. small business roundtable at 20 Hightower Place and 2:45 p.m. tour of B Electric, Inc. on 3115 Northington Court.

 

The Road to Economic Recovery Tour allows Bentley to discuss state-level job efforts and local economic conditions in communities across the state of Alabama.

 

more...

[al.com]

 

 


Regional Planning Commission of Greater Birmingham assesses 2013, looks ahead

on February 27, 2014 

BIRMINGHAM, Alabama - The Regional Planning Commission of Greater Birmingham looked back on its 2013 accomplishments even as it continued to look ahead at its annual meeting Wednesday.

 

Charles Ball, executive director of the RPCGB, said in an interview that progress was made in transportation planning, community planning, economic development and other areas.

 

"When you're in the planning profession, it's like you're always working with the long-range projects and you don't often take the time to assess your accomplishments," he said.

 

more...

 

[al.com]

 

 

 


Annual forum to promote ties between Alabama and Germany

By Patrick Rupinski

Business Editor | The Tuscaloosa News
February 26, 2014 

An organization that fosters ties between Alabama and Germany will hold its annual dinner and business forum next week in Tuscaloosa.

 

More than 200 people in business, government and education are expected to be at the University of Alabama campus next week for the 16th annual AlabamaGermany Partnership Celebration Dinner and Business Forum on March 6-7.

 

Both days' events will be at the North Zone of Bryant-Denny Stadium.

 
more...

 

 

 


 

Alabama Launchpad competitor receives $10,000 development grant

New search engine delivers content matched to ability

 by Jim Steele

Feb. 28, 2014

 

An Internet search engine developed specifically for schools by two University of Alabama in Huntsville professors is being tested as a way to increase reading abilities in challenged students and help motivate intellectual development in gifted students, while saving schools money on textbooks.


Engine has been awarded a $10,000 development grant from the UAH Charger Innovation Fund and is in the final round of vying for an Alabama Launchpad grant. Launchpad is a program of the Economic Development Partnership of Alabama to promote, reward and increase the pipeline of high-growth, innovative ventures that have the potential to grow and thrive in the state.

 

"We just have a host of features we want to roll out with Complexity Engine and that's why winning the Launchpad competition is essential," says developer Dr. Philip Kovacs, an associate professor of education who conceived the system and is collaborating with Dr. Ryan Weber, an assistant professor of English, to develop it. Tripp Roberts, a Georgia Institute of Technology computer science junior, collaborates to produce the necessary software.



more...

[phys.org]

 

 

 

 




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