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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:
Shoals mayors heading to Asia
Dreamchaser project brings high hopes to MSFC
Knauf Insulation CEO: Why we picked Alabama for our project
Building for Building Planes
First Speakers Announced for U.S.-China Business Symposium

 


Shoals mayors heading to Asia

By Jennifer Edwards Staff Writer

March 11, 2014 

 

FLORENCE - Florence Mayor Mickey Haddock and Muscle Shoals Mayor David Bradford next month will spend 10 days in Asia on an economic development mission to South Korea and Japan.

 

The goal is to continue to build relationships with manufacturers located in the Shoals and across Alabama.

 

The mayors are leaving April 5 and traveling with Forrest Wright, president of the Shoals Economic Development Authority. The delegation will spend the first three days in South Korea as part of the Alabama Department of Commerce's "Doing Business with Alabama" initiative. The local group will then travel to Japan for seven days to meet with leaders at the Japanese headquarters and manufacturing facilities for North American Lighting, Tasus and CBC INGs.

 

North American Lighting opened in Muscle Shoals in 2006, and CBC announced its plans in June.

TASUS located its operation in the Florence-Lauderdale Industrial Park in 2012.

 

 

more...

 

[Times Daily]

 



 

 


 

Dreamchaser project brings high hopes to MSFC
By Liz Hurley 
March 11, 2014

HUNTSVILLE, AL (WAFF) -NASA Administrator Charlie Bolden will be at the Marshall Space Flight Center on Friday to check on the progress of the Space Launch System, or SLS.

Tuesday at Marshall, the talk was about getting crew, cargo and science experiments to the International Space Station on-board an American-built mini-shuttle called the Dreamchaser. Sierra Nevada Corporation is building the Dreamchaser in New Orleans, but is expanding its scope of work in Huntsville.

 

The venture is a public-private partnership that will mean more money and potentially more jobs in the Huntsville area.

 

  more...

[WAFF]

 

 

 


 

Knauf Insulation CEO: Why we picked Alabama for our project

 March 11, 2014


LANETT, Alabama - In commentary published on AL.com, Knauf Insulation CEO Mark Andrews outlined reasons the Indiana-based company recently decided to restart and upgrade operations at a mothballed Alabama factory.

 

On Jan. 24, Andrews was on hand at a ceremony to mark the re-opening of the state-of-the-art plant in the Chambers County city of Lanett, where Knauf Insulation now employs 120 people. Andrews was joined at the event by Alabama Governor Robert Bentley, Secretary of Commerce Greg Canfield and other state and local officials.

 

At the Lanett ceremony, Andrews told the crowd he was bullish on Alabama, which was selected over other locations across the nation for the project. In commentary published this week, he said he wanted to elaborate on the factors that led Knauf Insulation to "invest significant capital" in Alabama.

 

 

more...

 

[madeinalabama.com]

 

 


 


 

Building for Building Planes
BY NEDRA BLOOM

March 2014

 

The massive hangar now under construction at Mobile's Brookley Aeroplex - like the mythical phoenix - is rising from ashes of dreams.

 

Seven years ago, Alabama thought it had won, for the Aeroplex site, a plant where the European aerospace giant EADS would team with an American partner to build tankers for the U.S. Air Force.

 

Those hopes were dashed when the Pentagon reversed its contract award and gave the prize to Boeing.

But the prize for hard work and patience has been even more substantial - a commercial aircraft final assembly line, the only one in North America for Airbus, EADS' commercial division.

 

And this time, the project is proceeding right on schedule.

 

more...

 

[Business Alabama]

 

 

                                                                     

                                                           

 

 


 

 

 


 

First Speakers Announced for U.S.-China Business Symposium
By: Kim Allen 
Mar 11, 2014

DOTHAN, AL -- A preliminary list of speakers has been released for the upcoming U.S.-China Business Symposium. Some of the biggest names in international trade will appear in Dothan from March 26-28 at the DothanCivic Center.

 

Some of the early speakers announced include Wu Jihua, the Secretary of the Dailian Xigang District Committee of the Communist Party of China. Secretary Wu will be the highest ranking Chinese government official to appear in Dothan.

 

Other big names from China include Ronnie Chan, co-chair of the Aisa Society, Lili Zheng, co-leader of Deloitte Asia Pacific ICE and Loretta Lee, the owner of one of the world's largest boot manufacturers.

 

more...

 

[WTVY]


 

                                                                     

                                                           

 

 


 

 




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