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:
Honda's Alabama plant to halt production of the Ridgeline pickup this summer
Airbus rising: Local talent lends expertise to A320 final assembly line project to date
County Commission to hold public hearing for Remington incentives
Which Alabama city is one of America's most affordable?
Baldwin County Job Fair to be held April 1 at Daphne Civic Center
Wholesale food distributor coming to Foley; 100 jobs expected within three years
Kirchner Group names Chief Operating Officer
DAS to hold grand opening ceremony Friday

 


 Honda's Alabama plant to halt production of the Ridgeline pickup this summer

on March 12, 2014

LINCOLN, Alabama -- Honda's Talladega County plant will cease production of the Ridgeline pickup this summer, as part of a previously-announced plan to temporarily shelve the model.

 

The 4,000-worker factory in Lincoln is the sole production source of the pickup, which was introduced in 2005 and has won numerous awards for design and quality.

 

It is a cross between utility vehicle and passenger car. Analysts say that hybrid concept is confusing to buyers and could be the reason why the Ridgeline has not gained a wider following.


more...

 

[al.com]


 

 


 Airbus rising: Local talent lends expertise to A320 final assembly line project to date

on March 12, 2014 

MOBILE, Alabama - Officials with Hoar Program Management have stated repeatedly that keeping as much of the work local as possible has been a primary directive throughout the bid process for Airbus' A320 final assembly line under construction in Mobile.

 

Mike Lanier, HPM's president, said commitment to supporting the Alabama economy is one rationale for the focus, but pure pride in homegrown craftsmanship is the other.

 

"Alabama is a tremendous hub for construction talent," Lanier said Wednesday, only moments after the topping out ceremony for the $600 million aircraft assembly facility's main hangar.

 

"It's the right thing to do. If this is the people of Alabama's facility, they need to be part of it," he said.


more...

 

[al.com]


 


 


 

 County Commission to hold public hearing for Remington incentives

By Kim West 

March 13, 2014

 

The County Commission will hold a public hearing during Monday's regular meeting to consider approving $500,000 in incentives for a firearms manufacturing plant expected to bring more than 2,000 jobs to the region by 2024.

One resolution to be presented during the hearing is a project development agreement between Remington Outdoor Company, Madison County, the city of Huntsville and Huntsville's Industrial Development Board.

Another resolution needing approval will be a side agreement for the project between Madison, Morgan and Limestone counties, Athens, the Limestone County Economic Development Partners Inc. and the Huntsville IDB.

 

 

more...

 

[Cullman Times]

                                                                     

                                                           

 

 


 

 

 


 

                                         

 Which Alabama city is one of America's most affordable?

on March 12, 2014 

Birmingham has landed in the No. 12 spot on Forbes' list of America's Most Affordable Cities. 

 

The magazine says its rankings are based on several measures of housing affordability and cost of living expenses for the country's 100 largest Metropolitan Statistical Areas and Metropolitan Divisions, all with populations of 600,000 or more.
  

Specific costs considered included food, utilities, gas, transportation, medical and other daily expenses.


 

more...

 

[al.com]


 

 

 


Baldwin County Job Fair to be held April 1 at Daphne Civic Center

on March 13, 2014 

The Baldwin County Economic Development Alliance and the county's five Chambers of Commerce will host the 2014 Baldwin County Job Fair.

 

The fair will be held from 9 a.m. to 2 p.m. April 1 at the Daphne Civic Center.

 

This year's job fair is sponsored by Infirmary Health, the largest non-governmental healthcare system in the state and the second largest not-for-profit healthcare system in Alabama.

 

In its 14th year, the job fair allows employers and job seekers to meet and discuss current and future job opportunities for full-time, part-time and seasonal work.

 

Employers in a variety of industries will exhibit at the event including manufacturing, service, healthcare, communications and finance.

 

more...

[al.com]

 

 

 

 


Wholesale food distributor coming to Foley; 100 jobs expected within three years


FOLEY, Alabama -- A Gulf Coast wholesale food distributor will be expanding into the south Alabama market this summer with the hiring of 25 new employees and sales of $7.5 million expected in the first year.

 

Gulf Coast Produce Distributors of Alabama will lease the city-owned 94,000-square-foot building on East Section Street, last used by Peavey Electronics. The company is run by Christie and Mike Alise, who also own Gulf Coast Distributors Inc. of Biloxi, Miss. with sales in excess of $30 million a year.

 

The new Foley operations hub will expand the company's distribution of fresh produce, as well as frozen food, along the Gulf Coast in Alabama and Florida, according to Foley Marketing Director LaDonna Hinesley.

 

more....

 

[al.com]

 

 

 

 


 

Kirchner Group names Chief Operating Officer


 

  

Birmingham, Alabama, 12 March 2014 - Kirchner Group is pleased to announce that Don Haliburton has been named Chief Operating Officer. In this capacity he will oversee the firm's advisory, transactional and operational services. The firm's asset management group will continue to report directly to Founder Bud Kirchner. Don has been with Kirchner Group and its related entities for more than 20 years in various capacities. His appointment is the most recent change as Kirchner Group continues to evolve its management team after recently appointing Mark Maybank as Executive Chairman of the Advisory Board.

"With our rapidly expanding client base and pipeline it is critical to have someone with Don's operational experience and knowledge to coordinate our diverse team. Don also has a long history with our group, a deep understanding of our platform and an appreciation of our values and culture. This combination makes Don an excellent choice for the position."  stated Kirchner Group Founder and CEO, W.B. (Bud) Kirchner, "After two decades working together, Don and I know each other very well so I am excited to see him continue to strengthen and grow our firm."

Don has spent many years 'in the trenches' and has a deep understanding of all aspects of business, especially the many challenges facing small to mid-size companies today. Don has significant experience with company operations and the acquisition process and has served in a number of executive roles in both public and private companies.

"We have an exceptional team of seasoned professionals and domain experts. I look forward to working with them and our diverse client base to continue to grow our firm." added Don, "As Chief Operating Officer, I am excited to continue our long-standing commitment to enhance and realize value for our clients while maintaining our traditions of integrity, commitment and philanthropy."


For more information contact:   

W.B. (Bud) Kirchner
Founder and CEO
+1 205.313.0784 x223
budkirchner@kirchnergroup.com


 

 

  


 

 

 

 

 

 

 

 


 

DAS to hold grand opening ceremony Friday

 

 DAS North America will hold a grand opening ceremony to celebrate completion of its 300,000-square-foot facility located at Montgomery Industrial Park. The company, which manufactures automotive seat components, broke ground on the $37 million manufacturing facility in June of 2013.

 

  Those present will include DAS Corp. President and CEO Kyung Ho Kang, Montgomery Mayor Todd Strange, Montgomery County Commission Chairman Elton N. Dean Sr., Alabama Department of Commerce Secretary Greg Canfield and Montgomery Area Chamber of Commerce Chairman-Elect of the Board of Directors W. Russell Tyner. 

 

 

CONTACT:
Melissa George Bowman
Director, Marketing & Communications
Montgomery Area Chamber of Commerce
Office: 334-230-8300

Cell: 334-207-3197

March 11, 2014

 

 

 

 

 

 

 

 

 

 




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