EDPA NewsFlash

 

home       about edpa        relocation     resources for     resources for     entrepreneurship &
                                          assistance     companies        communities            technology    

 

 

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:
Prattville Chamber names new president
As embargo support wears thin, Alabama business leaders seek stronger ties with Cuba
Tuscaloosa area residential sales up 15% in February
Calhoun Community College buying land for planned $34M expansion in Huntsville
Gov. Robert Bentley to hold ceremonial bill signing for new Alabama Workforce Council

 


Prattville Chamber names new president

By Brad Harper
on March 14, 2014
 

PRATTVILLE, Alabama - After a search that lasted less than a week, the Prattville Area Chamber of Commerce found a new leader close to home.

 

Patty Vanderwal was named the Chamber president Thursday, succeeding Richard Ray who resigned last Friday. Vanderwal is a six-year Chamber staff member who has lived in Prattville most of her life.

 

"I grew up in Prattville, so for me it's just a tremendous feeling to be in my community doing something as important as what the chamber does," she said.

 

Ray came out of retirement last year to lead the Chamber. Walter Kennedy, the chairman of the Chamber's board of directors, said Ray had to leave for personal reasons but that "we will always be in his debt."

 

Vanderwal has an accounting background, and Kennedy praised her knowledge and expertise, as well as her dedication. She's the fourth Chamber president in the last six years.

 

more...

 

[Montgomery Advertiser]


 

 


As embargo support wears thin, Alabama business leaders seek stronger ties with Cuba

on March 14, 2014 

MOBILE, Alabama -- Cuba, with its tourist-dotted beaches and tangled political history, has long sustained trade partnerships with many countries. All accept the United States, the only holdout clinching to a Cold War-era embargo against the island nation. But that old attitude has begun to wear thin.

 

Business leaders, at least some in Alabama, foresee an end to the 50-plus year moratorium on unfettered commercial trade. And they want to be ready when it happens.

 

So was the theme this week during a visit by the Chief of the Cuban Interests Section José Cabañas, as he toured the Mitchell Cancer Institute and the Port of Mobile, receiving presentations on the many reasons to keep the Port City in mind.

 

"In the future we can buy Airbus' from you -- and Kias as well," Cabañas said, half-joking, in a meeting room inside the International Trade Center. But lately, it seems, that could become a reality.


more...

 

[al.com]


 


 


Tuscaloosa area residential sales up 15% in February

By Alabama Center for Real Estate (ACRE)  

March 13, 2014

 

TUSCALOOSA, Alabama - Tuscaloosa area residential sales totaled 151 units in February, an improvement in sales growth of 15.3 percent from last February and 17 units above our monthly forecast. The winter storm that hit Tuscaloosa the last week of January pushed several closings into February. Our year-to-date forecast is only 7 units shy of projections when you take into account both months.

 

Supply: Tuscaloosa housing inventory totaled 1,414 units, a decrease of 2.5 percent from February 2013. In contrast, February inventory increased 2.2 percent from the prior month. This movement is consistent with historical data indicating that February inventory on average ('09-'13) typically increases from the month of January by 3.2 percent. Builders are gaining more confidence and adding more new home supply (up 21% from February 2013) to satisfy improved demand. Inventory has now declined 26.2% from the month of February peak (1,917 units) reached in 2008. 

 

more...

 

[al.com]    

 

 


Calhoun Community College buying land for planned $34M expansion in Huntsville

on March 13, 2014 

 

HUNTSVILLE, Alabama - A planned $34 million expansion of Calhoun Community College's Huntsville campus is barreling towards reality.

 

At its meeting tonight, the Huntsville City Council will consider paying the Goodwyn, Mills and Cawood engineering firm $108,460 to figure out how best to relocate a portion of Wynn Drive near the main entrance to the college.

 

A related item on the council agenda calls for the city to buy 2.7 acres needed to shift the road to the east between Old Madison Pike and Technology Drive.

 

103 Wynn Drive, a limited liability corporation based in Missouri, has offered to sell the land to the city for $256,920. It also intends to sell the State Board of Education 9.91 acres bordering Calhoun Community College for $943,000.

 

Calhoun spokeswoman Janet Kincherlow-Martin said the land on the west side of Wynn Drive is the site of a future 90,000-square-foot classroom building. It is being designed now by Chapman Sisson Architects. 

 

more...

 

[al.com]


 

 

 


Gov. Robert Bentley to hold ceremonial bill signing for new Alabama Workforce Council

on March 13, 2014 

 

TRINITY, Alabama - Gov. Robert Bentley will be in north Alabama on Friday morning for a ceremonial signing of SB 217, a bill that creates the new Alabama Workforce Council.

 

Sponsored by Sen. Paul Bussman, R-Cullman, and Rep. Terri Collins, R-Decatur, the bill establishes a council of governor-appointed business executives and industry leaders who will assist state officials on issues related to workforce development. 

 

more...

 




Please feel free to forward along to someone who can use it by clicking on the "I'd like to forward this to a contact" link below the green bar. Note also, that you can now make changes to your e-mail address and contact information through the link at the bottom.    
 
If you have news or suggestions, please forward them along to me.
 
Enjoy the day, 

Val Walton
   
Join Our Mailing List