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:
JIN Alabama Corp. to hire 23 after Phenix City plant expansion
U.S. Space & Rocket Center in Huntsville announces major addition to Shuttle Park, $70K crowdfunding campaign
New ASU President Gwendolyn Boyd to speak at economic development symposium
BizTech, Downtown Huntsville, Inc. preparing to launch innovative downtown coworking space
Huntsville mourns loss of 'visionary leader,' Cummings Research Park co-founder Joe Moquin
Small high-tech companies in need of federal funding sought for March 28 workshop in Mobile

 


ILJIN Alabama Corp. to hire 23 after Phenix City plant expansion

BY CHUCK WILLIAMS

chwilliams@ledger-enquirer.com

March 18, 2014 


A South Korean automobile parts manufacturer plans to hire 23 additional employees over the next year after a $16.5 million expansion at its Phenix City plant.

 

Phenix City Council voted Tuesday night to give ILJIN Alabama Corp. tax abatements and up to $150,000 in incentives for the expansion of its Phenix Industrial Park facility, which opened in 2010.

 

The company, which manufactures wheel bearings for companies such as Kia, Hyundai, Chrysler and General Motors, currently employs 62 people in its Phenix City operation.

 

Council met with company executives Monday afternoon in a closed session to discuss an "economic development" matter. Council then voted 5-0 Tuesday at its scheduled meeting to approve the tax breaks and the $150,000 incentive that ILJIN Alabama will use to clear and prepare the expansion site, which is next to its existing building at 14 Downing Drive.


more...

 

 


 

 

U.S. Space & Rocket Center in Huntsville announces major addition to Shuttle Park, $70K crowdfunding campaign

HUNTSVILLE, Alabama - The U.S. Space & Rocket Center in Huntsville today formally announced the launch of its first-ever crowdfunding campaign for the installation of a Grumman Gulfstream II Shuttle Training Aircraft in Shuttle Park. 

 

The G-II aircraft, a business jet converted by NASA to be used as a shuttle astronaut training tool to land the Space Shuttle Orbiter, was acquired by the space center two years ago and is currently stationed at Birmingham Shuttlesworth International Airport.

 

The 60-day "Land the STA" Indiegogo campaign to raise $70,000 will fund site preparation and structural supports to install the training aircraft at Shuttle Park, which is home to Pathfinder, the world's only full-stack shuttle display.


 more...

 

[al.com]

 

 


 


New ASU President Gwendolyn Boyd to speak at economic development symposium

on March 18, 2014 

MONTGOMERY, Alabama -- Alabama State University's new president, Gwendolyn Boyd, will discuss economic development during a symposium Wednesday in Brewton. 

 

The Regional Economic Symposium on Vision for the Alabama Southern Crescent is scheduled for the luncheon scheduled from 11:30 a.m. to 2 p.m. Wednesday at the Country Club of Brewton.

 

The event is co-sponsored by ASU's Southern Normal campus, the Brewton Area Chamber of Commerce, the Atmore Area Chamber of Commerce, the Escambia County Industrial Development Authority, the Coastal Gatway Regional Economic Development Alliance and Reid State Technical College.

 

more...

[al.com]

 

 


BizTech, Downtown Huntsville, Inc. preparing to launch innovative downtown coworking space

on March 18, 2014 

HUNTSVILLE, Alabama - What was once a boudoir and glamour photography studio will soon become a coworking space for aspiring entrepreneurs, freelancers and telecommuters under one roof in downtown Huntsville. 

 

Downtown Huntsville, Inc. announced today it has leased a 1,500-square-foot space on 125 North Side Square to develop a shared working environment operated by BizTech, a technology-focused incubator in Huntsville.

  

The facility, which will be called Space to Be Co-working, was most recently home to Studio 125B and is next door to the popular Amendment XXI nightclub. The space will be managed by Jonathan Pease, BizTech's new director of marketing and community relations. 

 

more...

 

[al.com]

 


Huntsville mourns loss of 'visionary leader,' Cummings Research Park co-founder Joe Moquin

on March 18, 2014 

HUNTSVILLE, Alabama - Around the time of President John F. Kennedy's famous 1961 pledge to have an American set foot on the moon before the end of the decade, Joe Moquin was helping his own company make a giant leap in Huntsville.

 

Moquin selected a cotton field across from the University of Alabama in Huntsville as the future home of Brown Engineering, which would later become Teledyne Brown Engineering.

 

That seemingly innocuous decision changed the Rocket City's future by eventually giving rise to Cummings Research Park, the second-largest technology park in the U.S.

 

Moquin died Sunday at the home of his daughter, Meg Moquin Hereford, following a long battle with Alzheimer's disease. He was 89.

 

more...

 

[al.com]

 


 

Small high-tech companies in need of federal funding sought for March 28 workshop in Mobile

 

Alabama Launchpad and the University of South Alabama are offering a workshop March 28 in Mobile to help small high-tech companies secure funding through the Small Business Innovation Research (SBIR) and the Small Business Technology Transfer (STTR) programs. 

 

Those programs make more than $2 billion a year available to promising research and development companies.

 

Got a small company in need of funding or know of a company?

 

The Alabama SBIR/STTR Assistance Program's Proposal Preparation Workshop will offer information to help companies get the tools needed to write competitive proposals for high-tech, innovative projects.

 

The workshop will be from 9 a.m. to 4 p.m. March 28, in the 3rd Floor Board Room at the Mobile Area Chamber of Commerce. Check-in begins at 8:30 a.m.

Cost: $50 ($100 for out-of-state attendees)

Deadline for registration is Friday, March, 21.   Register here

 

 

Contact Austen Parrish at aparrish@edpa.org or 205-943-4727 or Mark Weaver at markweaver@southalabama.edu or 251-460-6702.

 

More information about the Alabama SBIR/STTR Assistance Program, a project of the Economic Development Partnership, is available on the Alabama Launchpad website.  


 




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