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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:
March 28 grant-writing workshop in Mobile to offer high-tech companies help securing federal funds
Honda celebrates 20 million autos produced in U.S
Local auto suppliers plan to expand
Alabama delegation builds ties on Southeast Asia trade mission
Open industrial sites could be lure for Chinese companies
Entrepreneurs to compete for prize money in Alabama Launchpad final
Remington Outdoor posts 20 job openings for Alabama's new $110M production plant

 


 

March 28 grant-writing workshop in Mobile to offer high-tech companies help securing federal funds
on March 20, 2014 
 

MOBILE, Alabama - Local entrepreneurs are running out of time to take advantage of a March 28 grant-writing workshop in Mobile designed to help small, high-tech companies secure federal funding.

 

The registration deadline is Friday, March 21 for the workshop, hosted jointly by Alabama Launchpad and the University of South Alabama. The cost is $50, and out-of-state participants will be welcome for $100.

 

"Attendees are getting several thousand dollars of assistance for their registration," said Mark Weaver, USA's director of both the Melton Center for Entrepreneurship and Innovation and the Coastal Innovation Hub.

 

more...

 

[al.com]

 

 


 

 


 

Honda celebrates 20 million autos produced in U.S.
By Shane Dunaway
Mar 20, 2014 |
 
Honda Manufacturing of Alabama's 4,000 associates celebrated in spirit with associates across the U.S. Thursday as Honda's four plants nationwide recognized the achievement of cumulatively producing 20 million automobiles in the U.S.

Associates from HMA congregated near the end of Production Line 1 for a photo featuring one of the locally-produced vehicles fresh off the assembly line.

"There isn't one particular vehicle that is being identified as the 20 millionth," HMA Corporate Affairs and Communication Department Manager Ted Pratt said. "We are all collectively celebrating that production milestone today at all the plants." 

more...
 
[Anniston Star]

 

 

 

 

 


 


 Local auto suppliers plan to expand

By Patrick Rupinski
Business Editor
March 20, 2014

The Johnson Controls plant in Cottondale, which a few years ago was on the verge of being closed, will soon be the biggest revenue producer among the automotive parts supplier's plants in North America, according to a company official.

 

It's all part of the turnaround in the auto industry, particularly in the Southeast, over the past few years.

 

On Thursday, Johnson Controls officials said the company's plant in the Cedar Cove Technology Park will undergo a $10.4 million expansion that's needed to handle increased business from both

Mercedes-Benz and Honda. When the expansion is completed at the end of 2015, it also will result in about 175 new jobs at the plant.


more...

 

[Tuscaloosa News]

 

 

 

 


Alabama delegation builds ties on Southeast Asia trade mission 


MONTGOMERY, Alabama - On a Southeast Asia trade mission, Alabama business officials today established new ties to counterparts in Bangkok, Thailand, while the state's economic development leader held talks with a key Thai finance official about expanding investment and trade.

 

The Alabama delegation arrived late Saturday in Jakarta, Indonesia, for three days of activities before traveling to Bangkok, a city of 6.5 million people that is a major business and finance center in the region. While in the Thai capital, Alabama business officials received a briefing from U.S. Embassy officials and held matchmaking appointments with Thai business representatives.

 

Alabama Commerce Secretary Greg Canfield met today with Ajarin Pattanapanchai, senior executive investment advisor at the Board of Investment of Thailand. During the session, they discussed mutual opportunities for two-way industry investment and a possible visit to Alabama by Thai leaders.

 

more...

 

[madeinalabama.com]

 

 


 Open industrial sites could be lure for Chinese companies

by Jimmy Sailors

March 20, 2014

 

Luring Chinese businesses to the Wiregrass means having properties that fit their needs.

 

Access to roads, utilities, water, sewerage, rail and telecommunications all play a part in determining a site's suitability.

 

Whether developers are looking for greenfield tracts or existing buildings, area officials are willing to work out deals that make economic sense.

 

"Given the opportunity, I think between a combination of the municipally-owned properties and the private sites we can fill the needs on most projects," Dothan Area Chamber of Commerce President Matt Parker said.


more...

 

[Dothan Eagle]



 

 


 Entrepreneurs to compete for prize money in Alabama Launchpad finale

on March 20, 2014 

BIRMINGHAM, Alabama -- Seven teams from Birmingham, Tuscaloosa and Madison will compete Friday to win a share of more than $100,000 in prize money in the finale of the entrepreneurial contest, Alabama Launchpad.

 

The teams will pitch their startup business ideas before five judges. Earlier this year,the finalists were narrowed from a field of 12.

The competition will be held at Evonik Corp. at 750 Lakeshore Parkway in Birmingham. It starts at 9 a.m. and is free and open to the public.



more...

[al.com]

 


 

 


 


Remington Outdoor posts 20 job openings for Alabama's new $110M production plant
on March 20, 2014

HUNTSVILLE, Alabama - A month after announcing it will open a $110 million manufacturing plant in the Rocket City, Remington Outdoor Co. has listed 20 new job openings for Huntsville workers on its website.

 

The North Carolina gunmaker is hiring local team members in a variety of fields, including human resources, engineering, analysis and information technology.

 

The new state-of-the-arms production facility will be located at the former Chrysler building near Huntsville International Airport and could open as early as 2015. City officials have said the average annual salary for a plant worker in Huntsville before benefits will be $42,000, or $20.19 per hour.

 

more...

 

[al.com]

 




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