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:
Copper plant 'a template' for Black Belt
Jacksonville trailer maker to expand, add jobs
2014 Alabama Launchpad Start-Up Competiton registration ends Sunday
Birmingham's Coca-Cola United acquires Scottsboro Coke operations, expanding its territory
Pilgrim's Pride offers $6.4B to buy Hillshire; both account for largest Alabama layoffs in 2014
Small loss in Birmingham construction job market
30th Intensive Economic Development Training Course set for July and September in Auburn

 


Copper plant 'a template' for Black Belt

Brad Harper, Montgomery Advertiser
May 28, 2014

Today, the state will celebrate the opening of a $100 million manufacturing plant that's bringing 300 jobs to an area of Alabama where they're needed the most.

 

The 500,000-square-foot GD Copper USA facility in Wilcox County will make copper tubing for use in HVAC systems domestically and around the world.

 

Commerce Secretary Greg Canfield, who will join Gov. Robert Bentley for a ribbon-cutting ceremony at the plant, said the project could point the way to recovery for the county and other areas of the Black Belt.

 

more...

 

[Montgomery Advertiser]

 


Jacksonville trailer maker to expand, add jobs

by Laura Gaddy

 May 27, 2014

 

JACKSONVILLE - Jake Baggett, owner of Baggett's Trailer Connection, will tell you that recent success at his manufacturing business is miraculous.  

 

"Our sales have increased a lot in the past couple of years, and we're having trouble building trailers as fast as we need to," Baggett said.

 

Now the company, which builds trailers for equipment, motorcycles and boats, is poised for growth. On Monday, Baggett and his family were joined by elected leaders and economic developers at a ground-breaking ceremony at the business, where he said a 7,000-square-foot building expansion will enable the company, which currently employs 12 people, to hire about 10 new workers.

 

more...

 


2014 Alabama Launchpad Start-Up Competiton registration ends Sunday

 

In the last competition, five teams won a share of $135,000 in prize money.

The Alabama Launchpad Start-Up Competition is now open to aspiring entrepreneurs across the state to compete for a pool of prize money that has increased to $300,000.

 

 

Apply today for a chance at winning money to propel your dreams of launching a startup that could provide jobs for Alabama residents.

 

Win or lose, competing teams finish Alabama Launchpad significantly more prepared to launch their business in the real world. 

 

Interested teams must submit an application and a $150 non-refundable application fee before midnight June 1. 


The Economic Development Partnership of Alabama Foundation puts on the competition, which promotes, rewards and increases the pipeline of high-growth, innovative ventures in the state.

 


More than $1.3 million has been awarded to winners since the competition started in 2006. In the last round, which ended March 21, five teams won a share of $135,000 in prize money. 

 

 

For complete rules, please visit alabamalaunchpad.com or contact Greg Sheek, Alabama Launchpad programs director, at gsheek@edpa.org or (205)943-4724. 

 

 

 

 

 

 


Birmingham's Coca-Cola United acquires Scottsboro Coke operations, expanding its territory

 

more...

 

[al.com]

 


Pilgrim's Pride offers $6.4B to buy Hillshire; both account for largest Alabama layoffs in 2014

on May 27, 2014 

Pilgrim's Pride has offered $6.4 billion to buy packaged meat company Hillshire Brands, the company said today in a press release.

 

Hillshire Brands on Wood Avenue in Florence will close by late December and lay off approximately 1,100 workers.
 

Both companies are responsible for the two largest corporate layoffs in Alabama so far this year.

In January, Pilgrim's Pride announced it would close its Boaz processing plant,forcing more than 1,000 workers to either transfer to different facilities or find other jobs. Hillshire Brands plans toshutter its Florence operation later this year and cut 1,100 workers.

 

more...

 

[al.com]

 


 

Small loss in Birmingham construction job market
Reporter-Birmingham Business Journal
May 28, 2014

The construction job market in Birmingham remained almost unchanged from April 2013 to last month, according to new datafrom the Associated General Contractors of America.

 

While jobs in this sector grew in 220 metros, 70 cities saw a decline in jobs, while 49 other areas saw a stagnant market.

 

Birmingham's decline was marginal at 3 percent, with 700 jobs lost year-over-year.

 

Most of Alabama followed that trend with the exception of Anniston-Oxford (11 percent) and Dothan (9 percent).

 

more...

 

[Birmingham Business Journal]

 


 

 30th Intensive Economic Development Training Course set for July and September in Auburn

 

With over 1,000 alumni, this two-week course is Alabama's top choice for economic and community development training. You will not find a better introduction to the basics of economic development!

  

Who Should Attend: Economic developers, Chamber of Commerce staff and board members, state and local elected officials, community leaders, utility company representatives, community and regional planners, economic and industrial development board members, workforce development representatives, and County Extension Coordinators.

  

30th Intensive Economic Development Training Course

Session I: July 14-18, 2014

Session II: September 8-12, 2014

The Hotel at Auburn University

241 South College Street, Auburn, AL

Register today!

 

Accommodations: The course will be held at The Hotel at Auburn University and Dixon Conference Center.  Hotel reservations are not included in the course registration fee. ECDI has reserved a limited block of rooms for a special rate of $104 per night plus tax.  Hotel reservations can be made by calling the Hotel at Auburn University at (800) 228-2876.

 

Questions? Contact Amelia Stehouwer: hallame@auburn.edu or (334) 844-5394, or visit the course website. 

   

 

 




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Enjoy the day, 

Val Walton
   
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