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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:
Birmingham has potential to become research and technology hub
Bentley awards grant for worker training at Yutaka Technologies Inc.
Planes, trains, cars keep development on track
German aviation engineers visit Tech, Gulfstream, Airbus on trade mission



Birmingham has potential to become research and technology hub
 Bryan Davis Reporter-Birmingham Business Journal
Jun 1, 2014

Birmingham is taking steps to shake the stigma of being a product of the Industrial Revolution to become known for technology and innovation research.


The metro is home to over 120 biotech firms, the business incubator Innovation Depot and the research facilities associated with the University of Alabama at Birmingham.


That is why Germany's Evonik Corp. opted to expand its footprint in Birmingham,announcing on Friday the creation of 25 jobs through the Innovation Center it will create for medical technology research.



[Birmingham Business Journal]






 Bentley awards grant for worker training at Yutaka Technologies Inc.

MONTGOMERY - Gov. Robert Bentley has awarded a $30,000 grant to help 10 workers at a Cullman manufacturing company to learn new job skills.


The grant to Alabama Cullman Yutaka Technologies Inc. will help provide on-site training to boost productivity at the supplier for the automotive industry.


"By learning new skills, employees can increase productivity and help companies stay competitive," said Bentley. "I am pleased that we can assist these employees to gain skills that will increase their value to their employer."


Yutaka Technologies is a Tier-1 manufacturing facility for Honda, producing parts for their Ridgeline, Odyssey, Pilot and Acura MDX vehicles. The Cullman facility employs more than 400 people.




[Cullman Sense]




 Planes, trains, cars keep development on track

Brad Harper, Montgomery Advertiser
June 1, 2014

In a period of booming manufacturing growth, transportation has helped Montgomery keep its momentum.


The city routinely ranks among the leading sites to land companies because of its access to interstates, railroads and air travel. That's one of the reasons Hyundai opened its first American production plant here nearly 10 years ago, and it's kept a stream of new manufacturers coming.

DAS North America is one of the latest, building a $35 million plant here this year and planning to have 440 workers in Montgomery building parts for Hyundai and Kia in Georgia. It's easy to ship the parts because the city sits at the intersection of Interstates 65 and 85, and dozens of railcars crisscross the city each day carrying freight.


CSX operates a major railyard and a transfer terminal here, serving the auto industry and others. The company invested $69.5 million in its Alabama network in 2012 alone. It spent $864 million on railcars in that same year to keep things rolling.



German aviation engineers visit Tech, Gulfstream, Airbus on trade mission

By David Pendered

June 1, 2014


A group of German aerospace engineers are to tour the booming aviation industry in Georgia and Alabama after attending a science seminar Monday at Georgia Tech.


The scientists are traveling in a group of about 50 individuals, all of whom are part of a broader trade mission that seeks to foster relations among German engineers and manufacturers and their U.S. counterparts. The trip's being coordinated by the German American Chamber of Commerce in the Southern U.S.


These conversations underscore the tremendous advancement in the aerospace industry since aviation pioneer Charles Lindbergh flew his first solo flight in Georgia, in 1923 from Souther Field, in Americus. Four years later, Lindbergh entered the annals of history with his transatlantic flight from New York to Paris.




[Saporta Report]


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Enjoy the day, 

Val Walton
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