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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:
What's brewing in Alabama? Mobile poised to tap statewide craft beer boom
More job cuts: izzy+ to close manufacturing plant employing 200 workers in Florence
Clayton Homes opens facility employing 270 in Russellville, expects to add 50-70 new jobs
The 2014 4th Annual Alabama Launchpad Innovation and Entrepreneurship Conference to be held Sept. 25-26 in Birmingham
Nominations for the 2014 Alabama Launchpad Innovation Awards are closing soon

 


What's brewing in Alabama? Mobile poised to tap statewide craft beer boom
on July 27, 2014

MOBILE, Alabama - From Monkeynaut IPA by Huntsville's Straight to Ale LLC on tap to a cold bottle of Gadsden-based Back Forty Beer Co.'s Truck Stop Honey, Alabama-brewed craft beer is certainly no novelty in Mobile restaurants and bars.

 

Why, then, is the popular -- and soon-to-expand -- Fairhope Brewing Co. the only active brewery in southwest Alabama and one of only two south of Montgomery when central and northern Alabama have seen an explosion of activity in the past two years?

 

Dan Roberts, executive director of the Alabama Brewers Guild, confirmed there are currently 14 active manufacturing brewers in Alabama, as well as 5 active brewpubs. In addition, there are 13 planned breweries or brewpubs, four of which have been actively contract brewing their beer at another facility and already have product in the market.

 

 more...

 

[al.com

   

 


 More job cuts: izzy+ to close manufacturing plant employing 200 workers in Florence

on July 25, 2014
 

FLORENCE, Alabama - Two hundred jobs will be cut from the Northwest Alabama workforce when izzy+ closes its manufacturing operation in Florence next summer.

 

The office furniture and seating company announced the closure Friday afternoon. Work at the Florence production plant will be shifted to existing facilities in Indiana, Michigan and with select suppliers.

Kevin Kuske, president and chief executive officer of izzy+, said the consolidation will take about one year to complete.

 

"We are investing in a more nimble and focused izzy+," he said. "This requires a careful consolidation of our operations that allows us to be even more efficient and responsive in our commitment to provide our customers with world-class capabilities."

 

 

more...

[al.com]

 

 

 

 


   

Clayton Homes opens facility employing 270 in Russellville, expects to add 50-70 new jobs
on July 28, 2014

RUSSELLVILLE, Alabama - Nearly 72 hours after the Shoals learned it will lose 200 jobs following the closure of izzy+ in Florence, another company says it has created 270 positions at a new home building facility in Russellville.

 

A spokeswoman said Southern Energy Homes (SEHomes), a subsidiary of Clayton Homes, moved out of one of its home building facilities in Double Springs and has expanded at a new location in Russellville, which opened earlier this month with 270 employees. An estimated 50 to 70 new jobs will be added at the site on Highway 44.

 

A grand opening event will be held Aug. 8 in Russellville, a town of less than 10,000 residents in Franklin County. Officials declined to reveal exactly how much the building cost, but said it was a multi-million dollar investment by the company.

 

more...

 

[al.com

 

 

 

 

 


 

  The 2014 4th Annual Alabama Launchpad Innovation and Entrepreneurship Conference to be held Sept. 25-26 in Birmingham!

 

Join us as we bring together leading thinkers and change makers to provide insight and discussion on how innovation drives and sustains Alabama's economic growth.

 

Now entering its fourth year, the conference is the only kind in the state where entrepreneurs, startup founders, government leaders, economic developers, university leaders and small business owners gather in one place to network and to shine a spotlight on Alabama's innovation economy. 

 

Our line-up of speakers for this year include:

  • Gov. Robert Bentley, who has made research and development, commercialization and entrepreneurship key elements of his Accelerate Alabama strategic plan.
  • Peter H. Diamandis, an international pioneer in the fields of innovation, incentive competitions and commercial space.  In the field of Innovation, Diamandis is Chairman and CEO of the X PRIZE Foundation, best known for its $10 million Ansari X PRIZE for private spaceflight.  Today the X PRIZE leads the world in designing and operating large-scale global competitions to solve market failures. - See more at: http://www.diamandis.com/
  • Brandon Byrne, Vice President of Finance for Curse, one of the world's largest video gaming information companies based in Huntsville. 

    We also are including:

 

 

 

The conference begins on Thursday, Sept. 25, with the Alabama Launchpad Start-Up Competition Finale, where six startup teams will pitch their businesses in hopes of winning a share of $300,000. There also will be a kickoff reception and an awards luncheon. The event continues with a full-day agenda on Friday, Sept. 26.

 

Stay tuned for more exciting  announcements in the coming weeks, and in the meantime check out the Alabama Launchpad web page. 

 

 

 

 

 

 

 


 

  

Nominations for the 2014 Alabama Launchpad Innovation Awards are closing soon! 

  

The awards will recognize companies, businesses and people doing innovative things for the state. Winners will be honored on Sept. 25 at an Awards Ceremony Dinner at WorkPlay, Birmingham.

 

 On Sept. 26 at the Birmingham-Jefferson Convention Complex, winners will be recognized by Gov. Robert Bentley and will be invited to a private breakfast and book signing with Peter H. Diamandis, CEO of the XPRIZE Foundation and our keynote speaker for the Fourth Annual Innovation and Entrepreneurship Conference.

 

Nominations close July 31!

 

 

 

  Visit the Alabama Launchpad website to make your nomination

 

 

 

 

 

 

 




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Val Walton
   
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