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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:
Alabama, 'the quiet one,' did big things to secure Remington manufacturing plant over other states, VP says
Alabama execs still confident, job growth outlook highest since 2006
Expert: Alabama needs to focus on workforce to raise its economic development prospects
Dealer, college unite to train big-rig mechanics
Registration is open for the 2014 4th Annual Alabama Launchpad Innovation and Entrepreneurship Conference in Birmingham Sept. 25-26
Friday is the deadline to get your nominations in for the 2014 Alabama Launchpad Innovation Awards

 


Alabama, 'the quiet one,' did big things to secure Remington manufacturing plant over other states, VP says

on July 28, 2014    

 

Meticulous planning and a willingness to "do it all" by state and local leaders is what convinced firearms manufacturer Remington to bring their new manufacturing and R&D facility to Huntsville, explained Remington VP of corporate finance and planning, Corry Doyle.

 

"Thank you," Doyle said to Alabama business leaders at the Economic Development Association of Alabama's summer 2014 conference. "Alabama came on strong with a well-organized, thoughtful proposal. When we needed something or had a question, no one said, 'That's not my job.'"

 

Remington had been looking to expand operations with a new manufacturing and R&D facility as early as 2012, Doyle explained, and that search increased "intensely" in 2013. Alabama was one of 27 states vying for the plant.

 

more...

 

[al.com


 

   




 

 

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 



 

   


Alabama execs still confident, job growth outlook highest since 2006
By Ryan Phillips, Digital Producer
July 28, 2014

Alabama business leaders are still confident heading into the third quarter, but their optimism isn't picking up steam.

 

That's according to the newest Alabama Business Confidence Index from the Center for Business and Economic Research at the University of Alabama.

 

The overall score for the index dipped 0.1 points to 55.5. Any score above 50 represents a growth outlook. The third quarter score is higher than the overall score from a year ago of 52.9.

 

The state's hiring index is also at its highest reading since 2006, according to the ACBI. Hiring jumped 3.8 points to 54.9, which is the highest since its 57.6 total from eight years ago.

 

 

more...

 

[Birmingham Business Journal

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 


Expert: Alabama needs to focus on workforce to raise its economic development prospects

POINT CLEAR, Alabama - From population figures to the number of people with a doctorate degree, site selectors are taking a more detailed look at an area's workforce when deciding where the invest millions of dollars in a new factory or office.

 

That was the main message from Jeff Forsythe, principal with Greenville, S.C.-based McCallum Sweeney Consulting site selection firm, when he addressed Alabama economic developers at the Economic Development Association of Alabama's Summer 2014 Conference.

 

Among the Alabama projects McCallum Sweeney worked are the $100 million Dollar General distribution center in Bessemer and the expansion of the Austal shipyard in Mobile.

 

Forsythe said there is a workforce component to every phase of the site selection process and at any point a major workforce issue can get a site cut from consideration.

 

 

   more...

 

[al.com

 

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 





Dealer, college unite to train big-rig mechanics 
Brad Harper, Montgomery Advertiser

July 28, 2014

A regional big-rig dealer and an Alabama community college have joined forces to create a new training program in response to a statewide shortage of diesel mechanics.

 

Lurleen B. Wallace Community College in Opp has partnered with Four Star Freightliner to create a diesel technician training program. Students work in the Four Star shop on a part-time basis while they complete their formal training at the college.

 

"They teach me something every day," said trainee Blake Flowers. "As soon as you think you know a good bit, you're wrong. There's always something causing problems that you've never seen."

 

 

 more....

 

[Montgomery Advertiser

 

 

 

 

 

 

 


 

 

 

 

 

 

 


 

  Registration is open for the 2014 4th Annual Alabama Launchpad Innovation and Entrepreneurship Conference to be held Sept. 25-26 in Birmingham!

 

 

Register here to attend the conference, 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 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:

 

 

Register here  

 

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.

 

 

 

 

 

 

 

 

 


 

  

Friday is the deadline to get your nominations in for the 2014 Alabama Launchpad Innovation Awards.  

  

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.

 

   

 

  Visit the Alabama Launchpad website to make your nomination

 

 

 

 

 

 

 




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Enjoy the day, 

Val Walton
   
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