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:
Georgia-Pacific investing $375 million to boost energy efficiency of Brewton mill
Manufacturing still highest employer for Alabama
Company moving to Belle Mina
State to hold supply chain and logistics conference in Birmingham
Peter Diamandis, the world's foremost expert in incentivized innovation, to speak at Alabama Launchpad conference in Birmingham
Kennedy Co. gets $24K federal grant to train workers at Scottsboro manufacturing facility
Alabama Launchpad and Montgomery Area Chamber of Commerce to help small businesses secure federal grants on Aug. 26

 


 

Georgia-Pacific investing $375 million to boost energy efficiency of Brewton mill
on August 04, 2014

BREWTON, Alabama - Georgia-Pacific will invest $375 million in an energy improvement project at its Brewton mill the company announced Monday.

 

Construction is slated to begin within the next two months and be completed within two years.

Specifically, the project is intended to modernize and streamline the current equipment mix in the mill's recovery boiler system, thereby, contributing to more efficient processes and operations.

 

"Georgia-Pacific has a track record of investing back into our business to help continuously improve our operations and meet the long-term needs of our customers, our company, our communities and our employees," Jim Hannan, Georgia-Pacific's chief executive officer, said in a prepared statement announcing the project.

 

more...

[al.com]

 

 

 

 




Manufacturing still highest employer for Alabama
Ryan Phillips Digital Producer-Birmingham Business Journal
August 5, 2015

The Alabama economy remains based on the manufacturing sector, as the rest of the country sees majority employment in other industries.

 

The Bureau of Labor Statistics, or BLS, charted each state's largest industries from 1990 to 2013. At the start of the BLS timeline, manufacturing was the largest employer in the U.S., which has now given way to health care and social assistance.

 

Alabama has remained stable in manufacturing, according to the BLS, and prior to the 2008 recession, all neighboring states saw their highest employment in manufacturing.



more....

 

 


Company moving to Belle Mina

By Bayne Hughes Staff Writer | 

August 4, 2014

 

ATHENS - A Huntsville trailer company is moving to Belle Mina with a $5.2 million expansion plan that includes adding 120 employees.

 

Owner Paul Pencola is moving his P&T Welding and Trailer Sales company from his Alabama 53 location to two storehouses owned by the South Limestone Cooperative.

 

Pencola formed Pencola Enterprises to purchase the storehouses and add offices that connect them into one facility.

 

The company is moving from a 45,000-square-foot building to a roughly 100,000-square-foot facility.


more...

 

[Decatur Daily]

 


State to hold supply chain and logistics conference in Birmingham
on August 04, 2014 

The state of Alabama will hold its third annual Global Supply Chain & Logistics Summit in Birmingham later this month.

 

The Birmingham Business Alliance will host the event put on by the Export Alabama Alliance, which is aimed at teaching companies how to improve their efficiency and bottom line.

 

"With such a turbulent global economy, ensuring that our supply chains remain strong and continue to grow are important topics for our companies," Alabama Secretary of Commerce Greg Canfield said in a prepared statement. "Business owners need an in-depth look at core processes and common supply chain challenges so they can identify and focus on key enablers. This conference will give them the tools and knowledge they need to achieve this."



more...

 


Peter Diamandis, the world's foremost expert in incentivized innovation, to speak at the Annual Alabama Launchpad Innovation and Entrepreneurship Conference in Birmingham  

 

We are a little over a month away from our annual conference, Sept. 25-26, where Peter Diamandis, founder, chairman and CEO of the XPrize Foundation -- a non-profit focused on designing and launching large incentive prizes to drive radical breakthroughs for humanity's benefit-- is our keynote speaker.

 

Peter Diamandis.
We wanted to share more information about Diamandis, who is focused on driving breakthroughs in products, companies and industries and is passionate about solving some of the world's grand challenges.

 

 His message is clear: there is no challenge that cannot be overcome.  Diamandis and the XPrize have been hired by many groups to create incentivized innovation, including Google, NASA, U.S. Department of Energy and the U.S. Department of Transportation. 

 

We look forward to having you join us to hear Diamandis bring a special blend of innovation and optimism with his message, "Innovation Can Happen Anywhere: Disruptive Technology and Innovation in Alabama." 

 

Register Today!

 

 Read his latest article here: http://www.huffingtonpost.com/peter-diamandis/stories-of-abundance-thin_b_5639620.html

 

 

Learn more about the conference

 

 

 


 

 

 

 

 

 


Kennedy Co. gets $24K federal grant to train workers at Scottsboro manufacturing facility
on August 05, 2014 

SCOTTSBORO, Alabama - A direct manufacturer of noise control barriers and sound proofing products in Jackson County will have an opportunity to train several employees thanks to a new $24,100 grant from the U.S. Department of Labor.

 

Gov. Robert Bentley announced Monday that The Kennedy Co. in Scottsboro will train six workers so they can earn certification from the International Organization for Standardization.

 

 Doing so will help the family-owned business compete for new business contracts.


more...

 

[al.com]

 

 

 

 

 



Alabama Launchpad and Montgomery Area Chamber of Commerce to help small businesses secure federal grants on Aug. 26

 

 

Register today! 

 

 

 




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