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:
Arts, innovation, and Governor Robert J. Bentley: Registration for Alabama's Innovation Conference is open
Lexington firm to add 80 jobs
Output at Hyundai's Alabama plant rises in July
Program aims to put people to work
North American tooling demands growing from foreign automakers
Alabama places 7 on Forbes' list of Top Small Places for Business and Careers

 


 

Arts, innovation, and Governor Robert J. Bentley: Registration for Alabama's Innovation Conference is open
on August 05, 2014 

BIRMINGHAM, Alabama -- Registration is open for the 4th Annual Innovation and Entrepreneurship Conference presented by Alabama Launchpad, a project of the Economic Development Partnership of Alabama.

 

The conference stretches two days, September 25th and 26th at the BJCC and WorkPlay. 

As I mentioned in a previous post, Friday's keynote speaker is Peter Diamandis, CEO and Founder of the X-Prize Foundation and all-around innovation vanguard.

 

Governor Robert Bentley will also be there to present the Innovation Awards and show support for the Alabama tech community. 

 

Also delivering a Keynote address is Brandon Byrne, VP of Finance for Curse, a gaming-information platform headquartered in Huntsville, AL, that serves more than 30 million unique visitors every month.

 

One-On-One Mentoring sessions with a growing number of notable Alabama experts will be available for scheduling through the conference app, which I got a brief preview of today. 


more...

 

[al.com]

 

 

 



Lexington firm to add 80 jobs

By Wayne Smith Staff Writer | 

August 5, 2014

 

LEXINGTON - The Global Home Division of Guerra Holdings is expanding, and expects to add at least 80 jobs during the next two years.


 

Fran Guerra, president of Guerra Holdings, said the company will help assemble orders for the Home Shopping Network, or HSN.


 

"It will be a repacking operation for HSN," Guerra said. "We will take parts made in the United States and add them to products made overseas."

 

Guerra is building a 20,000-square-foot building for the operation, which is next door to Guerra Special Effects, another business owned by Guerra.


more...

 

[Times Daily]

 


Output at Hyundai's Alabama plant rises in July
on August 05, 2014 

MONTGOMERY, Alabama -- Workers at Hyundai's Montgomery auto assembly plant built 32,384 vehicles in July, and the company plans two working Saturdays this month to keep pace with demand.

 

Last month, workers produced 20,910 Sonata sedans and 11,474 Elantra compacts. 

 

The total is a 9.6 percent growth over the amount of vehicles assembled at the plant in July 2013.


more...

 


Program aims to put people to work
By Lisa Tindell

Reporter

August 5, 2014

 

Meeting the needs of employers and putting people to work is the main goal of a program currently underway through work of the Region 9 Southwest Alabama Workforce Development Council.


Teaming with Reid State Technical College, the Alabama Career Center in Brewton and Monroeville, and healthcare employers from Conecuh, Escambia, and Monroe Counties, SAWDC is overseeing a grant that has made funds available to train individuals in these three counties to become certified nursing assistants.


Darwin Bolden, Project Coordinator with SAWDC said, the grant is providing training for residents of the three counties as a result of employer demand of qualified CNA.



more...

 


 

 North American tooling demands growing from foreign automakers

Automotive News
August 5, 2014 

TRAVERSE CITY, Mich. -- As North American production rises, Asian and European automakers are asking their tool-and-die suppliers to set up shop in North America, a consultant says.

 

Laurie Harbour, president of Harbour Results Inc., a suburban Detroit consultancy, says annual demand for tooling in North America will total about $16 billion in 2018, up from $10 billion this year.

 

Local tool-and-die makers don't have the capacity to meet that demand, so German and Asia automakers are asking their own toolmakers to move to North America.

 

"They want them in the South close to their plants in Alabama or Spartanburg," said Harbour, who was attending the 2014 Management Briefing Seminars here. Mercedes has an assembly plant in Vance, Ala., while BMW has a plant in Spartanburg, S.C.


more...

[Automotive News]

 

 

 

 

 


 

 

 

 

 

 


Alabama places 7 on Forbes' list of Top Small Places for Business and Careers
By Ben Culpepper 
Aug. 5, 2015

 

Alabama placed seven metroplitan areas on Forbes' Top 200 list of Best Small Places for Business and Careers for 2014.

Forbes released its annual list of Best Small Places for Business and Careers last month, and Alabama placed seven metro areas in the Top 200, including one in the Top 10.

Forbes ranks the 200 largest metropolitan statistical areas and divisions in the US, and Auburn was listed at No. 10 for 2014. The other six metros ranked include Tuscaloosa (No. 49), Florence (No. 121), Decatur (No. 146), Gadsden (No. 152), Dothan (No. 172) and Anniston (No. 179).

[abc3340]




Please feel free to forward along to someone who can use it by clicking on the "forward email" link below. Note also, that you can now make changes to your e-mail address and contact information through the link at the bottom.    
 
If you have news or suggestions, please forward them along to me.
 
Enjoy the day, 

Val Walton
   
Join Our Mailing List