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:
Riverside Refractories completes $3 mllion expansion project
Mercedes, Volkswagen supplier in Tuscaloosa expanding
Sen. Sessions tours cooperage facility
Alabama ranks first in nation for Advanced Placement test growth overall, among minorities
Kick your new startup or business idea into gear during CO.STARTERS event in Huntsville

  


Riverside Refractories completes $3 mllion expansion project

by David Atchison

August 27, 2014

 

PELL CITY -- Riverside Refractories recently expanded their production capabilities with the installation of a new processing line, a $3 million project.

 

"As we continue to improve our products and processes, we are excited to announce the installation of our new processing line," said John Morris, president of Riverside Refractories.

 

Officials with the St. Clair County Economic Development Council, which made the announcement Wednesday, said the $3 million project will accelerate production, support sales growth, and open many future opportunities for the company.

 

more...

 

[Anniston Star]

 

 

 

 

 

 

  


 

 Mercedes, Volkswagen supplier in Tuscaloosa expanding
By Patrick Rupinski
Business Editor
August 27, 2014 

A company that supplies automotive structural parts to Mercedes-Benz and Volkswagen plans to expand its plant at the Tuscaloosa Airport Industrial park.

 

The almost $18 million expansion at Metalsa Tuscaloosa (formely ISE Innomotive Systems U.S. Inc.) will include new high-tech equipment and will result in 16 additional jobs, according to the Metalsa plant manager Andre Louw. The Tuscaloosa plant now has 116 employees.

 

The new equipment will include a hot-form press that will make stronger structural support components for vehicles without increasing the vehicles' weight.


more...

 

[Tuscaloosa News]

 

 

  


Sen. Sessions tours cooperage facility

By Jeff Edwards Staff Writer | 

August 28, 2014

 

United States Senator Jeff Sessions said teamwork between local and state government is vital to recruiting business and industry, and said the Jack Daniel Cooperage in Trinity is an example of that teamwork.

 

Sessions, R-Alabama, was in Lawrence County last Friday to take a tour of the cooperage, which opened earlier this year and makes the barrels that Jack Daniel whiskey is stored in.

 

"This investment is proof of industrial recruitment of local and state officials," Sessions said following the tour. "They met with the Jack Daniel's people and found out what they needed and were able to provide that."

 

more...

 

[Moulton Advertiser]

  


 

 

Alabama ranks first in nation for Advanced Placement test growth overall, among minorities

on August 27, 2014 

MONTGOMERY, Alabama -- Alabama ranks first in the nation for percentage growth of students earning passing scores on AP or Advanced Placement tests, according to the A+ Education Partnership.

 

In an announcement today with Gov. Robert Bentley, the partnership said the number of qualifying scores on AP math, science and English tests climbed from 4,037 in 2008 to 9,537 this year.

 

That's an increase of 136 percent compared to the national increase of 49 percent over the same time period, ranking Alabama first in the nation.

 

 

 

more...

 

[al.com]

 

  

 

 

 

 

 


 


 
 

 

 

 

 

 

 

 

  


 

 

 

Kick your new startup or business idea into gear during CO.STARTERS event in Huntsville

on August 28, 2014 

HUNTSVILLE, Alabama - If you're running a fledgling startup or a wannabe entrepreneur with an idea for a new business, Rocket Hatch is offering a nine-week program to help you get your concept off the ground.

 

Rocket Hatch, a Huntsville-based nonprofit organization and open community of creators and entrepreneurs, will kick off CO.STARTERS in North Alabama next month. Using lean business model methods, the program was started in Chattanooga but has been adopted by more than 20 groups in Arizona, Ohio, Tennessee, Florida and Indiana.

 

CO.STARTERS allows participants to take part in small groups of like-minded peers to develop a "deeper understanding of how to create a sustainable business, articulate your models and repeat the process as you continue to iterate your ideas." Participants are encouraged to fill out this survey prior to joining.

 

more...

 

[al.com]

 

 

 

  

 

 

 

 

 


 


 
 

 

 

 

 

 

 

 




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Val Walton
   
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