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 Power named one of the top economic development utilities
Why St. Clair County is on an economic development hot streak
Hyundai's Alabama plant to run overtime this month
Birmingham Mayor William Bell names new director to lead city's economic recruiting, retention efforts
Alabama Launchpad Innovation and Entrepreneurship Conference mentor featured in Business Alabama cover story
Early registration ends Sept. 19 for the 2014 Southern Automotive Conference

  


Alabama Power named one of the top economic development utilities

September 2014

 

Site Selection, a leading economic development publication, recognizedAlabama Power Company among its Top 10 Utilities in Economic Development in the magazine's September 2014 issue.

 

Commercial Jet's $12 million expansion in Dothan is one of the projects mentioned in the Site Selection story.

 

"This year's Top Utilities feature some familiar names," Adam Bruns, managing editor of Site Selection, said. "That's because they not only continue to turn in the numbers year after year, but continue to invest in doing more, and in innovative new approaches to partnering with both companies and communities. In other words, despite regulatory concerns, prices of fuel and a host of other mitigating factors, they mean what they say when it comes to their mission to serve."

 

The Site Selection article spells out what put Alabama Power on the list this year:

"Serving 1.4 million customers across the southern two-thirds of Alabama, the Southern Company subsidiary's economic development team helped companies create 1,810 new jobs in 2013 with total capital investment closing in on $2 billion. Corporate facility investors include BASFEvonik,Commercial JetKnauf InsulationGestampRoyal CupInfitus Energy,Kennametal TriconBolta Werke GmbHComauAtlas Roofing Corp. andToyota Boshoku. The team has partnered with others in a recruitment effort for the tool-and-die sector, part of a larger effort to fill supply chain gaps for automotive companies in the Southeast.

 

more...

 

[alabamapowernews.com]



 

 

  


 

Why St. Clair County is on an economic development hot streak
Bryan Davis Reporter-Birmingham Business Journal
Sept. 5, 2014

St. Clair County is one of the fastest growing counties in Alabama, but it did not get its current momentum by accident.

 

The St. Clair Economic Development Council, since its creation in 1999, has worked to establish links between elected officials in a county separated by a mountain, with multiple municipalities.

 

These relationships have resulted in a string of economic development wins for St. Clair, especially in the first seven months of 2014.

 

more...

 

[Birmingham Business Journal]



 

 

  


Hyundai's Alabama plant to run overtime this month

on September 05, 2014 

MONTGOMERY, Alabama -- Employees at Hyundai's Alabama car factory will work overtime this month to meet demand for the redesigned 2015 Sonata sedan.

 

The Montgomery plant has scheduled two production Saturdays for September, plant spokesman Robert Burns said this week.

 

The move comes as U.S. sales of the Sonata rose 25 percent in August. The updated sedan began rolling out to dealers in early summer.

 
more...

[al.com]

 

  


Birmingham Mayor William Bell names new director to lead city's economic recruiting, retention efforts

on September 03, 2014


BIRMINGHAM, Alabama -- Birmingham Mayor William Bell today appointed Lisa Cooper as the city's director of economic development.

 

Cooper previously served as a senior project manager in the Office of Economic Development.

 

She fills the top post that has been vacant nearly a year following the resignation of Tracey Morant-Adams, who left the position in Oct. 2013 to join Renasant Bank.

 

more...

 

[al.com]



  


 

Alabama Launchpad Innovation and Entrepreneurship Conference mentor featured in Business Alabama cover story  

 

 

Engineering Lightning Growth

TEXT BY ALYSHA SCHERTZ

September 2014

 

Ralph Hargrove, founder and CEO of Hargrove Engineers + Constructors, at the site in Mobile of the Kress department store, which Hargrove is redesigning as the new home for a downtown YMCA.

 

As one of the nation's fastest growing design engineering firms, Mobile-based Hargrove Engineers + Constructors is focused on more than just designing and building physical structures. The company pursues diversification and organic growth by building relationships.

 

"The key to our success is relationships," says Vicki Studstill, vice president of relationship building and marketing. "We rarely, if ever, do just one project for a client. Our business is built on developing and growing those relationships, so we can do more for our clients the next time there is an opportunity."

 

"Being as flexible as possible and keeping the best talent, you can support clients day in and day out," says founder Ralph Hargrove. "Growing client relationships - geographically and sustainably - has enabled our team to keep a quick tempo and respond in a timely manner to client requests. It's not about having the most/largest roster of talent but having the best roster of capabilities."

 

 

more...

 

[Business Alabama]

 

For more information on the 4th Annual Alabama Launchpad Innovation and Entrepreneurship Conference.

 

Learn more about the 30 mentors available for One-on-One Mentoring.

 

 

 


 


 
 

 

 

 

 

 

 

 

  


 




Early registration ends Sept. 19 for the 2014 Southern Automotive Conference 

 

October 8-10, Birmingham


In October, senior executives from OEMs from across the southeast will showcase their plants' latest developments. Key elected officials from southern states will discuss maintaining and increasing the region's competitive advantage. OEMs and suppliers will roll up their sleeves and talk about supplier best practices to ensure that, as an industry, we meet the growing challenges of the global market. Join us in Birmingham and be a part of the conversation. Visit the SAC website to register
. Don't forget to plan to arrive early and play a round of golf or take a tour of Birmingham breweries! Golf registration deadline is Sept 8!

 

The SAC is hosted by the Alabama Automotive Manufacturers Association in partnership with the Tennessee (TAMA) and Mississippi (AAMA) automotive manufacturers associations and support from the Georgia (GAMA) and South Carolina (SCAC) associations.


 


 

 

 

  

 

 

 

 

 


 


 
 

 

 

 

 

 

 

 




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Enjoy the day, 

Val Walton
   
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