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:
New Mill to Open in West Alabama
Automakers talk about what drives their industry
Industries on display
Intergraph to unveil new $58 million, five-story Madison headquarters Monday
UA Focuses on Research and Economic Development
Alabama to promote bioscience sector on Europe trade mission

 


New Mill to Open in West Alabama
By: Nick Gunter 
Oct. 17, 2014

Sumter County, Ala. More than 100 people filled the Bell Conference Center on the Campus of the University of West Alabama as a company announced that it plans to build a new $20 million chip mill at the Port in Epes. 

 

That company is Global Energy Solutions LLC, which says it chose West Alabama because it has the right infrastructure in place.

 

"With the combination of the infrastructure that is there, the power, the gas, the rail, the port, and the interstate within 1.2 miles of the site, this is an incredible opportunity," said Scot Corbett with GES.

 

The chip mill will be just the first phase. GES says it also plans to develop a pellet plant that will be a $120 million investment and also help in the development of the Epes Intermobile Facility. That's owned by Sumter County but will be specifically designed for the transportation of the chips and pellets produced at the plant.



more...

 

  


Automakers talk about what drives their industry

Mike Tomberlin

 

The heads of auto plants in Alabama and Mississippi spoke candidly about the challenges and successes of building cars in the South during the 2014Southern Automotive Conference at the Birmingham-Jefferson Convention Complex.

 

Jason Hoff, CEO of Mercedes-Benz U.S. International in Vance; Jeff Tomko, president of Honda Manufacturing of Alabama in Lincoln; Jim Bolte, president of the Toyota Motor Manufacturing Alabama engine plant in Huntsville; and Donald Stoegbauer, director at Nissan North America in Canton, Miss., made up the panel moderated by Bill Taylor, president of the Economic Development Partnership of Alabama.

 

The panelists seemed to agree that being part of the auto industry's emergence in the South has been beneficial to their operations versus other regions of the country. However, that doesn't mean it has been without challenges.

 

For instance, the automakers know they are putting intense pressure on their suppliers to produce parts that meet their quality standards at the lowest possible price and with the speed to meet demanding production schedules.

 

more...

 

[Alabamapowernews.com]

 

 

  


Industries on display

By Andy Brown

October 17, 2014

 

The Butler County Commission for Economic Development and the Greenville Area Chamber of Commerce will hold the second annual Built in Butler County Thursday.

 

The purpose for the event is simple - educate the public about the products produced in Butler County.

 

"The 2014 event will feature nearly 20 industries and businesses," said Rod Cater, chairman of the event. "Also, a number of state departments and utilities that are instrumental in the economic development vitality of our county and state will be present. All organizations will have representatives and materials on hand to demonstrate what they do, how they do it and why they do it."

 

more...

 

[Greenville Advocate]

 

 

 

 

  


Intergraph to unveil new $58 million, five-story Madison headquarters Monday

on October 17, 2014 

MADISON, Alabama - Two years after breaking ground on its new $58 million headquarters in Madison, Intergraph will finally be ready to unveil the building next week during the company's 45th anniversary.

 

Intergraph plans to show off the new 250,000-square-foot facility from 7-9 p.m. Monday at the Interstate 565/Madison Boulevard corridor on 305 Intergraph Way. Gov. Robert Bentley, Madison Mayor Troy Trulock, Madison County Commission Chairman Dale Strong and representatives from Hexagon, Intergraph's parent brand, are expected to speak during the event.

 

The five-story headquarters features a state-of-the-art data center, conference space, cafeteria and lakeside terraces for both work and leisure. The building is designed to give Intergraph's more than 1,000 employees the freedom to work anywhere inside the facility.

 

more...

 

[al.com]

 

 

  


 

 UA Focuses on Research and Economic Development

October 20th, 2014 | 

 

Emphasizing and encouraging the roles that research and education play in economic development was a key message in UA President Judy Bonner's recent State of the University address to faculty and staff.

 

"It is important that we do everything we can for our state by sharing the resources - the human resources and the physical resources - that we have in order to promote economic development in the state of Alabama," Bonner said.


 

She then listed four areas where the Capstone could make the greatest contribution to economic development: education, innovation, knowledge transfer and revitalization.

 

more...

 

[dialog.ua.edu]

 

  


Alabama to promote bioscience sector on Europe trade mission


MONTGOMERY, Alabama - Commerce Secretary Greg Canfield will lead a business development and trade mission to Belgium and The Netherlands next week that showcases Alabama's capabilities in bioscience and research.

 

The Alabama delegation heading to Europe on the five-day mission beginning Monday is made up of bioscience companies, research organizations, trade experts, and economic development officials from Birmingham, Mobile, Opelika, and Tuscaloosa County.

 

The delegation's goal is to forge new business relationships, identify opportunities for collaboration and investment, and learn more about the bioscience industry in Belgium and The Netherlands. Delegation members will make presentations to counterparts in both countries, engage in networking, receive briefings and take facility tours.

 

more...

 

[madeinalabama.com]

 

 




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.

Follow us on Twitter
 
Enjoy the day, 

Val Walton
   
Join Our Mailing List