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:
CORE4 economic partnership announced
Grant will help Courtland overcome International Paper plant closure
Major gains in Alabama manufacturing productivity tied to use of robotics, other manufacturing technology
Relationships important in international business "even karaoke can be more important than you think"

 


CORE4 economic partnership announced

By SHANE DUNAWAY, Home staff writer

Nov. 10, 2014

 

TALLADEGA SUPERSPEDWAY -- Economic leaders from St. Clair, Talladega, Calhoun and Cleburne counties unveiled a new economic development partnership, CORE4, during a press conference here Monday morning.

 

According to Julia Segars, vice president of Alabama Power's Eastern Division and co-chair of CORE4, the strategic alliance between the four counties along the east Alabama Interstate-20 corridor will be dedicated to coordinating efforts to attract industry to the area.

 

"This effort is a continuation of the regionalism efforts we began last year," Segars said. "We want to make sure that we do our part to bring business and growth to east Alabama. We know that economic developers and site selection consultants are in favor of regions that work together to bring in new opportunities."


more...

[Anniston Star ]

 


Grant will help Courtland overcome International Paper plant closure
By Bliss Bowman Wade
Nov. 10, 2014
COURTLAND, AL (WAFF) -Alabama Gov. Robert Bentley awarded the town of Courtland a $32,000 Community Development Block Grant to help the community overcome the loss of 1,100 jobs with the closing of the International Paper mill.

The mill shut down in early 2014, leaving workers from eight counties without jobs.

 

The grant will help the community develop a recovery plan to get on with its economic life.



more...

 

  


Major gains in Alabama manufacturing productivity tied to use of robotics, other manufacturing technology

on November 08, 2014 

HUNTSVILLE, Alabama--Major gains in productivity among Alabama manufacturers tie directly to increasing use of industrial technology, better workplace planning and other efficiency efforts, say a chorus of Alabama industry observers.

 

Reflecting a national trend, Alabama manufacturing is improving, producing the same amount of output with fewer workers.

 

Since 2004 manufacturing has contributed about 18 percent of the state's total gross domestic product. And while it took 15 percent of Alabama's workforce to do that in 2004, 13 percent of Alabama workers do that today.

 

more....

 

[al.com]

 

 

  


 


Relationships important in international business "even karaoke can be more important than you think"
on November 10, 2014 

Huntsville, Alabama - Think your human resource people know what to tell your people doing business in Kuwait or South Korea? Think again.

 

People management and relationship building are two key issues, say HR and management consultants at Thursday's Navigating the International Landscape of People Management conference presented by the North Alabama International Trade Association.

 

Forming relationships with international business customer and associates is more important than most Americans think, says Debbi McGee, president of PZI International Consulting.

"If you don't have time for a meal with them, they won't have time to do business with you."

"We Americans tend to be more active in our business dealings, but except for England and Germany, most nations like to take time to get to know you. If you don't have time for a meal with them, they won't have time to do business with you.

 

more...

 

[al.com]





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