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:
FreightCar plant expanding
Southern Biologics Network launches with UAB and SRI, and aims to bring drugs to market faster and more efficiently
UAH to host 2014 Huntsville STEM Call to Action Forum on Thursday
Chairman: Airbus Alabama production center expands U.S. presence
French investment will be the highlight of Consul General's visit in Mobile this week

 


FreightCar plant expanding

By Bernie Delinski Staff Writer 

December 8, 2014 

 

BARTON - FreightCar America Inc. announced expansion plans Monday that will bring 150 to 200 more jobs into the massive plant it shares with Navistar Corp.

 

FreightCar will add a rail car production line as part of a $10 million investment at Barton Riverfront Industrial Park in Colbert County.

 

Joe McNeely, president and chief executive officer for Chicago-based FreightCar, said the plant will have capacity to build 6,000 to 8,000 rail cars per year when fully operational by the second quarter of 2015.

 

McNeely said the Barton plant and its employees are bringing a successful combination to FreightCar.

 

more....

 

[TimesDaily]

 


Southern Biologics Network launches with UAB and SRI, and aims to bring drugs to market faster and more efficiently
on December 08, 2014 

BIRMINGHAM,  Alabama - Three Birmingham companies and institutions have partnered with others in North Carolina and Louisiana to form a network to oversee certain kinds of drug developments start to finish.

 

Birmingham's Southern Research Institute, Soluble Therapeutics and the Center of Structural Biology at UAB will join out-of-state partners to form theSouthern Biologics Network, a public-private partnership aimed to improve the development process of biologics.

 

Biologics are genetically engineered proteins that are often used in vaccines and drugs. In 2013, seven of the eight top selling drugs were biologics, according to the Genetic Engineering News. Some of those top selling biologics are Humira and Enbrel.


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UAH to host 2014 Huntsville STEM Call to Action Forum on Thursday
on December 08, 2014 

HUNTSVILLE, Alabama -- The University of Alabama in Huntsville on Thursday will host a STEM education forum aimed at getting the Rocket City the top-notch workforce it needs. 

 

The Huntsville STEM Call to Action Forum is a project of the Aerospace Industries Association, the Business-Higher Education Forum and the National Defense Industrial Association. Elizabeth Saba, economic development specialist with the Huntsville-Madison County Chamber of Commerce, explained that the three national groups are putting the forum on with help from local and regional STEM education leaders, as well as area industry leaders. 

 

"It's really a collaborative effort from folks who are going to get together and talk about STEM education and how to ensure that the local workforce gets the education that it needs," Saba said.



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Chairman: Airbus Alabama production center expands U.S. presence

MOBILE, Alabama - With customer deliveries of Alabama-made Airbus A320 Family aircraft set to begin in 2016, the European manufacturer is counting on its new production facility at Mobile Aeroplex to expand its presence in the world's largest aviation market, according to Airbus Group Chairman Allan McArtor.

 

"We want to be here permanently and understood to be a U.S. citizen. That's what Mobile can do for us," McArtor told CCTV America in an interview for a video segment that examined why Airbus selected Alabama for its $600 million A320 Family assembly line project.

 

CCTV America is part of CCTV News, a global English-language news channel produced by China Central Television, the world's largest broadcaster with a reach of more than 1.2 billion people. The English channel can be seen in more than 85 million homes across more than 100 countries and territories.



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French investment will be the highlight of Consul General's visit in Mobile this week
on December 09, 2014 

MOBILE, Alabama -- Denis Barbet, France's Consul General to the Southeast region of the United States, will visit Mobile this week, during a trip intended to cement the country's interest in the area as a place for future investment.

 

Barbet's trip will be hosted by business leaders from the region, including the Mobile Area Chamber of Commerce, which will host an event to spotlight the European country's existing investments. He will also meet with local member of the French-American business community and Mobile Mayor Sandy Stimpson.

 

French companies Arkema and Technip USA  already have a home in Mobile County. Arkema is a chemical maker with a factory in Axis and Technip manufactures products for the oil and gas industry in the Gulf of Mexico from its facility in Theodore. 


Upon completion, Airbus' $600 million A320 final assembly line, under construction at the Mobile Aeroplex at Brookley, will represent possibly the largest presence of a French company in the state of Alabama.


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