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:
Polaris wasting no time on new $142M Huntsville plant, expects to break ground within 2 months
Alabama gets high marks for small business, entrepreneur policies
Austal USA christens USNS Trenton on the Mobile River, the Navy's fifth joint high speed vessel
Dual enrollment pays dividends for students
Birmingham's Brasfield & Gorrie finishes 10-story, 345,000 square-foot tower
UA Student Entrepreneurs to Pitch Platinum Alternative

 


Polaris wasting no time on new $142M Huntsville plant, expects to break ground within 2 months

on January 09, 2015 

HUNTSVILLE, Alabama - Polaris isn't wasting any time getting its new $142 million off-road vehicle manufacturing plant up and running in Huntsville-annexed Limestone County.

 

Paul Vitrano, vice president of global government relations for Polaris, said the Minnesota company plans to break ground on the 453-acre site west of Greenbrier Road in a couple of months. The 600,000-square-foot facility will employ at least 1,700 skilled workers and be complete by the second quarter of 2016 with the campus fully operational the following year.

 

Speaking to AL.com after a packed press conference Friday afternoon at the Jackson Center, Vitrano said Polaris is in an "enviable position of being in growth mode."

 

"Our customers love our products," he said. "We're capacity constrained right now, so we're looking to bring this facility on line as soon as possible so we can grow the product line that will be here and relieve capacity elsewhere so that our other product lines can be built out to their maximum capacity."

 

more....

 

[al.com]


 


 

Alabama gets high marks for small business, entrepreneur policies
Alan Alexander Reporter-Birmingham Business Journal
Jan. 9, 2015

Companies like Mercedes-Benz, Hyundaiand Airbus locating plants in Alabama shows how pro-business the state can be for large corporations, but a new study shows that Alabama is also an attractive location for small business owners and entrepreneurs. 

 

State rankings compiled by the Small Business & Entrepreneurship Council has Alabama ranked 7th on its Small Business Policy Index 2014, which measures 42 different state policies that include an array of tax, regulatory and government spending measurements.

 

Bruce Ely, a partner with Bradley Arant Boult Cummings, said Alabama's high ranking can be attributed to legislation that promotes its right-to-work status, a minimal union presence and job training programs. Although those attributes typically attract large corporations, he said they create a ripple effect that leads to a positive environment for all businesses and aspiring entrepreneurs.

 

more...

 


Austal USA christens USNS Trenton on the Mobile River, the Navy's fifth joint high speed vessel

on January 10, 2015

MOBILE, Alabama -- "Give her a nice hard whack," was the advice Craig Perciavalle, president of Austal USA, imparted to the sponsor of the USNS Trenton. Standing at the edge of a platform, Virginia Kamsky hurled the champagne bottle against the bow of the ship, breaking it after a second swing.

 

The ceremony held at Austal's shipyard early Saturday was the fifth such occasion, blessing another one of the U.S. Navy's joint high speed vessels. Several local and state lawmakers gathered for the ceremony at the shipbuilder's facility on the Mobile River.

 

Austal is currently under contract to build ten joint high speed vessels for the Navy's Military Sealift Command, the transportation provider for the U.S. Department of Defense. The construction of aluminum ships -- joint high speed vessel and the littoral combat ship -- helps employ more than 4,000 people.  

 

more...

 

[al.com]

 

 

 

 


Dual enrollment pays dividends for students

By Briana Harris Staff Writer | 

January 10, 2015

 

HARTSELLE - Christopher Bartholomew expected some educational benefits to come along with enrolling in career academy courses at Hartselle High, but at the time he didn't know it would lead to earning college credits and internships.


 

Students are often told of the educational opportunities awaiting them should they choose to take advantage of dual enrollment courses and invest time in career tech classes. But some are pleasantly surprised when their expectations are exceeded.


 

Bartholomew and his friend, Luke McDaniel, both juniors, have earned nine college credit hours through dual enrollment courses in Hartselle's Engineering Academy. Bartholomew said he plans to apply for a summer internship soon.

 

McDaniel said he plans to earn as many credit hours and pursue as many internship opportunities as he can before graduation.

 

more...

 

[Times Daily]

 

 


Birmingham's Brasfield & Gorrie finishes 10-story, 345,000 square-foot tower

on January 09, 2015 

A Birmingham general contractor recently finished a 10-story patient tower for an Orlando hospital that was part of a $297 million redesign and renovation.

 

Brasfield & Gorrie completed started construction on the Orlando Regional Medical Center tower in October 2011. The 345,000-square feet tower can hold 245 beds. There are 3,000 tons of reinforcing steel used in the structure and approximately 400,000 bricks.

 

The building includes a number of sustainability features. The building was angled such that the hospital could take advantage of as much natural light as possible.

 

more...

 

[al.com]

 

 


UA Student Entrepreneurs to Pitch Platinum Alternative

Jan 12, 2015 | 

 

TUSCALOOSA, Ala. - A University of Alabama business start-up team, composed of students focusing on a less costly replacement for the precious metal platinum, will compete against other entrepreneurs in the first round of the 2015 Alabama Launchpad Competition Jan. 23.

 

The student team, Conductive Chemistry, will pitch its product - a new material with many of the electrical properties of platinum at less than half the cost - to judges in the competition's first round.

 

The free event, which begins at 9 a.m. and is open to the public, will be held at Evonik Industries, 750 Lakeshore Parkway, Birmingham.

 

 

 more....

[uanews]

 



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