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:

 


 

Lockheed Martin to add 240 employees to Troy facility by 2020

on February 19, 2015 

Lockheed Martin announced today it is adding 240 employees by 2020 in an expansion to its Pike County Operations facility in Troy, through a partnership with the state.

 

Gov. Robert Bentley was in Troy this morning to make the announcement.

 

The expansion will help meet an increase in U.S. and international orders for Lockheed's joint air-to-surface standoff missile and its terminal high altitude area defense missile. The missiles will be assembled in Pike County.

 

The state will be pitching in $2.5 million to fund infrastructure improvements related to job creation, state officials said.

 

more...

 

[al.com]

 

 


North Alabama companies win big at Business Council's Manufacturer of the Year awards

on February 19, 2015 

North Alabama cleaned up this morning at the Business Council of Alabama and Alabama Technology Network's 2015 Manufacturer of the Year awards in Montgomery.

 

The MOTY ceremony, which has recognized Alabama businesses since 2000, honors companies that excel in leadership, performance and operations, customer focus, profitability and workforce relations. An independent panel of judges selected the winners.

 

The program is a top event for the BCA, Alabama Technology Network, Chamber of Commerce Association of Alabama and National Association of Manufacturers (NAM). Jay Timmons, CEO and president of NAM, was the keynote speaker during the ceremony.

 

more...

 

[al.com]

 

 

 


Toyota Alabama in Huntsville announces new general manager of production

on February 19, 2015

Toyota Motor Manufacturing Alabama in Huntsville has a new general manager of production.

 

Bob Crull is responsible for Toyota's four-cylinder, V6 and V8 engine lines. Crull, who has served in different leadership roles at Toyota over the past 10 years, has experience with expansion projects and in engineering and production operations.

 

The Madison resident, who has a wife and daughter, has spent his career working in the automotive manufacturing business.

 

more...

 

[al.com]


 

 

 

 


Alabama educators discuss early childhood education benefits

Drew Taylor, Montgomery Advertiser
February 19, 2015

"We must invest in the first five year of Alabama's children in order to guarantee the future prosperity of our state," Ross told an audience Thursday.

 

Ross, commissioner of the Alabama Department of Children's Affairs, was one of several speakers at the Alabama Governor's Early Childhood Education Leadership Summit, which was held at the Wynlakes Golf and Country Club in Montgomery. 

 

The audience was comprised of a variety of early childhood advocates, such as child care providers, pre-K administrators, school board members, principals, superintendents and others.

 

more...

 

[Montgomery Advertiser]


 


Shelby visits Butler County

By Andy Garner

February 17, 2015


U.S. Sen. Richard Shelby, R-Ala., visited a "heartbeat" of the Butler County economy on Monday as part of his statewide tour to promote industry and jobs.

 

Shelby, along with other dignitaries and officials toured Coastal Forest Products in Georgiana, which manufactures plywood and timber.

 

Earlier Monday, Shelby visited SABIC Innovative Plastics in Lowndes County.

 

more...

 

[Greenville Advocate]

 

 


 

Vulcan Chairman Don James to step down
Ty West Managing editor-Birmingham Business Journal
 Feb. 19, 2015
.

Don James will step down as chairman of the board at Vulcan Materials Co. at the end of 2015.

 

In addition to his role on the board, James also served as the company's CEO until last year, when he stepped down and was replaced by Thomas Hill at Vulcan, a construction aggregates company that ranks among Birmingham's largest publicly traded companies.

 

After Hill was named CEO, James began serving as executive chairman - a role he held until becoming non-executive chairman when he retired as a Vulcan employee on Jan. 15.


 

 



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