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:


2 north Alabama cities within 25 miles of each other make NerdWallet's best places for engineers

on February 25, 2015 

The north Alabama city with the country's highest concentration of engineers and technology workers was recently named the best place for engineers in the U.S.


NerdWallet ranked Huntsville the nation's top engineering city in a study published online Monday. The personal finance website, which analyzed 350 metropolitan areas, praised the Rocket City for its heavy engineer base, high average engineering salary and low rent costs.

About 25 miles from Huntsville, Decatur fell at No. 8 on the list, which also featured cities from Georgia, Florida, Michigan, California, Texas, Washington and Ohio.


"The South has a concentration of the best places for engineers," said NerdWallet author Sreekar Jasthi. "Six of the top 10 places on our list were in southern states. Most of these areas have military bases, manufacturing centers and companies that provide competitive career opportunities for engineers."








Downtown Huntsville, Inc. offering scholarships for CO.STARTERS business program at Lowe Mill 

on February 24, 2015 

Entrepreneurs interested in opening a new business in downtown Huntsville may be eligible to receive financial support from a local nonprofit organization to attend Rocket Hatch's CO.STARTERS program.


Rocket Hatch, an open community of entrepreneurs, artists and creators in north Alabama, announced Monday it is partnering with Downtown Huntsville, Inc. to make CO.STARTERS more affordable for local startups.


DHI, which focuses in part on commercial and business development in the city center, says it will provide scholarships to select CO.STARTERS graduates who have plans to launch their companies in downtown Huntsville.









200 jobs headed to Tuskegee
By WSFA 12 News Staff
February 24, 2015

TUSKEGEE, AL (WSFA) -Nearly 200 jobs are headed to the city of Tuskegee along with a new comprehensive recycling program launched by Greenwood Global. 

According to a news release from Greenwood Global's Chief Executive Officer, the company is to launch the new recycling program that manufactures "Green" building materials along with a host of green technologies. 

"It's a real struggle for a small town like Tuskegee to compete with the Metropolitan cities around us," said Mayor Johnny Ford. 







2 Huntsville leaders at ADTRAN, Dynetics inducted into Alabama Engineering Hall of Fame

on February 24, 2015 

Two Huntsville business leaders with ties to Cummings Research Park were recently inducted into the Alabama Engineering Hall of Fame during a special ceremony in Auburn.


ADTRAN's Clint Coleman and Mike DeMaioribus of Dynetics were among five individuals honored at the induction ceremony Feb. 21. The Engineering Hall of Fame, which recognizes the accomplishments and contributions of individuals, projects and corporations/institutions, also paid tribute to the Interstate 565 Huntsville/Madison County project for its influence on north Alabama economic development and quality of life.


DeMaioribus, executive vice president of business operations at Dynetics, began working for the company in 1977 and has moved through the ranks in various engineering, management and executive roles. Prior to his promotion in 2013, DeMaioribus was the senior vice president and manager of the Hardware and Intelligence Operating Unit for Dynetics.






Dai-ichi, Protective announce another $700K in nonprofit gifts
Bryan Davis Reporter-Birmingham Business Journal
February 24, 2015

One day after Dai-ichi Life Insurance Co. and Protective Life Corp. announced $4 million in gifts for institutions throughout the region, the two firms have tacked on an additional $700,000 to four entities.


Tops on the list is the Birmingham Zoo,which will receive a $500,000 donation to its capital campaign project. The ongoing campaign will transform the zoo's front entrance, build a multipurpose educational wing and construct an Asian Passage exhibit that will house tigers, orangutans and Siamang apes.


"We are focused on 'thinking people first in all that we do, and these additional recipients truly embody our company philosophy," said Koichiro Watanabe, Dai-ichi president and representative director.



February 24, 2015

HUNTSVILLE, Ala. - Foresight Biosciences, an associate company at the HudsonAlpha Institute for Biotechnology, announces its enzymes and assay kits are now available to the glycobiology and pharmaceutical research markets.


"Much of the available technology has not been optimized for studying the biology of sugars and sugar polymers," said Randall Wilson, Ph.D., vice president and lead scientist at Foresight. "After observing the landscape of glycobiology, our product offering was chosen to address specific needs of glycobiology researchers. We have developed innovative solutions which allow researchers quicker and more accurate results specifically focused on their needs."


Glycosylation is the chemical process of attaching complex sugar molecules to proteins. The increasing number of glycosylated therapeutic proteins is driving a growing market for new products to assist in glycobiology research. According to Ronny Hughes, Ph.D., president and chief scientist at Foresight, "most protein therapeutic production relies on recombinant expression systems that often yield products with incorrect or undesirable glycosylations on their surfaces."




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