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:



Economic Development package on fast track through Alabama
By Bethany Davis
March 9, 2015
MONTGOMERY, AL (WSFA) -It's the one issue everyone seems to support inside the Legislature. Economic Development in Alabama is at the top of the priority list, and lawmakers are working fast in an attempt to put Alabama in a position to compete for businesses and jobs.

"Our caucus has been working with Governor Bentley on an overhaul to update the economic development incentives that Alabama uses to
recruit new businesses and retain existing businesses," Explains Rep. Mac McCutcheon, a republican representing Madison and Limestone Counties.


The House Republican Caucus is introducing a package to change the way Alabama works with companies.











Huntsville ranked among top cities for STEM jobs
Ryan Phillips Digital Producer-Birmingham Business Journal
March 10, 2015

When looking for employment in science, technology, engineering or math, some cities stand above the rest, including one in Alabama. recently ranked their best cities for pay in STEM jobs, with Huntsville, Ala., ranking 15th with average yearly pay listed for workers in the Rocket City as $87.838. This is slightly above the national average at $82,832.


The top three STEM jobs for pay in Huntsville are listed as physicist for $108,110 per year, aerospace engineer for $108,100 a year and materials engineer for $107,870 a year.




[Birmingham Business Journal]



China ties help state build export momentum

Brad Harper, Montgomery Advertiser
 March 8, 2015

Alabama didn't escape the Great Recession. The economic spiral of the late 2000s slowed business, cost jobs and sent many workers back to school or into an early retirement.

But it could have been worse.


They may not have known it at the time, but a 2007 trip to China by Troy University Chancellor Jack Hawkins Jr. and then-Gov. Bob Riley would help cushion the blow.


During that trip, the People's Republic of China officially established an ongoing cultural and business relationship with the state through a new Confucius Institute at Troy University. It teaches Chinese language and cultural programs while also serving as a bridge between businesses in Alabama and China.



[Montgomery Advertiser]









Auburn Diplomatic Program provides international experience on campus

Special to the news

March 9, 2015


Auburn University is becoming one of Alabama's most popular destinations for visiting dignitaries from foreign governments through the university's Diplomatic Program. These international representatives provide students with global experience without studying abroad.

"International experiences are becoming a necessity for college graduates to succeed in an expanding global, cultural and economic environment that is already far beyond what previous generations encountered," said Auburn University President Jay Gogue.


Guests include consul generals, ambassadors, honorary consul generals, trade commissioners and executives from international firms. While on campus they give a lecture on international affairs and the culture of the country they represent.



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