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:

 


Deadline approaches for annual Alabama Launchpad Innovation Awards nominations

on May 13, 2015 

The deadline to nominate yourself or another company for the fifth-annual Alabama Launchpad Innovation Awards is quickly approaching.


The Economic Development Partnership of Alabama (EDPA) is accepting nominations through Sunday, May 17.

 

 Honorees will be recognized Sept. 2 in Birmingham for significant achievements in job creation and innovation.

 

more...

 

[al.com]

 


FedEx Ground coming to Theodore as part of $1 million Mobile County deal
on May 12, 2015 

Mobile County is set to give $1 million to a private developer to lure a FedEx Ground to an industrial park in Theodore.

 

The Mobile County Commission approved the decision, which may bring 100 jobs to the area, in a unanimous vote on Monday.

 

According to the agreement, the county will pay $50,000 per year for 20 years to Mobile Industrial Properties once 100 additional full time jobs are created inside the park.



more....

 


Morgan County sets public hearing for Polaris incentives

By Deangelo McDaniel Staff Writer |

May 13, 2015

 

An economic incentive package for the $127 million Polaris plant is an "all in or all out" deal, Morgan County Commissioner Don Stisher said. But that doesn't mean the public won't have an opportunity to voice its opinion.


 

As required by state law, the county will have a public hearing about its $300,000 incentive May 26 at 9 a.m. on the fifth floor of the Morgan County Courthouse.

Chairman Ray Long said the county is one of three government entities contributing $950,000 toward the Greenbrier Parkway project near the plant site. Morgan County and the city of Decatur are contributing $300,000 each, while Athens is adding $350,000.

 

"We all have to give our part," Stisher said at Tuesday's commission meeting.



more...


 


Russellville team wins national rocket competition

By Lisa Singleton-Rickman Staff Writer | 

May 13, 2015 
 

RUSSELLVILLE - The seven-member Russellville High engineering rocket team is headed to Paris, France, in mid-June after last weekend's win at the national Team America Rocketry Challenge in Virginia.


 

The team was one of two Alabama teams competing among 101 teams from the U.S. and Puerto Rico.


 

Next month, the team will compete in the International Rocketry Challenge at the Paris Air Show.



more...

 


Ace Tech seeking welders

By Julian Cope, Ed. D

May 13, 2015 


 

With an upswing recently noted in Bullock's economy, as reflected mainly in the county's lowering unemployment rate, Ace Tech plans hiring of additional welders.


 

 Applications are available at Ace Tech in the Welch Industrial Park and can be picked up from 8:00 a.m. - 12:00 p.m.; 2:00 p.m. - 5:00 p.m., Monday-Friday.


 

"We are part of Alabama's Automotive Supplier network, and manufacture products needed in the automotive manufacturing industry," said Chris Park, Manager at Ace Tech. "Technically we can be classified as performing metal fabrication works, meaning we shape metal for a final work product for Hyundai and others," he added.

 

One product previously and currently manufactured locally is the cart which allows manufacturing parts to be placed in "pockets" and maneuvered up and down assembly lines. Some work centers around robots.


more...

 



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