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:

 



on June 16, 2015 

Huntsville's HudsonAlpha Institute for Biotechnology has had an economic impact on Alabama exceeding $1.3 billion since its first full year of operations in 2006, according to a new study by the University of Alabama in Huntsville.

 

The study also says HudsonAlpha and its associate companies have generated 1,177 jobs in Alabama.

 

HudsonAlpha was founded in 2005 as a nonprofit corporation by Huntsville innovators Jim Hudson and Lonnie McMillian to do genetic research, develop biotechnology companies, and educate Alabama students and teachers about genomics. It has a 270,000-square-foot main facility on a 152-acre campus and works with universities, institutes, schools and organizations across the state.



more....

 



Michelin to invest $22 million in Dothan plant, add jobs
June 15, 2015

An additional 40 jobs are expected in 2016 at the Dothan Michelin plant in an effort to increase production at the facility by 10 percent, officials announced Monday.


 

A news release from Michelin North America stated that the company intends to invest $22 million at the plant, which will include significant equipment upgrades in order to increase the production of its high-performance light truck and SUV passenger tires.


 

The upgrades are expected to be completed by next summer.

According to Michelin spokesman Tony Fouladpour, the company's primary tire lines are the Premier LTX, LTX M/S2 and Latitude Tour. Dothan manufactures thePremier LTX, among other brands.



more...

 


Company joins Navistar, will bring at least 125 jobs

By Bernie Delinski Staff Writer | 

June 17, 2015

 

BARTON - A start-up company is teaming with Navistar Corp. to build intermodal containers in Colbert County in a move that will provide at least 125 local jobs.


 

American Intermodal Container Manufacturing Co. and Navistar will jointly produce 53-foot-long, high-tensile steel domestic shipping containers at the Barton Riverfront Industrial Park, officials said Tuesday.


 

American Intermodal will use about 400,000 square feet of the mammoth plant currently occupied by Navistar and FreightCar America, Patrick Marron, chief executive officer for American Intermodal, said in a press release. "This agreement will allow our company to meet a critical need in the domestic intermodal container market by producing and delivering an American-made product that will exceed current industry standards."

 

more....

 

[Times Daily]

 

 


MAAS to build $39M second Mobile Aeroplex paint facility targeting third-party MRO customers

on June 16, 2015 

MAAS Aviation will build a $39 million twin-bay paint facility at Mobile Aeroplex at Brookley expected to create 80 jobs and focus on the commercial maintenance, repair and overhaul market in the Americas, the Mobile Airport Authority announced Tuesday.

 

The new facility will complement MAAS' soon-to-be completed facility on the Airbus U.S. Manufacturing Facility site and will be situated on roughly two acres between Airbus to the south, VT MAE's maintenance, repair and overhaul hangar complex to the north and Continental Motors Services' operations to the west.

 

Roger Wehner, executive director of the airport authority, called MAAS a "world-class partner" with whose "internal focus on process and training" the agency has been impressed during the past year.

 

more...

 

[al.com]

 

 


 

Birmingham's second Innovation Week to be held Aug. 31 to Sept. 4
on June 17, 2015
  

Get excited for entrepreneurship: the dates for Birmingham's second annual Innovation Week have been set for Aug. 31 through Sept. 4.

 

Innovation Week is an annual event to showcase and celebrate Birmingham's growing body of innovators, tech professionals, entrepreneurs, and investors.

 

Here's a sampling of some of this year's events: a ribbon cutting at Innovation Depot; a crowdfunding seminar; a Business@Sunset networking event at the Depot; and the 2015 Alabama Launchpad Innovation Awards Luncheon.  

 

more....

 

[al.com]

 


Mobile Aeroplex supplier surge continues from 2015 Paris Air Show with Messier-Bugatti-Dowty deal


 
 

The Mobile Airport Authority made its second high-profile aerospace supplier announcement in as many days Wednesday at the 2015 International Paris Air Show, welcoming Messier-Bugatti-Dowty to Mobile Aeroplex at Brookley.

 

Messier-Bugatti-Dowty, a Safran company, is a global leader in aircraft landing and braking systems and will open an office and a workshop at the Aeroplex at the end of June. 

 

The move is intended to strengthen the company's existing international support network by placing it closer to its U.S. customers and in direct support of the soon-to-enter-production Airbus U.S. Manufacturing Facility.

 

more....

 

[al.com]

 


 

Innovation Depot launches Depot/U, a developer boot camp in Birmingham
on June 17, 2015

Birmingham startup incubator, Innovation Depot, has launched Depot/U, a coding boot camp to teach aspiring programmers how to become employable front-end developers.

 

If anything can be in vogue in the explicitly nerdy world of tech startups, coding boot camps are definitely in vogue.

 

In the last couple of years they've sprung up all over the country, mostly in larger metropolises and in the traditional technology hubs: San Francisco, New York, Boston, Atlanta, Austin, etc. We have yet to get one here in Birmingham, despite our growing tech scene and the much decried fact that the growing technology startups in the city can't find local talent to fill the good paying jobs they're creating.

 

more...

[al.com]

 

 


GE Aviation readies first 3-D printed jet engine nozzle at Alabama plant


AUBURN, Alabama - GE Aviation is turning its facility in Auburn into the world's first factory for 3-D printed jet engine fuel nozzles, landing the Alabama plant a starring role in a technology that promises to revolutionize aerospace manufacturing.

 

GE Aviation, one of the world's top aircraft engine producers, announced plans to introduce high-volume production of the fuel nozzle using additive manufacturing in Auburn at last year's Farnborough International Airshow. The company said the $50 million project would make the Alabama plant the first to mass produce 3-D printed components for the jet propulsion industry.

 

Joe Markiewicz, plant manager in Auburn, says the project is moving ahead on schedule, with quality and engineering requirements being met as a prelude to full-scale production. The company plans to have 10 printing machines installed at the 300,000-square-foot facility by year's end, a figure that could eventually climb to as many as 50.

 

more...

 

[madeinalabama]

 

 

 



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