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:


Schmidt Automotive USA L.P. to Open Production Facility in Auburn

 July 24, 2015 


German manufacturer Schmidt Maschinenbau GmbH announced that it has selected Auburn as the location for its first U.S. manufacturing operation, the City of Auburn announced late Friday.


Starting in 2016, Schmidt USA will produce engine components including balance shafts and gear wheels in Auburn for Mercedes-Benz and other German car manufacturers.


"Schmidt's decision to open a manufacturing facility in Alabama is great news because it will result in the creation of 50 well-paying jobs and $17 million in new investment in Auburn," Gov. Robert Bentley said in a press release issued by the city. "This project reflects the strength of our expanding auto sector and the capabilities of our workforce. It also shows that Alabama is a perfect home for companies from around the world."




[Opelika-Auburn News]



Segers Aerospace Site nabs Baldwin County's seventh AdvantageSite designation

on July 24, 2015 


Segers Aerospace Site became Baldwin County's seventh designated Alabama AdvantageSite Friday.


The voluntary industrial site preparedness program is coordinated by the Economic Development Partnership of Alabama and is a collaboration between the private sector and state and local governments aimed at increasing the marketability of locations in Alabama.


"A part of our strategy is preparing for economic development opportunities," Lee Lawson, executive director of the Baldwin County Economic Development Alliance, said, adding, "With company site location decision timelines shrinking it is more important now than ever to have development-ready sites. The Segers Aerospace Site is a perfect site for additional aerospace investment at the Fairhope Airport. I applaud the team at Segers for their investment and commitment to growing our community."


Lee Johnson served as the alliance's project manager for the application process.







Governor Bentley Highlights Gulf State Park Project 

 07/24 2015 


WHITE SULPHUR SPRINGS, W.Va.- Governor Robert Bentley on Friday highlighted the Gulf State Park Project as an innovative strategy for tourism and economic development at the Summer Meeting of the National Governors Association in White Sulphur Springs, West Virginia.


"Alabama's unique strategies to preserve our state's natural resources, recreational opportunities and historic landmarks will attract new industries while strengthening Alabama's economy," Governor Bentley said. "During the joint committee meeting at NGA, I had a special opportunity to showcase what makes Alabama beautiful. I enjoyed sharing our exciting plans for the Gulf State Park Project with other governors."


Governor Bentley currently serves as vice-chair of NGA's Economic Development and Commerce Committee which met Friday afternoon.








REEL wins Airbus contract, plans first U.S.-based subsidiary at Mobile Aeroplex at Brookley

France-based REEL Group is establishing its first U.S. facility with 4,500-square-feet of office, warehouse, and workshop space at Mobile Aeroplex at Brookley.


Monday's announcement is in direct response to REEL Service Division being awarded the jigs and tools maintenance service provider contract for the Airbus U.S. Manufacturing Facility, also located at Brookley.


The newly formed subsidiary, dubbed REEL USA Corp., is expected to create more than 20 full-time positions, and its lease with Brookley allows for expansion as needed.








Local experts to visit Chamber in Session with topic "State of the Economy" 

Staff Report
 July 25, 2015 

"State of the Economy" will be the topic of discussion for the group of local experts Thursday morning at the Chamber in Session at Hotel Capstone.


The event, sponsored by the Chamber of Commerce of West Alabama, will start with a 7:30 a.m. breakfast and the main address by Carl Pinkert, vice president for research and economic development for the University of Alabama.


Pinkert then will moderate a panel discussion whose members will include Dara Longgrear, executive director of the Tuscaloosa County Industrial Development Authority, representing industry; Brendan Moore, Tuscaloosa's development ombudsmann, representing retail and commerce; Jay Kasten, executive director of the Tuscaloosa Tourism & Sports Commission, on tourism; Grayson Glaze, executive director of the Alabama Center for Real Estate, on the real estate and housing industries; and Al Spencer, the Chamber of Commerce's vice president for economic development and public policy.




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