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:


Bill Waite, co-founder of Huntsville's AEgis Technologies, dies at 68

on July 27, 2015 

AEgis Technologies of Huntsville will say goodbye this week to its co-founder, Chairman and Chief Technology Officer William "Bill" Waite.


AEgis Technologies executives from left, Lance Cooper, executive vice president of Defense Services; Bill Waite, chairman and chief technical officer; Steve Hill, president and CEO; and Rodney Kreps, chief financial officer. 

Waite, whose primary work focused on modeling and simulation, died Saturday at the age of 68. A visitation will be held Thursday at 1 p.m. at First United Methodist Church on 120 Greene St. in Huntsville, with a service following at 3.







Alabama counties rank high for manufacturing job growth

Ryan Phillips Digital Producer Birmingham Business Journal
Jul 27, 2015

Alabama is one of the few states where manufacturing is still king, due mostly to the ever-growing presence of the automotive industry.

Headlight Data recently reported its county-by-county rankings for manufacturing job growth, and many Alabama counties found their way into the upper echelon of the 2,746 counties ranked on net change from 2013 to 2014.


Morgan County led all Alabama counties - ranking 51st overall for job growth in the manufacturing sector by adding 758 jobs from 2013 to 2014.




[Birmingham Business Journal]





From poultry to pine trees, agribusiness is big business in Alabama

By Michael Tomberlin

July 27, 2015


It is Alabama's oldest industry and, by some measures, it is still the largest commerce sector in the state. In these days of advanced auto manufacturing and Google data centers, agribusiness should not be overlooked, officials say.


Agribusiness was one of the focus areas of the Economic Development Association of Alabama's summer conference and remains a part of Accelerate Alabama, the Alabama Department of Commerce's economic development plan.


Gary Lemme, director of the Alabama Cooperative Extension System, was among the panelists at the EDAA conference and said economic developers shouldn't forget about an industry that is literally homegrown.






5 questions about the future with new Dynetics CEO Dave King

on July 28, 2015 

Former President Dave King is adjusting to his new role as CEO at one Cummings Research Park's largest and most recognizable companies.

King, who took over former Dynetics CEO Marc Bendickson's position this month, retired as center director at NASA's Marshall Space Flight Center. He joined Dynetics in 2009 as executive vice president and manager of the Integrated Systems and Special Programs Operating Unit.


He was promoted to president in October 2013. The former space shuttle launch director and director of shuttle processing at Kennedy Space Center in Florida managed the Columbia recovery team after the 2003 accident and then the MSFC team through "Return to Flight" efforts









UNA business department to seek research grant

By Lisa Singleton-Rickman Staff Writer | 

July 28, 2015 

FLORENCE - The Alabama Innovation Fund is seeking grantees in the area of technology growth.


Created in 2012 as part of "Accelerate Alabama" strategic growth plan, the fund has $4.5 million to support programs that provide research opportunities through the state's universities and other institutions to generate new business ventures, create jobs and spur economic development.


This is the second year the grants have been awarded with $4 million awarded statewide in 2012.






[Times Daily]


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