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:

EDPA and Alabama Launchpad recognize, reward renewal
By Michael Tomberlin
September 3, 2015
The Economic Development Partnership of Alabama (EDPA) and its Alabama Launchpad program honored innovation and entrepreneurship in the state at an event during Birmingham Innovation Week on Wednesday.

The Alabama Launchpad Innovation & Entrepreneurship Conference at the Birmingham-Jefferson Convention Complex recognized established companies and an individual who embodies the entrepreneurial spirit. The event came after Alabama Launchpad awarded $240,000 to four startup companies in the 2015 Launchpad Competition statewide competition.

Alabama Gov. Robert Bentley and Commerce Secretary Greg Canfield joined other elected officials, economic developers, business leaders and students from Hoover High School along with higher education leaders at the conference.

Ty West Managing editorBirmingham Business Journal
September 3, 2015

Eissmann North America is planning another expansion in St. Clair County.

The automotive supplier will expand its production capabilities in a $2.3 million project that will create 80 jobs before the end of 2016, according to the St. Clair County Economic Development Council. 

The Germany-based company is expanding so it can fulfill new contracts it was recently awarded. Eissmann makes automotive interior components.


Automotive supplier announces the addition of nearly 100 new jobs in Marshall County

BOAZ, Ala. (WHNT) - It was a huge day for one Marshall County city, a celebration that is finally coming to fruition after years of planning and dreaming. TS Tech in Boaz had a groundbreaking ceremony Friday afternoon, announcing the addition of nearly 100 new jobs, and the construction of a new building.

Matt Arnold, President of Marshall County Economic Development says it's an exciting time to be a Marshall County resident.

"Marshall County is on such an upswing right now, there's such optimism, and a spirit of 'man, we are really making some great strides here right now,'" said Arnold.


Canadian company continues to expand, add jobs in Troy
By Ebony Davis
Business Reporter
Posted on Sep 2, 2015

Officials said a Canadian-based information technology company in Troy that recently announced an expansion is a solid example of important partnerships between local, regional and international businesses and governments.

CGI Group announced plans to hire an additional 200 employees and to add a 10,000-square-foot expansion to its existing CGI U.S. Onshore IT Services Delivery Center on South Brundidge Street in Troy. The company was visited Wednesday by Consulate General of Canada Louise Blais as part of her travel over a six-state territory where Canada participates in international trade.

Marsha Gaylard, president of the Pike County Economic Development Corporation, said a regional team invited Blais to Troy this summer during the Southeastern United States-Canadian Provinces Alliance conference in Prince Edward Island.


AU seniors win $40 thousand for business pitch
Three Auburn seniors are working to bring their pitch to life. Their business, Simply Prose, is a website that connects writers, so they can collaborate with other like minds, and publishers.

Founder Jacob Wright said the market for their business is wide open.

"Immediately working with others and receiving feedback on your short story, your novel, your blog post, whatever it is... However far you want to take your project we want to be able to get you there," said Wright.

Since then, Jacob, Cole, and Sharan have pitched their idea to investors, and just recently won the Alabama Launchpad competition for their idea, the prize, $40,000 for Simply Prose.


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