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:





Chamber of Commerce, UAH team up in area's economic development

When a strong team has a good record and an excellent playing field, world-caliber performance can take place.

Huntsville's economic development team is led by the Chamber of Commerce of Huntsville/Madison County and relies on The University of Alabama in Huntsville as a key player. With Cummings Research Park and Huntsville/Madison County as the playing field, people rooting for Huntsville can expect good things.

The nationally recognized research done at The University of Alabama in Huntsville is closely interwoven with industry and government, and that is a powerful economic development tool, says Chip Cherry, Chamber president and CEO.

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SEUS Japan: Leaders vow to build on close economic, cultural ties

BIRMINGHAM, Alabama - Leaders from Japan and seven Southeastern states pledged today to continue building on a longlasting partnership that has stimulated two-way trade and investment while creating nearly 140,000 jobs across the Southeast.

Expanding the close economic and cultural ties between the region and the Asian nation was a central message from today's sessions at SEUS Japan 38, a major conference that formally kicked off in Birmingham this morning.

At a luncheon at the Birmingham Sheraton Hotel, Kenichiro Sasae, Japan's ambassador to the U.S., said the partnership has been a productive one, with Japanese companies now employing 139,000 people in the seven Southeastern states.

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Vance-made vehicle earns honor as best-value car
By Patrick Rupinski
Business Editor
November 16, 2015 

The 2016 Mercedes-Benz C-Class has been chosen as one of Kelley Blue Book's Best Buys for luxury cars. It's the second consecutive year that the Vance-made sedan has earned the honor.

Only 12 vehicle models received the 2016 Kelley Blue Book Best Buy Awards, which are given to new model-year vehicles available in the U.S. market.

"We are excited about the continued success of the Mercedes-Benz C-Class as it consistently establishes new benchmarks in its class," said a statement from Stephen Cannon, president and CEO of Mercedes-Benz USA, the German automaker's U.S. marketing unit.


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Governor awards grant to create new jobs in Elmore County
November 17, 2015
Gov. Robert Bentley has awarded $230,000 to help a company expand and create 15 jobs in Eclectic.

The Community Development Block Grant will fund infrastructure work necessary for Madix Inc. to add a 140,000-square-foot warehouse and loading area to its plant in the Eclectic Industrial Park. The company manufactures metal, wire and wood shelving, racks and displays used in retail stores and offices.

"Job creation is my top priority, so I am always pleased to support a company expansion to provide new jobs," Bentley said. "I appreciate the cooperation and teamwork among local and state officials and company leaders in Elmore County to make these new jobs possible."



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Five biz questions with Japanese Ambassador Kenichiro Sasae
Ryan Phillips Digital Producer Birmingham Business Journal
Nov 16, 2015

Creative Concepts in Irondale on Thursday, Nov. 16., played host to Kenichiro Sasae, Japanese ambassador to the U.S., along with a host of business and state leaders as part of the SEUS Japan Annual Joint Meeting.

Sasae toured the candy-making operations, then attended a round-table discussion - primarily concerning the highly-debated Trans-Pacific Partnership trade agreement (TPP).

Sasae has served as ambassador to the U.S. since 2012, after holding various governmental posts in the likes of London and Geneva.


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