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:





Aiming for U.S. market, Airbus delivers first U.S-made jetliner

Airbus (AIR.PA) delivered its first U.S.-made jetliner on Monday to JetBlue Airways (JBLU.O), a key step in efforts to win market share from rival Boeing Co (BA.N).

Airbus' first U.S.-built plane, the largest A320-family jet known as the A321, rolled out before a large crowd at the new $600 million factory in Mobile, Alabama, a site that was an empty field three years ago.

"We are so honored to be the first delivery here," JetBlue Chief Executive Officer Robin Hayes said at the handover ceremony.



more....



Alabama 2015 scorecard: Project investment tops $7 billion

Alabama attracted more than $7 billion in capital investment in 2015, along with nearly 20,000 new and future jobs, as the state's economic development team secured high-caliber projects in key growth sectors such as technology, aerospace and automotive.

At a press conference at the Mercedes-Benz manufacturing facility in Vance today, Governor Robert Bentley released the state's 2015 New and Expanding Industry Report, which catalogs the wide range of economic development activity across the state last year.

Key findings in the report include:


more...



Alabama Power announces leadership changes affecting its Southeast Division
By Michael Sznajderman

The Alabama Power board of directors has elected Patrick Murphy as vice president with responsibility for Economic and Community Development. Murphy succeeds Ken Novak, who has been named vice president with responsibility for Southern Company's Southeast Division.

"Patrick has been a key player in recruiting business and bringing jobs to the state," said Mark Crosswhite, chairman, president and CEO of Alabama Power. "His experience, knowledge and skills are a tremendous asset to us and to the state's overall economic development efforts.

"Ken has built a great legacy of economic development successes, and his leadership skills will be of great value to the company in his new role in our Southeast Division," Crosswhite added.


more...











Join Our Mailing List