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A Message from the President
Alabama closed 2004
with the year's largest capital investment and job-creating quarter yet,
confirming we are a state moving forward with strong momentum. If our
first quarter activity is evident of what's to come, we remain optimistic
that 2005 will prove yet another banner year for Alabama! I invite you to
browse this newsletter and see for yourself all of the exciting things
that are happening in our state.
James P. Hayes, Jr.
UAB hits Top 25 in federal funds received for science & engineering
The University of
Alabama at Birmingham has earned a place among the nation's top 25
research universities receiving federal funding for the advancement of
science and engineering, according to the National Science Foundation's
recently released report Federal Science and Engineering (S&E) Support to
Universities, Colleges and Nonprofit Institutions for Fiscal Year
2002.
While Federal S&E obligations include six
categories, more than 90 percent ($224,000-plus) of UAB's 2002 S&E
funding received was granted in research and development. Overall research
funding received by UAB has consistently doubled each decade and currently
totals more than $433 million.
Alabama continues to roll out the red carpet for new and expanding industries
Alabama's final fiscal
quarter closed with more than $1.66 billion in collective capital
investments and more than 14,815 jobs created, bringing Alabama's 2004
capital investments total to more than $2.8 billion with more than 24,000
new jobs created throughout the year.
Take a look below at some of
Alabama's major expansions and new projects announced in the 2004 fourth
quarter:
Company
County
Investment*
Jobs
Product
Austal USA
Mobile
$22.0
500
High-speed aluminum vessels
The
Boeing Company
Madison
n.a.
300
Space & Defense Systems
Cinram
Madison
n.a.
950
VHS, DVDs
Dongwon Autopart Technology AL
Crenshaw
$50.0
40
Auto door frames & side impact bars
Drummond Company Inc.
Walker
n.a.
257
Mining Bituminous Coal
Dynetics Inc.
Madison
$21.0
420
R&D/Analytical Studies
HB&G Building Products Inc.
Pike
n.a.
230
Columns, Decorative Molding
Honda Manufacturing of Alabama LLC
Talladega
$70.0
100
Machined components for Honda V-6 engines
IPSCO Steel (Alabama) Inc.
Mobile
$45.0
18
Steel Plate
Kohler Company
Madison
$45.8
200
Plastics Plumbing Fixtures
LG
Electronics Alabama Inc.
Madison
n.a.
350
Customer Service
Masland Carpets
Mobile
$15.0
150
Carpet & Rugs
Nektar Therapeutics
Madison
$25.9
18
Biotechnology
Northrop Grumman
Madison
n.a.
500
Defense & Aerospace Electronics
Nucor Steel
Morgan
$82.0
50
Pickle Slit & Roll Steel Coils
Nucor Steel Decatur LLC
Morgan
$90.0
125
Steel Mini Mill
SCA
Colbert
$25.0
400
Sanitary Paper Products
Teksid Aluminum Components Inc.
Talladega
$43.0
93
V-6
cylinder blocks
Webster Industries
Montgomery
$6.0
300
Trash bags and plastic food-storage bags
Whitesell Corporation
Colbert
$46.0
150
Automotive & appliance fasteners
*in Millions; n.a.=information not available.
Sources: Economic development organizations, news stories
& other internet resources.
Company
County
Investment*
Jobs
Industry
AlaTrade Foods LLC
Marshall
$6.5
650
Further poultry processing
Analytical Services Inc.
Madison
$2.8
63
Engineering Services
Cullman Casting Corporation
Cullman
$60.0
300
Industrial gray iron castings
D&K Health Resources
Jefferson
$5.0
100
Pharmaceutical Warehouse & Distribution Center
EADS
CASA North America
Mobile
$1.0
10
Service and support center for transport aircraft
Foley Products Company
Chilton
$8.0
50
Concrete Products
Helispec LLC
Crenshaw
$3.5
125
Helicopter repair and overhaul services
Louisiana-Pacific Corporation
Clarke
$130.0
130
Oriented strand board
Marion Molding Division of Cavalier
Marion
$0.09
30
Residential Wood Molding
Mentor Graphics Corporation
Mobile
$15.0
50
Develops, Markets & Wholsesales Real-Time Operating
Systems
Mercedes-Benz U.S. International Parts Warehouse
Tuscaloosa
$22.5
20
Automotive Aftermarket Parts Distribution
Parco Medical
Houston
$0.06
20
Medical Products Distribution
Rockcreations LLC
Butler
$1.0
75
Decorative stone & brick siding
RusCorr LLC
Cullman
$7.0
40
Corrugated Sheets
Senators Coaches Inc.
Lauderdale
$2.4
20
Coaches
Southeastern Recycling
Colbert
$2.1
40
Recycling
Vimax Industries LLC
Mobile
$10.0
65
Amines (sodium hydrosulfites)
West
Asset Management
Mobile
n.a.
200
n.a.
Winfield Rubber Manufacturing Company
Marion
$1.7
50
Industrial Rubber Products
*in Millions; n.a.=information not available.
Sources: Economic development organizations, news stories
& other internet resources.
Mercedes R-Class makes Manhattan debut
The all-new Mercedes-Benz U.S. International R-Class, touted as
"Alabama's latest contribution to the automotive industry," made a
magnificent Manhattan debut at the 2005 New York International Auto Show.
A recently completed $600 million expansion at MBUSI's Vance plant paved
the way for production of both the R-Class and its redesigned sister
M-Class, which debuted in January at the North American International Auto
Show.
EDPA News
Wier named to TechBirmingham Board of Directors
EDPA Vice President Angela Wier has been
selected as a member of the 2005 Board of Directors for TechBirmingham, a
not-for-profit entity formed to lead, support, and coordinate the
start-up, attraction, growth, retention, and expansion of technology-based
businesses, investments, and jobs for the entire Birmingham metropolitan
region.
Are you getting your Alabama economic development news?
To receive daily
digests of economic development news from on-line papers across Alabama,
sign up for a free subscription to EDPA Newsflash. Subscribe by clicking
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Click
here to send an e-mail to request a free subscription.
500 Beacon Parkway West
Birmingham, AL 35209
205.943.4700
phone
205.943.4703 fax
info@edpa.org
http://www.edpa.org/
| Rising Together: The Summit on the Rural
South June 12-14 |
|
Join Southern
Growth Policies Board for a three-day summit to explore new
strategies and success stories in rural development in Point Clear,
Ala. |
| Regional web-based waste & materials trade created |
|
The Waste Reduction and Technology Transfer (WRATT) Foundation
has established a free, regional waste and materials exchange online
known as "WasteTrade." Since its inception in 1990, nonprofit corporation WRATT has provided free waste and energy use reduction services to more than 1,300 Alabama businesses, industries, and public or private institutions. For more information on how the "WasteTrade" exchange works, visit http://www.wastetrade.org/ or http://www.wratt.org/. |
| Need INFORMATION? |
| Whether you're a consultant or community, EDPA's Business
Information group is your source for proposal
assistance. Working as a liaison between state and local groups, EDPA's Business Information team provides one-stop, prompt, confidential responses for your information needs. In addition to assisting with a number of proposals, in the fourth quarter of 2004, EDPA:
|
| For proposal
assistance or general information, contact EDPA: 205.943.4700 or info@edpa.org For demographic requests, contact: Greg Sheek, 205.943.4724, gsheek@edpa.org. For assistance on buildings and sites, contact: Tammy Radmard, 205.943.4720, tradmard@edpa.org. |
| WHERE TO FIND ALABAMA |
| Upcoming Events: |
| SAE World Congress April 11-14 Detroit |
| CoreNet April 17-20 Toronto |
| ATTENTION: News Media |
|
Since our
inception in 1991, reporters from across the globe have turned to
EDPA for quick, accurate information relating to economic
development in Alabama. |
