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
Port of Mobile taps partners to develop $60M auto export facility
BUENOS AIRES, Argentina - The Port of Mobile is poised to become a major hub of auto export activity, with a new facility that will allow vehicles to be driven directly onto cargo ships bound for markets around the world.
On Tuesday, representatives of the
Alabama State Port Authority
and AutoMobile International Terminal, a joint venture of Terminal Zárate S.A. and SAAM Puertos S.A., signed a Memorandum of Understanding to develop and operate a vehicle processing roll-on/roll-off (RO/RO) facility at the Port of Mobile.
The signing took place in Buenos Aires, the headquarters of Terminal Zárate S.A. and also the site of a trade mission involving Alabama business leaders. The state delegation is
visiting Argentina and Ecuador this week
to find new markets for their products and services.
Pelham selected for national fire safety attraction
The National Center for Fire and Life Safety (NCFLS) and the National Fire Protection Association (NFPA) announced today the NFPA HEROES Experience, the first public fire and life safety education attraction of its kind, will be built in Pelham.
The 100,000-square-foot center will be located off Interstate 65 and is bordered by I-65, County Road 52 and Alabama 31.
A groundbreaking is projected to take place in 2019.
Russell Jackson, CEO of NCFLS, said the center will be "100 percent education and 100 percent showmanship."
Huntsville Mayor Tommy Battle, Gov. Kay Ivey vying for GOP nod, but will team up for visit to Japan
HUNTSVILLE, Ala. -- Huntsville Mayor Tommy Battle and Gov. Kay Ivey are competing for the GOP nomination in the governor's race, but they'll be on the same team next week, leading a delegation to Japan to meet with Toyota and Mazda officials.
This will mark Battle's fifth trip to Japan and, according to AL.com -- Ivey's first visit. They will fly separately but represent one delegation.
WITH PROSPERITY FUND HELP, STARTUP CHONEX AIMS TO TURN WASTE INTO PROFIT
is assisting an Alabama startup that sees one of nature's great recyclers - the black soldier fly - as an instrument to convert chicken poop into high-value products such as protein-rich animal feed and organic fertilizer.
CHONEX, the brainchild of entrepreneur Michael Lynch and fifth-generation farmer Harley Martin, got its start about 18 months ago, and Southern Research has been involved in the firm's development almost from the beginning.
"They've been a huge part of helping us solve some initial problems," Lynch said. "We're just getting started, but I imagine this is going to turn into a long-term relationship with Southern Research."