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:

Coca-Cola United investing $28 million in Montgomery projects
Coca-Cola Bottling Company United Inc. announced today it is pumping approximately $28 million in new facility improvements at its Montgomery production facility and warehouse.

The project is expected to add about 48 jobs in 2018, the company said. 

The announcement was made at the company's Montgomery Sales Center, as part of a bus tour of local industries sponsored by the Montgomery Area Chamber of Commerce, City of Montgomery and Montgomery County.



Chamber: $204M invested, 1056 jobs added in Montgomery in 2017
By WSFA 12 News Staff
December 15th 2017

MONTGOMERY, AL (WSFA) - The Montgomery Area Chamber of Commerce held its eighth annual 'Success Starts Here' bus tour, which recognizes the expanding industries that have made significant investments during the year.

According to the chamber, there has been a total of $204,929,270 in investments and 1056 new jobs these industries have announced have helped secure 7,393 existing jobs.

"Montgomery's existing industries are key to sustained growth in our economy and the Montgomery Chamber's Success Starts Here tour is a way to thank them for creating more jobs, diversifying our economy and expanding opportunities in our city," Montgomery Chamber Board Chairman David Reed said.



New leaders chosen for TCIDA
By Stephen Dethrage / Staff Writer
Dec 17, 2017 
The Tuscaloosa County Industrial Development Authority has elected a new chairman selecting Dean McClure to succeed Claude Edwards when his term ends on Dec. 31.

The authority also elected four other executive officers.

McClure is the president of TTL Inc., a Tuscaloosa company that specializes in geotechnical engineering, analytical laboratory testing, construction materials testing and environmental consulting. Edwards, who was elected in 2015, is the president of Bryant Bank.


Air Force 'innovation center' could reshape Maxwell Blvd., Montgomery
Brad Harper, Montgomery Advertiser
Dec. 13, 2017 

He describes a Maxwell Boulevard lined with new buildings, housing major aerospace companies, tech giants and more. All of that could happen - and soon - "if we do this right," an Air Force general said.

Maxwell Air Force Base is planning to build an innovation center outside its secure gates where researchers from Air University can collaborate with the nation's top tech minds, potentially bringing in new business and jobs. 

That pool of talent at Air University already includes the future leaders of the Air Force and future leaders of other nations around the globe, said former Air University commander Lt. Gen. Steven Kwast.


Top venture capital investor analyst Mary Meeker and former Secretary of State Dr. Condoleezza Rice visited EDPA on Friday to hear about startup and entrepreneurial activities across Alabama
Mary Meeker, (left) a partner at the Silicon Valley venture capital firm Kleiner Perkins Caufield & Byers, joined EDPA President Steve Spencer (center) and Dr. Condoleezza Rice (right), currently the Denning Professor in Global Business and the Economy at the Stanford Graduate School of Business, in Birmingham. Alabama Launchpad, a program of EDPA, is the state's largest seed fund.


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