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:

Toyota-Mazda venture offers opportunities

HUNTSVILLE, Ala. - Toyota Motor Corp. and Mazda Motor Corp. announced in January that they will jointly build a $1.6 billion assembly plant near here to produce the Toyota Corolla and an as-yet unidentified Mazda crossover.

Brian Krinock, senior vice president in charge of vehicle plants at Toyota Motor Engineering & Manufacturing North America, will play a key role in the construction and launch of the plant and its supply chain.

 Krinock, 55, spoke to News Editor Lindsay Chappell last month here about supplier opportunities at the project.


Honda Rolls Out $85 Million Expansion and One of the Year's Best Family Cars
February 2018

In March 2017, Honda Manufacturing of Alabama announced plans for a multi-phase project to expand its plant in Lincoln.  Improvements involve expansions to two vehicle assembly operation lines and are intended to improve manufacturing flexibility, logistic efficiency and adaptability for future technology. 

The total investment for the project was $85 million, and construction for the first phase is expected to finish later this year.

"This significant financial investment in our Lincoln facility will enhance Honda's manufacturing efficiency and flexibility to help us meet strong customer demand for our products and prepare us for future opportunities in our industry," says HMA President Jeff Tomko.


Could patented golden kiwifruit be Alabama's next export success?

REELTOWN, Alabama - A small community in eastern Alabama is home to the nation's only commercial golden kiwifruit orchard, an innovative operation that could lead the way in establishing a new specialty crop for growers across the Southeastern U.S.

The Southeast Kiwi Farming Cooperative, established in 2014 and located in Tallapoosa and Macon counties, grows varieties of golden kiwifruit developed and patented at nearby  Auburn University, and aims to export them to far-flung global markets.

Golden kiwifruit, in contrast to its green counterpart, has bright yellow flesh and smooth, not fuzzy, skin. It also has a sweeter, more mellow flavor than the tart taste of green kiwifruit

Opinion: Huntsville space center helping lead country to Mars
Todd May, Alabama Voices
 Feb. 19, 2018

This is a pivotal time for America's space program as we prepare to once again explore the vast universe of space beyond our home planet's orbit. 

Alabama's NASA Marshall Space Flight Center in Huntsville is at the very forefront, powering the U.S. back to the Moon and on to Mars.

Since our inception more than six decades ago, with our focus always skyward, talented Marshall employees have been designing, building or managing the engines, vehicles, space systems, science experiments and technologies that make possible unprecedented missions of science and discovery throughout our solar system.


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