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
Jan 15, 2019
(Note: AerBetic was awarded a $50,000 Concept Track prize in the Alabama Launchpad competition last fall)
An Alabama company's invention made a big impression at the world's largest consumer technology event.
Birmingham-based AerBetic Inc. last week participated in CES 2019 in Las Vegas, where it demonstrated an innovative device that helps diabetics better manage their blood sugar.
Feb 8, 2019
Finland-based Kemira announced this morning that it is investing $70.8 million to expand production at its Mobile facility. The company is a polymer producer serving the pulp and paper, oil and gas, and water treatment industries.
The project will create an additional 20 jobs, growing Kemira's Mobile workforce by 32 percent, to handle new process operations, increased logistics and the support functions at the site.
Feb 9, 2019
One of the region's most influential development groups is about to get its first new leader in more than 30 years, but changes are already happening.
Randy George steps down April 1 after 46 years with the Montgomery Area Chamber of Commerce, including more than 30 as its president. It's a nonprofit that serves as the area's main economic development arm, tourism agency, small business startup group and more, a unified organization operating under a single budget.
Feb 9, 2019
In a speech at UAB's Hill Student Center, Mark Crosswhite provided a detailed blue print for how he believes Alabama's university system can help the state's business community build for the future.
The Alabama Power chairman, president and CEO addressed the University of Alabama System Board of Trustees and, in doing so, outlined a plan for the universities and state to capitalize on its people.
Feb 11, 2019
U.S. Steel Corp. is resuming a $215 million construction project on what it is calling a "technologically advanced" electric arc furnace steelmaking project in Fairfield.