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
Machine shop to bring 30 jobs to Morgan County
By Michael Wetzel Staff Writer
Jul 25, 2018
The Morgan County Commission approved a 10-year tax abatement for a precision machine shop that is expected to employ 30 workers with an average annual wage of $50,000.
Commissioners voted 4-0 Tuesday morning to grant the tax breaks to M&J Precision, a new division of M&J Industries that will be located at 3090 Alabama 20.
The commission gave M&J an abatement of about $7,250 annually in non-educational ad valorem taxes and personal property taxes.
Radiance Technologies breaks ground on Huntsville HQ
Radiance Technologies broke ground Tuesday on its new corporate headquarters in Huntsville.
The facility, which should open late next summer in Cummings Research Park West, will have more than 100,000 square feet. Its opening will coincide with the company's 20th anniversary.
The building design includes secure high bay space, multiple classified and unclassified labs, and a conference center with seating for more than 200 guests.
Golden State Foods opens US meat site to serve McDonald's
July 25, 2018
US foodservice supplier Golden State Foods (GSF) has opened a new meat processing plant in Opelika, Alabama, which will service both McDonald's and Nestlé.
The 165,000-square-foot plant has an annual production volume of approximately 170 million pounds of protein products. It represents GSF's first fresh beef processing plant, with six frozen and five fresh patty lines dedicated to burger patties.
Creating more than 200 jobs, the site will serve six McDonald's distribution centres and 2,900 McDonald's restaurants throughout the southeast of the US as well as four Nestlé manufacturing facilities.
Etowah County hires new economic development director
By Benjamin Nunnally / Times Staff Writer
The Etowah County Commission during its meeting Tuesday hired Marilyn Lott as the county's new economic development director.
Lott currently is executive director of economic development for Randolph County, a position she's held for the last year, with 10 years of prior experience as the marketing director of Jackson County.
Her list of credentials is long: She graduated from the University of North Alabama with a degree in management and marketing, and from economic development training and honors programs at Auburn University, the University of Alabama, the University of Oklahoma, the University of Southern Mississippi and the Tennessee Valley Authority.
UWA launches Economic Leadership Academy
A new collaboration among several entities across Sumter County is expected to bring revitalization, renewal and redevelopment to the area.
Sumter Renaissance is a project developed through the efforts of the Economic Development Leadership Academy, and it is centered around a strategic plan that highlights four major strategies.
The project has brought together leaders from throughout county, including elected officials and business leaders.