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
New Flyer to add Innovation Center in $25 million Alabama expansion
ANNISTON, Alabama -
, the largest transit bus manufacturer in North America, kicked off a $25 million project this morning that will expand and upgrade its Anniston production campus and include a unique Vehicle Innovation Center dedicated to the advancement of bus and motor coach technology.
In addition, New Flyer of America said the investment builds its commitment to U.S. infrastructure, manufacturing, innovation, and jobs. The project adds fabrication equipment that enhances component manufacturing, streamlines the weld process, expands the operational footprint, and adds capacity to its Alabama operation.
"Repairing infrastructure through advanced technology is paramount to America's competitiveness, safety and prosperity. Through New Flyer's investment in advanced engineering and manufacturing, we have the potential to dramatically transform the future of public transportation in the U.S.," said Wayne Joseph, president of New Flyer of America.
Alabama's August Unemployment Rate Falls to 4.2%
Least Unemployed in a Decade; State Rate Falls Below National Average for the First Time Since 2013
MONTGOMERY - Governor Kay Ivey announced today that Alabama's preliminary, seasonally adjusted August unemployment rate is 4.2%, down from July's rate of 4.5%, and well below August 2016's rate of 5.9%.
"After hovering near the national unemployment rate for several months, Alabama's rate has dropped below it for the first time in many years," Governor Ivey said. "This is a milestone we've been working toward for some time. We announced this week that Autocar, LLC. is opening a new plant in Birmingham, bringing nearly 750 new jobs. As we continue to recruit new businesses to Alabama, hopefully, we'll be able to maintain that achievement in the months to come."
The comparable national unemployment rate is 4.4%, up slightly from July's rate of 4.3%. The last time Alabama's unemployment rate was below the national rate was in October 2013.
AIDT teams with Lockheed Martin for new Alabama training facility
September 14, 2017
TROY, Alabama -
has opened a new onsite training at the company's Pike County Operations site that was made possible with the help of AIDT, the state's primary workforce development agency.
The Advanced Manufacturing & Technology Center is a $2 million project funded by
, which is part of the Alabama Department of Commerce. Its opening was celebrated with a ribbon-cutting ceremony.
"AIDT is a strong supporter of Lockheed Martin and has been for 28 years," said Ed Castile, executive director of AIDT and a deputy Commerce secretary.
Leonardo DRS executives visit Moton Field
By Rosanna Smith, Reporter
September 14th 2017
TUSKEGEE, AL (WSFA) -Officials at Moton Field, the proposed site for the T-100 jet trainer, met with city and county leaders Thursday. An update on the project was given and there was discussion about community needs.
Retired Col. Palmer Sullins Jr.'s passion for aviation took off right here at Moton Field.
"By the time I was nine years old I was in the left seat of Chief Alfred Anderson's airplane learning to fly," said Sullins.