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
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The City of Good Hope's first manufacturing plant officially broke ground Wednesday morning, and a group of local officials gathered at AGCOR Steel's future home to celebrate the occasion.
AGCOR, a manufacturer and retailer of metal siding and metal trusses currently located in Vinemont, is making the move to Good Hope to a new 128,000 square-foot facility that will allow the company to retain its 26 current jobs in the area while adding 20-25 additional jobs over the next two years.
Keeping the company in Cullman County took a partnership between local municipalities, as the City of Good Hope, City of Cullman and the Cullman County Commission combined to offer a $400,000 tax rebate from their half-cent sales taxes to AGCOR to purchase the 53-acre tract of land.
The AFF, the largest seed-stage investment fund in Alabama history,
announced yesterday it closed a $25 million early-stage venture capital fund.
Focused on growing the state's entrepreneurial culture, its investors include former Auburn and NBA basketball great Charles Barkley, Protective Life Insurance Company, HOAR Construction, Raymond J. Harbert, G. Ruffner Page, Jr., and Benny M. LaRussa, Jr.
AUBURN, Ala., Sept. 5, 2018 /PRNewswire/ -- Auburn University has taken another step forward as a leader on the national stage of cybersecurity with today's naming of globally renowned cyber expert Frank Cilluffo to direct Auburn'sCharles D. McCrary Institute.
Cilluffo, whose appointment is effective Sept. 17, previously served as an associate vice president at The George Washington University where he led a number of national security and cybersecurity policy and research initiatives. He directed the Center for Cyber and Homeland Security and, with the School of Business, launched the university's World Executive MBA in Cybersecurity program.
Join us on September 27th at LogiCore in Huntsville, Alabama
for the Alabama Launchpad Startup Competition Finale
powered by imerge!
With up to $150,000 on the line and expert judges deciding the winners, this competition is high stakes for six early-stage companies. Beyond the competing startup teams, the event features a meet and greet and also a panel discussion. The night concludes with live music.