The Mobile Chamber of Commerce put this out showing what is going on in Mobile\'s Economic Development world. We are still working on economic growth and I believe someday when the nation\'s economy improves Mobile will be ahead of the rest.
Running head THE BUDGET EVALUATION OF THE CITY COUNCIL OF COLUMBI.docx
Chamber Update August 2010
1. Tad Denson - MyShotz.com
Thigpen Photography
MOB ILE Building on the energy
of a ne w Mobile B ay.
What’s Being Said
High-Profile Economic About Mobile
Development Activity m Ranked among the 200 largest metropolitan
statistical areas, Mobile landed at No. 62 in Forbes’
The Mobile area has seen a number of Kimberly-Clark announced a $50 million annual Best Places for Business and Careers list. Both
positive economic development headlines this capital investment as part of its plan to save 80 projected economic growth and projected job growth
categories earned the No. 5 rank. In the cost of doing
year. high-paying positions. The mill operates a business category, Mobile ranked No. 35.
Reaching its target employment of 150, tissue making facility employing more than (April 2010)
Airbus North America Engineering 600.
announced it is adding 90 new positions, and In February, Regent Aerospace, the m BusinessWeek and MoodysEconomy.com
investing another $1.7 million in its Brookley world’s largest aircraft interiors maintenance ranked Mobile No. 13 out of America’s 25 Next
Recovering Job Markets based on anticipated 2010 first
engineering center. repair and overhaul (MRO) company, quarter job growth. In a later report, Moodys ranked
In July, Aker Solutions upped its 2010 announced it would open a facility in Mobile Mobile No. 4 of 387 metro areas for employment
investment to $7.3 million. New contracts in and hire 90 employees. growth. (August/November 2009)
the Mediterranean Sea are driving the local SSAB revived its earlier expansion plans
expansion. Aker is adding 20 jobs with an and has a $287 million capital investment m The Economist featured Mobile’s optimism about
its economic future. The author also mentions recent
average compensation package of $56,000. underway and plans to add 90 new positions rankings by Moodys.com and Forbes.com, as well as the
A $174 million carbon capture with an average annual wage of city’s efforts to reconnect with Cuba. (July 2009)
project is nearing completion at $90,000.
Alabama Power’s Barry Mobile’s The $5.2 billion m Last summer, Forbes.com listed Mobile
Steam Plant in north Mobile ThyssenKrupp complex as one of the 10 Best Mid-Sized Cities for Recession
Economic Review Recovery. Last spring, Mobile came in at no. 10 on
County. Expected to open 2001 - 2010 reached significant Forbes.com Top 10 Best Mid-Sized Cities for Jobs.
in mid-2011, the facility milestones, and has plans (April 2009)
will reduce air emissions. • 31 new industries/companies for a joint grand opening
The Alabama State • 73 expansions of existing companies by year’s end. Named as m Mobile was ranked no. 5 in the Best Cost
Port Authority (ASPA) one of the nation’s largest Effectiveness category for small cities by fDi
continues to add • $7.4 billion in capital investment private economic magazine. (April 2009)
reported from new and expanded
infrastructure to make the industries development projects, the m A story in the Wall Street Journal listed
Port of Mobile more two entities will generate Mobile as one of 10 metropolitan areas where
competitive. The latest • 13,241 new jobs as a result of 2,700 permanent jobs. consumer loan balances grew the most in the fourth
new and expanding quarter. According to the article, consumer-lending
statistics available (2008), industries ThyssenKrupp Stainless
show the port moving up to 9th USA received its first coils for activity is a key to riding out the recession.
(March 2009)
in the nation based on tonnage. processing and is testing equip-
The U.S. Navy awarded Austal ment. The company will have nearly
USA another $99 million to purchase 250 employees by January 2011. Mobile Area
materials needed for the 4th and 5th Joint High ThyssenKrupp Steel USA expects to Statistics
Speed Vessels. The U.S. Army and U.S. Navy have 1,500 employees by January 2011, and
program is potentially worth more than $1.6 processed its first steel in its Hot Strip Mill. Mobile is the largest metropolitan area along the
billion. Recently, Austal delivered the Navy’s Two additional divisions - the Cold Rolling Gulf of Mexico between New Orleans and Tampa,
Littoral Combat Ship (LCS) Independence, Mill and Hot Dip Galvanizing - will begin Fla., and is the 70th largest MSA in the nation.
and construction is underway on the second operation by September and December 2010, Population Median Age
LCS Coronado. The company’s module respectively.
manufacturing facility opened in 2009, and is Interest in the area continues as the Mobile City of Mobile 192,895 36.3
the largest of its kind in the nation. Area Chamber of Commerce’s economic Mobile County 406,509 36.5
This summer EADS North America development team continues its broad view of Baldwin County 180,269 39.9
moved 100 members of its tanker team to economic success, working viable and diverse Mobile Bay Area 586,578 37.6
Mobile. The company submitted its proposal projects representing sectors such as Source: Decision Data Resources
to the U.S. Air Force to build its KC-45 aerospace, maritime, oil and gas exploration,
refueling tanker to replace an aging fleet. If and transportation and distribution.
successful, the aircraft will be built in Mobile. Published by the Mobile Area Chamber of Commerce, August 2010
www.mobilechamber.com
2. Thigpen Photography
Thigpen Photography
Thigpen Photography
Committed to Recent Announcements/
Continued Growth Expansions
D Aaron Oil Co. (oil recycling)
The Mobile Area Chamber’s economic development Partners for D Airbus Engineering Center (aircraft manufacturer)
Growth campaign, supported by public and private investors, is in phase D Airbus Military North America (aircraft manufacturer)
two of its fundraising efforts. Goals set for 2008 - 2012 are: D Aker Solutions (oil and gas)
D Number of jobs to be created: 3,750 over five years; D Atlantic Marine Shipbuilding (shipbuilding)
D Targeted annual salaries: $38,500 and higher; and D Austal USA (shipbuilding)
D Capital investment generated: $1 billion. D Berg Steel Pipe (steel pipe)
Phase one of the campaign, 2004 - 2007, D C & G Boat Works (shipbuilding)
resulted in 7,551 new full-time jobs; 20 new D Evonik Degussa Corp. (chemicals)
company announcements and 39 local industry
expansions; $5.73 billion in capital investment;
D Holcim (U.S.) (cement)
and annual average wages of $47,711. D Horizon Shipbuilding (shipbuilding)
The Chamber, through contracts with the D International Shipholding Corp. (water transportation services)
city and county, is the area’s lead economic recruiter and collaborates D Kimberly-Clark (paper products)
with various entities to secure projects for the Mobile Bay area. In 2008, D MoBay Storage (natural gas)
the organization was awarded a five-star rating, the highest given by the D Mobile Container Terminal (intermodal port facility)
U.S. Chamber of Commerce, for a second consecutive five-year period. In D Regent Aerospace Corp. (aircraft maintenance)
2008, the Alabama Development Office awarded the Chamber the D Ryla Inc., an Alorica subsidiary (telecommunications)
Economic Development Achievement Award. The Chamber’s D SSAB Americas Inc. (steel)
business and expansion program was also recognized with top honors for D Silver Ships (shipbuilding)
its positive impact on existing businesses by the Synchronist Users forum
in Chicago. And last year, the Chamber was one of eight Alabama
D ST Aerospace Mobile (aircraft maintenance and repair)
organizations honored with the Governor’s Trade Excellence Awards,
recognizing outstanding contributions to the state’s economy through
exports.
Cost
The Chamber has 2,300 members, representing 103,556 employees in of Living
the region. The organization’s program of work includes: working to
recruit new industry; assisting local companies with expansion projects; Mobile’s cost of living is consistently one
providing tools for small business growth and expansion; lobbying state of the lowest out of the 80 largest U.S.
and federal legislatures for support of pro-business legislation; offering metropolitan areas, according to the ACCRA
opportunities to network, gain professional development and promote Survey. The latest statistics available (from 2nd
member companies through advertising; and supporting community quarter 2010) show the Mobile area at 92.4,
infrastructure projects to help businesses grow and prosper. below the national average of 100. The index
measures regional differences and is based
on six major components including housing,
utilities, grocery items, transportation, health-
care, and miscellaneous goods and services.
Lagniappe (A Little Something Extra)
92.4
The Mobile Bay region offers an abundance of cultural and recreational opportunities for people of all ages –
a variety of museums, theater, symphony, opera, ballet, fishing, golfing, relaxing at the beach and more.
D Mobile was founded in 1702 and celebrated its Tricentennial D Mobile is home to the GMAC Bowl, Senior Bowl, Alabama Deep
in 2002. Sea Fishing Rodeo, the Dauphin Island Regatta and Distinguished
Young Women (formerly America’s Junior Miss) scholarship
D Mobile Bay is home to America’s Mardi Gras, instituted in 1704, program.
62 years before New Orleans adopted the celebration.
D The Mobile Tennis Center is the nation’s largest public facility
D Mobile Bay is the hometown of baseball hall-of-famers Hank with 50 hard courts.
Aaron, Ozzie Smith and Satchel Paige.
D Six different flags have flown over Mobile. The French, Spanish,
D Mobile Bay area welcomes nearly 7.2 million visitors a year. British, Republic of Alabama, Confederacy and United States of
D Regional golf is among the nation’s finest, with more than 25 courses. America.
D Mobile is known as the Azalea City thanks to Frise Langlois, who
D Mobile has three major universities – one public, University of first brought the bright pink blossoms here from his father’s
South Alabama; one private Jesuit, Spring Hill College; and one garden in Toulouse, France, in 1754.
private Baptist institution, University of Mobile.