Thursday, November 27, 2014

Economic Development Highlights

 

Boeing to move into Redstone Gateway on edge of Arsenal

 

 

 


November 14, 2012

Boeing is moving to a new office complex near the U.S. Army’s Redstone Arsenal and   NASA’s Marshall Space Flight Center as the company consolidates several of its locations in the area.

A Boeing media release said the move to Redstone Gateway reflects the company’s commitment to managing costs and increasing competitiveness for growth.

“As Boeing begins its 51st year in Alabama, this development agreement allows us to make the most of our facilities to best meet our business needs and those of our customers,” said Tony Jones, vice president and Boeing Huntsville site executive. “Just as Huntsville is supportive of companies such as ours that are important contributors to the community, Boeing is committed to this city’s future health.

“The City of Huntsville, Redstone Arsenal and NASA have validated this plan as being not only right for Boeing and our ability to meet customer commitments, but also important for the future economic viability of Huntsville, where many of our employees live and raise their families.”

The recently signed development agreement will result in 363,000 square feet of office space in a Boeing-named, three-building complex. Boeing is scheduled to occupy the first building in spring 2013; construction of the second and third buildings is expected to begin by the end of 2012 and be completed by spring 2014. Boeing will retain its facilities at the company’s owned Jetplex location.

“Boeing regularly reviews its facilities to locate opportunities for consolidation and/or elimination of costly infrastructure in order to bring down overhead costs,” Jones added. “This Huntsville consolidation is one significant example.”

Boeing is the largest aerospace company in Alabama and one of the state's largest employers. Current company operations in Huntsville include the Ground-based Midcourse Defense program and other missile defense work, including the Standard Missile-3 Block IIB program, the Arrow Weapon System, the Avenger, and the Patriot Advanced Capability-3 seeker.

 


 

Wyle announces new headquarters construction in Cummings Research Park

November 8, 2012

Wyle’s CAS Group participated in the ground breaking ceremony for a newly leased three-story, 120,000-square-foot facility on Nov. 8 at 345 Bob Heath Road in Cummings Research Park.

This three-story structure – estimated to cost more than $18 million to build - will be leased from Copter Properties, LLC owned by affiliates of Triad Properties and the Rooker Companies.

When completed in September 2013, Wyle will relocate employees from several Wyle CAS facilities in Huntsville, allowing for future expansion of the company’s capabilities and workforce. In addition, the facility will include an innovative, specialized laboratory configuration which will increase efficiencies and provide Wyle’s customers with unique capabilities.

“Wyle has been supporting the aerospace and defense industry in Huntsville for more than 50 years, and we plan on continuing that tradition for many years to come,” said Dr. George Prueitt, president of Wyle’s CAS group. Prueitt said the company would benefit from the “campus-like atmosphere” provided by Cummings Research Park. He said the world of government contracting is a competitive environment, and he hopes the expanded capabilities that the new building will provide will assist in acquiring that work.

The company president said the new building will add “about 30 percent more space” for new growth. He said more than 350 Wyle CAS employees will work in the new structure; the company currently employs more than 1,100 Wyle workers in Huntsville.

 


 

Intergraph announces new $58 million headquarters in Madison


October 16, 2012

A new $58 million headquarters for engineering and geospatial software developer Intergraph was announced on Oct. 16. It is projected to open in summer 2014.

Announcing the investment in the Madison company was Ola Rollén, who serves as CEO of both Intergraph and its parent company, Hexagon. Rollén said keeping Intergraph’s established employee base in Northern Alabama was a priority for both Intergraph and Hexagon. The five-story facility will total 250,000 square feet and will feature office space for 1,100 employees.

“For the first time in Intergraph’s history, we are bringing employees at this location together under one roof, which I’m confident will foster innovation and camaraderie,” said Rollén at the headquarters groundbreaking ceremony. “The building is a testament to Hexagon’s commitment to Intergraph and the Madison County business community.”

 The new headquarters will include a state-of-the-art data center, customer-friendly conference space, a food service area and lakeside terraces for both work and leisure.

“We are all very excited about what the new facility means for the employees of Intergraph,” said Ed Porter, Executive Vice President of Human Resources with Intergraph. “We would like to extend our sincerest gratitude to the Chamber of Commerce of Huntsville/Madison County, Chairman Gillespie, Mayor Finley and Mayor Battle, as well as Madison city and county officials, for helping make it a reality.”

The facility was designed by Atlanta-based architecture firm Cooper Carry, and the construction will be carried out by general contractor Robins Morton and civil engineering firm 4Site, both of Madison. 

 


 

Toyota breaks ground for V6 engine expansion

 






September 25, 2012

Toyota broke ground on Sept. 25 on the expansion that will support increased V6 engine production at its Huntsville engine plant. The construction represents the fourth expansion of Toyota Motor Manufacturing Alabama (TMMAL) in its 10-year history in Huntsville.

“We are so pleased to see our plant grow yet again,” said Jim Bolte, TMMAL president. “Not only are we adding more jobs and investing in the local economy, we’re also playing a role in Toyota’s philosophy to build more engines where we sell them. I can’t wait to see more Toyota vehicles with our engines here in our community.”

The expansion represents an $80 million investment. Total plant investment is expected to reach more than $700 million once the project is completed.