Tomberlin’s Take: If Airbus expands, aerospace becomes more like automotive in Alabama

By Michael Tomberlin

December 9, 2015

It’s a pattern we’ve become used to in Alabama.

An international automaker chooses a site in the state for a new manufacturing plant. It produces a popular new model using some parts that are produced from suppliers that also located in Alabama. Its success leads to it expanding its plant, making it feasible for more suppliers to expand or set up plants here to supply other suppliers and the auto plant itself.

Mercedes-Benz introduced us to this accelerated, compounded growth with production at its Tuscaloosa County plant in 1997.

For the rest of the story visit Alabama NewsCenter.


 

Huntsville council approves GE Aviation development deal

By Lucy Berry

on December 08, 2015 at 3:11 PM, updated December 08, 2015 at 3:53 PM

GE Aviation’s nearly $200 million silicon carbide materials project in Huntsvillewill begin taking shape by spring of next year.

The Huntsville City Council unanimously approved a development agreement last week for two adjacent factories on a 100-acre site on the south side of Interstate 565 at the Greenbrier Road exit in Huntsville-annexed Limestone County.

City of Huntsville Director of Urban Development Shane Davis said the contract allows GE to start work on Phase I, which will represent a $136 million investment

For the rest of the story visit AL.com.


 

Honda’s $4.5 Million Hondajet Cleared by U.S. Agency for Takeoff

By Craig Trudell

December 9, 2015 – 8:04 PM CST

Honda Motor Co. said the U.S. certified its $4.5 million business jet, clearing the way for deliveries to begin by the end of the year.

The U.S. Federal Aviation Administration presented Honda with type certification for its seven-seat HondaJet on Tuesday, the automaker’s aircraft unit said in a statement. The company has 25 planes in final assembly in North Carolina and is preparing for deliveries and pilot training.

For the rest of the story visit Bloomberg Business.