Montgomery Business Journal

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 Reporter's Notebook

 

 by

David Zaslawsky

 

 

 

AGRICULTURE'S IMPACT

The state is ranked second in the country for broilers sold, inventory of quail and production of peanuts, according to the U.S. Department of Agriculture’s Census of Agriculture for 2012.

About $5.6 billion worth of agricultural products were sold in 2012. Here are some other highlights from the report:

Less than 4 percent of the farms in the state earn at least  $1 million, but account for 63 percent of the agricultural sales.

Ninety-one percent of all farms in Alabama are operated by families or individuals.

About 2,200 farm operations sold $9.2 million of products directly to consumers.

“Our next challenge remains developing our vast agricultural, forestry and agribusiness resources to meet burgeoning world demand for food and fiber while remaining good stewards of our land and water resources,” Alabama Commissioner of Agriculture & Industries John McMillan said in a statement.

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LAMP RETAINS TOP RANKING

Loveless Academic Magnet Program (LAMP) High School in Montgomery was once again named the state’s No. 1 magnet school by U.S News and World Report. LAMP was also named the country’s 18th best high school out of 31,000-plus schools and was the seventh best magnet school nationwide.

Two other schools in the Montgomery Public Schools district – Booker T. Washington (BTW) Magnet High School and Brewbaker Technology Magnet High School – were ranked in the state’s top five schools. BTW was No. 3 in the state and 477th in the country while Brewbaker was No. 5 in the state and 719th in the country.

     
   

MONTGOMERY TOPS RIVALS

Montgomery was the only large metro that ranked in the Top 10 of the Alabama Policy Institute’s most business-friendly cities.

Montgomery was No. 8 on the list while Huntsville was 35th; Mobile was 46th and Birmingham ranked 47th. Millbrook was ranked No. 1 and Prattville was No. 2.

The state’s 50 largest cities were compared in four categories: economic vitality (job growth, population growth and average per-capita income); business tax burden (property taxes and sales taxes); community allure (cost-of-living index, crime rate and education performance); and transportation infrastructure (variety of transportation hubs).

         

BEST APRIL EVER

Hyundai set an all-time April sales record with 66,107 vehicles, Hyundai Motor America announced. The April sales were up 4.4 percent over the same period a year ago.

Both the Sonata and Elantra, which are produced at Hyundai Motor Manufacturing Alabama’s facility in Montgomery, had monthly sales that topped 20,000. Sonata sales were up 30 percent over April 2013 and Sonata Hybrid set an all-time sales record with 2,055 units.

“With consumer confidence continuing on an upward swing and the economy improving across the nation, customers appear to have put cars back on their shopping lists,” Bob Pradzinski, vice president of national sales for HMA, said in a statement.

   

ECONOMIC OUTLOOK

The state’s economy is forecast to grow 2.4 percent this year, according to the University of Alabama’s Center for Business and Economic Research. The growth may seem modest, but compare it to last year’s 1.9 percent increase.

That 2.4 percent growth means 25,000 new jobs this year, with about 18,000 of those coming from services, including 3,500-plus in the retail sector. Employment is forecast to grow 1.3 percent this year, another very modest increase, but from Feb. 2013 to Feb. 2014, employment grew just 0.9 percent.

 

SUB BASE CONTRACT

Caddell Construction Co. has been awarded a $34.3 million contract for the construction of land/water interface at the Naval Submarine Base in Kings Bay, Georgia. The project, which involves marine, civil, electrical and security work, is expected to be completed in April 2017.

 

MEDICAL PROJECT

Montgomery-based Goodwyn, Mills & Cawood is the project architect for the 60,000-square-foot, 19-bed Great Falls Clinic in Montana.

The new facility, which is expected to be completed next fall, will contain operating rooms and an emergency room. It will be attached to the Great Falls Clinic Specialty Center.

 
 

APARTMENT PROJECT COMES TO OLD CLOVERDALE

Construction is expected to begin this summer on a three-story, 48-unit apartment complex in Old Cloverdale. The project is being developed by Josh Lowder, vice president/associate broker with Colonial Commercial Realty Inc.; and Jimmy Lowder, chairman of The Colonial Co.

The high-end 48 Midtown complex will have one-, two- and three-bedroom units.

         

COMPETING FOR BREWERY

Montgomery is one of the cities that responded to Stone Brewing Co.’s request for proposal for a brewery in the eastern U.S.

The company, based in Escondido, California, is the 10th-largest craft brewery in the country, producing 213,000 barrels of beer last year.

 

   

LOCAL SCORE CHAPTER WINS BIG

The Montgomery chapter of Service Corps of Research Executives (SCORE) received the organization’s Southeastern Regional top award this year.

The local chapter was recognized for increasing the number of services to clients; increasing the number of workshops; expanding services for small businesses; and being a leader in the implementation of the new CORE computer system.

“The High Voltage Award recognizes a chapter which is not just a great resource but an exciting, vibrant energy source leading the way for the progress of small business and the SCORE organization,” SCORE vice president Eric Thompson said in a statement.

The Montgomery chapter, a resource client at the Montgomery Area Chamber of Commerce Small Business Resource Center at 600 S. Court St., offers free counseling services.

Related Links


Calendar of Events

BizTalk MGM Radio Broadcast
Mon, 23 Oct 2017
6:00 PM - 6:30 PM

Business After Hours
Thu, 26 Oct 2017
5:00 PM - 7:00 PM

Family Business Bootcamp
Fri, 27 Oct 2017
10:00 AM - 2:00 PM

BizTalk MGM Radio Broadcast
Mon, 30 Oct 2017
6:00 PM - 6:30 PM

Chamber Orientation
Wed, 01 Nov 2017
8:00 AM - 9:00 AM

Scaling a Mission-Driven Brand
Thu, 02 Nov 2017
12:00 PM - 1:00 PM

Military Appreciation Week - Freedom Isn't FreeEvent spans multiple days
Sun, 05 Nov 2017 -
Sat, 11 Nov 2017

All Day Event

BizTalk MGM Radio Broadcast
Mon, 06 Nov 2017
6:00 PM - 6:30 PM

Business 101: Start It Up
Tue, 07 Nov 2017
8:15 AM - 9:30 AM

Past Performance in Government Contracting
Tue, 07 Nov 2017
9:00 AM - 10:00 AM

60 Minute Coffee
Wed, 08 Nov 2017
8:00 AM - 9:00 AM

EVERYONE COMMUNICATES, FEW CONNECT
Thu, 09 Nov 2017
11:30 AM - 1:00 PM

Small Business Success Virtual Conference
Thu, 09 Nov 2017
2:00 PM - 3:00 PM

INNOVATE MGM Event spans multiple days
Mon, 13 Nov 2017 -
Fri, 17 Nov 2017

1:00 PM - 1:00 PM

BizTalk MGM Radio Broadcast
Mon, 13 Nov 2017
6:00 PM - 6:30 PM

River Region Economic Summit
Tue, 14 Nov 2017
8:00 AM - 1:00 PM
(America/Chicago)

Apps Unleashed: Grow Your Business Using Just Your Phone
Thu, 16 Nov 2017
12:00 PM - 1:00 PM

Business After Hours
Thu, 16 Nov 2017
5:00 PM - 7:00 PM

Point of Light Award Deadline
Mon, 20 Nov 2017
5:00 PM - 6:00 PM

BizTalk MGM Radio Broadcast
Mon, 20 Nov 2017
6:00 PM - 6:30 PM

Business 101: Start It Up
Tue, 21 Nov 2017
8:15 AM - 9:30 AM

4 Ways to Market Your Business Locally
Tue, 21 Nov 2017
12:00 PM - 1:00 PM


    41 Commerce Street, P.O. Box 79, Montgomery, Alabama 36101   Tel: 334.834.5200   Fax: 334.265.4745   Sitemap