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Top News Links: Friday, October 13

MBUSI leaders to speak at Supply Chain Summit

Representatives from Mercedes-Benz U.S. International will be discussing the decision behind locating its Global Logistics Center and a new after-sales North American hub in Bibb County at next week’s 2017 Global Supply Chain & Logistics Summit in Birmingham, presented by Bank of America Merrill Lynch. The event will be held Oct. 17-18, sponsored by Alabama Export Alliance, Alabama Department of Commerce and the Birmingham Business Alliance. – News release

Cities in Alabama see gains in jobs being created

During the twelve-month period ending in August 2017, nine of the 12 metro areas experienced job gains. The Huntsville metro gained most jobs (6,200); followed by Birmingham-Hoover (5,400); Tuscaloosa (2,100); Daphne- Fairhope-Foley and Montgomery (2,000 each); Auburn-Opelika (1,100). The numbers were in October’s CBER economic update. – UA Center for Business and Economic Research

GKN issues profit warning, in part over Alabama plant

GKN was forced on Friday to issue a profit warning after receiving two “probable” claims from customers for extra costs that are expected to cut millions from this year’s earnings. The aerospace and automotive supplier will also suffer a “significant” non-cash charge as it struggles to achieve productivity improvements in its North American plant that supplies Airbus as well as military customers. Among the problems are its Alabama plant, employing about 800 people, its CEO said. Its performance had “not been great and the improvements expected nine month ago have not been realized.’’ – Financial Times

Study: UAB has $7.15B annual impact on Birmingham

new study shows the University of Alabama at Birmingham’s annual economic impact has grown to $7.15 billion a year, up from $4.6 billion just eight years ago — a 55 percent increase. UAB now directly employs more than 23,000 and supports more than 64,000 jobs — one of every 31 in Alabama. UAB President Ray L. Watts announced the results of the fiscal year 2016 study conducted by Tripp Umbach at his annual State of the University Address on Wednesday. – Birmingham Times

Wallace State CC to compete for $1M Aspen Prize

Alabama’s Wallace State Community College, with campuses in Hanceville and Oneonta, was named today one of 150 community colleges eligible to compete for the 2019 Aspen Prize for Community College Excellence, the nation’s signature recognition of high achievement and performance in America’s community colleges. Wallace State was selected from a pool of nearly 1,000 public two-year colleges nationwide to compete for the $1 million Aspen Prize. – News release

Mobile Airport Authority hires new director

More than seven months after the abrupt departure of its previous executive director, the Mobile Airport Authority has announced the hiring of a new leader. The MAA manages the Mobile Aeroplex at Brookley, including the Mobile Downtown Airport, and Mobile Regional Airport. The newly announced executive director is Thomas "Chris" Curry, who previously held the top position at Tallahassee International Airport for three years. – AL.com

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