Top Five Economic Trends to reshape Moblie, Escambia County and Pensacola

December 31, 2012

The Mobile Press Register has published the top five economic trends that it believes will reshape Mobile in 2013.

Of course, the Airbus assembly plant tops the list. The $600-million plant to be built at Blakely Field is expected to employ 1,000 people by 2016. The groundbreaking is set for April 2013.

Other trends:

Tourist officials are convinced the Port of Mobile will land a cruise land to replace Carnival, which moved its ship to New Orleans in 2011.

Workforce development will need to be retooled to accommodate Airbus—not just in Mobile, but for the entire region, including Northwest Florida.

Panama Canal expansion will impact the Port of Mobile. The state of Alabama has invested $340 million in a new container terminal at the port, deepening the channel and launching an intermodal rail facility.

The Aerospace Alliance—which stretches from Louisiana to Northwest Florida—expects to grow along the I-10 corridor as global markets invest in fleets and more fuel-efficient aircraft. The U.S. Navy recently awarded submarine contracts worth up to $4.5 billion to General Dynamics Corp. and Huntington Ingalls Industries Inc.. Seven percent of the work will be done at Ingalls’ Pascagoula, Miss. facility.

Escambia County/Pensacola’s economic trends?

1. Expansion of Navy Federal Credit Union
2. Landing new employer for either Airport or Port—or both
3. Workforce development, especially blue collar jobs that fit under-educated workforce
4. More Dollar Stores
5. ?????

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  • City January 1, 2013 at 1:56 pm

    5) Touart saves busted developers by directing Restore funds to Beulah interchange project.

  • City January 1, 2013 at 12:35 am

    Rick – please clarify. Your last comment was somewhat garbled.

    • Rick Outzen January 1, 2013 at 5:32 am

      Stay tuned

  • rachel terry December 31, 2012 at 5:57 pm

    You failed to mention the other economic successes of Hayward and Asmar. Hixart, PenAir, and the Fish Hatchery come to mind.

    Oh wait, nothing happened after the press releases and the photo ops.

    Also, when are the Woodburys going to build their bank on the southeast corner of Palafox and Main? Speaking of Palafox and Main, when is the new diner going in on the southwest corner?

    Oh wait, they were just two more press releases and nothing more.

    Rick, you and Hayward and Asmar used these economic opportunities to beat the city council over the head for stalling economic development. But, you fail to criticize Hayward and Asmar for their failure to deliver, not just in a timely fashion, instead at all.

    • Rick Outzen December 31, 2012 at 7:24 pm

      Stay tuned.

      Btw council “stalling” was criticized because the motives behind their political maneuvers had nothing to do with economic development or what was best for the city.

  • RT December 31, 2012 at 2:10 pm

    Rick, the economic outlook for Escambia County may be more bleak than you suggest. I think DOD and the Navy are poised to make some unpleasant adjustments to the Pensacola area work force. Stand by.