|
Companies in the News
|
|
|
Atlanta-Grown Technology to Scan Baggage in Middle East Airport
An Atlanta company that designs baggage-scanning systems has landed a contract with the government of the United Arab Emirates.
ScanTech, formed in 2001 by a Georgia Institute of Technology graduate, will create 25 jobs and invest $1 million in Atlanta as it manufactures and exports its X-ray systems to the international airport in Abu Dhabi, the Middle Eastern nation’s capital.
The company began its operations in the Advanced Technology Development Center, a Georgia Tech incubator in Midtown that has turned out successful technology companies.
ScanTech’s X-ray systems are a non-intrusive means of scanning baggage and cargo for hazardous materials like explosives, drugs and radioactive substances.
Georgia officials said the deal points to a growing focus on technology and innovation in the state.
“Georgia has long been fertile ground for imaginative entrepreneurs, and ScanTech’s success showcases our commitment to innovation,” said Ken Stewart, commissioner of Georgia’s economic development department.
Dolan Falconer, the company’s president and CEO, said partnerships with the Georgia department and the state’s technology-related organizations helped open his enterprise to this new overseas market.
Georgia legislators, including Sens. Saxby Chambliss and Johnny Isakson, as well as Rep. John Lewis, have endorsed the ScanTech equipment’s potential to deter terrorism and smuggling.
Emory Hosting Globalization Conference
A development arm of Emory University is partnering with financial organizations to bring experts to Atlanta for a conference examining the pitfalls and opportunities presented by globalization.
The presidential election process is putting a spotlight on the global economy, as candidates grapple on the impact of international trade on domestic workers and its role in jumpstarting the slow-growing U.S. economy.
The Emory Development Institute, which leverages the university’s personnel and resources to aid economic progress, is collaborating with the Financial Standards Foundation and the Financial Services Forum to host the two-day forum beginning July 10.
The foundation was formed in 2001 to facilitate the creation of a global financial system based on comprehensive standards.
George Vojta, a creator of the foundation and a board member of many international companies and banking-related organizations, will participate in the event.
The Financial Services Forum is a policy organization comprised of 20 CEOs from top financial services companies. Robert Henrikson, chairman, president and CEO of MetLife, is an alumni trustee of Emory and will participate in the event.
The forum will release a report next week on a new U.S. assistance program to help American workers displaced by the global economy adjust to their new situation.
GlobalAtlanta will conduct a filmed interview with Mr. Vojta about this and other subjects.
advertisement - story continues below

Norcross Company Sells Internet Technology in Japan
A Norcross company will help a consortium of more than 1,000 online publishers and 500 agencies tailor their Internet advertisements to users in specific locations throughout Japan.
Digital Element, a unit of Norcross-based Digital Envoy Inc., will allow the Tokyo-based Digital Advertising Consortium, or DAC, to resell its NetAcuity programming solution.
Without gathering personal ID information, the solution detects a user’s location and other attributes, allowing the DAC’s clients—including Yahoo! Japan, Google Japan, MSN Japan and other high-profile sites—deliver relevant ads.
Digital Element was founded in 1999. For more information, visit www.digital-element.net.
advertisement - story continues below

Air Force Refueling Fleet Contract Re-Opened
Defense Secretary Robert Gates announced the re-opening of a $35 billion Air Force refueling fleet contract competition to Boeing Co. and Northrop Grumman Corp. July 9.
The decision comes one month after the Government Accountability Office, or GAO, upheld Boeing’s protest at Northrop Grumman winning the contract in February.
The protest alleged that the bidding process was unfair and Northrop Grumman’s partnership with the European Aeronautic Defense and Space N.V. would cause job losses overseas.
A Northrop Grumman official visited Atlanta in April to announce it would assemble the tanker in Mobile, Ala., with 4,200 jobs created by the project spilling over into Georgia.
The GAO review focused on the Air Force’s selection process. It concluded that the Air Force had held misleading discussions with Boeing officials, did not document selection criteria and could not support some of the financial assertions in its decision.
Mr. Gates selected John Young, undersecretary of defense for acquisition, technology and logistics, to appoint and oversee a new selection committee, replacing the Air Force’s acquisition team.
Mr. Young is to review new proposals from both companies and aim to pick a tanker by year’s end.
Randy Belote, vice president of corporate and international communications for Northrop Grumman, expressed confidence in the Air Force’s original decision.
“The United States Air Force has already picked the best tanker, and we are confident that it will do so again,” he said. A statement from Northrop Grumman in June stated that plans to assemble the tanker in the Southeast are unchanged.
Boeing welcomed the decision, adding that it hopes the selection criteria will not change under the re-opened bidding process.
advertisement - story continues below

State Agriculture Department Hosts Central American, South Korean Trade Missions
|
|
The Central American group tours a Kroger in Atlanta's Little Five Points neighborhood.
|
|
|
|
The South Korean group tours Prime Pak's processing plant in Gainesville.
|
The Georgia Department of Agriculture and New Orleans-based Southern U.S. Trade Association hosted South Korean and Central American trade missions in Atlanta in late June-early July.
Both groups stopped in the Georgia capital on their way to the Fancy Food Show, a conference hosted by the National Association for the Specialty Food Trade, in New York July 2.
The Central American group included representatives of Auto Mercado grocery stores and Comidas Ivairu S.A. investment group from Costa Rica, Exclusive and La Nueva food companies from Guatemala and Señor Tenedor restaurant chain in El Salvador.
The group toured local Kroger Co. and Whole Foods Market, FreshPoint Atlanta, a Forest Park-based produce distributor, and the Atlanta State Farmers’ Market in Forest Park.
The six South Koreans, representing retail and restaurant companies, toured a Publix Supermarket and Whole Foods in Atlanta, as well as Gainesville-based Prime Pak Foods Inc.’s meat processing plant.
Both trade missions met with the Georgia Pecan Growers Association and a number of local food industry companies at the Omni Hotel in Atlanta.
Companies participating included food and wine producers like Lane Southern Orchards, Manning Farms, Persimmon Creek Vineyards.
Confectionary companies Byrd Cookie Co., Dillon Candy Co., Savannah Cinnamon & Cookie Co. and Stewart Candy were also represented.
Retailers participating included Bella Cucina, Buckhead Gourmet, Claxton Bakery, Crickle Co., Fire and Flavor Grilling, Home Style Foods, Hot Tar Inc. and J.C.’s Specialty Foods.
Wholesalers, marketers and other industries present included Absorption Corp., Alos Cuisine, Braswell Food Co., DD Foods, Idea Ocean, Mason Pecan International, Meta Foods, Mirasco Inc., Solvi Brands, and Worldwide Marketing.
|
|
|
|
|