News
At BIO convention, Alabama biotech firms show off promising research
BOSTON — Representatives of 10 Alabama biotech firms are attending the world’s largest industry conference this week, hoping to return home with new investments and partnerships to further their groundbreaking research in the state. More than 16,000 industry leaders from more than 70 countries are expected at the BIO International Convention in Boston. “BIO is…
Hyundai Alabama launches production of redesigned 2019 Santa Fe SUV
MONTGOMERY, Alabama – Hyundai’s Alabama auto plant today kicked off production of the redesigned 2019 Santa Fe, with plans to produce more than 84,000 models this year to meet growing demand for SUVs. The 3,200-worker Montgomery factory also produces the Sonata and Elantra sedans. Since late last year, the plant has been coordinating retooling, robot…
SEUS-Canada Alliance to kick off joint meeting in Mobile
MOBILE, Alabama — Business leaders from across Canada and the Southeastern U.S. will gather in Mobile next week to seek new trade and investment opportunities and continue to build on already strong partnerships. The 11th Annual Southeastern United States – Canadian Provinces (SEUS-CP) Alliance Conference kicks off Sunday in the Port City, with more than…
Steve Case: ‘Great things happening in Birmingham’
BIRMINGHAM, Alabama — Birmingham’s startup scene got a major boost on Wednesday, as a traveling caravan of national tech and innovation leaders met some of the city’s most dynamic entrepreneurs. The Rise of the Rest bus tour, led by America Online founder Steve Case, made stops at key centers of innovation around the Magic City.…
Rise of the Rest bus tour to showcase Birmingham innovation ecosystem
BIRMINGHAM, Alabama — Birmingham’s entrepreneurial and innovation landscape will be in the spotlight today, as the city hosts a national tour of supporters of early-stage startups. The Rise of the Rest bus tour passes through the Magic City, where it will make stops at the National Civil Rights Institute, the makerspace MAKEbhm, downtown business incubator…
Port of Mobile taps partners to develop $60M auto export facility
BUENOS AIRES, Argentina — The Port of Mobile is poised to become a major hub of auto export activity, with a new facility that will allow vehicles to be driven directly onto cargo ships bound for markets around the world. On Tuesday, representatives of the Alabama State Port Authority and AutoMobile International Terminal, a joint…
Alabama trade mission team seeks business connections in South America
BUENOS AIRES, Argentina – Alabama Commerce Secretary Greg Canfield is leading a team of state business leaders on a trade mission in South America this week, aiming to forge new relationships and find new markets for their goods and services. The mission to Argentina and Ecuador features a wide variety of the state’s business interests,…
Industry growth spurt drives opportunities for Alabama auto workers
HUNTSVILLE, Alabama — Alabama’s robust auto industry has transformed the state economy over the past two decades, as well as communities scattered from the Tennessee Valley to the Gulf Coast. But perhaps nowhere has the industry’s prosperity been more acutely felt than in the lives of the companies’ employees who each year build about 1…
Governor Ivey awards 8 Alabama companies for exporting success
MONTGOMERY, Alabama – Governor Kay Ivey recognized eight Alabama companies today for success in selling their goods and services in countries around the globe. Winners of the 2018 Governor’s Trade Excellence Awards represent a diverse swath of the state’s business landscape, including high-tech manufacturers, innovative software developers and a craft beer brewer. They were honored…
Alabama ranks No. 3 for auto exports, with shipments to 88 nations in 2017
MONTGOMERY, Alabama — Alabama’s auto industry continues to dominate on the international stage, as state-built models were shipped to 88 countries around the globe last year. Motor vehicle exports topped $7.75 billion in 2017, according to the latest trade data reviewed by the Alabama Department of Commerce. That makes Alabama the No. 3 auto exporter…