Trade mission connects Alabama firms to Nordic bioscience ecosystem
COPENHAGEN, Denmark — Commerce Secretary Greg Canfield is leading a delegation of Alabama bioscience businesses on a trade mission to this week’s Nordic Life Sciences Days (NLSDays), the largest Scandinavian partnering conference dedicated to the life sciences industry. The Alabama team, which includes representatives from six bioscience firms, arrived in Copenhagen today and was scheduled…
Digital health startup Acclinate plans to add 25 workers in Birmingham expansion
BIRMINGHAM, Alabama — Acclinate, a digital health company that’s confronting the problems posed by the underrepresentation of people of color in clinical research, plans to launch a growth project in Birmingham that will add 25 new full-time workers, according to the Alabama Department of Commerce. Birmingham-based Acclinate couples community engagement with data analysis to assist biopharmaceutical…
Long-standing Alabama-Japan bonds on full display at celebration
BIRMINGHAM, Alabama — Six Japanese companies embarking on investment projects in Alabama were recognized Thursday night at a ceremony that highlighted the deep economic and cultural connections that link the Southeastern state and the Asian nation. The Japan-America Society of Alabama (JASA) dinner at the Renaissance Birmingham Ross Bridge Golf Resort & Spa brought together…
Sec. Canfield to depart Commerce with veteran economic developer tapped as successor
MONTGOMERY, Alabama — Governor Kay Ivey today announced Alabama Department of Commerce Secretary Greg Canfield will step down at the end of the year after serving in the post for 12 years. The governor has tapped Ellen McNair, an economic development veteran, to serve as the next secretary of Commerce. “Throughout my time as governor,…
Sec. Canfield heads Alabama team in Tokyo for SEUS-Japan 45 summit
Commerce Secretary Greg Canfield is leading an Alabama delegation at an international conference in Tokyo this week that seeks to enhance the robust economic and cultural ties between seven Southeastern states and Japan. The 45th annual joint meeting of the Southeast U.S.-Japan and the Japan-Southeast associations, known as SEUS Japan, officially begins today and features…
Tech company Stella Source plans to add 50 jobs at Birmingham HQ
BIRMINGHAM, Alabama — Stella Source, a software development company whose products help those in the metal distribution and fabrication industry operate more efficiently, announced plans today to expand its presence in Birmingham with 50 new full-time employees, more than double its current headcount in the Magic City. To accommodate growth, Stella Source plans to relocate…
Gov. Ivey announces major tax reform to benefit small businesses
MONTGOMERY, Alabama — Governor Kay Ivey today announced the implementation of a major tax reform initiative that will that lessen burdens on many Alabama small businesses. Effective October 1, 2023, more than 3,000 Alabama small businesses will no longer be required to pay monthly estimated sales taxes to the state Department of Revenue. “Alabama’s economy…
Birmingham hosts U.S.-EU SME Workshop to reinforce transatlantic ties
BIRMINGHAM, Alabama — The Alabama Department of Commerce is hosting the 12th U.S.-EU Small and Medium-Sized Enterprises (SME) Workshop today in Birmingham, giving small businesses an opportunity to connect with government trade officials from both sides of the Atlantic. The day-long event allows leaders from small businesses to engage directly with government officials from the…
International investment speeds job growth in Alabama, analysis shows
Job creation tied to international investment in Alabama has been rapidly outpacing the state’s general employment growth rate, according to a report that tracks the impact of foreign direct investment (FDI) across the U.S. The Global Business Alliance analysis says employment in Alabama tied to FDI surged 12% between 2015 and 2020, compared to overall…
Alabama delegation seeks closer Canada ties at SEUS-CP
Commerce Secretary Greg Canfield is leading an Alabama delegation traveling to Canada for next week’s business meeting of the Southeastern United States-Canadian Provinces Alliance (SEUS-CP), a partnership that seeks to expand commercial opportunities and broaden cultural exchange. This year’s annual conference is being held in the port city of St. John’s, the capital of Newfoundland…
