Study: Boeing’s Alabama economic impact reaches $2.7 billion
HUNTSVILLE, Alabama — Boeing contributes more than $2.7 billion each year to Alabama’s economy, along with 9,402 jobs in its sprawling operations and support network, according to a new study issued this week. The global space and defense manufacturer, which is marking its 60th year in the state, conducts a wide range of business activities in…
Dothan officials launch project to build expandable spec building
DOTHAN, Alabama — Officials in Dothan have formally kicked off a project to build a 100,000-square-foot speculative building in the Sam Houston Industrial Park to better prepare the Southeast Alabama city for industrial prospects. The building will be located on a 41-acre site called Lot 3 in the platted industrial park at 102 Austin Court.…
Alabama earns ‘Silver Shovel’ Award for 2021 economic development
Governor Kay Ivey announced today that Area Development, a national business publication, has selected Alabama for a Silver Shovel Award, recognizing the state’s economic development successes in 2021. The honor reflects strong recruitment results for the Alabama team, with companies announcing new facilities and expansion projects involving $7.7 billion in new capital investment during 2021.…
Report: 2021 growth projects bringing Alabama $7.7 billion in new investment
MONTGOMERY, Alabama — Governor Kay Ivey announced today that economic development activity across Alabama surged during 2021, with a new report showing that projects launched during the year will inject $7.7 billion in capital investment and almost 10,200 jobs into the state’s strengthening economy. The project activity is outlined in the 2021 New & Expanding…
Dothan Warehouse to invest $8 million in new Alabama expansion
DOTHAN, Alabama — Dothan Warehouse plans to invest $8 million to expand its facility in Houston County in the second phase of a growth project, creating 25 jobs and broadening the commercial hub’s capabilities, according to the Dothan Area Chamber of Commerce. Phase 2 of the expansion calls for Dothan Warehouse to enlarge its warehouse…
Commerce book drive benefits Montgomery schools’ reading program
MONTGOMERY, Alabama — The Alabama Department of Commerce, along with AIDT, conducted a book drive as part of National Reading Month, collecting about 200 books for donation to help advance a reading initiative organized by Montgomery Public Schools. The gift benefited the Montgomery school system’s Home Instruction for Parents of Preschool Youngsters (HIPPY) program, which…
Koch Foods begins operations at new $60 million Alabama facility
ATTALLA, Alabama — Representatives of Koch Foods joined state and local leaders in Etowah County on Thursday to formally open the company’s state-of-the-art grain storage and distribution facility in Attalla. Koch Foods (pronounced “Cook”) said the new poultry feed-mill will create 32 new jobs with an annual payroll of $1 million. The company invested more…
Kroger creating 160 jobs to launch grocery delivery service in Birmingham
BIRMINGHAM, Alabama — Kroger Co. announced plans today to hire 161 new employees in Birmingham as the national grocery chain rolls out its e-commerce grocery delivery service in the region. The BBA announced today that Kroger has leased a 50,000-square-foot facility at 30 West Oxmoor Road that will serve as a last-mile spoke location for…
Real estate firms plan new Alabama headquarters, creating 400 jobs
HOOVER, Alabama — Lake Homes Realty and a sister company, RealSource Title Insurance and Real Estate Closing, plan to establish a new headquarters operation in Hoover, bringing 400 new jobs to the Birmingham suburb over the next five years. Lake Homes Realty, which calls itself the nation’s largest real estate brokerage focusing on lake properties,…
Governor Ivey honors 7 Alabama companies for exporting success
MONTGOMERY, Alabama — Governor Kay Ivey today recognized seven Alabama companies for success in selling their goods and services in markets across the globe, helping to sustain robust export activities that create jobs and spark economic growth across the state. In addition, Governor Ivey recognized William Cummins, executive state director of the Alabama Small Business…
