4 key reasons Alabama’s ‘Rocket City’ is best pick for Space Command HQ
Huntsville is in the running to be the headquarters of the new U.S. Space Command, a move that is a natural fit for Alabama’s Rocket City and its longtime support of space and defense programs. Goals of the new command are to better organize and advance the military’s extensive operations in space and to seek…
ULA’s Alabama-based RocketShip makes first delivery with new name
Many folks may know that the United Launch Alliance produces powerful rockets at a sprawling factory in Decatur. But few people probably realize that the ULA has its own rocket delivery ship based in the Alabama city. The R/S RocketShip, as it’s now called, is a 312-foot vessel designed specially to transport boosters and other…
Alabama trade mission team travels to United Arab Emirates
A team of Alabama business leaders is visiting the United Arab Emirates to explore new markets and forge key partnerships in this important gateway for commerce across the Middle East and North Africa. Last year, the UAE was Alabama’s 19th largest export market, with $186 million in products shipped there. With $11 million in state…
IBM report ranks Alabama No. 1 for jobs from 2018 foreign investment
MONTGOMERY, Alabama — Governor Kay Ivey announced today that a highly respected survey of international corporate investment decisions from experts at IBM Services names Alabama as the top U.S. state for job creation from foreign investment in 2018. Alabama also scored high rankings in other metrics related to foreign investment in the 2019 Global Location…
Alabama ranks No. 4 in publication’s 2019 ‘Top States for Business’ survey
Alabama ranked near the top of Area Development magazine’s 2019 “Top States for Business” survey, continuing a streak of high rankings in the national publication’s annual analysis. Overall, Alabama earned a No. 4 ranking and Top 10 marks in 11 different individual categories in Area Development’s 2019 survey, underscoring the state’s business-friendly environment, leading job-training…
BIO Alabama names director as bioscience sector growth is targeted
BIO Alabama said today that experienced healthcare executive Sonia Robinson has joined the statewide bioscience trade association as its first full-time executive director, leading efforts within the sector to grow employment, increase research development and expand international trade. “The entire life sciences ecosystem is active in Alabama from research to institutional tech transfer; from startups…
Alabama to open European office to advance economic development
The Alabama Department of Commerce has opened a business development office in Stuttgart, Germany, to enhance the state’s strategic efforts to attract European companies considering job-creating investments in the U.S., Governor Kay Ivey announced today. Christoph Dörr, an experienced German businessman who spent seven years in charge of an industrial operation in Alabama, serves as…
Record year for foreign investment sparks growth in Alabama
With major new growth projects moving forward across Alabama, foreign direct investment continues to play a vital role in the state’s economy, building on a record total of foreign investment approaching $4.2 billion last year. These FDI projects represent major job-creation engines for many Alabama communities. Last year, companies from 16 different countries launched projects…
Alabama earns No. 3 spot in magazine’s new business climate rankings
Business Facilities, a national publication that focuses on economic development, ranked Alabama’s business climate among the top states in a new analysis that evaluated a range of key economic categories. Alabama earned the No. 3 spot in the magazine’s flagship business climate ranking, while also earning high marks for workforce training, manufacturing employment and the…
Texas-based Ben E. Keith to open $100M Alabama distribution center
MONTGOMERY, Alabama — Governor Kay Ivey announced today that Ben E. Keith, a major food and beverage distribution company, plans to invest $100 million to open an advanced foodservice distribution center in Coffee County. The facility will also serve as the company’s Southeast Regional Headquarters. The project will create 80 direct jobs over the next…
