News Archive

Enterprise

New logistics projects coming to Mobile, Baldwin counties

Enterprise

LOXLEY, Alabama – To fuel its growth plans in Gulf Coast region, Imperial Dade, a distributor of food service packaging and janitorial supplies, is planning a move into a new 220,000-square-foot logistics hub in Baldwin Count. The $20 million project, announced today, will support...

Written by Jerry Underwood

Economic development report card shows $4.8 billion in 2020 investment

Enterprise

MONTGOMERY -- Despite the challenges posed by the coronavirus pandemic, economic development activity across Alabama in 2020 generated close to $5 billion in new capital investment and almost 10,000 job commitments, Governor Kay Ivey announced today. With significant growth projects recorded in key strategic...

Written by Jerry Underwood

Alabama team staging virtual trade mission to Israel in May

Enterprise

The Alabama Department of Commerce and the Export Alabama Alliance will host a virtual trade mission to Israel on May 10-12 in preparation for an in-person trade mission to Tel Aviv and Jerusalem to take place later this year. Alabama companies already exporting to...

Written by Jerry Underwood

Alabama scores in Top 10 in publication’s 2020 economic development rankings

Enterprise

 MONTGOMERY, Alabama – Alabama's ability to overcome the complex challenges posed by the COVID-19 pandemic to economic development earned the state a Top 10 ranking in “Site Selection” magazine’s annual Governor’s Cups analysis. Alabama ranked No. 9 among the states in job-creating economic development...

Written by Jerry Underwood

Ren Seafoods plans processing facility, distribution hub in Mobile

Enterprise

MOBILE, Alabama — Ren Seafoods plans to open a seafood processing facility and distribution hub in Mobile as part of a $12.4 million growth project that will create 54 jobs, according to the Mobile Area Chamber of Commerce. “This project further cements Mobile as...

Written by Jerry Underwood

Alabama exports primed for rebound in 2021 after pandemic challenges

Enterprise

In an unparalleled and unpredictable year of turbulence in global trade, Alabama’s exports of goods and services in 2020 totaled $17.13 billion. Reflecting the declines in export volumes recorded by nearly all states as well as the nation, Alabama’s total exports registered an overall...

Written by Jerry Underwood

ALDI kicks off construction on $100 million distribution center, regional HQ

Enterprise

LOXLEY, Alabama — Retailer ALDI officially launched construction today on a new regional headquarters and distribution center in Baldwin County that will support the company's expansion throughout the Gulf Coast region. The project is set to bring approximately $100 million in capital investment, with plans...

Written by Jerry Underwood

Biotech firm BioGX to invest $5 million in Alabama growth plans

Enterprise

Birmingham-based molecular diagnostics company BioGX plans to expand its R&D and manufacturing capabilities at a new corporate headquarters location in Shelby County, where it will beef up its workforce. The Birmingham Business Alliance announced today that BioGX has purchased a building on Valleydale Road...

Written by Jerry Underwood

5 trends powering Alabama’s economic recovery and growth in 2021

Enterprise

The COVID-19 pandemic threw a monkey wrench in Alabama’s economy last year, interrupting a golden period of substantial growth and casting doubt on whether the momentum could be regained. Fortunately for Alabama, the economic foundation built over the past several years looks resilient. Plus,

Written by Jerry Underwood

Alabama’s ‘Rocket City’ tapped for U.S. Space Command headquarters

Enterprise

The Secretary of the U.S. Air Force announced today that Huntsville has been selected as the preferred location for 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...

Written by Jerry Underwood

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