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Enterprise

Record year for foreign investment sparks growth in Alabama

Enterprise

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...

Written by Jerry Underwood

Alabama earns No. 3 spot in magazine’s new business climate rankings

Enterprise

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...

Written by Jerry Underwood

Texas-based Ben E. Keith to open $100M Alabama distribution center 

Enterprise

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...

Written by Jerry Underwood

3 Alabama projects selected for publication’s impact awards

Enterprise

Trade and Industry Development, a leading publication dedicated to site selection for business, today named three Alabama projects as winners of its top 2019 economic development awards. The Alabama projects were among a total of 30 across the nation claiming the magazine’s 2019 Corporate...

Written by Jerry Underwood

How 4 innovative firms are soaring in Alabama’s aerospace industry

Enterprise

Alabama’s aerospace industry is marked by innovators, who are rethinking established industry standards and pushing the limits of their imaginations. They’re focused on specialized products and training to aid military personnel, new solutions for faster communications around the globe and more efficient ways for...

Written by Dawn Azok

Alabama claims Gold Shovel Award for economic development efforts

Enterprise

MONTGOMERY, Alabama -- Governor Kay Ivey announced today that Area Development, a national business publication, has selected Alabama for its Gold Shovel Award, recognizing the state’s economic development success in 2018. The honor follows a record year for Alabama, with companies announcing new facilities...

Written by Jerry Underwood

Mazda Toyota Manufacturing embraces Alabama hometown’s space roots

Enterprise

HUNTSVILLE, Alabama – Mazda Toyota Manufacturing USA is taking a cue from its Alabama hometown’s leadership role in the nation’s space program by naming its two assembly lines “Apollo” and “Discovery.” “Thanks to our team members’ creativity and innovative thinking, Mazda Toyota Manufacturing is...

Written by Jerry Underwood

Alabama team targets international connections at SelectUSA Investment Summit

Enterprise

Alabama is home to a diverse lineup of international companies, and the state’s business recruiters are looking to expand those ranks. The economic development team is in Washington D.C. at the 2019 SelectUSA Investment Summit, which starts today and is the premier foreign direct...

Written by Dawn Azok

Alabama delegation travels to Montréal for SEUS-CP Alliance conference

Enterprise

Commerce Secretary Greg Canfield will lead an Alabama delegation to Montréal for the 12th edition of the Southeastern United States-Canadian Provinces Alliance Conference, an annual gathering that showcases common economic ties and a strong trade relationship. SEUS-CP, as the conference is known, runs Sunday...

Written by Jerry Underwood

$125 million solar project heading to rural Montgomery County

Enterprise

MONTGOMERY, Alabama – A utility-scale solar project, developed with a $125 million investment, is planned for rural Montgomery County, the project’s partners announced today. The project from Alabama Municipal Electric Authority (AMEA) and Lightsource BP will be one of the largest solar arrays in Alabama...

Written by Jerry Underwood

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