Alabama business climate rates near top in ‘Site Selection’ rankings
Alabama’s business climate ranked near the top of the states in a comprehensive analysis released today by “Site Selection,” a national publication that focuses on economic development. In the magazine’s 2020 analysis, Alabama ranked No. 7, tied with Arizona, and up two spots from the previous year. Georgia and North Carolina share the top spot,…
Alabama business leaders meet with Ambassador Lighthizer, key trade official
VANCE, Alabama – Governor Kay Ivey and a group of Alabama industrial leaders on Friday hosted Ambassador Robert Lighthizer, the U.S. Trade Representative, at the Mercedes-Benz manufacturing complex for a high-level discussion on the Trump Administration’s trade and economic growth policies. Ambassador Lighthizer shared details about the Administration’s trade goals and heard from the Alabama…
Bronze Valley names first startup class in gener8tor accelerator
BIRMINGHAM, Alabama – Startup accelerator gener8tor announced today the participants selected for 10 Fall 2020 gBETA cohorts, including five promising companies in the program’s inaugural class at the Bronze Valley Accelerator. Birmingham’s Bronze Valley is a non-profit, early stage venture investment platform that focuses on supporting female entrepreneurs and entrepreneurs of color. “Bronze Valley is…
Economic development projects to bring 510 new jobs to Huntsville area
HUNTSVILLE, Alabama – The Huntsville/Madison County Chamber today announced that new economic development projects will bring 510 new jobs and more than $71 million in investment to the community. This eight companies under taking the projects have expanded or located in Huntsville metro area during 2020 but have not previously announced their growth plans. “We…
Site consultants rank Alabama a top state in Area Development survey
Site selection professionals surveyed by national publication Area Development once again ranked Alabama among the top states for doing business, citing a range of factors that underpin a business-friendly environment. Alabama ranks No. 6 overall in the magazine’s 2020 “Top States for Doing Business” analysis, continuing a long run in the annual survey’s Top 10…
FedEx Ground to build $40 million logistics facility in Jefferson County
BIRMINGHAM, Alabama – FedEx Ground plans to build a $40.6 million facility in Jefferson County that would create 285 full- and part-time jobs within three years of the project’s completion, the Birmingham Business Alliance announced today. The 300,000-square-foot FedEx Ground facility will stand on a 46-acre site off Lakeshore Parkway, a growing logistics and distribution corridor…
Dollar General opens cold storage facility in Montgomery, creating 65 jobs
MONTGOMERY, Alabama – Retailer Dollar General announced the opening of a 450,000-square-foot DG Fresh cold storage facility in Montgomery that will create 65 jobs and advance the company’s growth plans through a $26 million investment. The new DG Fresh facility, located at 6080 Mobile Highway, seeks to support approximately 1,500 stores through the company’s Fresh…
Publication gives Alabama high marks for business climate, workforce training
Alabama received high rankings for its workforce development programs and auto manufacturing strength in a new report from Business Facilities magazine, which also picked Birmingham and Huntsville as top cities for business climate. In the 16th installment of its Annual State and Metro Rankings Report, Business Facilities rated Birmingham as the No. 1 mid-size metro…
ALDI plans regional HQ, distribution hub in Baldwin County, creating 200 jobs
LOXLEY, Alabama – ALDI U.S., the growing grocery retailer, announced plans today to construct a new regional headquarters and distribution center in Loxley, Alabama, to support the company’s growing footprint along the Gulf Coast. The retailer purchased 160 acres in Loxley’s industrial and warehousing district, north of Interstate 10’s exit 44. The 564,000-square-foot facility will…
Gov. Ivey launches $100M small business grant program ‘Revive Alabama’
MONTGOMERY, Alabama – Governor Kay Ivey on Wednesday announced the Revive Alabama grant program to support small businesses in Alabama that have been impacted by COVID-19. Revive Alabama will reimburse small businesses up to a combined $100 million for expenses they have incurred due to operational interruptions caused by the pandemic and related business closures. “In…
