Alabama team seeks stronger bonds at SEUS Japan 41 in Tokyo
Business leaders from across Alabama are participating in an international conference in Tokyo this week that aims to broaden economic and cultural ties between seven Southeastern states and Japan. The 41st annual joint meeting of the Southeast U.S.-Japan and the Japan-Southeast associations, known as SEUS Japan 41, is taking place in the Japanese capital beginning…
Amazon kicks off construction of first Alabama fulfillment center
BESSEMER, Alabama — Internet retail giant Amazon officially kicked off a construction project today for a technologically advanced fulfillment center in Bessemer that will employ 1,500 workers once the sprawling facility is fully operational next year. Amazon’s 855,000-square-foot facility is being constructed on 133 acres of property formerly owned by U.S. Steel off Powder Plant…
MTC Logistics to open $58 million distribution facility at Alabama port
MOBILE, Alabama – Baltimore, Maryland-based MTC Logistics announced plans to build a $58 million cold storage facility on property owned by the Alabama State Port Authority, creating between 50 and 70 jobs and providing a boost to the port’s container operations. Company officials said the 300,000-square-foot facility will be five stories tall and will contain…
Alabama trade mission seeks opportunities in Southeastern Europe
BUCHAREST, Romania — Alabama Commerce Secretary Greg Canfield is leading a team of state business leaders on a trade mission this week to Romania and Bulgaria, countries that offer new markets in Southeastern Europe and a potential gateway to opportunities in other regions. The multi-sector trade and business development mission kicks off today in Bucharest,…
Alabama jumps to No. 3 in ranking of ‘Top States for Business’
MONTGOMERY, Alabama – Area Development, a national publication, ranked Alabama No. 3 in its 2018 “Top States for Business” survey and gave the state a shout-out for improved economic development policies. Alabama’s overall ranking in the Area Development survey improved three spots from 2017 and 2016. The state has placed in Top 10 of the…
Walmart opens $135 million distribution center in Alabama
MOBILE, Alabama – Walmart on Tuesday officially marked the opening of a $135 million distribution center in Mobile that will create 750 jobs and strengthen the retailer’s supply chain network. During a grand opening ceremony, Governor Kay Ivey highlighted how the new facility will contribute to economic growth in the region while providing career opportunities…
Alabama grabs No. 1 business climate ranking from publication
Business Facilities, an economic development-focused publication, ranked Alabama’s business climate tops among the states in a new analysis that examined performance in several key economic categories. The publication cited Alabama’s successful recruitment of the Toyota-Mazda joint venture automobile manufacturing plant to illustrate the state’s appeal. The project, announced in January 2018, calls for a $1.6…
New investment fuels aerospace job growth across Alabama
Momentum continues to build in Alabama’s aerospace industry, which is adding new investments and hundreds of jobs to produce innovative, in-demand products in communities across the state. In 2017 alone, there were announcements totaling nearly $690 million and 1,750 jobs. Those numbers increased the sector’s cumulative investment over the past seven years to almost $2.4…
Alabama team departs Farnborough after 2 days of promising talks
Alabama Governor Kay Ivey and Commerce Secretary Greg Canfield departed London today after two intensive days of meetings at the 2018 Farnborough International Airshow that left them encouraged about growth prospects in the industry. While at Farnborough, the Alabama team engaged in 16 appointments with executives at aerospace companies such as Boeing, Airbus, Leonardo, and GE…
Leonardo T-100 factory would provide massive lift for Tuskegee
The Leonardo aircraft manufacturing facility that’s slated to be built in Tuskegee would have a vast economic impact across Macon County and beyond, according to key local officials supporting the project. The global aerospace and defense firm’s plans to produce the T-100 jet trainerat Moton Field would create a ripple of new jobs and investments…
