Governor Bentley Comments on 2012 New & Expanding Industries
MONTGOMERY, Alabama — Alabama Governor Robert Bentley today released details from the 2012 New and Expanding Industries Report, which showed a second year of steady growth for new jobs in Alabama and capital investment across the state. Companies establishing new operations in Alabama or expanding facilities already in the state announced capital investments exceeding $5.4…
Alabama bioscience industry targeted for growth
BIRMINGHAM, Alabama – The Alabama bioscience industry already has strengths, but officials in the field have a strategy to expand the sector’s reach, just as state officials once did to nurture a fledgling automotive manufacturing industry into a top producer. Alabama’s current bioscience palette – according to BioAlabama, the state affiliate of the Biotechnology Industry…
HudsonAlpha Institute builds base in Huntsville for biotech research
HUNTSVILLE, Alabama — A biotechnology park – the brainchild of the successful Huntsville entrepreneurs behind the HudsonAlpha Institute – showcases the promise of biotechnology in Alabama. Entrepreneur Lonnie McMillian co-founded ADTRAN, the second largest supplier of telecommunications equipment in the U.S. Jim Hudson Jr. created Research Genetics, the world’s leader in genetic linkage products. Research Genetics…
Alabama poultry industry provides $10 billion boost to state economy
MONTGOMERY, Alabama — The Alabama poultry industry is a major contributor to the state’s economy, according to an article on the Farm Flavor web site that examines its scope. The poultry industry, the report says, boosts the Alabama economy by $10 billion annually. It’s also the leading revenue segment in the state’s agriculture industry, with one…
Mercedes-Benz recruiter sees more expansion for Alabama auto manufacturing sector
BIRMINGHAM, Alabama — Billy Joe Camp had a front-row seat for Project Rosewood, the recruiting effort that brought Mercedes-Benz to Alabama, and has witnessed every development in the Alabama auto manufacturing industry ever since. He remains bullish on the sector’s prospects after two decades of dynamic growth. Back in 1993, Camp headed the Alabama Development Office,…
Expansions, new projects fuel growth of manufacturing jobs across Alabama
A manufacturing boom means Alabama is poised to produce more automobiles, engines, ships, railcars and airplane components. It also means thousands of new manufacturing jobs across a state whose economy continues to be reshaped by industrial projects. “Industrial development throughout the state remains in high gear with many companies announcing expansions to their existing operations or…
Impact of Alabama agriculture, forestry industries tops $70 billion
MONTGOMERY, Alabama — The Alabama agriculture and forestry industries remain powerful economic forces in the state, according to a fresh report that assesses their impact at $70.4 billion annually. The February 2013 analysis, prepared by Auburn University’s Department of Agricultural Economics and Rural Sociology, also identifies the agriculture and forestry industries as major employers in…
Alabama is sweet home for foreign companies, investment
Since Alabama said “Willkommen” to Mercedes-Benz two decades ago, the state has become a top destination for major foreign companies looking for a U.S. home for manufacturing plants and other facilities. A major focus of Alabama’s economic development recruitment efforts has long been foreign companies, and it shows. Airbus, the world’s largest maker of passenger…
Alabama’s auto manufacturing industry adding investment, jobs and vehicles after record year
MONTGOMERY, Alabama – The Alabama auto manufacturing industry has been running at full throttle, but it’s poised to gain additional velocity as new investment pours into the state. Manufacturing plants are expanding, new suppliers are establishing operations and the industry’s workforce is growing across the state. The expansion activity means that Alabama, already a Top…
Alabama economic development community looks to attract Airbus suppliers
MOBILE, Alabama – Airbus plans to begin manufacturing its A320 family of passenger jets in Alabama in 2015, and the state’s economic development officials have mobilized to help the aviation giant and Airbus suppliers experience a smooth take-off. Alabama officials will work with Airbus to recruit and select its 1,000-strong workforce and on training programs…
