Alabama exports soar to record total in 2023, topping $27 billion
MONTGOMERY, Alabama — Governor Kay Ivey announced today that Alabama companies exported goods and services worth over $27.4 billion in 2023, setting a new annual record for the second consecutive year and underscoring the resilience of the state’s economy. The value of last year’s exports rose 6% from the previous year’s total of $25.5 billion,…
Primordial Ventures selects Birmingham for medical supplies production hub
BIRMINGHAM, Alabama — Alabama Commerce Secretary Ellen McNair announced today that startup Primordial Ventures plans to launch a manufacturing operation in Birmingham to produce high-quality medical supplies and ensure a dependable domestic production pipeline for these goods. Primordial Ventures, a veteran and minority-owned company, plans to create 30 jobs at the Alabama production facility, which…
Brasfield & Gorrie to expand Birmingham HQ to support 85 new jobs
BIRMINGHAM, Alabama — Alabama Commerce Secretary Ellen McNair announced today that Brasfield & Gorrie, one of the nation’s largest privately held construction firms, plans to invest $18.9 million to expand its national headquarters in Birmingham, choosing to grow in its hometown over other major markets where it operates. Brasfield & Gorrie’s expansion project will support…
2023 Made In Alabama Holiday Gift Guide showcases homegrown goods
Shoppers across the state, in growing numbers, are seeking out the talent and creativity of fellow Alabamians when it comes to checking off their holiday gift lists. That’s clear from the success of Alabama Goods, the retailer that opened its first shop in Homewood in 2010. Since then, the business has doubled that Homewood space,…
Sec. Canfield to join Birmingham law firm after Commerce departure
BIRMINGHAM, Alabama — Greg Canfield, who is stepping down as Alabama’s Secretary of Commerce after 12 years, will join Burr & Forman as the Birmingham law firm’s managing director of economic development on Jan. 2, 2024. During his tenure at the Alabama Department of Commerce, the state secured more than $70 billion in new investment…
Trade mission connects Alabama firms to Nordic bioscience ecosystem
COPENHAGEN, Denmark — Commerce Secretary Greg Canfield is leading a delegation of Alabama bioscience businesses on a trade mission to this week’s Nordic Life Sciences Days (NLSDays), the largest Scandinavian partnering conference dedicated to the life sciences industry. The Alabama team, which includes representatives from six bioscience firms, arrived in Copenhagen today and was scheduled…
Digital health startup Acclinate plans to add 25 workers in Birmingham expansion
BIRMINGHAM, Alabama — Acclinate, a digital health company that’s confronting the problems posed by the underrepresentation of people of color in clinical research, plans to launch a growth project in Birmingham that will add 25 new full-time workers, according to the Alabama Department of Commerce. Birmingham-based Acclinate couples community engagement with data analysis to assist biopharmaceutical…
Long-standing Alabama-Japan bonds on full display at celebration
BIRMINGHAM, Alabama — Six Japanese companies embarking on investment projects in Alabama were recognized Thursday night at a ceremony that highlighted the deep economic and cultural connections that link the Southeastern state and the Asian nation. The Japan-America Society of Alabama (JASA) dinner at the Renaissance Birmingham Ross Bridge Golf Resort & Spa brought together…
Sec. Canfield to depart Commerce with veteran economic developer tapped as successor
MONTGOMERY, Alabama — Governor Kay Ivey today announced Alabama Department of Commerce Secretary Greg Canfield will step down at the end of the year after serving in the post for 12 years. The governor has tapped Ellen McNair, an economic development veteran, to serve as the next secretary of Commerce. “Throughout my time as governor,…
Sec. Canfield heads Alabama team in Tokyo for SEUS-Japan 45 summit
Commerce Secretary Greg Canfield is leading an Alabama delegation at an international conference in Tokyo this week that seeks to enhance the robust economic and cultural ties between seven Southeastern states and Japan. The 45th annual joint meeting of the Southeast U.S.-Japan and the Japan-Southeast associations, known as SEUS Japan, officially begins today and features…