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Enterprise
  • Montgomery Whitewater takes center stage as new development strategies take shape
    Enterprise

    Montgomery Whitewater takes center stage as new development strategies take shape

    MONTGOMERY, Alabama — Commerce Secretary Ellen McNair joined a team from Innovate Alabama today for a tour of Montgomery Whitewater, a world-class recreational facility that’s now hosting Olympic athletes, as Alabama business development leaders consider new approaches to spark economic growth. McNair, who is spearheading the creation of a new state economic development strategic plan,…

    April 11, 2024
  • Alabama claims No. 1 spot among auto-exporting states for first time
    Enterprise

    Alabama claims No. 1 spot among auto-exporting states for first time

    Alabama has become the nation’s No. 1 auto-exporting state, with international vehicle shipments surging past $11.2 billion in 2023 to overtake long-time leader South Carolina, according to new trade data. Alabama’s auto exports have climbed 45% in value since 2021, when they totaled $7.7 billion, according to figures from the Alabama Department of Commerce. “Alabama’s…

    April 4, 2024
  • Alabama cities earn spots in Site Selection’s 2023 economic development rankings
    Enterprise

    Alabama cities earn spots in Site Selection’s 2023 economic development rankings

    Cullman and Selma are among the Alabama small cities and metro areas that received a shoutout from Site Selection magazine for economic development success in the national publication’s extensive 2023 Governor’s Cups analysis. Cullman ranked No. 2 in Site Selection’s round-up of the nation’s Top 100 Micropolitans, based on 11 growth projects that met the…

    April 2, 2024
  • Report: 2023 growth projects to inject $6.4 billion into Alabama communities
    Enterprise

    Report: 2023 growth projects to inject $6.4 billion into Alabama communities

    MONTGOMERY, Alabama — Governor Kay Ivey announced today that companies launching operations or expanding existing facilities in Alabama during 2023 are poised to make investments totaling over $6.4 billion, building on the state’s winning economic development track record with another year of steady job creation. “We continue to make significant progress in our mission to…

    March 26, 2024
  • Southern Roots Nut Co. plans Alabama processing hub with 120 jobs
    Enterprise

    Southern Roots Nut Co. plans Alabama processing hub with 120 jobs

    DOTHAN, Alabama —  Southern Roots Nut Co. plans to open a pecan processing facility in Dothan, where the New Mexico-based company will create 120 jobs in Alabama’s Wiregrass region, according to an announcement today by Governor Kay Ivey. Southern Roots will invest nearly $16.6 million to outfit an existing building and construct a new facility…

    March 11, 2024
  • Site development efforts get $30 million boost with Alabama’s first SEEDS grants
    Enterprise

    Site development efforts get $30 million boost with Alabama’s first SEEDS grants

    MONTGOMERY, Alabama — Governor Kay Ivey announced today that the State Industrial Development Authority (SIDA) has approved over $30 million in grants under the new Site Evaluation and Economic Development Strategy Act (SEEDS) to speed the development of much-needed industry-ready sites across the state. The groundbreaking grant program — a key portion of the Governor’s…

    February 26, 2024
  • Alabama exports soar to record total in 2023, topping $27 billion
    Enterprise

    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,…

    February 12, 2024
  • Primordial Ventures selects Birmingham for medical supplies production hub
    Enterprise

    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…

    January 9, 2024
  • Brasfield & Gorrie to expand Birmingham HQ to support 85 new jobs
    Enterprise

    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…

    January 4, 2024
  • 2023 Made In Alabama Holiday Gift Guide showcases homegrown goods
    Enterprise

    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,…

    December 11, 2023
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