Trade missions uncover export opportunities for Alabama companies
For Alabama-based manufacturer Sealing Equipment Products Co., or SEPCO, selling its mechanical seals, gasketing materials, compression packing and other high-performance products in markets around the world has become a core element of its business. Today, SEPCO ships products to customers in approximately 40 different countries, and Chief Executive Officer Chris Wilder is hoping to expand…
Foreign investment accelerates with new growth projects in Alabama
With new growth projects under way in key industries such as automotive and aviation, foreign direct investment continues to act as a powerful catalyst in Alabama’s economy, casting a wave of job creation and triggering positive ripple effects. Since 2018, foreign companies have launched investment projects valued at more than $13 billion across Alabama, generating…
Motor vehicles power growth for Alabama’s export machine
Alabama-built vehicles are blazing a trail in the global economy, ranking as the state’s top export product and serving as a brand ambassador that landed in 73 foreign countries in 2021. More than $7.7 billion in Alabama vehicle exports were recorded in 2021, topping the total from pre-pandemic 2019 by over $1 billion, according to…
