SEEDS funding aims to unlock growth potential of rural Alabama sites
In the Northwest Alabama communities of Hamilton and Sulligent, long-running efforts to develop industrial sites that entice growing companies just received a catapult boost, thanks to the state’s new SEEDS program. Officially named the Site Evaluation and Economic Development Strategy Act, SEEDS provides grants to accelerate the development of industry-ready sites in the state. It’s…
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…
Conecuh Sausage expanding in $58 million Alabama growth project
ANDALUSIA, Alabama — Governor Kay Ivey announced today that Conecuh Sausage, an iconic Alabama maker of hickory smoked sausages, plans to invest nearly $58 million to open a second production facility in the state, creating 110 jobs in Andalusia. Conecuh Sausage was founded in Evergreen in 1947, and the production location in Conecuh County will…
Firm acquires North Alabama industrial facility, eyes aerospace hub
MUSCLE SHOALS, Alabama — AE Industrial Partners (AEI), a private equity firm specializing in aerospace, national security and industrial services, today announced that its affiliate Rocket Shoals LLC has acquired a sprawling industrial facility in Colbert County with plans to redevelop it as an “aerospace center of excellence.” Boca, Raton, Florida-based AEI acquired the facility…
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,…
Gov. Ivey: Alabama’s rural developers making ‘remarkable’ progress
PRATTVILLE, Alabama — Economic developers from rural communities across Alabama were urged Wednesday to keep their winning streak going at the 2023 RurAL Summit sponsored by the Alabama Department of Commerce and held at the Central Alabama Community College. Since 2020, the state’s rural counties have attracted over $4 billion in new capital investment through…
Colclasher Enterprises bringing jobs to Selma with pipe production hub
SELMA, Alabama — Colclasher Enterprises LLC, a plastic pipe manufacturer, officially announced plans to invest $9 million to establish a production facility in Selma’s Craig Industrial Park as part of a project that will create 21 jobs. The Selma & Dallas County Economic Development Authority said Colclasher Enterprises has begun retrofitting an existing building at…
CFD Research launches growth project at Test Center in Jackson County
HOLLYWOOD, Alabama — At a groundbreaking ceremony today, CFD Research Corp. formally kicked off a construction project to add a new facility at its Engineering Test Center in Jackson County that will allow it to expand activities at its growing site there. Huntsville-based CFD Research said the new 19,000-square-foot building at its site in Hollywood…
Rural Alabama’s advantages lure $4 billion in investment projects
With a series of high-impact growth projects now under way, rural Alabama is on a winning streak that is bringing in significant new investment and triggering the creation of thousands of jobs. Consider these developments: And there are many other dynamic developments taking shape in rural Alabama, including the nation’s first graphite processing facility and…
Trendco USA to create 292 jobs at Tuskegee glove manufacturing facility
MONTGOMERY, Alabama — Governor Kay Ivey announced today that Trendco USA plans to invest $43 million to launch a manufacturing operation in a Tuskegee logistics hub where the company will produce nitrile medical gloves to expand domestic supply. Columbia, South Carolina-based Trendco has committed to creating 292 jobs over five years at a facility in…
