Report: 2022 investment projects to generate 1,900 jobs in rural Alabama
MONTGOMERY, Alabama — Commerce Secretary Greg Canfield announced today that new capital investment by growing companies in rural Alabama approached $1.8 billion during 2022, building on solid economic development results registered in recent years. The new investment projects are also bringing 1,900 jobs to rural Alabama, with communities such as Courtland, Selma, Greenville, Fayette and…
‘Building 100’ in I-85 logistics hub opens amid ambitious growth plans
TUSKEGEE, Alabama — The Regional East Alabama Logistics (REAL) Park, which aims to supercharge economic growth in the Tuskegee region, is open for business with the commissioning of the first building in the logistics hub. Doster Construction Co. and Farpoint Development announced this week that construction has been completed on Building 100, an expandable 168,000-square-foot…
Unique partnership enables broadband network in rural Macon County
TUSKEGEE, Alabama — Many businesses and homes in Macon County now have the capability of connecting to a next-generation fiber broadband network, thanks to a partnership that pools state grants, private investment and philanthropic funding. Joe Turnham, director of the Macon County Economic Development Authority (MCEDA), said the project represents a transformative opportunity to drive long-term economic…
Alabama’s 2022 projects to inject record $10.1 billion in new investment
MONTGOMERY, Alabama — Economic development activity in Alabama generated $10.1 billion in new capital investment during 2022, a new annual record and another indicator of strength in the state’s economy. Governor Kay Ivey announced today that the 2022 Alabama Economic Development Impact Report, compiled by the Alabama Department of Commerce, shows that investment tied to…
Auto supplier Samkee Corp. selects Alabama for its first U.S. plant
MONTGOMERY, Alabama — Governor Kay Ivey announced today that Samkee Corp., a major South Korean automotive supplier, plans to invest $128 million to open its first U.S. factory in Alabama through a project that will create 170 jobs in Tuskegee and provide an economic boost for Macon County. After finalizing agreements with state and local…
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…
Resicum plans aviation training facility at Selma’s Craig Field
SELMA, Alabama — Governor Kay Ivey announced today that Resicum International LLC, which provides flight training and maintenance support to government, commercial and general aviation customers, plans to open an aviation training academy at Craig Field in Selma that will prepare the next generation of industry professionals from around the world. Resicum plans to invest…
Holiday Gift Guide 2022: Memorable gifts from rural Alabama
Rural Alabama is home to many skilled and creative artisans, whose work shines brightly during the holiday season. From intricate woodwork to inventive fragrance blends, their products are popular gifts for Christmas and other occasions throughout the year. “There’s an intriguing mix of natural outdoor beauty and modern innovation of entrepreneurial-minded residents in our rural…
For holiday gift twist, consider an Alabama adventure this year
Think outside the gift box this holiday season. From adrenaline-pumping adventures to high-end entertainment, the ways to experience Alabama are vast and varied, and they also make a perfect Christmas present. Here’s a twist on our annual “Made in Alabama” holiday gift guide, because there’s nothing you can put under the tree. But these Alabama…
First Solar plans $1.1 billion Alabama manufacturing facility with 700 jobs
MONTGOMERY, Alabama — First Solar Inc. plans to invest $1.1 billion to establish a photovoltaic (PV) solar module manufacturing facility in Lawrence County, creating over 700 jobs in North Alabama, according to an announcement today by Governor Kay Ivey. The new factory is part of the company’s previously announced investment in scaling its American manufacturing…
