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Growth Alliance supports Alabama Development Fund to supercharge economic development with no new taxes
MONTGOMERY, Alabama — Commerce Secretary Ellen McNair today announced that the Alabama Growth Alliance, a public-private partnership dedicated to advancing the state’s economic priorities, has endorsed the creation of the Alabama Development Fund to provide a source of sustainable funding for economic development without increasing taxes or cutting existing programs.
5 days ago
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News in Rural Development

Alabama’s $36 billion forestry industry powers rural growth and innovation
Alabama’s forestry industry is a vital economic engine, particularly for the state’s rural areas. By generating billions in economic activity, creating thousands of jobs and promoting sustainable practices, the industry not only supports local economies but also positions Alabama as a leader in forestry and natural resource management on a national and global scale.
3 weeks ago
News in Export Alabama

Commerce trade team leads Alabama mission to MEDICA in Germany
DÜSSELDORF, Germany — The Global Business team from the Alabama Department of Commerce is leading a delegation of Alabama small and mid-sized businesses at this week’s MEDICA 2024, the world’s largest event for the medical industry, being held in Germany.
November 11, 2024
News in Sectors

ArcelorMittal plans $1.2 billion Alabama mill to produce electrical steel
MONTGOMERY, Alabama — Governor Kay Ivey announced today that ArcelorMittal, one of the world’s leading steel producers, will invest $1.2 billion to build an advanced manufacturing facility in Mobile County to produce a specialty electrical steel that’s used in EV motors and other applications.
4 days ago
News in Innovation

SpaceFactory relocates to Huntsville, bringing high-tech innovation focus to Alabama
HUNTSVILLE, Alabama — SpaceFactory, an industry leader in space and terrestrial construction technology, today announced plans to relocate its headquarters to Huntsville, positioning itself within the heart of the nation’s high-tech and aerospace industries.
November 05, 2024
News in Workforce

Alabama leaders kick off EV Technology Center project to boost training
TANNER, Alabama — Alongside state and local leaders, Commerce Secretary Ellen McNair today celebrated the official launch of construction on a cutting-edge $30 million workforce training center at the Alabama Robotics Technology Park near Decatur.
October 09, 2024
News in Enterprise

Growth Alliance supports Alabama Development Fund to supercharge economic development with no new taxes
MONTGOMERY, Alabama — Commerce Secretary Ellen McNair today announced that the Alabama Growth Alliance, a public-private partnership dedicated to advancing the state’s economic priorities, has endorsed the creation of the Alabama Development Fund to provide a source of sustainable funding for economic development without increasing taxes or cutting existing programs.
5 days ago
News in Manufacturing

ArcelorMittal plans $1.2 billion Alabama mill to produce electrical steel
MONTGOMERY, Alabama — Governor Kay Ivey announced today that ArcelorMittal, one of the world’s leading steel producers, will invest $1.2 billion to build an advanced manufacturing facility in Mobile County to produce a specialty electrical steel that’s used in EV motors and other applications.
4 days ago