Gov. Ivey announces major tax reform to benefit small businesses
MONTGOMERY, Alabama — Governor Kay Ivey today announced the implementation of a major tax reform initiative that will that lessen burdens on...
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Birmingham hosts U.S.-EU SME Workshop to reinforce transatlantic ties
BIRMINGHAM, Alabama — The Alabama Department of Commerce is hosting the 12th U.S.-EU Small and Medium-Sized Enterprises (SME) Workshop today in Birmingham,
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...
Gov. Ivey announces major tax reform to benefit small businesses
MONTGOMERY, Alabama — Governor Kay Ivey today announced the implementation of a major tax reform initiative that will that lessen burdens on many Alabama small businesses. Effective October 1, 2023, more than 3,000 Alabama small businesses will no longer be required to pay monthly...
Birmingham hosts U.S.-EU SME Workshop to reinforce transatlantic ties
BIRMINGHAM, Alabama — The Alabama Department of Commerce is hosting the 12th U.S.-EU Small and Medium-Sized Enterprises (SME) Workshop today in Birmingham, giving small businesses an opportunity to connect with government trade officials from both sides of the Atlantic. The day-long event allows leaders...
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...
South American airline JetSMART takes delivery of Alabama-built Airbus
MOBILE, Alabama — Airbus announced today that JetSMART, the South American ultra-low-cost carrier operating in Chile, Argentina and Peru, has taken delivery of its first A320neo produced at the aircraft manufacturer’s Alabama facility. The airline is the first South American carrier to take delivery...
Alabama approves over $33 million for job search, skills training programs
The Alabama Workforce Development Board has approved more than $33.6 million in job search and skills training programs to help Alabamians advance their careers. Alabamians can find out about available free career services, supportive services, and skills training by visiting one of Alabama’s more...
Hyundai Alabama plans major investment with new Santa Fe SUV on way
MONTGOMERY, Alabama — Hyundai announced plans today to invest $290 million in upgrades at its Montgomery assembly plant as the facility prepares to build the next-generation Santa Fe sport utility. Hyundai Motor Manufacturing Alabama (HMMA) officials announced the automaker’s investment plans at a ceremony...
Alabama automakers step up support for career pathway programs
Alabama’s automakers are expanding their broad-based efforts to create new career pathways for Alabama students interested in developing the skills needed in high-tech workplaces. Last week, Toyota USA Foundation announced grants of up to $6.7 million to prepare Huntsville City Schools’ students for future...
Auto parts maker Shinhwa plans $114 million Alabama expansion
AUBURN, Alabama — Shinhwa Auto USA Corp. plans to invest $114 million to expand its manufacturing operation in Auburn to support the production of electric vehicle parts, according to Governor Kay Ivey. The growth project will create 50 jobs and add a new 170,000-square-foot...
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...
International investment speeds job growth in Alabama, analysis shows
Job creation tied to international investment in Alabama has been rapidly outpacing the state’s general employment growth rate, according to a report that tracks the impact of foreign direct investment (FDI) across the U.S. The Global Business Alliance analysis says employment in Alabama tied...
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