News
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. Secretary McNair said the Alabama Development Fund would allow the…
Diageo North America plans $415 million Alabama manufacturing hub
MONTGOMERY, Alabama — Premium drinks company Diageo North America announced plans today to open a new manufacturing and warehousing facility in Montgomery with 100 jobs as the company moves to build an increasingly resilient and efficient supply network. The 360,000-square-foot facility will have a multi-million case annual production capacity for Diageo’s leading beverage alcohol brands.…
From rockets to EVs: Alabama’s role in shaping the mobility revolution
You may not know it, but Alabama is powering the future of mobility, playing pivotal roles in automotive technology, space exploration, aircraft production and shipbuilding. From assembling electric vehicles (EVs) and rockets to producing world-class passenger jets, Alabama’s industries are shaping the technologies of tomorrow. Consider these highlights: The biggest names in global industry —…
Cyber Strong: Alabama’s innovation ecosystem fuels economic growth
Alabama’s technology sector is rapidly advancing, with significant growth in software services, cybersecurity activity and other fields that show considerable potential for expansion and job creation. In fact, the economic output of Alabama’s tech sector has surged by 50% since 2018 and is projected to reach 5.3% of the state’s total GDP by 2030, basically…
Alabama’s defense sector takes flight with cutting-edge technologies
The defense industry is a cornerstone of Alabama’s economy, and the state is renowned for its significant contributions to national security. The state hosts a variety of key resources and activities, particularly in the areas of missile defense, missile and rocket production, and cybersecurity. With an estimated annual economic impact of $23.5 billion, Alabama’s defense…
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. The…
2 Montgomery sites earn Gold Level designations from CSX Select Site program
MONTGOMERY, Alabama — Montgomery has earned two prestigious Gold Level designations from the CSX Select Site program, a recognition that sets the city apart as the only location across CSX’s 25-state network to achieve dual gold certification. The CSX Select Site program evaluates industrial sites based on rigorous standards of readiness and operational efficiency. These…
Alabama claims Business Facilities’ ‘Deal of the Year’ award for Austal USA expansions
MONTGOMERY, Alabama — Governor Kay announced today that Alabama has been recognized by Business Facilities magazine with its prestigious “Deal of the Year” Impact Award in the Defense Manufacturing category for Austal USA’s transformative growth projects at its shipyard in Mobile. The recognition from the national publication highlights Alabama’s critical role in bolstering U.S. national…
8 Alabama-made holiday gifts that celebrate local craftsmanship
You already know that all kinds of great products are made in workshops, factories, studios and kitchens across Alabama. Even better, many of them make perfect gifts for the special ones on your holiday shopping list. Our 2024 Holiday Gift Guide highlights the creativity of Alabama companies, artisans, entrepreneurs and others producing one-of-a-kind items ideal…
Port of Huntsville gets lift from SEEDS site development grant
HUNTSVILLE, Alabama —The Port of Huntsville is receiving a $650,000 Alabama economic development grant designed to boost site development for big industrial projects located across the state. The SEEDS, or Site Evaluation and Economic Development Strategy, program will provide North Alabama’s inland port with funding to grade greenfield land and hook up to city utilities.…