News
New Millbrook Business Park set to open in Elmore County
MILLBROOK, Alabama – Economic development efforts in one of Alabama’s fastest-growing cities are poised to get a boost from the opening of a new 90-acre business park just off Interstate 65 in Elmore County. A groundbreaking ceremony for the Millbrook Business Park at 2800 Grandview Road is set for 2 p.m. today. Partners on the…
Alabama-Germany partnership shows new strength after decades of growth
German companies have invested $8.4 billion and created nearly 15,500 jobs in Alabama over the past two decades, and the prosperous relationship is poised to grow even stronger. State exports to the European nation are on the rise, and at the same time, Germany’s foreign direct investment in Alabama remains strong. There are also new…
Alabama exports surging in unexpected corners of the world
MONTGOMERY, Alabama – It’s clear that 2016 was a stellar year for Alabama exports, with rising shipments in a number of markets worldwide, signaling even more optimism for the future. The top five destinations for state goods and services – Canada, China, Germany, Mexico and the United Kingdom – remained relatively unchanged from 2015 and…
Leonardo plans to produce advanced Air Force trainer in Tuskegee
TUSKEGEE, Alabama — Governor Robert Bentley announced today that Leonardo, a global aerospace and defense firm, will create 750 jobs at an advanced assembly center at Tuskegee’s Moton Field if the company’s T-100 jet trainer wins a U.S. Air Force competition for a next-generation training aircraft. Governor Bentley, Tuskegee University officials, Tuskegee Mayor Tony Haygood…
Walmart to invest $135M in Alabama import distribution center
MOBILE, Alabama – Retail giant Walmart Stores Inc. plans to invest at least $135 million to open a massive import distribution facility in Mobile County, creating 550 jobs and providing a major boost to the Port of Mobile. Walmart’s new 2.5 million-square-foot facility will service about 800 stores with products primarily shipped through the Alabama…
Honda Alabama expansion project launches with $85M first phase
LINCOLN, Alabama — Honda continues to build on its massive investment in Alabama and today announced a plan to spend an additional $85 million at its Talladega County auto manufacturing plant. The money will be used for the first of a multi-phase project to improve vehicle manufacturing flexibility, strengthen logistics efficiency for future models, and…
Continental Motors to build new Alabama manufacturing center
MOBILE, Alabama – Continental Motors Group, a global maker of piston aircraft engines, announced plans today to build a state-of-the-art manufacturing facility and corporate office at the Mobile Aeroplex as part of a three-year strategic growth plan. Continental Motors officials announced the plans for the new 225,000-square-foot facility, which will centralize the company’s operations scattered…
Airbus lifts employees’ lives, transforms Alabama industry
MOBILE, Alabama – When the first Alabama-made Airbus A321 passenger jet took to the skies on its maiden flight a year ago, the pride in the air was palpable. Company executives cheered the creation of a new center for commercial airplane production in the U.S., while state leaders hailed the launch of Alabama’s aerospace industry…
Alabama Launchpad expands reach with new regional competitions
BIRMINGHAM, Alabama — The startup competition that has pumped millions of dollars into innovative companies across Alabama is poised to accelerate its impact. Alabama Launchpad, a program of the Economic Development Partnership of Alabama, is looking for communities that want to replicate the statewide competition on a local level. EDPA is accepting requests for proposals…
Alabama Small Business Development Center has big impact
The Alabama Small Business Development Center (SBDC) Network is being recognized this week for its role in helping thousands of small businesses in Alabama, as part of national “SBDC Day” to share the impact SBDCs have in communities across the country. The Alabama program is an accredited member of America’s SBDC, the largest and most…