News
Alabama and Japan forge stronger economic bonds at JASA event
BIRMINGHAM, Alabama — The flourishing economic relationship between Alabama and Japan is on full display as the Japan-America Society of Alabama (JASA) hosts its 2024 Annual Dinner and Business Forum at the Renaissance Birmingham Ross Bridge Golf Resort & Spa. Commencing with a formal dinner last night, the event brings together key figures from both…
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. This strategic move places SpaceFactory’s new facility at 209 Bailes Street, near the innovative Campus 805, where the company will expand…
Northeast Opelika Industrial Park gets $2 million boost from SEEDS grant
OPELIKA, Alabama — A $2 million grant from Alabama’s Site Evaluation and Economic Development Strategy (SEEDS) program will fund critical infrastructure projects in the Northeast Opelika Industrial Park, enhancing the city’s attractiveness for new business and investment. The SEEDS funding will support two key projects in Opelika: the extension of North Park Drive and the…
Commerce Sec. McNair leads Alabama delegation to SEUS-Japan joint meeting
CHARLOTTE, North Carolina — Commerce Secretary Ellen McNair is leading an Alabama delegation at the 46th Annual Southeast U.S.-Japan (SEUS-Japan) Alliance joint meeting in Charlotte this week to reinforce ties with one of the state’s key economic partners. The three-day event, which began Sunday, brings together leaders from the Southeast U.S. and Japan to strengthen…
Austal USA launches second growth project in Mobile, eyes 2,000 new jobs
MOBILE, Alabama — Austal USA, a cornerstone of Alabama’s thriving defense industry, has commenced the construction of a cutting-edge submarine module manufacturing facility (MMF3) in Mobile. This expansion marks another milestone in the company’s ongoing efforts to support the U.S. Navy’s submarine programs, further enhancing Alabama’s role in national defense. The facility, spanning 369,600 square…
SEEDS grants totaling $2.2 million to propel site development in Montgomery
MONTGOMERY, Alabama — Two grants totaling $2.2 million from Alabama’s Site Evaluation and Economic Development Strategy (SEEDS) program will accelerate the development of vital industrial sites in Montgomery, reinforcing the city’s ongoing surge in capital investment and job creation. In collaboration with the Montgomery Water Works & Sanitary Sewer Board and Kershaw Investment Properties LLC,…
Governor Ivey announces new Growing Alabama funding topping $7M for 4 sites
MONTGOMERY, Alabama — Governor Kay Ivey announced today that the Renewal of Alabama Commission has allocated over $7.2 million in new Growing Alabama funding to four economic development organizations across the state, accelerating the development of industrial and agricultural center sites. These funds are designed to boost site readiness, a critical factor in attracting new…
Sierra Pacific marks opening of new manufacturing facility in Phenix City
PHENIX CITY, Alabama — Governor Kay Ivey joined executives from Sierra Pacific Industries and local officials in Phenix City today to celebrate the official opening of the company’s new manufacturing campus, which will bring 300 jobs to the Russell County community. The $60 million investment in Sierra Pacific Windows, the company’s division focused on high-end…
EDPA names Miller Girvin as its next president as organization enters new era
BIRMINGHAM, Alabama — The Economic Development Partnership of Alabama (EDPA) on Wednesday announced the appointment of Miller Girvin as its next president, effective Jan. 1, 2025. The transition follows the retirement of Greg Barker, who will step down as EDPA’s president at the end of the year, after more than four years at the organization’s…
Two St. Clair County communities receive SEEDS grants totaling $2.5 million
SPRINGVILLE, Alabama — Two communities in St. Clair County have received a major boost in their efforts to attract new business and industry with the latest round of funding from the Site Evaluation Economic Development Strategy (SEEDS) program. The initiative, launched earlier this year, is designed to help local governments and development authorities prepare strategic…