News
Mobile hosts NASA, aerospace companies for business development event
MOBILE, Alabama — Representatives of NASA agencies and big-name aerospace companies will be in Alabama’s Port City in early September for a business networking and trade show event that could result in new partnerships or contracts for small- and mid-sized firms. The business-to-business forum, hosted by the Mobile Area Chamber of Commerce, is set for…
Space and Missile Defense Symposium lifts off in Alabama aerospace hub
HUNTSVILLE, Alabama – Imagine satellites no bigger than a loaf of bread. Now dream up technology that would power low-cost launch systems. These are the kind of topics that will emerge at this week’s Space and Missile Defense Symposium in Huntsville, an annual gathering that allows thousands of defense industry professionals to make contact with…
Alabama economic developers, educators team for new workforce development strategies
BIRMINGHAM, Alabama – Top Alabama education officials and economic developers increasingly are on the same page when it comes to workforce development strategies, crafting initiatives that align classroom learning with critical workplace needs. At a forum sponsored by the Birmingham Business Alliance, Alabama Secretary of Commerce Greg Canfield and high-ranking state education officials described how…
Mobile, Huntsville among top metros for economic growth potential, Business Facilities says
MONTGOMERY, Alabama – Two Alabama cities with growing aviation and aerospace sectors – Mobile and Huntsville – rank near the top of Business Facilities magazine’s Economic Growth Potential Rankings of U.S. metro areas. Mobile ranked No. 2 in the publication’s analysis, while Huntsville is No. 4 on the list. Business Facilities said Mobile earned its…
Alabama scores high in Business Facilities ranking as ‘rising automotive powerhouse’
MONTGOMERY, Alabama – Expanding production in Alabama’s auto industry means the state is “coming on strong as a rising automotive powerhouse,” according to a new Business Facilities ranking. The publication, which targets site consultants and economic developers, ranked Alabama No. 2 in its annual state Automotive Manufacturing Strength ranking, up from No. 7 in the…
Alabama unemployment rate declines in June as labor force expands
MONTGOMERY, Alabama – Alabama’s unemployment rate moved lower in June as the state’s labor force continues to grow from the levels of a year ago. Jobs were gained in sectors including construction and transportation. Governor Robert Bentley today announced that Alabama’s preliminary June unemployment rate is 6.5 percent, down from last month’s rate of 6.8…
Infinitus Energy to build $35 million advanced waste recovery facility in Montgomery
MONTGOMERY, Alabama – Infinitus Energy will build a technologically advanced waste recovery facility in Montgomery as part of a $35 million project that will create 110 jobs and bring long-term environmental benefits to the area. Representatives from Infinitus Energy joined Mayor Todd Strange, elected leaders and Montgomery Area Chamber of Commerce officials in a groundbreaking…
Airbus Americas Chairman: Why Airbus chose Alabama for A320 assembly line
MONTGOMERY, Alabama — In a column for CNBC’s web site, Allan McArtor, chairman of Airbus Americas, explains why Airbus chose Alabama as the home for its most advanced A320 assembly line – a project he calls the “most significant, game-changing event in U.S. aerospace in decades.” While McArtor points to several factors that made Alabama…
Alabama earns spot as Top 10 state for business in Pollina survey
CHICAGO — Alabama has been ranked a Top 10 state for business by Pollina Corporate Real Estate and the American Economic Development Institute, thanks in part to economic development efforts that demonstrate how state officials understand the needs of businesses. The Corporate Top 10 Pro-Business States study sizes up how well each state has or has not…
Alabama showcases high-tech capabilities at trade conference in Canada
MONTGOMERY, Alabama – From a sustainable energy research firm based in Brownsboro to a materials management company headquartered in Birmingham, Alabama’s delegation at this week’s trade conference in Canada will demonstrate the state’s high-tech economy. A delegation of 19, including economic development leaders and business representatives, will travel from Alabama to Halifax this weekend for…