Rising Alabama exports put 2022 on course for record year
Alabama exports are bouncing back from global trade frictions and disruptions caused by the COVID-19 pandemic, which combined to interrupt years of...
Made in Alabama
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Trade missions uncover export opportunities for Alabama companies
For Alabama-based manufacturer Sealing Equipment Products Co., or SEPCO, selling its mechanical seals, gasketing materials, compression packing and other high-performance products in...
Motor vehicles power growth for Alabama’s export machine
Alabama-built vehicles are blazing a trail in the global economy, ranking as the state’s top export product and serving as a brand...
Hyundai Mobis plans Alabama EV battery module plant, creating 400 jobs
MONTGOMERY, Alabama — Governor Kay Ivey joined executives of Hyundai Mobis, one of the world’s largest auto suppliers, today to announce the company’s plans to invest $205 million to open an EV battery module plant in Montgomery that will eventually employ at least 400...
Summit: Rural Alabama poised for job growth as project momentum builds
MONTGOMERY, Alabama — Growing businesses injected nearly $1.7 billion in new capital investment into Alabama’s rural counties last year in a sign of continuing vitality, according to data released today by the Alabama Department of Commerce in conjunction with a summit for the state’s...
Alabama-Japan relationship celebrated as robust bonds strengthen
HUNTSVILLE, Alabama — Workforce development guru Ed Castile and six growing companies were recognized Thursday night at a ceremony that showcased the strong economic and cultural ties between Alabama and Japan. The Japan-America Society of Alabama (JASA) dinner at the Westin Huntsville brought together...
HudsonAlpha AgTech Accelerator launches with first start-up class
HUNTSVILLE, Alabama — Five innovative start-up companies make up the inaugural class in the HudsonAlpha AgTech Investment Accelerator, a new initiative from the HudsonAlpha Institute for Biotechnology and the global venture and accelerator firm gener8tor. The 12-week accelerator invests $100,000 in five startups at...
Manna Capital Partners plans $600 million Alabama beverage product hub
MONTGOMERY, Alabama — Manna Capital Partners plans to invest nearly $600 million to construct an advanced beverage production and distribution complex in Montgomery, Governor Kay Ivey announced today. Manna Capital Partners, a minority-owned business enterprise and investment firm, said its Montgomery “beverage park” will...
Li-Cycle opens lithium-ion battery recycling ‘Spoke’ in Alabama
TUSCALOOSA, Alabama — Li-Cycle, a leading North American recycler of lithium-ion batteries, has launched commercial operations at an advanced recycling facility in Tuscaloosa that will support the company’s growing electric-vehicle battery supply customer base across the Southeast. Li-Cycle’s Alabama Spoke, as the facility is...
Second ‘Made in Alabama’ Showcase features top homegrown products
MONTGOMERY, Alabama — Governor Kay Ivey recognized 14 companies and their exceptional homegrown products at the second “Made in Alabama” Showcase at the state Capitol today. Governor Ivey invited the businesses to exhibit their products in the Old Supreme Court Library during a ceremony...
Microsoft taps Randolph County to lead digital skills initiative in Alabama
ROANOKE, Alabama — Microsoft Philanthropies is teaming with the Randolph County Economic Development Authority (RCEDA) on a program that helps job seekers and professionals gain new skills for in-demand roles in the digital economy. The RCEDA received funding from Microsoft Philanthropies to launch the...
ISA Corp. selects Geneva County for glove manufacturing operation
HARTFORD, Alabama — Oregon-based ISA Corp., a manufacturer of nitrile and latex gloves, announced plans today to open a production facility in Geneva County, creating 80 jobs over two years at the location in rural Alabama. ISA Alabama Corp., as the new venture is...
Novelis kicks off construction on $2.5 billion Alabama aluminum mill
BAY MINETTE, Alabama — Site work is under way on one of Alabama’s most prominent construction projects — a $2.5 billion aluminum mill being built by Atlanta-based Novelis in Baldwin County that is the first facility of its kind constructed in the U.S. for...
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