News
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 markets around the world has become a core element of its business. Today, SEPCO ships products to customers in approximately 40 different countries, and Chief Executive Officer Chris Wilder is hoping to expand…
Foreign investment accelerates with new growth projects in Alabama
With new growth projects under way in key industries such as automotive and aviation, foreign direct investment continues to act as a powerful catalyst in Alabama’s economy, casting a wave of job creation and triggering positive ripple effects. Since 2018, foreign companies have launched investment projects valued at more than $13 billion across Alabama, generating…
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 ambassador that landed in 73 foreign countries in 2021. More than $7.7 billion in Alabama vehicle exports were recorded in 2021, topping the total from pre-pandemic 2019 by over $1 billion, according to…
Resicum plans aviation training facility at Selma’s Craig Field
SELMA, Alabama — Governor Kay Ivey announced today that Resicum International LLC, which provides flight training and maintenance support to government, commercial and general aviation customers, plans to open an aviation training academy at Craig Field in Selma that will prepare the next generation of industry professionals from around the world. Resicum plans to invest…
Innovation Fund supports growth of ‘cancer companion’ app developer
A promising Birmingham startup that aims to help cancer patients and their families along the difficult treatment journey is recalibrating its growth plans after receiving financial support from the Alabama Innovation Fund. Fighting Cancer Network Inc., which is developing a “cancer companion” app to house informational videos as a resource for patients and caregivers, received…
Fabrication company announces growth plans in North Alabama
ATHENS, Alabama — Morgan Metals Inc., an Athens metal manufacturing company, plans to expand its North Alabama operations in 2023, according to an announcement by the Limestone County Economic Development Association. Morgan Metals President Patrick Townsend says the growth plans will allow the company to serve the growing number of industries in the region. The…
Pack Health to expand Birmingham operation with 200 new positions
BIRMINGHAM, Alabama — Leading patient-engagement company Pack Health, a Quest Diagnostics company, today announced plans to add at least 200 new full-time employee positions through an expansion at its Birmingham facility that will create a significant economic impact in the region. As a result of the company’s growth throughout the COVID-19 pandemic, when many turned…
Peak North America USA creating 175 jobs with new Alabama facility
MOBILE, Alabama — Peak North America USA plans to invest $24 million to open a facility in Mobile County’s Irvington community that will provide equipment and services to the wood products industry. The project will create 175 jobs over the next four years, according to an announcement today by the Mobile Chamber. “Peak North America…
Gulf Distributing to expand activities with growth project in Mobile
MOBILE, Alabama — Gulf Distributing, one of the oldest beverage distributors in the Southeast, announced plans today to relocate its operations from Moffett Road to Downtown Mobile as part of a project that will create 25 jobs and solidify its future in the city. The company will overhaul the former Press Register Building, located at…
Holiday Gift Guide 2022: Memorable gifts from rural Alabama
Rural Alabama is home to many skilled and creative artisans, whose work shines brightly during the holiday season. From intricate woodwork to inventive fragrance blends, their products are popular gifts for Christmas and other occasions throughout the year. “There’s an intriguing mix of natural outdoor beauty and modern innovation of entrepreneurial-minded residents in our rural…