Gov. Ivey announces major tax reform to benefit small businesses
MONTGOMERY, Alabama — Governor Kay Ivey today announced the implementation of a major tax reform initiative that will that lessen burdens on...
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Birmingham hosts U.S.-EU SME Workshop to reinforce transatlantic ties
BIRMINGHAM, Alabama — The Alabama Department of Commerce is hosting the 12th U.S.-EU Small and Medium-Sized Enterprises (SME) Workshop today in Birmingham,
CFD Research launches growth project at Test Center in Jackson County
HOLLYWOOD, Alabama — At a groundbreaking ceremony today, CFD Research Corp. formally kicked off a construction project to add a new facility...
Commerce’s Postell wins award as Alabama small business champion
The U.S. Small Business Administration’s Alabama District recently presented Eddie Postell, director of the Alabama Department of Commerce’s Office of Small Business Advocacy, with its “Tip of the Spear” Award. Each year, the SBA’s Alabama District gives out a special honor — formerly known...
Commerce Sec. Canfield to lead Alabama mission to 2023 Paris Air Show
MONTGOMERY, Alabama — Commerce Secretary Greg Canfield is leading a group of economic development specialists from across Alabama at next week’s 2023 Paris Air Show as part of a strategic effort to accelerate growth in the state’s important aerospace and defense sector. Secretary Canfield...
Southwire to expand Florence manufacturing campus, add 120 jobs
FLORENCE, Alabama — As part of ongoing modernization efforts, Southwire, one of North America’s largest wire and cable producers, announced plans today for an expansion of its manufacturing campus in Florence that is expected to increase production capacity by 30% and create approximately 120...
Alabama claims Silver Shovel Award for 2022 economic development successes
MONTGOMERY, Alabama — Governor Kay Ivey announced today that Area Development, a national business publication, has selected Alabama for its Silver Shovel Award, recognizing the state’s economic development successes during 2022. The honor reflects record results for Alabama’s economic development team, with companies announcing new...
Premier Tech opens $33 million U.S. headquarters, tech hub in Montgomery
MONTGOMERY, Alabama — Canada-based Premier Tech on Tuesday officially commissioned a new state-of-the-art U.S. headquarters for its Systems and Automation business group in Montgomery, culminating a $33 million investment project. The 167,000-square-foot Alabama facility will become Premier Tech’s new solution hub for its American clients, allowing for...
Walmart plans $350 million in high-tech upgrades at Alabama distribution hub
CULLMAN, Alabama — Retail giant Walmart announced plans today to invest $350 million to add high-tech robotics and automation technologies to its regional distribution center in Cullman. The investment will improve the hub’s productivity, enabling it to double shipments and keep the shelves stocked...
Report: 2022 investment projects to generate 1,900 jobs in rural Alabama
MONTGOMERY, Alabama — Commerce Secretary Greg Canfield announced today that new capital investment by growing companies in rural Alabama approached $1.8 billion during 2022, building on solid economic development results registered in recent years. The new investment projects are also bringing 1,900 jobs to...
Mexican airline takes delivery of Airbus jet in milestone for Alabama facility
MOBILE, Alabama — Airbus said today that Mexico’s ultra-low-cost airline Volaris has taken delivery of an A320neo from Airbus’ U.S.-based production facility in Alabama, marking the first time a non-U.S. airline to take delivery of an aircraft produced at the site. With this aircraft,
Kronospan plans $350 million Alabama expansion for OSB production
OXFORD, Alabama — Kronospan, a leading producer of wood panel products, announced plans to invest $350 million to open an Oriented Strand Board (OSB) manufacturing plant on its Alabama production campus as part of an expansion that will create 125 jobs. Once the growth...
VT MAE adding 200 workers at Mobile aircraft overhaul facility
MOBILE, Alabama — VT Mobile Aerospace Engineering Inc. plans to add 200 jobs as it equips its Mobile facility to convert and modify Airbus A320 Family passenger jets as cargo aircraft, providing another boost to the region’s aerospace/aviation sector. "This expansion project builds on Mobile's...
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