News
Mobile Chamber signs trade memo as gateway to Morocco
CASABLANCA, Morocco – The Mobile Area Chamber of Commerce this morning signed a memorandum of understanding with the American Chamber of Commerce in Morocco calling for the organizations to promote trade and build mutually beneficial business connections. The development comes on the third day of an Alabama trade and business development mission that began in Spain…
Alabama trade mission targets opportunities in Spain, Morocco
Business leaders from across Alabama will be in Europe and Africa next week, seeking new markets for their state-made goods and services. Alabama Department of Commerce Secretary Greg Canfield is leading a trade and business development mission to Spain and Morocco that kicks off today with the group’s departure. The 16-member delegation is made up…
First Alabama-made Airbus aircraft shows off JetBlue colors
MOBILE, Alabama — The first Alabama-made Airbus A321 is sporting JetBlue colors. Airbus said today that painting of its maiden U.S.-built passenger jet has been completed in its paintshop at the company’s new, $600 million facility at Mobile Aeroplex. The aircraft emerged wearing JetBlue livery. “This latest milestone shows that the first aircraft to be…
Canadian auto supplier Kobay Enstel plans Alabama factory
OXFORD, Alabama — Canadian automotive supplier Kobay Enstel announced plans today to create at least 75 jobs over three years at a new facility in Calhoun County. The Calhoun County Economic Development Council said Kobay Enstel, which stamps metal parts for auto seats, is leasing a 60,000-square-foot speculative building on McIntosh Road in Oxford under…
Golden State Foods launches $63 million Alabama project
OPELIKA, Alabama – California-based Golden State Foods Corp. has launched construction of a $63 million state-of-the-art meat processing facility in Alabama, expanding its investment in the project announced a year ago. Company leaders joined state and local officials this morning at a groundbreaking ceremony for the new 165,000-square-foot facility in the Northeast Opelika Industrial Park.…
Alabama 2016 export awards go to 8 companies
MONTGOMERY, Alabama — Eight Alabama companies are being honored today with a Governor’s Trade Excellence Award for their successful exporting strategies. Across the state, companies large and small are involved in shipping their products to overseas customers. This year’s roster of award winners offers a glimpse of the wide ranging Alabama-made lineup, from high-tech satellite…
First Alabama-made Airbus moves from production to paint
MOBILE, Alabama – The Airbus assembly facility at Mobile Aeroplex reached another milestone this week when the first Alabama-made jetliner left the production floor at the new $600 million plant and entered the paint shop. Airbus announced the development at the Alabama facility on Wednesday with a message on Twitter: “1st aircraft now out of…
Alabama auto exports span the globe to set record
From the Far East to the Arabian Desert, Alabama-built vehicles continue to make their mark across the globe. The value of Alabama auto exports topped $7 billion last year, a record annual total and a 5.8 percent gain from 2014. Meanwhile, overseas shipments of Alabama-made motor vehicle parts reached $1.2 billion, an 18 percent increase.…
Huntsville to become ‘Gig City’ with Google Fiber
Huntsville leaders announced plans today for a new fiber network that will bring ultra-fast Internet service to residents and businesses in Alabama’s Rocket City. Mayor Tommy Battle and Huntsville Utilities CEO Jay Stowe were joined by the director of expansion for Google Fiber, Jill Szuchmacher, who announced that the technology company is bringing its high-speed…
Site selectors: Alabama primed for projects, but challenges remain
Alabama has clear strengths to capitalize on the current trends in economic development, but the state also faces challenges in landing today’s lucrative jobs and capital investment projects. That was the message at today’s Alabama Economic Growth Summit hosted by Yellowhammer Multimedia at the Renaissance Ross Bridge Golf Resort & Spa in Hoover. During a…