German American Chamber event showcases Alabama business opportunities
German business leaders will learn about Alabama’s advantages for potential investment projects or partnerships during an upcoming webinar coordinated by the German American Chamber of Commerce in Atlanta. The Sept. 25 webinar is part of the Chamber’s “Virtual Tour 2024 — Southern U.S.,” which is providing in-depth introductions to 11 different states in the region.…
Commerce’s Stimpson participating in European Union leadership program
BRUSSELS, Belgium — Christina Stimpson, the top trade expert at the Alabama Department of Commerce, is in Belgium and Greece this week to participate in the EU-US Emerging Leaders Visitors Programme, which aims to strengthen ties between the two economic blocs. The five-day event, organized by the European Union and the Embassy of Greece, is…
Long-standing Alabama-Japan bonds on full display at celebration
BIRMINGHAM, Alabama — Six Japanese companies embarking on investment projects in Alabama were recognized Thursday night at a ceremony that highlighted the deep economic and cultural connections that link the Southeastern state and the Asian nation. The Japan-America Society of Alabama (JASA) dinner at the Renaissance Birmingham Ross Bridge Golf Resort & Spa brought together…
Sec. Canfield heads Alabama team in Tokyo for SEUS-Japan 45 summit
Commerce Secretary Greg Canfield is leading an Alabama delegation at an international conference in Tokyo this week that seeks to enhance the robust economic and cultural ties between seven Southeastern states and Japan. The 45th annual joint meeting of the Southeast U.S.-Japan and the Japan-Southeast associations, known as SEUS Japan, officially begins today and features…
Auto parts maker Shinhwa plans $114 million Alabama expansion
AUBURN, Alabama — Shinhwa Auto USA Corp. plans to invest $114 million to expand its manufacturing operation in Auburn to support the production of electric vehicle parts, according to Governor Kay Ivey. The growth project will create 50 jobs and add a new 170,000-square-foot production building on Shinhwa’s campus in Auburn Technology Park West. The…
Alabama’s 2022 projects to inject record $10.1 billion in new investment
MONTGOMERY, Alabama — Economic development activity in Alabama generated $10.1 billion in new capital investment during 2022, a new annual record and another indicator of strength in the state’s economy. Governor Kay Ivey announced today that the 2022 Alabama Economic Development Impact Report, compiled by the Alabama Department of Commerce, shows that investment tied to…
Germany trade mission offers new possibilities for Alabama firms
Team Alabama’s first overseas trade mission in over three years successfully connected a diverse group of growth-minded state companies with counterparts in Germany, potentially setting the stage for new opportunities and partnerships. Greg Canfield, Secretary of the Alabama Department of Commerce, said the five Alabama companies on the mission operate in fields including the life…
Commerce to lead Alabama trade mission to German business hub
MONTGOMERY, Alabama — Commerce Secretary Greg Canfield is leading a delegation of Alabama business leaders on a trade mission to Germany this week, resuming the strategic trips to overseas commercial hubs that have helped state-based companies explore new markets and partnership opportunities. The journey to Munich and nearby Augsburg is the Alabama Department of Commerce’s…
German state celebrates ties to Commerce with partnership award
An organization promoting economic ties to the German state of Niedersachsen recognized the Alabama Department of Commerce as its “Outstanding Economic Development Partner of the Year” at an international trade show in Chicago. The award from Invest in Niedersachsen reflects Commerce’s strategic efforts to build close relationships with companies and business organizations throughout Europe but…
Alabama delegation to strengthen ties with Canada at SEUS-CP Alliance Conference
Commerce Secretary Greg Canfield will lead an Alabama delegation to Savannah, Georgia, for the Southeastern United States-Canadian Provinces Alliance Conference, a high-level gathering that reinforces common economic ties, expands commercial opportunities and broadens cultural exchange. SEUS-CP, as the event is known, runs Sunday through Tuesday and features networking opportunities, business-to-business meetings and panel discussions on…
