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…
Virtual SEUS-Japan meeting focuses on strong ties, growth potential
The robust economic and cultural ties between the U.S. Southeast and Japan are on full display in a virtual meeting of organizations dedicated to strengthening the long-standing relationship between seven Southern states and the Asian nation. The 43rd joint meeting of the Southeast U.S.-Japan and Japan-U.S. Southeast Associations had been set for October 2021 in…
Alabama firms sign pact to team on projects in South America’s Guyana
MOBILE, Alabama – Leaders of Myer Marine Services and Hargrove Engineers + Constructors, both based in Mobile, have signed a pact with a firm in Guyana that aims to accelerate the growth of oil and gas sector in the South American nation. The memorandum of understanding between the Alabama companies Georgetown, Guyana-based GAICO Construction was…
Alabama team staging virtual trade mission to Israel in May
The Alabama Department of Commerce and the Export Alabama Alliance will host a virtual trade mission to Israel on May 10-12 in preparation for an in-person trade mission to Tel Aviv and Jerusalem to take place later this year. Alabama companies already exporting to Israel in addition to those looking to get started in this…
Alabama business climate rates near top in ‘Site Selection’ rankings
Alabama’s business climate ranked near the top of the states in a comprehensive analysis released today by “Site Selection,” a national publication that focuses on economic development. In the magazine’s 2020 analysis, Alabama ranked No. 7, tied with Arizona, and up two spots from the previous year. Georgia and North Carolina share the top spot,…
Alabama business leaders meet with Ambassador Lighthizer, key trade official
VANCE, Alabama – Governor Kay Ivey and a group of Alabama industrial leaders on Friday hosted Ambassador Robert Lighthizer, the U.S. Trade Representative, at the Mercedes-Benz manufacturing complex for a high-level discussion on the Trump Administration’s trade and economic growth policies. Ambassador Lighthizer shared details about the Administration’s trade goals and heard from the Alabama…
Alabama earns Top 10 rankings in ‘Site Selection’ 2019 Governor’s Cups
MONTGOMERY, Alabama – Alabama’s economic development successes in 2019 earned the state a pair of Top 10 rankings in “Site Selection” magazine’s annual Governor’s Cups analysis. Alabama ranked No. 6 among the states in projects per capita, a measurement that places smaller states on a more level playing field in the “Site Selection” analysis. The…
Borbet to invest $24 million in Auburn expansion, creating 25 jobs
AUBURN, Alabama – Manufacturer Borbet Alabama announced plans Tuesday to expand its Auburn operation with a $23.9 million project that will create 25 jobs over the next two years. The Germany-based company was founded in 1881 as a family-run business and has become a leading European manufacturer of light metal alloy wheels for the automotive industry.…
Alabama team kicks off SEUS Japan 42 amid rising Japanese investment
Alabama Commerce Secretary Greg Canfield is leading a delegation of state business leaders at an international conference in Savannah, Georgia, that seeks to amplify the longstanding economic and cultural ties between seven Southeastern states and Japan. The 42nd annual joint meeting of the Southeast U.S.-Japan and the Japan-Southeast associations, known as SEUS Japan 42, officially…
Daikin plans $195 million expansion at Decatur plant with 50 new jobs
DECATUR, Alabama – Daikin America Inc., marking its 25th year of operation in Alabama, plans to invest up to $195 million to add new capabilities at its Decatur production facility. The expansion will result in the addition of 50 new full-time positions over the next few years. Daikin said the expansion project will add polymer…