5 Alabama companies claim ‘Trade Excellence Awards’ for export success
MONTGOMERY, Alabama — Governor Kay Ivey today honored five Alabama companies for their accomplishments in selling products in markets around the world and contributing to the robust exporting activities that are sparking economic growth at home. Governor Ivey presented leaders of the companies with a 2024 Governor’s Trade Excellence Award at a ceremony this morning…
Alabama exports soar to record total in 2023, topping $27 billion
MONTGOMERY, Alabama — Governor Kay Ivey announced today that Alabama companies exported goods and services worth over $27.4 billion in 2023, setting a new annual record for the second consecutive year and underscoring the resilience of the state’s economy. The value of last year’s exports rose 6% from the previous year’s total of $25.5 billion,…
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, giving small businesses an opportunity to connect with government trade officials from both sides of the Atlantic. The day-long event allows leaders from small businesses to engage directly with government officials from the…
Alabama delegation seeks closer Canada ties at SEUS-CP
Commerce Secretary Greg Canfield is leading an Alabama delegation traveling to Canada for next week’s business meeting of the Southeastern United States-Canadian Provinces Alliance (SEUS-CP), a partnership that seeks to expand commercial opportunities and broaden cultural exchange. This year’s annual conference is being held in the port city of St. John’s, the capital of Newfoundland…
Rising Alabama exports put 2022 on course for record year
Alabama exports are bouncing back from global trade frictions and disruptions caused by the COVID-19 pandemic, which combined to interrupt years of momentum that lifted overseas shipments of Alabama-made goods. While full-year results are not yet available for 2022, trade data show that Alabama exports approached $23.4 billion in value through November — a figure…
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…
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…
