Commerce wins President’s ‘E’ Award for supporting Alabama exports
WASHINGTON, D.C. – U.S. Secretary of Commerce Wilbur Ross today presented the Alabama Department of Commerce with the President’s “E” Award for Export Service, the highest recognition an organization can receive for contributing to the expansion of U.S. exports. At a ceremony in the nation’s capital, Secretary Ross said the Alabama Department of Commerce has…
Alabama leaders seek to strengthen bonds at SEUS Japan 40
GREENVILLE, South Carolina – Business leaders from across Alabama are participating in an international conference that seeks to strengthen economic and cultural ties between the Southeastern U.S. and the country of Japan. The 40th Annual Joint Meeting of the Southeast U.S.-Japan & Japan-U.S. Southeast Associations, known as SEUS Japan 40, is being held in Greenville,…
Commerce leads trade mission to Australia and New Zealand
SYDNEY, Australia – Business and community leaders from across Alabama are traveling in Australia and New Zealand this week, seeking to boost exports and strengthen trade ties in the region. The 17-member delegation today kicked off a series of briefings with U.S. Commercial Service officials in Sydney, as well as appointments with area companies. Later…
World travelers: Alabama-made vehicles crisscross the globe as exports surge
From the deserts of the Middle East to urban centers across Asia and villages dotting the European countryside, vehicles made in Alabama are making a lasting impression. Exports of state-made automobiles continued to grow at an impressive rate in 2016, rising 13 percent to $7.9 billion. So far this year, the numbers are holding steady…
Recruiters to showcase Alabama craft beer at investment summit
Alabama’s craft beer boom will be showcased next week at a conference that is expected to attract investors from across the globe. State business recruiters will be working the SelectUSA Investment Summit, which promotes foreign direct investment in the U.S. During the summit, held in the Washington D.C. area, they plan to serve several varieties…
Alabama foreign investment tops $1.5 billion in 2016, creating 3,250 jobs
Businesses based in countries around the globe continue to find a welcoming home in Alabama, as the state’s foreign direct investment (FDI) reached $1.57 billion last year, driving job growth in several industries. Expansions accounted for the vast majority of the 79 FDI projects announced by companies in 17 different countries. But there were notable…
Alabama team embarks on Canada trade mission
Alabama Secretary of Commerce Greg Canfield is leading a trade mission to Canada this week that aims to build on already strong ties with the state’s strongest international trade partner. The Alabama trade and business development mission kicks off Wednesday in Montréal, then shifts to Toronto for the 10th annual Southeast U.S.-Canadian Provinces (SEUS-CP) Conference,…
Alabama exports accelerate to $20.6 billion in 2016, breaking record
Alabama exports rose to a record level in 2016, topping $20 billion for the first time on gains from overseas shipments of Alabama-made products such as transportation equipment, chemicals and paper products. Figures from the U.S. Commerce Department show that Alabama exports totaled $20.55 billion last year, an increase of 6.4 percent from 2015’s results.…
Japanese investment in Alabama fuels many industries
When it comes to Japanese investment in Alabama, auto manufacturers Honda and Toyota and their broad network of suppliers across the state immediately come to mind. But the Asian nation is behind a significant number of non-automotive companies here as well, from chemical and steel producers to pharmaceutical and life insurance firms. In all, there…
Alabama leaders seek to strengthen bonds at SEUS Japan 39
Commerce Secretary Greg Canfield will join Alabama business leaders in a delegation representing the state in Japan next week at a high-level forum that aims to strengthen cultural and economic ties. More than 30 Alabama government officials, economic development professionals and others who work in finance, manufacturing, medical technology and tourism will attend the 39th…
