Alabama firms seek foothold with Latin America trade mission
Latin America is the latest target for Alabama trade leaders seeking growth markets for state businesses. Representatives of a dozen companies are participating in a trade mission this week that started Sunday in Mexico and continues Wednesday in Chile. It’s being held in conjunction with the U.S. Commercial Service’s Trade Winds program, which includes regional…
Alabama trade team finds opportunities in Spain, Morocco
Spain and Morocco put out the welcome mat this week for Alabama business leaders, who visited the countries in an effort to strengthen trade ties. The 16-member state delegation is nearing the end of the trade mission, which kicked off in Spain with business-to-business meetings, networking opportunities and visits to several companies with a major…
Huntsville high-tech startup RadioBro opens Germany office
HUNTSVILLE, Alabama – RadioBro Corp., a start-up firm that makes miniature electronics systems for airplanes and spacecraft, has opened an office in Bremen, Germany, as it targets connections in the European aerospace industry. Brothers Mark, Eric and Daniel Becnel founded RadioBro in Huntsville in March 2014. The firm’s products include MiniSatCom, a lightweight spacecraft radio,…
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…
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…
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.…
Alabama 2015 exports hover near record amid global struggles
MONTGOMERY, Alabama – Despite headwinds in global markets, Alabama exports in 2015 held steady at near-record levels on growing overseas shipments of products such as transportation equipment, primary metals and machinery. Figures from the U.S. Department of Commerce show that Alabama exports totaled $19.37 billion last year, just below the all-time record of $19.58 billion…
Business Facilities names Alabama ‘State of the Year’ for 2015
Business Facilities magazine said today it has selected Alabama as its 2015 “State of the Year” after landing a string of coveted economic development projects from Polaris Industries, Google and other companies. This is the first time Alabama has claimed the site-selection publication’s highest award. Business Facilities singled out Alabama’s successful recruitment of Polaris’ $127…
SEUS Japan: Leaders vow to build on close economic, cultural ties
BIRMINGHAM, Alabama – Leaders from Japan and seven Southeastern states pledged today to continue building on a longlasting partnership that has stimulated two-way trade and investment while creating nearly 140,000 jobs across the Southeast. Expanding the close economic and cultural ties between the region and the Asian nation was a central message from today’s sessions…
