Recent Announcements
Read about our exciting growth.
Alabama’s economy is riding a wave of historic momentum, with signs of success in every corner of our state. Innovative developments, high-quality jobs and transformative investments are ushering in an extraordinary era of prosperity as new companies move in and existing ones expand. This growth is the result of a strategic economic development plan and the hard work of a team that is focused on keeping Alabama at the forefront of a competitive global economy.
Latest Project Announcements News
Italian auto industry supplier Vulcaflex picks Auburn for first North American facility
MONTGOMERY, Alabama – Vulcaflex S.p.A, an Italian manufacturer of synthetic leathers used in the automotive industry, is opening its first U.S. facility in Auburn.
June 18, 2026
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What are you waiting for?
Our Recruitment and Retention office is ready to help you navigate the process of expanding or starting your business in our state—from start to finish.
Why Alabama?
You can make it here in Alabama.
Alabama is a state of makers, builders and doers. So, whatever you make or build, you can do it in Alabama. We’re a launching point for aerospace, aviation and defense. A leader in automotive production. A home for startups, technology and research breakthroughs. And drawing on our manufacturing roots, we’re helping to usher in the industrial evolution in America.
Quality of Life
There’s more to life in Alabama than just work. Here, you’ll find a low cost of living with a high-value life. Living in Alabama means stepping into a world of new, daily adventures. From beaches and national forests to world-class universities and legendary sports, living here is as sweet as it gets.
Business Climate
Alabama is built for business. Centrally located in the fast-growing American South, our state combines a competitive environment with a pro-business mindset. Whether you’re investing, launching, relocating or expanding, you will find the momentum you need to thrive.
Tax Incentives & Grants
Alabama’s business approach offers global companies incentives, tax benefits, a skilled workforce, ideal site locations and excellent real estate options. Our state’s low taxes, affordable utilities and reasonable cost of living help you boost profits and ensure your dollars go further.
Workforce
Alabama’s workforce is a major attraction for businesses worldwide. AIDT, our state’s nation-leading workforce development agency, has powered giants like Mercedes-Benz and Airbus. By pairing workforce training with strong university pipelines, we deliver a skilled workforce ready for every industry.
Site Search
Your next big move starts on Southern ground. With Alabama’s diverse inventory of prepared sites and available quality buildings, our state is ready to welcome your next project. Whatever you require, we have the space and infrastructure to get you operational—fast.
Contact a Project Manager
Our Business Development Division seeks corporate investors, promotes global expansion for local companies and collaborates with stakeholders to accelerate statewide growth. Connect with a project manager today to see how your new or expanding company could thrive in Alabama.