Business — Page 34
The forestry and forest products manufacturing industry contributes more than $36.3 billion to Alabama’s economy according to the latest IMPLAN study commissioned by the Forest Workforce Training Institute (ForestryWorks®). Jacksonville State University’s Center for Economic Development and Business Research conducted a study that showed an almost $7.4 billion increase from the previous study of $28.9 […]
The Alabama Blockchain Study Commission convened for its inaugural meeting on Tuesday, with industry leaders and regulatory officials urging a cautious approach as the state explores the potential of blockchain technology. State Sen. Greg Albritton (R-Atmore) who chairs the committee, emphasized the importance of determining Alabama’s role in regulating and utilizing blockchain technology, which underpins […]
The Medical Association of the State of Alabama and the Alabama Board of Medical Examiners announced today that applications are now being accepted for an innovative program designed to increase the number of doctors in the state. During the 2023 legislative session, state lawmakers passed the Physician Workforce Act, which is continuing to address a […]
The Alabama Port Authority and a coalition of groups native to Coastal Alabama are demanding the Mobile Baykeeper and out-of-state environmentalist group, the Center for Biological Diversity, withdraw its intent to file a lawsuit against the U.S. Army Corps of Engineers, warning that the legal action threatens the state’s largest economic driver. The lawsuit involves […]
Every day, Carter Wells is excited to come into work and watch some of the smartest people in Alabama solve some of the world’s biggest problems. It’s not exactly easy to describe the work happening at HudsonAlpha Institute for Biotechnology, a nonprofit genomics institute in Huntsville. But chances are, the work HudsonAlpha is doing is already affecting your […]
Alabama’s business recruitment team concluded a successful mission at the 2024 Farnborough International Airshow, targeting over half a dozen growth projects and gaining fresh insights into trends shaping the future of aerospace, aviation, and defense. During the airshow, Alabama’s delegation engaged in many scheduled appointments with industry executives and numerous informal discussions with aerospace company […]
Regions Bank, while Alabama based, enables businesses to succeed in international trade. A particular team at Regions has been involved in global trade for more than 100 years through its predecessor banks: Global Trade Finance. That legacy was recognized earlier this year in a historic way in receiving the U.S. Department of Commerce’s “E” Award […]
With the needs of cybersecurity and the growth of data analytics in the world of artificial intelligence, IBM and the Alabama Community College System are partnering on a certification system. IBM unveiled two IBM SkillsBuild certificates in cybersecurity and data analytics, which have been piloted and designed with the state’s community colleges. The SkillsBuild certificates […]
C Spire, a Mississippi-based telecommunications and technology company with a significant presence in Alabama, announced it will pull all of its advertising from the 2024 Olympics Games in Paris after a blasphemous representation of the Last Supper was prominently featured in the opening ceremony. C Spire, the nation’s largest privately-owned wireless carrier, has invested $500 […]
United Launch Alliance (ULA) is preparing for a busy schedule of rocket launches after completing a $300 million-plus expansion project that made its Alabama rocket factory the largest facility of its kind in the world. The growth in Decatur will allow ULA to nearly double its launch rate. “We are grateful for the partnerships that […]
Birmingham-based QuantHub was named one of the six winners of the Defense Advanced Research Projects Agency’s (DARPA) Building an Adaptive and Competitive Workforce track. The Tools Competition is a multi-million dollar funding opportunity for edtech innovation that leverages digital technology, big data, and learning science to empower adult learners by developing critical competencies necessary for […]
When Governor Kay Ivey asked me to serve as Director of the Alabama Department of Community Affairs (ADECA), she made one thing clear – a top priority of her administration is to ensure that every single Alabamian will have the ability to access high-speed internet. That is a noble goal indeed, given that in a […]
Birmingham-based Regions Bank was named as the top regional bank in the United States on J.D. Power’s newly, published 2024 U.S. Online Banking Satisfaction Study. To establish the annual rankings J.D. Power took into account the user-friendliness of Regions’ site, its visual appeal, and the resources offered to its users. It marks the fourth time […]
The U.S. House Committee on Oversight will play a pivotal role in an upcoming hearing focused on pharmacy benefit managers (PBMs). The hearing is scheduled to take place on July 23 with the three largest PBMs testifying before Congress. With Alabama U.S. Rep. Gary Palmer sitting (R-Hoover) on the committee, the hearing is being closely watched […]
On Monday night, the Lee County Commission took a significant step toward bridging the digital divide by awarding BEAM Broadband $2.9 million from its American Rescue Plan Act (ARPA) funds. This substantial funding will facilitate the expansion of high-speed fiber internet to underserved rural areas within the county. This latest award marks the second phase […]
After three decades of steering economic growth efforts in one of Alabama’s most picturesque counties, Jimmy Durham is stepping down from his position at the DeKalb County Economic Development Authority, triggering a search for a candidate to fill what many consider a dream job opportunity. Durham’s memorable career saw Fort Payne and DeKalb County recover […]
On Monday, Governor Kay Ivey announced today the Renewal of Alabama Commission allocated over $15.5 million in Growing Alabama funding to seven economic development organizations across the state to speed the development of industrial sites. The communities benefiting from this cycle of Growing Alabama funding are Auburn, Brundidge, Enterprise, Fort Payne, Greene County, Coosa County […]
Alabama’s aerospace industry is attracting new investment and expanding capabilities as companies add hundreds of jobs to produce innovative high-tech products in communities across the state. “Because of Alabama’s long history in aerospace, we readily have the expertise, the talent and the infrastructure companies need to grow,” said Angela Till, Deputy Secretary of the Alabama […]
Alabama’s annual back-to-school sales tax Holiday offers both parents and students a significant discount on necessary school supplies for the upcoming academic school year. On Tuesday, Governor Kay Ivey reminded the state that the holiday begins this Friday and will run through Sunday. “Alabama families, it’s that time of year again! With the upcoming school […]
The 19th annual back-to-school sales tax holiday is this weekend, and parents are being encouraged to take advantage of the savings. Gov. Kay Ivey said families should use the occasion to stock up on school supplies. “With the upcoming school year just around the corner, I encourage everyone to take full advantage of our Back-to-School Sales Tax Holiday,” […]
In a twist of fate, two student athletes from Auburn University emerged as champions of the SEC Network’s inaugural debut of “SEC Startup” for their AI-powered, athlete-focused company, The Digital Athlete. This series, which originally aired July 15 on SEC network, is an expansion of the Southeastern Conference’s (SEC) academic competition portfolio to showcase the […]
Alabama’s robust aerospace industry is soaring to new heights, propelled by groundbreaking projects and innovative investments that continue to add new dimensions to the sector across the state. From the production of next-generation rockets and missiles to the exploration of hypersonic technologies, there’s a lot of head-turning developments going on in the state’s aerospace sector. […]
On Thursday, it was announced that the Alabama Business Hall of Fame will honor seven business leaders who have brought lasting fame to the state of Alabama through their business contributions. This year’s inductees are Rob O. Burton of Birmingham; Raymond J. Harbert of Birmingham; Thomas A. Harris of Hope Hull; Marnix E. Heersink of […]
A delegation from Associated Builders and Contractors of Alabama joined over 400 construction and business leaders from across the nation at ABC Legislative Conference 2024 in Washington, D.C. ABC Alabama members met with Alabama’s federal delegation. They discussed reducing regulatory overreach, workforce development strategies, implementing a new market-driven visa program that addresses our legal immigration […]

