Business — Page 41

Lieutenant Governor Will Ainsworth addressed the Business Council of Alabama on Tuesday, covering a wide range of policy lifts identified as top priorities across state government.  He offered insight into the latest advancements in workforce development, education and training, childcare, support for small businesses and military families, as well as stewardship of the state’s strong […]

Yellowhammer News hosted its sixth annual Women of Impact Awards event last month at the Florentine in Birmingham to honor 20 of Alabama’s most influential women across government, business and nonprofit sectors in tribute to the extraordinary impact they’ve made on the state and its people.  The award recognizes women in Alabama who have earned […]

Alabama Governor Kay Ivey announced the creation a task force to recommend policies and promote responsible use of of Generative Artificial Intelligence (GenAI) in state government and executive branch agencies. “The state of Alabama is a pioneer in the development and use of advanced technologies, from manufacturing nanotechnology to empowering mankind to walk on the […]

Alabama Commerce Secretary Ellen McNair has been on the job for barely a month but is already at work on a strategic plan that will shape economic development in the state for years to come. McNair, formerly the chief economic development officer at the Montgomery Area Chamber of Commerce, took the helm at the Alabama Department of […]

Life along Decatur’s waterfront is about to get a little more busier. On Tuesday, the Alabama Port Authority announced that the River City will be the home of the authority’s third intermodal container transfer facility. The facility is in partnership with CSX Transportation and will complete rail connectivity from the intermodal facility at the Port […]

Manufacture Alabama represents hundreds of companies — from the most recognized international corporations to small, family-owned operations — all integral to the economy in Alabama and across the globe.   The group announced the election of two new members to its board of directors, including Donna Jackson from International Paper and Craig Savage from Airbus. The […]

Since 2019, Fruitdale residents have relied on their local Dollar General for convenient and affordable shopping. This year, the community came together for change because their beloved Dollar General fell short in one major category—fresh produce. Crystal Luce, Senior Director of Public Relations at Dollar General, explained why DG’s transformation of the location was so […]

Governor Kay Ivey addressed the Business Council of Alabama (BCA) this morning to outline fundamental priorities ahead of her annual State of the State address tonight as the Alabama Legislature kicks off the 2024 session. Ivey highlighted successes of 2023, including the maintenance of a historic budgetary position in both the general and and education […]

Governor Kay Ivey announced major broadband news for rural Alabama at a press conference in her hometown of Camden on Monday. Ivey revealed that a dozen entities from across the state will be receiving a portion of a massive $188,453,905 grant aimed at connecting some of the more isolated areas in Alabama with high speed, […]

In 2023, Alabama, like much of the United States, experienced what the National Association of Realtors (NAR) has labeled as, “the weakest year for existing home sales since 1995 and the biggest annual decline since 2007.” “Everyone is aware that 2023 was a rough year for real estate across the country,” said Alabama Realtors President […]

Former President Donald Trump and head of the United Auto Workers union, Shawn Fain, have exchanged words in a long conflict that is dusting up once again after Fain announced his endorsement of President Joe Biden in the 2024 presidential election. According to The Hill, “Biden campaign officials believe the president can strongly contrast his support […]

Enduring Shield: Made in Alabama, a new era in missile defense

At a Leidos facility in Huntsville, the next chapter of the U.S. Army’s warfighting capability is being written. The company announced its Enduring Shield rocket system, a ground-based technology, capable of eliminating fast-moving aerial threats, successfully cleared a critical milestone in its global delivery. Days later, members of the Leidos team who helped design, develop and build […]

Researchers at the University of Alabama in Huntsville have designed a wearable biosensor that offers a new way to measure human muscle activation to potentially prevent injuries and enhance athletic performance. The design is built around a triboelectric nanogenerator (TENG), a device that converts mechanical or thermal energy into electricity for wearable electronics, that will […]

Robins & Morton caught the Auburn spirit this week when it celebrated the topping out of the Graduate Auburn hotel. During the ceremony to celebrate installing the final steel beam, signifying the structural completion of the project, the Birmingham construction firm hosted a raptor demonstration featuring, of course, a golden eagle. “Auburn is truly one […]

The Birmingham Business Alliance (BBA) has announced that it has chosen someone familiar to the organization to take over its Vice President of Investor Relations post. Meredith Drennen, who served as the organization’s director of operations from 2009-2014, is charged with growing the BBA’s investor base and overseeing the Leadership Exchange Trip. “Investor relations is […]

On Tuesday, the Alabama Medical Cannabis Commission (AMCC) appealed a trial court order permitting unsuccessful license applicants to depose commissioners on an expedited basis. The unsuccessful applicants, now plaintiffs in civil lawsuits against the AMCC, secured an order permitting depositions of the commissioners based on their accusations that commissioners have broken the law by holding […]

In big Gulf Coast real estate news, Crye Leike Gulf Coast Real Estate & Vacation Rentals has announced that it has acquired vacation rental management company Flip Flop Vacations and Real Estate based in Gulf Shores. Crye*Leike Gulf Coast President David Stidham said that the acquisition grows his company’s inventory on the Gulf Coast by […]

The Port of Mobile’s growing economic impact on Alabama continues to multiply — with no sign of slowing down anytime soon. According to a study commissioned by the Alabama Port Authority, it generated a $98.3 billion economic impact for the state in 2023. That represents a $13 billion jump from 2022’s impact. “While our Gulf […]

Water service improvements coming to Alexander City

Major improvements are coming to downtown Alexander City’s water lines thanks to a $500,000 Community Development Block Grant, Gov. Kay Ivey announced Wednesday. The grant will be combined with additional funding from the Appalachian Regional Commission to complete the task. The goal of the updates is to provide residents and businesses in the area with […]

More than $40 million in state transportation funding has been set aside for 26 projects focused on improving Alabama’s roads and bridges, Governor Kay Ivey announced Tuesday. The projects are all slated begin in 2024. “Through the continued, steadfast implementation of the Rebuild Alabama Act, I’m proud to announce the allocation of over $40 million […]

AE Industrial Partners — an aerospace, defense and industrial services private equity firm based out of Boca Raton, Florida and its affiliate Rocket Shoals — have acquired what was formerly the site of National Steel Car with plans to reinvent the Colbert County location as an “aerospace center of excellence.” The facility, which is 2.27 […]

A mobile, on-site fuel delivery startup headquartered in Birmingham, Alabama has shown tremendous growth in several key areas over the past few years. Fuel Fox, founded by Ben Morris in 2018, offers a unique service that operates like a mobile gas station. It delivers gas directly to its members’ vehicles, which can be parked at […]

In the early 1990s and prior, Alabama’s top industry was textiles, which was evidenced by the low-wage sock mills that peppered the state along with larger facilities making blue jeans, athletic wear, and other apparel items. But in 1993, Mercedes shocked the world and launched a transformation that continues to benefit our state today when […]

What was once a condemned, otherwise vacant eyesore of a building at the corner of Wynn Drive and Bradford is now a unique and vibrant educational facility that has quickly become a source of pride among city and state movers and shakers. The Alabama School for Cyber, Technology, and Engineering drew dignitaries, luminaries and a […]