Business — Page 51

Alongside Governor Kay Ivey’s announcement this week that federal dollars are quickly headed into broadband connectivity across Alabama’s 67 counties, an interactive website was released, showing where those active projects are lighting up.  It is called Be Linked Alabama. “While the Be Linked Alabama name may be new, the State of Alabama’s efforts to expand […]

Innovate Alabama awarded more than $2.1 million to 15 small businesses Wednesday in its third round of supplemental grants. “This year, we’ve expanded our efforts to boost Alabama small businesses through the Supplemental Grant Program,” said Cynthia Crutchfield, CEO of Innovate Alabama. “Access to capital, one of Innovate Alabama’s core pillars, can make the difference […]

Alabama public affairs consultant Paul Shashy and businessman Thomas Harris have purchased Yellowhammer News and its related media affiliates. The affiliates include the YHN Radio Network; 256 Today News, which focuses on the Tennessee Valley; and Soul Grown, a lifestyle outlet that highlights and profiles the very best of Alabama. The entities will operate under […]

Medical glove company to build plant in Tuskegee

Trendco USA, a company that produces medical-grade examination gloves, will be launching a $43 million manufacturing operation in Tuskegee, Gov. Kay Ivey announced today. The Tuskegee operation will produce nitrile medical gloves to expand the domestic supply and help counter supply chain disruptions. “After considering many locations in other states, Trendco decided to locate its […]

The Space & Missile Defense Symposium launched its 26th year of hosting military and industry professionals in Huntsville, bringing together a commitment to keeping Americans safe and the cutting-edge technology that makes it possible.  Briefings from senior Department of Defense officials are held in the same building as a massive showcase floor where more than […]

Gadsden Career Center hosting hiring fair

This isn’t your father’s job fair. It’s not even your grandfather’s job fair. It’s not even a job fair. It’s a hiring fair with hundreds of jobs and dozens of employers on hand Thursday in Gadsden. The Gadsden Career Center is partnering with Gadsden Mayor Craig Ford, Gadsden City Council, the Gadsden-Etowah County Chamber of […]

Ivey seeks to better state's broadband ranking

It wasn’t great news, but it wasn’t terrible, either. Alabama ranks 24th in the country for the states with the best and worst Internet, according to Broadbandnow.com. In keeping with her pledge to push for increased broadband access across the state, Gov. Kay Ivey, along with Alabama Department of Economic and Community Affairs Director Kenneth […]

Norfolk Southern Railway’s industrial development program recently worked with economic developers in Etowah County and at the Gadsden Etowah Industrial Development Authority to develop a 1,100-acre, rail-served industrial site. The Northeast Alabama Regional Megasite is the largest tract of industrial property in North Alabama, Norfolk Southern officials said. Owned by Etowah County, the megasite is along […]

Knight elected to Alabama Power board of directors

Alabama Power has a familiar face on its board of directors. Bobbie Knight, president of Miles College, has been named to the board of the utility company. She retired from Alabama Power in 2016 after 38 years with the company. “We are pleased to welcome Bobbie back to Alabama Power and appreciate her willingness to […]

The tech-infused charm of Alabama’s smart neighborhoods

Alabama has been a part of a number of innovative initiatives over the last several years. Utilizing new technology for the improvement of homes and neighborhoods is one of these initiatives. Alabama Power now offers Smart Neighborhoods with a variety of impressive innovative features that utilize new technology to make living simultaneously more connected and […]

North Alabama coming together for childcare access

HUNTSVILLE — In Alabama and across the country, childcare is no longer just a “perk” – it’s a big factor of work performance, engagement and even attendance.  But Alabama particularly stands out in U.S. labor statistics because nearly 19% of parents missed work in 2021 due to childcare issues, a rate much higher than Georgia’s […]

Canfield: Economic development competition is fierce

Alabama Commerce Secretary Greg Canfield told the state’s economic developers that competition for new and expanding industry is fierce in the Southeast, likening it to chumming the waters for sharks, followed by a feeding frenzy. That feeding frenzy has led to deals in other states that Canfield said “don’t make sense.” Rather than getting caught […]

Poarch Band donates $1M for Thrive Alabama facility

HUNTSVILLE — One million dollars. There was an audible “wow!” from the audience Wednesday when Stephanie Bryan, tribal chair and CEO of the Poarch Band of Creek Indians, presented a $1 million check to Mary Elizabeth Marr, chief executive officer of Thrive Alabama. The presentation kicked off a capital campaign to build a Thrive healthcare […]

In its first four years, Birmingham’s Sloss Tech conference earned growing attention in technology, innovation and entrepreneurial circles in the Southeast and across the nation. Beginning in 2016, all four annual conferences sold out, with a collective attendance of about 3,000 people coming to Birmingham from 47 states to compare notes and hear from renowned […]

Report: International investment speeds job growth in Alabama

Job creation tied to international investment in Alabama has been rapidly outpacing the state’s general employment growth rate, according to a report that tracks the impact of foreign direct investment (FDI) across the U.S. The Global Business Alliance analysis says employment in Alabama tied to FDI surged 12% between 2015 and 2020, compared to overall […]

UA grad makes big bucks from Buc-ee's resale hustle

Legendary convenience and travel chain Buc-ee’s didn’t have an online store for its popular treats. Chris Koerner, a business management graduate from the University of Alabama, decided to change that. It wasn’t his first entrepreneurial move though. Since graduating from the Capstone in 2011, he’s started and sold numerous companies, including one of the first […]

Six to be inducted into Business Hall of Fame

Six executives whose business acumen ranges from finance to manufacturing to the culinary arts will be the newest inductees for the Alabama Business Hall of Fame. The induction ceremony is Nov. 9 at Haven in Birmingham. The class of 2023 members are Herman E. Bulls of McLean, Va.; Tom Hough of Atlanta; C. Phillip McWane […]

Alabama Launchpad, the state’s most active early seed funding source, has announced 11  finalists for its Cycle 2 2023 competition. The finale, which will be open to the public, is set to take place Aug. 17 in Auburn. The program is made possible through a partnership between Alabama Launchpad and Innovate Alabama. “We’re thrilled to […]

With the idea of “unlocking economic opportunity for Alabama women through the power of community partners,” the Women’s Foundation of Alabama, is set to take its grantmaking efforts statewide for the fall 2023 season. The foundation has been an engine for women’s philanthropy in the Greater Birmingham area for over two decades – granting more […]

Two state lawmakers who played a leading role in the renewal and expansion of Alabama’s economic incentives – known as the Game Plan – were honored as the Economic Development Association of Alabama’s “Legislators of the Year.” The EDAA presented Sen. Garlan Gudger (R-Cullman) and Rep. Danny Garrett (R-Trussville) with the recognition Monday during its […]

FUN is serious about broadband access

Vantage Point Solutions has been named the engineering firm of record for the Fiber Utility Network, the company announced Monday. FUN is a coalition of eight electric co-ops, their subsidiaries, and key partners who want to expand the 3,000-mile network of fiber infrastructure across Alabama. “The Fiber Utility Network has spent countless hours conceptualizing how […]

Alabama’s economy is projected to maintain its current pace throughout the third quarter of 2023, according to business leaders — inspiring new optimism on top of national cautionary trends. That assessment was outlined by the University of Alabama’s Center for Business and Economic Research (CBER) this month, citing the national economy as a lone uncertainty […]

PeopleTec named Best Workplace for Millennials

HUNTSVILLE – The winning streak began in 2019 and now, for the fifth year in a row, PeopleTec has been named a Best Workplace for Millennials in 2023. The Huntsville company was ranked No. 14 among small and medium companies and is the only Alabama-based company to appear on the list.  PeopleTec has some 200 […]

One of Alabama’s most prominent transportation and logistics companies has formed a partnership with a Florida trucking and brokerage company. Birmingham’s P&S Transportation, a subsidiary of PS Logistics, recently acquired Rinaudo’s  transportation assets in a push to expand its own logistical capabilities, particularly the freight network. “We are proud to welcome Rinaudo to the PS […]