Business — Page 67

APM Terminals Mobile to expand rail facility

APM Terminals Mobile is expanding its rail infrastructure to meet the demand for increased supply chain gateway options and inland rail logistics by building a rail facility. The expansion includes additional tracks, railyard storage space, and improved access from the berth at the Mobile location. These additions and improved accessibility will promote productivity and safety, […]

Dr. Daniel Sutter: Stakeholders and cooperation

From the Business Roundtable to the World Economic Forum to leading business schools, many voices promote replacing corporations governed by stockholders with “stakeholder” capitalism. Laws empowering stakeholders might disrupt the social cooperation of corporations. The cutthroat world of business seems decidedly uncooperative. But businesses enable voluntary cooperation between people trying to improve their lives. Never […]

Selma broadband project nearing completion

The project in Selma entailed installation of approximately 50 miles of fiber connected to more than 1,000 power poles.

Rey and Cynthia Almodovar honored in Huntsville

The Distinguished Service Award is the highest honor the Chamber bestows to a volunteer in the Huntsville/Madison County community.

Auto supplier selects Tuskegee for first U.S. plant

A major South Korean automotive supplier plans to invest $128 million to open its first U.S. factory in Alabama, Gov. Kay Ivey announced. Samkee Corp.’s project will create 170 jobs in Tuskegee and provide an economic boost for Macon County. “Today’s announcement is another major step in Tuskegee’s progression as a city,” Tuskegee Mayor Tony […]

Tuberville advocates for rural broadband

Senator Tommy Tuberville is part of a bipartisan and bicameral group of legislators that want to ensure rural areas have reliable access to broadband.

Ivey touts 'record breaking success' in exports

Today in Montgomery, Governor Kay Ivey heralded Alabama's newly set annual record of export sales.

'Most impactful' Sloss Tech returns to Birmingham

After a three-year absence due to the pandemic, Sloss Tech is back bigger and better, TechBirmingham and Telegraph Creative announced. Downtown Birmingham’s historic Lyric Theatre will serve as the conference hub for the June 9 event. There will also be activities and breakout sessions around town, including the Sidewalk Film Center and Cinema. After four […]

Freedom real estate offers 'Freedom to Succeed'

Freedom Real Estate provides local market expertise in the business of long-term ownership and management of commercial real estate.

Dr. Daniel Sutter: Rent control again?

The Biden Administration is exploring imposing rent control nationwide via executive order. This is yet another questionable policy measure by our governments. Despite the joke, “if you line up all economists end to end, they still wouldn’t reach a conclusion,” economists largely agree on the effects of rent control, minimum wages, and student debt cancellation. […]

Vehicles drive growth for Alabama’s export machine

Alabama-built vehicles are blazing a trail in the global economy, ranking as the state’s top export product, landing in 73 foreign countries.

Trade missions uncover export opportunities for Alabama companies

For Alabama-based manufacturer Sealing Equipment Products Co., or SEPCO, selling its products in markets around the world has become a core element of business.

Adtran’s next-gen fiber access platform quickens broadband rollouts

Adtran, a Huntsville-based provider of next-generation multi-gigabit fiber solutions, has launched its next generation networking solution.

Robert La Branche has been named vice president of external affairs at the U.S. Space & Rocket Center in Huntsville.

Rising Alabama exports put 2022 on course for record year

While full-year results are not yet available, trade data show that Alabama exports in 2022 already eclipses the state record set in 2017.

Governor Kay Ivey announced today that Resicum International LLC plans to open an aviation training academy at Craig Field in Selma.

The U.S. Air Force awarded Boeing a contract worth up to $1.6 billion over 16 years which is supported at the Boeing Huntsville site.

Alabama Economic and Real Estate Report released

A statewide report referred to as the Alabama Economic and Real Estate Report is now available from Alabama Association of REALTORS

State economy predicted to shrink slightly

Alabama’s economy will likely contract in 2023, but just barely, according to researchers at the University of Alabama. Persistent inflation, labor shortages, lingering supply chain bottlenecks and international effects from the war in Ukraine will continue to drag national and state economic growth, according to the annual economic forecast from the Center for Business and Economic Research […]

Alabama’s economy will likely contract in 2023, but just barely, according to researchers at The University of Alabama.

Innovation Fund supports growth of ‘cancer companion’ app developer

A promising Birmingham startup that aims to help cancer patients and their families has received support from the Alabama Innovation Fund.

Resicum to open aviation training academy in Selma

Resicum International LLC, a company that provides flight training and maintenance support to government, commercial and general aviation customers will be opening an aviation training academy.

Ivey: Additional broadband funds coming to Alabama

Alabama’s efforts to extend access to broadband service to unserved areas received a boost Thursday when the U.S. Treasury Department approved the state’s plan for the Capital Projects Fund. The approval makes $191.8 million available for broadband expansion, Gov. Kay Ivey announced. The Alabama Department of Economic and Community Affairs will administer the funds for […]

Online job ads up 3.9% over year ago

You’ve seen the “Help Wanted” signs on just about every business around the state and on social media platforms. According to the Alabama Department of Labor’s Labor Market Information Division, you weren’t seeing things. As of December 2022, the yearly comparison of online job ads is 101,036, up 3.9% from December 2021, the division said. […]