Business — Page 7
Alabama Commerce Secretary Ellen McNair recently applauded the significant strides being made to attract transformative investment and high-quality jobs to Alabama’s rural regions — a cornerstone of the economic development strategy for Governor Kay Ivey’s administration. The results speak for themselves. Since 2020, economic development projects landing in Alabama’s “targeted” rural counties have generated $7 […]
The degree to which the Alabama Crimson Tide and the LSU Tigers are rivals has been hotly debated over the years, especially with regards to SEC future scheduling and comparing it to games like the Iron Bowl and Third Saturday in October. When the game comes along every year though, there’s no question it has […]
A new chapter in Birmingham dining begins today as Lapeer Steak & Seafood opens its doors at The Hardwick on First Avenue South. The restaurant, led by Co-Executive Chefs Blake Hartley and Andy Long, reimagines the timeless joy of dining through the lens of a modern steak and seafood house—where prime cuts meet pristine fish and oysters, […]
The Huntsville City Council has approved a transformative new development that will bring more than 500,000 square feet of retail and restaurant space to north Huntsville. The $240 million project represents a major private investment in the city’s growing northern corridor. The City shared a social media post about the development. The development, called North […]
As the government shutdown enters its 36th day and SNAP benefits remain on hold, many Alabamians are worried about where their next meal will come from. For those in Jasper, one favorite restaurant is stepping in to help feed children in the area. Alabama Stackers announced that children will eat free at its restaurant beginning […]
Governor Kay Ivey along with state and local leaders gathered Wednesday on the banks of the Alabama River to mark a practical milestone in Alabama’s broadband buildout: the Alabama Fiber Network’s (AFN) middle-mile line has crossed the J. Lee Long Bridge on Alabama Highway 29, one of the final major spans before the statewide backbone […]
When companies decide where to invest, expand, and create jobs, they look for one thing before almost anything else: reliable, affordable energy. Whether it’s a manufacturing facility, a data center, or a high-tech startup, every modern business depends on a strong, efficient energy infrastructure. In Alabama, we’re proud of our reputation as a state that […]
According to a news release from the City of Mobile on Monday, Mayor Spiro Cheriogotis has announced a leadership team of experienced professionals and civil servants who will help lead his administration and the City of Mobile. According to the city, his inaugural cabinet strikes a balance between “continuity and fresh perspective,” featuring several leaders […]
After months of national expansion announcements, U.S. Steel has confirmed a $75 million investment in its Fairfield Tubular Operations, a move U.S. Senators Tommy Tuberville and Katie Britt agree is a big win for Alabama. “More manufacturing is coming to Sweet Home Alabama,” Tuberville (R-Auburn) wrote. “[U.S. Steel’s] massive $75 MILLION investment in Fairfield is […]
Alabama Governor Kay Ivey has awarded HudsonAlpha Institute for Biotechnology over $2 million through the Alabama Research and Development Advancement Fund to support three initiatives using biotechnology to strengthen Alabama’s agriculture and forestry sectors. Auburn University and the University of Alabama also received funding in this round. ADECA made the full list of awards available on Monday. “Researchers […]
After placing second in back-to-back years, Huntsville Botanical Garden is hoping 2025 will be the year its beloved Galaxy of Lights shines the brightest. Voting opened Monday and continues through Dec. 1 at 11:59 a.m. EST. Supporters can vote once each day to help Huntsville’s Galaxy of Lights claim the No. 1 title in time […]
Birmingham-based Protective Life Corporation has announced plans to acquire Portfolio Holding, Inc. and its subsidiaries from Abry Partners, expanding the company’s national footprint in the finance and insurance (F&I) sector. Portfolio provides reinsurance management services and F&I products for auto, RV, powersports, and marine dealers across the United States. The acquisition represents another milestone in […]
Regions Bank has launched an enhanced treasury management platform to help healthcare providers streamline payments and improve financial automation. The new Regions Healthcare Receivables Services, powered by MediStreams, are designed to accelerate transaction processing, simplify accounting workflows, and enable faster reconciliation for healthcare systems. The partnership allows healthcare organizations to integrate advanced payment automation tools […]
Homepoint, a tech-forward real estate brokerage platform enhancing transparency and efficiency in home buying and selling, has been named the winner of Alabama Launchpad’s Technology Track competition. The company received $75,000 in non-dilutive funding, meaning the investment does not require the company to give up equity or ownership shares—through the program operated by the Economic […]
On Friday, the Associated Builders and Contractors of Alabama announced its inaugural West Alabama Future Leaders in Construction (FLIC) program graduates. “FLIC represents our commitment to investing in the next generation of industry leaders,” said Tim Harrison, ABC Board Chairman and President of Harrison Construction. “These graduates are the future of Alabama’s construction workforce, and […]
Gulf Distributing Co. has officially opened its new headquarters inside the historic Press-Register building in downtown Mobile, marking a $60 million investment that combines the company’s growth with preservation of one of the city’s most recognizable landmarks. Last week, a ribbon-cutting event, hosted alongside the Mobile Chamber of Commerce, drew community, business, and industry leaders. […]
During the 47th annual Southeast U.S./Japan Association (SEUS-Japan) Joint Meeting in Tokyo, the Alabama Department of Commerce today celebrated the opening of a new business development office in Japan, marking a significant step forward in strengthening the state’s economic relationship with one of its most valued international partners. The Tokyo-based office, staffed by a team […]
Alfa Insurance and the Alabama Farmers Federation today announced the launch of renovations at their new corporate headquarters in the former Capitol Commerce Center building off I-85 in Montgomery. Alfa and Federation President Jimmy Parnell joined representatives from the city, county, Montgomery Area Chamber of Commerce and construction partners to officially kick off the project. “We are […]
Governor Kay Ivey has declared the third week of October “Alabama Woods to Goods Week” to coincide with National Forest Products Week. October 19-25, 2025, is a week-long celebration to promote the state’s forest products industry’s professionals, resources, companies, and environmental and economic impact. This year marks the fifth year Governor Ivey has declared Alabama […]
OWA Parks & Resort has appointed Ken Leone as its new property manager. Leone brings decades of experience in hospitality management, property development, and operational leadership to the growing destination. Leone, a U.S. Marine Corps veteran and senior hospitality executive, has led a number of nationally recognized developments over his career. His hiring marks what […]
Carnival Cruise Line is bringing year-round cruises back to Mobile, announcing that Carnival Valor will homeport in the Gulf Coast city beginning in May 2027. The deployment marks the first time a ship of the Conquest class will operate from Mobile, expanding cruise capacity and vacation options for Alabama travelers. Carnival Valor will begin offering […]
Alabama lobbying and strategic communications firm The Jones Group announced Lyn Stanfield has been named as partner to guide growth of its Jones strategy and consulting practice. “Lyn is an extraordinary leader with a rare blend of vision and execution,” Greg Jones, the firm’s CEO, and a mainstay on Yellowhammer News’ Power & Influence list, […]
The Economic Development Partnership of Alabama (EDPA), in coordination with the Alabama Department of Commerce and Innovate Alabama, today announced a comprehensive statewide strategy to recruit and support high- growth technology companies. The approach is organized around the principle of “Alabama Puts Founders First” and brings together new and expanded initiatives to help startups and small businesses scale in Alabama. […]
100,000 people: The number of residents in rural Northwest Alabama who will gain improved access to the information superhighway. $145 million: The investment by the Tombigbee Electric Cooperative to create the on-ramp for those residents. 4,200 miles: The number of miles of fiber installed. U.S. Rep. Robert Aderholt, Alabama House Speaker Nathaniel Ledbetter and Senate […]

