Business — Page 71
The Business Council of Alabama’s (BCA) upcoming Evening for Progress event in Birmingham will honor the service of U.S. Sen. Richard Shelby (R-Tuscaloosa), who is set to retire after serving more than four decades in Congress. Alabama native and U.S. Senate Minority Leader Mitch McConnell (R-Ky.) will feature as the event’s special guest. Shelby is […]
An economic development project at a defunct coal mine in southeastern Walker County will spark growth opportunities throughout the area, according to local and state officials. A ground-breaking ceremony was held for Heritage Landing, a 50-acre, multi-purpose development site that will have the capacity to house retail, commercial and industrial tenants. The property, which sits […]
Auburn University is one of the best places to work in the state of Alabama, according to Forbes magazine. The state’s premier land-grant institution was named to Forbes’ 2022 America’s Best-in-State Employers list released on Wednesday. AU advised that the list, which is now in its fourth year, was compiled through a partnership of Forbes […]
SL Alabama LLC, a Hyundai supplier owned by a South Korean automotive parts manufacturing company, has admitted to employing children at its Alexander City factory. The company’s admission, which was made in a statement to Reuters, comes on the heels of the U.S. Department of Labor (DOL) accusing the automotive parts maker of violating child […]
Boasting tough-on-crime laws and a thriving economy, Alabama is among one of the nation’s top-10 inbound states for American migration. California, plagued by crime and homelessness, is one of the nation’s top outbound states for migration. Derek Thoms, a California business owner, recently made the decision to move his family and company to Alabama, citing […]
As the nation’s fourth-largest auto-manufacturing state, Alabama’s automotive industry has a huge impact on our economy, providing tens of thousands of Alabamians with good-paying jobs. As the industry continues to evolve, it is critical that Alabama evolves with it so that we can stay competitive as a top automotive state and ensure that the next […]
Forbes has named Alabama-based AAA Cooper Transportation as one of “America’s 2022 Best Midsize Employers.” This marks the sixth consecutive year that the Dothan-headquartered truckload freight carrier has been recognized in the category. According to a release, Forbes partnered with Statista to discover which businesses are best at making their employees feel happy, inspired and […]
In 2021, Alabama landed 247 economic development projects with plans to create 10,200 direct new jobs and $7.7 billion in capital investment for communities from Huntsville to Selma, according to the 2021 New and Expanding Industries report from the Alabama Department of Commerce. The projects represent both new companies to Alabama and existing companies announcing […]
Unemployment fell to 3.5% in July, the same historically low level as February 2020. The labor market remains strong despite high inflation and a seeming impending recession. The labor market’s performance refutes a central element of Modern Monetary Theory’s (MMT) license for government spending. The unemployment rate excludes persons not seeking jobs, so economists also […]
An Auburn University research team from the College of Veterinary Medicine and the College of Agriculture recently became the first to map a high-quality genome assembly of the blue catfish. The genome, which was published in the journal GigaScience, is essential for genetic improvement using gene-editing or genome-assisted selection and will aid in the genetic enhancement of better catfish breeds for the multimillion-dollar […]
HUNTSVILLE — The role of women in the male-dominated missile defense industry “has evolved significantly,” according to Tay Fitzgerald, president of Strategic Missile Defense at Raytheon Missiles & Defense. Fitzgerald made her comments at a “Fireside Chat” luncheon during last week’s Space & Missile Defense Symposium The Women’s Business Council at the Huntsville/Madison County Chamber […]
Alabama-based Silver Ships Inc. recently delivered a 49-foot marine surveying vessel that the U.S. Army Corps of Engineers (USACE) will use to hydrographically map the mouth of the Mississippi River. Christened the Tobin, it is the largest marine surveying vessel of its series and will work out of the USACE Venice Sub Office in Venice, Louisiana. Silver Ships custom […]
The state of Alabama’s July unemployment rate held at a record low 2.6% for the month of July, according to Gov. Kay Ivey’s office. July’s unemployment rate sits nearly a full percentage point lower than that of July 2021, which was 3.4%. Also reaching a new record low is the amount of unemployed individuals, which […]
Thursday, United Launch Alliance (ULA) announced a $300 million expansion project that the rocket manufacturer will undertake at its Decatur plant. According to WHNT News 19, the 500,000-square-foot expansion was planned due to its agreement with Amazon.com to utilize ULA’s Vulcan rocket for 38 launches in a global broadband deployment mission. The first launch is […]
In 2021, Alabama landed 247 economic development projects with plans to create 10,200 direct new jobs and $7.7 billion in capital investment for communities from Huntsville to Selma, according to the 2021 New and Expanding Industries report from the Alabama Department of Commerce. The projects represent both new companies to Alabama and existing companies announcing […]
This week, the Study Commission on Renewing Incentives met at the Alabama State House to assess Alabama’s economic development competitiveness. The group was established by the Alabama Legislature in the 2022 session and is responsible for reviewing existing economic incentives and making recommendations ahead of the 2023 session. One of the specific programs the commission […]
Birmingham-based Regions Bank recently announced two financing transactions to support a transformational building initiative in Brooklyn, N.Y. The national housing nonprofit, led by HELP USA, is geared to address the holistic needs of individuals and families experiencing homelessness, according to Regions. The four-building development will occupy an entire city block along Blake Avenue in East […]
In 2021, Alabama landed 247 economic development projects with plans to create 10,200 direct new jobs and $7.7 billion in capital investment for communities from Huntsville to Selma, according to the 2021 New and Expanding Industries report from the Alabama Department of Commerce. The projects represent both new companies to Alabama and existing companies announcing […]
Canfor Southern Pine Inc. on Tuesday announced plans to develop a sawmill complex for manufacturing and processing wood products in the Mobile County town of Axis. The company’s $210 million investment in its state-of-the-art complex, which replaces its current facility in Mobile, is estimated to create around 130 jobs. In announcing the new facility, Mobile […]
HUNTSVILLE — Rain almost waterlogged NASA’s Super Guppy and prevented it from landing Wednesday at the Redstone Army Airfield. But the fat fish-shaped transport plane touched down a little after 9 a.m., delivering the Orion stage adapter test article used in several test campaigns for the Space Launch System rocket at the Marshall Space Flight Center and the […]
HUNTSVILLE — The University of Alabama in Huntsville College of Nursing has been selected by the National League of Nursing as a Center of Excellence in Nursing Education. UAH joins 15 other nursing education programs, including teaching hospitals and clinical sites, in being honored by the organization. “The faculty are committed to teaching excellence, and this award demonstrates our sustained […]
The Alabama Department of Commerce’s Office of Small Business Advocacy and the Alabama Small Business Development Center Network (ASBDC) announced the publication of “Alabama’s Answers: Starting Your Business in Alabama,” a comprehensive primer. The department describes the 16th edition of the partnership publication as an invaluable resource for entrepreneurs, with a focus on the prerequisite elements and compliance aspects for […]
HUNTSVILLE — Two incoming freshmen will be the beneficiaries of a $100,000 scholarship fund donated by Science Applications International Corp. in partnership with Alabama A&M University. They are students in A&M’s College of Engineering, Technology and Physical Sciences. Lebo Mashego said he was inspired to apply for the scholarship by his sister, an AAMU alumna. […]
DOTHAN, Alabama — Global Resources International and its Advanced Products Solutions subsidiary announced plans to add 100 workers at the APS medical manufacturing center in Dothan and to expand in the nearby community of Columbia with 10 new jobs. The growth project come less than two years after GRI announced plans for the APS facility in Dothan, […]

