The State of Alabama began accepting applications on Monday from local economic development authorities to request funding for industrial site development in their communities.
Governor Kay Ivey addressed the Mobile Chamber of Commerce Tuesday morning to speak on economic development, transportation and education.
Members of the Dothan City Commission approved $500,000 for a new economic development project called “Project Cinnamon” on Tuesday morning.
Alabama was ranked 42nd in the nation in a survey of state’s business friendliness released by CNBC this week.
MONTGOMERY — Governor Kay Ivey announced a package of incentives bills on Monday that would increase the spending cap and extend the expiration date on the Alabama Jobs Act.
The state of Alabama generated $10.1 billion in new capital investments in 2022, according to the Alabama Department of Commerce’s 2022 Alabama Economic Development Impact Report.
Alabama finished in the middle of the pack of its region for the number of substantial business projects started in 2022.
Members of the Joint Legislative Study Commission on Economic Development Incentives recommended at a meeting Monday the Legislature consider increasing the $350 million cap on Alabama Jobs Act economic development incentives and extending the sunset date of the law for another five years until July 30, 2028.
Wellborn Cabinets announces plans for $17 million plant in Oxford. The new facility will create 414 new jobs in the Talladega Calhoun County area.
Anejos Logistics wants to build a facility to grow and process medical marijuana for the state's inaugural medical marijuana program. The company hopes to bring 100 to 200 jobs to Henager in Dekalb County.
“With this expansion, Shinhwa will have invested over $190 million and created more than 185 well-paying jobs since choosing Auburn as their first U.S. location," said Gov. Kay Ivey.
Alabama Gov. Kay Ivey (R), who is running for re-election this year, told the state’s economic developers that under her leadership,...