Rise to the Moment of Truth Monday, June 24, 2024

Tag: ECONOMIC DEVELOPMENT

Sitedevelopment Alabama News
State of Alabama to begin accepting applications for another $30 million in site development funding

The State of Alabama will begin accepting applications for another round of $30 million in site assessment and development grants this summer.

Sitedevelopment Alabama News
State Industrial Development Authority approves $30 million for 29 sites

The State Industrial Development Authority approved over $30 million in grants under the new Site Evaluation and Economic Development Strategy Act to increase the development of industry-ready sites across Alabama on Monday.

Sitedevelopment Alabama News
State of Alabama receives 34 requests for $40 million in new site development funding

The State of Alabama received 34 applications from local economic development authorities for funding for industrial site development in their communities.

New construction shot Alabama News
State of Alabama begins accepting applications for $40 million in site development funding

The State of Alabama began accepting applications on Monday from local economic development authorities to request funding for industrial site development in their communities.

Gov Kay Ivey Alabama News
Ivey says Mobile airport, bridge project both on track; Hopes to continue improving state's education

Governor Kay Ivey addressed the Mobile Chamber of Commerce Tuesday morning to speak on economic development, transportation and education.

Dothancitycouncil Alabama News
Dothan approves $500k for ‘Project Cinnamon' economic development project

Members of the Dothan City Commission approved $500,000 for a new economic development project called “Project Cinnamon” on Tuesday morning.

help wanted jobs Alabama News
Alabama ranked 42nd in CNBC’s Top States for Business 2023

Alabama was ranked 42nd in the nation in a survey of state’s business friendliness released by CNBC this week.

Kay Ivey Alabama News
Ivey introduces incentives package to increase spending, extend Alabama Jobs Act through 2028

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.

GROUND BREAKING Alabama News
Alabama attracted over $10 billion in capital investments in 2022; Baldwin County leads the race

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.

Ivey groundbreaking Alabama News
Alabama middle of the pack in region for capital project arrivals in 2022

Alabama finished in the middle of the pack of its region for the number of substantial business projects started in 2022.

I Stock 1298151204 Alabama News
Republican, Democratic legislators back Jobs Act economic incentives cap increase, extension

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.

Oxford West Industrial Park Alabama News
Wellborn Cabinets touts Oxford expansion: 'Georgia made us a very competitive offer — but Alabama is our home'

Wellborn Cabinets announces plans for $17 million plant in Oxford. The new facility will create 414 new jobs in the Talladega Calhoun County area.

Medical Marijuana by Richard T Alabama News
Marijuana company promises jobs to the people of Henagar

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.

Shinhwa new factory 2 Alabama News
Auto Supplier Shinhwa is investing $78 million in a second Auburn facility, creating 42 jobs

“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.

File 4c6ee691 8468 4005 9b5d 66b00a043c33 Alabama News
Ivey touts 'robust economy' during economic development luncheon

Alabama Gov. Kay Ivey (R), who is running for re-election this year, told the state’s economic developers that under her leadership,...

File 263715a8 c90a 40b1 bd98 a99148e479ec Alabama News
Amazon adds four new operational sites in Alabama

By Brandon Moseley Amazon.com Inc. will open three new operations facilities in Alabama and will open a new fulfillment center that...