Economy

Hyundai to add first all-electric Genesis GV70, Santa Fe hybrid to Alabama production

Hyundai plans to invest $300 million and create 200 jobs at its only U.S. manufacturing center.

April 14, 2022

Hyundai’s Montgomery plant expanding, adding hybrid electric models

The $300 million expansion will create 200 jobs, according to a press release.

Eddie Burkhalter

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April 13, 2022

Inflation overtakes labor quality as top business problem for small businesses

Thirty-one percent of owners reported that inflation was the single most important problem in their business.

April 13, 2022

Report: All 25 Black Belt counties are among 35 counties with the highest poverty

Alabama’s average poverty rate is 17.6 percent. The Black Belt’s average is 24 percent.

Eddie Burkhalter

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March 29, 2022

Report: Alabama among states with most workers earning less than $15 an hour

Raising the federal minimum wage to $15 an hour would benefit 896,551 workers in Alabama, according to the report.

Eddie Burkhalter

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March 23, 2022

Double digit containment volume growth continues at the Port of Mobile

Containers rose 33.0 percent, refrigerated containers rose 80.9 percent, and rail intermodal transfers rose 148.2 percent.

March 17, 2022

Niagara Bottling plans Alabama production facility, creating 50 jobs in Opelika

The bottling plant, located in the Northeast Opelika Industrial Park along Interstate 85, will create 50 jobs initially.

March 17, 2022

Alabama’s January unemployment rate holds steady at 3.1 percent

Alabama’s preliminary, seasonally adjusted January unemployment rate is 3.1 percent, unchanged from December 2021’s rate.

March 15, 2022

BELLA+CANVAS plans high-tech, fabric-cutting facility in Wetumpka

Gov. Kay Ivey said the advanced fabric-cutting facility is expected to create over 550 jobs in Wetumpka.

March 11, 2022