Skip to content

Economy

DC BLOX holds grand opening

Thursday, DC BLOX, a multi-tenant data center provider delivering the infrastructure and connectivity essential to power today’s digital business, announces the opening of its fourth center facility in Birmingham. “We live in a digital age, and the world is not standing still. DC BLOX’s new data center is certainly a welcome addition to the Birmingham … Continued
/
July 12, 2019

Introduction: Impact of climate change on Alabama

Professor James McClintock knows that some might never believe the science behind climate change, which shows that fossil fuel use is causing dramatic changes in our weather.  But McClintock, a professor of polar and marine biology at the University of Alabama at Birmingham who has spent decades researching sea life and how climate change affects … Continued
/
July 9, 2019

ADECA asks for public input: Opportunity Zones, state tax incentives

On Wednesday, Gov. Kay Ivey encouraged Alabamians to respond to the Alabama Department of Economic and Community Affairs’ request for public input regarding low-income areas where investors can receive federal tax incentives to invest their unrealized capital gains into the community. These areas are called Opportunity Zones, and they were created as a consequence of … Continued
/
July 4, 2019

Ben E Keith Foods invests in Coffee County

Wednesday, Ben E. Keith Foods announced plans to build a 425,000 square foot foodservice distribution center in New Brockton, Alabama, located in Coffee County. Alabama Gov. Kay Ivey announced the news on social media. “Big News Coffee County—@BenEKeithFoods is investing $100 million to open an advanced foodservice distribution center in New Brockton, creating 80 jobs!” … Continued
/
July 2, 2019

Ivey announces new Ben E. Keith distribution center

Food and beverage distribution company Ben E. Keith is investing $100 million to open a new distribution center in the town of New Brockton, Gov. Kay Ivey announced on Wednesday. New Brockton is a small town of 1,100 in Coffee County, the southeast corner of Alabama. The project is expected to create 80 jobs in … Continued
/
June 27, 2019

Three Alabama economic development projects selected for publication’s top awards

Trade and Industry Development, a leading publication dedicated to site selection for business, named three Alabama projects as winners of its top 2019 economic development awards. The Alabama projects were among a total of 30 projects across the nation awarded the magazine’s 2019 Corporate Impact/Community Impact (CiCi) Awards. These CiCi Awards follow an active year … Continued
/
June 26, 2019

Alabama reaches record low of 3.7 percent unemployment

Record numbers of Alabamians are in the labor force. According to the Alabama Department of Labor’s May 2019 economic data, Alabama’s unemployment rate from May is 3.7 percent, down from April’s rate of 3.8 percent and lower than May 2018’s rate of 4.1 percent. May’s 3.7 percent unemployment rate ties with March and February 2019’s … Continued
/
June 24, 2019

Merrill reports three consecutive years of same-day business filings

Friday marked three consecutive years of same-day business filings by the Alabama Secretary of State’s Office. “Today, we have reached a great milestone in modernizing the business filings process for all corporate filings,” said Secretary John Merrill. “When I took office Jan. 19, 2015, the business filing process where corporations were recorded took up to … Continued
/
June 24, 2019

Ivey leads delegation to Europe for business mission

Gov. Kay Ivey is leading a delegation to next week’s 2019 Paris Air Show to meet with high-ranking aerospace industry executives. Ivey will also travel to Germany to meet with executives from Mercedes-Benz. “At the Paris Air Show, I want decision-makers in the aerospace industry to know one thing: The ideal location for new investment … Continued
/
June 17, 2019

Alabama receives Gold Shovel Award for economic development efforts

Thursday, Alabama Governor Kay Ivey (R) announced that Area Development, a national business publication, has selected Alabama for its Gold Shovel Award, recognizing the state’s economic development success in 2018. “Companies from all over the world have discovered that Alabama offers the competitive advantages they need to succeed, particularly when it comes to assembling dedicated, … Continued
/
June 17, 2019