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Economy

Wood pellet factory announced in Demopolis

Friday, it was announced that a $100 million wood pellet factory will be built in Demopolis. The plant will be located on the Tombigbee River so that the pellets can be loaded into barges and shipped to the state Port of Mobile for export. Tuscaloosa-based Westervelt is partnering with Canadian Pinnacle Renewable Energy to build … Continued
December 30, 2019

Retail sales people, registered nurses most sought after employees

Data collected and analyzed by the Alabama Department of Labor’s Labor Market Information (LMI) Division shows that the most online wanted ads were for retail sales people, registered nurses and customer service representatives with 6,878 ads placed for those occupations in November. Total ads are up 12.9 percent over the year. Help Wanted Online (HWOL) … Continued
December 30, 2019

Alabama hits record low unemployment rate of 2.7 percent

Friday, Alabama Department of Labor Secretary Fitzgerald Washington announced that, for the seventh month in a row, Alabama has reached a new record low unemployment rate. Alabama’s preliminary, seasonally adjusted November unemployment rate was a shockingly low 2.7 percent, down from October’s previous record rate of 2.8 percent, and well below November 2018’s rate of … Continued
December 24, 2019

Secretary Merrill warns of misleading letter circulating through business community

Secretary of State John H. Merrill warns the business community of a misleading letter from the “AL Certificate Service” being circulated across the state. After receiving numerous constituency concerns related to the authenticity of this group sending out “Certificate of Existence” request forms, Secretary Merrill cautions business owners to be wary of information sent by … Continued
December 20, 2019

Alabama Power’s Nick Sellers named CEO of World Games 2021

The World Games 2021 board of directors recently announced that Nick Sellers has been appointed the organization’s new chief executive officer. Sellers has served in a variety of leadership positions over the last 16 years with Alabama Power and Southern Company. He is currently vice president of the Mobile Division at Alabama Power. His previous … Continued
December 13, 2019

Small Business Commission holds listening session in Guntersville

Monday, the Alabama Small Business Commission held the first of four listening sessions with small business owners across the state ahead of the 2020 legislative session. Lieutenant Governor Will Ainsworth (R) said that the public meetings and the surveys that participants fill out helps the Commission know what the concerns of the small business owners … Continued
December 4, 2019

Ivey proclaims Small Business Saturday

Alabama Gov. Kay Ivey signed a proclamation Monday to formally declare Nov. 30, 2019, as Small Business Saturday in the state of Alabama. This special designation by the governor is intended to celebrate and support small businesses and the impact they have on communities across the state. “Small businesses continue to serve as the backbone … Continued
November 26, 2019

Alabama Power’s solar fee challenged in PSC hearing

Thursday, the Alabama Public Service Commission held a formal hearing to consider a complaint by the Southern Environmental Law Center, on behalf of the environmental activist group, GASP and two other parties, demanding that the PSC abolish an Alabama Power Company charge on customers with solar panels that use Alabama Power as a backup service. … Continued
November 22, 2019