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Economy

Brenda Tuck chosen as Alabama’s first rural development manager

On Monday, Department of Commerce Secretary Greg Canfield announced that Brenda Tuck has been hired as Alabama’s first rural development manager to assist rural communities in better competing for job-creating projects. Tuck has experience working on economic development in Alabama. She previously served as Regional Workforce Liaison for the Department of Commerce’s Workforce Development Division … Continued
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August 8, 2019

Jones calls economy “fragile”

Monday U.S. Senator Doug Jones told a townhall audience in Hamilton that he is concerned about the economy. Jones acknowledged that the economy was doing strong, but warned that it ‘fragile.” Jones said that it is not a good sign that the Federal Reserve lowered interest rates. “That have detected some weakness in the economy,” … Continued
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August 7, 2019

Regions joins group focused on diversity and inclusion

Regions Bank recently announced that the Fortune 500 company has joined a list of corporations and universities that pledge to promote diversity and inclusion in the workplace.  Birmingham-based Regions in June became the first financial institution in Alabama to join with the coalition CEO Action for Diversity and Inclusion, which runs the program.  Regions president … Continued
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July 30, 2019

Alabama ranked No. 3 in business climate

Thursday, Business Facilities magazine, which focuses on economic development, ranked Alabama as number three in the country for business climate. The magazine used a new analysis that evaluated a range of key economic categories. Alabama earned the No. 3 spot in the magazine’s climate ranking. The state earned high marks for workforce training, manufacturing employment … Continued
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July 30, 2019

Gerhardi opens auto parts plant in Montgomery

German auto supplier Gerhardi Inc. opened its first U.S. manufacturing facility in Montgomery Tuesday. The $41.6 million plant will employ up to 235 people. Gerhardi Managing Director Rienhard Hoffman said the company is excited to launch operations at the state-of-the-art injection molding, electroplating and assembly plant in Alabama’s capital city. “Montgomery has proven itself as … Continued
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July 12, 2019