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Economy

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

UAB research study: combining e-commerce, salespeople can improve business to business profitability

Businesses produce goods and services to sell to consumers. Businesses are also consumers of goods and services. According to a new study by UAB’s School of Business in the Journal of Marketing Research, in business-to-business sales, a customer-salesperson relationship complements online channels, generating greater sales and net profits. The University of Alabama at Birmingham study … Continued
June 17, 2019

Merrill expands online business filing to include domestic, foreign limited liability partnerships

Alabama Secretary of State John Merrill expanded online business filing services to include domestic and foreign limited liability partnerships on Monday. “The online service is offered statewide and is designed to eliminate the red tape that too often slows down business development in our state,” Merrill said. “Now, Alabamians can register or update their business … Continued
June 11, 2019