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News / Economy / State

Business Facilities Magazine ranks Alabama No. 4 for business climate

Alabama received high rankings for its workforce development programs and auto manufacturing strength in a new report from Business Facilities magazine, which also picked Birmingham and Huntsville as top cities for business climate. This is the 16th installment of Business Facilities’ Annual State and Metro Rankings Report. The magazine ranked Birmingham/Hoover as the No. 1 … Continued
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August 14, 2020

HomTex switches to making face masks in Alabama

Due to the coronavirus crisis, HomTex Inc., a Cullman based manufacturer of bed liners and other items, has shifted its focus to making cotton face masks for businesses and individuals. The family owned company also plans a major investment at its facilities in Cullman County to manufacture the pleated, 3-ply surgical masks used in hospitals … Continued
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April 29, 2020

Alabama automakers contribute to COVID-19 fight

Alabama’s automakers are doing what they can to help fight the coronavirus global pandemic. Toyota’s engine plant in Huntsville engine is producing 7,500 protective face shields for local hospitals. The plant has donated 160 safety glasses to local hospitals. Toyota has also made a $25,000 to the United Way of Madison County to support COVID-19 … Continued
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April 6, 2020

Etowah County receives funding to improve industrial mega-site

In December, the Renewal of Alabama Commission approved a grant application from the Etowah County Commission to further improve a thousand acre industrial mega-site. The Etowah County Commission owns and is developing a thousand acre site on I-59 between Attalla and Steele. The Commission and the state hopes to lure a major employer or employers … Continued
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January 28, 2020

Ivey attends grand opening of Grand River Technology Park

Thursday, Alabama Governor Kay Ivey (R) attended the groundbreaking of the Grand River Technology Park adjacent to the Barber Motorsports Park along the vital I-20 corridor connecting Birmingham with Atlanta. “This is an exciting day and thank you all for coming here to celebrate the groundbreaking of Grand River Technology Park,” Gov. Ivey said. “Many … Continued
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October 25, 2019

Plastics plant to be built in Auburn

Alabama Governor Kay Ivey (R) announced that ID Plastics LP, which manufactures a variety of technical plastic products, will invest $9.8 million to open its first U.S. operation in Auburn. “Our continued efforts and partnerships with local communities have led to another great manufacturer coming to Alabama,” Governor Ivey said. “ID Plastics’ decision to select … Continued
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October 18, 2019

State of the art sawmill opens in Henry County

Alabama Gov. Kay Ivey attended the official opening of Abbeville Fiber LLC, a state-of-the-art sawmill that will employ 115 people in Henry County once the facility is fully staffed. The $40 million investment is the largest economic development project in the county’s history, with $40 million invested to date. “What I have seen here today … Continued
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September 3, 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