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economic development

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
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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
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December 24, 2019

Condoleezza Rice visited the state

Dr. Condoleezza Rice visited Alabama last week as part of the state’s Bicentennial events on December 13 and 14 in Montgomery. Dr. Rice also was a guest of the Westminster Presbyterian Church USA and the Alabama School of Fine Arts at the Dorothy Jemison Day Theater in Birmingham on December 12. Dr. Rice served as … Continued
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December 20, 2019

State unemployment rate drops to new low

Alabama Department of Labor Secretary Fitzgerald Washington announced last week that Alabama reached a new record low unemployment rate in October. Alabama’s preliminary, seasonally adjusted October unemployment rate is just 2.8 percent, down from September’s rate of 3.0 percent, and well below October 2018’s rate of 3.8 percent. “More than 80,000 Alabamians are working today … Continued
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November 22, 2019

Hyundai to build the Santa Cruz in Montgomery adding 200 jobs

Wednesday, Alabama Governor Kay Ivey (R) announced that Hyundai would add another product line at its Montgomery assembly plant. The Hyundai Santa Cruz will now also be built in Montgomery. The decision means 200 more jobs at the Montgomery plant. Governor Kay Ivey joined Hyundai executives and local leaders to announce that Hyundai plans to … Continued
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November 14, 2019

Marshall Space Flight Center expands collaboration with UA on in-space manufacturing

NASA’s Marshall Space Flight Center in Huntsville is expanding its partnership with the University of Alabama to collaborate on advanced and in-space manufacturing. In-space manufacturing is a priority in the space agency’s efforts to take American astronauts back to the Moon and beyond. Marshall Director Jody Singer and UA President Stuart Bell signed a memorandum … Continued
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November 14, 2019

First summit on rural workforce development held in Livingston

Friday, November 1 Alabama Power and Alabama Commission on Higher Education collaborated for first Alabama Summit on Rural Workforce Development, which was held on the campus of the University of West Alabama, Organizers hoped that the event will advance economic, workforce and rural development across Alabama. Hundreds of economic and workforce development professionals packed the … Continued
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November 11, 2019