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economic development

News / Economy / State

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

Randall Shedd awarded Alabama Agribusiness Council’s legislator of the year award

The Alabama Agribusiness Council awarded their legislator of the year award to State Rep. Randall Shedd, R-Cullman, at their annual conference on Monday. “I appreciate the Alabama Agribusiness Council presenting me with their ‘Legislator of the Year’ award last night at their annual conference,” Shedd said on social media. “Agribusiness is Alabama and my district’s … Continued
June 27, 2019

Byrne applauds FAA grants for two South Alabama airports

Congressman Bradley Byrne, R-Montrose, released a statement Tuesday applauding FAA’s announcement of grants to two Southwest Alabama airports. “Airports are a valuable component of our transportation infrastructure and an important economic development tool,” Byrne said. “With the improvements made possible by these grants in Foley and Mobile, our district’s infrastructure network will become stronger. I … Continued
June 27, 2019

Alabama business recruitment team explores potential projects at Paris Air Show

Alabama’s business recruitment team wrapped up its efforts at the 2019 Paris Air Show Thursday, after approximately 20 appointments with high-ranking aerospace executives, along with many informal encounters with industry officials. The Alabama aerospace recruitment effort spent over three days in Paris’ Le Bourget airfield and reportedly uncovered seven potential projects. The team also advanced … Continued
June 24, 2019

Poll: 75 percent of Alabama voters favor expansion of renewable energy

A recent statewide poll found that 75 percent of registered Alabama voters support the expansion of renewable energy in Alabama. Support for more renewable energy is consistent regardless of party affiliation, geographic location or race. When asked about the energy currently being used in Alabama, 46 percent of poll respondents said that we are not … 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

The bad bills aren’t dead yet

The end is near for the legislative session, but it’s not over yet, which means there is still time for a few more bad bills to slip through. In fact, if you’re going to slip a bad bill through, now is the time. Attention is waning. The kids are out of school and families are … Continued
May 24, 2019

Ivey announces YKTA will create 650 jobs at Huntsville plant

Alabama Gov. Kay Ivey (R) was in Huntsville Wednesday for a ceremony where it was announced that Y-tec Keylex Toyotestsu Alabama will create a new auto parts manufacturing plant that will create 650 new jobs. “YKT Alabama is a significant addition to the growing automotive cluster centered around the Mazda Toyota Manufacturing U.S.A. auto assembly … Continued
May 23, 2019

Houses passes bill intended to improve use of economic incentives

The Alabama House of Representatives passed the Alabama Incentives Modernization Act on Thursday to improve the way that the state uses economic incentives. More specifically, this bill would add new tools for the attraction and expansion of businesses in rural Alabama as well as in federally designated Opportunity Zones. It also targets attracting technology companies. … Continued
May 20, 2019

Ivey attends Hyundai engine plant grand opening

Alabama Gov. Kay Ivey joined Hyundai Motor Manufacturing Alabama LLC officials at the grand opening of its cylinder head manufacturing plant in Montgomery on Wednesday. The $388 million project has already spurred the creation of 50 jobs. The new plant in Montgomery is the third facility at HMMA to support production of more than 650,000 … Continued
May 17, 2019