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Alabama has 300 years of coal reserves

Monday, a new academic study showed that coal has a tremendous positive impact on Alabama’s economy. M. Keivan Deravi, Ph. D., of Economic Research Services, Inc., performed the study for the Alabama Coal Association. “Currently, the coal industry in Alabama directly employs more than 3,000 people and generates $370 million in annual payroll, for an … Continued
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December 11, 2019

Alabama international exports topped $21 billion last year

While an escalating global trade war likely had an effect, the value of Alabama exports topped $21 billion in 2018. The state had increased shipments of chemicals, paper products and aerospace parts to overseas markets according to figures from the U.S. Commerce Department. State exports were hurt by ongoing U.S. trade disputes with China and … Continued
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March 12, 2019

Canfield says Trump tariffs slowed timeline on big manufacturing investments in the state

Tuesday, Alabama Commerce Secretary Greg Canfield (R) told Bloomberg’s John Lippert that the state of Alabama is seeing delays in big manufacturing investments in due to President Donald Trump’s (R) trade policies and is urging a more conciliatory approach. “We’ve seen a couple of projects that we’ve been actively working where their timeline has slipped,” … Continued
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July 5, 2018

Alabama sets new export record in 2017

By Brandon Moseley Alabama Political Reporter Alabama Gov. Kay Ivey announced on Thursday that Alabama exports reached a record $21.7 billion in 2017, powered by rising overseas shipments of products such as automobiles, aircraft components, chemicals, paper and minerals. New government trade figures show that exports of Alabama-made goods and services increased more than 6 … Continued
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February 19, 2018

Senator Shelby has concerns with Export-Import Bank

Brandon Mosley  Alabama Political Reporter Wednesday, U.S. Sen. Richard Shelby, R-Ala., voiced his strong concerns with the Export-Import Bank during a hearing to examine President Donald J Trump’s (R) six nominations to lead the bank. “I believe the Export-Import Bank is now a body rampant with corporate cronyism, corruption, and unaccountability,” Shelby said.  “Latest estimates … Continued
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November 2, 2017

Shelby Says Export-Import Bank Problems Beyond Repair

By Brandon MoseleyAlabama Political Reporter Wednesday, June 10, 2015 US Senator Richard Shelby (R-Alabama), spoke on the Senate floor in opposition to the Export-Import Bank of the United States.  Sen. Shelby said, “I believe that Ex-Im has outlived its usefulness and should be allowed to expire.” The controversial bank is currently only authorized through June … Continued
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June 11, 2015