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Pinnacle Renewable Energy gets Alabama’s Job Act incentives

Pinnacle Renewable Energy on Tuesday announced that its subsidiary, Alabama Pellets, has signed an agreement with the state of Alabama that provides Alabama Pellets with incentives for job creation under Alabama’s Job Act Incentives program. Canada’s Pinnacle holds a 70 percent interest in Alabama Pellets with The Westervelt Company and Two Rivers Lumber Co., LLC … Continued
July 17, 2020

Ivey to host bill signing ceremony

Alabama Gov. Kay Ivey will host a ceremonial bill signing of legislation that passed during the 2019 Regular Session on Thursday. Eight bills will be signed by the governor at a ceremony in the historic Senate Chambers. House Bill 380 – This bill makes significant changes to the operation and membership of the Alabama Board … Continued
June 6, 2019

Legislature passes the Alabama Incentives Modernization Act

The State Senate approved the Alabama Incentives Modernization Act Wednesday to modernize Alabama’s incentives to take advantage of federal opportunity zones, recruit businesses to rural counties and attract technology companies to the state. The bill was sponsored by State Rep. Bill Poole, R-Tuscaloosa. The bill was carried in the Senate by Majority Leader Greg Reed, … Continued
May 31, 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

Shipt Announces Over 800 new Jobs in the Birmingham Area

Thursday, Alabama Governor Kay Ivey (R) joined executives of Shipt, the same-day delivery marketplace, and local officials to announce that the company plans to grow the state’s technology industry by creating more than 800 new jobs in Birmingham over the next several years. “By simplifying life with innovative technology for personalized grocery delivery, Shipt is … Continued
July 13, 2018

Propane Autogas Answers Workshop allows experts to share clean, green story

As gas prices remain unstable, investing in alternative-fuel vehicles makes great economic sense – especially for managers who must meet budgets to manage large fleets. On July 18, advocates and leaders in the field will gather at the Bessemer campus of Lawson State Community College to share strategies and success stories. The 2018 Propane “Autogas … Continued
July 11, 2018

Biofuels are still an important component of our energy mix

During the last 15 years, biofuels have been a hot topic in the energy production world. You could hardly turn on the television or radio without hearing about the latest research and benefits of biofuels, which can be produced from agricultural and forest residues and dedicated energy crops. In fact, to help encourage the development … Continued
June 14, 2018

Unknown and unbridled by law: Economic developers set to make millions off tax incentives

A new law establishing a class of individuals known as economic development professionals opens the door for profit-driven incentives paid with taxpayer funds to vaguely described, unknown agents not registered or held accountable to state law. There are many reasons to suspect that House Bill 317 is filled with loopholes not yet fully understood by … Continued
April 2, 2018

Senate committee gives favorable report to economic developer bill HB317

The Senate Fiscal Responsibility and Economic Development Committee gave a favorable report to a much-amended version of House Bill 317 after a lengthy discussion. House Bill 317 is sponsored by state Rep. Ken Johnson, R-Moulton, and is being carried by Senate Pro Tem Del Marsh, R-Anniston, in the Senate. The Fiscal Responsibility and Economic Development … Continued
March 22, 2018