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investment

Congress

Rep. Sewell secures $4 million in federal funds to address Montgomery blight

Sewell said Tuesday that the improvements will impact more than 20,000 residents and would revitalize neighborhoods.
November 1, 2023

Hyundai supplier to expand in Selma creating 60 new jobs

Seoyon E-Hwa Interior Systems, a Tier 1 automotive parts supplier to Alabama’s Hyundai assembly plant, announced plans earlier this month to invest more than $5 million to expand its operation in Dallas County. Seoyon E-Hwa will add 60 jobs to its current workforce of 436 in Selma. This will makes the company one of Dallas … Continued
March 20, 2020

DC BLOX holds grand opening

Thursday, DC BLOX, a multi-tenant data center provider delivering the infrastructure and connectivity essential to power today’s digital business, announces the opening of its fourth center facility in Birmingham. “We live in a digital age, and the world is not standing still. DC BLOX’s new data center is certainly a welcome addition to the Birmingham … Continued
July 12, 2019

Alabama sets new record with 2018 economic development projects

Alabama Gov. Kay Ivey announced Thursday that companies locating new facilities in Alabama or expanding existing operations invested $8.7 billion in growth projects during 2018, establishing a new annual record for the state. These economic development projects were outlined in the comprehensive 2018 New & Expanding Industry Report. The report predicted that these investments will … Continued
April 29, 2019

Senators Jones, Toomey introduce bill to spur main street investments

Thursday, U.S. Senators Doug Jones, D-Alabama and Pat Toomey, R-Pennsylvania, introduced bipartisan legislation that ensures restaurants and retailers can take full advantage of a 2017 tax law provision meant to spur renovations and investment. The 2017 Tax Cuts and Jobs Act made significant changes to the federal tax code, including allowing businesses to immediately write … Continued
March 18, 2019

Why Gov. Kay Ivey called a special session over the gas tax

Gov. Kay Ivey called a special session of the Alabama Legislature on Tuesday, just an hour after finishing her State of the State address and less than a full day into the Legislature’s 2019 regular session. Calling a special session within a regular session isn’t new, but special session are more commonly called during the … Continued
March 6, 2019