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News / Economy / State

Business Facilities Magazine ranks Alabama No. 4 for business climate

Alabama received high rankings for its workforce development programs and auto manufacturing strength in a new report from Business Facilities magazine, which also picked Birmingham and Huntsville as top cities for business climate. This is the 16th installment of Business Facilities’ Annual State and Metro Rankings Report. The magazine ranked Birmingham/Hoover as the No. 1 … Continued
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August 14, 2020

Entrance fees to visit federal public lands are waived today

The United States Department of Interior has designated Wednesday as a fee-free day for public lands to commemorate the signing of the Great American Outdoors Act, which is aimed at addressing the historically underfunded, multi-billion-dollar deferred maintenance backlog at national parks and public lands. In celebration of this achievement, Interior Secretary David Bernhardt announced that … Continued
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August 5, 2020

Congressman Mo Brooks urges voters to choose Tommy Tuberville

Congressman Mo Brooks, R-Huntsville, last week penned a letter urging voters to support former Auburn head football coach Tommy Tuberville’s candidacy for the U.S. Senate over incumbent Sen. Doug Jones, D-Alabama. Brooks said, “Coach Tuberville supports President Trump and his immigration policies, and, just as importantly, President Trump supports Coach Tuberville.” “Have you noticed how … Continued
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August 3, 2020

GDP fell by an unprecedented 9.5 percent in second quarter

The Bureau of Economic Analysis released its advance estimate of U.S. GDP for the second quarter of 2020 reflecting the months of April, May and June dropped 9.5 percent in the second quarter, According to the BEA report, real GDP contracted at an unprecedented annualized rate of 32.9 percent. This is the largest quarterly decline … Continued
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July 31, 2020

Sen. Doug Jones argues for passage of SAME Act

Sen. Doug Jones, D-Alabama, spoke on the floor of the U.S. Senate this week in an attempt to secure passage of the States Achieve Medicaid Expansion Act, a bill that would incentivize states like Alabama to expand Medicaid by restoring 100-percent federal reimbursements for the first three years. Jones’ push to bring in additional federal … Continued
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July 31, 2020

Aldi to open new distribution center in Loxley

ALDI U.S. — the growing grocery retailer — announced that it plans to construct a new regional headquarters and distribution center in Loxley to support the company’s growing footprint along the Gulf Coast. “We are eager for ALDI to expand its presence in our state,” said Alabama Gov. Kay Ivey. “We’re proud to stand behind … Continued
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July 28, 2020

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
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July 17, 2020