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News / Economy / State

2019 foreign direct investment announcements already promise 3,300 new jobs

The Alabama Department of Commerce announced Friday that the state has already received promises of 3,300 new jobs from foreign direct investment in the state. This is following a record-breaking 2018 when companies from 16 different countries launched projects promising to create more than 7,500 new jobs. So far in 2019, FDI projects approaching $1 … Continued

Brandon Moseley

August 19, 2019

Sweet Grown Alabama is new branding initiative to boost Alabama-grown foods

Alabama Commissioner of Agriculture and Industries Commissioner Rick Pate announced that the Department has created a new initiative for shoppers looking to buy local and support Alabama farmers. Shoppers will soon have a new way to identify locally grown products with the Sweet Grown Alabama logo. “As I travel across the state, most of the … Continued

Brandon Moseley

August 12, 2019

Opinion

If unemployment in Alabama is low, why is poverty so high?

There is a problem in Alabama. Well, actually, there are a lot of problems in Alabama, but this one problem is an encapsulation of almost all of the other problems. Right now, we are at record-low unemployment — somewhere around 3.7 percent. And you know this is true because Gov. Kay Ivey has made a … Continued

Josh Moon

July 26, 2019

Ivey announces expansion of auto parts foundry in Auburn

Alabama Gov. Kay Ivey announced this week that 2A S.p.A., a prominent Italian die-casting company, plans to invest $15 million to expand its foundry in Auburn, where it serves as a Tier 1 supplier to major producers of automobiles and heavy trucks. The expansion project at 2A USA in Auburn will create more than 50 … Continued

Brandon Moseley

July 26, 2019

State sets new record low unemployment rates, number of people working

The Alabama Department of Labor announced Friday that the state has set a new record low in unemployment rate, a new record high jobs count, a new record high employment count, a new record high labor force count and a new record low unemployment count Labor Secretary Fitzgerald Washington announced on Friday that June’s preliminary, … Continued

Brandon Moseley

July 23, 2019

Palmer and Rogers say that raising minimum wage would hurt the economy

Thursday, the U.S. House of Representatives passed controversial piece of legislation that, if passed by the Senate and signed into law by the President, would raise the minimum wage to $15 per hour. Congressmen Gary Palmer, R-Hoover and Mike Rogers, R-Saks both voted against the bill and warned that implementing such a proposal could potentially … Continued

Brandon Moseley

July 19, 2019

Ivey announces Motus will bring 90 new jobs to Gadsden

Alabama Gov. Kay Ivey announced Motus Integrated Technologies, a Tier 1 supplier of automotive interior products to the world’s automakers, will open a new factory in Gadsden. Motus is investing $15 million in its new manufacturing facility. Motus will create 90 new jobs at the facility, which will manufacture interior automotive parts and headliners. “Motus … Continued

Brandon Moseley

July 18, 2019

Gerhardi opens auto parts plant in Montgomery

German auto supplier Gerhardi Inc. opened its first U.S. manufacturing facility in Montgomery Tuesday. The $41.6 million plant will employ up to 235 people. Gerhardi Managing Director Rienhard Hoffman said the company is excited to launch operations at the state-of-the-art injection molding, electroplating and assembly plant in Alabama’s capital city. “Montgomery has proven itself as … Continued

Brandon Moseley

July 12, 2019

McClendon says Trump’s Fourth of July celebration was great

President Donald Trump has been heavily criticized by his political opponents and by some media outlets for everything from his North Korea policy to his trade policy to the role that his daughter, Ivanka Trump Kushner, plays in the administration. The president’s many critics even criticized his decision to include a handful of tanks in … Continued

Brandon Moseley

July 8, 2019

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

Brandon Moseley

July 2, 2019