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Sewell, Walorski announce amendment on auto tariffs

Thursday, U.S. Congresswoman Terri Sewell (D-Selma) and Jackie Walorski (R-Indiana) announced the House passage of a bipartisan amendment to the Commerce, Justice and Science funding bill calling on the Trump administration to release the Commerce Department’s Section 232 report on imported automobiles and auto parts. “It has been over four months since the Department of … Continued
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June 28, 2019

Alabama business recruitment team explores potential projects at Paris Air Show

Alabama’s business recruitment team wrapped up its efforts at the 2019 Paris Air Show Thursday, after approximately 20 appointments with high-ranking aerospace executives, along with many informal encounters with industry officials. The Alabama aerospace recruitment effort spent over three days in Paris’ Le Bourget airfield and reportedly uncovered seven potential projects. The team also advanced … Continued
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June 24, 2019

Merrill receives National Leadership award

Secretary of State John Merrill was awarded the U.S. Global Leadership Coalition’s Leading Globally Matters Locally Award Tuesday during the organization’s State Leaders Summit in Washington, D.C. The award recognizes Merrill’s efforts to support U.S. diplomacy and development programs that strengthen the Alabama economy and helps keep America safe. “I am honored to be recognized … Continued
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June 19, 2019

Alabama receives Gold Shovel Award for economic development efforts

Thursday, Alabama Governor Kay Ivey (R) announced that Area Development, a national business publication, has selected Alabama for its Gold Shovel Award, recognizing the state’s economic development success in 2018. “Companies from all over the world have discovered that Alabama offers the competitive advantages they need to succeed, particularly when it comes to assembling dedicated, … Continued
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June 17, 2019

UAB research study: combining e-commerce, salespeople can improve business to business profitability

Businesses produce goods and services to sell to consumers. Businesses are also consumers of goods and services. According to a new study by UAB’s School of Business in the Journal of Marketing Research, in business-to-business sales, a customer-salesperson relationship complements online channels, generating greater sales and net profits. The University of Alabama at Birmingham study … Continued
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June 17, 2019

Dynetics opens new manufacturing plant in Huntsville

Dynetics held a ribbon cutting ceremony last week for their new advanced manufacturing facility at their main campus in Huntsville. “I am incredibly proud of our team for having the foresight to create a facility that will be unique and adaptable to our customers’ needs. For years, we have wanted to fill a manufacturing niche … Continued
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June 4, 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
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May 31, 2019

Ivey announces YKTA will create 650 jobs at Huntsville plant

Alabama Gov. Kay Ivey (R) was in Huntsville Wednesday for a ceremony where it was announced that Y-tec Keylex Toyotestsu Alabama will create a new auto parts manufacturing plant that will create 650 new jobs. “YKT Alabama is a significant addition to the growing automotive cluster centered around the Mazda Toyota Manufacturing U.S.A. auto assembly … Continued
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May 23, 2019

Japanese automakers disappointed with Trump’s finding on auto tariffs

Japanese automakers announced Tuesday that they were disappointed that President Donald Trump concurred with a Commerce Department finding that auto imports are a national security threat. JAMA Chairman Akio Toyoda expressed his “profound disappointment” in Trump’s proclamation, which concurred with the conclusion of the Commerce Department’s Section 232 report classifying auto and auto parts imports … Continued
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May 22, 2019

Ivey announces record tourism growth in Alabama

On Monday, Gov. Kay Ivey announced record-breaking tourism statistics for 2018. The tourism industry attracted 27.7 million visitors in 2018, a million more than ever before. “We are excited our tourism industry grew by 8.5 percent in 2018, and we are proud to welcome millions of visitors to every region of our state, from the … Continued
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May 21, 2019