Nicole Jones

News / Economy / State

State of the art sawmill opens in Henry County

Alabama Gov. Kay Ivey attended the official opening of Abbeville Fiber LLC, a state-of-the-art sawmill that will employ 115 people in Henry County once the facility is fully staffed. The $40 million investment is the largest economic development project in the county’s history, with $40 million invested to date. “What I have seen here today … Continued

Brandon Moseley

September 3, 2019

Ivey attends DaikyoNishikawa U.S. groundbreaking in Huntsville

Alabama Gov. Kay Ivey was in Limestone County Thursday, inside the city limits of Huntsville, for the groundbreaking of the new DaikyoNishikawa U.S. auto parts plant. “I’m proud to welcome another great Japanese company, DaikyoNishikawa, to Sweet Home Alabama, and I know that together we will build a lasting partnership,” Ivey said. “Today marks another … Continued

Brandon Moseley

August 23, 2019

21st Century Moon lander team will be headquartered at Marshall Space Flight Center

NASA announced Friday that the space agency’s U.S Marshall Flight Center in Huntsville will act as the headquarters for the Human Landing System Program. NASA made the announcement in Huntsville on Friday, in the shadow of the Space Launch System rocket test stand at Marshall. Congressman Mo Brooks, R-Huntsville, joined NASA Administrator Jim Bridenstine for … Continued

Brandon Moseley

August 19, 2019

United Launch Alliance selected as rocket maker to launch the Dream Chaser

Sierra Nevada Corporation announced Wednesday that it has selected United Launch Alliance as the launch vehicle provider for the Dream Chaser spacecraft’s six NASA missions to the International Space Station. The Dream Chaser will launch aboard ULA’s Vulcan Centaur rockets for its cargo resupply and return services to the space station, starting in 2021. “Dream … Continued

Brandon Moseley

August 19, 2019

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

Torch Technologies is on the Inc. 5000 list for the 13th year in a row

Inc. Magazine announced Wednesday that Torch Technologies, a 100 percent employee-owned technology services and solutions company headquartered in Huntsville, is No. 4,200 on its annual Inc. 5000 list. The Inc. 5000 list is a prestigious ranking of the nation’s fastest-growing private companies. Torch is the only Huntsville-based company that has been on the list for … Continued

Brandon Moseley

August 15, 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

Economic developers examine prison situation

On Wednesday, July 24, the Economic Development Association of Alabama, Alabama Department of Corrections and Alabama Department of Pardons and Paroles hosted an Alternative Workforce Seminar in Elmore County. The day-long professional development opportunity highlighted opportunities for the business community to work with individuals exiting the Department of Corrections or within the Department of Pardons … Continued

Brandon Moseley

July 31, 2019

Alabama ranked No. 3 in business climate

Thursday, Business Facilities magazine, which focuses on economic development, ranked Alabama as number three in the country for business climate. The magazine used a new analysis that evaluated a range of key economic categories. Alabama earned the No. 3 spot in the magazine’s climate ranking. The state earned high marks for workforce training, manufacturing employment … Continued

Brandon Moseley

July 30, 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