Alabama small businesses can seek SBA COVID-19 disaster loans
MONTGOMERY, Alabama — Governor Kay Ivey announced today that small businesses across Alabama negatively impacted by the coronavirus pandemic are eligible for assistance under the U.S. Small Business Administration’s Economic Injury Disaster Loan (EIDL) program. The SBA program will help qualified businesses and non-profit organizations recover from economic losses tied to the abrupt downturn triggered…
Alabama earns Top 10 rankings in ‘Site Selection’ 2019 Governor’s Cups
MONTGOMERY, Alabama – Alabama’s economic development successes in 2019 earned the state a pair of Top 10 rankings in “Site Selection” magazine’s annual Governor’s Cups analysis. Alabama ranked No. 6 among the states in projects per capita, a measurement that places smaller states on a more level playing field in the “Site Selection” analysis. The…
Alabama film industry set for blockbuster year after record 2019
The cameras are rolling on a golden period for film activity in Alabama, which is generating a record level of production expenditures while creating jobs and elevating the state’s profile in the industry. The Alabama Film Office reported the 20 approved film and TV productions that qualified for state incentives in 2019 spent nearly $72…
Exports of Alabama-made autos, aerospace parts rise in tough trade year
MONTGOMERY, Alabama – Despite ongoing disruptions in global trade relationships, Alabama’s exports of goods and services totaled $20.7 billion in 2019 as overseas shipments of motor vehicles, auto parts and aerospace products continued to show strength. The value of Alabama exports last year declined 3 percent from 2018’s total and fell just 4.6 percent shy…
Growing Alabama Credit fuels improvements at Etowah County mega-site
GADSDEN, Alabama – Plans are under way for a $2.7-million site-improvement project for the Little Canoe Creek Mega-Site funded through the state’s Growing Alabama Credit program. The Etowah County Commission’s application was approved by the Renewal of Alabama Commission in December, and funding has been secured through a Norfolk Southern Corp. donation. The project will…
Sec. Canfield to attend signing of historic trade deal with China
Alabama Commerce Secretary Greg Canfield will attend the ceremonial signing of the Phase 1 trade deal between the United States and China at the White House in Washington, D.C., on Wednesday. President Donald Trump will sign an 86-page agreement with Chinese Vice Premier Liu He that includes a commitment by China that it will make…
6 trends fueling Alabama’s economic growth in 2020 and beyond
Alabama’s economy is humming on all cylinders as a new decade begins, with job rolls swelling to record numbers and an ultra-low unemployment rate as major industries expand their operations in the state. While the foundations are firmly in place for more growth, there are some trends unfolding across Alabama that are poised to add…
Mazda Toyota Manufacturing set to launch hiring of production team
HUNTSVILLE, Alabama – Mazda Toyota Manufacturing USA (MTMUS) is set to begin the hiring process for the production team at its $1.6 billion auto assembly plant in Huntsville on Monday, Jan. 13. MTMUS is getting an assist from AIDT, Alabama’s primary workforce development agency, in what will surely become one of the largest ongoing hiring…
Homegrown treats sweeten the 2019 Made in Alabama Holiday Gift Guide
Whether you live far away or down the street from Mom and Dad, there’s nothing that creates the warm feelings of the holidays quite like a taste of home. Alabama-made food and beverages have long been popular Christmas gifts. And these days, tried and true favorites share shelf space with newer flavors. “Alabama’s makers are…
2019 Made in Alabama Holiday Gift Guide showcases craftmanship
From the roads to the skies, the products created by the skilled hands of Alabama workers are in high demand in markets around the world. But the state’s automotive, aerospace and other manufacturing industries don’t have the corner on craftsmanship. In communities across the Tennessee Valley down to the Gulf Coast, there are painters, forgers,…
