News
Game-changing Alabama projects claim investment awards
MONTGOMERY, Alabama – A national trade publication selected three 2015 Alabama economic development projects, valued at a combined $2 billion, for its elite investment awards, reflecting the powerful impact of these collaborative recruitment efforts. Editors at Trade & Industry Development magazine evaluated hundreds of projects from across the U.S. before selecting the 30 winners of…
Farm to plate: Alabama agriculture industry looks to grow
Alabama’s agriculture industry leaders are exploring new methods and markets to extend the reach of the state’s farmers. Agriculture, forestry and related industries have a $70.4 billion economic impact in Alabama and are responsible for more than 580,000 jobs. Products from farms and forests represent key categories in Accelerate Alabama, the state’s strategic development growth…
Alabama trade team finds opportunities in Spain, Morocco
Spain and Morocco put out the welcome mat this week for Alabama business leaders, who visited the countries in an effort to strengthen trade ties. The 16-member state delegation is nearing the end of the trade mission, which kicked off in Spain with business-to-business meetings, networking opportunities and visits to several companies with a major…
Huntsville high-tech startup RadioBro opens Germany office
HUNTSVILLE, Alabama – RadioBro Corp., a start-up firm that makes miniature electronics systems for airplanes and spacecraft, has opened an office in Bremen, Germany, as it targets connections in the European aerospace industry. Brothers Mark, Eric and Daniel Becnel founded RadioBro in Huntsville in March 2014. The firm’s products include MiniSatCom, a lightweight spacecraft radio,…
Mobile Chamber signs trade memo as gateway to Morocco
CASABLANCA, Morocco – The Mobile Area Chamber of Commerce this morning signed a memorandum of understanding with the American Chamber of Commerce in Morocco calling for the organizations to promote trade and build mutually beneficial business connections. The development comes on the third day of an Alabama trade and business development mission that began in Spain…
Alabama trade mission targets opportunities in Spain, Morocco
Business leaders from across Alabama will be in Europe and Africa next week, seeking new markets for their state-made goods and services. Alabama Department of Commerce Secretary Greg Canfield is leading a trade and business development mission to Spain and Morocco that kicks off today with the group’s departure. The 16-member delegation is made up…
First Alabama-made Airbus aircraft shows off JetBlue colors
MOBILE, Alabama — The first Alabama-made Airbus A321 is sporting JetBlue colors. Airbus said today that painting of its maiden U.S.-built passenger jet has been completed in its paintshop at the company’s new, $600 million facility at Mobile Aeroplex. The aircraft emerged wearing JetBlue livery. “This latest milestone shows that the first aircraft to be…
Canadian auto supplier Kobay Enstel plans Alabama factory
OXFORD, Alabama — Canadian automotive supplier Kobay Enstel announced plans today to create at least 75 jobs over three years at a new facility in Calhoun County. The Calhoun County Economic Development Council said Kobay Enstel, which stamps metal parts for auto seats, is leasing a 60,000-square-foot speculative building on McIntosh Road in Oxford under…
Golden State Foods launches $63 million Alabama project
OPELIKA, Alabama – California-based Golden State Foods Corp. has launched construction of a $63 million state-of-the-art meat processing facility in Alabama, expanding its investment in the project announced a year ago. Company leaders joined state and local officials this morning at a groundbreaking ceremony for the new 165,000-square-foot facility in the Northeast Opelika Industrial Park.…
Alabama 2016 export awards go to 8 companies
MONTGOMERY, Alabama — Eight Alabama companies are being honored today with a Governor’s Trade Excellence Award for their successful exporting strategies. Across the state, companies large and small are involved in shipping their products to overseas customers. This year’s roster of award winners offers a glimpse of the wide ranging Alabama-made lineup, from high-tech satellite…