Rising Alabama exports put 2022 on course for record year
Alabama exports are bouncing back from global trade frictions and disruptions caused by the COVID-19 pandemic, which combined to interrupt years of momentum that lifted overseas shipments of Alabama-made goods. While full-year results are not yet available for 2022, trade data show that Alabama exports approached $23.4 billion in value through November — a figure…
Trade missions uncover export opportunities for Alabama companies
For Alabama-based manufacturer Sealing Equipment Products Co., or SEPCO, selling its mechanical seals, gasketing materials, compression packing and other high-performance products in markets around the world has become a core element of its business. Today, SEPCO ships products to customers in approximately 40 different countries, and Chief Executive Officer Chris Wilder is hoping to expand…
Germany trade mission offers new possibilities for Alabama firms
Team Alabama’s first overseas trade mission in over three years successfully connected a diverse group of growth-minded state companies with counterparts in Germany, potentially setting the stage for new opportunities and partnerships. Greg Canfield, Secretary of the Alabama Department of Commerce, said the five Alabama companies on the mission operate in fields including the life…
Commerce to lead Alabama trade mission to German business hub
MONTGOMERY, Alabama — Commerce Secretary Greg Canfield is leading a delegation of Alabama business leaders on a trade mission to Germany this week, resuming the strategic trips to overseas commercial hubs that have helped state-based companies explore new markets and partnership opportunities. The journey to Munich and nearby Augsburg is the Alabama Department of Commerce’s…
German state celebrates ties to Commerce with partnership award
An organization promoting economic ties to the German state of Niedersachsen recognized the Alabama Department of Commerce as its “Outstanding Economic Development Partner of the Year” at an international trade show in Chicago. The award from Invest in Niedersachsen reflects Commerce’s strategic efforts to build close relationships with companies and business organizations throughout Europe but…
Alabama delegation to strengthen ties with Canada at SEUS-CP Alliance Conference
Commerce Secretary Greg Canfield will lead an Alabama delegation to Savannah, Georgia, for the Southeastern United States-Canadian Provinces Alliance Conference, a high-level gathering that reinforces common economic ties, expands commercial opportunities and broadens cultural exchange. SEUS-CP, as the event is known, runs Sunday through Tuesday and features networking opportunities, business-to-business meetings and panel discussions on…
Governor Ivey honors 7 Alabama companies for exporting success
MONTGOMERY, Alabama — Governor Kay Ivey today recognized seven Alabama companies for success in selling their goods and services in markets across the globe, helping to sustain robust export activities that create jobs and spark economic growth across the state. In addition, Governor Ivey recognized William Cummins, executive state director of the Alabama Small Business…
Alabama exports regain momentum with 22% increase in 2021
MONTGOMERY, Alabama — Governor Kay Ivey announced today that Alabama’s exports in 2021 surged more than 20% in value compared to the previous year, surpassing pre-pandemic levels and indicating the underlying resilience of the state’s economy. New federal government figures show that Alabama’s exports of goods and services totaled nearly $20.9 billion last year, above…
Commerce taps Christina Stimpson to lead international trade efforts
MONTGOMERY, Alabama — The Alabama Department of Commerce announced today that Christina Stimpson, an international business professional with experience in export promotion, foreign direct investment strategy and business recruitment, will take the helm of the department’s Office of International Trade later this month. Stimpson comes to Commerce from the Mobile Area Chamber of Commerce, where…
Alabama firms sign pact to team on projects in South America’s Guyana
MOBILE, Alabama – Leaders of Myer Marine Services and Hargrove Engineers + Constructors, both based in Mobile, have signed a pact with a firm in Guyana that aims to accelerate the growth of oil and gas sector in the South American nation. The memorandum of understanding between the Alabama companies Georgetown, Guyana-based GAICO Construction was…
