Economic Development

Legislative incentive package launched by governor

Gov. Kay Ivey’s The Game Plan renews Jobs Act and Growing Alabama program, adds to incentives offered by state.

Economic Development projects in Alabama set record in 2022

Economic development in Alabama generated more than $10 billion in new capital investment in 2022, setting a record.

Spotlight on Coffee, Dale & Geneva: Economic Engines

Aviation, agriculture, automotive suppliers and healthcare anchor these three Wiregrass counties' economies.

Alabama’s foreign direct investment increases by 11.8% from 2015 to 2020

Alabama has 116,900 workers employed by international companies, with 57% of those jobs being in manufacturing.

Magneco/Metrel comes to Gadsden

The refractory products company is investing $5 million and bringing 30 jobs to the city.

Spotlight on Shelby County: Economic Engines

Tourism, health care, technology, manufacturing and distribution are all key sectors to Shelby County's economy.

Alabama’s community colleges add $6.6 billion to state economy

An economic report finds nearly 100,000 jobs and $1.1 billion in tax revenue.

Samkee to build $128 million factory in Tuskegee

Samkee Corp., a South Korean automotive supplier, will invest $128 million to open its first U.S. factory in Tuskegee.

Commerce park opens in Moody

The 172-acre park, being developed by Graham & Co. and Capstone Real Estate Investments, is designed for manufacturers, distributors and headquarters.

Deloitte conducting bioscience industry study for Birmingham

A comprehensive bioscience industry study for the Greater Birmingham Region will be conducted by Deloitte Consulting.

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