Economic Development

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.

Report: UAB had $12.1 billion economic impact in 2022

The University of Alabama at Birmingham had a $12 .1 billion economic impact on Alabama in 2022, a 41% increase from $7.15 billion in 2016 and a 163% increase from $7.15 billion in 2008.

Bronze Valley and Gener8tor launch national accelerator for diverse-founded startups

The accelerator focuses on founders from backgrounds that historically have been excluded from access to capital.

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