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Business

Alabama gets high rankings in publication’s ‘Top States for Doing Business’ report

Alabama has once again demonstrated its commitment to fostering a thriving business environment, earning a No. 8 ranking in Area Development’s 2024 “Top States for...

Alabama secures SBA grant to boost small business exports

The U.S. Small Business Administration (SBA) announced today that it has awarded $20 million in State Trade Expansion Program (STEP) grants to 43 state...

Toyota Alabama reaches major milestone with 10 millionth engine produced

The Rocket City has been called the economic engine of North Alabama. One of the industries that helps power that engine is, coincidentally, the auto...

State Auditor Sorrell: Crypto is everybody’s future

Recently, I had the pleasure of attending a Coinbase-sponsored Town Hall at Prevail Coffee in Montgomery. It was an eye-opening event where industry experts,...

Parts maker ILJIN to invest $100M in Auburn operation, creating 160 jobs

Governor Kay Ivey announced today that ILJIN, a leading automotive and industrial bearings and chassis manufacturer, is investing nearly $100 million in a new...

Britt, Tuberville file legislation holding Mexico accountable for unlawful seizure of Alabama company’s property

U.S. Sens. Katie Britt (R-Montgomery) and Tommy Tuberville (R-Auburn) joined a bipartisan group of senators Monday in putting forward legislation authored by U.S. Sen....

Blue Cross and Blue Shield of Alabama pledges $3.6 million to UAB for health care scholarships to help address health disparities

The University of Alabama at Birmingham has received a $3.6 million pledge from Blue Cross and Blue Shield of Alabama. The donation will support scholarships for...

Celebrating America’s professional truck drivers, Alabama’s heroes of the road

As Chairman of the Board for the Alabama Trucking Association, I ask all Alabamians to join me in recognizing the incredible contributions of our...

Nearly $42 million in broadband expansion projects awarded to 23 Alabama counties

In the latest act of Alabama's years-long broadband expansion effort, Governor Kay Ivey announced an almost $42 million Capital Projects Fund grant to be...

Regions Foundation awards grant fostering workforce development in Birmingham

The Regions Foundation has awarded a $150,000 grant to the nonprofit organization STRIVE Birmingham. The group supports education and workforce development opportunities in the...

Austal USA in Mobile awarded $450 million contract to support U.S. Navy submarine programs

According to the Mobile Chamber and the company, Austal USA has been awarded a $450 million contract by General Dynamics Electric Boat to expand...

7 Things: Trump almost assassinated again, Alabama Republicans react; Britt/Tuberville call for an end to special Haitian migration to Alabama; and more …

7. Caroleene Dobson, the Republican nominee for Alabama’s Second Congressional District, unveiled her first campaign television commercial Friday, focusing on economic issues like high...

New businesses coming to Montgomery’s Old Cloverdale neighborhood

Montgomery's Old Cloverdale area is about to have fresh appeal thanks to a handful of businesses planning on moving into the neighborhood. Charlie Colvin, President...

Corporate Realty rebrands as CR Endeavors with expanded focus, regional growth

Corporate Realty, along with its affiliated companies Home Communities and Healthcare Resources, announced a major rebranding to unite all entities under a new name:...

American Banker ranks Regions’ reputation among Top 20 banks nationwide

Even with all the technology, the latest features on your Regions Mobile Banking app, and all the other services to help you manage and...

Alabama celebrates truckers during National Truck Driver Appreciation Week

National Truck Driver Appreciation Week will honor the 3.5 million professional truck drivers across the country from September 15-21. The week is meant to recognize...

Goldman Sachs expands its $100 million investment in rural small businesses to Alabama

Goldman Sachs is expanding its $100 million investment initiative for rural communities, the 10,000 Small Businesses program, to Alabama. At an event last week...

Study: Alabama’s commercial construction industry fueled $17.2 billion boom, supported 200,000 jobs in one year

Alabama’s commercial construction industry contributed $17.2 billion to the state’s economy in 2021, supported 200,000 full-time jobs and generated over $600 million in state...

Builders Supply Co. kicks off $10.6 million expansion project in DeKalb County

The Alabama Department of Commerce and Builders Supply Co. announced today that the family-owned company plans to invest $10.6 million in a new manufacturing...

Uniti Fiber to build 200-mile fiber network connecting Montgomery and Mobile

In a move to connect data centers in two of Alabama's largest cities, Uniti Fiber announced plans to build a new 200-mile-long fiber network...

Toni Eberhart: Entrepreneurship in North Alabama is taking great strides

Huntsville’s economy – and, therefore, much of North Alabama – has long been tied to federal government institutions, especially major facilities of the US...

Site Selection recognizes Alabama Power as a Top Utility in Economic Development

Site Selection magazine has once again honored Alabama Power as a Top Utility in Economic Development, recognizing the company’s diverse and extensive economic development efforts. In 2023, Alabama...

Alabama-based Southeast Gas named one of nation’s top utilities

Southeast Gas, a natural gas utility based in Andalusia, was named one of the top 20 utilities in the country by Site Selection Magazine...

League of Southeastern Credit Unions expand into Virginia with new strategic partnerships

The League of Southeastern Credit Unions & Affiliates (LSCU & Affiliates) and the Virginia Credit Union League (VACUL) signed a letter of intent to...