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Alabama Economic News

Alabama to Open European Office to Advance Economic Development

By Brent Wilson on August 27, 2019

Governor Kay Ivey announced today that the Alabama Department of Commerce has opened a business development office in Stuttgart, Germany, to enhance the state’s strategic efforts to attract European companies considering job-creating investments in…

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Vuteq to Create 200 Jobs at Huntsville Plant

By Brent Wilson on August 21, 2019

Governor Kay Ivey on Wednesday announced that global automotive supplier Vuteq USA plans to invest more than $60 million to open a manufacturing facility to serve the Mazda Toyota Manufacturing U.S.A. (MTMUS) auto assembly…

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Madison County Receives Highest Credit Rating Upgrade Ever

By Brent Wilson on August 16, 2019

Madison County Commission Chairman Dale W. Strong announced today Madison County, Alabama has received an upgrade in its credit rating from Moody’s Investors Service (Moody’s) resulting in the best – and highest – credit…

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Governor Ivey Announces YKTA Investment In Huntsville

Gov. Ivey: Auto Supplier YKTA to Create 650 Jobs at Huntsville Plant

By Brent Wilson on May 22, 2019

Governor Kay Ivey was in Huntsville today to announce auto supplier Y-tec Keylex Toyotetsu Alabama (YKTA) plans to invest $220 million to open a manufacturing facility that will create 650 jobs.

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Governor Kay Ivey delivers remarks at the Annual Tourism Economic Impact Report Press Conference on Monday, May 20, 2019, at Old Alabama Town. 
(Governor's Office, Sydney A. Foster)

Governor Ivey Announces Alabama Tourism Growth of $1.2 Billion

By Brent Wilson on May 21, 2019

Tourism is booming in Alabama according to Governor Kay Ivey.

In a press release yesterday, Ivey announced record growth and that one million more people visited Alabama in 2018 than ever before.

Those tourists…

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