— Greg Canfield, Secretary,
The Alabama Department of Commerce is the state’s lead economic development agency. In addition to business development activities, Commerce promotes exporting and international opportunities for Alabama companies, assists small businesses and houses the state’s primary workforce development program, AIDT.
HudsonAlpha is a life science business campus accelerating new therapeutics, medical devices, diagnostics and other innovations to the marketplace by co-locating genomic R&D, workforce training, startups and established bioscience enterprises. Today, 1000+ people work on campus, which is home to more than 45 biotech companies and the Institute’s non-profit genomic research laboratories.
TOP BUSINESS FACILITIES RANKINGS: ALABAMA
|#3 Customized Workforce Training||2023 State Rankings|
|Top 10 Automotive||2023 State Rankings|
|Top 10 Manufacturing Jobs (% of workforce)||2023 State Rankings|
|Top 10 Manufacturing Output (% of GDP)||2023 State Rankings|
|Top 10 Best Aerospace/Defense||2023 State Rankings|
|#2 Housing Growth (Mid-Sized Cities): Mobile||2023 Metro Rankings|
|Top 5 Manufacturing Hubs (Small): Tuscaloosa||2023 Metro Rankings|
|Top 10 Manufacturing Hubs (Mid-Sized): Mobile||2023 Metro Rankings|
|Top 10 Most Affordable (Mid-Sized; Over 50K Pop.): Mobile||2023 Metro Rankings|
|Top 10 Top Performing Container Ports: Port of Mobile||2023 Metro Rankings|
Hyundai will invest $290M to upgrade its Montgomery assembly plant; Shinhwa Auto USA will spend $114M to expand its Auburn manufacturing operation.
Trendco USA will launch a medical glove manufacturing operation at REAL Park in Macon County, AL, creating more than 290 jobs.
Core Industries will build a new wood pellet processing and storage facility at its port facility in Mobile County, Alabama.
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Business Facilities 2023 State Rankings reveal Business Climate, Workforce Training, Tech Talent leaders. Plus, the electric vehicle industry drives new growth.
The new advanced manufacturing facility in Alabama will create 250 direct professional, technical, and skilled manufacturing jobs.
Home to some of the biggest names in the auto industry, Alabama has introduced “The Game Plan” to support economic development.