Economic Development

2+ day, 13+ hour ago   (603+ words) Coca-Cola UNITED is preparing to open its new $330 million Birmingham headquarters, bringing hundreds of employees together at an enormous campus in the city where the company got its start more than 120 years ago. The new corporate headquarters and sales center…...

6+ day, 15+ hour ago   (313+ words) More than 4,000 attendees, speakers and exhibitors gathered in Montgomery for the 2026 Department of the Air Force Information Technology & Cyberpower Conference, giving Montgomery TechLab an opportunity to showcase the city’s growing technology and defense ecosystem. Over two days, Montgomery TechLab hosted…...

1+ week, 4+ day ago   (347+ words) Alabama’s largest water utility cut a $63,890,906 check Tuesday, retiring the 2024 revenue anticipation bond it inherited from the Birmingham Water Works Board. Central Alabama Water borrowed $62,715,000 in September 2024 at a 3.750% fixed rate, due September 1, 2026. The other $1,175,906 was interest. “Paying off the RAB…...

2+ week, 1+ day ago   (296+ words) Alabama is in the running for a new Carrier manufacturing plant representing nearly $434 million in investment and almost 500 jobs. Carrier Global Corp., one of the world’s largest heating, ventilation and air conditioning manufacturers, is evaluating Alabama alongside competing sites, including…...

2+ week, 1+ day ago   (273+ words) TUSCALOOSA, ALA. — Chicago-based JLL Income Property Trust has acquired Midtown Village, a 345,000-square-foot shopping center located near the University of Alabama campus in Tuscaloosa, for $94 million. The seller requested anonymity. Built in 2007, Midtown Village consists of eight single-story buildings across…...

2+ week, 3+ day ago   (398+ words) TVA’s new data center rate is designed to protect North Alabama households and businesses from absorbing the costs of rapidly growing electricity demand from artificial intelligence and large-scale computing facilities. The Tennessee Valley Authority Board approved changes to its wholesale…...

3+ week, 2+ day ago   (276+ words) NASA, which employs thousands of people in the Huntsville area through the Marshall Space Flight Center, was named Alabama's best employer in Forbes magazine's annual report on the best companies to work for across the U.S. Efforts to reach representatives for…...

3+ week, 1+ day ago   (360+ words) On Aug. 18, the Montgomery ISD board of trustees adopted the fiscal year 2026-27 tax rate, which is lower than the previous tax rate. The reason behind this decision was to pay back Montgomery residents for their recent support and investments, said…...

3+ week, 5+ day ago   (199+ words) MONTGOMERY, Ala., Aug. 18, 2026 /PRNewswire/ -- LivAway Suites, one of the nation's fastest growing economy extended stay brands, has broken ground on its first hotel in Alabama, marking the company's entry into the state and another milestone in its continued expansion across…...

3+ week, 4+ day ago   (516+ words) A Pell City company that helped build UAB St. Vincent’s St. Clair is now putting $250,000 toward the hospital’s future. Goodgame Company Inc. made the contribution through Alabama’s Rural Hospital Investment Program, joining Metro Bank to bring the hospital’s private contributions…...