News Summary In response to excessive rainfall between May 1 and June 30, 2025, the U.S. Small Business Administration has activated the Economic Injury Disaster
News Summary Fifth Third Bank plans to establish a new branch in Vestavia Hills, Alabama, by 2026, as part of a larger strategy to open
News Summary GE Aerospace has announced a $73 million investment in Alabama as part of a broader $1 billion initiative across the U.S. The funding
News Summary Alabama business and economic development leaders gathered in Washington D.C. to collaborate with Congressional representatives on investment strategies and workforce expansion. U.S. Senator
News Summary Goldman Sachs has introduced a $100 million initiative to support rural small businesses in Alabama. Announced at a Birmingham event, this program extends
News Summary In WalletHub’s 2025 rankings, Orlando, Florida has been recognized as the top U.S. city for launching new businesses, with Tampa and Austin following
News Summary Great Southern Wood has appointed Mark Callender as the new president and CEO, effective October 1. He succeeds founder Jimmy Rane, who will
News Summary Russell Brands LLC has announced the closure of its distribution operations in Alexander City, Alabama, effective September 29, 2025. This decision will result
News Summary Owens Corning has announced plans to establish a new shingle manufacturing facility in Prattville, Alabama, investing approximately $325 million. This project aims to
News Summary Birmingham and Tuscaloosa have emerged as leaders in small business growth, outpacing larger cities, according to a new analysis. The report reveals significant
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