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Personnel Update: Greg Canfield to join Birmingham law firm

Brandon Moseley December 12, 2023

Alabama Secretary of Commerce Greg Canfield, who is leaving his post at the end of the month, has accepted a position at Burr & Forman as their managing director of economic development. “Secretary Canfield and I have worked together for over a decade,” said Burr & Forman Partner Lee Thuston. “He knows economic development — and particularly the automotive sector — inside and out. That knowledge and his leadership will be a great benefit to our clients going forward.” Canfield will head up Burr & Furman’s economic development team. The firm currently has a team of lawyers working on economic development in five states. Canfield is not licensed to practice law and

Commerce Secretary Greg Canfield goes to Denmark in pursuit of bioscience jobs

Brandon Moseley December 4, 2023

Last week, Commerce Secretary Greg Canfield led a delegation of Alabama bioscience businesses on a trade mission to Nordic Life Sciences Days (NLSDays), the largest Scandinavian partnering conference dedicated to the life sciences industry. The Alabama team, which includes representatives from six bioscience firms, arrived in Copenhagen to attend an evening reception hosted by Alan M. Leventhal, the U.S. Ambassador to the Kingdom of Denmark. The group engaged in pre-scheduled one-on-one meetings, toured the region’s dynamic Medicon Valley life science cluster, attended presentations, and participated in networking opportunities. “Alabama’s robust bioscience industry is plugged into a sweeping range of cutting-edge fields, and we’re committed to helping foster growth in this strategically important

Greg Canfield is optimistic about rural Alabama’s long-term economic growth

Brandon Moseley November 29, 2023

On Wednesday, Alabama Department of Commerce Secretary Greg Canfield said, “Rural Alabama looks set for long-term economic growth.” Canfield is set to leave state government at the end of the month. “When I reflect on what we’ve achieved during my tenure at the Alabama Department of Commerce, one of the things I always underline is an increased emphasis on rural development,” Canfield said. “This began with the new strategies we adopted in Accelerate Alabama 2.0, the updated version of our strategic economic development plan. We took a step further in 2019 when Commerce formed its first Office of Rural Development, led by Brenda Tuck.” “Since then, we’ve been on

Personnel Update: Commerce Sec. Greg Canfield to retire, Kay Ivey appoints Ellen McNair

Brandon Moseley October 23, 2023

On Friday, Governor Kay Ivey announced that Commerce Secretary Greg Canfield will step down after 12 Years of Service. Ivey announced that she will appoint economic developer Ellen McNair to take over next year. Canfield will stay on until the end of the year. “Throughout my time as governor, we have proudly solidified Alabama as a top state for doing business, and no doubt, Greg has been a key part of that success,” Ivey said. “Together, we have secured more than $42 billion in new investments in our state, which has created 78,000 good-paying jobs,” said Governor Ivey. “Greg will go down as one of Alabama’s best economic development heads, and he will be

Greg Canfield and Gov. Kay Ivey note challenges, opportunities ahead for state economy

Alabama NewsCenter July 28, 2022

Alabama is not immune to global economic disruptions but is in a strong position to turn challenges into opportunities, according to the state’s commerce secretary. Secretary Greg Canfield said at the Economic Development Association of Alabama’s 2022 Summer Conference this week that the economic disruptions that began with the global pandemic now include worldwide inflation, a tight labor market, and ongoing supply chain issues. “Everyone is talking about disruptions again. It seems like we can’t get out of this pattern of talking about disruptions,” Canfield said. “Yes, we’re coming out of the pandemic, but now we’re facing things like the highest inflation that we’ve seen in 40 years.”

‘Rebuild Alabama’ will solidify state’s economic development gains, Greg Canfield says

Alabama NewsCenter March 11, 2019

Alabama Commerce Secretary Greg Canfield said infrastructure improvements financed by Gov. Kay Ivey’s “Rebuild Alabama” plan would help the state’s economic development team sustain momentum as it seeks to recruit high-caliber jobs and companies. “I believe we need to focus on infrastructure as a key issue in Alabama at this critical time,” Canfield said. “We have had tremendous success in bringing great companies from around the globe to the state. For these companies to thrive and expand, Alabama needs to have the best roads and bridges it can.” Alabama’s economic development team registered impressive successes in 2018. The year’s biggest prize was a $1.6 billion Mazda-Toyota joint venture assembly plant that will

CFD Research launches growth project at Test Center in Jackson County, Alabama

Alabama NewsCenter September 19, 2023

CFD Research Corp. has formally kicked off a construction project to add a new facility at its Engineering Test Center in Jackson County that will allow it to expand activities at its growing site located in Hollywood. Huntsville-based CFD Research said the new 19,000-square-foot building will support work for ongoing contracts with the Army Space and Missile Defense Command, the Air Force Arnold Engineering Development Complex, and other customers. The building will provide more than 28 additional offices, a second-high bay, a larger conference room space, and closed areas for classified meetings. The facility will expand the team’s capability to provide services, perform technology development, and enable increased test capacity. “CFD Research specializes

Trendco to build $43 million facility in Tuskegee, creating 292 jobs

Associated Press August 10, 2023

A medical equipment manufacturing company plans to invest $43 million in a plant in Alabama to produce nitrile medical gloves, Gov. Kay Ivey said Wednesday. Trendco USA, based in Columbia, South Carolina, has committed to creating 292 new jobs over the next five years at the facility in Tuskegee in the new Regional East Alabama Logistics Park off Interstate 85 in Macon County, she said. “After considering many locations in other states, Trendco decided to locate its manufacturing facility in Tuskegee, and I am confident the company made the right choice for its investment project,” Ivey said. Trendco produces medical-grade examination gloves in Louisiana through a partnership with

Alabama lawmakers set to focus on Jobs Act and economic incentives for 2023 session

Beth Cann March 17, 2023

Now that the Alabama Special Session is done and ARPA funds have been allocated, leaders can focus on the 2023 regular session that begins on Tuesday. Speaker of the House Nathaniel Ledbetter explained that the Alabama Jobs Act would be one of their first priorities. “(The Alabama Jobs Act) is going to be priority No. 1 coming back after break. I think you’ll see a big push for that,” Ledbetter stated. “They’ve been very positive for our state. We’ve seen the job growth has been tremendous because of it. We’ve looked at the numbers; we got a return on the investment of 173% over a 20-year period.” Ledbetter

Alabama legislators could extend state’s Jobs Act, remove incentives cap

Guest Author September 1, 2022

All or portions of the tax credit incentives within Alabama’s seven-year-old Jobs Act could be extended through 2028 with a higher cap on payouts, based on a proposal a legislative-appointed commission is mulling over. The newly formed Joint Study Commission on Renewing Incentives formed out of 2021 legislation met recently to discuss the various components of the Jobs Act, which was initially created in 2015 and is slated to sunset next year. At the commission’s meeting, held on August 16, Secretary of Commerce Greg Canfield said the incentives borne out of the legislation have bolstered Alabama’s economic development activity. Speaking to a metric he described as a “return

Niagara Bottling to build $112M production plant, to hire 50

Associated Press March 17, 2022

Niagara Bottling is planning to open a new $112 million production facility in Alabama and hire 50 employees. The California-based company will locate a bottling plant in the Northeast Opelika Industrial Park along Interstate 85. Gov. Kay Ivey announced the move Wednesday, calling it a “testament to Alabama’s strong business climate and the many advantages we can offer companies looking to energize their growth plans.” Alabama Commerce Secretary Greg Canfield called the company a great addition to the state’s business community, al.com reported. “The top-level priorities of Alabama’s economic development team are creating meaningful job opportunities for citizens around the state and bringing in new investment to invigorate communities,”

Alabama’s Commerce chief, Kay Ivey note economic development successes and challenges

Alabama NewsCenter February 1, 2020

Alabama has seen more than $40 billion in capital investment and the creation of more than 130,000 jobs since 2012.

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