April 2024

Economic Development 101: What is the purpose of speculative buildings?

Welcome to the first article of our new blog series on Economic Development 101! We are thrilled to discuss valuable insights and perspectives in an effort to broaden understanding of this crucial aspect of business growth. This month, we are diving into the topic of speculative buildings and the numerous advantages they bring to the table. So, stay tuned for more engaging content!

Read the Blog Here

Earlier this month, we celebrated the completion of our Speculative Hangar at the Northwest Alabama Regional Airport. The location of both the airport and the Shoals Research Airpark creates a perfect storm for aviation projects

We want to extend a gracious thank you to everyone and every organization involved who helped make this a reality: Northwest Alabama Regional Airport, Tennessee Valley Authority Economic Development, Governor Kay Ivey, ADECA Alabama Department of Economic And Community Affairs (Director, Kenneth Boswell), Mike Lockhart, Mayor of Muscle Shoals, CG Jones, LLC, Civil Group, Dunn Building Company, LLC the Shoals EDA Board, the Shoals Industrial Development Committee and many others including The Shoals community as a whole. 


We are excited to see the future of aerospace projects here in The Shoals! Join us as we continue to journey to new heights. 

Click here for more information about the hangar!

The Shoals EDA staff has been busy this month, making waves at various conferences and events to proudly present The Shoals to a diverse audience. It's been an exciting journey of networking, sharing ideas, and sparking interest in all the wonderful opportunities that The Shoals has to offer.

Site Selectors Guild Annual Conference

The Annual Conference, organized by the Site Selector's Guild, brings together Guild members and professionals from various parts of the world for an interactive exchange of ideas and knowledge sharing. With a focus on networking and collaboration, the Annual Conference is an opportunity for attendees to connect with like-minded individuals, share their experiences and learn from each other.

TVA Economic Development Forum

TVA Economic Development works to attract new companies—which results in more jobs and investments in the Valley—and to engage existing businesses and industries to help them grow in a sustainable way. Their annual conference brings together economic development organizations and local power companies from across the Valley, providing them with invaluable opportunities to network, connect, and learn from one another.

AAAA 2024 Summit

The AAAA annual summit serves as the premier gathering for the entire Army Aviation Community, providing a unique opportunity to convene and address critical Army Aviation issues collectively. Attending this event enabled our team to highlight The Shoals as a prominent hub and valuable asset for the aerospace and aviation sector.

As we always say, our local industries are the backbone of our community and keep us thriving! The TimesDaily did a great job highlight two local expansions happening in The Shoals.


Pictured below is the latest progress on Southwire's expansion in the Florence-Lauderdale Industrial Park.

Expansions expected to bring 170 jobs to Shoals

FLORENCE - Recent expansions by two Shoals industries are adding 170 jobs to the area.

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Dates: May 20 - June 27, 2024


Format: Hybrid format - 2 In-person sessions per week and online course activity through Canvas learning platform


In-person sessions: Each Monday and Thursday during the 6 week time frame


Time: 5:30 - 8:30pm



Location: UNA Office of Regional Engagement

541 College Street Florence, AL 35630

Code Alabama is back for another opportunity to expand your career horizons!


Over 6 weeks (72 course hours), you'll learn coding fundamentals and get hands-on experience with Python - one of the most used and in-demand programming languages in today's workforce. Instructed by experts from the University of North Alabama (UNA), you'll gain the skills needed to become part of a software engineering team.


The deadline to register is May 17, 2024!

The deadline to apply for funding assistance is April 30, 2024!

More information here!

Colorful canvases, vibrant laughs, and endless creativity! This month, we had a blast at our Remote Shoals ladies’ paint party, turning blank canvases into masterpieces with great company. A big thanks to The Artsy Place Muscle Shoals for being such wonderful hosts!!

AP: Muscle Shoals area among the communities offering perks to attract residents

The United States Bureau of Labor and Statistics reports a strong job market this year, with about 353,000 jobs added so far in 2024 and a stable unemployment rate of 3.7%. This might be why cities nationwide are seizing the opportunity to attract job seekers to their area with special relocation perks for remote workers and new residents.

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These US cities will pay you up to $24,000 to move there

Looking to make the move and live in a new place for a while? If you pick sensibly, you might just get paid to do it. Smaller cities and towns in the US are...

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State's 'best kept secret' is paying people $10,000 to move there

AMERICANS can get up to $10,000 just by moving to a different place but they have to meet a few requirements. The program, dubbed Remote Shoals, is looking to attract remote workers to the Shoals i...

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Map shows cities and states that will pay you to move there

A growing number of counties, town and cities are offering cash incentives and other benefits for Americans to relocate there.

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Discover-the-hidden-gem-offering-10000-to-relocate-for-comfort-696x392 image

Discover the hidden gem offering $10,000 to relocate for comfort food and nature trails

Earn $10,000 by Living Here: Remote Workers Offered Cash to Relocate to This Southern Town

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Dozens of Cities and States Will Pay People To Relocate - Wealth of Geeks

Tired of the place where you live? Consider getting paid to relocate. Dozens of cities and states want you, especially if you're a remote worker. In return, the new residents will find apartments or homes far more affordable than big-city housing. They may also appreciate a different pace of living.

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Click on each company's name to see their job opportunities!


SHOALS ECONOMIC DEVELOPMENT AUTHORITY | www.shoalseda.com

(256)349-5632

info@shoalseda.com

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