While tourists may know Alabama for its beaches and sweet Southern hospitality, CEOs increasingly acknowledge the state for its growing port and business-friendly policies. In addition to tech and healthcare, the electric vehicle industry has made big strides here in the past couple of years. Mercedes-Benz now produces EV batteries in Tuscaloosa, and Hyundai is making the all-electric Genesis GV70 SUV in Montgomery. Toyota and Honda, both of whom have significant operations in the state, are starting to explore the EV market. To drive further momentum in the EV industry, the state held the Drive Electric Alabama EV Summit in September 2022.
Apprenticeship Tax Credit: Offers a state income tax credit up to $1,250 per qualifying apprentice for up to ten apprentices employed.
Jobs Credit: Offers an annual cash rebate of up to 3% for new, direct jobs for up to 10 years, up to 4% if the business meets certain criteria, such as expanding into a sparsely populated community.
Investment Credit: Offers up to 1.5% of the qualified capital investment expenses for a qualified project of up to 10 years.
Growing Alabama Credit: Offers funds for site preparation and public infrastructure needs of existing industrial sites and other qualified purchases.
Alabama Department of Commerce Business Development Division madeinalabama.com/business-development
Economic Development Partnership of Alabama
edpa.org
Amazing Alabama
amazingalabama.com
Economic Development Association of Alabama
edaa.org
Birmingham Business Alliance
birminghambusinessalliance.com
Aiming to further improve the supply chain and logistics network for manufacturers in the state, Alabama launched the A-USA Corridor in January 2022. The $231 million project will upgrade the logistics infrastructure with a 280-mile rail network to link the Port of Mobile with the McCalla Intermodal Facility near Birmingham. It will also link several major economic development sites along the way.
Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
