Made in Alabama: Small Business

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Hyundai to invest $388 million to prep Alabama plant for next-generation engines

Alabama auto industry

MONTGOMERY, Alabama — Governor Kay Ivey joined Hyundai Motor Manufacturing Alabama LLC President and CEO Dong Ryeol Choi today to announce that Hyundai is investing $388 million to construct a plant dedicated to manufacturing engine heads and enhance existing operations to support production of...

Written by Jerry Underwood

Auto supplier SMP expands U.S. footprint at new Tuscaloosa plant

Alabama auto industry

TUSCALOOSA, Alabama – Samvardhana Motherson Peguform (SMP) today marked the official opening of a 700,000-square-foot Alabama auto parts plant with optimism that hiring could surpass initial projections. Though SMP inaugurated the Tuscaloosa plant this afternoon, the facility already has a workforce of 320 people,

Written by Jerry Underwood

Report: 2017 projects generate nearly 15,500 new jobs across Alabama

Alabama auto industry

MONTGOMERY, Alabama – Companies planning new facilities or expanding existing operations in Alabama announced nearly 15,500 new jobs and more than $4.4 billion in capital investment during 2017, according to a comprehensive report detailing economic development activity in the state last year. The 2017...

Written by Jerry Underwood

Alabama team returns home after productive talks in Japan

Alabama auto industry

TOKYO, Japan – Governor Kay Ivey said today that meetings with high-level executives from Mazda, Toyota and Honda in Japan helped to fortify the state’s relationships with the global automakers and will facilitate their growth plans in Alabama. Governor Ivey, Commerce Secretary Greg Canfield...

Written by Jerry Underwood

2017 Scorecard: Birmingham projects mean 3,000-plus new jobs

Alabama auto industry

BIRMINGHAM, Alabama – The Birmingham Business Alliance today reported that economic development activity in the seven-county Birmingham region generated more than 3,000 anticipated jobs and nearly $575 million in new capital investment in 2017. The results were announced at the BBA’s annual Regional Economic...

Written by Jerry Underwood

Governor Ivey leads Alabama team in talks with Japanese automakers

Alabama auto industry

MONTGOMERY, Alabama — Governor Kay Ivey is leading a small team of Alabama economic development specialists on a business development mission to Japan for high-level meetings with leaders of global automakers Toyota, Mazda and Honda. The Alabama delegation is departing for Japan today and...

Written by Jerry Underwood

Autocar opens $120 million heavy-duty truck factory in Alabama

Alabama auto industry

BIRMINGHAM, Alabama — Indiana-based Autocar today marked the official opening of a $120 million heavy-duty work truck assembly plant in Birmingham that adds a new dimension to Alabama’s growing vehicle manufacturing industry. Governor Kay Ivey joined top Autocar executives and local leaders at a...

Written by Jerry Underwood

Port of Mobile taps partners to develop $60M auto export facility

Alabama auto industry

BUENOS AIRES, Argentina – The Port of Mobile is poised to become a major hub of auto export activity, with a new facility that will allow vehicles to be driven directly onto cargo ships bound for markets around the world. On Tuesday, representatives of...

Written by Dawn Azok

Industry growth spurt drives opportunities for Alabama auto workers

Alabama auto industry

HUNTSVILLE, Alabama -- Alabama’s robust auto industry has transformed the state economy over the past two decades, as well as communities scattered from the Tennessee Valley to the Gulf Coast. But perhaps nowhere has the industry’s prosperity been more acutely felt than in the...

Written by Dawn Azok

Auto supplier Yorozu opens Jasper plant growing toward 300 jobs

Alabama auto industry

JASPER, Alabama – Auto parts maker Yorozu on Tuesday marked the grand opening of its $110 million manufacturing plant in Walker County, where hiring has been ramping up and will continue to grow. A grand opening ceremony at the Yorozu facility included a ribbon...

Written by Jerry Underwood

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