Made in Alabama: Small Business

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Alabama foreign investment tops $1.5 billion in 2016, creating 3,250 jobs

Alabama auto industry

Businesses based in countries around the globe continue to find a welcoming home in Alabama, as the state’s foreign direct investment (FDI) reached $1.57 billion last year, driving job growth in several industries. Expansions accounted for the vast majority of the 79 FDI projects...

Written by Dawn Azok

Scorecard: Alabama recruited more than 14,700 jobs in 2016

Alabama auto industry

MONTGOMERY, Alabama — Companies announced plans for more than 14,700 new jobs and nearly $4.2 billion in capital investment in Alabama during 2016, according to an analysis prepared by the Alabama Department of Commerce that chronicles wide-ranging economic development activity across the state last...

Written by Jerry Underwood

Honda racetrack job fair inspires workers of the future

Alabama auto industry

BIRMINGHAM, Alabama -- Honda Manufacturing of Alabama is gearing up for an annual event that offers an inside look at the state’s booming automotive industry and has inspired a new generation of workers to pursue the high-tech careers it offers. This weekend, for the...

Written by Dawn Azok

Hanwha adding 100 jobs in $20 million Alabama expansion

Alabama auto industry

OPELIKA, Alabama – Auto supplier Hanwha Advanced Materials America LLC plans to invest $20 million to upgrade its manufacturing facility in Opelika, adding 100 new jobs over the next three years, according to Mayor Gary Fuller. Hanwha launched operations in Opelika in 2005 with an...

Written by Jerry Underwood

‘Retooled’ Marshall County manufacturing base charts new era

Alabama auto industry

GUNTERSVILLE, Alabama – Marshall County has a long history of successful manufacturing operations, and that legacy is helping to shape its future. Several of the northeastern Alabama county’s newer industrial residents have transformed buildings that were operated for decades by companies from another era.

Written by Dawn Azok

Honda Alabama expansion project launches with $85M first phase

Alabama auto industry

LINCOLN, Alabama -- Honda continues to build on its massive investment in Alabama and today announced a plan to spend an additional $85 million at its Talladega County auto manufacturing plant. The money will be used for the first of a multi-phase project to...

Written by Dawn Azok

Hyundai marks 5 million Alabama-built engines — and counting

Alabama auto industry

MONTGOMERY, Alabama – Hyundai today celebrated the production of its 5 millionth Alabama-made engine, a key milestone for the company’s Montgomery auto operations. The event comes less than 12 years after the plant assembled its first Lambda six-cylinder engine in May 2005. Hyundai says...

Written by Dawn Azok

Cullman ranks as a top ‘micropolitan’ for economic development

Alabama auto industry

CULLMAN, Alabama – Site Selection magazine placed Alabama among the top states in a new measure of economic development success, while Cullman ranked No. 2 in the publication’s ranking of top U.S. small cities. Cullman ranked behind only Findlay, Ohio, in the Site Selection...

Written by Jerry Underwood

Auto supplier Grupo Antolin to open Alabama facility with 150 jobs

Alabama auto industry

MONTGOMERY, Alabama -- Governor Robert Bentley announced today that global auto supplier Grupo Antolin plans to invest nearly $10.4 million to establish a manufacturing facility in Jefferson County that will employ 150 people by 2020. The Birmingham area location will add to Spain-based Grupo...

Written by Jerry Underwood

GLOBAL POWER: Alabama engine operations fill key role for automakers

Alabama auto industry

HUNTSVILLE, Alabama – Alabama is not only one of the top producers of vehicles in the U.S., it’s also a major source of the power under their hoods. Last year, state manufacturers combined to turn out more than 1.75 million engines, and those assembly...

Written by Dawn Azok

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