Made in Alabama: Small Business

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Hyundai Power Transformers to expand in Alabama with 86 new jobs

foreign investment

MONTGOMERY, Alabama -- Hyundai Power Transformers USA announced today that it is investing $33 million to increase production at its manufacturing facility in Montgomery, creating 86 new jobs. HPT said the expansion project will enable it to establish a "Smart Factory" and boost production...

Written by Jerry Underwood

Alabama trade mission team seeks business connections in South America

foreign investment

BUENOS AIRES, Argentina – Alabama Commerce Secretary Greg Canfield is leading a team of state business leaders on a trade mission in South America this week, aiming to forge new relationships and find new markets for their goods and services. The mission to Argentina...

Written by Dawn Azok

Truck & Wheel Group opens $30 million Alabama wheel assembly plant

foreign investment

VANCE, Alabama – Spain-based auto supplier Truck & Wheel Group today marked the opening of a new 127,000-square-foot manufacturing facility that will supply wheel assemblies for automakers in the Southeast. The company’s executive management team joined Gov. Kay Ivey, Mercedes-Benz's Alabama operations chief Jason...

Written by Jerry Underwood

Alabama exports set new annual record in 2017, topping $21.7 billion

foreign investment

MONTGOMERY, Alabama – Alabama exports totaled a record $21.7 billion in 2017, powered by rising overseas shipments of products such as automobiles, aircraft components, chemicals, paper, and minerals. New government trade figures show that exports of Alabama-made goods and services increased more than 6...

Written by Jerry Underwood

Alabama leaders seek to strengthen bonds at SEUS Japan 40

foreign investment

GREENVILLE, South Carolina – Business leaders from across Alabama are participating in an international conference that seeks to strengthen economic and cultural ties between the southeastern U.S. and the country of Japan. The 40th Annual Joint Meeting of the Southeast U.S.-Japan & Japan-U.S. Southeast...

Written by Dawn Azok

SSAB to move U.S. headquarters to Alabama, creating 60 jobs

foreign investment

MOBILE, Alabama – SSAB Americas, a division of global steelmaker SSAB, announced plans this morning to relocate the division’s head office from suburban Chicago to Mobile, a move that will bring 60 jobs to Alabama. Since 2001, the company has operated a steel mill...

Written by Jerry Underwood

Southern Automotive Conference brings industry leaders to Alabama

foreign investment

BIRMINGHAM, Alabama – Key auto industry decision makers from across the Southeastern U.S. and beyond will be in Alabama this week to learn about new innovations, share solid business practices and build stronger relationships with their colleagues. The Southern Automotive Conference, which kicks off...

Written by Dawn Azok

Toyota to invest $106M in Alabama engine plant, add 50 jobs

foreign investment

HUNTSVILLE, Alabama – Toyota today announced plans to invest $106 million and add 50 jobs at its Alabama engine plant, the latest expansion for the Huntsville facility that is a key part of the automaker’s global operations. The investment will provide for a complete...

Written by Dawn Azok

Mercedes to launch electric vehicle production in $1B Alabama project

foreign investment

TUSCALOOSA, Alabama – Mercedes-Benz announced plans today to invest an additional $1 billion in its Alabama operation, where it will set up electric vehicle production and build a battery plant. In addition, the German automaker will also expand its logistics activities in the U.S.

Written by Jerry Underwood

Commerce leads trade mission to Australia and New Zealand

foreign investment

SYDNEY, Australia – Business and community leaders from across Alabama are traveling in Australia and New Zealand this week, seeking to boost exports and strengthen trade ties in the region. The 17-member delegation today kicked off a series of briefings with U.S. Commercial Service...

Written by Jerry Underwood

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