Made in Alabama: Small Business

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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

BASF marks milestones with expansion of Alabama catalytic converter plant

foreign investment

HUNTSVILLE, Alabama – BASF today announced the completion of an investment project to expand production at its Alabama mobile catalyst manufacturing site, which has been in operation for more than four decades. BASF said the Huntsville site expansion began 18 months ago and created...

Written by Jerry Underwood

World travelers: Alabama-made vehicles crisscross the globe as exports surge

foreign investment

From the deserts of the Middle East to urban centers across Asia and villages dotting the European countryside, vehicles made in Alabama are making a lasting impression. Exports of state-made automobiles continued to grow at an impressive rate in 2016, rising 13 percent to...

Written by Jerry Underwood

Alabama auto sector primed for growth with $1 billion in new investment

foreign investment

Alabama’s auto industry continues to thrive, racking up new jobs and investments in communities across the state. Last year, there were at least 68 auto projects, for an estimated total of 3,848 jobs and $907.1 million in new capital investment, according to an analysis...

Written by Dawn Azok

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