Made in Alabama: Small Business

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Bolta marks opening of $49 million Alabama auto parts plant

foreign investment

TUSCALOOSA, Alabama – Global auto parts supplier Bolta Group today announced the opening of its new $48.7 million production facility at the Tuscaloosa County Airport Industrial Park, which will employ 350 people by the end of 2018. State and local officials joined members of...

Written by Jerry Underwood

Tuscaloosa County auto supplier on track to open high-tech facility

foreign investment

VANCE, Alabama -- A Spanish auto supplier is moving forward with a $30 million wheel assembly factory in Tuscaloosa County, a project that will create more than 70 jobs. Truck & Wheel Group plans a 127,000-square-foot, highly automated facility in Vance that will assemble,

Written by Dawn Azok

Steyr Arms to add manufacturing at Alabama operation in $2.9M expansion

foreign investment

 BIRMINGHAM, Alabama -- Steyr Arms announced today it will invest $2.9 million to add a manufacturing component to its Alabama facility, a key assembly and distribution hub for the firearms maker. The project will create up to 10 jobs, according to the Birmingham Business Alliance.

Written by Jerry Underwood

Recruiters to showcase Alabama craft beer at investment summit

foreign investment

Alabama’s craft beer boom will be showcased next week at a conference that is expected to attract investors from across the globe. State business recruiters will be working the SelectUSA Investment Summit, which promotes foreign direct investment in the U.S. During the summit, held...

Written by Dawn Azok

Alabama wins Silver Shovel award for economic development

foreign investment

MONTGOMERY, Alabama – Area Development, an economic development-focused publication, awarded Alabama a Silver Shovel for solid business recruitment and support in 2016, keeping alive a winning streak stretching back a decade. In announcing the award, Area Development noted that Alabama’s economic development team continues...

Written by Jerry Underwood

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

foreign investment

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

Alabama team embarks on Canada trade mission

foreign investment

Alabama Secretary of Commerce Greg Canfield is leading a trade mission to Canada this week that aims to build on already strong ties with the state’s strongest international trade partner. The Alabama trade and business development mission kicks off Wednesday in Montréal, then shifts...

Written by Jerry Underwood

James Hardie to open $220M Alabama building products plant

foreign investment

PRATTVILLE, Alabama – Governor Kay Ivey announced today that James Hardie Building Products plans to invest up to $220 million to open an advanced fiber-cement building products manufacturing plant in Prattville, creating 205 jobs. James Hardie, whose corporate roots go back more than a...

Written by Jerry Underwood

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

foreign investment

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

Alabama-Germany partnership shows new strength after decades of growth

foreign investment

German companies have invested $8.4 billion and created nearly 15,500 jobs in Alabama over the past two decades, and the prosperous relationship is poised to grow even stronger. State exports to the European nation are on the rise, and at the same time, Germany’s...

Written by Dawn Azok

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