News
HS Automotive Alabama to invest $12 million in expansion creating 100 jobs
ENTERPRISE, Alabama – Governor Robert Bentley joined officials of HS Automotive Alabama Inc. today to announce that the company will invest $12 million to expand its facility in Enterprise and add 100 new jobs for the area. The company is a Tier I automotive supplier for the Hyundai plant in Montgomery County. HSAA produces weather…
Commerce Secretary Canfield: Alabama primed for economic development success
MONTGOMERY, Alabama — Alabama’s aggressive marketing efforts, combined with its Accelerate Alabama economic development plan, put the state in the driver’s seat for recruiting companies and helping them expand within its borders. In fact, a Wells Fargo senior economist recently said the state is poised for even stronger gains in 2013. Mark Vitner, along with…
AT&T investment in Alabama approaches $1.4 billion over three years
MONTGOMERY, Alabama — Alabama Secretary of Commerce Greg Canfield congratulated AT&T here today as the company announced a nearly $1.4 billion investment in its Alabama wireless and wireline networks from 2010 through 2012. “More and more as we recruit new business and industry to Alabama, wireless connectivity is a major factor,” Canfield said. “AT&T’s $1.4…
Hyundai’s Alabama plant aims for record production output in 2013
MONTGOMERY, Alabama — It was just two short years ago that Hyundai Motor Manufacturing Alabama announced its annual economic impact on Montgomery County and the State of Alabama. That annual economic impact was $1.5 billion in the county and $2.8 billion in the state, and that was for 2010. Since that time, HMMA, which produces the…
Vector Aerospace expanding Alabama helicopter overhaul facility
ANDALUSIA, Alabama — Vector Aerospace is adding more than 75 jobs as it invests $3 million to expand an Andalusia facility that maintains and overhauls helicopters for the U.S. military and other customers. Alabama Gov. Robert Bentley said new aerospace jobs like those being created by Vector “put Alabamians back to work with well-paying jobs.” “Alabama…
Mass production of Acura MDX starts at Honda’s Alabama assembly plant
LINCOLN, Alabama – Honda’s Alabama assembly plant recorded a milestone today with the beginning of mass production of the 2014 Acura MDX – the first time the automaker has made a model from its luxury line at its Southeastern manufacturing base. Alabama Gov. Robert Bentley, who was on hand to celebrate the moment, noted that…
Logistics hub at Mercedes-Benz’s Alabama plant will create 600 jobs
TUSCALOOSA, Alabama – A new $70 million logistics hub at Mercedes-Benz’s Alabama plant will lead to 600 new jobs from the automaker and its contractors and service providers, officials said today. Alabama Governor Robert Bentley joined executives from Mercedes-Benz U.S. International, the official name of the automaker’s Alabama operations, to break ground on the expansion…
GE Aviation provides boost to Alabama aerospace sector with Auburn facility (with video)
AUBURN, Alabama – The Alabama aerospace sector is getting a lift from GE Aviation’s latest project – a $75 million facility making jet engine components in Auburn that will create as many as 400 jobs once it ramps up to full production. GE Aviation says the 300,000-square-foot plant will produce precision, super-alloy machined parts for…
Rising exports of Alabama-made goods expand state’s role in global economy
MONTGOMERY, Alabama — “Made In Alabama” increasingly translates as “Sold Around The Globe” as exports of Alabama-made goods have posted solid gains in recent years. Alabama companies shipped their products to 188 countries in 2012, a record year for exports for the state. With overseas shipments of automobiles leading the way, exports from Alabama have…
Nordic region trade mission builds connections to Alabama (with video)
MONTGOMERY, Alabama –- The headline in the Norwegian financial newspaper — “Look to Alabama” — sent the perfect message for Alabama officials on a Nordic region trade mission. A delegation of Alabama trade officials, business executives and university representatives traveled recently to Norway and Sweden on a weeklong business development and trade mission, prompting coverage…