News
Rural Alabama’s advantages lure $4 billion in investment projects
With a series of high-impact growth projects now under way, rural Alabama is on a winning streak that is bringing in significant new investment and triggering the creation of thousands of jobs. Consider these developments: And there are many other dynamic developments taking shape in rural Alabama, including the nation’s first graphite processing facility and…
Hyundai Alabama plans major investment with new Santa Fe SUV on way
MONTGOMERY, Alabama — Hyundai announced plans today to invest $290 million in upgrades at its Montgomery assembly plant as the facility prepares to build the next-generation Santa Fe sport utility. Hyundai Motor Manufacturing Alabama (HMMA) officials announced the automaker’s investment plans at a ceremony at the plant, where they were joined by Governor Kay Ivey,…
Alabama automakers step up support for career pathway programs
Alabama’s automakers are expanding their broad-based efforts to create new career pathways for Alabama students interested in developing the skills needed in high-tech workplaces. Last week, Toyota USA Foundation announced grants of up to $6.7 million to prepare Huntsville City Schools’ students for future careers in science, technology, engineering and math (STEM). The collaboration, part…
Auto parts maker Shinhwa plans $114 million Alabama expansion
AUBURN, Alabama — Shinhwa Auto USA Corp. plans to invest $114 million to expand its manufacturing operation in Auburn to support the production of electric vehicle parts, according to Governor Kay Ivey. The growth project will create 50 jobs and add a new 170,000-square-foot production building on Shinhwa’s campus in Auburn Technology Park West. The…
Trendco USA to create 292 jobs at Tuskegee glove manufacturing facility
MONTGOMERY, Alabama — Governor Kay Ivey announced today that Trendco USA plans to invest $43 million to launch a manufacturing operation in a Tuskegee logistics hub where the company will produce nitrile medical gloves to expand domestic supply. Columbia, South Carolina-based Trendco has committed to creating 292 jobs over five years at a facility in…
International investment speeds job growth in Alabama, analysis shows
Job creation tied to international investment in Alabama has been rapidly outpacing the state’s general employment growth rate, according to a report that tracks the impact of foreign direct investment (FDI) across the U.S. The Global Business Alliance analysis says employment in Alabama tied to FDI surged 12% between 2015 and 2020, compared to overall…
Alabama delegation seeks closer Canada ties at SEUS-CP
Commerce Secretary Greg Canfield is leading an Alabama delegation traveling to Canada for next week’s business meeting of the Southeastern United States-Canadian Provinces Alliance (SEUS-CP), a partnership that seeks to expand commercial opportunities and broaden cultural exchange. This year’s annual conference is being held in the port city of St. John’s, the capital of Newfoundland…
Core Industries to build new processing and storage facility in Alabama
MOBILE, Alabama — Core Industries plans to invest $8.75 million to construct a processing and storage facility at its port facility in Mobile County to support a contract to handle wood pellets for CM Biomass, according to the Mobile Chamber and the Industrial Development Authority. The project will create 28 jobs over the next five…
AIDT targets 11,000 new auto industry workers with ‘Shift’ campaign
AIDT, Alabama’s primary workforce development agency, is accelerating its efforts to expand employment in the state’s auto industry by reviving a multi-state campaign to attract a new generation of workers for the fast-growing sector. AIDT is relaunching its Shift campaign, which debuted in March 2022, to help fill over 11,000 career opportunities now available at…
Enviva kicks off construction on wood pellet plant in Sumter County
EPES, Alabama — Bethesda, Maryland-based Enviva Inc., the world’s leading producer of sustainably sourced woody biomass, recorded a milestone today with a ceremony to mark the official start of construction on a wood pellet plant in Sumter County. Governor Kay Ivey joined Enviva executives and community leaders at the groundbreaking event this afternoon at the…