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Commerce team wraps 2023 Paris Air Show mission eyeing future growth
PARIS — The Alabama Department of Commerce team wrapped up its mission to the 2023 Paris Air Show on Wednesday after gaining strategic insights into the dynamic trends reshaping the aerospace industry and uncovering potential new growth projects that could bring investment and jobs back home. Commerce Secretary Greg Canfield said he and his team…
Ultra Safe Nuclear Corp. plans $232M Alabama micro-reactor assembly plant
MONTGOMERY, Alabama — Governor Kay Ivey announced today that Ultra Safe Nuclear Corp., (USNC) a Seattle-based company that’s expanding micro-reactor technologies, plans to invest $232 million to locate a facility in Gadsden to produce its industry-leading Micro-Modular Reactor. The highly automated MMR Assembly Plant (MAP) will manufacture, assemble, test and inspect the non-radiological modules needed…
Alabama firms make international connections at Paris Air Show
PARIS — The Alabama team at the 2023 Paris Air Show has a major focus on recruiting new aerospace jobs and investment, but this year’s mission has a wrinkle — helping homegrown companies claim a spot on the international business stage. For the first time, three Alabama firms are attending the aerospace industry’s biggest trade…
Growing Alabama to support improvements at Wiregrass industrial park
DOTHAN, Alabama — The Industrial Development Board of the City of Dothan is receiving $1 million in grant funding to assist in making infrastructure improvements to the Napier Field Industrial Park thanks to the Growing Alabama program. The Alabama Renewal Commission this month approved the IDB’s application for support from the Growing Alabama program, which…
Birmingham team pitches aerospace growth potential at Paris Air Show
PARIS — A group of economic development specialists, airport leaders and government officials from the Birmingham region has landed at the 2023 Paris Air Show with a strategic plan to elevate the profile of Alabama’s largest metro area in the aerospace industry. “Team BHM” is telling industry decision-makers about ambitious growth initiatives at the Birmingham-Shuttlesworth…
Alabama team renews mission on Day 2 of the 2023 Paris Air Show
PARIS — The Alabama business recruitment team at the 2023 Paris Air Show began a second day of appointments with aerospace companies this morning in the intensely competitive environment of the industry’s key trade event this year. No fewer than 15 other states are manning exhibition booths in the air show’s U.S. Pavilion, including Southern…
Alabama team wraps up Day 1 of 2023 Paris Air Show with optimism
PARIS — Alabama economic development professionals completed Day 1 of meetings at the 2023 Paris Air Show encouraged that the talks advanced relationships with aerospace companies and could pay off with future growth projects. Greg Canfield, Secretary of the Alabama Department of Commerce, said his working team engaged in a half-dozen scheduled appointments today, along…
Airbus growth project in ‘full swing’ at Alabama manufacturing center
MOBILE, Alabama — The throttles are going up on a major expansion project at Airbus’ U.S. Manufacturing Facility in Mobile that will double production space at the aviation giant’s strategically important Alabama facility in a little over two years. HPM, Airbus’ program manager for the expansion, says the initial phases of construction are advancing at…
Alabama team at Paris Air Show seeks to amplify aerospace investment
PARIS — The rich history of Alabama’s aerospace industry stretches back to when the Wright Brothers established their first civilian flight school in Montgomery in 1910. Alabama later became the cradle of the nation’s fledgling rocket program and spearheaded development of the mighty Saturn V that took American astronauts to the Moon. But it’s the…
Alabama team prepares to kick off 2023 Paris Air Show mission
PARIS — On the eve of the Paris Air Show, Commerce Secretary Greg Canfield today urged a group of Alabama economic specialists to capitalize on opportunities to grow the state’s aerospace sector by advancing relationships that can spark new industry investment and jobs. Secretary Canfield addressed the Alabama delegation at this year’s most important aerospace…