News
Gov. Ivey announces $200M Revive Plus program to support small businesses
MONTGOMERY, Alabama – Governor Kay Ivey today announced Revive Plus, a $200 million grant program to support small businesses, non-profits and faith-based organizations in Alabama that have been impacted by COVID-19. Revive Plus is the second wave of funding for these organizations with 50 or fewer employees and will award grants of up to $20,000…
Golden Boy Foods to expand Alabama manufacturing operation
MONTGOMERY, Alabama – Governor Kay Ivey announced today that Golden Boy Foods, a leading manufacturer of private label food products, plans to invest more than $13 million in an expansion project at its production facility in Troy, creating 67 full-time jobs. To expand peanut butter production, Golden Boy will modify its existing Alabama manufacturing facility…
Alabama Online Global Program gives new marketing tools to exporters
The Alabama Department of Commerce’s Office of International Trade is working with its partners to help export-minded companies across the state maintain their global focus and create new trade relationships overseas. Commerce’s trade team, in collaboration with The Export Alabama Alliance, is aligning with IBT Online to form the Alabama Online Global Program, which aims…
Hyundai to add next-gen Tucson SUV to Alabama family of vehicles
MONTGOMERY, Alabama – Hyundai announced plans today to expand the production lineup at its Alabama manufacturing plant to include the next-generation Tucson SUV, its best-selling U.S. model. During a virtual press event in Los Angeles, José Muñoz, president and CEO, Hyundai Motor North America, announced that the automaker is expanding the number of models it…
Auto supplier Mobis to invest $15.8 million in new Alabama facility
BIRMINGHAM, Alabama — Auto supplier Mobis US Alabama LLC, a subsidiary of South Korea’s Hyundai Mobis, plans to open a $15.8 million facility at the Jefferson County Metropolitan Industrial Park near Birmingham, creating 120 jobs within three years. The Birmingham Business Alliance said the production site in McCalla will become the company’s second location in…
Lowe’s Home Improvement plans $61 million Alabama distribution hub
BESSEMER, Alabama — Lowe’s Home Improvement announced this week plans to construct a 1.2 million-square-foot distribution facility in Jefferson County, creating 150 jobs as part of a $61 million project. The Birmingham Business Alliance said the facility will be located in Bessemer next to a Carvana distribution center on Morgan Road on 98 acres of…
Amazon expands Alabama footprint with 2 delivery stations in metro Birmingham
BIRMINGHAM, Alabama — Amazon Logistics announced plans today to open two new delivery stations in the Birmingham metro area, creating hundreds of jobs and speeding up deliveries for the internet retailer’s customers in the region. One of the delivery stations will be located at Birmingham’s long-vacant Century Plaza Mall, which will be redeveloped. The other…
Alabama business climate rates near top in ‘Site Selection’ rankings
Alabama’s business climate ranked near the top of the states in a comprehensive analysis released today by “Site Selection,” a national publication that focuses on economic development. In the magazine’s 2020 analysis, Alabama ranked No. 7, tied with Arizona, and up two spots from the previous year. Georgia and North Carolina share the top spot,…
Kith Kitchens to open cabinet factory in Florence, creating 131 jobs
FLORENCE, Alabama — Kith Kitchens, an Alabama-based maker of high-quality cabinets, plans to invest $11 million to open a new manufacturing facility in Florence that will create 131 full-time jobs. Kith Kitchens will purchase a 150,000-square-foot speculative building pad and 11.5 acres in the Florence-Lauderdale Industrial Park. The company plans to start construction soon with…
Gunmaker Kimber relocates its corporate headquarters to Alabama
TROY, Alabama — Less than three years after selecting a site in Troy for a firearms manufacturing plant, Kimber Mfg Inc. announced plans to move its corporate headquarters to the Alabama city. Kimber also said it plans to hire aggressively in all departments as it completes its new facility in Pike County. The company’s new…