News
U.S. Steel starts up advanced electric arc furnace facility in Alabama
FAIRFIELD, Alabama — U.S. Steel Corp. today announced the successful start-up of a new technologically advanced electric arc furnace steelmaking facility at its operations in Fairfield, marking a strategic milestone for the company. Pittsburgh, Pennsylvania-based U.S. Steel said the EAF at the Fairfield Works, located near Birmingham, has an annual steelmaking capacity of 1.6 million…
Auto supplier IAC plans Alabama expansions creating over 180 jobs
MONTGOMERY, Alabama – Governor Kay Ivey announced today that International Automotive Components Group North America Inc. (IAC) plans to invest over $55.9 million in expansion projects that will create 182 jobs at two Alabama facilities. IAC is committing $34.3 million in new capital investment to expand its new manufacturing facility located in Tuscaloosa County. This…
Alabama business leaders meet with Ambassador Lighthizer, key trade official
VANCE, Alabama – Governor Kay Ivey and a group of Alabama industrial leaders on Friday hosted Ambassador Robert Lighthizer, the U.S. Trade Representative, at the Mercedes-Benz manufacturing complex for a high-level discussion on the Trump Administration’s trade and economic growth policies. Ambassador Lighthizer shared details about the Administration’s trade goals and heard from the Alabama…
Bronze Valley names first startup class in gener8tor accelerator
BIRMINGHAM, Alabama – Startup accelerator gener8tor announced today the participants selected for 10 Fall 2020 gBETA cohorts, including five promising companies in the program’s inaugural class at the Bronze Valley Accelerator. Birmingham’s Bronze Valley is a non-profit, early stage venture investment platform that focuses on supporting female entrepreneurs and entrepreneurs of color. “Bronze Valley is…
Global Resources to invest $9.5M in Alabama medical manufacturing venture
DOTHAN, Alabama – Global Resources International announced plans today to invest $9.5 million to open a medical manufacturing company in Dothan, creating 70 jobs and expanding local manufacturing capabilities. The company, Advanced Product Solutions, will anchor GRI’s family of companies in the manufacturing of engineered fabrics, personal protective equipment and injection molded medical products in…
Boeing Huntsville gets contract boost for key missile defense system
HUNTSVILLE, Alabama – Aerospace giant Boeing Co.’s Huntsville operation has been awarded a $249 million contract modification in support of the only operationally deployed missile defense capable of shielding the entire U.S. against long-range ballistic missile attacks. Boeing’s Ground-based Midcourse Defense (GMD) system is designed to detect, intercept and destroy long-range missiles during their midcourse…
Economic development projects to bring 510 new jobs to Huntsville area
HUNTSVILLE, Alabama – The Huntsville/Madison County Chamber today announced that new economic development projects will bring 510 new jobs and more than $71 million in investment to the community. This eight companies under taking the projects have expanded or located in Huntsville metro area during 2020 but have not previously announced their growth plans. “We…
Airbus marks 5 years of aircraft production at Alabama facility
MOBILE, Alabama – The Airbus manufacturing facility in Alabama has marked a significant milestone – five years of aircraft production in its growing U.S. industrial home. The Airbus manufacturing center in Mobile began producing its first passenger jet — an A321 christened “BluesMobile” and destined for JetBlue — on Sept. 14, 2015. Since then, the…
Denmark’s Mountain Top Industries selects Alabama for its first U.S. plant
MONTGOMERY, Alabama – Denmark-based Mountain Top Industries, which specializes in aluminum roll covers for pickup trucks, plans to open a 73,000-square-foot manufacturing facility in Montgomery as the company expands into the U.S. market. Mountain Top Industries announced today that it will invest $13.3 million to open the state-of-the-art facility, located along Interstate 85 in Montgomery Industrial…
Coastal Growers plans $87 million peanut shelling facility in Atmore
MONTGOMERY, Alabama — Governor Kay Ivey announced today that Coastal Growers LLC plans to build a peanut shelling plant in Atmore, bringing 100 or more jobs to the area and turning the Escambia County city into a hub for peanut shelling in southwest Alabama. The company — owned by a cooperative of farmers, most of…