News
Toyota to add 450 workers with $288M Alabama engine plant expansion
HUNTSVILLE, Alabama – Toyota announced plans today to install two new engine lines at its Alabama manufacturing facility through a $288 million expansion project that will create 450 jobs in Huntsville. Toyota said the investment will boost annual engine capacity at the Huntsville facility from 670,000 to 900,000 by the end of 2021. It will also increase…
Amid trade friction, Alabama exports approach record total in 2018
Despite global trade tensions, the value of Alabama exports topped $21 billion in 2018 on increased shipments of chemicals, paper products and aerospace parts to overseas markets, figures from the U.S. Commerce Department indicate. Still, U.S. trade disputes with China and other countries that are Alabama’s top export destinations took a toll on shipments from…
Auto supplier Yongsan locating first U.S. facility in Alabama, creating 150 jobs
OPELIKA, Alabama – Opelika Mayor Gary Fuller announced that Yongsan Automotive USA will invest more than $5.5 million to open a manufacturing facility in the city’s Fox Run Business Park that will employ 150 workers after three years. Fuller’s announcement came during an Opelika City County meeting on Tuesday night when Yongsan’s plans for its…
Sec. Canfield: ‘Rebuild Alabama’ will solidify economic development gains
Alabama Commerce Secretary Greg Canfield said today that infrastructure improvements financed by Governor Kay Ivey’s “Rebuild Alabama” plan would help the state’s economic development team sustain momentum as it seeks to recruit high-caliber jobs and companies. “I believe we need to focus on infrastructure as a key issue in Alabama at this critical time,” Secretary…
Record level of film activity puts Alabama in industry spotlight
Building on a record-setting year for film projects in Alabama, the stage appears set for a sequel, with a string of movie productions already filming in the state or getting the cameras and crews ready for action. Since Oct. 1, more than a dozen movie and TV productions have qualified for state incentives available to…
Utility-scale solar projects brighten Alabama’s tech recruitment efforts
Massive new utility-scale solar farm projects are poised to dramatically expand Alabama’s solar power capacity as major technology companies make their first significant investments in the state. In the last three months alone, the Tennessee Valley Authority has announced plans for large solar installations in North Alabama tied to data centers being constructed by Google…
$215M U.S. Steel project provides spark for Alabama steel industry
BIRMINGHAM, Alabama – United States Steel Corp.’s plans to invest $215 million to install a technologically advanced electric arc furnace at Fairfield Works is expected to provide a boost to Alabama’s steelmaking industry in its historic home. U.S. Steel had initiated construction of the EAF at its Tubular Operations in Fairfield in March 2015 but…
Kemira investing $70 million to expand Alabama operation, creating 20 jobs
MOBILE, ALABAMA — Finland-based Kemira announced this morning that it is investing $70.8 million to expand production at its Mobile facility. The company is a polymer producer serving the pulp and paper, oil and gas, and water treatment industries. The project will create an additional 20 jobs, growing Kemira’s Mobile workforce by 32 percent, to…
Blue Origin launches construction of $200M Alabama rocket engine plant
HUNTSVILLE, Alabama – Space flight company Blue Origin this morning kicked off construction on a $200 million plant in Huntsville that will produce the BE-4 rocket engine for future national security and other missions. The 200,000-square-foot facility will be built on 46 acres at the corner of Explorer Boulevard and Pegasus Drive in Cummings Research Park.…
Airbus kicks off construction on A220 assembly line in Mobile
MOBILE, Alabama – Governor Kay Ivey joined leaders of Airbus, top local officials and others at the Mobile Aeroplex today for a groundbreaking ceremony to launch construction of the company’s new A220 aircraft manufacturing facility. The assembly line will satisfy the strong and growing U.S. demand for the A220 aircraft, the newest offering in Airbus’…