Ernst & Young: Alabama ranks in Top 5 for investment
Global consulting firm Ernst & Young says companies from around the world poured more than $5 billion into capital projects in Alabama last year, earning the state a place near the top of its investment rankings. Ernst & Young’s closely watched “US Investment Monitor” ranked Alabama No.5 among the states for mobile capital investment last…
Brown Precision expands Alabama presence with $7M project
ATMORE, Alabama – Huntsville-based Brown Precision Inc. plans to invest $7 million to open a manufacturing facility in Southwest Alabama’s rapidly expanding aerospace corridor, officials said this morning. Brown Precision’s new facility in Atmore’s Rivercane Industrial Park will create more than 100 jobs, said Mayor Jim Staff, who welcomed the company at a joint meeting…
Toyota Alabama engine plant marks 15 years of growth
HUNTSVILLE, Alabama – The Toyota Alabama engine plant is marking its 15th anniversary this week, celebrating an era that has brought great growth in size, skill and significance for the Huntsville facility and its workforce. The $864 million plant has expanded four times since its groundbreaking in summer 2001, and now produces six times as…
Polaris Alabama facility begins producing Rangers, Slingshots
HUNTSVILLE, Alabama – Polaris Industries has launched vehicle production at a state-of-the-art new factory in north Alabama that’s projected to provide a major economic boost to the region. Polaris Chairman and Chief Executive Officer Scott Wine announced the production launch in a company statement on Wednesday, saying the Huntsville factory began turning out Ranger off-road…
German auto supplier Gerhardi picks Alabama for first U.S. plant
MONTGOMERY, Alabama – At a groundbreaking ceremony today, German auto supplier Gerhardi Kuntstofftechnik announced plans to invest $37.9 million and create 235 jobs in Montgomery to create its first North American manufacturing facility. “This is a great opportunity for Gerhardi, and we are very excited,” Gerhardi Managing Director Reinhard Hoffman said. “Montgomery Industrial Park offers…
Airbus Alabama facility primes for production ramp-up
Now that the first Alabama-made airplanes are rolling off the assembly line at the Airbus manufacturing plant in Mobile and taking to the skies, the big question is: What’s next? Plenty. In fact, the global plane maker has only just begun to make its mark on Mobile and Alabama, according to business leaders and market…
New Alabama-built Santa Fe Sport SUVs roll off Hyundai line
MONTGOMERY, Alabama – Hyundai’s Alabama auto plant successfully launched mass production of the Santa Fe Sport on Wednesday. Workers built about 50 of the SUVs on the first day, and they will ramp up to possibly 200 per day next week, said Robert Burns, spokesman for the automaker’s Montgomery operations. By the end of the year,…
Kronospan creating 160 jobs in Alabama with $362M expansion
OXFORD, Alabama — Austria-based Kronospan, a leading manufacturer of wood-based panel products, said today that it plans to invest $362 million to expand its operations in Calhoun County, adding 160 jobs to its Alabama workforce. Kronospan said the expansion consists of four separate projects: Two laminate flooring and decorative paper impregnation lines A particleboard and…
Toyota Alabama — ‘engine capital of the world’ — marks 15 years
HUNTSVILLE, Alabama — Long known for rocket engine production, Huntsville is on its way to earning the title of “engine capital of the world,” thanks to the presence of Toyota over the past 15 years. During that time, the Japanese automaker’s Alabama workers have built more than 4.5 million engines at its Huntsville factory, which…
Auto supplier voestalpine to invest $11 million in Alabama facility
BIRMINGHAM, Alabama – Austrian automotive supplier voestalpine Automotive Body Parts Inc. announced plans today to open an $11.1 million Birmingham facility that’s expected to create 42 jobs. Voestalpine will produce a variety of automotive components, including stamped and hot formed parts, at an existing facility located at 260-A Lyon Lane, in Birmingham’s Oxmoor Valley, according…
