Hyundai Alabama plans major investment with new Santa Fe SUV on way
MONTGOMERY, Alabama — Hyundai announced plans today to invest $290 million in upgrades at its Montgomery assembly plant as the facility prepares to build the next-generation Santa Fe sport utility. Hyundai Motor Manufacturing Alabama (HMMA) officials announced the automaker’s investment plans at a ceremony at the plant, where they were joined by Governor Kay Ivey,…
Alabama automakers step up support for career pathway programs
Alabama’s automakers are expanding their broad-based efforts to create new career pathways for Alabama students interested in developing the skills needed in high-tech workplaces. Last week, Toyota USA Foundation announced grants of up to $6.7 million to prepare Huntsville City Schools’ students for future careers in science, technology, engineering and math (STEM). The collaboration, part…
Auto parts maker Shinhwa plans $114 million Alabama expansion
AUBURN, Alabama — Shinhwa Auto USA Corp. plans to invest $114 million to expand its manufacturing operation in Auburn to support the production of electric vehicle parts, according to Governor Kay Ivey. The growth project will create 50 jobs and add a new 170,000-square-foot production building on Shinhwa’s campus in Auburn Technology Park West. The…
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…
Alabama researchers power innovations for aerospace industry
Universities across Alabama are hubs of research and collaboration focused on the aerospace and aviation industries, and the innovations launched on campus hold major real-world promise. Professors and students alike are involved in the efforts, which range from emerging technologies in niche corners of the sector to broad initiatives that would be felt among many…
Southeast Alabama community looks to give aerospace sector a lift
ANDALUSIA, Alabama — A recent expansion at Covington County’s South Alabama Regional Airport illustrates rural Alabama’s key contributions to the state’s growing aerospace/aviation industry — and reflects a primary economic development focus for the region. A major Australian helicopter firm, McDermott Aviation, and its longtime U.S.-based business partner, Isolair Inc., announced plans to open at…
Alabama’s ‘Rocket City’ explores new growth areas in aerospace and beyond
HUNTSVILLE, Alabama — From the Saturn V to the Space Launch System, Huntsville continues to cement its legacy as the Rocket City. Keeping the momentum going is a top priority for the region’s business recruiters, who are constantly asking, “What’s next?” Leaders from Huntsville and Madison County are joining others from across Alabama this week…
Boeing’s Alabama operation writes new chapters in innovation
HUNTSVILLE, Alabama — Boeing’s deep roots in Alabama continue to help shape the state’s flourishing aerospace industry while also notching global milestones. A major highlight for the company’s Huntsville operations this past year was the successful performance of NASA’s Space Launch System, the next-generation rocket that is leading the way into future deep-space travel. Boeing,…
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…
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…
