Raytheon kicks off $115 million expansion at Alabama missile factory
HUNTSVILLE, Alabama — Raytheon on Tuesday officially launched a $115 million expansion of its Redstone Raytheon Missile Integration Facility, which will increase the factory’s space for integrating and delivering on critical defense programs by more than 50%. The 26,000 square-foot expansion project will also bring an estimated 185 new jobs to Huntsville site, growing the employee…
Two Rivers Lumber plans $115 million sawmill project in Coosa County
MONTGOMERY, Alabama — Governor Kay Ivey announced today that Two Rivers Lumber Co. LLC plans to invest $115 million to build a state-of-the-art sawmill in Coosa County as the company’s second operation in Alabama. Demopolis-based Two Rivers Lumber has committed to creating 130 jobs at the new Alabama sawmill, which will specialize in the production…
Alabama claims No. 1 spot among auto-exporting states for first time
Alabama has become the nation’s No. 1 auto-exporting state, with international vehicle shipments surging past $11.2 billion in 2023 to overtake long-time leader South Carolina, according to new trade data. Alabama’s auto exports have climbed 45% in value since 2021, when they totaled $7.7 billion, according to figures from the Alabama Department of Commerce. “Alabama’s…
Southern Roots Nut Co. plans Alabama processing hub with 120 jobs
DOTHAN, Alabama — Southern Roots Nut Co. plans to open a pecan processing facility in Dothan, where the New Mexico-based company will create 120 jobs in Alabama’s Wiregrass region, according to an announcement today by Governor Kay Ivey. Southern Roots will invest nearly $16.6 million to outfit an existing building and construct a new facility…
Toyota Alabama kicks off production on new engine line after $222 million project
HUNTSVILLE, Alabama — Toyota Alabama announced today that it has started production on its i-FORCE 2.4-liter turbo engine line at its Huntsville engine plant, culminating a $222 million investment project launched in 2022. Toyota Alabama said the new engine line will provide powertrains for the all-new Tacoma pickup and reinforces its commitment to diversified powertrains…
Conecuh Sausage expanding in $58 million Alabama growth project
ANDALUSIA, Alabama — Governor Kay Ivey announced today that Conecuh Sausage, an iconic Alabama maker of hickory smoked sausages, plans to invest nearly $58 million to open a second production facility in the state, creating 110 jobs in Andalusia. Conecuh Sausage was founded in Evergreen in 1947, and the production location in Conecuh County will…
From Alabama to space: ULA’s Vulcan rocket blasts off on inaugural mission
CAPE CANAVERAL, Florida — United Launch Alliance’s next-generation Vulcan rocket lifted off for the first time early this morning on a mission that marked a new era of space capabilities for the company’s Alabama-made rockets. ULA said the successful launch of the Vulcan took place at 2:18 a.m. EST today from Space Launch Complex-41 at Cape…
Brasfield & Gorrie to expand Birmingham HQ to support 85 new jobs
BIRMINGHAM, Alabama — Alabama Commerce Secretary Ellen McNair announced today that Brasfield & Gorrie, one of the nation’s largest privately held construction firms, plans to invest $18.9 million to expand its national headquarters in Birmingham, choosing to grow in its hometown over other major markets where it operates. Brasfield & Gorrie’s expansion project will support…
Mobile aerospace cluster set for future growth as expansion plans take shape
MOBILE, Alabama — New investments by key players in the Mobile aerospace cluster are setting the stage for future growth at what has become a major production hub for the global aviation industry. Airbus Americas is increasing its investment in the A220 final assembly line at its Alabama manufacturing facility by an additional $18.8 million,…
Trade mission connects Alabama firms to Nordic bioscience ecosystem
COPENHAGEN, Denmark — Commerce Secretary Greg Canfield is leading a delegation of Alabama bioscience businesses on a trade mission to this week’s Nordic Life Sciences Days (NLSDays), the largest Scandinavian partnering conference dedicated to the life sciences industry. The Alabama team, which includes representatives from six bioscience firms, arrived in Copenhagen today and was scheduled…
