Alabama’s BIO International delegation to promote state’s investment, opportunities
MONTGOMERY, Alabama – When Dr. Karim Budhwani leads a discussion session at BIO International’s annual conference in San Diego next week, he’ll be wearing his signature Iron Man bow tie along with a “Made in Alabama” pin on his lapel. Budhwani is co-founder and CEO-scientist at Birmingham-based CerFlux, a biotech company focused on developing precision oncology…
Kamtec Auto USA to bring $9.2 million investment, 50 jobs to Auburn
MONTGOMERY, Alabama – South Korean automotive supplier Kamtec Auto USA announced this week it will open its first U.S. manufacturing facility in Auburn. The new operation represents a $9.2 million investment and will create about 50 jobs over the next three years. The facility will provide advanced technical components for engine control and electric management…
Alabama exports reach $23.7 billion in 2025, with shipments to 190 countries
MONTGOMERY, Alabama – May is World Trade Month, and recently released data on Alabama’s exports underscore the importance of global trade to the state’s economy. It also highlights momentum behind efforts to diversify and expand the state’s international reach. Alabama companies exported goods and services worth $23.7 billion in 2025, the Department of Commerce announced…
StoneX’s Birmingham move will create space for nearly 90 new employees
MONTGOMERY, Alabama – Global financial services leader StoneX Group Inc. (NASDAQ: SNEX) announced on Thursday the relocation and expansion of its Birmingham office, a move that will add nearly 90 employees over the next three to five years. “Birmingham has long been a meaningful part of our operational footprint,” said Maribeth Williams, head of Securities…
Continued growth: Blue Origin adding 100 jobs at Huntsville facility
HUNTSVILLE, Alabama – Six years after launching its Alabama facility with an expected 300 employees, aerospace company Blue Origin is again expanding its footprint in Huntsville with a current workforce of more than 1,600. The company recently announced 100 new jobs to support its thruster production at one of its three Rocket City facilities. “Alabama…
Mercedes to invest $4 billion in Alabama plant, marks 5 millionth vehicle built in state
VANCE, Alabama – Mercedes-Benz plans to invest $4 billion at its Tuscaloosa County plant by 2030, as the German automaker continues to build on a legacy that launched Alabama’s dynamic automotive industry. Company officials announced the move today at a ceremony where they also unveiled the latest versions of the GLE and GLS SUVs and…
Construction Partners to invest $20 million in new Dothan headquarters
DOTHAN, Alabama — A homegrown Alabama success story is reinforcing its roots. Construction Partners, Inc., the Dothan-born civil infrastructure company that has grown into a $3.5 billion publicly traded enterprise, announced plans to build a new $20 million corporate headquarters and data processing center in the Wiregrass city where it was founded nearly 25 years…
Alabama aerospace team marks successful week at Singapore Airshow
CHANGI, Singapore – Alabama’s aerospace industry is poised for additional growth, following a week of successful recruitment efforts at the Singapore Airshow. The Alabama Department of Commerce team held meetings with prospects, took part in presentations on emerging technologies and supported the state’s aerospace and aviation firms that were also participating in the event. It was…
Alabama looks to grow aerospace industry with strong presence at Singapore Airshow
CHANGI, Singapore – Alabama’s business recruiters aim to build on the success of the state’s flourishing aerospace industry at a major international trade show that kicks off this week. A team from the Alabama Department of Commerce is participating in the Singapore Airshow at Changi Exhibition Centre. This year marks the 10th edition of the biennial event…
Global chain manufacturer KettenWulf announces new manufacturing operation in Auburn
AUBURN, Alabama – Germany’s KettenWulf plans to invest $34 million in an advanced manufacturing operation in Auburn that will create 70 jobs and serve as the foundation for the company’s future growth in the U.S., Gov. Kay Ivey announced today. Founded in 1925, KettenWulf is a family-owned business that recently marked a century of growth.…
