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Site development efforts get $30 million boost with Alabama’s first SEEDS grants

MONTGOMERY, Alabama — Governor Kay Ivey announced today that the State Industrial Development Authority (SIDA) has approved over $30 million in grants under the new Site Evaluation and Economic Development Strategy Act (SEEDS) to speed the development of much-needed industry-ready sites across the state.

Written by Jerry Underwood

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...

Written by Jerry Underwood

Douglas Manufacturing creating 50 jobs with Pell City expansion project

PELL CITY, Alabama — Commerce Secretary Ellen McNair today announced that Douglas Manufacturing Co. plans to invest nearly $11.7 million to expand its production facility in St. Clair County through a project that will create 50 jobs. Founded in 1978, Douglas Manufacturing’s mission is...

Written by Jerry Underwood

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...

Written by Jerry Underwood

Alabama exports soar to record total in 2023, topping $27 billion

MONTGOMERY, Alabama — Governor Kay Ivey announced today that Alabama companies exported goods and services worth over $27.4 billion in 2023, setting a new annual record for the second consecutive year and underscoring the resilience of the state’s economy. The value of last year’s...

Written by Jerry Underwood

Firm acquires North Alabama industrial facility, eyes aerospace hub

MUSCLE SHOALS, Alabama — AE Industrial Partners (AEI), a private equity firm specializing in aerospace, national security and industrial services, today announced that its affiliate Rocket Shoals LLC has acquired a sprawling industrial facility in Colbert County with plans to redevelop it as an...

Written by Jerry Underwood

Myer Companies plans expansion project creating 26 jobs in Mobile County

MOBILE, Alabama — Myer Companies LLC plans to expand its Mobile County industrial operations with a new facility to house its coatings department, creating 26 jobs, according to the Mobile Chamber. Myer, which offers engineering, fabrication, repair and other services to customers in several...

Written by Jerry Underwood

Primordial Ventures selects Birmingham for medical supplies production hub

BIRMINGHAM, Alabama — Alabama Commerce Secretary Ellen McNair announced today that startup Primordial Ventures plans to launch a manufacturing operation in Birmingham to produce high-quality medical supplies and ensure a dependable domestic production pipeline for these goods. Primordial Ventures, a veteran and minority-owned company,

Written by Jerry Underwood

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...

Written by Jerry Underwood

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