News
Genpak celebrates $22.8 million renovation project at Alabama facility
MONTGOMERY, Alabama — Genpak LLC, a leading manufacturer of foodservice packaging, marked a key milestone in a $22.8 million investment project at its Montgomery production facility with a ribbon-cutting ceremony today. The project reaffirms the company’s commitment to its current workforce of 145 employees but also paves the way for 155 new job opportunities, according…
‘Working for Alabama’ package aims to supercharge state’s economic growth
MONTGOMERY, Alabama — Governor Kay Ivey today signed the “Working for Alabama” legislative package into law, with the goal of transforming Alabama’s workforce, getting more Alabamians trained for high-paying jobs, streamlining Alabama’s economic development efforts and investing into Alabama communities, especially those in rural areas. The bipartisan, six-bill package aims to streamline and make more…
Clark Gas plans distribution facility in project creating 40 jobs in Thomasville
THOMASVILLE, Alabama — Florence-based Clark Gas Co. Propane Cylinder Exchange plans to invest $10 million in a new distribution hub in Clarke County, creating up to 40 jobs over the next three years. Clark Gas has purchased a 50,000-square-foot building, owned by the City of Thomasville’s Industrial Board and located in the South Thomasville Industrial…
Meta plans to build $800 million, next-generation data center in Montgomery
MONTGOMERY, Alabama — Governor Kay Ivey announced today that technology company Meta Platforms plans to open an $800 million data center in Alabama’s capital city that will support 100 operational jobs and build on the company’s previous investment in the state. Meta’s new 715,000-square-foot, AI-optimized data center will be built off Interstate 65 in Montgomery,…
5 Alabama companies claim ‘Trade Excellence Awards’ for export success
MONTGOMERY, Alabama — Governor Kay Ivey today honored five Alabama companies for their accomplishments in selling products in markets around the world and contributing to the robust exporting activities that are sparking economic growth at home. Governor Ivey presented leaders of the companies with a 2024 Governor’s Trade Excellence Award at a ceremony this morning…
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…
Team developing new strategic economic growth plan selects research allies
MONTGOMERY, Alabama — Governor Kay Ivey announced today that a consulting firm and two Alabama universities have been selected to assist in the creation of a new strategic economic growth plan that will guide the state into the next decade and beyond. The organizations will gather comprehensive data to help a small team led by…
LIFT Academy flight training program heading to Tuskegee’s Moton Field
TUSKEGEE, Alabama — Governor Kay Ivey announced today that Republic Airways Holdings and its Leadership in Flight Training (LIFT) Academy plan to develop an advanced flight training program in Tuskegee that will prepare the next generation of aspiring pilots for high-paying career opportunities in the airline industry. LIFT is teaming with Tuskegee University and the…
OMCO Solar plans Huntsville manufacturing facility with 70 jobs
HUNTSVILLE, Alabama — Commerce Secretary Ellen McNair announced today that Phoenix, Arizona-based OMCO Solar, one of the nation’s largest manufacturers of steel structures for solar panels, plans to invest over $10 million into its second production facility in Alabama, creating 70 full-time jobs in Limestone County. OMCO is leasing Building 100 in the Huntsville West…
Rural Monroe County getting economic boost from 3 growth projects
MONROEVILLE, Alabama — Three companies have launched growth projects in Monroe County, creating as many as 30 jobs while also pumping at least $7 million in new investment into the Southwest Alabama county’s economy. The Monroeville-Monroe County Economic Development Authority (MMCEDA) said the investment figure has the potential to grow in the future, intensifying the…