News
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 “aerospace center of excellence.” Boca, Raton, Florida-based AEI acquired the facility…
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 industries, plans to invest $2.6 million to construct a 10,000-square-foot steel…
Gov. Ivey: Unions want to target one of Alabama’s crown jewel industries, but I’m standing up for Alabamians and protecting our jobs
Sept. 30, 1993 marked a watershed moment in Alabama history. That is the day Mercedes-Benz went against the grain and chose our state to be the home of their first U.S. manufacturing facility. It was a decision that changed the future of our state like no one could have imagined. Fast forward more than 30…
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, plans to create 30 jobs at the Alabama production facility, which…
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,…
2023 Made In Alabama Holiday Gift Guide showcases homegrown goods
Shoppers across the state, in growing numbers, are seeking out the talent and creativity of fellow Alabamians when it comes to checking off their holiday gift lists. That’s clear from the success of Alabama Goods, the retailer that opened its first shop in Homewood in 2010. Since then, the business has doubled that Homewood space,…
Appliance maker Miele selects Alabama for its first U.S. production hub
OPELIKA, Alabama — Miele, the world’s leading manufacturer of premium domestic appliances, has selected Opelika as the location for a U.S. manufacturing hub that will employ hundreds of workers, according to an announcement today by Governor Kay Ivey. Germany-based Miele is launching a long-term growth project in the East Alabama city that ultimately will create…
Sec. Canfield to join Birmingham law firm after Commerce departure
BIRMINGHAM, Alabama — Greg Canfield, who is stepping down as Alabama’s Secretary of Commerce after 12 years, will join Burr & Forman as the Birmingham law firm’s managing director of economic development on Jan. 2, 2024. During his tenure at the Alabama Department of Commerce, the state secured more than $70 billion in new investment…