News
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…
Carissa Crayton named to CentrAL INC! Top 40 under 40
MONTGOMERY, Alabama – Carissa Crayton has been recognized as one of Alabama’s most promising young professionals, earning a place on the Top 40 Under 40 list featured in the March/April issue of CentrAL INC!, the central Alabama business journal, spotlighting leadership and achievement across the region. The honor places Crayton among an elite group of emerging leaders…
Auto supplier plans to spend $430 million, create more than 1,300 jobs at former Gadsden steel mill site
GADSDEN, Alabama – Global automotive supplier Minth Group Limited plans to turn a former steelmaking site in Gadsden into its largest-ever campus in a $430 million investment that will create more than 1,300 jobs, the company announced today. The project is slated for the 400-acre brownfield site that was the previous location of Republic Steel and Gulf…
Shinhwa expands Auburn operation with $37 million investment in advanced tooling capabilities
AUBURN, AL — Shinhwa Auto USA Corporation is strengthening its manufacturing footprint in Auburn with a $37 million expansion that will bring advanced tooling capabilities and vertical integration to its Alabama operations. The strategic investment incorporates Italian toolmaker SAPP S.p.A. into Shinhwa’s Auburn operations, creating approximately 20 highly skilled engineering and technical positions while positioning the…
DeKalb County secures SEEDS grants to sharpen competitive edge for industrial sites
FORT PAYNE, Alabama — DeKalb County is making a strategic investment in its industrial future. The DeKalb County Economic Development Authority has secured two Site Evaluation and Economic Development Strategy (SEEDS) grants from the State of Alabama, unlocking nearly $100,000 in funding for critical site assessment work at industrial parks in Fyffe and Collinsville. The awards are…
Faith Technologies to invest $79 million in Opelika manufacturing expansion
OPELIKA, Alabama – Faith Technologies (FTI) plans to open an advanced manufacturing facility for modular solutions in Opelika, a significant new investment that will grow the region’s skilled workforce. The company will spend more than $79 million to transform the former JoAnn Stores Distribution Center in the Northeast Opelika Industrial Park. The move will create about 200 full-time jobs with an…
Manufacturing Madness returns to celebrate the coolest thing Made in Alabama
MONTGOMERY, Alabama – Alabama’s manufacturers build some of the most technically advanced, economically vital products in the world – and now they’re going head-to-head to prove it. Manufacture Alabama has launched the second annual Manufacturing Madness: The Coolest Thing Made in Alabama, an online bracket-style competition that invites the public to celebrate the products rolling off factory…
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…
Governor Ivey announces $15.7 million in SEEDS grants, accelerating Alabama’s historic economic momentum
MONTGOMERY, Alabama – Governor Kay Ivey on Friday announced that the State Industrial Development Authority (SIDA) has approved 21 grants totaling $15.7 million under the Site Evaluation and Economic Development Strategy (SEEDS) program. The grant program is designed to strengthen Alabama’s competitiveness in securing large-scale economic development projects by accelerating the development of industry-ready sites.…
Siemens Energy plans 120 new jobs in DeKalb County in U.S. expansion
FORT PAYNE, Alabama – Siemens Energy has announced a $1 billion U.S. expansion plan, which will mean 120 new advanced manufacturing jobs for the company’s operations in Fort Payne. The global energy technology company, based in Germany, will expand production of copper and insulated electrical components for generators at the Alabama facility, which opened in 1988 and…