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Shinhwa Group to invest $42 million to open Auburn manufacturing plant

 AUBURN, Alabama – The Shinhwa Group, an automotive parts manufacturer, plans to establish a manufacturing operation in Auburn to serve the region’s vibrant auto sector, Governor Kay Ivey announced today. “Shinhwa’s decision to invest $42 million and create 95 jobs in Auburn is great...

Written by Jerry Underwood

Alabama trade mission team travels to United Arab Emirates

A team of Alabama business leaders is visiting the United Arab Emirates to explore new markets and forge key partnerships in this important gateway for commerce across the Middle East and North Africa. Last year, the UAE was Alabama’s 19th largest export market, with...

Written by Jerry Underwood

Secretary Canfield to chair Alabama panel studying impact of AI technologies

MONTGOMERY, Alabama – Greg Canfield, secretary of the Alabama Department of Commerce, will serve as chairman of the new Alabama Commission on Artificial Intelligence (AI) and Associated Technologies, a panel that will explore how the state should prepare for the impact of future technologies. Secretary Canfield...

Written by Jerry Underwood

Lockheed Martin to base hypersonics programs in Alabama, add 272 jobs

COURTLAND, Alabama – Lockheed Martin today announced plans to make North Alabama its flagship location for work on hypersonics programs, with plans to open a new production facility and hire nearly 275 people, including engineers. At a groundbreaking ceremony today, Lockheed Martin said it...

Written by Jerry Underwood

Daikin plans $195 million expansion at Decatur plant with 50 new jobs

DECATUR, Alabama – Daikin America Inc., marking its 25th year of operation in Alabama, plans to invest up to $195 million to add new capabilities at its Decatur production facility. The expansion will result in the addition of 50 new full-time positions over the...

Written by Jerry Underwood

IBM report ranks Alabama No. 1 for jobs from 2018 foreign investment

MONTGOMERY, Alabama -- Governor Kay Ivey announced today that a highly respected survey of international corporate investment decisions from experts at IBM Services names Alabama as the top U.S. state for job creation from foreign investment in 2018. Alabama also scored high rankings in...

Written by Jerry Underwood

Alabama ranks No. 4 in publication’s 2019 ‘Top States for Business’ survey

Alabama ranked near the top of Area Development magazine’s 2019 “Top States for Business” survey, continuing a streak of high rankings in the national publication’s annual analysis. Overall, Alabama earned a No. 4 ranking and Top 10 marks in 11 different individual categories in...

Written by Jerry Underwood

At Alabama robotics facility, officials unveil expansion of training program

DECATUR, Alabama – Ivanka Trump, advisor to the president, joined leaders of Toyota Motor North America and the National Association of Manufacturers (NAM) at the Alabama Robotics Technology Park to announce an expansion of a program to develop skilled workers. At an event held...

Written by Jerry Underwood

BIO Alabama names director as bioscience sector growth is targeted

BIO Alabama said today that experienced healthcare executive Sonia Robinson has joined the statewide bioscience trade association as its first full-time executive director, leading efforts within the sector to grow employment, increase research development and expand international trade. “The entire life sciences ecosystem is...

Written by Jerry Underwood

Officials mark opening of Henry County sawmill after $40 million investment

ABBEVILLE, Alabama — State and local leaders on Tuesday marked the official opening of Abbeville Fiber LLC, a state-of-the-art sawmill that will employ 115 people in Henry County once the facility is fully staffed. The project represents the largest economic development project in the...

Written by Jerry Underwood

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