News
Parts maker ILJIN to invest $100M in Auburn operation, creating 160 jobs
AUBURN, Alabama — Governor Kay Ivey announced today that ILJIN, a leading automotive and industrial bearings and chassis manufacturer, is investing nearly $100 million in a new operation in Auburn. The company’s new facility will employ about 160 people and will allow ILJIN to expand into the aluminum forging market. “ILJIN’s decision to locate its…
Logistics firm TQL plans Huntsville office in expansion of Alabama footprint
HUNTSVILLE, Alabama — Total Quality Logistics (TQL), the second-largest freight brokerage in North America, announced plans today to expand its presence — and its workforce — in Alabama with a new office in Huntsville. TQL, a global leader in third-party logistics, has selected Bradford Office Park within Cummings Research Park, the nation’s second-largest research park,…
German American Chamber event showcases Alabama business opportunities
German business leaders will learn about Alabama’s advantages for potential investment projects or partnerships during an upcoming webinar coordinated by the German American Chamber of Commerce in Atlanta. The Sept. 25 webinar is part of the Chamber’s “Virtual Tour 2024 — Southern U.S.,” which is providing in-depth introductions to 11 different states in the region.…
Goldman Sachs program aims to assist small business in rural Alabama
A new initiative from investment bank Goldman Sachs is poised to support small businesses in rural Alabama, with goals that include growth and job creation. U.S. Senator Katie Britt joined representatives of Goldman Sachs in Birmingham on Friday for the launch of the bank’s “Investment in Rural Communities” initiative in Alabama. The $100 million initiative provides comprehensive…
Builders Supply Co. kicks off $10.6 million expansion project in DeKalb County
FORT PAYNE, Alabama — The Alabama Department of Commerce and Builders Supply Co. announced today that the family-owned company plans to invest $10.6 million in a new manufacturing facility in Fort Payne, creating 10 new full-time jobs. With this growth project, Builders Supply will expand its third-generation operations in Fort Payne with a new 23,000-square-foot…
Commerce selects Meghann Bridgeman as next Alabama Film Office director
MONTGOMERY, Alabama — The Alabama Department of Commerce announced today the selection of Meghann Bridgeman, president and CEO of Create Birmingham, as the next Director of the Alabama Film Office. With extensive experience in arts and economic development, Bridgeman will lead the state’s efforts to attract, support and promote general entertainment productions across Alabama. Bridgeman…
Alabama, industry leaders highlight AMP Center’s impact on EV industry
TUSCALOOSA, Alabama — State and industry leaders gathered Monday at the Alabama Mobility and Power (AMP) Center in Tuscaloosa to discuss the center’s work to support Alabama’s automotive industry through research and innovation in the electric vehicle (EV) space. The AMP Center is a world-class research and development hub for creating and sustaining modern mobility…
NASA ships Alabama-made space hardware to Kennedy for next SLS flight
HUNTSVILLE, Alabama — A key piece of space flight hardware, manufactured at Alabama’s Marshall Space Flight Center, is on its way to Kennedy Space Center in Florida for the first crewed mission of NASA’s Artemis program. Last week, Marshall workers in Huntsville rolled out the launch vehicle stage adapter (LVSA) for Artemis II and loaded…
New investments, strategies position rural Alabama for economic growth
Alabama’s rural communities are on the brink of significant economic expansion, fueled by strategic investments and targeted policies designed to create jobs and enhance infrastructure. “To ensure that we expand opportunities everywhere, my administration is committed to helping spark revival and growth in the state’s rural communities,” Governor Kay Ivey said. “While there is much…
Minority Vendor Conference in Birmingham showcases opportunities
BIRMINGHAM — Small business owners and entrepreneurs across the state can benefit from the upcoming Alabama Minority Vendor Conference and Showcase, an event dedicated to empowering small and disadvantaged businesses across the state. Scheduled to take place from 10 a.m. to 4 p.m. on Thursday, Sept. 5, in Birmingham, this showcase serves as a vital…