News
Project agreement clears way for Enviva to build Sumter County wood pellet plant
LIVINGSTON, Alabama — Governor Kay Ivey joined executives with Enviva and local leaders today to announce that the company expects to invest approximately $175 million to construct a wood pellet production plant in Sumter County that would provide an economic boost to West Alabama. The proposed facility, to be located at the Port of Epes…
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 news for Alabama,” Governor Ivey said. “Alabama has become an important player…
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 $186 million in products shipped there. With $11 million in state…
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 was elected to chair the panel at the group’s inaugural meeting.…
Lockheed Martin to base hypersonic programs in Alabama, add 272 jobs
COURTLAND, Alabama – Lockheed Martin today announced plans to make North Alabama its flagship location for work on hypersonic 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 will add two new buildings at its Courtland facility for the…
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 next few years. Daikin said the expansion project will add polymer…
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 other metrics related to foreign investment in the 2019 Global Location…
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 Area Development’s 2019 survey, underscoring the state’s business-friendly environment, leading job-training…
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 inside Alabama’s unique robotics training facility, officials announced that the operation…
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 active in Alabama from research to institutional tech transfer; from startups…