News
Auto supplier YKTA to create 650 jobs at $220M Alabama plant
HUNTSVILLE, Alabama – Governor Kay Ivey joined executives from auto supplier Y-tec Keylex Toyotetsu Alabama (YKTA) at a ceremony in Huntsville today to announce the company’s plans to invest $220 million to open a manufacturing facility that will create 650 jobs. The YKT Alabama facility will be located on the site of the Mazda Toyota…
Lockheed Martin breaks ground on new Alabama production facility
TROY, Alabama — Lockheed Martin today officially launched construction on a new missile facility at its Pike County campus, where the company is accelerating production of strike systems. Lockheed Martin said the new 225,000-square-foot facility, combined with the current cruise missile production factory on the Troy site, will provide the necessary space to meet the…
Hyundai marks opening of $388 million engine facility in Montgomery
MONTGOMERY, Alabama — Hyundai Motor Manufacturing Alabama LLC today celebrated the grand opening of its cylinder head manufacturing plant, a $388 million project that spurred the creation of 50 jobs. Governor Kay Ivey joined company officials and area leaders at the new plant in Montgomery, which is the third facility at HMMA to support production…
Auto supplier DaikyoNishikawa selects Alabama for first U.S. facility
MONTGOMERY, Alabama -– Governor Kay Ivey announced today that Japan-based DaikyoNishikawa US plans to invest $110 million to open an auto parts manufacturing facility in Huntsville to serve the Mazda Toyota Manufacturing U.S.A. assembly plant now under construction. The company, called DNUS for short, will create approximately 380 jobs at the new Alabama facility, which…
Airbus introduces workforce development programs for Mobile students
MOBILE, Alabama – Airbus today launched two new programs aimed at putting applicants with little or no aviation or aerospace experience in jobs where its A220 and A320 production facilities are located. The FlightPath9 and Fast Track programs seek to expand Airbus’ production workforce from within the Mobile community. “These are two great initiatives from…
Aerospace, automotive summits heading to Birmingham this week
Birmingham is hosting a pair of business summits this week that showcase Alabama’s growing automotive and manufacturing industries, providing participants with high-level networking opportunities and one-on-one meetings. The conferences are the Aerospace Innovative Technology Summit (AITS), held May 7-9, and the Automotive Advanced Technology Summit (AATS), held May 8-9. Both events are taking place at…
Georgia-Pacific to invest $120 million in Choctaw County mill
NAHEOLA, Alabama — Georgia-Pacific today announced plans to invest more than $120 million to add a new tissue machine and roll storage building at its mill in Choctaw County, the latest substantial investment in the facility. The new projects continue Atlanta-based Georgia-Pacific’s modernization of the Naheola mill, which includes ongoing construction of a new biomass boiler…
Alabama team launches bio-focused trade mission to Ireland, U.K.
DUBLIN, Ireland – Business leaders and trade specialists from across Alabama are getting an up-close look at the bioscience sector in Ireland and the United Kingdom during a trade mission that seeks to spark new opportunities for nearly a dozen Alabama firms. The Alabama delegation began its mission in Dublin today with a briefing from…
Report: Alabama sets new record with $8.7B in investment, 17,000 new jobs
MONTGOMERY, Alabama – Governor Kay Ivey announced today that companies locating new facilities in Alabama or expanding existing operations invested $8.7 billion in growth projects during 2018, establishing a new annual record for the state. These economic development projects, outlined in the comprehensive 2018 New & Expanding Industry Report that’s being released today, will generate…
Milestone: First steel column rises at Mazda Toyota Manufacturing USA
HUNTSVILLE, Alabama – Mazda Toyota Manufacturing USA has marked a milestone in its $1.6 billion project to build an auto assembly plant in Alabama as the first steel column is now in place at the construction site in Limestone County. The development signals that construction is well under way on the plant, which will produce…