News
Facebook to invest $750 million in Alabama data center with 100 jobs
HUNTSVILLE, Alabama – Facebook announced plans today to build a $750 million data center in Huntsville that will create 100 high-paying jobs and provide a boost to Alabama’s emerging technology sector. Governor Kay Ivey joined Facebook officials and local leaders this afternoon at an announcement ceremony for the data center project at the Huntsville/Madison County…
Alabama officials welcome Airbus-Bombardier partnership plan
MOBILE, Alabama – Alabama officials today congratulated Airbus and Bombardier on making significant progress toward the completion of a partnership deal that could see the companies establish a new assembly line for Bombardier’s C Series passenger jets at Airbus’ Mobile facility. Aerospace giant Airbus and Canadian aircraft maker Bombardier this morning said they have received…
Alabama wins Silver Shovel Award for economic development
MONTGOMERY, Alabama – Area Development, a national publication, has selected Alabama for its Silver Shovel Award, a top honor recognizing the state’s economic development successes in 2017. In announcing the award, Area Development singled out several large-scale projects, including Mercedes-Benz’s plans to build a Global Logistics Center in Bibb County and Blue Origin’s project to…
Australia’s EOS selects Alabama for flagship U.S. facility with 100 jobs
HUNTSVILLE, Alabama – Electro Optic Systems (EOS), a Australian defense contractor specializing in remotely controlled weapon systems, announced plans today to locate its flagship U.S. manufacturing facility in technology-focused Huntsville, creating as many as 100 jobs in the first year. EOS executives joined Alabama Commerce Secretary Greg Canfield and local leaders for the announcement this…
At BIO convention, Alabama biotech firms show off promising research
BOSTON — Representatives of 10 Alabama biotech firms are attending the world’s largest industry conference this week, hoping to return home with new investments and partnerships to further their groundbreaking research in the state. More than 16,000 industry leaders from more than 70 countries are expected at the BIO International Convention in Boston. “BIO is…
Alabama bioscience delegation targets connections at BIO convention
A high-level delegation from Alabama’s bioscience industry is attending this week’s BIO International Convention, the world’s largest biotechnology conference, to make connections and build relationships that could blossom into new collaborations or investment partnerships. The Alabama delegation at BIO in Boston includes representatives from 10 different bioscience-focused companies, university officials, and leaders from major research…
Hyundai Alabama launches production of redesigned 2019 Santa Fe SUV
MONTGOMERY, Alabama – Hyundai’s Alabama auto plant today kicked off production of the redesigned 2019 Santa Fe, with plans to produce more than 84,000 models this year to meet growing demand for SUVs. The 3,200-worker Montgomery factory also produces the Sonata and Elantra sedans. Since late last year, the plant has been coordinating retooling, robot…
SEUS-Canada Alliance to kick off joint meeting in Mobile
MOBILE, Alabama — Business leaders from across Canada and the Southeastern U.S. will gather in Mobile next week to seek new trade and investment opportunities and continue to build on already strong partnerships. The 11th Annual Southeastern United States – Canadian Provinces (SEUS-CP) Alliance Conference kicks off Sunday in the Port City, with more than…
Hyundai to invest $388 million to prep Alabama plant for next-generation engines
MONTGOMERY, Alabama — Governor Kay Ivey joined Hyundai Motor Manufacturing Alabama LLC President and CEO Dong Ryeol Choi today to announce that Hyundai is investing $388 million to construct a plant dedicated to manufacturing engine heads and enhance existing operations to support production of new models of Sonata and Elantra sedans. The investment will create…
Commerce wins President’s ‘E’ Award for supporting Alabama exports
WASHINGTON, D.C. – U.S. Secretary of Commerce Wilbur Ross today presented the Alabama Department of Commerce with the President’s “E” Award for Export Service, the highest recognition an organization can receive for contributing to the expansion of U.S. exports. At a ceremony in the nation’s capital, Secretary Ross said the Alabama Department of Commerce has…