News
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…
Success Plus initiative aims to add 500,000 high-skill workers
MOBILE, Alabama — A new strategic workforce development initiative targets the addition of 500,000 high-skilled employees to Alabama’s workforce by 2025 in response to increasing employer demands for the higher levels of talent needed in modern workplaces. Representatives of the Alabama Workforce Council, a group of high-level business leaders from across the state, presented Governor…
Steve Case: ‘Great things happening in Birmingham’
BIRMINGHAM, Alabama — Birmingham’s startup scene got a major boost on Wednesday, as a traveling caravan of national tech and innovation leaders met some of the city’s most dynamic entrepreneurs. The Rise of the Rest bus tour, led by America Online founder Steve Case, made stops at key centers of innovation around the Magic City.…
GE Aviation opens Alabama factory complex to produce unique materials
HUNTSVILLE, Alabama – GE Aviation opened a factory complex in Alabama today that will be the only U.S. location to produce unique materials used to manufacture ceramic components poised to revolutionize jet propulsion. The center in Huntsville is composed of two adjacent factories standing on 100 acres, where silicon carbide (SiC) materials will be mass…
Rise of the Rest bus tour to showcase Birmingham innovation ecosystem
BIRMINGHAM, Alabama — Birmingham’s entrepreneurial and innovation landscape will be in the spotlight today, as the city hosts a national tour of supporters of early-stage startups. The Rise of the Rest bus tour passes through the Magic City, where it will make stops at the National Civil Rights Institute, the makerspace MAKEbhm, downtown business incubator…