Video highlights Alabama aerospace growth for Paris Air Show
Alabama is a state on the move in the dynamic aerospace industry. Investment in the sector over the past five years has topped $1.5 billion. Exports of Alabama-made aerospace products and parts are surging. Employment is projected to spike. To make sure that growth continues, Alabama is sending a team of business recruiters, government leaders…
Gov. Ivey to lead Alabama economic development team at Paris Air Show
MONTGOMERY, Alabama – Governor Kay Ivey will lead an Alabama delegation to next week’s Paris Air Show, where the state’s leading economic development specialists will seek to build on momentum in Alabama’s growing aerospace sector. At the industry’s premier 2017 trade event, Governor Ivey and a small working team from the Alabama Department of Commerce…
Alabama wins Silver Shovel award for economic development
MONTGOMERY, Alabama – Area Development, an economic development-focused publication, awarded Alabama a Silver Shovel for solid business recruitment and support in 2016, keeping alive a winning streak stretching back a decade. In announcing the award, Area Development noted that Alabama’s economic development team continues to build on a proven track record of success. “It’s almost…
UAB students’ research work takes flight with drone technology
Drones are quickly becoming a prolific part of modern society, and students at the University of Alabama at Birmingham are doing cutting-edge research involving the flying machines. Elizabeth Bevan, a doctoral student in the Department of Biology in the College of Arts and Sciences, is using drones in her thesis project that studies the effects…
Scorecard: Alabama recruited more than 14,700 jobs in 2016
MONTGOMERY, Alabama — Companies announced plans for more than 14,700 new jobs and nearly $4.2 billion in capital investment in Alabama during 2016, according to an analysis prepared by the Alabama Department of Commerce that chronicles wide-ranging economic development activity across the state last year. The 2016 New & Expanding Industry Report released today by Governor…
Elmore County project positions GKN Aerospace for growth
TALLASSEE, Alabama — A new economic development-focused alliance in Elmore County is funding the construction of a $700,000 warehouse facility that will permit the county’s largest manufacturer, GKN Aerospace, to open up critical manufacturing floor space for new projects. The 20,000-square-foot storage depot in Tallassee is the first project launched by the Elmore County Industrial…
Aerojet Rocketdyne gives $1M for UAH Space Science Chair
HUNTSVILLE, Alabama — Aerojet Rocketdyne announced today it will fund a $1 million endowment to establish the Aerojet Rocketdyne Chair in Space Science at the University of Alabama in Huntsville (UAH). “Aerojet Rocketdyne is proud to be able to partner with the University of Alabama in Huntsville on numerous R&D initiatives related to propulsion and…
Gov. Ivey announces creation of Alabama Aviation Education Center in Mobile
MONTGOMERY — Governor Kay Ivey announced plans today to create the Alabama Aviation Education Center, a hands-on instructional facility to be located near the Airbus aircraft manufacturing facility in Mobile that aims to bolster Alabama’s workforce development efforts and inspire young people to pursue careers in the state’s growing aerospace cluster. The Aviation Education Center,…
Key factories in new GE Aviation CMC material system rising in Alabama
Aerospace giant GE Aviation is on the final phase to create its most vertically integrated, new material system ever introduced in the United States – and facilities in Alabama will play a major role. By 2020, GE Aviation is projected to have more than 750 U.S. employees dedicated to its advanced ceramic matrix composites (CMC)…
Alabama exports accelerate to $20.6 billion in 2016, breaking record
Alabama exports rose to a record level in 2016, topping $20 billion for the first time on gains from overseas shipments of Alabama-made products such as transportation equipment, chemicals and paper products. Figures from the U.S. Commerce Department show that Alabama exports totaled $20.55 billion last year, an increase of 6.4 percent from 2015’s results.…
