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Honda Alabama opens new logistics buildings in $85 million project

Alabama auto industry

LINCOLN, Alabama – Honda Manufacturing of Alabama today marked the official opening of its new logistics buildings, an $85 million project that further deepens the automaker’s roots in Talladega County, as well as its significant imprint on the state’s economy. The new facilities add nearly...

Written by Dawn Azok

Honda to invest $54.8 million in Alabama expansion project

Alabama auto industry

LINCOLN, Alabama -- Honda Manufacturing of Alabama continues to grow its operations in Talladega County, with a multi-phase project that will improve flexibility, strengthen efficiency and prepare for future technologies. The latest phase announced by the automaker is a $54.8 million expansion that will...

Written by Dawn Azok

Auto supplier Unipres to add 70 jobs in $40 million Alabama expansion

Alabama auto industry

STEELE, Alabama – Unipres, an automotive supplier specializing in stamping technologies, plans to invest $40 million in an expansion that will create 70 jobs at its Alabama production facility, according to the St. Clair County Economic Development Council. The expansion at the company’s production...

Written by Jerry Underwood

Alabama wins Silver Shovel Award for economic development

Alabama auto industry

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...

Written by Jerry Underwood

Hyundai Alabama launches production of redesigned 2019 Santa Fe SUV

Alabama auto industry

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.

Written by Dawn Azok

Hyundai to invest $388 million to prep Alabama plant for next-generation engines

Alabama auto industry

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...

Written by Jerry Underwood

Auto supplier SMP expands U.S. footprint at new Tuscaloosa plant

Alabama auto industry

TUSCALOOSA, Alabama – Samvardhana Motherson Peguform (SMP) today marked the official opening of a 700,000-square-foot Alabama auto parts plant with optimism that hiring could surpass initial projections. Though SMP inaugurated the Tuscaloosa plant this afternoon, the facility already has a workforce of 320 people,

Written by Jerry Underwood

Report: 2017 projects generate nearly 15,500 new jobs across Alabama

Alabama auto industry

MONTGOMERY, Alabama – Companies planning new facilities or expanding existing operations in Alabama announced nearly 15,500 new jobs and more than $4.4 billion in capital investment during 2017, according to a comprehensive report detailing economic development activity in the state last year. The 2017...

Written by Jerry Underwood

Alabama team returns home after productive talks in Japan

Alabama auto industry

TOKYO, Japan – Governor Kay Ivey said today that meetings with high-level executives from Mazda, Toyota and Honda in Japan helped to fortify the state’s relationships with the global automakers and will facilitate their growth plans in Alabama. Governor Ivey, Commerce Secretary Greg Canfield...

Written by Jerry Underwood

2017 Scorecard: Birmingham projects mean 3,000-plus new jobs

Alabama auto industry

BIRMINGHAM, Alabama – The Birmingham Business Alliance today reported that economic development activity in the seven-county Birmingham region generated more than 3,000 anticipated jobs and nearly $575 million in new capital investment in 2017. The results were announced at the BBA’s annual Regional Economic...

Written by Jerry Underwood

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