Milestone: Hyundai marks 5 million Alabama-built vehicles
MONTGOMERY, Alabama — Hyundai Motor Manufacturing Alabama’s leadership, team members, and special guests today celebrated a production milestone — the 5 millionth vehicle built at the Montgomery assembly plant. Hyundai reached the 5 million mark in a little more than 16 years, with the Alabama factory having begun production in May 2005. The milestone vehicle…
3 companies team for $40 million auto steel blanking plant in Alabama
MADISON, Alabama – Three companies with more than a century of experience in the U.S. steel and auto industries are teaming in a joint venture called Madison Metal Processing that will operate a new, $40 million factory near Huntsville. The companies collaborating in the venture are Toyota Tsusho America Inc., Southern Mobility Products and SteelSummit…
Alabama’s business climate scores near top in new rankings
Business Facilities, a national economic development publication, ranked Alabama’s business climate among the top states in an analysis evaluating key economic categories. Alabama earned the No. 5 spot in the magazine’s flagship business climate ranking, while also earning high marks for workforce training, manufacturing employment and output, and the horsepower of the state’s auto industry.…
‘Next’ campaign to showcase Alabama’s high-tech capabilities
In case you’ve missed a headline or two, Alabama is moving in a next-level direction across multiple industries. Its aerospace engineers are building future generation rockets while its scientists are unraveling genetic mysteries. At the same time, ultra-modern Alabama factories are revolutionizing how products are made and advancing mobility technologies that will change the way…
Hyundai Alabama launches mass production of Santa Cruz sport utility
MONTGOMERY, Alabama — Hyundai Motor Manufacturing Alabama (HMMA) celebrated the production launch of the all-new 2022 Santa Cruz sport utility at the automaker’s Montgomery facility on Tuesday, expanding the plant’s family of Alabama-built vehicles to five. A gray Santa Cruz, adorned with a red bow, rolled off the Montgomery plant’s assembly line during a ceremony…
Westwater Resources plans first U.S. graphite processing plant in Alabama
MONTGOMERY, Alabama — Westwater Resources Inc. announced plans today to build a first-of-its-kind advanced graphite processing plant in Coosa County, putting Alabama at the forefront in the production of an essential material in batteries that power electrical vehicles, electronics and other green energy products and equipment. Westwater said its Alabama Graphite Products LLC subsidiary plans…
Alabama wins Gold Shovel Award for 2020 economic development
MONTGOMERY, Alabama — Governor Kay Ivey announced today that Area Development, a prominent national business publication, has selected Alabama for its Gold Shovel Award, recognizing the state’s economic development success in the manufacturing sector during a challenging 2020. The honor follows a year of strong results for Alabama, with companies announcing new facilities and expansion…
Mazda Toyota Manufacturing unveils first Alabama production model
HUNTSVILLE, Alabama — Mazda Toyota Manufacturing (MTM) today announced the first vehicle in the production lineup at its Alabama manufacturing plant – the all-new Corolla Cross – following on the heels of a Toyota announcement this morning. The joint venture partnership between Mazda Motor Corp. and Toyota Motor Corp. is in a hiring boom to…
Hyundai debuts new Santa Cruz ahead of Alabama production launch
Hyundai’s newest production model — the highly anticipated 2022 Santa Cruz sport adventure vehicle — made its worldwide debut today as the automaker’s Alabama plant readies to launch its assembly. The Santa Cruz, which combines the versatile open bed of a pickup with the attributes of an SUV, made its first appearance in 2015 as…
Economic development report card shows $4.8 billion in 2020 investment
MONTGOMERY — Despite the challenges posed by the coronavirus pandemic, economic development activity across Alabama in 2020 generated close to $5 billion in new capital investment and almost 10,000 job commitments, Governor Kay Ivey announced today. With significant growth projects recorded in key strategic industrial sectors, Governor Ivey said the activity will strengthen the foundations…
