Auto supplier Valeo plans manufacturing site in Alabama with 70 jobs
BESSEMER, Alabama — Automotive supplier Valeo North America announced today that it will invest $5 million in a facility in Jefferson County, creating 70 jobs and providing another boost to the Birmingham region’s presence in the auto manufacturing industry. The Birmingham Business Alliance announced Valeo’s plans today. “Valeo North America is pleased to announce the opening a new facility in…
5 trends powering Alabama’s economic recovery and growth in 2021
The COVID-19 pandemic threw a monkey wrench in Alabama’s economy last year, interrupting a golden period of substantial growth and casting doubt on whether the momentum could be regained. Fortunately for Alabama, the economic foundation built over the past several years looks resilient. Plus, the economic development pipeline for 2021 continues to flow with high-caliber…
Alabama’s auto industry primes for growth milestones in 2021
Alabama’s auto industry is poised for a stellar year in 2021, with plans to add thousands of new jobs along with highly-anticipated new products as companies deepen their roots in communities across the state. Automakers are in the midst of major new construction and expansions, including the Mazda Toyota Manufacturing plant in Huntsville and the…
Germany’s Heiche plans Alabama manufacturing facility with 73 jobs
MONTGOMERY, Alabama — Governor Kay Ivey announced today that Germany-based Heiche Surface Technologies plans a substantial investment to open an advanced metals coating facility in Jasper, creating at least 73 jobs and expanding Walker County’s footprint in Alabama’s auto industry. Heiche, whose customers include automakers and suppliers, will locate its manufacturing operation to a more…
Mazda Toyota Manufacturing to launch second wave of production hiring
HUNTSVILLE, Alabama – Mazda Toyota Manufacturing, the joint-venture automotive plant between Mazda Motor Corp. and Toyota Motor Corp., plans to resume the hiring of production positions at its Huntsville assembly facility on Monday. The company will make its public announcement during a Facebook event on at 3:30pm Thursday. “When you join the Mazda Toyota Manufacturing…
Hyundai to add next-gen Tucson SUV to Alabama family of vehicles
MONTGOMERY, Alabama – Hyundai announced plans today to expand the production lineup at its Alabama manufacturing plant to include the next-generation Tucson SUV, its best-selling U.S. model. During a virtual press event in Los Angeles, José Muñoz, president and CEO, Hyundai Motor North America, announced that the automaker is expanding the number of models it…
Auto supplier Mobis to invest $15.8 million in new Alabama facility
BIRMINGHAM, Alabama — Auto supplier Mobis US Alabama LLC, a subsidiary of South Korea’s Hyundai Mobis, plans to open a $15.8 million facility at the Jefferson County Metropolitan Industrial Park near Birmingham, creating 120 jobs within three years. The Birmingham Business Alliance said the production site in McCalla will become the company’s second location in…
Auto supplier IAC plans Alabama expansions creating over 180 jobs
MONTGOMERY, Alabama – Governor Kay Ivey announced today that International Automotive Components Group North America Inc. (IAC) plans to invest over $55.9 million in expansion projects that will create 182 jobs at two Alabama facilities. IAC is committing $34.3 million in new capital investment to expand its new manufacturing facility located in Tuscaloosa County. This…
Alabama business leaders meet with Ambassador Lighthizer, key trade official
VANCE, Alabama – Governor Kay Ivey and a group of Alabama industrial leaders on Friday hosted Ambassador Robert Lighthizer, the U.S. Trade Representative, at the Mercedes-Benz manufacturing complex for a high-level discussion on the Trump Administration’s trade and economic growth policies. Ambassador Lighthizer shared details about the Administration’s trade goals and heard from the Alabama…
Mercedes Alabama plant launches production of ultra-luxury Maybach
VANCE, Alabama — Workers at Alabama’s Mercedes-Benz plant have produced an all-new model that the company calls the peak of SUV luxury. The first customer-ready Mercedes-Maybach GLS 600 built in Alabama rolled off the assembly line at the Mercedes-Benz U.S. International facility in Tuscaloosa County in September. Mercedes unveiled the vehicle late last year, saying…