Report: 2023 growth projects to inject $6.4 billion into Alabama communities
MONTGOMERY, Alabama — Governor Kay Ivey announced today that companies launching operations or expanding existing facilities in Alabama during 2023 are poised...
MONTGOMERY, Alabama — Governor Kay Ivey announced today that companies launching operations or expanding existing facilities in Alabama during 2023 are poised...
HUNTSVILLE, Alabama — Toyota Alabama announced today that it has started production on its i-FORCE 2.4-liter turbo engine line at its Huntsville...
Sept. 30, 1993 marked a watershed moment in Alabama history. That is the day Mercedes-Benz went against the grain and chose our...
MONTGOMERY, Alabama – Governor Kay Ivey announced today that global automotive supplier Vuteq plans to invest more than $60 million to open a manufacturing facility to serve the Mazda Toyota Manufacturing U.S.A. (MTMUS) auto assembly plant in Huntsville. Japan-based Vuteq, which has operated in North...
With major new growth projects moving forward across Alabama, foreign direct investment continues to play a vital role in the state’s economy, building on a record total of foreign investment approaching $4.2 billion last year. These FDI projects represent major job-creation engines for many...
Business Facilities, a national publication that focuses on economic development, ranked Alabama’s business climate among the top states in a new analysis that evaluated a range of key economic categories. Alabama earned the No. 3 spot in the magazine’s flagship business climate ranking, while...
MONTGOMERY, Alabama -- Governor Kay Ivey announced today that 2A S.p.A., a prominent Italian die-casting company, plans to invest $15 million to expand its foundry in Auburn, where it serves as a Tier 1 supplier to major producers of automobiles and heavy trucks. The...
MONTGOMERY, Alabama – Governor Kay Ivey today announced that Motus Integrated Technologies, a Tier 1 supplier of automotive interior products to the world’s automakers, has selected the City of Gadsden, in Etowah County, as the location for its new manufacturing facility. Motus will invest...
MONTGOMERY, Alabama – German auto supplier Gerhardi Inc. today marked the official opening of its first U.S. manufacturing facility in Montgomery, a $41.6 million plant that will employ up to 235 employees. Gerhardi Managing Director Rienhard Hoffman said the company is excited to launch operations at...
Four Alabama-made vehicles have been named in the top 10 of the 2019 American-Made Index, a list of new models that contribute the most to the U.S. economy, compiled by the digital automotive marketplace Cars.com. All four are built at Honda Manufacturing of Alabama’s...
MONTGOMERY, Alabama -- Governor Kay Ivey announced today that Area Development, a national business publication, has selected Alabama for its Gold Shovel Award, recognizing the state’s economic development success in 2018. The honor follows a record year for Alabama, with companies announcing new facilities...
HUNTSVILLE, Alabama – Mazda Toyota Manufacturing USA is taking a cue from its Alabama hometown’s leadership role in the nation’s space program by naming its two assembly lines “Apollo” and “Discovery.” “Thanks to our team members’ creativity and innovative thinking, Mazda Toyota Manufacturing is...
HUNTSVILLE, Alabama – Governor Kay Ivey joined executives from auto supplier Y-tec Keylex Toyotetsu Alabama (YKTA) at a ceremony in Huntsville today to announce the company’s plans to invest $220 million to open a manufacturing facility that will create 650 jobs. The YKT Alabama...