Toyota to invest $106M in Alabama engine plant, add 50 jobs
HUNTSVILLE, Alabama – Toyota today announced plans to invest $106 million and add 50 jobs at its Alabama engine plant, the latest expansion for the Huntsville facility that is a key part of the automaker’s global operations. The investment will provide for a complete replacement of the current four-cylinder engine line at Toyota Motor Manufacturing…
Mercedes to launch electric vehicle production in $1B Alabama project
TUSCALOOSA, Alabama – Mercedes-Benz announced plans today to invest an additional $1 billion in its Alabama operation, where it will set up electric vehicle production and build a battery plant. In addition, the German automaker will also expand its logistics activities in the U.S. with a new Global Logistics Center and a new after-sales North…
Commerce leads trade mission to Australia and New Zealand
SYDNEY, Australia – Business and community leaders from across Alabama are traveling in Australia and New Zealand this week, seeking to boost exports and strengthen trade ties in the region. The 17-member delegation today kicked off a series of briefings with U.S. Commercial Service officials in Sydney, as well as appointments with area companies. Later…
BASF completes expansion project at Alabama catalyst plant
HUNTSVILLE, Alabama – BASF today announced the completion of an investment project to expand production at its Alabama mobile catalyst manufacturing site, which has been in operation for more than four decades. BASF said the Huntsville site expansion began 18 months ago and created 10 jobs. The company said the expansion enables it to continue creating…
World travelers: Alabama-made vehicles crisscross the globe as exports surge
From the deserts of the Middle East to urban centers across Asia and villages dotting the European countryside, vehicles made in Alabama are making a lasting impression. Exports of state-made automobiles continued to grow at an impressive rate in 2016, rising 13 percent to $7.9 billion. So far this year, the numbers are holding steady…
Alabama auto sector primed for growth with $1 billion in new investment
Alabama’s auto industry continues to thrive, racking up new jobs and investments in communities across the state. Last year, there were at least 68 auto projects, for an estimated total of 3,848 jobs and $907.1 million in new capital investment, according to an analysis of the 2016 New & Expanding Industry Report. New projects announced…
Bolta marks opening of $49 million Alabama auto parts plant
TUSCALOOSA, Alabama – Global auto parts supplier Bolta Group today announced the opening of its new $48.7 million production facility at the Tuscaloosa County Airport Industrial Park, which will employ 350 people by the end of 2018. State and local officials joined members of Bolta’s global management team at an on-site ceremony today to celebrate…
Tuscaloosa County auto supplier on track to open high-tech facility
VANCE, Alabama — A Spanish auto supplier is moving forward with a $30 million wheel assembly factory in Tuscaloosa County, a project that will create more than 70 jobs. Truck & Wheel Group plans a 127,000-square-foot, highly automated facility in Vance that will assemble, sequence and balance wheels for delivery to automotive production lines. This…
Steyr Arms to add manufacturing at Alabama operation in $2.9M expansion
BIRMINGHAM, Alabama — Steyr Arms announced today it will invest $2.9 million to add a manufacturing component to its Alabama facility, a key assembly and distribution hub for the firearms maker. The project will create up to 10 jobs, according to the Birmingham Business Alliance. The company’s Jefferson County location is its only U.S. subsidiary that…
Recruiters to showcase Alabama craft beer at investment summit
Alabama’s craft beer boom will be showcased next week at a conference that is expected to attract investors from across the globe. State business recruiters will be working the SelectUSA Investment Summit, which promotes foreign direct investment in the U.S. During the summit, held in the Washington D.C. area, they plan to serve several varieties…
