News
Amazon expands Alabama investment with 4 new operational sites
MONTGOMERY, Alabama – Governor Kay Ivey today announced that Amazon.com Inc. plans to open three new operations facilities in Alabama while also launching a new fulfilment center that will support customer deliveries across the state. The projects — located in Huntsville, Montgomery and Birmingham — will ultimately create over 900 jobs at the new facilities.…
Virtual SEUS-Japan meeting focuses on strong ties, growth potential
The robust economic and cultural ties between the U.S. Southeast and Japan are on full display in a virtual meeting of organizations dedicated to strengthening the long-standing relationship between seven Southern states and the Asian nation. The 43rd joint meeting of the Southeast U.S.-Japan and Japan-U.S. Southeast Associations had been set for October 2021 in…
Distillery spurs vibrancy, new development in downtown Headland
HEADLAND, Alabama – When Lloyd Keel opened a distillery in Henry County three years ago, he envisioned a hobby business built on his longtime interest in making whiskey. As a boy growing up in rural Southeastern Alabama, Keel and his buddies sometimes ran across the remains of Prohibition-era moonshine stills while they were playing in…
Telemedicine startup MomentMD establishing Alabama headquarters
BIRMINGHAM, Alabama – Florida-based telemedicine startup MomentMD is establishing a headquarters in Birmingham after receiving an investment from the Alabama Futures Fund (AFF), a seed-stage venture capital fund created to support entrepreneurial activity in the state. MomentMD has developed a comprehensive telemedicine platform designed to optimize personal health care, with an initial emphasis on serving…
Growth projects bringing 3,000 jobs to Alabama’s rural counties
Economic development activity in Alabama’s rural counties ticked higher during the first half of 2021, building on growth projects that were launched in these areas last year despite the challenges of a pandemic. Preliminary, year-to-date results from the Alabama Department of Commerce show that projects locating in Alabama’s 40 “targeted” counties will generate at least…
Lockheed Martin opens ‘digital’ hypersonics factory in rural Lawrence County
COURTLAND, Alabama — At a World War II-era Air Force base in rural Lawrence County, defense contractor Lockheed Martin this month opened one of the nation’s smartest factories, where workers will bring to life futuristic technologies to protect the U.S. Lockheed Martin says the 65,000-square-foot structure in Courtland — known as Missile Assembly Building 4,…
MTC Logistics opens $61 million cargo hub in Alabama’s ‘Port City’
MOBILE, Alabama – Baltimore, Maryland-based MTC Logistics today formally opened a sprawling refrigerated cargo facility in Mobile, a $61 million project that will add 75 new jobs and has growth potential for the future. MTC broke ground in 2019 on what is now one of the largest distribution centers of its kind in the Southeast,…
Toyota Alabama adds new V-6 engine line after $288 million expansion
HUNTSVILLE, Alabama – Toyota today officially marked the completion of a $288 million expansion project at its Alabama engine plant, where it is adding two new V-6 engines to its production lineup. State and local leaders joined Toyota officials in Huntsville this morning for an event to celebrate the next era of powertrain production at…
Southern Auto Manufacturers Alliance taps Sec. Canfield for Hall of Fame
BIRMINGHAM, Alabama — The Southern Automotive Manufacturers Alliance (SAMA), an organization representing one of the region’s most dynamic growth industries, today announced that Alabama Commerce Secretary Greg Canfield has been named to the SAMA Hall of Fame. Secretary Canfield, a key figure in the expansion of Alabama’s auto industry over the past decade, received the…
Southern Automotive Conference shines spotlight on Alabama auto growth
BIRMINGHAM, Alabama — Alabama’s expanding auto manufacturing sector will occupy center stage as industry leaders from across the region and beyond gather in Birmingham for the 14th installment of the Southern Automotive Conference, today through Friday. SAC 2021 is expected to draw more than 1,000 attendees and 200 exhibitors to the Birmingham-Jefferson Convention Complex. The…