News
Aerospace, automotive summits heading to Birmingham this week
Birmingham is hosting a pair of business summits this week that showcase Alabama’s growing automotive and manufacturing industries, providing participants with high-level networking opportunities and one-on-one meetings. The conferences are the Aerospace Innovative Technology Summit (AITS), held May 7-9, and the Automotive Advanced Technology Summit (AATS), held May 8-9. Both events are taking place at…
Georgia-Pacific to invest $120 million in Choctaw County mill
NAHEOLA, Alabama — Georgia-Pacific today announced plans to invest more than $120 million to add a new tissue machine and roll storage building at its mill in Choctaw County, the latest substantial investment in the facility. The new projects continue Atlanta-based Georgia-Pacific’s modernization of the Naheola mill, which includes ongoing construction of a new biomass boiler…
Alabama team launches bio-focused trade mission to Ireland, U.K.
DUBLIN, Ireland – Business leaders and trade specialists from across Alabama are getting an up-close look at the bioscience sector in Ireland and the United Kingdom during a trade mission that seeks to spark new opportunities for nearly a dozen Alabama firms. The Alabama delegation began its mission in Dublin today with a briefing from…
Report: Alabama sets new record with $8.7B in investment, 17,000 new jobs
MONTGOMERY, Alabama – Governor Kay Ivey announced today that companies locating new facilities in Alabama or expanding existing operations invested $8.7 billion in growth projects during 2018, establishing a new annual record for the state. These economic development projects, outlined in the comprehensive 2018 New & Expanding Industry Report that’s being released today, will generate…
Milestone: First steel column rises at Mazda Toyota Manufacturing USA
HUNTSVILLE, Alabama – Mazda Toyota Manufacturing USA has marked a milestone in its $1.6 billion project to build an auto assembly plant in Alabama as the first steel column is now in place at the construction site in Limestone County. The development signals that construction is well under way on the plant, which will produce…
Alabama officials applaud Bell’s plans to build Navy helicopter in Ozark
MONTGOMERY, Alabama — Governor Kay Ivey today welcomed plans by Bell to assemble the U.S. Navy’s next-generation training aircraft in Dale County should Bell win a competition for the helicopter. “Bell could have not selected a more ideal location to conduct final assembly of the Navy’s new advanced helicopter trainer than Ozark and Dale County,”…
Alabama EV infrastructure grant program could provide model for nation
The Rebuild Alabama Infrastructure Plan could provide a significant spark for efforts to expand the network of charging stations available to drivers of electric vehicles across the state. That’s because a little noticed provision in Rebuild Alabama, approved in March to provide additional funding to improve the state’s roadways, establishes a grant program aimed at…
Blue Origin will test Alabama-made rocket engines at historic NASA site
HUNTSVILLE, Alabama – Private space company Blue Origin will refurbish the historic test stands at Marshall Space Flight Center to support testing of the BE-3U and BE-4 rocket engines built at a new Blue Origin facility in Huntsville. Test Stand 4670 served as a the backbone for Saturn V propulsion testing for the Apollo program,…
Ag equipment maker AGCO expands in Alabama with 50 jobs at new line
BREMEN, Alabama – Agricultural equipment manufacturer AGCO Corp. announced plans today to invest $5.7 million to relocate production of its Farmer Automatic Aviary Systems to Cullman County as part of a project that will create 50 jobs. Alabama Governor Kay Ivey joined company officials and local leaders at AGCO’s facility in unincorporated Bremen for a…
Supplier Toyota Boshoku to build Alabama manufacturing facility, creating 400 jobs
ATHENS, Alabama — Governor Kay Ivey joined representatives of Toyota Boshoku America and local leaders in Limestone County today to announce that the global automotive supplier plans to invest over $50 million to open a manufacturing facility in Athens, creating a total of around 400 jobs once full production is reached. The new Alabama factory…