News
Preformed Windings to employ 85 at new Alabama facility
PELL CITY, Alabama — Officials with Preformed Windings Inc. announced today that the company will locate a new manufacturing facility, its first in the United States, in Alabama. The new Pell City location will be dedicated to manufacturing HV coils for the North American market and will employ up to 85 people. Preformed Windings, a…
Italian ambassador visits Tuskegee to support Leonardo T-100 project
TUSKEGEE, Alabama – Italian ambassador Armando Varricchio and Leonardo DRS Chief Executive William Lynn III on Monday visited the historic home of the Tuskegee Airmen, where the aerospace company wants to manufacture the U.S. Air Force’s next-generation trainer aircraft. If Leonardo’s T-100 jet trainer is selected by the Air Force, the company plans to build…
International Paper to boost investment in Alabama mill to $522.7 million
SELMA, Alabama – Memphis, Tennessee-based International Paper (IP) plans to increase a planned investment in its Riverdale Mill in Dallas County to $552.7 million as it optimizes the facility’s product mix and boosts productivity. In September 2017, IP announced plans to invest around $300 million at the Selma plant as part of a strategic plan…
Birmingham startup Pack Health to create 175 jobs in expansion
BIRMINGHAM, Alabama –- Startup Pack Health plans to open a new headquarters in downtown Birmingham and anticipates hiring 175 new employees over the next four years, including programmers, developers, health advisers and other positions, according to the Birmingham Business Alliance (BBA). Pack Health has 30 employees and is renovating a building on First Avenue North…
Alabama cyber security programs ramp up amid rising threats
AUBURN, Alabama — Protecting the nation’s infrastructure, industries and sensitive information in the digital age is the focus of advanced research taking place across Alabama. Universities are boosting their research efforts in the field of cyber security, along with programs that produce highly skilled graduates. Governor Kay Ivey also recently announced the formation of a…
Toyota-Mazda plant caps Alabama auto sector’s successful year
Toyota-Mazda’s plans to build a $1.6 billion, 4,000-job auto assembly plant in Huntsville form the latest chapter in the story of Alabama’s robust auto industry, which just wrapped up another successful year. 2017 saw major investments and innovative plans for new technologies, as the state’s automakers continued to build vehicles and engines for customers around…
Toyota-Mazda selects Alabama for $1.6 billion auto plant with 4,000 jobs
MONTGOMERY, Alabama — Governor Kay Ivey joined Toyota and Mazda leaders today to announce that the automakers have selected Huntsville, Alabama, as the site of their new joint-venture manufacturing plant. The new plant will have the capacity to build 300,000 vehicles annually, with production split evenly between two lines for each company to produce a…
Kimber to open Alabama firearms manufacturing facility with 366 jobs
Governor Kay Ivey announced today that Kimber Mfg Inc., a leading U.S. firearms manufacturer, has finalized plans to open a production facility in Troy, where it will create 366 jobs and invest $38 million into the local economy over the next five years. “With talented Alabamians already manufacturing a wide range of high-quality products that…
Target deal for Shipt showcases Birmingham’s dynamic tech sector
BIRMINGHAM, Alabama – The vibrant entrepreneurial tech scene in Birmingham is once again in the national spotlight, as Target plans to buy local grocery delivery service Shipt for $550 million in a blockbuster deal. The retail giant, which announced the acquisition in December, said it will have a major impact on efforts to increase convenience…
John Soules Foods launches Alabama expansion creating 510 jobs
VALLEY, Alabama — Texas-based John Soules Foods announced plans for a production facility in Chambers County with a three-phase project that involves a total investment of $110 million and the creation of 510 jobs. John Soules Foods said it has completed the purchase of a 266,000-square-foot facility in Valley for its new Alabama operation. During…