Hyundai begins production of redesigned Sonata amid new investments
MONTGOMERY, Alabama — Alabama’s Hyundai plant launched mass production of the redesigned Sonata sedan on Friday, another key milestone for the $1.8 billion, 3,000-worker Montgomery facility. The 2020 Sonata, which Hyundai unveiled last spring at the New York International Auto Show, features improved safety, technology, performance and fuel efficiency, along with an all-new sporty design…
Shinhwa Group to invest $42 million to open Auburn manufacturing plant
AUBURN, Alabama — The Shinhwa Group, an automotive parts manufacturer, plans to establish a manufacturing operation in Auburn to serve the region’s vibrant auto sector, Governor Kay Ivey announced today. “Shinhwa’s decision to invest $42 million and create 95 jobs in Auburn is great news for Alabama,” Governor Ivey said. “Alabama has become an important player…
Auto supplier DaikyoNishikawa kicks off construction on $110 million Alabama plant
HUNTSVILLE, Alabama – Governor Kay Ivey joined executives of DaikyoNishikawa US (DNUS) and local leaders at a groundbreaking event today to officially launch construction on the auto supplier’s $110 million manufacturing plant in North Alabama. The DNUS facility, which will produce plastic automotive parts for the Mazda Toyota Manufacturing U.S.A. (MTMUS) assembly plant, will employ…
Auto supplier Vuteq to create 200 jobs at Alabama parts plant
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 America for over three decades, will hire approximately 200 workers for…
Record year for foreign investment sparks growth in Alabama
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 Alabama communities. Last year, companies from 16 different countries launched projects…
Alabama earns No. 3 spot in magazine’s new business climate rankings
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 also earning high marks for workforce training, manufacturing employment and the…
2A to expand its Auburn foundry, creating over 50 jobs with $15 million project
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 expansion project at 2A USA will create more than 50 jobs…
Auto supplier Motus Integrated Technologies chooses Alabama for new plant
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 over $15 million and create 90 new jobs at the facility,…
German auto supplier Gerhardi opens first U.S. plant in Alabama
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 the state-of-the-art injection molding, electroplating and assembly plant in Alabama’s capital…
4 Alabama Honda vehicles score in Top 10 of American-made index
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 $2.6 billion, 4,500-worker auto assembly plant in Talladega County. The Odyssey…
