Alabama leaders seek to strengthen bonds at SEUS Japan 40
GREENVILLE, South Carolina – Business leaders from across Alabama are participating in an international conference that seeks to strengthen economic and cultural ties between the Southeastern U.S. and the country of Japan. The 40th Annual Joint Meeting of the Southeast U.S.-Japan & Japan-U.S. Southeast Associations, known as SEUS Japan 40, is being held in Greenville,…
SSAB to move U.S. headquarters to Alabama, creating 60 jobs
MOBILE, Alabama – SSAB Americas, a division of global steelmaker SSAB, announced plans this morning to relocate the division’s head office from suburban Chicago to Mobile, a move that will bring 60 jobs to Alabama. Since 2001, the company has operated a steel mill in nearby Axis, which employs nearly 600 workers and produces more…
Southern Automotive Conference brings industry leaders to Alabama
BIRMINGHAM, Alabama – Key auto industry decision makers from across the Southeastern U.S. and beyond will be in Alabama this week to learn about new innovations, share solid business practices and build stronger relationships with their colleagues. The Southern Automotive Conference, which kicks off Wednesday at the Birmingham-Jefferson Convention Complex, features a lineup of industry…
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…
