News
Commerce’s Stimpson participating in European Union leadership program
BRUSSELS, Belgium — Christina Stimpson, the top trade expert at the Alabama Department of Commerce, is in Belgium and Greece this week to participate in the EU-US Emerging Leaders Visitors Programme, which aims to strengthen ties between the two economic blocs. The five-day event, organized by the European Union and the Embassy of Greece, is…
New venture focuses on pristine spring water in rural Alabama
MINERAL SPRINGS, Alabama — Governor Kay Ivey joined the leaders of Alabama Mineral Springs LLC today to celebrate the company’s ambitious five-year project to sustainably distribute mineral-rich water from a free-flowing spring in Chilton County. Alabama Mineral Springs LLC is officially starting production today at a $6 million bottling plant at the location where natural…
Toyota Alabama to expand production with 350 new jobs in Huntsville
Toyota is expanding the production capabilities at its Huntsville engine factory with a $282 million investment while also adding more than 350 new, high-quality jobs with long-term stability, according to an announcement today by Governor Kay Ivey. The growth project pushes the total investment in Toyota Alabama to more than $1.7 billion and affirms the…
Alabama auto industry’s rapid growth fueled by billions in new investment
For Alabama’s economic future, the pivotal moment came on Sept. 30, 1993, when executives of Mercedes-Benz arrived in Tuscaloosa with an announcement that shocked the global business community. In the months leading to that day, a Mercedes team had explored potential sites in at least 30 states as a home for the automaker’s first U.S.…
Lockheed Martin opens $18 million Alabama engineering center
HUNTSVILLE, Alabama — Defense contractor Lockheed Martin on Thursday marked the opening of the company’s new $18 million engineering facility, labs and demonstration center in Huntsville, reinforcing its already large presence in Alabama. Bethesda, Maryland-based Lockheed Martin said the 122,000-square-foot facility provides space for 500 employees who will advance national security capabilities and drive innovation…
Coca-Cola UNITED to invest $330 million in new Birmingham facility, creating 50 jobs
Governor Kay Ivey announced today that Coca-Cola Bottling Company United Inc. (UNITED) plans to invest an estimated $330 million to construct a new Birmingham Coca-Cola facility in the city’s Kingston community that is expected to create up to 50 new jobs and retain over 750 positions in the Magic City. “For over 120 years, Coca-Cola…
Conecuh County receives ‘A’ rating for potential biomass development
EVERGREEN, Alabama — The Conecuh County Commission and Ecostrat Inc., a leading company in assessing and developing biomass supply chains, announced today that the county has received an investment grade BDO Zone ‘A’ Rating for Woody Biomass. The Conecuh County Bioeconomy Development Opportunity (BDO) Zone is the first ‘A’ rating in the Alabama and extends…
Genpak celebrates $22.8 million renovation project at Alabama facility
MONTGOMERY, Alabama — Genpak LLC, a leading manufacturer of foodservice packaging, marked a key milestone in a $22.8 million investment project at its Montgomery production facility with a ribbon-cutting ceremony today. The project reaffirms the company’s commitment to its current workforce of 145 employees but also paves the way for 155 new job opportunities, according…
‘Working for Alabama’ package aims to supercharge state’s economic growth
MONTGOMERY, Alabama — Governor Kay Ivey today signed the “Working for Alabama” legislative package into law, with the goal of transforming Alabama’s workforce, getting more Alabamians trained for high-paying jobs, streamlining Alabama’s economic development efforts and investing into Alabama communities, especially those in rural areas. The bipartisan, six-bill package aims to streamline and make more…
Clark Gas plans distribution facility in project creating 40 jobs in Thomasville
THOMASVILLE, Alabama — Florence-based Clark Gas Co. Propane Cylinder Exchange plans to invest $10 million in a new distribution hub in Clarke County, creating up to 40 jobs over the next three years. Clark Gas has purchased a 50,000-square-foot building, owned by the City of Thomasville’s Industrial Board and located in the South Thomasville Industrial…