MONTGOMERY, Alabama – Alabama’s economic development successes in 2019 earned the state a pair of Top 10 rankings in “Site Selection” magazine’s...
AUBURN, Alabama – Manufacturer Borbet Alabama announced plans Tuesday to expand its Auburn operation with a $23.9 million project that will create 25...
Alabama Commerce Secretary Greg Canfield is leading a delegation of state business leaders at an international conference in Savannah, Georgia, that seeks...
DECATUR, Alabama – Daikin America Inc., marking its 25th year of operation in Alabama, plans to invest up to $195 million to add new capabilities at its Decatur production facility. The expansion will result in the addition of 50 new full-time positions over the...
MONTGOMERY, Alabama -- Governor Kay Ivey announced today that a highly respected survey of international corporate investment decisions from experts at IBM Services names Alabama as the top U.S. state for job creation from foreign investment in 2018. Alabama also scored high rankings in...
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...
PINE HILL, Alabama -- GD Copper USA announced plans today to invest $3.5 million in its Alabama precision copper products manufacturing facility and create between 30 and 40 new jobs in Wilcox County. GD Copper USA, which operates a $100 million plant in the...
Despite global trade tensions, the value of Alabama exports topped $21 billion in 2018 on increased shipments of chemicals, paper products and aerospace parts to overseas markets, figures from the U.S. Commerce Department indicate. Still, U.S. trade disputes with China and other countries that...
Business leaders from across Alabama are participating in an international conference in Tokyo this week that aims to broaden economic and cultural ties between seven Southeastern states and Japan. The 41st annual joint meeting of the Southeast U.S.-Japan and the Japan-Southeast associations, known as...
DECATUR, Alabama – GE Appliances announced plans today to invest $115 million in an expansion of its manufacturing facility in Decatur that will add 255 full-time jobs, bringing the Alabama plant’s total employment to nearly 1,300. “Our announcement today is great news for our...
WASHINGTON, D.C. -- Alabama’s business recruiters are in the nation’s capital this week, selling the state’s diverse and growing business scene to potential investors from around the world. The 2018 SelectUSA Investment Summit, which kicks off today in Washington D.C., is the premier foreign...
MOBILE, Alabama -- Business leaders from across Canada and the Southeastern U.S. will gather in Mobile next week to seek new trade and investment opportunities and continue to build on already strong partnerships. The 11th Annual Southeastern United States – Canadian Provinces (SEUS-CP) Alliance...
MONTGOMERY, Alabama -- Hyundai Power Transformers USA announced today that it is investing $33 million to increase production at its manufacturing facility in Montgomery, creating 86 new jobs. HPT said the expansion project will enable it to establish a "Smart Factory" and boost production...
Alabama may be small in size, but its ability to accommodate businesses seeking success is vast. See why companies like Mercedes, Airbus, Hyundai, and Honda have decided to call Alabama home.
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