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Alabama exports totaled a record $21.7 billion last year, thanks in large part to increased overseas shipments of automobiles, aircraft components, chemicals, paper, and minerals.


https://businessfacilities.com/2018/02/alabamas-2017-exports-set-new-record/
Alabama exports totaled a record $21.7 billion last year, thanks in large part to increased overseas shipments of automobiles, aircraft components, chemicals, paper, and minerals.

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Latest: Alabama’s 2017 Exports Set New Record - Alabama exports totaled a record $21.7 billion last year, thanks in large part to increased overseas shipments of automobiles, aircraft components, chemicals, paper, and minerals.

Alabama’s 2017 Exports Set New Record

Alabama exports totaled a record $21.7 billion last year, thanks in large part to increased overseas shipments of automobiles, aircraft components, chemicals, paper, and minerals.

2017 Economic Development Deal of the Year Honorable Mention Awards

This year’s competition was chock full of big-ticket projects and locations that pulled out all the stops to land them, so our judges convinced us that 10 of them deserved Honorable Mention Awards.

January / February 2018 Issue (Volume 51, Number 1)

The January / February 2018 Issue features the State of the Year and Deal of the Year winners, an exclusive interview with Arkansas’ governor, plus a look at utilities, automotive, food processing, and aerospace & defense.

Aisin Drivetrain Investing $16M In Indiana Expansion

The Japan-owned manufacturer of automotive and heavy equipment parts will expand its Crothersville, IN operations, creating nearly 50 jobs.

2017 State Of The Year: South Carolina

The Palmetto State’s manufacturing base gets stronger while South Carolina invokes its can-do spirit and leverages impressive resources to expand a diverse set of new growth sectors.

Tru-Tone Finishing Creating 120 Jobs In Kentucky

The family-owned company will invest $4.6 million in a new e-coating facility in Lexington, its first in the state.

Nikola Motor Company Chooses Arizona For $1B Investment

The company will create more than 2,000 jobs at its new hydrogen-electric semi-truck manufacturing headquarters facility in Buckeye, AZ.

Innovative Vehicle Solutions Expanding In South Carolina

The custom commercial vehicle builder will create 108 new jobs in Charleston County, SC.

Atlanta Lands Groupe PSA North American Headquarters

After a yearlong, nationwide search, the French automobile and motorcycle manufacturer has chosen to establish its new North American headquarters in Atlanta, GA.

Novelis Investing $300M In Kentucky Automotive Finishing Plant

The expansion will create approximately 125 new jobs and accelerate delivery of innovative, lightweight aluminum solutions to growing U.S. market.

Sumitomo Machinery Investing $10M In Virginia Expansion

The expansion of the company’s manufacturing operation in Chesapeake, VA will create 26 new jobs.

Fiat Chrysler Automobiles To Invest Over $1B In Michigan

FCA will modernize its Warren Truck Assembly to produce Ram Heavy Duty trucks, relocate truck production from Mexico, and add 2,500 new jobs.

Canada Investing Over $33M In Automotive Growth

Eleven companies in Ontario, Quebec and British Columbia will receive support from the federal government to advance automotive tech, create more than 2,600 jobs.

Collateral Damage

Experts are warning that the fine print in the new tax law may include some bad news for economic development initiatives and infrastructure projects.

Truck Manufacturer Expanding In Virginia

Amthor International will invest $7.1 million to expand its manufacturing operations in Gretna, VA, creating 90 news jobs over five years.

Alabama Lands $1.6B Toyota-Mazda Auto Plant, 4,000 Jobs

Toyota and Mazda leaders have selected Huntsville, AL for a new joint-venture manufacturing plant, with production expected to begin by 2021.

Kentucky’s Corporate Investment Hit Record $9.2 Billion In 2017

More than 17,200 jobs were announced in the Bluegrass State last year, the highest number in 17 years.

North Carolina Lands Triangle Tyre’s First U.S. Manufacturing Plant

The China-based tire maker will create 800 jobs and invest nearly $580 million at an advanced manufacturing megasite site located in Kingsboro, NC.

South Carolina Is Business Facilities’ 2017 State Of The Year

The Palmetto State takes BF's top honor by doubling down on its solid manufacturing base while diversifying into new growth sectors.

Daesol Material Georgia Creating 110 Jobs In Harris County

The manufacturer of automotive fiber padding invested $35 million to build and equip a 120,000-square-foot facility located in the Northwest Harris Business Park.

Nexteer Breaks Ground On New Manufacturing Plant In China

The automotive supplier's new Liuzhou plant will expand the company's manufacturing capabilities, as well as meet growing demands of the China and Asia-Pacific markets.

Henniges Automotive Opens New Plant In China

The global supplier of highly engineered sealing and anti-vibration systems for the automotive market has opened a new 79,500-square-foot facility in Suzhou, China.      

HELLA Expanding U.S. Headquarters, Technical Center In Michigan

The new 115,000-square-foot building in Northville, MI will feature modern design and collaborative open workspaces.

Martin Technologies Investing $6M In Tennessee

The engineering and manufacturing company will create approximately 240 jobs in Lawrenceburg, TN.

Mississippi: A Winning Recipe

Mississippi has all the right ingredients when it comes to stimulating corporate growth and success.

Toyota Boshoku Tennessee, LLC Expanding In Tennessee

The automotive components manufacturer will invest $31 million and create more than 100 new jobs in Jackson, TN.

Subaru Plans Up To 200 New Jobs In Indiana

The company will invest more than $140 million in its Lafayette, IN plant to support production of its new three-row SUV, the Subaru Ascent.

Bosch Group Growing In South Carolina

The global technology company will invest $152 million to expand its Anderson County, SC operations, creating 130 new jobs.

MANA Opens New Southeast Michigan HQ, Manufacturing Facility

Southeast Michigan's first new OEM operation in more than 25 years is part of a $230 million investment in the region. By 2020, additional projects will result in 400 more jobs and another $600 million in investment

Nexteer Breaks Ground On Asia-Pacific Technical Center In China

The nearly 323,000-square-foot facility in China’s Suzhou Industrial Park will employ approximately 1,000 workers.

Bocar Will Invest $115M In New Alabama Plant

The Tier 1 automotive supplier will create over 300 jobs in Huntsville, AL.

RV Manufacturer Launches Second Indiana Expansion This Year

Forest River will invest $2.9 million to expand in Butler, IN, creating up to 125 new jobs by 2019.

Nexen Tire Building North America Tire Technology Center In Ohio

The Richfield, OH center will provide advanced and innovative technologies for producing cutting-edge tires for the North and South American markets.

Amazonia, USA

The RFPs are in and we all can't wait for the climax of the runaway hit economic development reality show: HQ2, The Survivor.

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