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Maintaining its focus on the future, Alabama is regaining economic momentum for substantial growth.


https://businessfacilities.com/2021/06/alabama-revving-up-on-the-road-to-recovery/
Maintaining its focus on the future, Alabama is regaining economic momentum for substantial growth.

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Economic development and relocation articles about the automotive industry and supporting businesses are covered here.


Latest: Alabama: Revving Up On The Road To Recovery - Maintaining its focus on the future, Alabama is regaining economic momentum for substantial growth.

Alabama: Revving Up On The Road To Recovery

Maintaining its focus on the future, Alabama is regaining economic momentum for substantial growth.

Westwater Resources Plans First U.S. Graphite Processing Plant

Alabama Graphite Products LLC will invest an initial $80 million to build a first-of-its-kind advanced graphite processing plant in Coosa County, AL.

Pace Industries Relocates HQ To Michigan

Die casting manufacturer Pace Industries will invest nearly $2 million to move its headquarters from Arkansas to Novi, MI, creating more than 60 high-wage jobs.

Two Expansion Projects Bring South Carolina $178M+ In Investment, 1,120 Jobs

Oshkosh Defense will invest $155 million and create more than 1,000 jobs; KRA Operations will invest $23.5 million and create 120 jobs.

Manufacturing: The Jobs Multiplier

A lack of ready or willing manufacturing job candidates could cost the U.S. economy up to $1 trillion unless the industry takes proactive steps.

EV Manufacturer Picks Tulsa For First Mega Microfactory

Electric vehicle (EV) maker Canoo will build its first mega microfactory on a 400-acre site at the MidAmerica Industrial Park, where it will create over 2,000 jobs.

Bridgestone Creating 250 Jobs With Kentucky Expansion

The $51 million investment in the Firestone Industrial Products’ (FSIP) plant will increase capacity to support the growing demand for advanced air suspension technology in electric vehicles.

Auto Supply, Food, Real Estate Tech Firms Bring 485 Jobs To Ohio

Major expansions by Shape Corp., Sugar Creek, and SentriLock will bring more than $55 million in investment to the Cincinnati region.

GM Investing $40M At Pontiac, MI Stamping Plant

General Motors will renovate its existing Pontiac, MI facility and install new flexible fabrication technology to support future electric vehicle production.

Lion Electric Bringing First-Ever U.S. Manufacturing Facility To Illinois

The $70 million investment by Lion Electric will pave the way for the largest all-electric commercial vehicle production plant in the U.S., create 745 jobs.

Illinois Invests $15M In Advanced Manufacturing Training Academies 

Funding from the Rebuild Illinois capital plan will establish two cutting-edge training academies to prepare workers for future jobs, boost investment in downstate communities.

Toyota To Create 1,400 New Jobs In Indiana

In its third multi-million dollar investment in four years, Toyota announced it is adding two all-new electric vehicles to the production line-up at its Princeton plant.

GM, LG Energy Solution Investing $2.3B In New Tennessee Plant

The joint venture, Ultium Cells LLC, will build a manufacturing plant in Spring Hill, TN and create 1,300 new jobs.

Michigan Governor’s Report: Standing Tall At The Crossroads Of Calamity

When a foreign pandemic invaded Michigan a year ago—and a virulent domestic pathogen threatened to topple the state government—Governor Gretchen Whitmer stood her ground.

STS Group AG To Establish First U.S. Location In Virginia

German auto parts manufacturer STS Group AG will create 120 jobs and invest $39 million in its new manufacturing facility in Wythe County, VA.

Carvana Plans New Facility In Trenton, OH

Online auto retailer Carvana will invest more than $24 million to establish a new service and distribution facility in the Cincinnati region.

BRS Offroad Establishing HQ, Manufacturing Facility In Tennessee

The offroad and luxury camper manufacturer will invest nearly $2 million and create 115 jobs in Hohenwald, TN.

Link Mfg. Building High-Tech Manufacturing, Training Facility In Iowa

Link's 50,000-square-foot expansion project sets the stage for continued growth in Sioux Center, IA and will help the company accommodate a new, broader product line.

Mullen Technologies Picks Memphis For EV Manufacturing

California-based electric vehicle (EV) maker Mullen Technologies Inc. has selected Memphis, TN for its U.S. manufacturing hub.

ElectraMeccanica Picks Arizona For U.S. Operations Base

The electric vehicle designer and manufacturer will establish its U.S.-based assembly facility and engineering technical center in Mesa, AZ.

Arrival Building Second U.S. Microfactory In North Carolina

Electric vehicle (EV) maker Arrival will invest $41.2M in a new microfactory in Charlotte, NC, bringing more than 250 new jobs to the region.

Alliance RV Plans 650 New Jobs In Indiana

Luxury RV manufacturer Alliance RV will invest more than $33 million to grow its state-of-the-art manufacturing campus in Elkhart, IN.

Electric Vehicles: Charging To The Top

Electric vehicles are no longer the wave of a distant future: 2021 will be a breakout year for e-vehicles in the wake of General Motors’ announcement that it will end production of internal combustion engines in 2035.

Trailer Manufacturer Investing $18M In Ohio Expansion

American Trailer World Corp. will create 249 jobs with a new production facility in Batavia Township in Southern Ohio.

Toyota Investing $210M In West Virginia Expansion

Toyota Motor Manufacturing West Virginia will create 100 new jobs as the company upgrades an existing engine production line in Buffalo, WV.

AIDT, Hyundai Team Up For Revolutionary Job Training

The unique job-training initiative uses virtual reality simulation to train and certify employees on critical, in-demand skills.

January / February 2021 Issue (Volume 54, Number 1)

The January / February 2021 Issue features our annual State of the Year and Deal of the Year awards. Plus, our editor's top utility picks, the future of electric vehicles, and more.

2020 Economic Development Deal Of The Year

Dozens of transformative high-tech projects vied for our 2020 Deal of The Year Award. The Tesla Gigafactory lands the biggest prize for Greater Austin, TX.

Honorable Mention Awards: 2020 Economic Development Deal Of The Year

Our 2020 Deal of the Year competition drew the most diverse (and impressive) field of projects to date, making it much tougher to narrow down our annual list of Honorable Mentions.

Microvast To Invest $220M In Tennessee Manufacturing Facility

Electric vehicle battery manufacturer Microvast will create nearly 300 jobs at a new location in Clarksville, Montgomery County, TN.

Sese Industrial Services Locating New Facility In Tennessee

Sese Industrial Services, U.S. Corp. will invest more than $42 million to build a new axle component assembly facility in Chattanooga, TN.

Valeo North America Investing $5M In Alabama Expansion

Automotive supplier Valeo North America will create 70 new jobs when it begins operations at an existing facility in Bessemer, AL. 

Kinetic Advantage Plans New Headquarters In Central Indiana

The automotive floorplan financing company will create more than 200 jobs at its expanded headquarters in Carmel, IN. 

Honda Investing $200M In Western Ohio Engine Plant Expansion

The automaker will add 120 new jobs at the Honda of America Mfg., Inc. Anna Engine Plant with help from a JobsOhio economic development grant.

Speedway Motors To Open New West Virginia Distribution Center

The manufacturer, retailer, and distributor of automotive parts and racing products will bring 25 new jobs to Kearneysville, WV.

Electric Last Mile Aims To Create Up To 960 Jobs In Indiana

The electric vehicle (EV) company intends to invest $300M to establish operations at the former AM General commercial plant in Mishawaka, IN.

Lordstown Motors Closer To First All-electric Pickup Truck Production

The Ohio Tax Credit Authority approved support for Lordstown Motors’ hub motor and battery line, taking it one step closer to producing the world’s first full-size, all-electric pickup truck in Lordstown, OH.

Hyundai TRANSYS Investing Over $240M In Georgia Expansion

Automotive parts producer Hyundai TRANSYS will create 678 jobs at a new 620,000-square-foot manufacturing facility in the West Point, GA area.

Gestamp To Invest Over $94M In Tennessee Expansion

The automotive OEM supplier will create 260 new jobs as it expands operations at its Hickory Valley Road and Ferdinand Piech Way plants in Chattanooga, TN.

GM To Invest Nearly $2B To Build EVs In Tennessee 

Fully electric vehicles, including the Cadillac LYRIQ, will be built at the Spring Hill, TN plant, General Motors’ largest facility in North America.

Business Facilities & COVID-19

Wilson County, Tennessee: Rising To The Challenge With Resilience

They call it "Wilson Strong:" devastated by a pandemic and a tornado, this Tennessee community met the challenge and kept its dreams intact.

Post-Pandemic Industrial Parks: Risk-Resilient, Resource Efficient

Industrial parks can mitigate social, health and environmental risks by embracing a resource-efficient eco-industrial concept.

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