Alabama | Business Facilities - Area Economic Development, Site Selection & Workforce Solutions

The competition for foreign direct investment is intensifying, with locations far and wide vying to become prime destinations for FDI.


https://businessfacilities.com/2018/10/destinations-foreign-direct-investment-fdi-lives-here/
The competition for foreign direct investment is intensifying, with locations far and wide vying to become prime destinations for FDI.

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Alabama

Latest: Destinations For Foreign Direct Investment: FDI Lives Here - The competition for foreign direct investment is intensifying, with locations far and wide vying to become prime destinations for FDI.

Destinations For Foreign Direct Investment: FDI Lives Here

The competition for foreign direct investment is intensifying, with locations far and wide vying to become prime destinations for FDI.

Continental Motors Investing $75 Million In Alabama Factory

The company's “Blue Marlin” project will transform its aircraft-engine manufacturing operations at the Mobile Aeroplex into an advanced manufacturing facility.

Editor’s Picks: Incentives

Locations are crafting incentives that target specific growth sectors, provide support for entrepreneurs and attract projects, promising a bevy of high-wage, high-tech new jobs.

Honda Investing Another $54.8M in Alabama Operations

The expansion project will add more than 50,000 square feet at Honda Alabama’s Line 2 operations in Talladega County.

AL Named Best Business Climate, NV No. 1 In Growth Potential

Alabama is the state with the Best Business Climate and Nevada is the top-ranked state for Economic Growth Potential in Business Facilities' 14th Annual Rankings Report, released this week.

Business Facilities’ 2018 Metro Rankings Report

Business Facilities' 2018 Metro Rankings Report takes a look at the hot topics in economic development on the city level, including solar energy, job growth, economic growth potential, diversity, and more.

GE Appliances Investing $115M In Alabama Expansion

The company will add 255 new jobs at its refrigerator plant in Decatur, AL.

Amazon To Create 1,500 Jobs At First Alabama Fulfillment Center

The online retail giant will invest $325 million to locate its first Alabama fulfillment center in Bessemer.

Workforce Development Training & Talent Acquisition

Workforce training is still job one for locations vying to compete for high-tech projects, but talent acquisition—a.k.a. recruiting—now is a critical component for success.

Australian Defense Contractor Investing $2.5M In Alabama

Electro Optic Systems will locate its flagship U.S. manufacturing facility in Huntsville, AL, creating as many as 100 jobs in the first year. 

U.S. Tax Overhaul Makes Biotech Players Hungry For Big Deals

Industry analysts are predicting that 2018 will turn out to be a banner year for merger and acquisition activity in the biotech/pharma sector, with up to $200 billion in assets changing hands.

HudsonAlpha Receives $150,000 Grant For Bioinformatics

The grant from the Alabama Power Foundation will help HudsonAlpha Institute for Biotechnology introduce bioinformatics to students across the state.

Hyundai Power Transformers USA Expanding In Alabama

The $33 million investment will result in 86 new jobs at the company's Montgomery, AL facility. 

Snapshots: 60 Seconds With Greg Canfield, Alabama Department of Commerce

Greg Canfield, Secretary, Alabama Department of Commerce discusses landing Toyota-Mazda’s $1.6B investment, workforce development initiatives, foreign direct investment, food processing, and more.

Marine Manufacturer To Open New Alabama Plant

Scheduled to open next month, Canada-based AdvanTec's Robertsdale, AL facility will employ 46 workers.

Rex Lumber Investing $110M In Alabama

Rex Lumber Co. will invest $110 million to build a state-of-the-art lumber manufacturing facility in Pike County, AL, creating more than 110 jobs.

Google Investing $600M In Oklahoma Data Center

The Mayes County, OK data center is part of a $2.5B investment Google is making in data centers in Alabama, Oregon, Tennessee, and Virginia.

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.

International Paper Boosts Alabama Investment Over $522M

The company will increase its planned investment in its Riverdale Mill in Selma, AL as part of a strategic plan to grow its industrial packaging business.

Healthcare Tech Startup Expanding Alabama Headquarters

Pack Health will create 175 jobs over the next four years as part of its downtown Birmingham, AL expansion.

Firearms Manufacturer Creating 366 Jobs In Alabama

Kimber Mfg Inc. will invest $38 million to build a new production facility in Troy, AL.

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.

Foxconn Mega-Project Is Business Facilities’ 2017 Deal Of The Year

The $10.7-billion LCD panel production facility is expected to bring a bonanza of 13,000 new jobs to Wisconsin.

Bocar Will Invest $115M In New Alabama Plant

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

Toyota Investing Over $373M In Five U.S. Plants

The investment in manufacturing plants in Kentucky, Tennessee, West Virginia, and Missouri will support the company’s first American-made hybrid powertrain and implement Toyota's New Global Architecture at its Alabama plant.

Mercedes Investing $1B To Launch Electric Vehicle Production In Alabama

The German automaker will create more than 600 jobs at an electric vehicle production and battery plant in Tuscaloosa County, and a new Global Logistics Center in Bibb County.

Autocar Chooses Alabama For $120M Investment

The new heavy truck assembly operation will create 749 jobs at a 1 million square-foot plant in Birmingham, AL.

Bus Manufacturer Investing $25M In Alabama

New Flyer of America is planning major building renovation and expansions at its Anniston, AL production campus.

Business Tech Company Creating 300 Jobs In South Alabama

Provalus will invest $6.5 million to establish a business technology and support operation in Brewton, AL.

Orlando Leads In Jobs Surge, Huntsville Flies High In Aerospace

Orlando, FL is the top-ranked metro among Employment Leaders; Huntsville, AL is tops among Aerospace/Defense Leaders in Business Facilities' 13th Annual Rankings Report.

Austin, Charlotte, Denver Are Tops In BF’s Growth Chart

Austin, TX has been named the top metro for Economic Growth Potential in Business Facilities' 13th Annual Rankings Report.

Business Facilities’ 13th Annual Rankings Report

The 13th annual edition of our rankings report tracks growth sectors that seem to be emerging overnight from thin air in uncharted waters, telling you who’s out front in cybersecurity, offshore wind energy and the other frontiers of the 21st century.

Blue Origin To Invest $200M In Alabama Rocket Engine Facility

The spaceflight company will manufacture its BE-4 engine in a state-of-the art production facility to be built in Huntsville, AL.

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In a thriving region with industry-leading credentialing programs, a world-class engineering institute, Class A rail line, superior interstate access, and prospering internationally recognized companies like ABB, General Dynamics, and Mohawk Industries, we simply build it better!