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Nicole Jones

News / Aerospace and Defense / State

Alabama business recruitment team explores potential projects at Paris Air Show

Alabama’s business recruitment team wrapped up its efforts at the 2019 Paris Air Show Thursday, after approximately 20 appointments with high-ranking aerospace executives, along with many informal encounters with industry officials. The Alabama aerospace recruitment effort spent over three days in Paris’ Le Bourget airfield and reportedly uncovered seven potential projects. The team also advanced … Continued
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June 24, 2019

Alabama receives Gold Shovel Award for economic development efforts

Thursday, Alabama Governor Kay Ivey (R) announced that Area Development, a national business publication, has selected Alabama for its Gold Shovel Award, recognizing the state’s economic development success in 2018. “Companies from all over the world have discovered that Alabama offers the competitive advantages they need to succeed, particularly when it comes to assembling dedicated, … Continued
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June 17, 2019

Dynetics opens new manufacturing plant in Huntsville

Dynetics held a ribbon cutting ceremony last week for their new advanced manufacturing facility at their main campus in Huntsville. “I am incredibly proud of our team for having the foresight to create a facility that will be unique and adaptable to our customers’ needs. For years, we have wanted to fill a manufacturing niche … Continued
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June 4, 2019

Ivey announces YKTA will create 650 jobs at Huntsville plant

Alabama Gov. Kay Ivey (R) was in Huntsville Wednesday for a ceremony where it was announced that Y-tec Keylex Toyotestsu Alabama will create a new auto parts manufacturing plant that will create 650 new jobs. “YKT Alabama is a significant addition to the growing automotive cluster centered around the Mazda Toyota Manufacturing U.S.A. auto assembly … Continued
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May 23, 2019

Houses passes bill intended to improve use of economic incentives

The Alabama House of Representatives passed the Alabama Incentives Modernization Act on Thursday to improve the way that the state uses economic incentives. More specifically, this bill would add new tools for the attraction and expansion of businesses in rural Alabama as well as in federally designated Opportunity Zones. It also targets attracting technology companies. … Continued
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May 20, 2019

Ivey attends Hyundai engine plant grand opening

Alabama Gov. Kay Ivey joined Hyundai Motor Manufacturing Alabama LLC officials at the grand opening of its cylinder head manufacturing plant in Montgomery on Wednesday. The $388 million project has already spurred the creation of 50 jobs. The new plant in Montgomery is the third facility at HMMA to support production of more than 650,000 … Continued
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May 17, 2019

Forestry industry is driving the rural economy

The Alabama Department of Commerce released a new report this week showing that the forest industry is having a large impact on rural economies. In 2018, Westervelt Company, Rex Lumber and Great Southern Wood all announced plans for production facilities in Alabama. All combined, over 300 jobs were created at the facilities alone. In 2018, … Continued
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May 10, 2019

Alabama sets new record with 2018 economic development projects

Alabama Gov. Kay Ivey announced Thursday that companies locating new facilities in Alabama or expanding existing operations invested $8.7 billion in growth projects during 2018, establishing a new annual record for the state. These economic development projects were outlined in the comprehensive 2018 New & Expanding Industry Report. The report predicted that these investments will … Continued
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April 29, 2019