Austal held a formal ribbon cutting ceremony on Monday, November 9 at their new state-of-the-art shipbuilding facility in Mobile. Phase I of their $200 million dollar facility is complete and was completed in record time. The new facility will help usher in new ways to increase efficiency and productivity in shipbuilding. Austal currently has approximately [...]
(6th November, 2009)
Alabama is reaping rewards from Kia’s decision to build its first U.S. assembly plant just a few miles across the state line in Georgia.
The Alabama Development Office reports Kia is responsible for more than 3,600 new jobs at automotive supplier plants located in Alabama. Those workers are employed at 34 different plants in Alabama, [...]
(5th November, 2009)
There’s a new opportunity in Opelika. Michelin Development opened an office in East Alabama Tuesday morning and said that it would begin taking applications for $2 million in low-interest loans to qualified start-up, small- and medium-sized companies in the area.
Michelin and Auburn Bank will partner in the program. The program is aimed at stimulating economic [...]