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Foreign direct investment has massive impact on Alabama’s economy
...building, steel processing and chemical plants make up the bulk of FDI, says Bradley Byrne, president and CEO of the Mobile Chamber. “Since 2020, over the last five years, we’ve...
Retrospect: The rise and fall of the Preston Motors Corp. Premocar
...By the time the plant opened, the company had shifted gears to an automobile with more luxurious furnishings and a new name: The Premocar. It sat on a steel frame...
Austal USA breaks ground on submarine modules facility
...July, Austal started construction on a new assembly building to enable the erection of large steel modules for Navy and Coast Guard ships. That building will provide more than 192,000...
New owners for Mobile railcar repair facility; Mobile International Airport celebrates construction milestone; Auburn...
...new terminal at Mobile International Airport, which will serve the region’s commercial passenger traffic when complete, celebrated placement of the last steel beam with a beam-signing ceremony Wednesday. Officials expect...
International Enterprises wins $89M contract for fighter displays; G&G Steels wins $18M miter gate...
...Force jets. Work will be performed in Madison. – Defense Daily G&G Steels wins $18M miter gate contract Russellville’s G&G Steel has been awarded an $18 million U.S. Army Corps...
Austal wins $450M contract to expand submarine work
...first working primarily with aluminum hulled ships. It opened a new steel panel line in 2022. It also began submarine module production in 2022, constructing and outfitting Command and Control...
U.S. Steel says plants could close if Nippon deal nixed; United Bancorporation to merge...
U.S. Steel says plants may close if Nippon deal nixed U.S. Steel, which has a mill in Fairfield, says it may close U.S. steel mills if a planned $14.1 billion...
Williams Blackstock Architects celebrates 30 years in business
...prefabricated steel processing plant on First Avenue South. The firm plans to turn the structure into a modern mixed-use center with office space, restaurants and retail stores. “The Hardwick Building...
Mobile steel producer to invest $12 million; Academy will open new Birmingham store
Mobile steel producer to invest $12 million SSAB, the international steel company, plans to invest $12 million in its Mobile operations. The investment will lead to a bigger furnace, allowing...
Austal begins work on first Coast Guard cutter
...said Dave Growden, vice president of new construction programs. “This contract exemplifies the flexibility of our workforce and importance of our steel panel line to Austal USA’s future success. Our...