Here is today's summary of economic development news, a free service of the Economic Development Partnership of Alabama, representing Alabama's private sector investment in economic development. If you enjoy NewsFlash, thank an
Hyundai to invest $388 million to prep Alabama plant for next-generation engines
MONTGOMERY, Alabama - Governor Kay Ivey joined
Hyundai Motor Manufacturing Alabama
LLC President and CEO Dong Ryeol Choi today to announce that Hyundai is investing $388 million to construct a plant dedicated to manufacturing engine heads and enhance existing operations to support production of new models of Sonata and Elantra sedans.
The investment will create 50 new jobs at the automaker's Montgomery manufacturing complex.
Hyundai Motor Manufacturing Alabama (HMMA) is preparing for the next-generation Theta III engine, which requires new technologies and components as a part of its assembly process. Nearly all of the capital investment will be spent on equipment for the engine head machining plant, including updating technology.
Alabama's Year of the Auto: $3.3 billion, 5,400 jobs
By William Thornton | email@example.com |
May 30, 2018
Alabama's auto industry is in the midst of a white hot streak, as all of its major auto manufacturers have announced expansions within the last 14 months.
In addition, a new vehicle plant began production in April, and a major joint manufacturing enterprise was announced in January.
In all, it's worth a look back at Alabama's Year of the Auto.
An Alabama Chef and Her Beloved Desserts Hit the Big Time
BIRMINGHAM, Ala. - Dolester Miles bought a pair of black slacks and a sequined blouse to wear to the James Beard Foundation awards ceremony in Chicago this month.
She wanted to look nice, even though she didn't think she was going to be chosen pastry chef of the year.
She was up against some heavy hitters. There was Margarita Manzke, whose desserts at the bistro République were declared "terrific" by Jonathan Gold in The Los Angeles Times, and Meg Galus of Boka in Chicago, whose recipes made use of toasted milk and the funk of fermented black lime.
Magic City attraction gets spotlight from national publication
Railroad Park is the top park to visit in the state, according to one national publication.
Time Money compiled a list of the best parks in each of the 50 states and District of Columbia with the help of Yelp.
The publication also crunched numbers to give readers an idea of the cost for two people to visit the city and park for three days