Economic Development has been a focus of Alabama Power for more than 90 years. We continue to provide confidential industrial site analysis and selection services at no charge. Learn more about the state we call "Amazing Alabama."
 

Automotive industry flourishes in Alabama

Mercedes is in the midst of a $290 million body shop expansion, and will build the C-Class luxury
sport/sedan in 2014 – proof the automotive hub of the South is thriving … growing … prospering …
despite the uncertain economy.

NEWS

Hyundai Heavy Industries to build $90 million transformer plant in Montgomery

Hyundai Heavy Industries has chosen Montgomery as the site of a $90 million, 220,000-square foot facility making 500-ton power transformers for the electric utility industry. Construction is scheduled to begin in August at the Interstate Industrial Park adjacent to I-65.  The plant will employ an estimated 500 people when it opens in 2012.

Hyundai Heavy Industries is a global network with six divisions: shipbuilding; offshore and engineering; industrial plant and engineering; engine and machinery; construction equipment; and Electro Electric Systems, of which Hyundai Electrical Systems Alabama Inc. will be a subsidiary.

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SPECULATIVE BUILDINGS

Alabama Speculative Buildings

Alabama recognizes the importance of having a new facility available for a prospective business to finish out to their specifications, and move into in considerably less time than constructing from the ground up. Click below to view the updated list of speculative buildings available today.Speculative Building List