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Austal USA Honored as 2024 Large Company of the Year

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Construction site of Austal USA shipbuilding facility in Mobile, Alabama

News Summary

Austal USA has been awarded the 2024 Large Company of the Year at a recent luncheon in Birmingham, Alabama. The company plans to expand with new facilities, creating 2,000 jobs. Their commitment to national defense and local economy support has been recognized, making a significant impact in Mobile and the surrounding areas.

Big News for Mobile: Austal USA Takes the Spotlight!

Mobile, Alabama is buzzing with the exciting news of big recognition and even bigger plans from Austal USA! Recently, the company was honored as the 2024 Large Company of the Year at a lively luncheon in Birmingham on February 28, 2025. This event celebrated the best of the best in Alabama’s business world, and let us tell you, Austal stole the show!

The Heart of the Celebration

The luncheon, organized by Business Alabama Magazine, was a great opportunity to appreciate hardworking companies that contribute significantly to the state’s economy. The event featured its Executive Editor, who shared insights celebrating all the incredible contributions made by Alabama businesses. Austal USA’s own Vice President of Business Development was there, and he made it clear that this award was a team effort. Nothing boosts morale like acknowledging the skilled and dedicated workforce behind such mighty achievements!

Exciting Expansion Plans in the Works!

Now, here’s where things get really exciting! Austal USA is in the process of constructing a new final assembly building dedicated to Navy and Coast Guard surface ships, alongside a cutting-edge submarine module production facility. These new facilities are expected to add a whopping 2,000 jobs to the Mobile area. Just imagine the impact this will have on the community!

The Backbone of National Defense

Austal USA, which is nestled right in Mobile, isn’t just any shipbuilder. This company is working hard to enhance national defense by manufacturing a range of ships for the U.S. Navy and Coast Guard, both in aluminum and steel. It’s quite impressive that they currently have a mind-blowing $10 billion production backlog, featuring 12 new construction programs and nine surface ships currently being built.

Celebrating Achievement and Safety

In the shipbuilding world, Austal USA stands tall as the world’s top aluminum shipbuilder. They have also earned their place as the No. 5 high-tech manufacturer in Alabama and No. 1 industrial employer in Mobile. Safety is paramount at Austal, as shown by their 27 national industry safety awards over 25 thriving years in operation. Those accolades don’t come easy!

A New Hub for Submarine Manufacturing

Recently, as if that news wasn’t excited enough, Austal celebrated a groundbreaking ceremony for their new submarine module manufacturing facility (MMF3). This massive complex will cover 369,600 square feet and will focus on crafting structural assemblies specifically for Columbia-class and Virginia-class submarines. Talk about being at the forefront of innovation!

Impacting the Local Economy

The investment in this expansion adds up to an impressive $750 million. This move is expected to create a *ripple effect* throughout the local economy in Mobile County, providing job opportunities and spurring growth. The community can anticipate a tremendously positive shift as these developments come to life.

Supporting Local Businesses

In 2023 alone, Austal engaged over 250 suppliers based in Alabama, contributing approximately $115 million to their projects. We’re thrilled to see that over 185 small businesses are among these suppliers, proving that the growth of Austal brings a shared prosperity to its surrounding community.

A Vision for the Future

The recent expansion efforts garnered praise from leaders across Alabama, who noted that such developments indicate the state’s growing leadership in the defense industry. The exciting growth in Mobile is thanks to the dynamic combination of ambition, innovation, and collaborative efforts both within Austal and the wider business community.

In short, Mobile, keep your eyes peeled for big changes! With Austal USA leading the charge, there’s no denying that the future looks bright.

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