Huntsville Approves Agreements with Blue Origin and SPX Enterprises for 450+ Jobs and $200 Million Investment
The City of Huntsville has approved agreements with Blue Origin and SPX Enterprises, projected to create over 450 jobs and attract nearly $200 million in investment. Blue Origin will invest $71.4 million to expand operations and produce thrusters in Alabama, while SPX Enterprises plans a $118 million facility for cooling equipment, both benefiting from city incentives and tax exemptions.
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The City of Huntsville has approved agreements with Blue Origin and SPX Enterprises, expected to create over 450 jobs and generate nearly $200 million in capital investment. Blue Origin will invest $71.4 million to expand operations in Cummings Research Park and Jetplex Industrial Park, creating 105 jobs and establishing Alabama as its home for thruster production.
The city will provide up to $200,000 in hiring incentives. SPX Enterprises plans a $118 million production facility in Greenbrier for cooling and air-handling equipment, anticipated to create 350 jobs with a 460,000-square-foot facility.
The city will offer up to $250,000 in incentives contingent on meeting hiring and wage benchmarks through December 31, 2029. Both agreements include 10-year tax exemptions, with education-related taxes still applicable.
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