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Governor Kay Ivey announced the $100,000 financial incentive to the city of Sulligent.
The money will be used to repair the roof on a building owned by the Sulligent Industrial Development Board.
The building will be leased by Hyster-Yale group.
The company will use the 70,000 square foot building to house parts, materials and supplies.
Those products will be used to increase production of steering axels at the main plant located across the street.
Hyster-Yale has operated in Sulligent since 1971 and says the expansion will add 15 jobs.