Faith Technologies Incorporated (FTI)

Project facts

Decision / announcement date

2026-02-24

Date precision

day

Sector

Industrial machinery & equipment

Facility action

New facility

Facility type

Manufacturing plant (converted DC)

Project status

Announced

Project / facility

Advanced manufacturing facility for modular solutions in purchased former JoAnn Stores distribution center

Figures & qualifications

Capital category

Committed

Capital scope

site

Jobs classification

New/Direct

Jobs basis

City: 'expected to create about 200 new full-time jobs' (approximate).

Statistical exclusion reason

Expansion band ($50M/100): outside the core $100M/250 statistical series.

Faith Technologies will invest more than $79 million in a modular electrical manufacturing facility in Opelika, creating about 200 jobs.