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Enterprise

World Stage: 2015 foreign investment reaches $3.4 billion

Foreign direct investment in Alabama topped $3.4 billion in 2015, as companies based in 18 different countries extended their reach into the state.

The vast majority of the 95 FDI projects were expansions, including a major addition to the Mercedes-Benz plant in Tuscaloosa County. Other auto industry investments were growth at Hyundai’s Montgomery factory and a host of supplier projects.

Meanwhile, Airbus’ aircraft manufacturing facility in Mobile spurred investment by foreign companies in the aerospace industry. Much of it came from France, where Airbus is based, signaling a more active phase of investment from that country.

Manufacturing

Germany’s Berghoff Group to open Alabama production facility

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