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Alabama claims Silver Shovel Award for 2015 projects

MONTGOMERY, Alabama – Alabama’s economic development team earned a Silver Shovel Award from Area Development magazine for its strong performance in 2015, keeping alive a winning streak that dates back a decade.

The publication, which targets economic developers and site selection experts, announced the award today, noting that Alabama secured 2015 projects involving $7.1 billion in new capital investment and nearly 20,000 jobs.

“Much of this growth is in key sectors such as technology, aerospace, and automotive,” Area Development noted. “This investment figure is twice the 2014 total and one of the highest annual totals in recent years. Alabama also attracted foreign direct investment approaching $3.5 billion in 2015.”

Area Development’s Gold and Silver Awards are meant to recognize individual states for their overall economic development effectiveness. Alabama has won one of the awards each year since 2006, when it won a Gold Shovel. It won another Gold in 2012, and Silver in 2013 and 2014.

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