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Enterprise

Alabama wins Silver Shovel Award for 2014 economic development

MONTGOMERY, Alabama – For the second year in a row, Alabama claimed a Silver Shovel Award from Area Development magazine for its strong record in economic development.

The publication, targeted at economic development professions and site selection experts, noted that Alabama beat out more than two dozen other states in 2014 to land Remington Outdoor Co.’s state-of-the-art manufacturing plant with more than 2,000 employees. The company plans to invest $110 million in the Huntsville facility, and has ramped up hiring.

“Meanwhile, Alabama also landed other major projects in the aerospace and automotive sectors, positioning the state’s three assembly plants to produce more than 1 million vehicles in 2015, which would comprise about 6 percent of the expected U.S. sales total of about 17 million vehicles this year,” Area Development said.

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Manufacturing

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