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Alabama auto sector primed for growth with $1 billion in new investment

Alabama’s auto industry continues to thrive, racking up new jobs and investments in communities across the state.

Last year, there were at least 68 auto projects, for an estimated total of 3,848 jobs and $907.1 million in new capital investment, according to an analysis of the 2016 New & Expanding Industry Report. New projects announced this year push that total past $1 billion and add hundreds of more jobs.

The projects included new companies and expanding operations, which manufacture everything from intricate vehicle parts and major component systems to entire automobiles.

“Our deep roots in the auto industry keep growing deeper,” said Greg Canfield, secretary of the Alabama Department of Commerce. “Last year alone, there were new or expanding auto companies in 26 Alabama counties, showing the vast reach of auto production in Alabama.”

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Bolta marks opening of $49 million Alabama auto parts plant

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