MONTGOMERY, Alabama – Companies planning new facilities or expanding existing operations in Alabama announced nearly 15,500 new jobs and more than $4.4 billion in capital investment during 2017, according to a comprehensive report detailing economic development activity in the state last year.
The 2017 New & Expanding Industry Report, released today by Governor Kay Ivey and the Alabama Department of Commerce, shows that key industrial sectors such as automotive and aerospace continue to expand. The important forest product and food production sectors also turned in strong performances last year.
“I’m committed to creating high-paying jobs that transform the lives of Alabamians and bring new levels of prosperity to communities across the state,” Governor Ivey said. “For Alabama to continue our recent success of job creation, it’s vitally important that we continue to pursue 21st Century jobs for our people.
“Momentum is on our side, and I will continue leading the charge in helping every Alabama family achieve their goals,” she added.