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Enterprise

Alabama team showcases state for foreign investment at SelectUSA

WASHINGTON, D.C. — Alabama’s business recruiters are in the nation’s capital this week, selling the state’s diverse and growing business scene to potential investors from around the world.

The 2018 SelectUSA Investment Summit, which kicks off today in Washington D.C., is the premier foreign direct investment (FDI) event in the U.S.

Alabama already attracts significant amounts of jobs and investments from international companies in a broad range of industries, including automotive, aerospace, biotech and beyond.

Last year alone, the state’s FDI came from 16 different countries, totaling more than $1.2 billion in investment and 3,391 new and future jobs. Since 2013, Alabama has attracted more than $8 billion in FDI, according to data from the Alabama Department of Commerce.

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