Skip to Content
Download Image

Report: Alabama sets new record with $8.7B in investment, 17,000 new jobs

MONTGOMERY, Alabama – Governor Kay Ivey announced today that companies locating new facilities in Alabama or expanding existing operations invested $8.7 billion in growth projects during 2018, establishing a new annual record for the state.

These economic development projects, outlined in the comprehensive 2018 New & Expanding Industry Report that’s being released today, will generate an anticipated 17,000 new jobs in communities across the state.

“By attracting this historic total for new capital investment in 2018, Alabama is showing the world that it is a prime location for business and that our skilled workers can handle every challenge,” Governor Ivey said.

“Companies from around the globe want to be part of the gold standard brand that is known as ‘Made in Alabama.’”

Download Image

Milestone: First steel column rises at Mazda Toyota Manufacturing USA

Stay connected to what's happening in Alabama now.

  • Enter your email address to receive periodic updates on the evolution of business in Alabama.

Ready to start your company's next chapter in Alabama?

Alabama may be small in size, but its ability to accommodate businesses seeking success is vast. See why companies like Mercedes, Airbus, Hyundai, and Honda have decided to call Alabama home.

Find A Site Learn More About Alabama