Alabama is home to a diverse lineup of international companies, and the state’s business recruiters are looking to expand those ranks.
The economic development team is in Washington D.C. at the 2019 SelectUSA Investment Summit, which starts today and is the premier foreign direct investment (FDI) event in the U.S.
FDI is a significant part of Alabama’s economy. Last year alone, it came from 16 different countries, for a total of $4.2 billion in investment and 7,520 new and future jobs.
Since 2013, the state has attracted $12.8 billion in FDI, according to the Alabama Department of Commerce. It’s spread across a variety of sectors, including automotive, aerospace and bioscience.