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Bounty of projects sets stage for $1.6 billion in new Alabama investment

Alabama’s economic development team has plenty to be thankful for this November, as growth projects announced during the month are poised to pump over $1.6 billion in new capital investment into the state’s economy.

The bounty of projects, involving a range of industries from bioscience to food products and logistics, will create more than 2,000 jobs in communities from Athens to Dothan and Montgomery.

“The Alabama economic development team’s chief objective is to help spark the creation of high-quality jobs throughout the state by strategically focusing on industries with solid long-term growth prospects,” said Greg Canfield, secretary of the Alabama Department of Commerce.

“Overcoming complex challenges shows that our team is executing on this plan and delivering results that make a difference for the state and its hard-working citizens,” he added.

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FedEx plans $57M logistics facility in Dothan as Alabama hubs multiply

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