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Alabama earns ‘Silver Shovel’ Award for 2021 economic development

Governor Kay Ivey announced today that Area Development, a national business publication, has selected Alabama for a Silver Shovel Award, recognizing the state’s economic development successes in 2021.

The honor reflects strong recruitment results for the Alabama team, with companies announcing new facilities and expansion projects involving $7.7 billion in new capital investment during 2021. It stands as the second highest annual investment total for the state, trailing only the $8.1 billion recorded in 2018.

These 2021 projects will create over 10,000 jobs across Alabama and inject economic vitality into many communities located in both urban and rural areas.

“High-performing companies from around the globe have discovered first-hand that they can find all the advantages they need to succeed right here in Sweet Home Alabama,” Governor Ivey said.

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