Incentives Records
Displaying 25 results
| Effective Date | Company Name | County | Estimated Capital Investment | Estimated Number of New Jobs | Estimated Average Hourly Wage | Estimated Value of Jobs Credit | Estimated Value of Investment Credit | Cash Incentive | Projected 10-Year Return on Investment | Projected 20-Year Return on Investment |
|---|---|---|---|---|---|---|---|---|---|---|
| 7/26/2023 | TrendCo LLC* | Macon | $43,000,000 | 292 | $31.79 | $4,700,116 | $0 | 0 | 280% | 861% |
| 7/27/2023 | Shinhwa Auto USA Corp. | Lee | $114,010,000 | 50 | $22.85 | $829,691 | $17,101,500 | 0 | 28% | 44% |
| 8/30/2023 | Stella Source, Inc. | Jefferson | $0 | 50 | $43.27 | $1,571,121 | $0 | 0 | 241% | 608% |
| 11/6/2023 | Acclinate, Inc. | Jefferson | $40,000 | 25 | $39.90 | $940,187 | $0 | 0 | 225% | 424% |
| 12/7/2023 | Miele Manufacturing Inc. | Lee | $393,450,000 | 837 | $23.00 | $13,607,368 | $29,508,750 | 0 | 96% | 201% |
| 12/7/2023 | Brasfield & Gorrie, L.L.C. | Jefferson | $18,946,750 | 85 | $35.58 | $2,434,739 | $2,842,013 | 0 | 171% | 213% |
| 12/29/2023 | Primordial Ventures Incorporated | Jefferson | $3,279,000 | 30 | $23.00 | $668,111 | $147,555 | 0 | 176% | 362% |
| 2/5/2024 | Conecuh Sausage Company, Inc. | Covington | $57,750,000 | 110 | $15.92 | $331,344 | $12,993,750 | 0 | 63% | 76% |
| 2/7/2024 | Douglas Manufacturing Co., Inc. | St. Clair | $11,678,500 | 50 | $21.63 | $764,611 | $1,751,775 | 0 | 128% | 291% |
| 2/14/2024 | Topre America Corporation | Cullman | $17,300,000 | 50 | $20.62 | $748,720 | $0 | 0 | 521% | 877% |
| 3/7/2024 | Southern Roots Alabama, LLC | Houston | $16,590,000 | 120 | $16.55 | $400,528 | $1,244,250 | 0 | 217% | 457% |
| 3/12/2024 | OMCO Southeast, LLC | Limestone | $8,315,000 | 70 | $23.52 | $1,163,741 | $0 | 0 | 726% | 1035% |
| 4/9/2024 | Two Rivers Lumber Co., LLC | Coosa | $115,000,000 | 130 | $24.39 | $2,988,235 | $25,875,000 | 0 | 70% | 112% |
| 4/17/2024 | Leadership in Flight Training Academy, LLC | Macon | $27,000,000 | 35 | $35.97 | $1,208,885 | $4,050,000 | 0 | 84% | 110% |
| 5/1/2024 | Dotier LLC | Montgomery | $840,000,000 | 50 | $38.46 | $0 | $42,000,000 | 0 | 17% | 17% |
| 5/29/2024 | CModel Data Inc. | Jefferson | $120,000 | 80 | $36.06 | $2,718,614 | $0 | 0 | 161% | 340% |
| 6/7/2024 | Allied Mineral Products, LLC | St. Clair | $23,500,000 | 13 | $19.23 | $94,225 | $1,762,500 | 0 | 49% | 177% |
| 7/9/2024 | Wheatland Tube, LLC | Jefferson | $3,902,995 | 50 | $26.75 | $945,391 | $0 | 0 | 414% | 720% |
| 8/30/2024 | Integrated Solutions for Systems, Inc. | Marion | $2,057,000 | 13 | $63.44 | $743,688 | $447,300 | 0 | 145% | 246% |
| 9/11/2024 | ILJIN America Corporation | Lee | $73,226,923 | 148 | $24.89 | $2,450,814 | $7,322,692 | 0 | 122% | 186% |
| 10/25/2024 | SpaceFactory Inc. | Madison | $2,150,000 | 25 | $30.07 | $549,001 | $0 | 0 | 288% | 539% |
| 10/25/2024 | Austal USA, LLC | Mobile | $288,600,000 | 1032 | $29.15 | $22,272,095 | $43,290,000 | 0 | 51% | 140% |
| 1/16/2025 | Birdon America, Inc. | Mobile | $27,050,000 | 136 | $26.51 | $1,188,316 | $1,352,500 | 0 | 248% | 650% |
| 2/3/2025 | The Children’s Place Services Company, LLC | DeKalb | $53,000,000 | 100 | $17.61 | $1,244,886 | $0 | 0 | 343% | 596% |
| 2/4/2025 | Fratco, Inc. | DeKalb | $12,818,500 | 57 | $22.98 | $925,784 | $1,922,775 | 0 | 186% | 279% |
*Terminated