5/6/2019 Group Watch: Economic Development Wins
Governor Ivey announced that companies locating in Alabama or expanding existing operations invested $8.7 billion in growth projects in 2018, setting a new record for the state. It is anticipated that the investment will generate 17,000 new jobs in communities across the state. Growth in important industry sectors including automotive and aerospace remained strong in 2018, creating momentum for future gains. Other sectors, particularly forest products, also charted a growth trajectory.