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Alabama is Business Facilities' 2015 State of the Year

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TINTON FALLS, NJ — Dec. 30 — Alabama has been named Business Facilities’ 2015 State of the Year.

“The Crimson Tide has rolled in a bevy of big-ticket projects that have provided a solid foundation for future growth,” BF Editor in Chief Jack Rogers said, announcing the magazine’s top annual award.

“With Mercedes-Benz and Airbus anchoring its top-tier positions in automotive and aerospace manufacturing, an expanding high-tech hub and forward-thinking leadership in 21st-century workforce training, Alabama has put together a winning combination that’s tough to beat,” Rogers said.

This year, Alabama snatched a coveted jewel for its high-tech hub, Google’s $600-million data center. The state also snared Polaris’s new manufacturing facility for off-road vehicles, a plant that will create more than 2,000 new jobs. These mega-projects were part of an impressive $2.7-billion haul in capital investments for the top five projects in AL in 2015.

The arrival of Mercedes-Benz in Tuscaloosa in 1993 put Alabama on the map of prime destinations for foreign direct investment. The German auto giant doubled down this year on its long-term commitment to Alabama with a $1.3-billion expansion that will add new lines for third-generation M-class SUVs, C-Class Sedans and a new GLE Coupe, among other models.

After Mercedes-Benz planted its flag in Tuscaloosa, other leading automakers–including Hyundai, Toyota and Honda–also established major manufacturing facilities in Alabama, helping the state capture the top ranking for Automotive Manufacturing Strength in BF’s 2014 State Rankings Report. This burgeoning automotive assembly cluster (producing nearly 1 million vehicles per year) also has generated a thriving auto-supply network, which this year welcomed a $530-million investment from Kamtek Inc. for a new aluminum casting line in Birmingham and Yorozu’s new $100-million auto suspension parts production line in Jasper.

 

Read Entire Article at: http://businessfacilities.com/2015/12/alabama-business-facilities-2015-state-of-the-year/

 

About Us:

 

Business Facilities is a leading full-service media brand specializing in the site selection marketplace. Through a bi-monthly magazine, e-mail newsletters, a news portal, and its LiveXchange event, Business Facilities has created a dynamic community for C-level executives and economic development organizations.

 

For More Information Kindly Contact: 

Jack Rogers

Tel:+1-732-559-1267

Toll Free: 800-524-0337

Email: jrogers@groupc.com

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