Mercedes-Benz and Polaris Industries were among Alabama’s top companies planning new facilities or expanding their operations in 2015.
Gov. Robert Bentley and the Alabama Department of Commerce released today the state’s 2015 New & Expanding Industry Report, which shows there were a total of 19,262 jobs and $7.1 billion in investment announced last year. The report does not include data on incentives tied to projects.
Limestone County led the state in job creation with 2,618 new positions thanks to Polaris’ $140 million off-road vehicle factory. The plant, which is annexed in Huntsville, will employ at least 1,700 people at full production.
Tuscaloosa County ranked No. 1 for new capital investment with projects valued at more than $1.5 billion. Mercedes-Benz’ $1.3 billion, 300-job expansion at its auto assembly plant in Vance was the county’s largest project of the year.
“My chief priority continues to be the focus of creating jobs and new opportunities for citizens across the state,” Bentley said in a statement. “This new report shows once again that Alabama is well-positioned to achieve those goals because of a skilled workforce, proven job-training programs and a business climate that promotes growth.”
The other top counties for project-related capital investment in 2015 were:
- Jefferson ($900 million)
- Jackson ($686 million)
- Mobile ($505 million)
- Limestone ($471 million)
For full story: http://www.al.com/business/index.ssf/2016/04/post_339.html