DOING BUSINESS IN ALABAMA
Alabama Department of Commerce
334-280-4400
ed.castile@commerce.alabama.gov
madeinalabama.com
“Alabama’s pro-business climate, coupled with our focus on workforce development and innovation, continues to attract world-class companies. Our commitment to fostering growth ensures that businesses can thrive here, creating high-paying jobs and driving economic prosperity across the state.”
— Ellen McNair, Secretary,
Alabama Department of Commerce
(Photo: Adobe Stock/Sean Pavone Photo)
TARGETED GROWTH SECTORS
Automotive: Between 2020 and 2023, companies in the automobile manufacturing sector announced plans to invest around $4.6 billion in Alabama projects, creating almost 8,500 jobs.
Aerospace: Between 2020 and 2023, companies in the aerospace/aviation sector announced Alabama projects involving $1.6 billion in capital investment and 3,620 jobs.
Metals: Since the beginning of 2021, the metals sector has announced $4.6 billion in capital investment, expected to create nearly 3,800 jobs in Alabama.
TOP PROJECTS
| COMPANY | LOCATION | INVESTMENT |
| Meta | Montgomery | $800 million |
| Miele | Opelika | $393 million |
| Coca-Cola Bottling UNITED | Birmingham | $330 million |
| Austal USA | Mobile | $288 million |
| Toyota Huntsville | Huntsville | $282 million |
FEATURED LOCATIONS
FAST FACTS
Population (July 2024 est.): 5,143,030¹
Largest Cities (2024 est.): Huntsville (228,616); Birmingham (195,400); Montgomery (193,702); Mobile (181,253); Tuscaloosa (113,711)¹
Real GDP (2023): $297.5 billion²
¹ U.S. Census Bureau
² Bureau of Economic Analysis, U.S. Dept. of Commerce
Catalyst For Growth
A team led by Commerce Secretary Ellen McNair developed a new economic development strategic plan designed to guide growth through the next decade. Called Catalyst, the plan expands beyond traditional recruitment tactics to facilitate entrepreneurship, attract new talent, and promote rural development.
TOP BUSINESS FACILITIES RANKINGS
| #3 Customized Workforce Training | 2024 State Rankings |
| Top 5 Manufacturing (Job Growth) | 2024 State Rankings |
| Top 10 Aerospace/Defense | 2024 State Rankings |
| Top 10 Automotive | 2024 State Rankings |
| #2 Food Processing: Huntsville | 2024 Metro Rankings |
| #2 Most Affordable Cities (Medium): Huntsville | 2024 Metro Rankings |
| Top 5 Most Affordable Cities (Medium): Montgomery | 2024 Metro Rankings |
| Top 10 Fastest Growing Metros (%): Daphne/Fairhope/Foley | 2024 Metro Rankings |
| Top 10 Top Performing Container Ports: Port of Mobile | 2024 Metro Rankings |
