DOING BUSINESS IN ALABAMA

Alabama Department of Commerce
334-353-0938
Ted.Clem@commerce.alabama.gov
madeinalabama.com

Doing business in Alabama

In this age of new, disruptive technologies, our team is going to continue working very hard to make sure that Alabama can successfully compete for the kind of game-changing projects that make a difference in the lives of our citizens.

— Ellen McNair, Secretary,
Alabama Department of Commerce
Doing business in Alabama
Employment in Alabama’s automotive manufacturing continues to expand, with a major boost from the state’s new assembly plant, Mazda Toyota Manufacturing in Huntsville. (Image: Mazda Toyota Manufacturing)

 TARGETED GROWTH SECTORS

Automotive: Mercedes-Benz and Hyundai are producing their first U.S.-built electric vehicles in Alabama, giving a thriving auto sector a new dimension.


Aerospace: More than 300 aerospace companies from 30 different countries have chosen Alabama, including industry giants such as Boeing, Lockheed Martin, and Airbus.


Bioscience: Alabama’s bioscience industry is growing with new private-sector investment projects valued at $230 million that will create more than 730 jobs.

 TOP PROJECTS

COMPANY
LOCATION
JOBS
First Solar
Lawrence County
700
Hyundai Mobis
Montgomery
400
Sierra Pacific
Phenix City
300
Trendco USA
Tuskegee
292
Manna Capital Partners
Montgomery
280

 FEATURED LOCATIONS

Alabama Department of Commerce

The Alabama Department of Commerce is the state’s lead economic development agency. In addition to business development activities, Commerce promotes exporting and international opportunities for Alabama companies, assists small businesses and houses the state’s primary workforce development program, AIDT.

HUDSON ALPHA

HudsonAlpha is a biotech and agtech campus accelerating innovations to the marketplace by co-locating genomic R&D, workforce training, startups, and established biosciences enterprises. Over 1000 people work on the campus, which is home to more than 45 biotech companies and the Institute’s non-profit genomic research laboratories.

 FAST FACTS

Population (July 2022 est.): 5,074,296¹
Largest Cities (2020): Huntsville (215,043); Montgomery (200,006); Birmingham (200,133); Mobile (186,411); Tuscaloosa (99,960)¹
Real GDP (2022): $213.3 billion²

¹ U.S. Census Bureau
² Bureau of Economic Analysis, U.S. Dept. of Commerce

 WORKFORCE PROGRAM

In April 2023, Gov. Kay Ivey signed a legislative package called “The Game Plan” to fortify economic development by improving Alabama’s primary incentives platform, accelerating industrial site development and supercharging growth in the state’s innovation economy.

 TOP BUSINESS FACILITIES RANKINGS

#3 Customized Workforce Training
2023 State Rankings
Top 10 Automotive
2023 State Rankings
Top 10 Manufacturing Jobs (% of workforce)
2023 State Rankings
Top 10 Manufacturing Output (% of GDP)
2023 State Rankings
Top 10 Best Aerospace/Defense
2023 State Rankings
#2 Housing Growth (Mid-Sized Cities): Mobile
2023 Metro Rankings
Top 5 Manufacturing Hubs (Small): Tuscaloosa
2023 Metro Rankings
Top 10 Manufacturing Hubs (Mid-Sized): Mobile
2023 Metro Rankings
Top 10 Most Affordable (Mid-Sized; Over 50K Pop.): Mobile
2023 Metro Rankings
Top 10 Top Performing Container Ports: Port of Mobile
2023 Metro Rankings

From the July / August 2023 issue of Business Facilities

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