Alabama Grabs No. 1 Business Climate Ranking From Publication

Alabama News Center | July 25, 2018 @ 5:00 am

By Jerry UnderwoodMade in Alabama

Business Facilities, an economic development-focused publication, ranked Alabama’s business climate tops among the states in a new analysis that examined performance in several key economic categories.

The publication cited Alabama’s successful recruitment of the Toyota-Mazda joint venture automobile manufacturing plant to illustrate the state’s appeal. The project, announced in January, calls for a $1.6 billion investment and 4,000 new jobs in Huntsville.

Besides the No. 1 ranking for Best Business Climate, Business Facilities also gave the state high marks for growth potential and workforce training.“In Alabama, they’ve nailed the economic development fundamentals — maximizing resources with regional cooperation, a diverse growth strategy, world-class workforce training — and they’re running up the score with one big-ticket project after another,” the publication writes.

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