Governor Kay Ivey on Tuesday announced the release of the 2025 New & Expanding Industry Announcements Report, marking a record year for economic development growth in communities across the state. The Alabama Department of Commerce annual report lists 234 projects last year that combined for a total capital investment of $14.6 billion, the highest annual total in state history, along with 9,388 new job commitments. “Alabama’s economy is riding a wave of historic momentum, with signs of success in every corner of our state. Innovative developments, high-quality jobs and transformative investments are ushering in an extraordinary era of prosperity, as new companies move in and existing ones expand,” said Governor Ivey. “This growth is the result of a strategic economic development plan and the hard work of a team that is focused on keeping Alabama at the forefront of a competitive global economy.” “Being a former economic developer, I knew our first opportunity was to recruit and support businesses. Since then, we have seen investments totaling $69 billion which has created 100,000+ jobs – and counting,” Governor Ivey said during her address. “Alabama consistently ranks among the top
