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Half a Billion Dollars in Capital Investments highlighted in Success Starts Here Tour

It is the second largest number since the Chamber began to maintain records 25 years ago.

Post Date:12/07/2018 10:44 AM
Today the Montgomery Area Chamber of Commerce held its ninth annual Success Starts Here Tour, highlighting the record-breaking growth of existing industries this year. The $546,688,066 in capital investments is the largest investment number for Montgomery County since Hyundai Motor Manufacturing Alabama announced the selection of Montgomery over 15 years ago.  It is the second largest number since the Chamber began to maintain records 25 years ago. These partnerships, which include a $37M investment to acquire the F-35 Fighter for the 187th Fighter Wing at Dannelly Field, have helped secure more than 8,300 existing local jobs.

Success Starts Here attendees included elected officials, community business leaders and local media. Following a news conference at the Business Resource Center, attendees traveled by bus to three industries highlighted on the 2018 tour: DAS North America, a Korean auto part supplier; Whitfield Foods, an award-winning manufacturer of food products for over 100 years; and Hyundai Power Transformers USA, a leading manufacturer in the power industry.

“The millions of dollars these companies and many others are investing here, demonstrate Montgomery’s ability to retain and grow business, particularly manufacturing,” said Todd Strange, Mayor of Montgomery.

“Partnership is key to the recruitment and retention of business in Montgomery,” said Montgomery County Commission Chairman Elton Dean. “Partnership between the County, City, Chamber and the business community position companies, like those we celebrate today, to invest and grow here – keeping vital jobs and attracting new talent to our region.”

“This record-breaking year shows our support and commitment to our existing industries,” said Montgomery Area Chamber of Commerce Chairman Judge Charles Price. “These expanding industries employ more than 8,300 people. By investing in our local facilities, these companies are creating, and even more importantly, preserving jobs in our community. This is the heart of the mission of the Montgomery Area Chamber of Commerce.”

Editor’s Note: For high-res photos, visit http://bit.ly/SSH18PIX.

ABOUT MONTGOMERY
Montgomery, Alabama USA fosters a business-friendly environment and understands that a healthy mix of large and small businesses constitutes the lifeblood of the city and region. A long history of trusted public-private partnership between the city, county, state and local business leadership creates an inviting business ecosystem. Montgomery is built on a dynamic history rooted in revolution as the center of both the Civil War and the Civil Rights Movement. On the forefront of cutting-edge development, Montgomery is attracting new businesses with its open internet exchange and opportunities for business growth, and new residents are coming for the city's work culture, transportation options and quality of life, including a revitalization of unique spaces in historic downtown with new attractions and diverse entertainment options. For more information, visit www.choosemontgomery.com.
 

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