Reviewed by: Sharron Swain
Alabama just won a Silver Shelf award for economic development—find out what this means
Reading time: 2 minutes
On Friday, June 3 Governor Ivey announced that Area Development, a national business publication selected Alabama for the Silver Shelf in recognition of the state’s vast economic development, according to Made in Alabama. Read more to find out how the state qualified for the award.
About Area Development’s Gold and Silver Shelf Award
Area Development’s Gold and Silver Awards were created to recognize states that have added high-value investment projects that will lead to the creation of more jobs. In 2021, Alabama won the Gold Shelf Award in the area of manufacturing.
This year the state got silver in the category of states with a 5-8 million population for its innovative work. Other states that won in the same category were:
- Indiana
- South Carolina
Companies within the state that achieved recognition for creating hundreds of jobs and the amount of investment in the state’s economy were:
- Rehau Automotive LLC in Cullman, AL
- The J.M Smucker Company in McCalla, AL
Alabama’s many investments
Alabama’s economic development totaled to over $7.7 billion in capital investment which includes new jobs, buildings and expansion projects. The 2021 initiatives will produce over 10,000 jobs across the state and will increase economic life in urban and rural communities.
A few Alabama companies that have contributed to that number are:
2021 was a fruitful year of economic development for the state and 2022 is proving to be another one. Will Alabama win the award again in 2023?
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