Governor Kay Ivey on Monday announced the release of the “2024 New & Expanding Industry Announcements Report,” highlighting another banner year for Alabama’s economy. The report reveals that economic development efforts in 2024 secured $7 billion in new capital investments across 224 projects, generating more than 8,500 career opportunities for Alabamians.

Governor Ivey emphasized that these results reinforce Alabama’s position as a premier destination for business growth, innovation and job creation.