$193,174,810 in German Foreign Direct Investments in Alabama in 2020

The 2020 New and Expanding Industry Report, released by the Alabama Department of Commerce, shows that Foreign Direct Investment continues to flow into Alabama. Germany is still going strong with $193,174,810 in investments in Alabama and the creation of 670 new jobs. Companies from 13 different countries announced plans to invest a combined $2.7 billion in Alabama during 2020, resulting in the creation of 2,700 jobs.