- Economic Development
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For more than 30 years, the Mobile Area Chamber of Commerce has led the Mobile region’s economic development efforts with impressive and undeniable results. Partners for Growth, Growing Global, Investing Local plan, the latest in a strong series of programs of work, brings together a powerful coalition of public and private investors who believe in Mobile’s future; who build on its past triumphs; and who work to keep Mobile moving forward.
The Mobile Area Chamber’s economic development efforts have a strategic direction backed by funding from 140-plus business leaders, the City of Mobile and Mobile County, and led by a competent and dedicated professional staff. Mobile’s team approach is widely considered a “best practice” by peers and professionals nationwide, and these efforts have garnered repeated top rankings from national and global publications and site selectors. Most importantly, the Chamber’s economic development campaigns have delivered significant return on investment by creating and retaining jobs, elevating incomes and salaries and diversifying the Mobile area’s economic base.
Over the last decade, the Chamber’s recruiting efforts have garnered $8.33 billion in capital investment and added 14,074 jobs, including 31 new businesses recruited and 60 expansions made at existing area companies. Fifty-plus foreign based companies have operations in the Mobile area today, representing 18 different countries.
In the last few years, SSAB and Canfor Southern Pine located headquarter-operations in Mobile. The region’s distribution and logistical assets were highlighted with the announcements of a Walmart import distribution center, one of six in the county; an Amazon sortation center; and continued investments in the Mobile Container Terminal. With the Airbus-Bombardier deal projected to double Airbus’ presence locally, Continental Motors Group recommitment to Mobile as its global headquarters, announcements by AeroStar, Hutchinson and Safran, coupled with VT MAE’s 25th anniversary in Mobile, the local aerospace industry’s influence is soaring. Manufacturers including Kimberly-Clark, Lenzing, Bayer CropScience, AM/NS Calvert, Evonik and BASF made multiple investments. And the region’s shipbuilding industry remains anchored by Austal – its military contracts maintaining a workforce exceeding 4,000, making the company one of the region’s largest private employers.
These are just a few of the recent results brought to Mobile through the Chamber’s economic development efforts. By continuing the momentum, Mobile communities will share a bright future of growth and prosperity. Aggressive goals steering us through 2022 include creating 2,000 new jobs with an average annual wage of $55,000 and attracting new and expansion project capital investment of $1.25 billion.
In the following pages you will find a directory of the investors in Partners for Growth. Its these companies who make Mobile’s economic development efforts possible. Give them every consideration when seeking products and services in the Mobile area.
Partners for Growth Directory
Partners for Growth Case for Support
Mobile Alabama Economic Impact Analysis
Partners For Growth Investors