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Mobile – a Hub for Foreign Direct Investment and Exports

Business View – July 2020 / International Business

 

More than two decades ago, the Mobile Area Chamber’s economic development team started seeing a large number of foreign-based investments here. That, coupled with U.S.-based companies increasing their exports, were reasons the Chamber knew it needed to expand its outreach.

 

With infrastructure assets in Mobile that rival port communities across the nation, the Chamber created an international business division in 1997 to support an ever-growing export market of commodities ranging from agriculture to coal to forest products and more. The Chamber opened the door for what turned out to be explosive growth in foreign-based investment in Mobile that continues as many of these once-recruited companies expand operations. The results have enhanced Mobile’s global competitiveness and created quality jobs and economic stability through international engagement.

 

While the COVID-19 pandemic is having a devastating impact on global markets and supply chains, the Chamber’s work to grow Mobile’s international business community remains at the forefront.

 

On the pages to follow, take a look at some areas of work; learn more about the Port of Mobile’s long-term plans for growth; better understand the trade agreement replacing NAFTA; and meet some people who have moved here from other countries and now call Mobile home.

 

 

CLICK HERE TO READ THE BUSINESS VIEW – JULY 2020

Additional information is on the Mobile Area Chamber of Commerce’s website at mobilechamber.com, on Facebook at @MobileChamber and Twitter at @MobileChamber.