Alabama’s ag/food products sector surges with major investment projects
14 Nov 2024
News
When the J.M. Smucker Co. celebrated the opening of a $1.1 billion manufacturing facility in McCalla days ago, it marked another milestone in a long-running growth spurt that’s energizing Alabama’s key agriculture and food products sector.
Since early 2021, over 50 growth projects in this sector have launched statewide, paving the way for more than $3.5 billion in new investment and creating over 2,500 jobs, according to Alabama Department of Commerce data.
The agriculture and food products sector’s growth potential resulted in its designation as one of eight priority target sectors for recruitment in Alabama’s new economic development strategic plan, Catalyst.