Montgomery businesses mentioned after Alabama wins award for economic development

Several of Montgomery's recent business projects were highlighted after Alabama won the Silver Shovel Award from Area Development, a national business publication. 

“The Silver Shovel Award is yet another testament to Alabama’s strong pro-business environment and to the talented workers that help these world-class companies grow and thrive,” said Gov. Kay Ivey in a press release. “This honor demonstrates that our efforts to create good jobs and spark economic growth are producing bountiful results in Sweet Home Alabama.”

The award recognized Alabama for its economic development projects in 2022. Among those mentioned was the Hyundai EV production in Montgomery, as well as the nearby Hyundai Mobis battery module plant. 

The EV production plant was a $300 million venture that reportedly created more than 200 jobs. The battery module plant was a $205 million investment that would create more than 400 jobs. 

The $600 million Manna Beverages and Ventures manufacturing plant was also mentioned. This was reported to create 280 jobs. 

“Last year was a remarkable one for Alabama’s economic development team. Not only did these professionals secure high-impact growth projects for the state during 2022, but they also managed to set records while doing it,” said Greg Canfield, Secretary of the Alabama Department of Commerce. 

Read the full press release here.