HUNTSVILLE, Ala. (May 6, 2020) – The Huntsville/Madison County Chamber is honored to win a prestigious Mac Conway Award for the second year in a row. This was announced in the May 2020 issue of Site Selection Magazine, released this week.
The Mac Conway Awards for Excellence in Economic Development, named in honor of Site Selection founding publisher H. McKinley “Mac” Conway, are awarded to the top local and regional U.S. economic development groups based on an index of corporate job creation and facility-related capital investment data calculated both cumulatively and per capita.
“Locations throughout the U.S. and in every region of the world compete aggressively for direct investment at home and from abroad,” says Site Selection Editor in Chief Mark Arend. “Those appearing on these rankings have demonstrated with actual project numbers and other measures that they have the location attributes most in demand by capital investors.”
The Huntsville/Madison County area has seen record growth in recent years, and that hasn’t stopped. In fact, Madison County led the state of Alabama in 2019 with $1.3 billion in new capital investment related to economic development projects. Local growth projects include announcements by companies such as Lockheed Martin, Toyota, and a host of suppliers to Mazda Toyota Manufacturing U.S.A., Inc.
“We have been very fortunate to land several large projects in recent years. These include a good mix of new companies coming in as suppliers, but also expansion for longtime community partners,” said Chip Cherry, President and CEO of the Huntsville/Madison County Chamber. “Conditions have been tough for several businesses recently, with the impact of COVID-19. We will come out of this, though, and when we do, we believe our region is positioned to hit the ground running to bring our economy back to full strength.”