HUNTSVILLE, Ala. (Sept. 25, 2020) – Today the Huntsville/Madison County Chamber is announcing a number of economic development projects that will bring 510 new jobs and more than $71 million in investment to the community. This announcement includes eight companies that have expanded or located here this year, but have not had an announcement.
“We want to celebrate every expansion, but this year, it has been challenging to do that in a safe way,” said Lucia Cape, the Chamber’s senior vice president of economic development. “These companies are important to our community and to the people they employ, and we want to recognize their growth.”
Year to date for 2020, new projects, expansions, and increased scope of previously announced projects will result in 852 new jobs and more than $1 billion in new capital investment in the Huntsville Metro.
“With COVID-19, this has certainly been a challenging year, but in spite of all that is happening, Huntsville still continues to see job growth in all parts of our City,” said Huntsville Mayor Tommy Battle. “Whether it’s Torch Technologies in South Huntsville, Dynetics in Cummings Research Park, or TriRx in Chase Industrial Park, there are buildings going up and sites being delivered. When you combine that with the ongoing work at North Huntsville Industrial Park with Facebook and Toyota and the numerous projects at Mazda Toyota, it’s a remarkable statement to the resiliency of the Huntsville market and its industries.”
“Throughout 2020, Madison County and Huntsville have continued the work in bringing new and innovative business and industry to our community while also supporting expansions among our industry partners,” said Madison County Commission Chairman Dale W. Strong. “Our diverse economy continues to be robust year after year. With a focus on workforce development the future of the Rocket City and Redstone Arsenal will continue to drive the economy of Alabama and southern Tennessee.”
“It is exciting to see these quality organizations continuing to grow, building off of their previous successes and adding even more jobs in our community,” said Madison Mayor Paul Finley. “I am excited about the opportunities these companies bring for our region as we continue to grow together.”
“These economic development projects have changed the future of our county by their investments and job creation,” said Limestone County Commission Chairman Collin Daly. “The opportunities provided to our community through these projects will have a lasting impact for years to come.”