Saturday, March 21, 2009
By Eric Fleischauer
Morgan County, the ninth largest county in the state, received the second highest amount in investments from new and expending industries last year, a state agency reported Friday.
New and expanding industries invested more in Morgan County in 2008 than in any other county in the state except for Mobile County, according to the annual report of the Alabama Development Office.
With $696 million in investments, Morgan County ranked second in the state.
First place went to Mobile County, with investments of $854 million.
In 2008, Morgan County announced 15 projects creating 198 jobs.
The expanding companies included:
- AMDEK Inc. in Somerville.
- BP America Inc. in Decatur.
- Byrd Maintenance Service Inc. in Decatur.
- D & D Stamping Inc. in Laceys Spring.
- Daikin America Inc. in Decatur.
- DelMonte Foods (Meow Mix) in Decatur.
- Eaton Hydraulics in Decatur.
- Hexcel Corp. in Decatur.
- JIT Industries in Hartselle.
- Lakeland Industries Inc. in Decatur.
- Nucor Steel Decatur LLC.
- Southern Water Consultants Inc. in Decatur.
- United Launch Alliance in Trinity.
- Wayne Farms LLC in Trinity.
Statewide there were 413 announced projects last year, creating 14,609 jobs for a total investment of $3.69 billion.
“I’m extremely pleased with our ranking with the state considering the downturn in the economy last year,” said Jeremy Nails, president of Morgan County Economic Development Association. “I appreciate the existing industries moving ahead with their expansion plans and their confidence in our community.”
Jefferson County was in third place with $135 million in investments. Madison County, with $81.2 million, was in ninth place.
Limestone County had $52.9 million in investments, ranking it 12th in the state.
Lawrence County had no qualifying investments.