Alabama Ranks in Top Five for Investment

Global consulting firm Ernst & Young says companies from around the world poured more than $5 billion into capital projects in Alabama last year, earning the state a place near the top of its investment rankings

Ernst & Young’s closely watched “US Investment Monitor” ranked Alabama No. 5 among the states for mobile capital investment last year, with a total of $5.3 billion. The firm also ranked Alabama among the top states for foreign investment spending.