This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Industrial Directory Reports Alabama Manufacturing Employment Unchanged Over Past Year

EVANSTON, Ill., May 7, 2012 /PRNewswire/ -- Industrial employment in Alabama remained steady over the past twelve months, according to the 2012 Alabama Manufacturers Register®, an industrial directory published annually by Manufacturers' News, Inc. (MNI) Evanston, IL. MNI reports Alabama lost just 129 industrial jobs or less than one percent from March 2011 to March 2012.

Manufacturers' News reports Alabama is now home to 5,515 manufacturers employing 302,511 workers.

"The recovery is gaining momentum in Alabama and across the U.S.," says Tom Dubin, President of the Evanston, IL-based publishing company, which has been surveying industry since 1912. "The state's friendly business environment has been a draw for a variety of enterprises, particularly in the auto sector."

Bright spots for the state included auto-parts supplier Seung Chang Airtek Inc.'s opening of its second plant in Auburn; Honda's expansion of its assembly plant in Lincoln; the opening of a HONAM Petrochemical Corp. site in Auburn; and Hyundai's expansion of its engine plant in Montgomery. Auto supplier ZF plans an expansion of its Tuscaloosa factory; Mando America, a Korean auto parts maker, recently announced plans to expand its Opelika facility; Honeywell's UOP LLC will expand its plant in Mobile; and Mercedes is expanding its Tuscaloosa site.

MNI reports transportation equipment manufacturing has overtaken food products as the state's largest industrial sector by employment, with 38,224 jobs, up 8.6% from a year ago. Second-ranked food products manufacturing accounts for 36,719 jobs, up 1%. Fabricated metal products ranks third and represents 25,196 industrial jobs, down 3.7% over the past twelve months.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.29 -0.94%
FB $117.80 0.32%
GOOG $697.02 0.67%
TSLA $227.10 -2.20%
YHOO $35.89 -0.33%


Chart of I:DJI
DOW 17,660.99 -89.92 -0.51%
S&P 500 2,048.93 -14.44 -0.70%
NASDAQ 4,726.4480 -36.7760 -0.77%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs