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Congress Reports
I am extremely pleased by ThyssenKrupp's decision to build its new state-of-the-art steel manufacturing and processing facility in southwest Alabama. Once again, our region, and indeed the entire state, came together in an unprecedented way to put our best foot forward. Over the past several months, we have come to know ThyssenKrupp, and we are obviously impressed with our newest corporate citizen. Clearly, they like what they see in Alabama as well. This new plant is one of the largest private industrial development projects in the United States. Initially planned as a $2.9 billion investment, ThyssenKrupp announced that instead it will be investing $3.7 billion in this new facility. During construction, the facility will create upwards of 29,000 jobs and is expected to create an additional 38,000 to 52,000 indirect jobs over the next 20 years. Over a century ago, steel was Alabama's "cash crop" and steel manufacturing played a major role in Alabama's industrial revolution. Now in 2007, Alabama is one of the leading producers of automobiles in the United States. ThyssenKrupp's announcement brings Alabama's steel legacy full circle. No one deserves more credit for making this project a reality than Governor Bob Riley and Neal Wade in the Alabama Development Office. Once again, they have spearheaded a superbly coordinated and executed effort with our entire congressional delegation, our state legislature, the Chamber of Commerce and the many business leaders they represent, and all of our local elected officials throughout southwest Alabama who have been so involved in this announcement. Without a doubt, this decision recognizes the many good things we have right here in southwest Alabama. As we celebrate this new partnership between our state and ThyssenKrupp, we look forward to a brighter future for all of Alabama.
Jo Bonner, R-Mobile, serves the First Congressional District of Alabama which includes a portion of Clarke County.
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