Karla Khodanian of the Birmingham Business Alliance (BBA) said it would bring nearly $200 million in capital investment to the metro area by 2022.
Those investments also created nearly 1,500 jobs this year, which Khodanian said were the product of 22 BBA programs.
For example, she said the year got off to a strong start, with refractory production company HarbisonWalker International opening a factory in Fairfield with 50 employees.
The 200,000-square-foot property is located within the formerly closed Fairfield facility at 2595 Ensley-Pleasant Grove Rd. According to a previous report by AL.com’s William Thornton, the construction cost was $25 million.
In another development that Khodanian described as “significant for the tech community”, app company Fetch Rewards moved to Birmingham. This spring, Fetch created 200 jobs and $1 million in capital investment at its new customer support center in Parkside, according to Khodanian.