Southern US states saw a resurgence of investment projects in 2010, primarily in South Carolina and Alabama, according to data by fDi Markets.
While the top destination states of California, New York and Texas have remained largely the same over the past three years, growth rates for South Carolina, Alabama, Kentucky and North Carolina have improved.
Alabama saw 25 projects in 2010, almost double the previous year’s level and a record figure since it posted 22 in 2003. North Carolina received 57 projects over the year, also a state record, and has seen an increase in projects each year since 2007.
It was not all good news for the region, however, as Georgia and Texas posted significantly fewer projects compared to 2009.