CNN Money Magazine has included Madison and Lee counties on a national list of areas with the best employment opportunities, “making them great places to live and work,” the news organization said.
Madison County ranked No. 7 on a list topped by Columbia County, Ga. (No. 1); Rockwall County, Texas (No. 2); Falls Church, Va. (No. 3); Guadalupe County, Texas (No. 4); and St. Johns County, Fla. (No. 5). Lee County ranked No. 22 on the list.
To see the complete “Where the jobs are” list in CNN Money Magazine, visit theirwebsite.
Using data from the U.S. Census and Onboard Informatics, CNN Money reports job growth from 2010 to 2012 was 11.5 percent in the Huntsville/Madison area. CNN Money said “U.S. military and private defense contractors are commanding growth in Madison County.”
“Army base Redstone Arsenal is rapidly expanding its 37,000-strong workforce,” CNN Money Magazine said. “Defense companies Yulista Management Services and SAIC have both snapped up buildings in the Jetplex Industrial Park, adjacent to Huntsville’s International Airport.”
It also praised Cummings Research Park, Toyota’s recent $150 million V-6 engine investment and Carpenter Technology’s new manufacturing facility, which will employ 200 in Limestone County when it is fully operational.
The joblessness rate was 5.5 percent in Madison County and 5 percent in Lee County in May, according to the state Department of Labor.
Lee County, which experienced 9 percent job growth from 2010 to 2012, was lauded for its proximity to Atlanta and Auburn University, “making it an attractive place to do business.”
Automotive engineering firm APR’s decision to expand its Opelika operations, Pharmavite’s new site at Northeast Opelika Industrial Park and GE Aviation’s new facility were mentioned in the magazine ranking.
“Auburn Technology Park West is also home to several growing manufacturers,” CNN Money said. “Donghee America announced plans to make automotive fuel tanks in Auburn and has already begun hiring leaders of the operation, which is expected to employ 80.”
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