JOB FACTS*

U.S. subsidiaries in Alabama have consistently supported a significant number of jobs in the state. They now employ 72,700 Alabama workers-an increase of 38.5% over five years.

In comparison to other states, Alabama has proven to be an attractive location for international employers, ranking 25th in the United States in the number of employees supported by U.S. subsidiaries.

PROMINENT U.S. SUBSIDIARIES IN THE STATE

Honda

Atofina Chemicals

Cinram

DaimlerChrysler

Degussa Corporation

GKN Aerospace Services

Michelin North America, Inc.

Shin Young Metal Industrial Co.

Sodexho Inc.

Tomkins Industries, Inc.

Toyota Motor Manufacturing North America

MANUFACTURING JOB FACTS

U.S. subsidiaries support 34,300 manufacturing jobs in Alabama. Manufacturing companies tend to have a strong "multiplier" effect on the economy-stimulating a substantial amount of activity and jobs in other sectors through their demand for inputs from other suppliers.

Overall, approximately 47.2% of jobs at U.S. subsidiaries in Alabama are in manufacturing industries.

ONE COMPANY'S STORY

Honda Manufacturiing of Alabama (HMA), a U.S. subsidiary of the Honda Motor Co., Ltd., is Honda's fourth motor vehicle manufacturing plant in the United States. Investment in the plant is $1.005 billion. HMA currently produces the Odyssey minivan and the V6 engine that powers it. Before reaching its initial production capacity, an expansion was announced that will increase production to 300,000 vehicles and engines by the end of 2004. Production of the Pilot SUV will be added in April 2004. Employment will rice to 4,300 from its current level of 3,000 at that time.