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Economic Base

Montgomery is a region of vast economic diversity. As the capital of Alabama, it is home to state and regional governments as well as Maxwell Air Force Base, a major military installation and site of the prestigious Air University.  An extensive service industry, wholesale and retail trade, and a thriving industrial base contribute to the city’s vibrant and well-balanced economic environment.

Advanced Manufacturing
Montgomery is home to Hyundai Motor Company’s first North American production facility, a $1B investment. Hyundai Motor Manufacturing Alabama (HMMA) has been named the most efficient and highest productivity auto OEM in North America. HMMA and its suppliers have an annual economic impact of $4.82B to the State of Alabama’s economy.

Leadership Center of the U.S. Air Force
Montgomery’s Maxwell-Gunter Air Force Base is the educational and technological center of the U.S. Air Force and has more than 17,000 military, civil service and contracted personnel, and a student throughput population of more than 34,000 students annually. Maxwell is home to the prestigious Air University, the International Officers School and almost 30 professional schools. For more than 50 years the International Officers School has attracted military leadership from around the world.

In addition, Maxwell’s Gunter Annex supports the full spectrum of the Air Force computer information systems management that includes the development and sustainment of the entire information technology combat support backbone. The Montgomery Defense Information Systems Agency facility, located at Gunter Annex, is one of eight Department of Defense Core Data Centers. The Montgomery computing center is the first of the eight core centers to be fully “cloud” capable.

Emerging Technology Hub
Montgomery has aligned defense, public and private partners to create Alabama’s first Internet Exchange – one of only four in the Southeast. Through a unique partnership of the City of Montgomery, Montgomery County, the State of Alabama, Maxwell-Gunter Air Force, Air University and the Cyber College of the Air Force, regional and statewide universities and the RSA Data Center, Montgomery is the only non-Tier-One city with an Internet Exchange, partnered with industry-leading content delivery giant Akamai.

TECHMGM is a collaboration of local industry, educational and government entities working together to connect and leverage Montgomery’s unique technology related assets. By maximizing the community’s diverse technology talent pipeline and promoting the city as an emerging and innovate technology hub, this initiative is enhancing and growing the regional economy.

DID YOU KNOW?

  • 110+ local IT organizations serve as the backbone of Air Force IT business operations support.
  • Tourism contributes $512M annually to Montgomery’s economy.
  • Maxwell-Gunter Air Force Base has an annual student throughput population of more than 34,000.
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